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Topic: Should I convert my bitcoin to Ethereum? - page 10. (Read 5773 times)

sr. member
Activity: 784
Merit: 282
August 17, 2017, 12:02:30 PM
#31
I'd actually be more interested in an opposite question, should i be converting my ethereum to bitcoin right now?
Seems like the bitcoin surge isn't done and there is more money to be made on the btc side.
sr. member
Activity: 714
Merit: 250
August 17, 2017, 11:55:30 AM
#30
I would rather take some of the btc, move it to an exchange and short ethereum. Grin

Of course diversified is smart to reduce risk. But I don't think eth will be a good investment now.
It is not a good decision to convert all your bitcoin into Eth. So you can invest both, btc is still the best investment even short or long term investment but ofcourse if long term you can earn huge profit. Though eth is also has the potential so might good to invest both.
hero member
Activity: 779
Merit: 502
August 17, 2017, 11:41:58 AM
#29
I would rather take some of the btc, move it to an exchange and short ethereum. Grin

Of course diversified is smart to reduce risk. But I don't think eth will be a good investment now.
full member
Activity: 238
Merit: 100
August 17, 2017, 11:35:49 AM
#28
Diversification is alwas good. All in 1 coin is not the best choice..

Make 50% in BTC and 50% in other promising projects. ETH is promising too. I can expect very intresting things in November when Metropolis will come and Bitcoin Segwit2x hardforks.


ETH still have scalling problems, but recently I tryed to send throw this network and it was much faster and cheaper than throw BTC network anyway.

Mr.Poon the creator of Lighting Network and Raiden Network joined to the Plasma.io project a lot of different other projects on Ethereum.


Ofcourse now Bitcoin is growing , but 130% for month it is nothing comparing to some Ethereum ICO with +1000% grow. Dont get me wrong I also have BTC in my portfolio,but 130% for month in crypto nowdays is not the most impresive result. Is still good ofc.


Look yesterday OMG +80%, today BAT +40% .
oX project launched with ZRX +120%

And this all is Ethereum tokkens...


Main top 50 coins now is ERC20 tokkens on Ethereum Network.

It is definetly worth to invest some in ETH or better to catch ICO train.
hero member
Activity: 3010
Merit: 794
August 17, 2017, 11:29:57 AM
#27
When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
Why would bother on switching completely on ETH since you can still have both at the same time and as being said Diversification would really be the best move or thing to do. ETH do have potential to be the next big thing but still not an assurance but the possibilities are always there. I would stick on Bitcoin anytime since its the first crypto that do exist and seeing on its value it cant really be beaten up easily.
legendary
Activity: 1008
Merit: 1000
August 17, 2017, 11:25:36 AM
#26
I would keep 70-80% of your BTC and put the rest into various alt-coins.  if you have 100k of BTC, spread 30k around iota, neo, eth, qtum, nem, or whatever coins appeal to you.  Perhaps take a look at some upcoming ICOs like Enigma, Datum, KickICO, BetKing, among others.
70-80% is high ratio and need spend more to altcoin or other type investment if you not want putting all your funds to a place.
I think you can try set 40% for holds BTC, 30% for holds altcoin and 30% for investing ICO project.
full member
Activity: 504
Merit: 105
August 17, 2017, 11:13:38 AM
#25
I would agree to convert 10% of your BTC to ETC and some good altcoins. The BTC price is so hot right now so keep it big and divert a small percentage to other altcoins.
hero member
Activity: 696
Merit: 500
August 17, 2017, 11:09:53 AM
#24
 Grin
Comeback from longtime... Now I think ETH is a good invest.
u known it's faster than Bitcoin and cheaper fee. The future have promise. Bitcoin is just the first coin. No tech. Nothing!!!!
full member
Activity: 224
Merit: 113
August 17, 2017, 11:06:16 AM
#23
When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
How about half of your investments for each?People often says never put all you eggs in one basket.
member
Activity: 72
Merit: 10
August 17, 2017, 10:23:07 AM
#22
I would keep 70-80% of your BTC and put the rest into various alt-coins.  if you have 100k of BTC, spread 30k around iota, neo, eth, qtum, nem, or whatever coins appeal to you.  Perhaps take a look at some upcoming ICOs like Enigma, Datum, KickICO, BetKing, among others.
full member
Activity: 122
Merit: 100
August 17, 2017, 08:58:24 AM
#21
It's  also a choice, but maybe you should think throughly. As far as I'm aware btc is still more stable than ETH, although ETH can bring you a significant profit in a short time but it still depends on luck. Btc will probably only make a really big profit when you invest long term but it's stable and people are investing more.
legendary
Activity: 2674
Merit: 1226
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August 17, 2017, 08:42:47 AM
#20
Diversification is the smart way to go, even if you only believe in Bitcoin. At least hedge a small fraction in the top 5 if you hate them all. It isn't about personal belief after all, just a way of securing your basket.

Actually, out of crypto is also a wise diversification. Yes, store a small amount in fiat bank savings. Do it.
hero member
Activity: 868
Merit: 500
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August 17, 2017, 08:36:52 AM
#19
When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
It depends on what you prefer, i also suggest that if you want to convert your bitcoin in ethereum make sure that the converting transaction is in its highest rate or if you want to invest in a project , i think you dont have to convert it in ethereum cause bitcoin is the most usable and known coin in investing to a ico projects.
It really is up to him if he wanted to exchange his Bitcoin out to Ethereum. There's nothing that we can do or say that will influence his decision because he might've made up his mind on it already.

Since we are only throwing some ideas then I would start off by holding Bitcoin then whatever payments I get beyond a certain amount of coins I would send those coins somewhere and have it exchanged to Ethereum.

Messing around with Ethereum contracts if pretty interesting as well so having some money in Ethereum could be a good thing if you're into that kind of stuff.
full member
Activity: 342
Merit: 108
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August 17, 2017, 08:32:30 AM
#18
When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
It depends on what you prefer, i also suggest that if you want to convert your bitcoin in ethereum make sure that the converting transaction is in its highest rate or if you want to invest in a project , i think you dont have to convert it in ethereum cause bitcoin is the most usable and known coin in investing to a ico projects.
hero member
Activity: 966
Merit: 500
August 17, 2017, 08:08:29 AM
#17
Although bitcoin prices have great fluctuations and compared with a more stable ethereum, I think you will regret doing so. Bitcoin does have great fluctuations but they still have a good pump.
sr. member
Activity: 812
Merit: 253
August 17, 2017, 08:01:34 AM
#16
Yes diversification is always a good thing especially in trading but if I were you I'd retain my bitcoin and stay it as where it is and invest another capital for Ethereum. You might regret it after you know, that's just my point of view.
sr. member
Activity: 322
Merit: 250
August 17, 2017, 07:53:40 AM
#15
Diversification in investing is always a good advice. If you only hold Bitcoins right now, I would take at least 30%, better 50%, of you Bitcoin holdings and invest them into some promising altcoins. I do not want to say Ethereum is a good alternative. Everyone has to do the decision on his/her own. Ethereum is a widely used platform for smart contract. You can aquire a small stake but also consider others like NEM, Golem, IOTA, Dash and so on.
full member
Activity: 448
Merit: 100
August 17, 2017, 07:50:05 AM
#14
Hold both of them. Now the most popular coins are Bitcoin and ETH. Etherium has smart contract that has created hundreds tokens. Many developers work with the tokens and made succesful ICOs. Now days, the growth of the ICOs majored by etherium token even though there are some alternatives like waves, etc , stratis and others new coins with smart contract. The investors are still familiar with etherium wallet though for newbie security of etherium wallet is vulnerable to hacking attampt. For veteran users , they don't worry about the security. Etherium and Bitcoin will be the biggest coin ever.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
August 17, 2017, 05:35:11 AM
#13
when you diversify you do it with more reliable assets not with the least reliable ones.
right now ethereum is experiencing a lot of issues. the network was slowed down again recently and big exchanges were forced to disable it again!
and i don't think there is anyone who doesn't know ethereum is in an artificial price or as you may know it "a bubble".

wait around, invest in other altcoins and then when ethereum bubble was busted come in and invest at the bottom.
sr. member
Activity: 616
Merit: 256
August 17, 2017, 05:05:13 AM
#12
if you think that ethereum has the power to soar as high as 1000 USD this year then it is much adored to invest into ethereum but covnerting all your Bitcoin to Ethereum is not a wise choice but investing a part of your bitcoin to ethereum is much considered like putting one third of your BTC and the other third is for other alt coin of your choice and the remaining third is for holding your bitcoin.
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