Before this huge growth on bitcoin, I decided to buy some Ethereum. Since the price of ETH is slowly going down with the growth of the BTC, should I sell my Ethereum to buy Bitcoin again? Thank you in advance, Im new to this!
I don't think it makes any sense to do that move now. You are basically picking the worst possible time to change ETH to BTC. Just two days ago you got 0.04 BTC with one ETH and now you get 0.026 - almost losing half of the gain. If I was you I'd just hold on to my ETH until the ratio gets better. Bitcoin might go down for a big correction any day or it could be some news pushing ETH higher. It's not like you are holding some toxic asset, ETH is a nice investment as well and the ratio will also move other way. Just last week Bitcoin corrected from 11K+ to less than 9K in one day.I'm actually thinking of selling some BTC for ETH myself, already sold a little bit to buy my long-term target ADA!
