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Topic: This makes sense or not? (Read 541 times)

sr. member
Activity: 1778
Merit: 309
September 16, 2022, 09:05:13 AM
#82
This plan seems logical to me, it is likely that there will be some rise in prices after the merger, and then the price will return to its previous position later, so it may be good to try to take advantage of this rise and fall and get more additional profits, the merger actually happened and there was a slight increase in the price for that You have to choose the right moment to sell and then the right moment to buy again.

More than a day has passed since the merge and there hasn't been any spike as many would expect and can see the price of ethereum has also dropped but not due to dumping occurring. The market is falling but very slow and tug-of-war, I just checked the price of ethereum, it's only down about 10% since the merger was successful.

It is really hard to predict the market, for those who have sold before it is also very difficult to decide to buy now because the price drop is negligible and now is not a good price to sell. Neither long nor short can profit from this event.
You are really an optimistic person but OP is kinda be thinking that drop is way possible due to some big sell off and he actually right. I wasn't surprise to see this drops comes because before the merge date to occur, many negative speculations arises and talking about huge drop and this eventually influence to the other investors. I'd see that not all are able to hold and take the risk, some will easily to give up when hearing negatives, and this what it happens ti ETH.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
September 16, 2022, 01:44:55 PM
#74

 many negative speculations arises and talking about huge drop and this eventually influence to the other investors. I'd see that not all are able to hold and take the risk, some will easily to give up when hearing negatives, and this what it happens ti ETH.

You are right, the price continues to decline because there are many selling because of the fear of high risks, but I expect that this movement will be reversed soon when the price drops to an attractive point to buy, then many investors will start buying from this point and this will lead to a rise in the price again due to the increased demand for purchase. Ethereum is a very strong coin and is expected to witness significant growth due to the move to the new network and this decline is only temporary.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
September 16, 2022, 08:19:21 AM
#73
This plan seems logical to me, it is likely that there will be some rise in prices after the merger, and then the price will return to its previous position later, so it may be good to try to take advantage of this rise and fall and get more additional profits, the merger actually happened and there was a slight increase in the price for that You have to choose the right moment to sell and then the right moment to buy again.

More than a day has passed since the merge and there hasn't been any spike as many would expect and can see the price of ethereum has also dropped but not due to dumping occurring. The market is falling but very slow and tug-of-war, I just checked the price of ethereum, it's only down about 10% since the merger was successful.

It is really hard to predict the market, for those who have sold before it is also very difficult to decide to buy now because the price drop is negligible and now is not a good price to sell. Neither long nor short can profit from this event.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 16, 2022, 07:52:24 AM
#72
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
We've been through the merger and the price hasn't shown any sign of going up high so it's highly recommended to keep it on hold until then. This is because the market situation has not yet moved upwards. Besides that, the market has declined again and caused many altcoins to follow suit. You have to be more patient and keep waiting and holding your coins and even if there is no sign of increasing, it will be okay because eventually, the price will go up again.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
September 15, 2022, 03:09:01 AM
#71
This plan seems logical to me, it is likely that there will be some rise in prices after the merger, and then the price will return to its previous position later, so it may be good to try to take advantage of this rise and fall and get more additional profits, the merger actually happened and there was a slight increase in the price for that You have to choose the right moment to sell and then the right moment to buy again.
legendary
Activity: 2660
Merit: 1074
September 15, 2022, 03:02:04 AM
#70
it could just happen because of what we experienced before that when a coin has big news like an airdrop snapshot, burn, fork , it will go up high quickly. but after that we will see the massive sales. but if you mean ethereum it should reconsider, if you are buying cheap it shouldn't be necessary to sell everything but sell some when it is already at its peak during the merger.
Agree, when it is lower level coins the news itself could be the carrying factor and when the news passes it is going to go down because everyone wants to get out. But have you asked yourself why they get out? They get out because they do not want to hold those low level coins and want to hold stuff like ETH instead. In this case, it is not just one merge and then over, it is going to change ethereum for good and it is going to have people buy it all the time to be able to stake more and more.

I will be one of those people and there will be a lot more people as well, the more money they make the more ETH they will buy in order to put that into a pool and make more money from the staking rewards as well.
copper member
Activity: 106
Merit: 20
September 14, 2022, 09:13:34 AM
#69
Today I read an article by one of the ETH developers, from which it follows that perhaps not everything will go well and there will be problems. This may not tell the price in a good way. It may not happen, but who knows.
It would be nice if you could provide the source of such article because if that is true then that is very serious, if one of the current developers of ethereum doesn't think that things are going to proceed as smoothly as they have made the community to believe then this is a problem, because when those problems emerge people are going to panic, people are going to believe that everything is going wrong and they will begin to sell their coins, and unfortunately the effect will not only felt by those holding ethereum but by those holding any kind of coin in this market as I think a generalized crash may follow.

Here you can read it. I can't guarantee that all this is true, but maybe there is some truth in it.
https://twitter.com/splix/status/1569337177984700417
sr. member
Activity: 2002
Merit: 250
September 13, 2022, 05:00:14 PM
#68
...Taking some profit out from the volatility of the market is really a good idea and losing such an opportunity is a big mistake.

Sell or hold, this is the main dilemma of the investor. And this applies not only to Ethereum, but also to all other coins that are in your wallet. Almost every coin has a news background that either pushes the price up or a dump. Currently, the attention of the majority is focused on the Ethereum merger and this is a great opportunity to make a profit. The main thing is to make the right choice.
It is not easy to make the right decision, therefore it is very important to do research and analysis before making a decision.
why not as long as it can make a profit I think it needs to be used,
maybe with the merger of Ethereum it will make the price go up we'll see
hero member
Activity: 1498
Merit: 711
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September 13, 2022, 04:06:53 PM
#67
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
In this kind of case you are of good position to conclude what ever you have in mind, because i believe buying will be more easier for you, because mining required many things and especially equipment and adequate electricity for the mining of bitcoin to take place, except it's a situation what you are mining is all this local token, you can mine if it's a token, but a process whereby it's Bitcoin, i will advice you to buy instead of involving into mining
legendary
Activity: 2534
Merit: 1338
September 13, 2022, 03:52:13 PM
#66
Today I read an article by one of the ETH developers, from which it follows that perhaps not everything will go well and there will be problems. This may not tell the price in a good way. It may not happen, but who knows.
It would be nice if you could provide the source of such article because if that is true then that is very serious, if one of the current developers of ethereum doesn't think that things are going to proceed as smoothly as they have made the community to believe then this is a problem, because when those problems emerge people are going to panic, people are going to believe that everything is going wrong and they will begin to sell their coins, and unfortunately the effect will not only felt by those holding ethereum but by those holding any kind of coin in this market as I think a generalized crash may follow.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 13, 2022, 03:27:41 PM
#65
...Taking some profit out from the volatility of the market is really a good idea and losing such an opportunity is a big mistake.

Sell or hold, this is the main dilemma of the investor. And this applies not only to Ethereum, but also to all other coins that are in your wallet. Almost every coin has a news background that either pushes the price up or a dump. Currently, the attention of the majority is focused on the Ethereum merger and this is a great opportunity to make a profit. The main thing is to make the right choice.
full member
Activity: 532
Merit: 100
September 13, 2022, 02:50:44 PM
#64
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

How do you know from where that massive sale will happen after the merger?, I think you are doubtful by holding ethereum at this time. I myself will release it after merging later if the price will exceed what I bought before. but i will consider releasing my ethereum

It is obvious that the current increase in the price of ETH is influenced by the hype of the Merge event.  It is highly possible that after the event, the hype that is pushing the price of ETH will be gone, and that those who invested at the early stage of the hype might probably sell their holdings in order to get a profit.  These sell off and hype gone may crash the price of ETH at certain point.  Besides we are still in the bear market so it would be hard to maintain the hype cause by the merge event when the event is over.

Currently, it is difficult to make a decision. If he sells all his Ethereum and then it does not have any massive sales, he will regret the decision. The probability that ETH will increase after the merger is higher than the dumping. He seems to be going against a lot of people, I see a lot of investors buying into ETH and hopefully with this merge happening, they will then be distributed a coin forked from ETH and this is the free profit. I think this option is better than selling ETH and buying it back later, it's too risky.

Just consider the situation,

1. the current cryptocurrency market is at a bear market
2. the recent ETH hype is created by the merging event
3. People are buying because of the possible free money when the network is forked.

So after the event these 2 and 3 will be possibly gone making the ETH market goes back to the reality of being in a Bear market.  So is there any reason for the ETH market to continously increase the price if the hype and the people who are buying due to the possible free money are gone?  I think a dump is very much possible after the merge event.

I think it's best for ethereum holders for now, let's just wait and see what happens later. do not just look at the unstable market conditions at this time. I think it is very likely that the price of ethereum will be even better after the merging event occurs later. hopefully the price of ethereum continues to be pushed and gets better
sr. member
Activity: 1610
Merit: 264
September 13, 2022, 11:30:38 AM
#63
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Maybe call the 90% of your bag. Like libert19 mentioned, it is better to do it before the change. This is not a small change that we are talking about anyway. All I can see for now is some ETH GPU miners are affected from this since ETH will now turn from PoW to PoS and I only found that out since I was looking for GPU lately and they were skyrocketing still though here in my region.

Just hold the rest so you would still somehow play it safe regardless and you can decide to buy more if it somehow did not impact ETH really bad. Considering how ETH stays top 2 for many years, I had doubts it would impact that bad.
member
Activity: 1041
Merit: 25
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September 13, 2022, 11:13:14 AM
#62
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

Well, just wait the merge if what will reallly gonna happen and if you can make profit if ever you will.sell.all your coins.during that event. All we can do is to predict  but there is no certainty in every prediction.
hero member
Activity: 2562
Merit: 586
September 13, 2022, 11:12:23 AM
#61
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
First of all, what is that crypto coin you are planning to sell? Are those btc and some altcoins/tokens? But, as long as it's not Ethereum, then there is no need for you to sell them because they may not be affected by the possible dump and if ever they fell, just don't panic because they can always recover but you can opt to buy more coins.

You said you are a miner so what is that coin you were mining? Was it eth? When I visit the mining boards I see that some users are planning to sell their eth miners. Maybe you can also do the same thing because I think eth mining will become obsolete however I think you can still use it to mine other coins.
member
Activity: 1540
Merit: 22
September 13, 2022, 10:48:38 AM
#60
Not bad. I don't think you can expect massive sales but yes there will be some people cashing in on the news of the upcoming Hardfork. However, if you've been holding back for a while I don't think this will be a problem, as you'll see a huge increase in value that day. Selling or trading has the potential to cause heavy losses at this early stage. There is potential, although risky and volatile.
legendary
Activity: 2086
Merit: 1058
September 13, 2022, 10:08:49 AM
#59
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
I think you are not alone, many people are doing things like you do, some think like that, for sure the crypto market today has a lot of predictions popping up, if you think it's best just do it, all of us have a goal as a crypto investment.

You need to consider now in my opinion crypto investment, greater self-confidence than analysis and predictions out there.
I agree, everyone have all kinds of predictions and some will say that OP would be doing a great job by selling after the merge (not even know when exactly) and some will say that it is going to be a bad idea. I am one of the people who would say that it is a bad idea but at the end of the day we are talking about something that is going to end up with a bit of a problem in the long run if we just trust others with our ideas and predictions.

If you ask others your predictions then you are going to end up with a bad result since there will never be one correct answer. Do what you think is the best for your money and hope that it will get a good return in the long run so you could profit from it smartly.
copper member
Activity: 106
Merit: 20
September 13, 2022, 05:59:57 AM
#58
Today I read an article by one of the ETH developers, from which it follows that perhaps not everything will go well and there will be problems. This may not tell the price in a good way. It may not happen, but who knows.
sr. member
Activity: 1960
Merit: 273
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September 13, 2022, 03:14:42 AM
#57
it could just happen because of what we experienced before that when a coin has big news like an airdrop snapshot, burn, fork , it will go up high quickly. but after that we will see the massive sales. but if you mean ethereum it should reconsider, if you are buying cheap it shouldn't be necessary to sell everything but sell some when it is already at its peak during the merger.
developments made by Ethereum have been very long. the process is not simple. many investors are supportive and enthusiastic about what Ethereum is doing.
selling all assets would certainly be too bad. because a gamble is being carried out. if the price goes up after the sale, I'm afraid Ethereum won't drop as much as the price is discounting.
good advice when we can sell some to take profit moment. and we can hold the rest to see market conditions after the merger is complete.
but myself, still want to hold back at least 2-3 more years.
full member
Activity: 773
Merit: 101
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September 12, 2022, 10:24:43 PM
#56
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

Do you have a good reason that massive sales will occur after the merge? I don't think the merge has anything to do with the massive sales you're referring to. If you have a clear reason for what you are asking, it never hurts to try based on your estimates.
maybe he thinks after the merge there will be a slight increase then the holder will sell everything and make the price go down and he will take the opportunity. but merge does not always have a big effect on price. because after the merge is complete, developers will usually focus on the new system or new features offered to holders or investors.

That's right, they think more about other strategies or other ways with targets that may not be the same as before. Don't really expect to make a profit or increase in price later.
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