This makes sense or not? - page 3. | Bitcointalksearch.org

Oilacris

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

If we do base up on common behavior or price movement whenever there's some big news or updates then there's usually a sell off but no one really knows if it would happen early or after the event that's what makes it hard to predict and made up decisions in regarding to this.

It's up to you in the end of the day and never intend to listen others suggestion yet we are all speculating on this market as always which does means that you do need to rely on your own most of the time.

Issa56

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Have been hearing people saying their will be a massive sell of but am not sure yet, everybody are just predicting and thing's might not be like that at the end, if you have done your research well and you believe what people are saying then I think you can just sell and buy back later, but I will advise you, since nobody is sure about what will happen after the merge then I think it's just better you sell off 50% of your coin and leave the remaining 50% and see what will happen, if their is a heavy sell off then you can use the 50% which you sell to accumulate more coin after dumping and if the coin keeps on pumping you will know you are having 50% and you won't be left behind.

Xal0lex

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

It will be like a lottery. No one knows exactly how ETH will behave after the merger. There's no sure sign that it will fall or rise sharply after the merger. Your plan of short-term speculation through the merger is too risky. Right now, ETH has already risen quite a bit, approaching the $1,800 mark, even though it was worth about $1,400 2 weeks ago. A classic case of the novice investor could happen. Either you will buy ETH and after that the price will go down, or when you sell it, it will go even higher.

Marvelman

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Making sense, there will be a massive shift in value and supply upon the merge. But very risky and could backfire, so I would not do that.

What if the price goes up? What if the price goes down? What if the market crashes and bags lose value? All of that is a possibility. That's why I won't pursue this course of action. If you can handle these risks, then by all means, good luck to you.

Anguwa

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

The merge may not result in a massive sell-off as expected; however, any investment involves risk; therefore, you should conduct additional research on the merger; however, you should not sell off all of your crypto bags in the hopes of buying back at a low price; otherwise, you may lose everything. Keep your crypto bags until the next halving before selling if you want to make more money.

kasunrandil

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pump or dump either of them could be happened. we cannot say exactly. it's better of doing DCA from now. these are bottoms for all cryptocurrencies and most of stocks as i know. ethereum merge will lead the road to the moon or maybe not. but always keep in mind that most of crypto investors are waiting for ethereum merge, all eyes on ethereum now. the purpose of ethereum is not reducing the ethereum gas fees but to turn from pow to pos. ethereum foundation has stated it recently. so do your own research about all of these . good luck.

kojektea

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some people think this merger is related to the massive sales because initially there will be adjustments for the start of the new system. it doesn't matter if you sell it first, this is a safe way if you are sure of your prediction. we have our own predictions I prefer to hold it because the current market is very safe even though the merger day is near.

vanesha

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You must be clear in your predictions if you need data as evidence whether the merger in the near future will lead to massive sales or vice versa. here we can't talk only by feeling, it's better to use whatever predictions there are, everyone will be easier to believe and understand.

BIT-BENDER

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Well ask yourself what's your reason to think there would be a drop in crypto-currency market price. First let's talk about the Ethereum merger, it's not hard to understand that this merger isn't for the downfall of Ethereum but a thoughtful decision they have to take moving forward to ensure even more improvements.
I personally don't understand the FUD that is surrounding this up coming merger and none has giving any reasonable fact as to buy they think the market would be affected negatively.

Mergers like this would almost impossibly never stop happening and they are just but necessary decisions, I think it's no sense selling all content of your portfolio, if you have negative feelings about the Merger then you can check out some of the coins most vulnerable if things goes bad and sell them off rather than selling all. You may just be buy them at same price or more expensive than you sold off.

virasisog

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

It depends on your target profit and buying price. If the price would pump and you think you'll gain enough profit then selling will be good for you. You could decide based on your target goal. We still aren't sure if the merge will change the price or would affect the market status of Ethereum so better be wise and careful and don't just decide based on the hype.

BitDane

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

It does make sense. As we can see before the ETH merge event, the market is greatly hype, I think the hype coming from the event will eventually die after the event so we would be expecting that a massive dump will occur since many will be cashing out to take their profit. So if you plan to take advantage of the possible situation then it is a good move to sell before the big dump happen and accumulate when the price dump.

Yatsan

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It will be a double edged sword, I guess. What if the moment you sold your bag or assets, is also the point wherein the price started to increase? The problem here is lack of assurance. Indeed, the idea is good bat it is lacking assurance. I think it will be better to let alone your bags, then just prepare money to buy or reinvest to a coin of your choice, a matter of adding more amount to your investment. The reason why is because it would be safer simply because you still have your money with you; if ever the prices don't go up, no lesses would be decared, and also you'd still fulfill your idea of buying more during the downfall of the prices, right mate?

eXtremal

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everyone has a prediction that they think is most correct. what is your idea in my opinion is not wrong, but can you be that sure with your predictions? what if after the merger there was a massive purchase, I don't think it is appropriate to sell it now, moreover there is no movement at this time when the day of the merger is approaching. there is usually a boom before the price plunges. this in my opinion.

antsam

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Just do what you want to do with your money, the form of investment you choose is definitely your best choice, because DYOR always recommends it. For sure, don't be careless and don't just get hit by Fomo

bounceback

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

There is a possibility that after the merger there will be a massive sell-off that will occur because at this time it seems that some investors are buying ETH coins to participate in the event, so there is a possibility that it will happen but we better see first how the ETH coin price moves after the merger and if later there are signs of a decrease in price then sell immediately.

crunck

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Quote from: libert19 on September 10, 2022, 11:35:48 PM

Sounds good idea all around - always a good idea to sell before major upgrade, and buy soon after if you are going to accumulate long term. Ether seems good for long term anyhow.

Everything will be great if it turns out the way we think it should, but if it doesn't turn out the way we think, ethereum will not decrease and will increase continuously, we not only no longer have the opportunity to buy at low price, but also lose part of the profit. Everything is very unpredictable so it is impossible to say that it will decrease immediately after the merger event ends.

Beparanf

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

This make sense if you can sell on profit after the merge since traders is buying ETH lately when merge announced. There's really a chance that there might be a sell off happened but that's not guaranteed because there's a chance too that the price will pump more once the merge effect is good on Ethereum ecosystem.

Taking profit is the best thing to do if you are uncertain with the market. Avoid being FOMO after you sell so that your judgement will not be clouded when you are buying back again.

traderethereum

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

That's a good plan but I recommend seeing what happens next because we all don't know if there will be a big sale or if the price will stay at the current price.
Indeed many say that the price could rise high after the merger, which is speculation from the people.
I'm curious if you have bought ethereum, bitcoin, and other coins because they are still at a low price.
And hopefully, you can still be patient, waiting for the price to increase.

Tony116

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Quote from: Trx3 on September 10, 2022, 12:51:00 PM

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.

It is a good idea to sell them if you are confident in your thinking about them, but only if you are certain that a profit will be made. Once you are confident with your decision you should move on because when you asked above I think you will be confused by various advices. I'm not saying everyone's advice is bad, but just listen to people's advice when you're not sure about something. Once you are sure, you should confidently follow your decision.

Wexnident

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Well yea if a sell-off is going to happen, then selling it first then buying when it goes down would naturally be a no-brainer move. It's a simple idea and most traders follow the same idea imo, but the problem here is that it's hard to identify whether a sell-off is indeed going to happen or not. If you 100% believe that it's going to happen then feel free to do so. If it were me though I'd split the part I'd buy and leave another part to hodl just in case, profits are minimized but the same could be said to the risks I'd take.

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