Topic: This makes sense or not? - page 4. (Read 523 times)
"I believe there will be a massive sell off" can you please tell us what are the reasons that you think there will be a massive sell-off after the merge? Because I think there will be not much price drop after merge.
I don't know, for me, it seems unwise to do all in, whether it's buying or selling. It will always be safe to do a DCA (dollar-cost averaging) to be able to manage your profits and loss better instead of buying or selling at one blow. However, if you decide something after some consideration and you're sure it will give you profits, then go for it. As a newbie, I suggest you not be greedy, cause actually, the crypto world is really unpredictable, what you think will happen sometimes won't happen as we want. But if you are actually ready with the consequences, I think it's really great chance.
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.
What comes up always comes down. Of course, it makes sense and that's what they call taking a profit. We are just not very sure whether the price could right away plunge so you better just read the TA well. Or you miss a bigger profit if this triggers the bull run because everybody seems to have prophesized we are at the bottom already.
If you have a reliable source that there'll be a massive sell-off, then it's a no-brainer that it's a good move. You're already ahead of everyone in the information game and all you need to do is be great on execution. However I find it hard to believe that people will be selling their bags after the merge. It could even be a reason for people to FOMO and buy everything that they can get their hands on. At this point, everything is speculation and guesswork, and I wouldn't really bet too hard on your info right now.
agree with this one eth price for now is remain stable, and bull in yesterday market. usually news like merge or fork is give bull because its kind of good news well its for me tho.
and according this binance will support of potential ethPow fork that give ratio 1:1 why sell now if you can another coin for free https://www.bnbchain.org/en/blog/binance-will-support-potential-eth-fork-via-eth-pow-airdrop-on-bnb-chain/
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.
Be careful, sell off could happen anytime like before the event. It could be "Buy the news, sell the rumors".It's very difficult, The Merge even is one of the biggest event in cryptocurrency market right now, it's not only for Ethereum but even on Bitcoin and other altcoins.
We need also to wait the result of The Merge, if everything will be done or some issue, we don't know.
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.
Much better if you read the whole context about the upcoming merge so that you will get enlightened and will not be fud by people who want to made fun on situation them scare those people who don't do a research. And also its up for you to decide what's best for you since if the merge gives you stress then sell it off since peace of mind is more important rather than getting afraid on certain situation.
that doesn't even make sense. The main purpose of ethereum merge to fix the total supply that is still remain unlimited and how can you call that as a thing to trigger massive sell off? People are thinking to hold their ethereum in their wallet. They have more ability to stake their ethereum to get passive income as well. As a miner and you shall move to the another coin like etc and leaving ethereum but are you sure wanna selling whole of your ethereum to buy at the bottom price?
You must remember that your prediction was not actually true and it's being determined by the market itself but you must see fundamentally how good ethereum merge is.
You must remember that your prediction was not actually true and it's being determined by the market itself but you must see fundamentally how good ethereum merge is.
There is already a known counterpart to this method. Buy the rumor sell the news. Rumor: With Merge, Ethereum will become a more valuable network. News: Merge moment.
Especially in airdrops and similar events, prices start to show a downward trend before the event. If you expect a decline after Merge, you may consider making the sale earlier, because people with similar expectations may take action before you do. Please do not take my comments as investment advice. Also, you can see what happened at previous big events by examining the graphs. Thus, you can make a more accurate decision. I wish you good luck.
Especially in airdrops and similar events, prices start to show a downward trend before the event. If you expect a decline after Merge, you may consider making the sale earlier, because people with similar expectations may take action before you do. Please do not take my comments as investment advice. Also, you can see what happened at previous big events by examining the graphs. Thus, you can make a more accurate decision. I wish you good luck.
I can't say if it makes sense or not because what you are trying to say doesn't have any proof or a good source that there will be a massive sell of after the merge. If you really wanted to do that then I think you should continue what you are planning to do since it's you who will decide what to do and we are only giving you an idea or advise if it makes sense or not. I would also say that it is very unpredictable even if there's a merge that will happen soon.
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 makes sense and that's the usual trading that we do.If you see that you're in that much profit and you're analyzing that there's a sell off after the merge then just do it. It is your plan and that's what you can see.
You don't need for others validation to say that you're doing the right thing because it really is the typical action in trading.
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 you have made a deep research about the topic and you know that you are a profitable trader and this is what your system is telling you to do then you need to follow whatever conclusions you have come up with, just make sure that in the case your prediction is wrong you can reduce your losses as much as possible, because that is the main difference between the traders that really become successful and those that have short term success but later on they are unable to keep up with that success and lose their money instead. 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.
^ Unpredictable, that is all I can say. But here is my advice if I were you, sell all your altcoins and convert them into BTC, for sure if there is a massive sell it is easy for you to divert into a stablecoin that can avoid losses but if you prefer holding into a long term don't mind of what I have said to you.
It is hard to have a prediction now, I don't have also any idea about merging ETH, but bare in your mind holding in long term is safe than selling at an early stage. If you made a decision, don't regret it because nobody knows what will happen in the future but it is also worth it to try with a small amount that you can afford if you really believed it.
It's all guesswork and there are always two opposite directions. Short-term investors who bought ethereum at $950 during the recent drop will likely sell some for some profit after this merger, as they expect ethereum to rise but there are also some people waiting to buy because there will be many like you who believe there will be a dumping of ethereum. If you are a long-term investor, you should ignore this event, in my opinion there will be volatility, up and down is uncertain, but there will not be too big volatility.
I personally don't have any idea on what might happen after the merge. There are speculations about it over the internet but we don't know what will exactly happen. I have some coins in Eth chain and other chains but I don't have any plan in selling those off since I plan to hold it for a long time. Though if you think that there will be a massive sell of then go, believe in your strategy.
If you have a reliable source that there'll be a massive sell-off, then it's a no-brainer that it's a good move. You're already ahead of everyone in the information game and all you need to do is be great on execution. However I find it hard to believe that people will be selling their bags after the merge. It could even be a reason for people to FOMO and buy everything that they can get their hands on. At this point, everything is speculation and guesswork, and I wouldn't really bet too hard on your info right now.
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.
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.
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