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Topic: time to change BTC to ETH? (Read 3391 times)

hero member
Activity: 938
Merit: 576
October 03, 2019, 03:23:29 PM
I want to be honest on this , ETH is low from the ATH by 9X and BTC is low by 2.5X , so if we are thinking that the market is going back to the ATH ( this is what i believe by the way ), it's better to invest in ETH than BTC, when BTC increase by 10 %, ETH increase by 20% , but most of the investors can see that because the ETH price still a 3 figures , but here is the thing ETH went up from $150 to $200 , its like BTC moving from $15 000 to $20 000 ATH , well thats Huge , but most of us don't feel it.

but here is the thing , you are making a profit if you invest in ETH, and also in BTC.
and the most important thing for you to enjoy that profit: your wallet keys, you know "Not Your Keys, Not Your Coins".
newbie
Activity: 25
Merit: 3
October 03, 2019, 02:55:25 PM
Maybe it's a good time to change to ETH in the coming months.
I've made a analysis on ETH for a longer trend and that you possibly can increase your BTC holdings swing trading.

Check it here: https://youtu.be/GCmPUHdNVM4
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 03, 2019, 02:52:55 PM
ETH is now in an extremely low position. How good is the idea to buy it now?

I don't know why you have a title like that,
Quote
time to change BTC to ETH?
you never convert your Bitcoin to Eth or your Ethereum to Bitcoin, there's no logic on that, this is the top two coins in the market, any changes in the market will show the impact on these two coins because this is two most-watched coins in the market.
I always tell my friends to always have these two coins as their main portfolio how the these two coins perform will always have an impact in the market.

True! Both btc and eth are co-related in terms of market behavior. Except any strong market indicators, both btc and eth generally moves in same directions. When one is bullish, other is bullish too and vice-versa. So there is no point shifting between these two really.
They are correlated that is true but all the markets are correlated in some way or form to bitcoin, the question is if there is enough difference between the movements of each coin to guarantee profits if you have a successful trading strategy? And the answer to that is yes, there is enough difference to make profits by converting your coins from ETH to BTC and from BTC to ETH, some may wonder why you would want to do that and this is done to try to get more bitcoin than what you had at the beginning.

For example if you invested one bitcoin and bought 50 ETH with it at a price of 0.02BTC for each ETH and then ETH went up in price and you sold each ETH for 0.04BTC now you got two bitcoins instead of one.
hero member
Activity: 2114
Merit: 619
October 01, 2019, 06:33:21 AM
ETH is now in an extremely low position. How good is the idea to buy it now?
I think the whole market is in extremely low position. ETH is still 15% of its All time high. See some other coins like NEO which is just 5% from it's all time high or even XRP 8% from its All time high. But the problem is that no one is going to buy them until they start generating some utility or there is another december 2017. We now have over 2915 cryptocurrencies and most of them are less than 3-4% of their All time high and this is not because market is down it's because they are useless piece of codes. ETH has proven a bit useful but it still not worth a buy as of now.
Based on my Technical Analysis on a 4 hour time frame the price of ethereum has been showing a good sign of recovery the sentiment of the price is turning bullish a rallying point for buyers coupled with the fact that price repeat itself historically the bouncing back of eth is imminent I would rather buy now and hodl before it pumps to the next support based on it volatilty.
Can you please share your chart of your Analysis I feel that the daily chart too looks great with a MACD crossover just about to happen from below of the histogram this means that it could be pumped at any time from now. So I think ETH could go upto $200 from here. Moreover this is a technical approach not a long term advice to buy ETH is still not worth buying for long term as of now.
hero member
Activity: 882
Merit: 518
October 01, 2019, 05:34:56 AM
Based on my Technical Analysis on a 4 hour time frame the price of ethereum has been showing a good sign of recovery the sentiment of the price is turning bullish a rallying point for buyers coupled with the fact that price repeat itself historically the bouncing back of eth is imminent I would rather buy now and hodl before it pumps to the next support based on it volatilty.
I believe that bitcoin will go up in price before the upcoming halving of 2020. According to a long tradition, it can pull up ETH and other altcoins in 2x or even 3x. Although the last pump of the main gold crypto coin just testified to another phenomenon: a record hash of 104 EH/s (according to the Smartbit portal) and almost achieving 70% dominance in the crypto market. Draw conclusions what to buy for 2020.
sr. member
Activity: 1036
Merit: 329
October 01, 2019, 04:56:05 AM
ETH is now in an extremely low position. How good is the idea to buy it now?

I think the Ethereum price is very cheap compared to bitcoin. Ethereum price is less volatile, less riskier for investors compared to bitcoin. Ethereum is the second largest cryptocurrency after bitcoin which makes it a very good investment option too.
Less volatile  seriuosly? From  almost $1500 ATH now is only 170$  look at the difference. BTC is almost 20k$ in ATH  and the price right now is 8k$.  around 60% lost unlike ETH that morethan 500% lost from ATH and you are telling me less volatile.
member
Activity: 168
Merit: 10
September 30, 2019, 01:03:58 PM
ETH is now in an extremely low position. How good is the idea to buy it now?

I think the Ethereum price is very cheap compared to bitcoin. Ethereum price is less volatile, less riskier for investors compared to bitcoin. Ethereum is the second largest cryptocurrency after bitcoin which makes it a very good investment option too.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
September 30, 2019, 12:54:46 PM
Based on my Technical Analysis on a 4 hour time frame the price of ethereum has been showing a good sign of recovery the sentiment of the price is turning bullish a rallying point for buyers coupled with the fact that price repeat itself historically the bouncing back of eth is imminent I would rather buy now and hodl before it pumps to the next support based on it volatilty.
hero member
Activity: 1834
Merit: 523
September 30, 2019, 08:20:39 AM
Position is different to the price and for sure the only low to ethereum is the value not the rank because it's rank in CMC still high and potential is still there. Because of the ethereum low price happened right now it's better to grab this opportunity to have a lot fo ethereum because a trader can get abunch of ether because the value is lower than the last few months and it is the right time to hold but you do not need to give up the bitcoin maybe add ethereum more is the best option.
full member
Activity: 409
Merit: 100
September 29, 2019, 06:45:48 AM
ETH is now in an extremely low position. How good is the idea to buy it now?

Bitcoin's price drop here is Ethereum's turnover at a market rate of around 171 $ according to https://coinmarketcap.com/currencies/ethereum/ I still don't see him as a good buy because I can tell He is still in the low market price, so it's okay to buy now, then just buy hold.
sr. member
Activity: 1188
Merit: 251
September 29, 2019, 06:05:27 AM
Both are good investment and bitcoin went down a bit, and recently had been moving up and down. So I think switching from BTC to ETH or vice versa is not a good idea. If both are in a good buy price try buying small portion of each and hold. We are in a crypto market situation were patient investors gets rewarded.
I think if you do both then you will only make yourself lose because if the price of these two coins falls then the loss you get will be very much, my advice is better to save the assets that you have in the form of bitcoin to be safer and the risk of small losses.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
September 29, 2019, 05:43:33 AM
Both are good investment and bitcoin went down a bit, and recently had been moving up and down. So I think switching from BTC to ETH or vice versa is not a good idea. If both are in a good buy price try buying small portion of each and hold. We are in a crypto market situation were patient investors gets rewarded.
hero member
Activity: 1470
Merit: 509
September 29, 2019, 05:16:18 AM
Yes, when bitcoin price got down and this time eth down so huge but i am interested in bitcoin and i was holding some bitcoin for a long time.
When we get any negative feedback from any country or organization this time crypto coin that means bitcoin and eth price down so huge so this time is the best for buy and crypto but always focus on bitcoin trend otherwise you lost money.
Replacing BTC to ETH and opposite is not right. Why should we compare the 2 most important coins on the market? If BTC's market dominance is over 60%, keeping it instead of selling would be better preference. Even the ETH itself dropped by around 20% due to the BTC's price fell. The choice is yours, but instead of changing them against each other, hold both.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
September 29, 2019, 04:48:10 AM
ETH is now in an extremely low position. How good is the idea to buy it now?
We have different idea in terms of buying cryptocurrency. Based on the title topic why you should change your bitcoin into ethereum if you can buy both of them at the same time. For me both of them are great coins and it seems this two cryptocurrency will last for many years and talking about low position there are time that they will face this kind of position but there is nothing to worry.
hero member
Activity: 966
Merit: 500
September 28, 2019, 01:10:26 PM
I think ETH has much more potential upside than Bitcoin because Bitcoin is already ahead of the game and when people put their money into the market, they will put more money into altcoins like ETH, etc. also when you compare the peak of the previous bold runs, etah is down significantly more than Bitcoin relatively.
sr. member
Activity: 910
Merit: 254
September 28, 2019, 12:07:57 PM
ETH is now in an extremely low position. How good is the idea to buy it now?

I don't know why you have a title like that,
Quote
time to change BTC to ETH?
you never convert your Bitcoin to Eth or your Ethereum to Bitcoin, there's no logic on that, this is the top two coins in the market, any changes in the market will show the impact on these two coins because this is two most-watched coins in the market.
I always tell my friends to always have these two coins as their main portfolio how the these two coins perform will always have an impact in the market.

True! Both btc and eth are co-related in terms of market behavior. Except any strong market indicators, both btc and eth generally moves in same directions. When one is bullish, other is bullish too and vice-versa. So there is no point shifting between these two really.
sr. member
Activity: 489
Merit: 250
September 28, 2019, 11:24:55 AM
I think it is possible that we will see Ethereum at an even lower price. It will fall after Bitcoin, and then everything will be even worse.
Bitcoin can begin to grow, as a result of which Ethereum will drop several more positions before starting to grow. I think it's worth waiting a little longer before buying.
It is an unwise decision to change bitcoin to eth when we know how bitcoin has been dominating the market for a long time now and recently I heard that the dominance of bitcoin has reached 90% which is quite very high and it shows that majority of cryptocurrency users have embraced bitcoin more than the altcoins, which means bitcoin is still the one that will be witnessing the major increase from now on.

I don’t see much sense in actually changing bitcoin to Ethereum when we can just have both system and don’t also forget that most altcoins don’t rise except bitcoin rises, so even if you change your btc to Ethereum, you may still not get that profit until bitcoin bull run starts and them makes the prices of these coins to start increasing.

you make good point i also changed my minds i was thanked to exchange my btc to eth i thought if eth pump hard i cn doubled my btc.but if btc dominance go so high eth can be dumped seriously so i changed my mind and waiting for btc pump
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
September 28, 2019, 11:23:52 AM
ETH is now in an extremely low position. How good is the idea to buy it now?

I don't know why you have a title like that,
Quote
time to change BTC to ETH?
you never convert your Bitcoin to Eth or your Ethereum to Bitcoin, there's no logic on that, this is the top two coins in the market, any changes in the market will show the impact on these two coins because this is two most-watched coins in the market.
I always tell my friends to always have these two coins as their main portfolio how the these two coins perform will always have an impact in the market.
legendary
Activity: 2100
Merit: 1058
September 28, 2019, 11:02:20 AM
I think it is possible that we will see Ethereum at an even lower price. It will fall after Bitcoin, and then everything will be even worse.
Bitcoin can begin to grow, as a result of which Ethereum will drop several more positions before starting to grow. I think it's worth waiting a little longer before buying.
It is an unwise decision to change bitcoin to eth when we know how bitcoin has been dominating the market for a long time now and recently I heard that the dominance of bitcoin has reached 90% which is quite very high and it shows that majority of cryptocurrency users have embraced bitcoin more than the altcoins, which means bitcoin is still the one that will be witnessing the major increase from now on.

I don’t see much sense in actually changing bitcoin to Ethereum when we can just have both system and don’t also forget that most altcoins don’t rise except bitcoin rises, so even if you change your btc to Ethereum, you may still not get that profit until bitcoin bull run starts and them makes the prices of these coins to start increasing.
legendary
Activity: 1946
Merit: 1137
September 28, 2019, 05:49:21 AM
I think that is bad idea to change BTC to ETH. BTC is the best coin and the percentage to make profit is also greater than ETH, i don't know why anyone has an idea for change BTC to ETH.
Investing bitcoins into ethereum with the hope of making more profits is such a stupid idea but if someone wants to invest cryptos with their fiat savings then this could be the time since price of ethereum fell further more due to the dump of overall crypto market.
If people see that ETH is more profitable than BTC so they can do this but I guess it’s much better to invest your flat in buying ETH than using your BTC. I hope after specific time it will be pump in market for ETH then we can trade it but bitcoin is itself best coin to keep holding will be much better than changing.
Ethereum is good coin but it never more profitable as bitcoin until now,even in 2019 bitcoin managed to climb $13,000 from $3000 but ethereum got stuck into same price region even in bullish trend as well but it starts to bleed every time when bitcoin falls so it highly depends on the bitcoin growth that's why better to invest on bitcoin than ethereum.

nah, if you take a quick look at the ethereum charts for this year (9-10 months) you can see that it could not even keep the same price thoroughout the year. as a matter of fact ethereum has been going down this whole year.
fiat-wise it had a short pump but overall it has dropped from being worth $245 at the beginning of this year (2019) down to the current price at $162.
additionally it goes down whenever bitcoin goes up, like all the other altcoins. for example when bitcoin started shooting up from $3100, ethereum lost about 30% of its value as everyone dumped it.
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