Bitcoin Forum

should i change all my btc to eth. to trade?

Why not trade bitcoin ? if you can't make money trading BTC , you will not make money trading ETH or any other currency , trading is not gambling  . You need to have a good trading strategy , a good risk management = ratio risk/reward

Imo both are very risky investments but btc is safer and has just as much potential upside. Personally I think the whole crypto market is overvalued at the moment though. That being said, I'm bullish long term.

thank for your rep. <3

And for what reason? They are both tradable you will just waste your time if you do that, and in fact the majority of exchange sites volume is higher with btc than eth so why trade your btc to eth if you are going to trade it for another coin too so that was senseless.

thank you. i'll save my btc anyway :D

Doing this at the time of an all time high probably would just increase your risk. ETH started with a presale where 2k ETH would go on sale for one bitcoin. Obviously the speculative bubble has pushed its price further than that but it certainly wouldn't last forever.

I love when people ask questions like this without giving any context or information whatsoever. How can we help you make this decision without knowing for what purpose you're using crypto-currency, or why you're having this thought in the first place. I don't know, I'll give you the short answer since you gave the short question.

No.

There are many good altcoins.  Ethereum is not one of them.

High and rising transaction fees, centralisation happening rapidly, developers are bastards...

It feels like a good concept but they're not implementing it well.  If you want a good altcoin, buy ETC or one of many others (Byteball or IOTA for example).

If I were you I'd hold BTC long term, others are mainly short term investments.

You don't have to do that, for trade use only 60% to buy eth, not all. BTC and ETH have different market & pattern, you can make profit with them. Never buy only one coin, unless you have a lot of money and use long time period strategy. But if you're only day trader, just split your money with some coins. I believe eth price action make you interesting to buy it, but this is real market, no one knows the price tomorrow. We can only predict and do some discipline strategy to make profit. Be careful with your money and good luck.

Oh, I never thought someday I am going to see ETH overshadowing BTC but here we are today. Due to steep rise in BTC fees and increased ICOs in terms of ETH, ETH present demand is more than BTC. I think trend going to be same for next few months too as there are some strong icos going out.
So I will suggest you to change BTC in ETH and enjoy conditional profits.

I'm at the point where I prefer to invest 75% ETH and 25% BTC, but the only problem is that still BTC is needed to buy most altcoins. Once ETH becomes a base-coin in all the exchanges, then ETH will skyrocket even more.

The only scenario where I could see Ethereum being useful at the moment is investing into ICOs. Developers are no longer making coins from scratch, instead they are using ETH to make the ERC20 Tokens and most of the time, these ICOs only accept Ethereum because It makes the developers job kinda easier If they ever need to distribute dividends or something for example. A part from that, I would suggest holding bitcoin for the long term, just because Ethereum is increasing right now, doesn't mean It's going to reach the moon.

Worst decision one can ever make. Why are you asking? Are you afraid of Aug1 event? If so, you better sell your coins for FIAT because if things go bad, ETH will also have some losses.  

Can you make any money by switching to eth? Who knows, maybe. If i were to change horses, I would get monero instead of eth.

Eth is incredibly shady and most of its supply was premined. Only a handful of eth was actually mined. That raises serious suspicions about its trustworthiness and I don't invest my hard earned money in something I don't trust.

I personally would not do that,i would instead mine ETH than invest in it.At the end everyone wants to hold bitcoin and that is the truth,we have hundreds on alt coins but in the end everyone will be converting it to bitcoin and that is my thought process as i do not see any long term incentives in all the other coins.

If you are a short term trader then you can convert your BTC to any successful coin to start buying and selling for the profit and if you are thinking to convert your bitcoin in ethereum for longer time and want to leave bitcoin for earning and adopt ethereum for profit then you will leave a strongest crypto currency for a relative weaker currency.

but i think in current position short term investment can be more risky as compare to long term investment, for short term investment you must have good experience, and if you do not have any experience in short term investment then it is more risky and you can even lose your own investment, because some time the price fell down and in such situation you have to take a quick decision and you can take a quick decision if you have good experience there in short term investment.

I think you can trade all the currency you need to consider the profit of it gives you

thank for all advice. i'll keep that in mind. <3

No way.
btc to eth? Never do that. Don't trade over eth. It's not worthy. The least you can do is invest eth.

If I see the progress, you better hold Btc, because I think Btc is clearly visible in the future development. Not for Eth because this does not guarantee you in the future, you have to invest in Altcoin in Bittrex trading, because I see Btc is now down and I see Altcoin go up, maybe if you start trading then it will get better profit for your Btc. Increased.

IMO they both don't guarantee the good future but then again it is the best we have for now. Bitcoin is too static, unflexible and so unable to fulfil upcoming demands. The biggest problem for now is trasnactions. And, if I am not mistaken, if Segwit gets implemented, at first transaction will proceed even slower.
As for ethereum - we all know it must switch to pos, or otherwise it will crush.

Eth is not the second best. It is not even in the first 20. If eth stays as PoW it will crash, if it changes to PoS then there won't be a cap on supply. > Infinite supply with a constant inflation rate = online fiat. That yearly inflation rate can be changed to whatever Vitaliq feels. No immutability = shit

There are only two alternatives to bitcoin,

1st: litecoin (which can end up like bitcoin in the long run)
2nd: monero - has no weaknesses

What do you think until you want to switch from btc to etc? You should not be too hooked to switch to etc, many of the advantages contained in btc you may not know that ???

Bible should perish in some time but eth has proved to be stable so it contradicts your postulate.

Both ways are good, why not trading bitcoin to usd and bitcoin to etherum (vise versa both), on one side you increase the bitcoin volume trading in fiat, the rate has changed these days but in eth/btc the rates has not changed too much comparing the difference in fiat. I think they go together, when bitcoin price gets high the eth gets high too, I have been watching both of them for a time and things were going similar to each.

In my opinion, the best way to earn a profit and avoid losing is to hold both of these coins. Bitcoin and ethereum are both great coin and they will exist on this world for another 50 years in the top 10. Therefore, dont sell either bitcoin or ethereum

I did, because i think ETH has more potential than BTC. I used to have BTC as my main coin, that i would send throughout exchanges and store it on a wallet, but i have changed that to ETH now. But still, sometimes you need to go back to BTC, because most markets are still of the type "X / BTC". But what i keep as safe profits is stored as ETH.

I have a question for you, And what will happend if "the flippening become real in the future" What are you doing? Remember the ico price of ethereum is $0.002. Ethereum already given the reight return for the investors. It can be determined as another good choice from bitcoin itself.