Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Gornidah on July 24, 2017, 07:53:56 PM



Title: Keep ETH, sell it to FIAT or convert it to BTC?
Post by: Gornidah on July 24, 2017, 07:53:56 PM
Hey guys,

I've been mining BTC for almost 2 years, but because of the Asic high price ( I'm from EU) I've moved to mining Altcoins (ETH).
I believe in BTC in long term, regarding ETH, I have my doubts, so, what you guys usually do, do you keep your ETH, sell it to FIAT or convert it to BTC?

Thanks for your thoughts!



Title: Re: Keep ETH, sell it to FIAT or convert it to BTC?
Post by: vectisitch on July 24, 2017, 08:35:36 PM
sell half and keep half.


Title: Re: Keep ETH, sell it to FIAT or convert it to BTC?
Post by: iamnoobplzhelp on July 24, 2017, 10:17:02 PM
Keep all the ETH! Use it instead of fiat for purchases/payments


Title: Re: Keep ETH, sell it to FIAT or convert it to BTC?
Post by: Undefined31415 on July 25, 2017, 04:09:35 PM
You're not alone in your concerns about ETH (note why ETC even exists), although I don't personally expect any major transaction reversals to occur in the foreseeable future. People have other concerns, but the way that the big DAO incident was handled was definitely controversial, and those who believe in "decentralized" currency may have seen it as setting a poor precedent.

It's generally a wise tip to diversify, and never store more value in cryptocurrencies than you could accept losing. Apologies for this rather generic advice, but it really ends up being a personal decision. (If you're looking for someone to decide that for you, the speculation subforums are probably what you're looking for. :P)



Title: Re: Keep ETH, sell it to FIAT or convert it to BTC?
Post by: Gornidah on July 25, 2017, 05:24:08 PM
Thanks guys for your opinions, I get the point, the idea its to diversify and not put all eggs in the same basket ;)