Bitcoin Forum

Would you guys say this is a good idea?  Say someone has 10 BTC.  If you swap it for ETH, you can get around 135 ETH at the moment.  ETH is around 200 dollars.  And because its 200 dollars, well doesnt it have a better chance of going higher than bitcoin in terms of doubling your money or more?  I mean is it easier/harder for bitcoin to double right now... or ETH to double right now?  I would say ETH because the amount is much less.  Now imagine with 135 ETH, ETH goes to 1000 or 2000 dollars a coin.  That would be lot of profit.  Of course if you have extra money on the side, you could just buy ETH.  But if you are low in funds, is this good/bad idea?

Eth could go $1000 just as it could go $40 when the next bug will be exploited. So you'd really just increase your risk. Might as well invest in lesser projects with higher risks.

I'm not much of a trader but I'd stay away from going all in on Eth. I would even argue not to invest in it at all, but that would be based on personal preference and not trading experience.

@viking02. Do not do that. It is like trading all your United States Dollar savings to a lower valued currency like the Mexican Pesos. Ethereum's high value will not last for another 5 years but Bitcoin will still be at the top of all the cryptospace.

Terrible idea.

Just like with stocks, you are better off diversifying your investments to hedge against loss.

I think would blow away now because of the super dumps happen almost 120% decrease happened now in Ethereum (ETH) and just seeing that there's a dump would happen more in august 1 big drama would happen

I've both BTC and ETH and just holding both. Both these are top coins for long-term.

I think you can finds other coins better than ethereum, more bugs will be exploited for sure but we don't know how big it will be. %50 ethereum, %30 bitcoin and %20 other coins may be good for you.

If trading with big bankroll i prefer to trading BTC like has 10 BTC or 135 ETH because the price of bitcoin is stable although slightly fluctuating. But if trading with low fund i prefer to choice ETH because if trading with low funds with BTC will earn low profits.

Do you think someone trading their btc for altcoins that are like 10 dollars and under an even better idea or worst than this idea?

As per my opinion: I would say if you have 10 BTC get your free 10 BCC first as its no brainer to lose these free coins.

After that If I was you, I will see at what price I bought my BTC, anything above 2300 and I will think of converting it to USDT immediately after Fork and wait to see how low BTC/ETH goes to decide on which one to invest more.
ETH is long term project, its like China taking away US dominance (BTC) in Trade and Business. Slowly but definitely. Now this BCC thing is Trump which is causing temporary haywire in the US dominance.
After dust settle, BTC will go stronger and so does ETH. 50% plus new projects are based on ETH platform. So defintely ETH is not going anywhere soon.

In mean time you can also invest in some cheap Alt's like Wave, Stratis, BAT, Neo, Golem, Ardor etc. to get quick profits as Alt will skyrocket again with BTC price.

But if I bought BTC very cheap say below 1800 USD, then I will keep them safe as no point is selling them as BTC will rise very fast and it will be expensive again arnd 2500 USD after mid august.

Your predict is possible, but remember not have bearish or bullish trend can alive forever. And the crypto market in current are going to last time of bearish trend in summer time. So, don't miss the final opportunity for buying crypto with cheap price ;)

I will give the best suggestion for you, Just try to put your btc to get free bcc and dump all of your bcc to the market and try to buy ethereum as a better portfolio rather than BCC. So that means you are playing in the safe zone and don't worry about that mare. It looks a good decision.

The exchangers will stay closed 1 day after 1 august.
how can you know it won't go down 2200 or 2300 in 1 day?

OP really has a good point, and thats what I think too. I believe Ethereum has a lot of potential or chance of getting much higher profit than bitcoin with its current value. That is why I hold on to both coins because I think both of them have bigger chances, bitcoin might increase a couple of years from now like how many percent from its current price now and the same goes with Ethereum too in a few years from now. It's just that Ethereum has a lower value now because bitcoin was here first, there's no doubt about that.

best one is going to fiat.

hold your usd until 2 august. and you can take after 2 august. in my opinoin btc wil down to 2000usd  again in 1 august.

if you are a gambler then by all means, do it. because investing in ethereum right now is more than a gamble. i actually suggest signing up on a dice site like bitsler and rolling the dice on 50% chance with your 10BTC in that case you will have a much bigger chance of profiting than investing in ethereum and hoping for it to not get dumped on you.

you see there was a time when ETH was cheap and rise was a sure thing. but that time is long gone. now is the time to get out before the ICO token holders start dumping.

Its risky . Its better to have 35-70% on it. Although Eth got promising features it got a better platform and there are lot of ICO built on it.

That's right, ETH is a low value, it's easy for anyone who wants to invest, but with bitcoin, a very high value, if you want to invest in it, you need a huge amount of money, or say clearly, it's for the rich.

No, the future of ethereum will not be related to the all of the icos project already run in that ecosystem but the more updates and network improvement such as Pos that has included on the metropolis update. That gives the fixed supply for ethereum. The miners can't dump it in the market again.

Really bad idea. Bitcoin has no competitors at all. Look at BCC and LTC, they can not compete with BTC

While Ethereum has strong rivals such as Waves, ETC, NEO etc.

Bitcoin is the King at the end.

There must be a strong share of BTC always in your portfolio

Yes, it is not a wise decision to keep all your eggs in one basket. The one best option is we have to diversify our investment portfolio into different sectors which will give a lot of returns in future. ETH will give profits to you but make a little on it.

Bitcoin and ethereum both good investment and this two is good for longterm . Dont trade all your bitcoin in ethereum because we dont know if bitcoin decrease . But if you wwnt to trade just make sure you not all invest only 50 percent .

Personally I wouldn't even put 10% into Ethereum but each to their own.
Now that Bitcoin is getting Segwit it can start to seriously evolve.
Watch some of the videos with the Rootstock team (eg Sergio Lerner) on Youtube and see what's coming.
I was blown away.

In my opinion, i would put 20% on eth, 30% on xmr, 20% on siacoin, and 30% in waves. that is a profitable porfolio with good and solid coins, guaranteed profit in a few months.

Both btc and ethereum is nice investment which offer profit in the long run. Yes you are right this is also good for a longterm investment. It is best not to put all your investment in one cryptocurrency only, it is good if you invest in other cryptocurrency that offer also profit.

I wouldn't necessarily put my money into those coins or in those ratios but you are right that generally diversification gives you a more stable return.

The only problem with diversification though is that it's hard to hit it big since your profits will be much less than if you had gone all in.

Some days these waves are incredible, I'm sure waves will be the next ETH (few months the price will reach at least 2 digits), this is a good time to keep buying Waves.

Good movement, the good situation right now is to buy BTC and get a free BCC. Nothing better than free. You will sell it on the spot. Very profitable.

I really have my doubts about this "free" BCC incoming, let's wait and found out how things gonna perform after the fork.

I won't trade BTC for Ethereum but I would invest in Ethereum instead of trading all of my bitcoin earnings. Bitcoin still has a lot to offer after the split and Ethereum does too and both have different ways of progressing in the future.

He can buy the ETH with bitcoin. When the bitcoin is forked and in trouble, he can buy bitcoin back.

You shouldn't do that to invest all of your money to ETH cuz you wouldn't know ETH price in the future and it might better to split it rather than invest all of your money. Though, ETH has a good potential to rise again it's ridiculous to give all of your asset just for ETH. Invest you can afford to lose.

If you 10 bitcoin in your wallet its better to dont convert all in ether . For example convert 5 bitcoin to ether. And other 5 bitcoin for longterm . Because ethereum and bitcoin is both good coin and I believe it will increase more. Even bitcoin price have possible to decrease its okay because you had a chance to buy more bitcoin and for sure it will increase again after a couple of days or weeks.

It is prudent to just hold both patiently. Aug 1st FUD will be over and next crypto rally
will start.

The rally has already started. The ETH price is already 20% higher.

Current market cap for ETH is B$ ~21  and for ETH to reach 400$ mark, it should have double the current market cap which will be B$ ~42. I am very skeptical about it.  ::)
Max I think ETH can reach is 350-400 $ but not beyond that  :)

If there are more usage of the ETH, the price will be higher.

I think hold ETH is a good decision. We have many ICO coming and people still need ETH. Price 400$ is my next target

I don't think it is a good or wise idea to put everything in one basket, that's just my own point of view though knowing bitcoins price now and Ethereums price. I'd rather divide the coins and distribute them in both Ethereum and Bitcoin; in that way I would have lesser losses.

I think no. Bitcoin is the best, why bother exchanging it to a lower one ? I'm not saying that ethereum or eth is bad, my point is bitcoin is way better than eth. There's much of a difference between these two. Here at my place, most of the cryptocurrency earners exchange their eth to bitcoin because it much convenient here to transact with bitcoin. But the choice is still yours. If you have different perspective then you must consider that, if that's what you think is right. Decide wisely.

The BTC might fork into two further coins, that might damage investor confidence.