Bitcoin Forum

Should I get rid of Bitcoins and buy ETH

Buying ETH is a great idea but It's not already the time to get rid of bitcoins.
As bitcoin is still the leader and most valuable crypto, it is also a much more stable option for investing.
But I suggest everyone to narrow down their bitcoin holding below 50% of total investment as the era of bitcoin is collapsing slowly.

now all crypto assets are bleeding, it's time to buy it
Bitcoin is a long-term coin
and Ethereum will rise until January 19th in  with ETZ fork

I don't think it is a good idea. Also buying ETH is a good choice getting rid of your bitcoin is not. The price of bitcoin is very volatile yet still profitable. So I guess just sell some of your BTC for ETH, don't get rid all of your BTC.

You can buy ETH and store some BTC. I dont think that now are right moment to get rid of bitcoin. Up to now, bitcoin still is the most valueable cryptocurrency. I think you should get rid of bitcoin when its supply is 18.000.000 or higher.

The value of bitcoin has fallen considerably , but ETH has risen a lot, and I think it's time to sell ETH and buy BTC instead of BTC and buy ETH.

Buying more ethereum is always a good idea as it is currently extremely undervalued. As both a programming platform and cryptocurrency, it is a good long term buy. However, it is also a good short term investment because of the upcoming EtherZero hardfork on Jan. 19. Basically you get free EtherZero at a 1:1 ratio based on your current holdings of ethereum. Save some bitcoin but definitely get more ETH.

BTC might be dumping these days but its just temporary dip,well if you have the balls to trade BTC to ETH well its your choice,ETH is a good choice too jsut be careful when BTC moves again your eth would bleed.

You should get rid of bitcoins. you can just send them to me hahaha  ;D

But ok, I would go 50/50 BTC/ETH

Why? for what reason? If you can spend your portfolio on 50% BTC and 50% ETH, if not you 20% BTC 50% ETH and 30% other altcoins.

remeber bitcoin is like the GODFATHER  you wanna get rid of GODFATHER in place of bodyguard? nah i wont advise on that, no matter the amount of eth you have u still need bitcoin sell but not all

Although the popularity of bitcoin is gradually decreasing, it is not yet time to get rid of it completely. He can still show himself. Everything depends on whether its shortcomings, connected with the slowness and high cost of transactions, will be eliminated. In addition, at this time to withdraw funds from bitkoynov and expensive, and risky. Given the forthcoming fork ethereum, to get a new ETZ coin it would be nice to transfer some bitcoin to the ethereum, or invest its free funds in it. In any case, Ethereum will grow in price in the future.

Not likely.
If you want to get rid of bitcoin then I would suggest you to keep at least 20% of your funds in bitcoin and the others in ETH and any other too(optionally).
Personally I have a small amount in bitcoin, a small amount in eth and the other amount in other altcoins which I have invested months earlier, I see that you are more interested in ETH and I would recommend investing now even though the price has been increased too much recently but it is spoken that ETH will be switched to POS, and a hardwork/airdrop is coming so it would be a good idea to have the same amount in another altcoin too.

Etherum is never an alternative to bitcoin. It doesn't have much ability of ROI like the bitcoin. However, you can break up your bitcoin investment and place some buying ether. But whatever you do, don't ever quit bitcoin for ether if you must invest.

Bitcoin is still considered as the best crypto currency, therefore I think it's not wise to sell it now. The percentation for bitcoin to rise is still huge!

Maybe selling some portion of your bitcoin to invest in ethereum is the best idea. ETH is getting famous each day, and it's relatively safe to invest in

ethereum as well.

ETH is good, but bitcoin is what holds the Crypto community together. without BTC we won't have real store of value.

diversify on different coins, but still hold a percentage of BTC

ditto to that

Diversify so if BTC goes down, an altcoin may rise

You can buy ethereum and it can give good profits in future,but don't think this will be the end of bitcoin.People are keep telling bitcoin will be dead for longer time but still it is the most expensive crypto.
Soon bitcoin will recover from its fall and bitcoin has the ability to reach huge price in very short time.So it is just a price correction happening in bitcoin soon the price will rise.

You want to get rid of bitcoin, to get ETH but be sure to kindly do your analysis very well before going for it because selling bitcoin now would mean selling at a low value than what it was some weeks back abdbwiuld mean buying ETH at an high price at thus moment. My suggestion, rather than dumping your bitcoin for ETH, why don't you look for funds elsewhere maybe a fresh fiat or some other portfolio, then investbsuch in ETH with that, you have spread your risk to a large extent.

Diversification is the key for real success in Crypt World. You should at least maintain 3 types of altcoins in your portfolio. Don't put your all eggs in one basket it's to risky.

Why though? Depends on your goal to be honest. Whether you want to see short term gains, or long term gains. If you want to increase your share, then my suggestion is to invest some in ICO's. It's still too premature to get rid of bitcoins. It's still a great speculative coin. The market will pick up after the jan dip.

Either of the two will give you assurance that you wont lose a lot of money when the market crashes,these two are most solid coins out there.

Always have Bitcoins, Ethereum, fiat and whatever altcoins you like in your portfolio.  Never think of getting rid of Bitcoins.  Bitcoin is the KING. 

For me dont go all in in ethereum much better if you divide you fund into that two coins, Bitcoin and Ethereum, these two is the best coin in crypto currency, bitcoin experience big crash for a couple of days but not mean you should sell and buy other coin, if you are real supporters of bitcoin you will keep on holding you coin and instead of selling you will buy more bitcoin.

At such a cheap cost, on the contrary, you need to buy bitcoin. If you bought an etherium, when bitcoin cost 18-20 thousand dollars, that would be correct, and when it dropped by 50%, it would be unreasonable to sell it.

My advice, hold your Bitcoin maybe the price is down but keep in mind that other major cryptocurrencies have fallen significantly over the past 24 hours. Don't forget what happened last year when the price of Bitcoin fell.

I think that when bitcoin has such a big drop, it should be considering buying bitcoin instead of selling it, and now the price is too low.

I think is not a good idea at present because the price is low. Buying in different coins is a good idea and it is a more safe investing strategy. But at present, you had better buy in more coins and to sell them in the future.

Not a good idea to get rid of bitcoin for ETH, I think keeping both coins is highly recommended

choocing from these two ethereum and bitcoin is not a good idea, letting go with one of these two can make your life a very worst nightmare, but to choose them both to invest in is a very great idea you ever made in your whole life, why? because you can generate more profits from these two coin, don't get rid of bitcoin and only just invest in eth, I strongly recommended to you to make an investment from those both coin and I sure your profits become huge in the future. you gonna believe me. ;D

Better competently to distribute your investment package , leave in BTC . part to invest in the coins of the first class , some in coins which had not yet implemented their plans and who have huge potential

No , you needn't trade your bitcoins into ETH, both of them are good coins , you can hold them for long term.

Selling your BTC is not a good idea, why? Because it's the father/mother of all coins in the crypto currency world. You can probably sell a portion in exchange of ETH but you must not sell everything off because if there's chance that Bitcoin's going to rise up again you will surely regret it.

Buy both of them, you will never go wrong with both of these crypto. They are at the top right now. I would not go on just one of them just to balance my porfolio and lessen the risk I am taking.

Why would you ever get rid of the real deal? Yes, bitcoin is value for storage and will continue to serve this purpose for a long time. There may be other alts that may give better returns in short term, but long term bitcoin is here to stay. Can't say the same for ETH tbh.

Some people say that in 2018 the % rise of ethereum will be higher than the % rise of bitcoin. In my opinion ethereum indeed has more room to grow percentage wise than bitcoin, and what i would do is not having all my investment in one of them. I think that spreading it between the two should be the wiser decision.

Why would you even consider to exit Bitcoin now of all times?

Bitcoin literally just started rolling out its Lightning Network, which makes it the most efficient means of payment in the world.

I think this would not be a good choice. In my opinion, being patient is really important while the prices going or staying low. Of course ethereum is a really good coin, but I think Bitcoin is the best.

For the stability it is still wise to hold the investment in Bitcoin there's no sign of worrying cause the coins perform better same the rest of altcoins. But it would also better to diversify the portfolio by adding the Etheruem. Eth has lots of potential to the market it can challenge the number 1 position in near future.

for me its not a good idea to get rid of bitcoin and buy eth because bitcoin is unpredictable in my opinion hold your bitcoin wait for the right time but that depend on you we all are suggesting here

it is reasonable to do so if you are sure that bitcoin will fall and the ether will grow. but now the air is not so good growing. it's easier just to sell bitcoin in Fiat and wait. Because the ether can also fall.

Get rid of Bitcoin is not the right thing to do now. Ethereum is good , it is more stable and good for long term although. But you can diversify your investment and start hedging with these two. Bitcoin will be used for high gain and ethereum for stability.

Buy btc and eth because it's have different value and we can for that in holding it or do always buy and sell,I think it can happen that eth or btc are both good here in future of crypto so there's always a ways in btc and eth here in crypto to earn money and how to use it for your own good like to transfer money in other country.

This is sound advice. I am a big proponent of diversifying. Btc skyrocketed a few months ago and eth did nothing. Then the reverse happened.  Now both are kind of in limbo and no one know what will happen. So holding bot is safer than just holding one  8) 8)

 If you want to get rid of bitcoin now, then you are just a fool. Leave and do not touch bitcoin until the end of the year and you will receive income many times more than to exchange it now for other coins. Just be patient or even easier forget that you have it for a while.

Diversifying is always good but for the case of bitcoin and eth, equal percentage is not at all recommended. Because, fundamentally both are not competing each other. We can expect eth to crash down at any time as it is not having any business significance expect providing room for scammy ICOs. So, hoarding eth may lead to disasters at any time soon.

At the same time, investing into bitcoin may secure our future. We can see bitcoin prices to hit sky in coming years like million dollars also possible within next two years.

If you want to play it safe, just divide your Bitcoin into two or three big coins and then sit on them for a year or two and then see how it goes. You could also use a small portion of your BTC and keep that for investing in promising ICOS that might give you a really good short to medium return and grow your Bitcoin capital. I don't have much Bitcoin but I might use some of it to get into two or three good ICOS this month as my portfolio has stagnated a bit of late.

It really depend on how you view the future of bitcoins. Both coins did well in the past so there is nothing to worry if you switch to ETH. But still bitcoin holds the greatest value of the two coins. If I were you I will not sell all my BTC rather half of it will be invested in coins that I think will do good in 2018. and half of it will be stored and just hold on to it. I am sure BTC now is just undergoing price corrections. It will surely rise in the coming months. So there is still a good future for BTC.

don't just go and get rid of bitcoins. bitcoin is already there and many people are still on it since bitcoin is the main cryptocurrency. And slowly Ethereum got its fame steadily. Just remember to not put all your EGG in one BASKET.

according to me now is not the right time to get rid of bitcoins,the bitcoin price is quiet low and if you would do it now it would just be your loss.
also only convert if you have a sufficient amount of money else you would loose a lot in the exchange fee.
it is understandable that eth is growing popular and you want to invest but withdrawing all youre bitcoin money is not a wise choice.

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Its not the best time to sell your bitcoins because the price of bitcoin is very less. Keep holding them atleast for a year. They will give you huge profit in future. And if you want to invest in etherum then you can invest but not by selling your bitcoins.

Its your choice dude, bitcoin is on dump now and eth are still on nearly at its peak. You can also buy separate coin, half to remain in bitcoin and sell your half of bitcoin to purchase an altcoin. Just be patient and there always be a time for bitcoin to get back on track.

Bitcoin is volatile but still very profitable and the market is in the sea of red right now it's a good chance to buy more then hodl. Also getting fully rid of it is a bad idea because so far it is the best stable investment for asset and the leading crypto currency with a price value of $10k. You can just diversify your investment to ETH and leave the rest to btc.

no, you do not have to get rid of bitcoin. although today bitcoin is falling in price it actually makes you buy bitcoin in large quantities because in the next few months bitcoin will rise to the highest price. but buying eth is also necessary, eth is good for long and short term investment because eth price is always stable.

Still you can probably get away with hodling both.

BTC is unpredictable but it's probably definitely gonna go back to the original price.

I don't think bitcoin is done, and i know i wouldn't be selling my bitcoin at this price! But if you thin that's a good move then by all means, do what you feel is right man.

Very well said. You just diversify it properly or you will regret later spend on those coins will give you a big profit rather than one coin only. I hope you made a right decision.

You should keep what you have and if you have enough money, you can buy in  more eth.

I will say no.
I think you should buy more BTC instead of ETH.
Because governments are going to limit the ICO, so the demand of the ETH will decline, and the BTC acknowledged by governments, the price will go up, so buy now BTC is a wise choice.

You should purchase ETH, but please dont get rid of your Bitcoins, they will be more expensive very soon

Ethereum is holding out surprisingly well when everything is going down, so might be worth it.

I would not recommend you to get rid of Bitcoin. First, Bitcoin is the most stable coin. Second, Bitcoin has already $170 Billion market cap. Lastly, Lightning Network is on it's way to Bitcoin this will make the transactions more faster and lower fees.

You'll loose too much on commission, there's no point in that. If you can't avoid that idea just switch half of your bitcoins into Ethereum, not all of them.

I doin't think it's a good idea to dump bitcoins for ETH. Instead, HODL it and just invest on ETH too. They're both promising cryptos that can give you serious profit if you have the heart to HODL it.

I do not think that now is the right time to sell bitcoins. While there is a cryptocurrency world, bitcoin will be popular and will have value.

it looks like the bitcoin is currently dumping bitcoin due to its very drastic drop but in my opinion the bitcoin will return like.

Bitcoin can't be ignored as of now since Bitcoin is still as reliable as it can be but few more years I think the bubble will pop. Ethereum is a good choice since it has good backup companies and it's still rising even though many cryptocurrencies aren't holding these few days right now.

Just compare the charts of Bitcoin and Ethereum (https://coinmarketcap.com/currencies/bitcoin/ and https://coinmarketcap.com/currencies/ethereum/ ) and come to your own conclusions if you can do it. ETH might be more profitable, but I’ll be still dealing with Bitcoin.

Have you ever wondered why it is bitcoin that is the leader among the crypto currency, I think it is conditioned only by a psychological factor and is based only on what people think so. Recently, I see that people have the opinion that the leader is not bitcoin at all and the ethereum. The King is Dead – Long Live the King?

If you want to cash out short term like in 1 to 2 years, then trading btc for eth might be a good idea. I think eth will have the better 2018 than btc. But if you are thinking about cashing out long term like 5 to 10 years, then keep btc. Btc has a max supply and will be rare and people will treat it like digital gold and use it to make big purchases like buying a house or expensive car. 

No need because bitcoin I think is more popular than the eth so in the search for profits will be better you invest in Bitcoin.In addition,the time needed to earn not too long and you just wait for the exchange rate to really increase.

What do you mean about bitcoin is the most stable coin? Can you see the movement of bitcoin price from year to year? For example in this years, at the end of December the bitcoin price touched $ 17,000 just need a month bitcoin price deacresed to $8000, is that what you say is stable? I think is no.

Ethereum is not only for ICOs. This is the platform with more possibilities. Unlike Bitcoin, ETH is fast and very safe. Sure the latest market events can prompt people to get rid of BTC, but it is better not to sell both cryptos.

That's a very good idea. we should not be too scared. If you want your property to remain safe then we should sell only a few and not sell all of them. At the moment, it's just a price fluctuation of the atlcoins and I think this is very normal. This is a very good event to invest in the altcoins.
I wish I had more than $ 2,000 to invest in the altcoins that I think it has potential. But I really want to encourage everyone to be calm and to think carefully before making a decision.

I think its not a good idea to get rid your bitcoin since this month are the time when btc are going to down due to tax or whatever reason, try to research the graph of bitcoin it is normal situation. just hold your bitcoin Everything would be fine. but it is up to you if you want to dump your bitcoin or not.  Though Etherium is also good for investment.

This is my opinion
I don't think it is a good idea. Also buying ETH is a good choice getting rid of your bitcoin is not. The price of bitcoin is very volatile yet still profitable. So I guess just sell some of your BTC for ETH, don't get rid all of your BTC.
thank you so much

good idea to buy ETH i think, but the market showing ETH is getting down for last week. maybe this is just for a while and you should think again about buy ETH.

rid of bitcoin? you sure? maybe the price getting low this time. this week is so hard seeing bitcoin crash many people do panic sale. but you should think about the few month maybe bitcoin will getting better. don't give up on your bitcoin many people with good experience keep hold they bitcoin because they believe.

but if you want rid bitcoin and buy ETH maybe is the same thing. depend on you sir. is just my opinion.

Not really a good idea mate, bitcoin's price right now is compared to weeks/months ago. You should hodl your bitcoin because for sure its gonna recover its price.

If you really want an ETH maybe invest now because it is cheap right now and sooner it will reach 1k usd again.

Yeah I think you were right. Bitcoin is currently a huge huge altcoin and investing in bitcoin will be more profitable than the other altcoins. But I think, depending on the capital you have.
If your capital is low, you can invest in other altcoins that are very valuable as Ripple, Neo, ... that might be the very potential altcoins in the future.
If your capital is plentiful, you can invest in Bitcoin or Etherum. That is my opinion.

I do not know how others think about the current situation and what would be their response to your question. But as for me, my answer will always be no. Why would you get rid of your Bitcoins when the price is plunging down low?  Is that the logical way to do things? Obviously not. That is not the way investors think. Investors do not act with panic. They do not let emotions play with their investment decisions.

Well, korotkovat the point in this course is. Part of bitline to buy eterium what would cohenite money. And when bitcoin starts to recover, it is possible lalate reverse action. Important to average and not a whole amount to play and parts of the lines of support and resistance.

well you should do it while bitcoin is going down low convert all your bitcoins and turn it to ethereum this is the best way to overcome this crisis on the crypto world or just buy other coins with your funds and try holding them while bitcoin is cheap right now

My thoughts on the market at the moment (though totally newb). Buy BTC and ETH at a comfortable level in fiat. DO NOT TOUCH. Wait for a rebound so your investment has gained some, then pursue the alts. Thoughts?

There will be big breakthroughs in bitcoins and etheric in 2018, and it is not recommended that they should be able to make a lot of money in 2018.

I think it's not a good idea of getting rid of bitcoin just for etherum. For me, bitcoin is diamond as ethereum is gold so both are precious. The drastic fall of bitcoin's market cap and price can cause panic to those who don't have the heart to hodl. I believe it will just pass away and will soon rises back.

The better idea is to go on investing into both cryptocurrencies until they start to run ahead. There is no need to get rid of all of your Bitcoins, if you support Ethereum more. Just exchange some BTC for ETH, but not all of them.

As it is, I'd say hold on to your BTC's. While it did experience a dip in the market as of late, it can still bounce back up in relatively short time. It will still stay at the top though for a very long time.

Dont sell it cheap. If you have wait for all these time without selling, then continue to hold it. The Ether you are buying is also going downwards. Hold and I believe it will rise again in the course of the year.

For trading purpose, yes it would be good to invest in alts for gains.
But if you are saying to completely get rid of bitcoin than unfortunately you can't as far as you are in cryptocurrencies market, even if you are trading in alts but you will need a safe side whenever a high uncertainty in market arrives. Don't forget that the whole market still depends on bitcoin.

I believe you will regret it in the future if you do that. Bitcoin is the main coin of all altcoins. Untill now It is the most widely accepted cryptocurrency  in the market. It doesn't  mean that it is down right now and so many FUD are being created day by day, you will give it up easily.

I think you should hold your Bitcoin since it has the highest price in the market.
You should invest in altcoins but keep your bitcoin with you.
Its price will surely increase if you will just wait a little more.

If you already sold you Bitcoin before for ETH then both of them are down well you have a big loss. BTC is starting to rise right now once break resistance around $11k expect BTC uptrend or bull run.

Buying ETH is a good idea but getting rid of you bitcoins is not. Bitcoins are still profitable. Since prices are down now, it will definitely rise up in the future. Just be patient and wait a little more. Something that is already down will have nowhere to go but up.

as we all know, the market is falling recently, and it seems to be fall continusly, we can just expect the next big rise, and at which time, bitcoin will be the first one to rise, so i think its better to keep btc now

I think the BTC is a very good idea. I take risks. If you are in a safe area you will never succeed. So, you dare to accept the challenge, you will succeed. Investing in ETH is a wise decision, and you will still succeed. However, I think Bitcoin will soon recover