Bitcoin Forum

Hey guys my first post here, long time lurker first time poster haha anyhow like the title of the thread says, how would you spend 350 dollars(cad)? I am looking at eth or bitcoin but bitcoin is pretty pricey so i am leaning towards eth. I am just curious as to what your guys thoughts might be especially at this stage close to halving? i am playing it safe, i am not too interested in other altcoins just sticking with the top guns right now.

If I were asked to spend 350 350 in cryptocurrency I would definitely be more interested in spending for Bitcoin with my eyes closed because that might be the biggest investment for me because the future is much better than the other one and that is why I amBasically I would prefer to invest in মূলত 350 and also the current digital.

I will share 50% for ETH and 50% for Bitcoin. Because Bitcoin and ETH are coins that are required to be made an investment at this time. Buy some and hold it until the price goes up.

If you feel very little if you buy Bitcoin, you can look for other altcoin alternatives that are ranked in the top 10 coinmarketcaps, many good coin choices like BNB and TRX.

Don't rely necessarily on my suggestion - it's just a personal belief, but I would go for Bitcoin for now. Bitcoin has halving and limited supply. ETH has unlimited supply and no halving, making a positive impact on the price less likely. It's probably an attempt to stabilize its price, while BTC sits on the contrary.

Moreover, BTC still sits as the king even +10 years after its birth. It has a lot of backing, most experience and most development. Any new, revolutionary platform will most likely start with BTC on it.. and out of my years of experience, no investment went better so far than the ones in Bitcoin.

For long time i think BTC , and for short term to take profit, I think buy ETH. Why? I think the calculation of the profit will be greater if you buy a BTC. This calculation if after you buy then trade. The current 350 $ capital will get 1 ETH more. This will be a better chance to get profit. If you buy BTC today you get -+ 0,025 and ifu you trade with them i think dificult to get more profit

I see that you, like many other beginners, are in the same doubt - whether to invest everything in BTC or play with some other alternatives. The point is, of course, in the numbers - because for $350 you can buy just under 2 ETH, and for same amount of money just something above 0.04 BTC.

You need to ask yourself do you buying just to sell after halving, or you have in plan to hold for long term? I'll just warn you to be careful about your purchase, because even though you think BTC is currently "pretty pricey", there is BTC which is much cheaper, but it has one small flaw - it is a bad copy ;)

There was a time when I would have chosen Ethereum. It was when Bitcoin was a big thing already but Ethereum was very cheap (2017). However, I would not make that choice today, as Bitcoin dominance is very high. This means that if something will rise, it'll probably be Bitcoin. If something goes down, altcoins will suffer more than Bitcoin. It's your decision, of course, so you'll have to decide for yourself. You might do it 50/50 like some already suggested if you're so unsure. But please make sure you're using a legit wallet and exchange since the worst thing in this scenario is getting scammed.

if you are not a trader then your only viable option is bitcoin. you can buy it and enjoy all the benefits including the price rise in long term. but if you are a trader then your options are a lot more than just one altcoin you can trade a lot of them that are getting pumped within that day and then move on to the next pumping altcoin. rinse and repeat.

I am assuming you are encouraged to hold for quite sometimes. I will directly prefer to buy bitcoin either there is halving or not since likely you are one of the beginner. On the other hand I have to admit that there is possibilty to more growth for bitcoin than ETH. Although I am not your legal advisor but before buy any alt coins you should have good experience about their behavior. Eventually I will say buy whatever you can afford losses (either ETH or BTC). Again, do your own diligence before buy anything, there is no any quick rich method on crypto.

There's a great hype for bitcoin these months. The halving is approaching and historical graph shows a rise in price after every halving. Which is understandable as miners won't sell their coins for loss. Ethereum is also been on hype for it's next big upgrade but there's still no fixed time frame for it. So it can wait. Bitcoin is the good purchase at the moment.

My pick between those two would be ETH. I think BTC is overvalued currently. And ETH less overvalued.

If you have asked this a few days ago, bitcoin wasn't pricey as it is right now because it's currently moving ahead which is basically an unexpected run before the halving happens.

Why not just cut the budget and buy both?

Somehow like 75/25

75% for bitcoin = $262.5

25% for ethereum = $87.5

If I had to choose between bitcoin and ethereum, I would choose bitcoin. Bitcoin is the king of the cryptocurrency market, few coins can be compared to it, most people in the cryptocurrency market own a number of bitcoins. Ethereum is also a good coin, but the fall of the ICO made ethereum's reputation plummet, which made ethereum unattractive during this time.

Even with the current price of bitcoin I really think it is still OK for everyone buying it in my opinion because in the following years to come if you would invest a certain amount in it you will surely profit but I a not saying that you can be rich in just doing nothing, many are gathering knowledge in trading because you can not earn fast enough I just holding your bitcoin and just depend on the fluctuation alone, many are cleverly holding their Bitcoin. if the market drops they will surely buy cheaper, and if the market increase they would convert on stable coins of fiat currency.

I'd definitely spread it between BTC and Ethereum at 70/30 ratio

Look at how bitcoin has performed over the years and then look at ethereum.  Bitcoin right now is the only cryptocurrency that actually had a strong use case, that has been battle tested, and who's future still shines bright.  Ethereum is considered a broken project by many.  They continue to have issues left and right and really haven't done much in terms of advancement.  Bitcoin is the coin the rises the tide. All other coins almost always follow it's price movements...the tide that raised the ships.  Pick Bitcoin.

Well man if you are looking to the chart and aware of what is coming after 2 weeks you'll surely love the idea of investing it with bitcoin with a fast hand pulling it out. Just about 3 or 4 days ago, I was trading bitcoin in binance the price is just running roughly around $7400 to $7500 but look at it now it is $8100 that only means that it is a preparation for the bull run. On the other side, ethereum was on the good run too, So I think it is square enough to diverse your $350 in it, $250 for bitcoin and $100 with ethereum. Me I have them both on my portfolio with XRP.

It's better to choose bitcoin because it's a strong coin right now even though it's only $ 350 (cad) I think this is enough for a newbie to buy bitcoin before the price goes up again.
The history of bitcoin is really strong, looking at it before the movement is always high when going halving then I think that's what you should do now, even though you are leaning towards ETH do what you think is good because both coins have a good increase now.

Hello everybody. If we proceed from today's, I would still wait for a certain fall in prices, and would not buy on rapid growth. ETH is more volatile, which means if the price falls more strongly relative to Bitcoin, then it will grow more. In this regard, I would invest all the money in ETH. But, there is one wonderful saying that states that you cannot store all the eggs in one basket. Therefore, I think that it is necessary to divide into two equal parts - one invest in bitcoin, and the other in ETH.