Bitcoin Forum

I’m hearing staking rewards will start at 32eth. I currently have 12 eth and all I do is watch it drop in Satoshi value. I can easily pickup 20 eth with roughly .3 of my bitcoin. Or average in as it goes down.

Seriously though. Should this even be a goal?

Alts are tanking so badly. I’m 92% bitcoin 8% alts. Not sure I want to change that.

One day eth will come back. But I hate to part with my BTC.

Is that even a good goal?

A lot of people are asking the same question. Personally I think the reason that alts are suffering is that after the long bear market, confidence in crypto is only just starting to return. And people coming in (or coming back in) will logically start with the safest place, which is BTC. Hence far more buying of BTC than alts, and BTC price rises whilst alts stagnate.

I think for alts to grow we first need greater confidence in the overall crypto markets... something that today's price drops aren't going to help. Alts for me will only start to rise against BTC once we have widespread very positive sentiment. I do think it will happen, but it might be some time away.

You have done it already so why regret your decision? you have more than 92% of bitcoin left on your portfolio and I think it's already enough to stop worrying.

I've also heard that you don't have to complete the 32 Ethereum requirement if you want to stake because you can contribute to a pool. I still don't have an idea on how is this going to happen and if its really possible.

There’s nothing wrong if you will adjust atleast small part of your bitcoin to ethereum,92% is such a big percentage for a portfolio and you sounds like trusting ethereum also.
Just take even 10% of your total bitcoin and put in ethereum not minding the others of the 8% alts just solid 10% ethereum,82%bitcoin and 8% altcoins.this adjustment will happen when you think the lowest value of ethereum had reached

I cannot sell my bitcoin for any opportunity in Altcoins markets. Ethereum will not reward investors more than bitcoin now and I don’t think staking it will give better reward than what you will get from holding bitcoin! I rather be patience with bitcoin than risky my holding to any Altcoins that keeps going down against bitcoin.

Your choice on what are the thins on your mind.Just remember and try to make it balance between BTC and ETH holding.

If you do see price is tanking then why risk up to buy? Just remain on that ration if I were you yet price of BTC starts to climb up again.
Just don't panic if you do see some price corrections with btc, making alts as an option isn't ideal anytime.

Vitalik Buterin said that staking will you earn around 5 percent annually.
Is that enough? When I calculate with 2% inflation, then it is not enough to motivate me.  ::)

It seems that you have a solid stack, 92% Bitcoin, that is really solid. If I where you I will stick to that and continue to accumulate Bitcoin as this is one of the best assets so far. We also have the most important event next year, the halvening, that can potentially give you more profits.

Ethereum is good, but as you have said, altcoin market is bleeding and it may take some time before it can bounce back. And 5% annually? Is that enough?

I agree, plus with the penalty if your machine is hacked and used in a block attack means you'd lose your whole stake. I need to hear more about what the final upgrade looks like but so far I'm not motivated to stake.

Is that a final decision? i think that will be more discussion about that and how much ethereum will be needed to stake in the network still not yet determined by ethereum developer.
Alex has a different opinion than vitalik. It looks like this is not a final decision.

That is definitely a very good target. The market is showing that though Bitcoin has plummeted in the past few days, the volume is very large and the purchasing power is similar.
This shows that the price of Bitcoin is about to rise to $ 11k5.
Holding Bitcoin in Q3 and Q4 will bring you wealth. Please continue with your portfolio, I wish you luck.

You already have a good view of what is happening.
Why part with bitcoin. Let it stay there. You know how to diversify and it is already a good start.
Maybe we are just being impatient for the altcoins to grow back. We have seen a large amount of value of ETH and that is what makes us so stressful into when ETH will really come back.

Hold it if you can.
But if the doubt is growing too much then go back to where you think you are making profit specially when you need it badly.

Don’t ever change that, altcoins are sinking seriously and I think they will continue to sink the more for now, so you have still got to wait to buy any altcoins of your choice at a more cheaper price, and I think there is possibility of us still seeing half of their current value still drop, so you can equally get some altcoins cheaper and accumulate more ahead of the next bull run.

Getting that reward would still not matter because, soon, you will be able to get it at a very cheaper price, but if you have all the patient and would not want to take your chances, you can just use few more fiat that you can spare to buy more, keep your bitcoin still intact at 92%, because there will be a high surge in the price of bitcoin soon and if you sell now, you may loose from the profit you would have gotten from that sales.