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Author Topic: I sold 32 Eth for BTC...now I’m wanting those Eth back. Wait?  (Read 845 times)
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June 06, 2020, 11:30:42 AM
 #81

Since the Bitcoin halving is just recently happened, you might have noticed that the price is not yet certain for a bull run. I don't know if ETH will have a bottom if Bitcoin have another bottom because it's surely a trigger for the bullish market once we saw that bottom of Bitcoin.

All I'm trying to say is that invest only in the bottom if you want a sure profit but that would take time for you to wait. Best choice is to invest both to diversify your investment if ever you fail to the other one. Just like what they say, minimize the risk of losing so choose wisely but both of the coins that you choose is not that bad although the bullish market will only come once especially after the halving.

The problem is do we know when is the bottom coming mate?because in this part we have all failed most of the time right?

Looking about the Movement of Bitcoin and Ethereum now?i may say that both are in neutral position so either of the 2?there is no lose investing so why need to look for another Bottom if we can manage to wait still and let the market brings us profit soon?
and also Bitcoin and Ethereum is the most safe Currency to invest,so since you are willing for long term holding then what you did is Enough and successful .









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June 06, 2020, 07:41:37 PM
 #82

Since the Bitcoin halving is just recently happened, you might have noticed that the price is not yet certain for a bull run. I don't know if ETH will have a bottom if Bitcoin have another bottom because it's surely a trigger for the bullish market once we saw that bottom of Bitcoin.

All I'm trying to say is that invest only in the bottom if you want a sure profit but that would take time for you to wait. Best choice is to invest both to diversify your investment if ever you fail to the other one. Just like what they say, minimize the risk of losing so choose wisely but both of the coins that you choose is not that bad although the bullish market will only come once especially after the halving.

The problem is do we know when is the bottom coming mate?because in this part we have all failed most of the time right?

Looking about the Movement of Bitcoin and Ethereum now?i may say that both are in neutral position so either of the 2?there is no lose investing so why need to look for another Bottom if we can manage to wait still and let the market brings us profit soon?
and also Bitcoin and Ethereum is the most safe Currency to invest,so since you are willing for long term holding then what you did is Enough and successful .
Well, for me, I consider below $6k is a potential bottom for Bitcoin and that's the right time to start reinvesting. And for ETH, I think it should be close to the stable price before, is the potential bottom. We don't need to guess when would be the bottom to start to hit because we can assume it already once we saw the potential bottom.

Yes, it is safe as an investment but we shouldn't stick to what is enough if we aim to make a lot of profit especially for the long term investment.

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June 06, 2020, 08:44:41 PM
 #83

I hope you do not regret selling your 32 ETH in the price range of 0.696 BTC. while now the ETH is in the $ 240 price range and will probably continue to move significantly upwards.
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June 07, 2020, 02:07:48 AM
 #84

Coins flipping do not really make you money and flip ETH to bitcoin seem you are doing the same thing. Bitcoin and ETH are always moving in the same direction and at that I rether stay with bitcoin.

It’s always better to have both and not to always go with one coin. At times when the market is stable still ETH or altcoins does rise and we might miss those rides. So, does happens with bitcoin as well. So, if we need to make advantage of this leverage then better to have both and diversification is the key so that way also it helps it.
rather than being confused about choosing one, maybe you should have both. however, I once made a proportion of 50% for bitcoin and 50% for ethereum. it's just that, I see the development of ethereum prices not only occur in dollar prices but also in bitcoin prices.
That's a good idea too but to get the maximum profit and we should focus on the coin that will get a big hype very soon. In my opinion, it's better to put more percentages into the ethereum to bet on the next bullish trend from ethereum serenity

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June 07, 2020, 03:36:47 AM
 #85

I hope you do not regret selling your 32 ETH in the price range of 0.696 BTC. while now the ETH is in the $ 240 price range and will probably continue to move significantly upwards.

He will not although he will get most profit if he stay in ETH, BTC price in USD pump that's why ETH price fluctuate so it means that his BTC gain value too but considering OP point of view. He is looking in satoshi value and not in BTC that's why he is confused on what to do by the time he trades which is the usual dilemma of newbie trader.

Trader should consider the principle of Low risk - Low profit probability and vice versa. Every trader should know the amount of risk before they enter trading so that they can accept no matter what the outcome.

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June 07, 2020, 06:43:36 AM
 #86

That's a good idea too but to get the maximum profit and we should focus on the coin that will get a big hype very soon. In my opinion, it's better to put more percentages into the ethereum to bet on the next bullish trend from ethereum serenity
as a percentage I'm sure putting money in bitcoin will be better than ethereum in the next pump season. holding ethereum for a long time is not very good, especially the movement shown is also small. it is not wrong if he sells ETH that he has for BTC. it will be more profitable.

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June 07, 2020, 02:02:53 PM
 #87


Well, for me, I consider below $6k is a potential bottom for Bitcoin and that's the right time to start reinvesting. And for ETH, I think it should be close to the stable price before, is the potential bottom. We don't need to guess when would be the bottom to start to hit because we can assume it already once we saw the potential bottom.

Yes, it is safe as an investment but we shouldn't stick to what is enough if we aim to make a lot of profit especially for the long term investment.


$6,000?that is more that enough for me mate if ever the price of Bitcoin subside that Low,i have some funds that i gather
 from Online sideline this pandemic and i am looking for
 another investments,actually Bitcoin is my best option but having $9,500 or more value so i am considering other
 currencies like Ethereum and EOS now.





For Ethereum,i think better to Buy now because of incoming ethereum 2.0 that would really make this currency
move up high.

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June 20, 2020, 11:13:31 AM
 #88

I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I’m FOMOing, because I’m thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.

I decided to check back on this thread Smiley. I hope you have made some cool profits from selling your eth to Btc. You may even decide to buy back some eth with the profits made from buying btc while still holding your btc.

I kept my BTC and bought 32 Eth with fiat.
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June 20, 2020, 11:18:14 AM
 #89

I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I’m FOMOing, because I’m thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.
Forget about ethereum for now because the 2.0 version seems to be not bringing us fortune while Halving is getting the effect closer so what do you want to have>?expecting ethereum 2.0 or look for Bitcoin halving before the year ends as we have already starts last May 11 and now running better to Bull running.

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June 20, 2020, 11:47:57 AM
 #90

If you have more than 40% of your portfolio in fiat (or anything related to fiat, like stocks and bonds), I would suggest to rebuy the ether using fiat.
However, if it is less than that, I would rebuy it with btc, to not increase exposition.

Bitcoin is currently at half of its ATH, whereas ether is at 1/5 of its ATH. So, to reach its ATH, ether will have 2.5x more profit than bitcoin.
Also, in 2017 ether have grow much more than bitcoin, in a very short time, perhaps even more than bitcoin's early years. And while it is said bitcoin might reach 100k before 2025, it is certain ether will reach 15k during this same period. This is 5x ATH for bitcoin and 12.5x ATH for ethereum.
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June 20, 2020, 11:55:01 AM
 #91

Forget about ethereum for now because the 2.0 version seems to be not bringing us fortune while Halving is getting the effect closer so what do you want to have>?expecting ethereum 2.0 or look for Bitcoin halving before the year ends as we have already starts last May 11 and now running better to Bull running.
You're right, the percentage of possibilities that are more profitable when a bull run in bitcoin. after halving, I think this will affect the bitcoin trading and market. but ethereum seems to delay the update and it will make the market worse by moving as slowly as it is today.

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June 20, 2020, 04:54:59 PM
 #92

smart people will definitely choose the option "hold in bitcoin and start buying ethereum with fiat money" then in the future you will get 2 times the profit

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June 20, 2020, 09:52:20 PM
 #93

Since the Bitcoin halving is just recently happened, you might have noticed that the price is not yet certain for a bull run. I don't know if ETH will have a bottom if Bitcoin have another bottom because it's surely a trigger for the bullish market once we saw that bottom of Bitcoin.

All I'm trying to say is that invest only in the bottom if you want a sure profit but that would take time for you to wait. Best choice is to invest both to diversify your investment if ever you fail to the other one. Just like what they say, minimize the risk of losing so choose wisely but both of the coins that you choose is not that bad although the bullish market will only come once especially after the halving.

The problem is do we know when is the bottom coming mate?because in this part we have all failed most of the time right?

Looking about the Movement of Bitcoin and Ethereum now?i may say that both are in neutral position so either of the 2?there is no lose investing so why need to look for another Bottom if we can manage to wait still and let the market brings us profit soon?
and also Bitcoin and Ethereum is the most safe Currency to invest,so since you are willing for long term holding then what you did is Enough and successful .
Well, for me, I consider below $6k is a potential bottom for Bitcoin and that's the right time to start reinvesting. And for ETH, I think it should be close to the stable price before, is the potential bottom. We don't need to guess when would be the bottom to start to hit because we can assume it already once we saw the potential bottom.

Yes, it is safe as an investment but we shouldn't stick to what is enough if we aim to make a lot of profit especially for the long term investment.
Potential bottom via just presumptions? It doesnt work that way because majority would really depend or vary on technical analysis from time to time.You cant just say up price levels just because you do believe that it might be a good support but well its your own choice though and no one can stop you if you are doing things this way.Supports can be broken anytime though and pinpointing out that it might be the bottom is really impossible but at least we do make our own technicals basis which is better rather than making random presumptions just because you do believe on.In topic response where 32 ETH being sold for BTC then i cant say its a good choice completely but we know the potential of BTC in talks of future but we know that ETH do have also that kind of capability which basically both things would neither be a valid option.

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June 21, 2020, 05:26:04 AM
 #94

I hope you do not regret selling your 32 ETH in the price range of 0.696 BTC. while now the ETH is in the $ 240 price range and will probably continue to move significantly upwards.
although the price is currently slightly decreasing, there is a possibility that the price will rise again, and this is only a matter of time. however, in every decline that occurs, we need to be patient. Well, if you want to come back to the decision to change your assets to ethereum again, it seems like it's not too late.


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June 21, 2020, 06:12:55 AM
 #95

although the price is currently slightly decreasing, there is a possibility that the price will rise again, and this is only a matter of time. however, in every decline that occurs, we need to be patient. Well, if you want to come back to the decision to change your assets to ethereum again, it seems like it's not too late.
why does he have to change back to ETH? in the long or short term I think holding bitcoin would be better. the ethereum market is currently too slow even in the past year ethereum doesn't look better.
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