Trading All BTC for ETH?

[viking02]

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?

[bathrobehero]

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.

[bbc.reporter]

@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.

[Kumo77]

Terrible idea.

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

[cozytrade]

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

[Sephire]

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

[trumper]

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.

[Fesatmas]

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?

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.

[viking02]

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?

[shade_wrath]

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.

[fearcoka]

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

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

[Lagduf]

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.

[sexcoyote]

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?

[tanghere02]

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.

[aragom]

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?

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.

[Red-Apple]

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.

[leirou]

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?

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.

[orarider]

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?

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.

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.

[CuriousGeorge]

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?

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.

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.

[zokora]

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