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Author Topic: When sell ETH for BTC?  (Read 7428 times)
boy130
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August 14, 2017, 09:35:49 PM
#1

Hi all,

1 month before segwit I sold my BTC for ethereums and was sure that it will grows as fast as btc. It was not smart decision I know.

But now I see that it is ア300$ all the time when bitcoin is close to 4300$... I regret that didn't sold my eth for btc once segwit happened...

But I hope that 4300$ is not maximum of bitcoin price in this year so I am planning to sell my ethereums. But I don't know when to do that. I feel bitcoin correction in near time so maybe it is better to wait a bit? But I am not sure about eth price in near time.

What to do?  Embarrassed

Thanks a lot community!
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chaser15
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August 14, 2017, 09:41:47 PM
#2

No way we can tell what should you do because market is not predictable. If we know what will happened then no way we can asked this kind of question. The moment you sold your bitcoins to ETH means you accept all the risks associated to that.

Back before solding your bitcoins to ETH, what things you have in your mind? What analyzation you made? What you think will happen? Now put that thinking on vice versa since you able to do it on first and goes now for the final decision.


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August 14, 2017, 09:50:31 PM
#3

No matter what happens, never sell for loss. Wait for ETH to go back up before deciding to sell it. Yeah, you missed the train for BTC. Do not do the same mistake with ETH. Once the price of BTC slows down, the price of ETH will recover and go back up. Then you can sell your ETH and convert it to BTC. That way you will still make profit even though it will take longer time.


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August 15, 2017, 04:05:40 AM
#4

The current ET price is declining, and it is good idea to keep the ETH and hold it until the ETH price goes up again. I think it's good time to buy ETH as long-term investment. And maybe at the end of this year the price of ETH will increase again.

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August 15, 2017, 04:13:47 AM
#5

The current ET price is declining, and it is good idea to keep the ETH and hold it until the ETH price goes up again. I think it's good time to buy ETH as long-term investment. And maybe at the end of this year the price of ETH will increase again.
I'm sure that there'll be some points to sell ETH or the pumps for ETH to occur, now is just temporary price decline for alts because the price of bitcoin significantly increasing and it's really a normal thing.
When the price of bitcoin comes to stable, I'm pretty sure that all the altcoins especially which use ETH smart contract will soon all green.

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August 15, 2017, 04:44:09 AM
#6

The current ET price is declining, and it is good idea to keep the ETH and hold it until the ETH price goes up again. I think it's good time to buy ETH as long-term investment. And maybe at the end of this year the price of ETH will increase again.
I'm sure that there'll be some points to sell ETH or the pumps for ETH to occur, now is just temporary price decline for alts because the price of bitcoin significantly increasing and it's really a normal thing.
When the price of bitcoin comes to stable, I'm pretty sure that all the altcoins especially which use ETH smart contract will soon all green.
But the thing is along with waiting for a better price to sell ETH, BTC might reach $5k. Profit wouldn't be that sound with ETH then. I would suggest when ETH is $300+ and Bitcoin fall a bit. Jump to BTC. Bitcoin price is increasing at good rate and chances of a big drop is rare whereas ETH is fluctuating over that $300 mark from quite a long time. Your all loss would be covered with Bitcoin.

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August 15, 2017, 05:15:20 AM
#7

when sell ETH for BTC ?
just sell it when you get a profit from it,
for example you bought it at 0.06,and where is the right time to sell it ? 0.061 or around that place.
you will lose it only if you sell it lower than your order,
don't fear because of rising in the Bitcoin price,no matter what as long as Bitcoin still exist,altcoin will also exist.
and you just need a more time from before to get profit from it,there will be one day ETH will get pumped again like other coin.

or if you don't have any financial back up,then sell it right now.
because Bitcoin will rally in the coming days until next month approximately

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August 15, 2017, 05:29:14 AM
#8

Hi all,

1 month before segwit I sold my BTC for ethereums and was sure that it will grows as fast as btc. It was not smart decision I know.

But now I see that it is ア300$ all the time when bitcoin is close to 4300$... I regret that didn't sold my eth for btc once segwit happened...

But I hope that 4300$ is not maximum of bitcoin price in this year so I am planning to sell my ethereums. But I don't know when to do that. I feel bitcoin correction in near time so maybe it is better to wait a bit? But I am not sure about eth price in near time.

What to do?  Embarrassed

Thanks a lot community!
It is not yet maximum of bitcoins for me it may go more higher this november to december but for you wait to catch up because if you sell you ETH now in a low price then buy on bitcoins on its current price it was a lose to lose decision again .Wait for the EtH to rise then sell and wait for bitcoins to have a sudden dump then buy.


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August 15, 2017, 05:36:41 AM
#9

Hi all,

1 month before segwit I sold my BTC for ethereums and was sure that it will grows as fast as btc. It was not smart decision I know.

But now I see that it is ア300$ all the time when bitcoin is close to 4300$... I regret that didn't sold my eth for btc once segwit happened...

But I hope that 4300$ is not maximum of bitcoin price in this year so I am planning to sell my ethereums. But I don't know when to do that. I feel bitcoin correction in near time so maybe it is better to wait a bit? But I am not sure about eth price in near time.

What to do?  Embarrassed

Thanks a lot community!
I think next 5 years is the best time to sell our eth and btc. I know that time the price is really high.

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August 15, 2017, 05:37:35 AM
#10

If I have ETH in my wallet, I would sell it when its price going up. The price of ETH is more slowly increasing than BTC. Much better to sell if both BTC and ETH would reach a higher price to double the value of bitcoin. But, if you really needed money, you would sell it no doubt.  

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xuan87
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August 15, 2017, 05:47:22 AM
#11

Bitcoin is a better investment and Bitcoin got a better future, eth price so slowly growing but not as fast as bitcoin, I think now is still a good time to get more Bitcoin, the Bitcoin price still going up and unstoppable, and eth price is still stagnant in between 300$ so switching to Bitcoin now is a good idea

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August 15, 2017, 05:55:00 AM
#12


just sell it when you get a profit from it,
for example you bought it at 1 btc,and where is the right time to sell it ?1.01 or around that place.
you will lose it only if you sell it lower than your order,
don't fear because of rising in the Bitcoin price,no matter what as long as Bitcoin still exist,altcoin will also exist.
and you just need a more time from before to get profit from it,there will be one day ETH will get pumped again like other coin.

or if you don't have any financial back up,then sell it right now.
because Bitcoin will rally in the coming days until next month approximately gl in youre trading
reflector
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August 15, 2017, 06:07:05 AM
#13

Bitcoin is a better investment and Bitcoin got a better future, eth price so slowly growing but not as fast as bitcoin, I think now is still a good time to get more Bitcoin, the Bitcoin price still going up and unstoppable, and eth price is still stagnant in between 300$ so switching to Bitcoin now is a good idea

Yeah both are good digital coins to invest. You itself said that eth of growing and bitcoin is growing faster. Therefore, exchange the Ethereum to bitcoin to get more profit as price changes. Please check your desired coin to move ahead.

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Herbert2020
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August 15, 2017, 06:25:43 AM
#14

it is impossible to tell you what to do at this point but i am just going to point out your mistake i hope you don't mind.

your first mistake was buying an altcoin in its bubble near the top of the bubble.
your second mistake was holding it, although its price was falling hard against bitcoin (nearly 0.1BTC fell down to 0.06BTC) and you have nearly lost half of your investment depending on the price you bought at.

what you should do is that first never buy an altcoin in its bubble. and second is to dump it if you reached your stop loss limit (you should have a stop loss too).

right now it is once more hard to predict bitcoin. it can go up to $5500 and then have its correction. or it can stop here and have its correction now. and each of these means a different thing for you.
in first case if you sell now you will save yourself a lot of loss.
in second case if you sell now you will lose on your removing losses because eth will probably recover a bit if bitcoin stops rising.

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August 15, 2017, 08:48:20 AM
#15

I choosed to sell ETH couple weeks ago when it was 32x and it is in BTC now.
I didnt expected to be this way but that is trading,.... destiny and luck are probably no. 1  Grin
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August 15, 2017, 09:49:08 AM
#16

I'd say hold eth for now. It won't do to operate at a loss. Wait until the price goes up somewhat
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August 15, 2017, 06:06:59 PM
#17

Bitcoin is a better investment and Bitcoin got a better future, eth price so slowly growing but not as fast as bitcoin, I think now is still a good time to get more Bitcoin, the Bitcoin price still going up and unstoppable, and eth price is still stagnant in between 300$ so switching to Bitcoin now is a good idea

Yeah both are good digital coins to invest. You itself said that eth of growing and bitcoin is growing faster. Therefore, exchange the Ethereum to bitcoin to get more profit as price changes. Please check your desired coin to move ahead.

Short time profit transfers your ETH to BTC because the Bitcoin price is growing so fast we are not sure how much it is going to increase until end of this month. So when the price comes down under $4k you can convert and hold your BTC. for long term investment keep it in ETH this also gives you good profit.

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August 15, 2017, 06:12:21 PM
#18

ETH is a good investment as well, you do not have to sell it. You can wait it out and it will give you a good profit as well. It is not good time to sell any altcoins right now because they are still down. They recovered a bit when bitcoin price went down below 4000 but btc is recovering back.

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August 15, 2017, 10:27:22 PM
#19

Hi all,

1 month before segwit I sold my BTC for ethereums and was sure that it will grows as fast as btc. It was not smart decision I know.

But now I see that it is ア300$ all the time when bitcoin is close to 4300$... I regret that didn't sold my eth for btc once segwit happened...

But I hope that 4300$ is not maximum of bitcoin price in this year so I am planning to sell my ethereums. But I don't know when to do that. I feel bitcoin correction in near time so maybe it is better to wait a bit? But I am not sure about eth price in near time.

What to do?  Embarrassed

Thanks a lot community!
Sell your btc and eth before the year ends. I know this year bitcoin will reach $5000. I think the best thing to do is to wait that time before you sell your bitcoin and ethereum.

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August 16, 2017, 11:16:19 AM
#20

Hi all,

1 month before segwit I sold my BTC for ethereums and was sure that it will grows as fast as btc. It was not smart decision I know.

But now I see that it is ア300$ all the time when bitcoin is close to 4300$... I regret that didn't sold my eth for btc once segwit happened...

But I hope that 4300$ is not maximum of bitcoin price in this year so I am planning to sell my ethereums. But I don't know when to do that. I feel bitcoin correction in near time so maybe it is better to wait a bit? But I am not sure about eth price in near time.

What to do?  Embarrassed

Thanks a lot community!

I suggest you to sell your eth and buy bitcoin to minimalize your loss. For me eth still falling down, again and again, so the best action you need to do only convert become bitcoin. Maybe you will say " no ", but if you see price action with long time period you'll know what I'm talking about. Every decision has risk, but trader must deal with it. Have a nice day.

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