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Author Topic: Should I convert my bitcoin to Ethereum?  (Read 5776 times)
BitFarmer75
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August 18, 2017, 06:46:40 PM
 #61

i would put my foot in both. I don't know how much you have in in either, but  watch the news, bitcoin, and other sites like a hawk
bohr
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August 22, 2017, 10:58:00 PM
 #62

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
Why you want to convert your btc to ethernium? Are you dont see the stability and potentiality of bitcoin? I dont suggest to convert btc to eth now.Btc is now rising like rocket So you can wait untill btc touched $5000. And that day does not far away from today.
I do not see anything wrong with that, I'm a holder of bitcoin but I can understand why some other people may prefer to be traders and benefit themselves from the change of prices not only between bitcoin and fiat but the change in prices between bitcoin and altcoins, if you are any good at that then you can easily make a mountain of money in a relatively short amount of time.
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August 22, 2017, 11:15:56 PM
 #63

Ethereum is very fashionable now, but as soon as a better platform appears for smart contracts, it may shrink quite a lot.

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August 22, 2017, 11:21:46 PM
 #64

Convert bitcoin etherium will certainly give rise to exchanges and if you're lucky or understand when the price will fit to be switched would be gain or profit from the Exchange. But I prefer to hold the price because of the bitcoin every day changing and lately that shows positive prospects

machinek20
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August 22, 2017, 11:24:01 PM
 #65

It is not a bad idea to convert your bitcoin into eth, eth itself is a great coin and it is a good investment coin, if you think it can give  you a better profit then go for it, both bitcoin and eth got a potential to generate profit by only holding it, and because the price fluctuation is high, so all of the coin share the equal chance to give you better profit
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August 22, 2017, 11:34:10 PM
 #66

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.

Not likely, I have tried this and I don't feel good because with the bitcoins that I had before I could buy now more ethereum.

I'm saying this because the exchange rate has been decreased too much and it's not the same as before and you will lose.
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August 22, 2017, 11:42:37 PM
 #67

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
i guess it is not a bad idea because the ethereum is dumping in the market and i guess it is a good way to earn a profit but you can also see that the bitcoin is also pumping in the market thag also give profit i guess .
cryptovc
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August 22, 2017, 11:45:16 PM
 #68

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.

It's a big mistake to trade your Bitcoin for Ethereum right now. Bitcoin is going to get segwit, and then lightning network, and then sidechains, and Blockstream just got Satellites out there to broadcast the Bitcoin Blockchain... so much exciting stuff happening in Bitcoin right now. I think everyone should have their main amount of crypto portfolio in BTC, specially right now, it's key to have as much BTC as possible.

Ethereum still has to overcome huge problems which im not sure they will be able to, meanwhile Bitcoin is sailing smooth, the only problem it has is the segwit2x morons being annoying again with the blocksize increase scam in November but we will get around that.

I, agree with Pereira as always BTC will stay as King of Crypto world. The portfolio should consist of both BTC and ETH as non-trading assets. You may have few ETH which you use it for buying rest.
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August 23, 2017, 02:01:49 PM
 #69

For me it depends to the situation,because even though bitcoin is the king of crypto it doesnt mean that ethereum is under it in fact ethereum is rising and increasing in all areas.And you should think first of what is more reliable if it is bitcoin or ethereum.And Ethereum is good way to earn profit,but as you can see bitcoin is pumping in the market and being the number 1 in all cryptos thats why you should base it imn the situation of it.
Morphling
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August 23, 2017, 02:09:19 PM
 #70

i dont suggest you to do this, no matter how, btc shall be a important location in your portfolio, its the base of cryptocurrency, eth also deverse holding, but it should after btc

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August 23, 2017, 02:14:10 PM
 #71

For me it depends to the situation,because even though bitcoin is the king of crypto it doesnt mean that ethereum is under it in fact ethereum is rising and increasing in all areas.And you should think first of what is more reliable if it is bitcoin or ethereum.And Ethereum is good way to earn profit,but as you can see bitcoin is pumping in the market and being the number 1 in all cryptos thats why you should base it imn the situation of it.
Possibilities for bitcoin to be surpassed by any altcoin in the market is really there which means its our decision regarding on our bitcoin holdings if you would tend to put it on another coin.It would depend since its your money after all but for me i would not convert my bitcoin for etherium instead of pulling it out better to find or seek funds on putting on etherium too on which you would able to hold both coin.
Denov Setu
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August 23, 2017, 02:16:16 PM
 #72

I think you were better to convert your bitcoin to some altcoins not just to convert them to etherium so you can trade them all
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August 23, 2017, 04:25:31 PM
 #73

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
And that's why if you have a choice between the two, better stick to the trusted and proven btc. Etherium will have its day sometime but its bitcoin's time. Simply holding on to your bitcoins would result in good profit already so why convert to eth?

 
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August 23, 2017, 04:55:57 PM
 #74

It is a dude mistake, I think bitcoin is the best investment I have ever had so far. Because bitcoin is getting higher as many of its investors are new investors.

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CowboyKiller
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August 23, 2017, 04:58:18 PM
 #75

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
i guess it is not a bad idea because the ethereum is dumping in the market and i guess it is a good way to earn a profit but you can also see that the bitcoin is also pumping in the market thag also give profit i guess .
Transfer Bitcoin to Ethereum early like now I think is bad choice, because the price of Bitcoin in today has comeback and make the price of other altcoin on market decrease, so wait the signal from Bitcoin in this week and decisive buy ETH or not will better than buy now.
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August 23, 2017, 05:23:54 PM
 #76

Convert to ETH, I think you shouldn't convert all, convert a half and keep it a half. ETH is used for investing in ICO. Many ICOs are based on eth platform so with eth you can grow your money. Eth in your wallet then convert to BTC again part of it, and part of it is for investing again. That way I think you can grow your money.
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August 23, 2017, 06:04:39 PM
 #77

fork coming for  etherium september, will that be negative or positive?
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August 25, 2017, 02:13:00 PM
 #78

Convert bitcoin etherium will certainly give rise to exchanges and if you're lucky or understand when the price will fit to be switched would be gain or profit from the Exchange. But I prefer to hold the price because of the bitcoin every day changing and lately that shows positive prospects
etherium will be more beneficial in the future than bitcoin if you are looking for long term and i think if you compare the chart of bitcoin and ethereum from last 6 month so, it is simple that those who have invested their money in ethereum got the same profit like bitcoin.ethereum has a great future and i think it will helpful  in making profit in the future.
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August 25, 2017, 02:27:28 PM
 #79

I think it's a pretty good choice. ETH is very popular with the community. It has good technology, professional DEV team. Many ICO projects are running on ETH platform.
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August 25, 2017, 02:29:31 PM
 #80

When investing, I’m a big fan of diversification of portfolios. I believe that both Ethereum and Bitcoin offer value, albeit in different ways.

Even though Ethereum is positioning itself to become a large platform, the fact that Bitcoin is so well known makes it the first place where people invest.
Yes you can but maybe 30% is enough. Bitcoin really is the best coin to invest because it was proven trusted and still dominating arround the world. In terms of market cap ETH follows BTC and I think this coin has potential too and I believe that people believing on this coin has bright future especially if they are going to hold much of it and wait until they will get a lot of profit. These two coins offers everyone a better future if we will invest time and money I know that we will soon reap the fruits of success from it.



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