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Author Topic: Should I convert my bitcoin to Ethereum?  (Read 5776 times)
Hgfyop
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September 08, 2017, 02:44:15 AM
 #141

This is not worth doing. Bitcoin has always been and remains the best crypto currency for investment, especially in the long term. And at any time, despite the fluctuations in its price. Anyway bitcoin in the future brings a significant profit from-0a appreciation rate. In the etherium, you can transfer bitcoin only for the performance of specific transactions or transactions, since this is also a good and promising coin.

+1

Ethereum saw a massive rise, even faster than Bitcoin at some points, but it doesn't mean you should start using it over Bitcoin anytime soon. BTC is still king and always has been. Until something else much, much better comes along it will stay that way.

Yes that is true. Btc will keep its place for a long time

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September 08, 2017, 02:57:50 AM
 #142

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 is not bad to have both Bitcoin and Etherium in your portfolio. That is even better considering that Bitcoin is the leading coin in the entire crypto world and Etherium is considered second by many. Try to stick to these two on top of other trusted coins also.

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nasipadang
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September 08, 2017, 03:07:19 AM
 #143

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 think it's not a good idea to convert btc to eth now because the price of eth itself is already high, while the btc price according to the increased demand eat bitcoin price the longer it gets higher, or you can also have both to minimize risk but you can't maximize profits

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BeastLee
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September 08, 2017, 03:08:48 AM
 #144

Ethereum is a promising cryptocurrency with awesome features. But I wouldn't invest all my bitcoin into ethereum. It is with bitcoin, well known alts and new coins/tokens in my portfolio.

which alt coins do you like to use?
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September 08, 2017, 03:14:38 AM
 #145

if you are so unsure, just hold both of them 50/50 and see which one starts to become the champ
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September 08, 2017, 10:20:24 PM
 #146

Yes diversification is always a good thing especially in trading but if I were you I'd retain my bitcoin and stay it as where it is and invest another capital for Ethereum. You might regret it after you know, that's just my point of view.

I also plan to convert my bitcoin to Ethereum because I feel like Ethereum will be good to invest , so you are saying that this two coin which is bitcoin and ethereum are same profitable ? Which is better ?

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September 10, 2017, 04:07:53 PM
 #147

Not easy to decide, both of them are profitable and should be in wallets.
It might be good to convert maybe some of your bitcoin to eth for using trading but i guess i prefer to hold bitcoin.
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September 10, 2017, 04:22:27 PM
 #148

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.

Is it panic time? No, I don't think so, I think it is still wise to invest in bitcoin. Many are expecting it to grow until the end of the year. And, there was a recent ICO ban in China which would might have a direct effect on ethereum. A number of investors are from China and since most ICO's are ethereum based there might be large decrease in it's value.

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September 10, 2017, 04:40:39 PM
 #149

Bitcoin is a better choice in that case.They are both good but bitcoin have more potential in long term and i don't know why but bitcoin feels much safer to me.

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September 11, 2017, 03:22:33 AM
 #150

just follow your heart and insting , Ethereum is a good future coin , but Bitcoin is the largest of all of altcoin , do the thing that you think it's the best ,.
Following your heart and instincts is a sure recipe to lose all your money, trading and investing is about math, about watching the charts and by using the tools given to us by other people to try to determine which way a coin is going to move, also you need to know about the history of a coin in order to know if the market is bullish or bearish about a coin in a particular moment.

You are absolutely right. With that being said, my suggestion to OP is to keep his BTC.
In the past, Popular exchanges got hacked, big btc websites got taken down. All these things you would of thought would of negatively impacted BTC's price.
They did...
BUT the price change was so small, it didn't really matter.
BTC went right back up to it's normal price and stabilized every time.

It would take something so catastrophically improbable for BTC to become invalidated by a price decline.

TLDR; OP Keep your BTC, you will thank me in a year or 2.
The price of bitcoin has gone up almost 5 times just in this year, so you can do a lot worst than to hold your bitcoin, however I also think there are some good opportunities out there, so if someone is willing to take a risk then you could invest in some new coins that have not pumped yet, that way when they do, you can easily make a lot more money in a short amount of time than what you could do otherwise.
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September 11, 2017, 04:34:22 AM
 #151

There is no need to convert bitcoin into an etherium. Although these are both promising coins, however, based on a very high rate of bitcoin compared to other altcoyins, including the etherium, in percentage terms it gives a big profit.

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September 11, 2017, 04:41:58 AM
 #152

There is no need to convert bitcoin into an etherium. Although these are both promising coins, however, based on a very high rate of bitcoin compared to other altcoyins, including the etherium, in percentage terms it gives a big profit.
Due to fall down of bitcoin price I think it's better to invest it into altcoin, also ethereum is a good choice to invest because their price is increasing. Moreover, in my opinion it's better to invest in multiple section of crypto currency to sustain the daily or weekly profit.
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September 11, 2017, 10:27:46 AM
 #153

It depends to the situation. 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. 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. But with me, bitcoin really is the best coin to invest because it was proven trusted and still dominating arround the world,  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. 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.


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September 11, 2017, 10:45:54 AM
 #154

If to invest smart contract ethereum maybe that's a good idea. But if to hold and sell it in the future maybe for the time now is not right. Because seeing ethereum growth can still be practically stable and there is no high surge

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September 11, 2017, 11:01:11 AM
 #155

My advice is to divide your portfolio between these coins if you want to reduce an investment risks.
As for me I'm fully at altcoins.
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September 11, 2017, 11:08:21 AM
 #156

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.
there is a great possiblity that the market will go down, and btc will keep more value than eth, so i suggest you not do this

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September 11, 2017, 11:28:19 AM
 #157

I think Ethereum has a lot of potential and now is the time to buy it for bitcoin!

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September 11, 2017, 01:04:25 PM
 #158

It is like buying ethereum coin or exchange it! for me it is good if you have this all crypto-currencies because the price of this crypto is still pumping for now! just buy altcoins and trade it for a better price and convert it to bitcoin later.
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September 11, 2017, 01:09:06 PM
 #159

I think right now it is bad option to convert your Bitcoin into ETH because already Bitcoin price is increasing so already you will be in profit.
There are chances that the price of ETH will also increase but it will take a lot of time and you need to have patience.

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September 11, 2017, 01:11:24 PM
 #160

There are a lot of coins to put your investment to. Ethereum is one promising altcoin that you can lean on. It is on your verdict if you wanted to turn it to bitcoin. But I think bitcoin is more promising than Ethereum.
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