Hold ETH until POS?

[Manojdaran]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

[lobo13hf]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

It's good if you are wanna selling all of your ethereum, but don't regret if the price of ethereum will increase more and more because the supply will be limited. As you can see about a lot of people are waiting for the POS and they can start to replace the mining with staking their coin into the ethereum network.

[flipperfin]

For the long term I would keep holding. That way you will also have a lot of eth to stake when the time comes?

But i would consider selling of a little along the way, to keep some profits.

[BlackFawkes]

You can sell some along the way but IMO price will continue increasing, even after POS.

[yndye]

Just hold ethereum alongside bitcoin for the long term. Unquestionably, many people are trading because they want more bitcoin but you can also have the option of having ethereum as well. Even if it is already POS, just continue holding ethereum because it has a bright future given the usability of it and the continuous innovations of its developer. Besides, many traders are using ethereum as base currency as well aside from bitcoin.

[jonemil24]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

I was also looking for an answer if "ETH starts POS, will there still be mining?". Anyways, if you own a certain amount of ETH and still not sure if its value will increase; why not try to hold 50% of it and the rest will be sold.

[swsw098222]

in my opinion, hold the eth.if you notice the price chart of eth,its price is incresing and there is much more probability that eth will reach 500$ very soon.so hold your eth to get a huge profit .

[Beerwizzard]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

It doesn't mean that there won't be any chance to mine ETH, you've already mentioned that they gona have PoS mining. Also it doesn't mean that mining gona be mutch cheaper. Vitalik Buterin already mentioned that you gona have to deposit a decent amount of coins to guarantee that you  won't perform any attacks. Anyway you can expect the ETH pump once they switch o PoS but it is not yet clear about the dates.

[LazyBitInvestor]

For POS - you need about 1k ETH. Do you have this amount?
Definitelly, when ETH will go to POS and reject from POW - we will see 1000$ for ETH.

[coingrow]

I would be keeping 50% of my etherium no matter what and from the other 50% etherium that i would have sold i would buy tons of Etherium classic. Once etherium goes into POS, price of ETC should sky rocket.

[desi92]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

Why do you think selling etherium is good now? I think the price of etherium will have big potential to increase.
I still hold mine will wait till the price $1000 per etherium.

[Fox-111]

So if I have 1k ETH, what is this POS?

[Jonashe]

So if I have 1k ETH, what is this POS?

Proof-of-stake is a different way to secure the network. You don't secure with hash (work like Proof-of-work) but with a proof of stage. If you hold eth, you will earn some ETH that are from block reward (only fee). It's a hard step for ETH so nothing is sure for the moment. But in the first time the network will switch to PoW/PoS so you'll have both of them.

[niisarearning]

Help me clarify this guys. Once POS happens, no more mining ETH. Then, is it good to sell the ETH, I have mined so far or hold until POS?

I was also looking for an answer if "ETH starts POS, will there still be mining?". Anyways, if you own a certain amount of ETH and still not sure if its value will increase; why not try to hold 50% of it and the rest will be sold.

Even i am feeling safe 50% sell and 50% holding but already i missed chance to sell ethereum for good bitcoin price now bitcoin price is increasing too much Ethereum is slowly increasing . In exchanges ethereum prices are decreasing for bitcoin exchange . I am just waiting for bitcoin price to decrease.

[Kryten12]

Is there any more sources of information on these options?

[Prodigan786]

So if I have 1k ETH, what is this POS?

Proof-of-stake is a different way to secure the network. You don't secure with hash (work like Proof-of-work) but with a proof of stage. If you hold eth, you will earn some ETH that are from block reward (only fee). It's a hard step for ETH so nothing is sure for the moment. But in the first time the network will switch to PoW/PoS so you'll have both of them.

Appreciate the effort to explain even i was in confusion what is POS why it will effect with ethereum price . Even i am not having enough information i need to research some may get clarity on this . As far my understanding the eth holder more than 1k will get some ether in their account periodically.

[Jonashe]

So if I have 1k ETH, what is this POS?

Proof-of-stake is a different way to secure the network. You don't secure with hash (work like Proof-of-work) but with a proof of stage. If you hold eth, you will earn some ETH that are from block reward (only fee). It's a hard step for ETH so nothing is sure for the moment. But in the first time the network will switch to PoW/PoS so you'll have both of them.

Appreciate the effort to explain even i was in confusion what is POS why it will effect with ethereum price . Even i am not having enough information i need to research some may get clarity on this . As far my understanding the eth holder more than 1k will get some ether in their account periodically.

Yes but you have to "lock" your found and wait a maturity period of 4 month to become a "staker" and securise the network. Then you will perceive all blocks fees, and the block rate you get is proportionnal to your stage. More you have ethereum, more block rate you will have. But it's a choice, you don't stake by default.

[hell3r]

I guess hold eth. No more mining eth means supply would now be limited and it surely will increase price. But in my predicting perspective, before POS happens eth woulld go down in price but not that long. It would still spike up to 600 in new year.

[DRVX]

There is a great probability that very soon Ethereum will be considered the most reliable cryptocurrency. Its capitalization will grow in times. Thus, I think I will better keep my ETH and do not farewell with this crypto in any case. At least will wait 1000$.

[wissy]

And when the switch gonna happen? I totally forgot about that but i would hold ETH in any case, it cant go anywhere but up.