ETH dump am I in lose? What will be my move?

[mdayonliner]

I needed some insight suggestions or advice. In between Aug'17 to Oct'17 I bough ETH and the price was 0.08700000BTC

I have been holding it since then even where the price was 0.02600000 down! A lot of time I lost my heartbeat  but here still I am holding having a hope that ETH price will someday cross my buying price and I will convert them in BTC. I completely understand that price even go farther down to 0.02600000BTC


I do not care about the Fiat value of the coins coz my goal is always to increase the number of my BTC. And in this situation I am basically in huge lose.

What should I do? Should I hold on to my ETH or should I accept some lost and sell it or something else.... Please help me with some friendly advice.


Thanks in advance.


Love the community

[Kolokoy]

The best move for all the token or coin holders will be holding it unless it's not for emergency purposes.
I have a full-time job so I found no problem whatever dumping and pumping events happening in anytime. Watch them grow will make me Smile

[pawanjain]

I have been watching ETH since it was 0.09BTC . Since then the price has gone way down in terms of BTC but the price has almost doubled in terms of USD. This happens because of the price of BTC as when the price of BTC increases the value of the Altcoins go down in terms of BTC so that it can retain its value in fiat. Although the current price is 0.047BTC the USD value is $750 . So in order for ETH to get back to 0.087BTC its fiat value will have to cross $1400 while expecting Bitcoin to be at the same price. This is tough for ETH and by the time ETH reaches $1400 the price of BTC will go even higher(as assumed). The moral is, it is difficult for ETH to get to that price again but if you are lucky enough then the price might reach it in a few months or years.

[ozgur35]

Hi,

The best move you have to wait as it is predicted to increase soon  or later. In case you need money, there is not much to do however, you could be patient and forget your coins for awhile, good luck .

[dukemc]

My opinion is hold the ETH min. until next year or 2019.