Sold all my ETH and bought ADA

[CosmosX]

Full disclosure: I also sold most of my ETH to buy ADA.

Anyone who has done a deep research on ADA knows it's a screaming buy. It's not even fair to other altcoins to enumerate why. But here are a few reasons:

1) When the IELE VM is released, that will enable developers coming from about 20 imperative languages (see https://github.com/kframework) to write smart contracts in, so in the language they are the most comfortable in, and it will translated to be readable by the Haskell protocol. Backward compatibility.
That's a lot of potential developers if you ask me. Ethereum will look like a toy when it's released this fall (and I hold some).  

It's built by RunTime Verification, a start-up from Uni of Illinois who has NASA, DARPA, Boeing, and Toyota as clients. They now work for Cardano / IOHK. Not exactly kids in their garage. I don't see how it can go wrong.... https://runtimeverification.com/blog/new-technologies-for-the-blockchain-iele-virtual-machine-and-k-universal-language-framework/

2) Their Sidechains protocol will make them the blockchain of blockchains when they'll finalise NiPoPoW and NiPoPoS. That means that they don't intent to replace anyone, but rather to enable every blockchain and ERC20 tokens to talk to each other
https://bitcoinmagazine.com/articles/sidechains-why-these-researchers-think-they-solved-key-piece-puzzle/

3) High Assurance Code used by Nasa and Plane manufacturers, this is the kind of code used in life-or-death situations....https://www.youtube.com/watch?v=TZGVgNsJSnA&t=164s AND https://www.youtube.com/watch?v=mhKUHpQZIoc&t=

4) Why Haskell is hot for cryptocurrencies? Because it eliminates a whole class of bugs compared to imperative languages (that's why they hired the co-inventor of Haskell, Philip Wadler) https://www.fpcomplete.com/blog/why-haskell-is-hot-for-cryptocurrencies?hs_amp=true&__twitter_impression=true

5) Everything is peer-reviewed and audited by the best cryptographers from top universities and third-party auditing firms, which means that unlike EOS' outlandish claims on hundreds of thousands of TPS, everything Cardano claims is actually true and verified.

6) Multicurrency Daedalus Wallet ( BTC- ETH- LTC- ADA etc...), an extremely well-polished wallet, possibly the best in the space https://daedaluswallet.io/

7) I could go on...

2 testnets are released next week, and PoS and Staking are released in a few weeks, which means you will earn interest on every ADA you hold.
A screaming buy. There are no other projects that even fantasise about what Cardano and IOHK are achieving.

From a monetary point of view, OP has WAY more chances to do a x5 or x10 on buying ADA at $0.25, than holding ETH. ETH can maybe hit $7000 one day but not this year, while Cardano already hit $1.33 in December 2017....

EDIT: corrected some spelling errors.

[khanza]

ADA is worth 1/10th of ETH in terms of market cap, but has so much more potential. Completely lost my confidence in ETH as new ICO's on decline, unknown inflation etc etc.

In this case you need to multiply ask questions and read which coin movements are better according to you that Buy and if you think it is not profitable ya just sell it ..But if I do not think you need to sell etherum you make your etherum for long term investment Maybe this will be very profitable for you

[Lilandra2006]

The new ICOs are not on the decline. Cardano fluctuates even more in price than the etherium, so I think that the etherium is better suited to save your money. In addition, I'm not sure if the Cardano team will be able to surpass the capitalization twice from the one that is now. I'm not talking about ranking in the top three of the Crypto-currency.

[CosmosX]

The new ICOs are not on the decline. Cardano fluctuates even more in price than the etherium, so I think that the etherium is better suited to save your money. In addition, I'm not sure if the Cardano team will be able to surpass the capitalization twice from the one that is now. I'm not talking about ranking in the top three of the Crypto-currency.

Don't look too much at market cap, everyone knows it's a misleading indicator, unless you haven't been paying attention. In the end, the only thing that matters is the code and the tech, not the price or the market cap.
Otherwise EOS would be the champions of the world by buying their own coins using their millions of ETH... Did you see the insane and unnatural volume since the weird and parabolic price spike?

[Silver_Wost]

The new ICOs are not on the decline. Cardano fluctuates even more in price than the etherium, so I think that the etherium is better suited to save your money. In addition, I'm not sure if the Cardano team will be able to surpass the capitalization twice from the one that is now. I'm not talking about ranking in the top three of the Crypto-currency.

Don't look too much at market cap, everyone knows it's a misleading indicator, unless you haven't been paying attention. In the end, the only thing that matters is the code and the tech, not the price or the market cap.
Otherwise EOS would be the champions of the world by buying their own coins using their millions of ETH... Did you see the insane and unnatural volume since the weird and parabolic price spike?

my advice do not sell your ethereum, because ethereum is believed to be number 1 later,
and will replace bitcoin in the future, surely you will lose.

[anggaem]

no matter what you do just do it when you think it's good for you. but if It's me , I will sell ADA and buy ethereum and i think ethereum future is better than ADA.

[vycl87]

The ADA is a very high coin with potential for future earnings, but it will never be an Ethereum. You need to consider this. Ethereum is the most important currency for the market after Bitcoin. I think ADA is a very good move, but I can not say the same for Ethereum sales.

[Dondont]

you should not do that, ETH has greater potential than ADA, it's better to use the proceeds from other profit coin to invest in ADA.
but actually it also depends on your investment method, for the long term, or shorter term?

[legendbtc]

The new ICOs are not on the decline. Cardano fluctuates even more in price than the etherium, so I think that the etherium is better suited to save your money. In addition, I'm not sure if the Cardano team will be able to surpass the capitalization twice from the one that is now. I'm not talking about ranking in the top three of the Crypto-currency.

Don't look too much at market cap, everyone knows it's a misleading indicator, unless you haven't been paying attention. In the end, the only thing that matters is the code and the tech, not the price or the market cap.
Otherwise EOS would be the champions of the world by buying their own coins using their millions of ETH... Did you see the insane and unnatural volume since the weird and parabolic price spike?

my advice do not sell your ethereum, because ethereum is believed to be number 1 later,
and will replace bitcoin in the future, surely you will lose.

Whether it will replace the bitcoin or not nobody don't know but the value of ETH keep on increasing from time to time so instead of selling now hold them for some more time.

[CriptoNata]

I think that it would not be worthwhile to sell all your coins at once, the whole point in the distribution and retention of a few coins. And not alone as you do, I would have bought 50/50

[Devawnm367]

I would hold some Ether,  I personaly believe whatever you own in ether will atleast 5 to 10  times in 3 to 5 years I wouldn't say not invest in ADA but I would still hold SOME Ethereum!?

[kruzer200]

I think that this is a good idea because I also recently bought the Cardano and I am quite sure of this coin. It’s a good investment for these days.

[MancyZz]

It is really very decision.  Even, i am considering buying ADA as it is down to 80%, but it is really a very potential coin in terms of growth. ETH losing its value over time and time.

Yeah, ETH I think lost it's cluster. Much less potential with all this restrictions on ICO's. ADA will kill Ethereum over time

Ethereum is a fairly influential coin on the Cryptocurrency market. because with Ethereum is very reliable to be in the spotlight with the development of fiber price that continues get sufficient increase well. therefore many fell in love with Ethereum when they saw their progress on the charts that showed fantastic progress.

[yesyoupump]

Full disclosure: I also sold most of my ETH to buy ADA.

Anyone who has done a deep research on ADA knows it's a screaming buy. It's not even fair to other altcoins to enumerate why. But here are a few reasons:

1) When the IELE VM is released, that will enable developers coming from about 20 imperative languages (see https://github.com/kframework) to write smart contracts in, so in the language they are the most comfortable in, and it will translated to be readable by the Haskell protocol. Backward compatibility.
That's a lot of potential developers if you ask me. Ethereum will look like a toy when it's released this fall (and I hold some).  

It's built by RunTime Verification, a start-up from Uni of Illinois who has NASA, DARPA, Boeing, and Toyota as clients. They now work for Cardano / IOHK. Not exactly kids in their garage. I don't see how it can go wrong.... https://runtimeverification.com/blog/new-technologies-for-the-blockchain-iele-virtual-machine-and-k-universal-language-framework/

2) Their Sidechains protocol will make them the blockchain of blockchains when they'll finalise NiPoPoW and NiPoPoS. That means that they don't intent to replace anyone, but rather to enable every blockchain and ERC20 tokens to talk to each other
https://bitcoinmagazine.com/articles/sidechains-why-these-researchers-think-they-solved-key-piece-puzzle/

3) High Assurance Code used by Nasa and Plane manufacturers, this is the kind of code used in life-or-death situations....https://www.youtube.com/watch?v=TZGVgNsJSnA&t=164s AND https://www.youtube.com/watch?v=mhKUHpQZIoc&t=

4) Why Haskell is hot for cryptocurrencies? Because it eliminates a whole class of bugs compared to imperative languages (that's why they hired the co-inventor of Haskell, Philip Wadler) https://www.fpcomplete.com/blog/why-haskell-is-hot-for-cryptocurrencies?hs_amp=true&__twitter_impression=true

5) Everything is peer-reviewed and audited by the best cryptographers from top universities and third-party auditing firms, which means that unlike EOS' outlandish claims on hundreds of thousands of TPS, everything Cardano claims is actually true and verified.

6) Multicurrency Daedalus Wallet ( BTC- ETH- LTC- ADA etc...), an extremely well-polished wallet, possibly the best in the space https://daedaluswallet.io/

7) I could go on...

2 testnets are released next week, and PoS and Staking are released in a few weeks, which means you will earn interest on every ADA you hold.
A screaming buy. There are no other projects that even fantasise about what Cardano and IOHK are achieving.

From a monetary point of view, OP has WAY more chances to do a x5 or x10 on buying ADA at $0.25, than holding ETH. ETH can maybe hit $7000 one day but not this year, while Cardano already hit $1.33 in December 2017....

EDIT: corrected some spelling errors.

Interesting notes but you have bought a project that is still in development with risks.

[Adalwolf]

if in my opinion better to wait for ETH rise again you just sell, if even now it is very detrimental price also being unstable.

ADA can easily double

I further require you to have Ethereum and use it for a fairly long term. because of its high level of development, it makes Ethereum very capable of being a dependable coin and a high-potential coin to be valuable in the future and capable of being dependable.

[Gras]

ADA is worth 1/10th of ETH in terms of market cap, but has so much more potential. Completely lost my confidence in ETH as new ICO's on decline, unknown inflation etc etc.

I think that selling the whole Ethereum is not a good solution. It is better to diversify your investments into different assets. In addition, Ethereum has a serious development program. I think that by the end of 2018 it will cost at least$3000.

[ethergod]

I think both ADA and ETH have very bright futures, as both are being prepared for mass adoption. ADA signed an agreement with Ethiopia and ETH will implement key upgrades this year.

[adizero]

ADA is one of the strong and promising coins for the future, I believe that you are not wrong at picking ADA as your investment. I hold them too but not much and hope for great return.

[Blockman21]

Ethereum is a very successful project as well as one of the serious projects of the future. Although I have been affected by the recent market collapse and suffered a substantial depreciation, I think it will be very valuable later on.

[Sarisang]

ethereum and Cardano is a nice coin equal to future investment. even though the ethereum more senior but the developments indicated Cardano could be intense competition in altcoin. invest both no problem and thus results will be even greater opportunities.