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Author Topic: Sold all my ETH and bought ADA  (Read 5910 times)
Tilbrook007
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August 05, 2018, 02:45:25 PM
 #781

Smart Move
I also bought ADA
nianastasia62
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August 05, 2018, 02:47:37 PM
 #782

I think it's not a good idea ! I would recommend only a small part to invest in ADA as there are still a number of good coins and tokens !

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Godparticles
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August 05, 2018, 02:49:42 PM
 #783

I don't think this is a good choice. Although Ethereum is still in a downturn, you can see that all the cryptocurrencies in the market are like this. I believe that waiting for the market to pick up, then it will have a big rise. Space, and the ADA you invest in does not necessarily rise, the risk of investing it will be greater.
Atfirstno
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August 05, 2018, 02:52:07 PM
 #784

Well, I think you could have kept a part from the ethereum, there was not need to sell all of it in the first place, I thin ethereum will grow after a long time dropping, so it was a good option to hold both ada and ethereum in order to maximize profits.
rainmonsoon
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August 05, 2018, 02:55:01 PM
 #785

I don't believe much in Ethereum either, so I agree with you. Not sure if ADA is the best choice, as that project is a bit weird, and characterised between the big row between Cardano founder, who was involved with Ethereum, and also his row between the EOS CTO and everyone - picking just fights with many key people in the crypto world... Not convinced, and a huge "academic" group, too academic, lost of excessive research and tinkering, no simple, straight-cut solutions. Simply don't like it too much...!

Rather than Cardano, I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalk.org/index.php?topic=4431900.0. I dug really deep in their content, and it is really cool stuff Grin But don’t forget your own research!
ub27
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August 05, 2018, 02:58:32 PM
 #786

 ADA is no better than ETH. Both of these coins in the future will grow. But at current prices. ADA has a very cheap price. The next 1-2 years ADA can reach $ 10-20 is absolutely possible. ETH can not reach such price. can not achieve 5000-10000 $. If you calculate more profit. ADA is a good choice. Personally I choose to buy both of these coins
Urtaev
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August 05, 2018, 03:00:30 PM
 #787

You can sell any coin or token and buy another. The main thing is that this action in the end was a plus on income.

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yesyoupump
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August 06, 2018, 08:44:18 AM
 #788

Ethereum still mantains its value than ADA that is suffering a lot the bearish market!
I think this was a bad decision!

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Bikers
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August 06, 2018, 10:20:43 PM
 #789

I think it is not a good decision to sell Ethereum to buy ADA.  Ethereum is a fast developing system compared to ADA. To get a profit from ADA will take much longer time.
Sanitough
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August 06, 2018, 10:42:07 PM
 #790

I think it is not a good decision to sell Ethereum to buy ADA.  Ethereum is a fast developing system compared to ADA. To get a profit from ADA will take much longer time.
Not advisable even if you think that ADA is really developed well, you also need to learn how to diversify your money, ETH
has been proven profitable so why not still invest and just sold a portion to invest with ADA.
Kay94
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August 06, 2018, 10:45:21 PM
 #791

Selling your ETH to buy another altcoin is a decision which I think you are the one to know whether it will help you or not. Doing that means you have seen the potentials of the coin you are dealing with.

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Hct2005
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August 06, 2018, 11:00:33 PM
 #792

I think it is not a good decision to sell Ethereum to buy ADA.  Ethereum is a fast developing system compared to ADA. To get a profit from ADA will take much longer time.
You have a point as i look back the market of ADA, there is a downtrend causing it's price to dropped. Maybe holding ADA for a longer period of time is favorable rather than trading it on a daily basis.
ujinice
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August 08, 2018, 11:20:13 AM
 #793

I think it's still early to buy ADA because it will start working as a platform only next year, and what if doesn't work - it's a very risky for holders.
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August 08, 2018, 11:44:38 AM
 #794

You should have sold only half of your ETH coins. I think that sold all coins it's mistake, becauce it is necessary to diversify the portfolio. Buy 2 or more coins better than buy only 1 coin and wait when it multiply money.
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August 08, 2018, 12:07:26 PM
 #795

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 the decision to sell all ETH to buy ADA is a less precise decision, because if something happens to the coin you might get a big loss. Many people believe that ETH will increase again. So, if you want to sell ETH it might be better to sell it partially.

coolon
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August 08, 2018, 12:21:03 PM
 #796

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 also like more ada, the coin has great prospects for growth. However, I would not sell all the eth coin is also very good. I would buy ada by 70% and 30% eth.

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German Klimenko
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August 08, 2018, 02:04:55 PM
 #797

Perhaps this is a good idea, but it could happen the other way around. The situation with Cardano is still not clear. Market expectations are too serious and if they are not justified, the price may collapse.
xireKT
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August 08, 2018, 02:07:13 PM
 #798

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.

Welcome on board. I can't say it's the best decision you made even though I'm a strong believer of Cardano (ADA).

It's my all time favorite project though. GL to us all!
Kaller
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August 09, 2018, 11:53:01 AM
 #799

It could be a good move if ADA ends up doing good but I do not see the wisdom is selling all of your coins as good as eth and putting them in an altcoin that you are not very sure of how much it will last in the market. I am not one to judge so if you believe that this is the way that you can get the most out of your money then by all means go for it.
tdtduy
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August 09, 2018, 01:25:45 PM
 #800

I'm not sure that investing in the ADA at the moment is a wise decision. But I think selling ETH now is a good thing to do. There is a lot of negative news for ETH now and investors are afraid to spend money to buy ETH. Maybe in the next few months, ETH will drop in value. So selling ETH can make you less vulnerable. Wish you success with your decision.
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