Idea needed for my situation

[asyakashi]

I give other suggestions, it's good that you buy litecoin, because this year there will be halving and the price can reach more than $ 100. It is estimated that it will occur in August.

besides that LTC will also face halving, I agree with you.
like bitcoin halving ltc will cause a significant increase. I think this is the right time to buy.
DYOR

[GreatArkansas]

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?

Let me ask you question first, why BNB? I really don't trust any alt coins nowadays, it's really much better if you have your funds in BTC right now, it's so bloody for alt coins now and especially on BNB which reach new All time high last month and it's so risky for Binance now since the hack happened few weeks ago. Much better if you go first for BTC.

[michellee]

I give other suggestions, it's good that you buy litecoin, because this year there will be halving and the price can reach more than $ 100. It is estimated that it will occur in August.

besides that LTC will also face halving, I agree with you.
like bitcoin halving ltc will cause a significant increase. I think this is the right time to buy.
DYOR

LTC will be on my list to watch because LTC can increase so high before halving. Maybe the price can go high more than $100, and we still have a few months before August, and everything could happen. Right now, litecoin has a good start to rise although not much, but when the time is coming, litecoin will start to rally.

[Botnake]

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

You commitment is fixed, you have to face that, while the amount of money you have now, you will still have to risk it, to grow.
Well, that depends on how you manage it, but I would not risk this money anymore if I have to spend money for that commitment, you could loss as well.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?

Why USDT, I thought you want your money to grow, and why BNB, I think investors are still not confident with this coin, due to the recent hack.

[FanEagle]

I am not going to convert bitcoins into any other altcoins even if the price growth is slightly higher because bitcoin is more stable and can be trusted when compared to other good performing coins so we have to hold it and just sell it after two months later to get some decent profits rather than risking it for huge profits on trading.

I guess bitcoin just recognized his responsibility and decided to top up some profits for him to take and sort out his responsibility provided he has not sold it prior to now, but since he said his commitment is in 2 month’s time, then by now, he should have gained at least $1500 which he will still gain more than that before then with this great bitcoin momentum we are having to foot his needs without having to completely remove the $5000.

So for that advice of waiting for that 2 months more before selling, has to still be carefully handled, because within that same 2 months, we might still experience a dump that will make is investment static or even lower.

[bonker]

Why USDT, I thought you want your money to grow, and why BNB, I think investors are still not confident with this coin, due to the recent hack.

I think he want to lose some of his money that is why decided at this level.

[--DarkSecrets--]

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Being in the usdt right now is a bad choice as well as BNB the recent issue is a big problem that cause a dump. I think you have some misconception about what you really want to have in trading. A piece of advice right now if you will ask me i will not buy Bitcoin or BNB its too risky, what is better the altcoins.

[Ayiranorea]

Make the investment into ethereum, right now ethereum is beginning its growth phase. If you're in need for more money out of the $5k+ worth of bitcoin continued buying and selling is the only possibility. These days there is continued price fluctuation, when you are more observing it is possible to buy low and sell high. Continuing this overcoming the risks might help you in earning, also it is possible only if you spend full time in front of the trading desk.

[exstasie]

Why USDT, I thought you want your money to grow, and why BNB, I think investors are still not confident with this coin, due to the recent hack.

USDT is a bad choice to hold at any time......agreed there.

However, BNB just made a new ATH today (in dollar terms) and gained like 20% against BTC earlier today. It seems like the market has already put the hack behind them and is still bullish on Binance.

[Nasty23]

I have around 5k+ USD worth of bitcoins and ethereum in my personal wallet. I have some financial commitments in next 2 months, so I want to utilize this money make it as something higher that amount I am holding.

I am planning to take that fund to binance and convert half of the bitcoins as USDT and half portion as BNB?
Will it be work bigger in some weeks or months? Then deposit and withdraw are suspended on Binance, so which exchange will be I need to choose to do the same idea above!

Please give me the best suggestion which you feel good for my situation.

Being in the usdt right now is a bad choice as well as BNB the recent issue is a big problem that cause a dump. I think you have some misconception about what you really want to have in trading. A piece of advice right now if you will ask me i will not buy Bitcoin or BNB its too risky, what is better the altcoins.

Agree, it's better to choose now is the altcoins because we know that Bitcoin are already achieve new highs after the recent dump on which can be dump anytime for the correction of it and BNB recently got hacked but it already achieved new ATH as of now on which also can dump anytime if you didn't buy those coins before it goes pump it's better to choose the altcoins but if you hold it already you already got a profit as of now.

[babysweetTiger0401]

I give other suggestions, it's good that you buy litecoin, because this year there will be halving and the price can reach more than $ 100. It is estimated that it will occur in August.

besides that LTC will also face halving, I agree with you.
like bitcoin halving ltc will cause a significant increase. I think this is the right time to buy.
DYOR

Litecoins is one of the pioneering altcoins in crypto trading, I remembered during the time when Bitcoin pumped way back 2017 it kicked the price of litecooin into a highest price in the market. So, I think it will happen again or more, therefore buying Litecoins for now is one of the good idea I guess. But not my priority to hold, instead Ethereum, Bitcoin, Utrust, Npxs, and Neo are my priority to hold for now.

[perla]

I think ETH still good to invest, i mean at least ETH still have chance to up again and it is safer to invest. But once again, DWYOR, both do with your own risk, or do with your own research will be used in investment.

[asyakashi]

I give other suggestions, it's good that you buy litecoin, because this year there will be halving and the price can reach more than $ 100. It is estimated that it will occur in August.

besides that LTC will also face halving, I agree with you.
like bitcoin halving ltc will cause a significant increase. I think this is the right time to buy.
DYOR

Litecoins is one of the pioneering altcoins in crypto trading, I remembered during the time when Bitcoin pumped way back 2017 it kicked the price of litecooin into a highest price in the market. So, I think it will happen again or more, therefore buying Litecoins for now is one of the good idea I guess. But not my priority to hold, instead Ethereum, Bitcoin, Utrust, Npxs, and Neo are my priority to hold for now.

Don't forget ethereum! today eth is increasing and this is like a bomb. Ethereum is the king of the ICO project and the community is very large. I suspect confidence in the ICO will recover and investors are increasingly confident with ethereum. we just wait this will continue.

[Natalim]

Don't sell yet, enjoy the bull run the price will continue to rise.
You need more money in 2 months, for sure if the bull run will not stop, you might double your investment, or even more.

ETH just pump today with a 20% increase, it's a good start.

[Adhichan]

Don't sell yet, enjoy the bull run the price will continue to rise.
You need more money in 2 months, for sure if the bull run will not stop, you might double your investment, or even more.

ETH just pump today with a 20% increase, it's a good start.

if courage to hold our minus we have to courage to hold our profits too.most investors strong while they hold their loss , but when they see its become profit they immediately sell it.

[BlueStackz]

Why USDT, I thought you want your money to grow, and why BNB, I think investors are still not confident with this coin, due to the recent hack.

I think he want to lose some of his money that is why decided at this level.

Perhaps, he just doesn’t really know USDT stands for and what it is also used for, because if he does, I am sure he will not be looking at stable coins for investment out of many great coins he would have invested in.

More so, I still don’t even get the gist as to why he is planning to even take out of bitcoin which is the major coin that everyone is looking up to for any reliable investment ever.
Anyway, if he is to listen to advice, its better he just leave the coin in bitcoin because I am very hopeful that within the next 2 months, his investment would have already clocked to about $10,000 because as at the time he posed this, I think he seems to have 1 BTC already.

[SirLion]

During this bull run, it will be mistake to sell BTC and ETH - you will be able to sell it in 2-3 months twice higher, than current price. Catching the highest point, think about invest your 5k USD.

[GreatArkansas]

I think ETH still good to invest, i mean at least ETH still have chance to up again and it is safer to invest.

It's still risky for ETH to enter now since ETH is overbought now. But for long term, ETH is good rather than BNB, Ethereum is also following Bitcoin price movements even Ethereum is considered altcoins, compare to other altcoins when BTC and ETH pumps, some altcoins are dumping. You guys noticed that?

[eternalgloom]

I give other suggestions, it's good that you buy litecoin, because this year there will be halving and the price can reach more than $ 100. It is estimated that it will occur in August.

besides that LTC will also face halving, I agree with you.
like bitcoin halving ltc will cause a significant increase. I think this is the right time to buy.
DYOR

Suggestions like these really won't help anyone, you can't predict the price, for all you know someone loses a bunch of money because they followed your advise here.
Estimations don't mean anything in the crypto world, cryptocurrencies are extremely volatile assets.

The only advice i would give to OP, is to perhaps look at other exchanges than Binance and don't actually hold any coins on there, just keep them in your own wallet.
Whenever you are ready to cash out, do so at an exchange that has trading pairs with fiat currency, not USDT.

[jrrsparkles]

I think ETH still good to invest, i mean at least ETH still have chance to up again and it is safer to invest.

It's still risky for ETH to enter now since ETH is overbought now. But for long term, ETH is good rather than BNB, Ethereum is also following Bitcoin price movements even Ethereum is considered altcoins, compare to other altcoins when BTC and ETH pumps, some altcoins are dumping. You guys noticed that?

Low market cap coins were dumped to buy ethereum and bitcoin,its just normal when the market seems bullish and this time only those useless coins will get out of the market due to no usability.For OP you should hold bitcoin rather than converting into USDT because you are not going to make anything in two months or two years from USDT,it will just stay same or will get dumped.