Idea needed for my situation

[Cosbycoin]

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?

Well, you just cannot compare these two coins like there is no comparison between Bitcoin and BNB or Bitcoin and ETH. Of course ETH is more advanced as compared to BNB in terms of both trading volume and market cap. Eth has been functional across the world since long and is the second best coin in the market. This is not true about BNB. However when it comes to profitability, both have good gaining power.

[sana54210]

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.

Hacking happened with our own mistake and we should avoid those mistake which can make us regret in future, we should try to be wise and decide to live good traders life, now a day at this situation you should hold and invest your spare money into bitcoin which is good coin it has promising future and will make your get satisfied in about earning.

Absolutely you are right, If anyone like to get profit in the future there are really two ways only for them not to loss their coins or capital investment and that is hold and buy coins that has a potential to increase in the future. In this way, We are sure that the things we did is very safe and also we are doing savings in the future too.

It's better to aim for long term investment instead of chasing the market, chances of losing money each time you place your entry in a wrong projects, lots of investors needs to make a good assumptions and have a good faith with any coins that they've placed their money, if you can hold on you can see the results after some months or years of believing, it will bring good things when the pumped started to comes up strong.

More reason why we shouldn’t gamble with projects too, most especially when we have money that is very dear to us like that of op and we cannot afford to lose.

In a case like that, it will be best we just opt in for bitcoin investment straight without thinking twice because it is still the only investment we can rely on that even when the price drop lower than what we committed, it would not take long before the value bounces back to normal and give the investment more profit.

Which is why it is best op leaves the investment in bitcoin and look for opportunity of buying low and selling high at every chance he gets before those 2 months.

[redsun114]

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.

At what price have you got bitcoins and etherum  worth $5000+? If you were able to buy bitcoins under $5000 and etherum below $150 then their is no need for you to convert your coins in any other coins to maximize your profits but instead you can continue holding bitcoins and etherum on your wallet until the price is multiplies twice.

For example, if you bought bitcoins at $5000 then wait for them to reach $10,000. In this way you could at least double your capital and also the prices are quickly moving up as we can see from the graphs so you can surely have great profits if you continue holding bitcoins or etherum.

[upsidedown75]

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.

Hacking happened with our own mistake and we should avoid those mistake which can make us regret in future, we should try to be wise and decide to live good traders life, now a day at this situation you should hold and invest your spare money into bitcoin which is good coin it has promising future and will make your get satisfied in about earning.

Absolutely you are right, If anyone like to get profit in the future there are really two ways only for them not to loss their coins or capital investment and that is hold and buy coins that has a potential to increase in the future. In this way, We are sure that the things we did is very safe and also we are doing savings in the future too.

It's better to aim for long term investment instead of chasing the market, chances of losing money each time you place your entry in a wrong projects, lots of investors needs to make a good assumptions and have a good faith with any coins that they've placed their money, if you can hold on you can see the results after some months or years of believing, it will bring good things when the pumped started to comes up strong.

Long term investment is always a better solution for each financial problem but OP is having a financial commitment in 2 months so he might probably sell his investment that time so there are very less chances of long term investment at least for OP. In such situation, quick profits would be needed by the OP and usually there is higher risk in quick profits.

The longer we wait, the minimum the risks would be with higher profits. 2 months is not an high time to hold on but yet with the help of short-term trading or even day trading OP can make good profits by placing buy and sell orders understanding the markets.

[Dreamchaser21]

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.

So how do you think you can deposit if its suspended on binance?
Well, that’s a good plan though but you have to wait for Binance announcement about the activation of deposit. I do suggest to hold some of your BTC on your personal wallet since exchanges are now safe for storing money.

[calya]

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.

So how do you think you can deposit if its suspended on binance?
Well, that’s a good plan though but you have to wait for Binance announcement about the activation of deposit. I do suggest to hold some of your BTC on your personal wallet since exchanges are now safe for storing money.

after binance hacked they make announcement that temporary suspend deposit and withdraw feature.maybe wait till bitcoin correction finish and rebuy it on arond $6k and hold it for atleast 2 months could give you profits dude.holding bitcoin better than holding altcoin.

[aderidwan98]

Maybe you can try trading at bittrex or Okex, because both exchangers have almost the same quality as binance.

[adjed]

wow, is it $ 5,000 in ethereum and bitcoin? you better not convert it for other altcoins and keep hold of your ethereum and bitcoin. but everything also depends on your decision.

When someone want to make money from investing then they need to have volatile value then only can buy at low and sell it high but OP choosen stable currency which looks completely horrible.

[Malsetid]

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.

So how do you think you can deposit if its suspended on binance?
Well, that’s a good plan though but you have to wait for Binance announcement about the activation of deposit. I do suggest to hold some of your BTC on your personal wallet since exchanges are now safe for storing money.

after binance hacked they make announcement that temporary suspend deposit and withdraw feature.maybe wait till bitcoin correction finish and rebuy it on arond $6k and hold it for atleast 2 months could give you profits dude.holding bitcoin better than holding altcoin.

Better to just hold on to your btcs dude. Anyway if you're looking for profit, the current trend is probably more than decent for your 5k. If you've been holding on to that for a while now then you're likely to have more than doubled your capital amount. I think that's a lot better tjan exchanging it to usdt and bnb.

[Yamifoud]

OP wanting to play at binance even she know already the current status of Binance instead to look for another known exchanges. 
You have to do nothing but to wait until BNB  deposit will be open again.  But for now,  it is better to buy more BTC or ETH  while waiting, you can even trade them in Binance as well.  This just to have something rather to wait without nothing happen. It is just a waste of time IMO.

[BlackFor3st]

If you really want to pursue your plan then you can use the top 5 exchanges in coinmarketcap like Okex,Dobi and etc. Two months is still a long way and the market is keep on increasing so there is a big chance that you can still double your money within two months.

You are in the right track, just don't be greedy and you will surely reach your target as the market situation is in your side as of now.

[neonshium]

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.

Well, everything might be have risk. But Ethereum and Bitcoin is safe choice. Bitcoin is good to pick or maybe Ethereum when i post it before it increased more than 10% and people can be take profit, although me little late to sell mine.

That is wrong my friend. You have to take risk even if you are looking forward to investing in Bitcoin or ETH. The future of the money you invest in coins is really uncertain and I think that this is called risk. Though the risk you may face in ripple would be a bit more as compared to that you have to face in the best coins if you invest in them.

[Whosdaddy]

OP wanting to play at binance even she know already the current status of Binance instead to look for another known exchanges. 
You have to do nothing but to wait until BNB  deposit will be open again.  But for now,  it is better to buy more BTC or ETH  while waiting, you can even trade them in Binance as well.  This just to have something rather to wait without nothing happen. It is just a waste of time IMO.

Which other exchange is better than Binance or has the volume that will make his strategy work, Moreover, Binance is already over their issue and I think all deposit and withdrawal has been opened again, and if they had not even opened, I would have advised him to wait for Binance.

Not that I am saying we don’t have some good exchanges, but op, who is not new in this industry must have seen Binance as the best option for his game plan which is why he chose Binance if he is to be successful in it, so its not abut exchange, it’s about his strategy, if it will work or not irrespective of the exchanges used.

[OrangeSeller]

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?

Well, you just cannot compare these two coins like there is no comparison between Bitcoin and BNB or Bitcoin and ETH. Of course ETH is more advanced as compared to BNB in terms of both trading volume and market cap. Eth has been functional across the world since long and is the second best coin in the market. This is not true about BNB. However when it comes to profitability, both have good gaining power.

If you are confused in making decision what coin you should start with, you have to go with the most profitable one. The most profitable one is the Bitcoin and Ethereum as well because both have the power to give huge returns of our investments. Diversification is another good system to spread your investment in more than 2 sources but make sure you should do it with maximum of 5 sources for care.

[Fivestar4everMVP]

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.

well, I don't quite understand what you mean by financial commitment but if I should advice you, I did tell you to be very careful in the process of trying to double your money over night, though bitcoin and bnb prices have gone really up of resent so I want to Believe that this idea worked out for you quite well, but incase of next time, you gotta just be careful as to not go gambling with that little you already have, when investing, make sure you know what you are doing in order to avoid sad stories

[ricardobs]

If you really want to pursue your plan then you can use the top 5 exchanges in coinmarketcap like Okex,Dobi and etc. Two months is still a long way and the market is keep on increasing so there is a big chance that you can still double your money within two months.

You are in the right track, just don't be greedy and you will surely reach your target as the market situation is in your side as of now.

These coming two months can show us a immense growth in all major altcoins. There are possibilities that in these coming two months bull runs might approach which would land the price for bitcoins as well as all other altcoins onto moon. In the last one month, the price for bitcoins has nearly doubled so why can't we expect the same or greater than that in the coming 2 months? If we rationally think about it and denote most of our time and efforts in trading then I am damn sure that in the coming 2 months, any dedicated individual can make their pockets fill with profits and the same might re-invest to gain more benefits.

[FanEagle]

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.

At what price have you got bitcoins and etherum  worth $5000+? If you were able to buy bitcoins under $5000 and etherum below $150 then their is no need for you to convert your coins in any other coins to maximize your profits but instead you can continue holding bitcoins and etherum on your wallet until the price is multiplies twice.

For example, if you bought bitcoins at $5000 then wait for them to reach $10,000. In this way you could at least double your capital and also the prices are quickly moving up as we can see from the graphs so you can surely have great profits if you continue holding bitcoins or etherum.

I am 100% in support of your advice. What he has is what many people is hoping they have access to now for them to invest in bitcoin, especially now that we are already in the Bull run of bitcoin and the next 2 months of holding bitcoin will really have a very big increase.

I understand he has his commitment in 2 months, but it is better he leaves his fund in a market we can all attest to its increase within the next 2 months, than other markets that doesn’t have any guarantee of coming out of their dip till we see a proper bull which might take another 1 more year before they can increase the way bitcoin is increasing now.

[Best Dreams]

If you really want to pursue your plan then you can use the top 5 exchanges in coinmarketcap like Okex,Dobi and etc. Two months is still a long way and the market is keep on increasing so there is a big chance that you can still double your money within two months.

You are in the right track, just don't be greedy and you will surely reach your target as the market situation is in your side as of now.

These coming two months can show us a immense growth in all major altcoins. There are possibilities that in these coming two months bull runs might approach which would land the price for bitcoins as well as all other altcoins onto moon. In the last one month, the price for bitcoins has nearly doubled so why can't we expect the same or greater than that in the coming 2 months? If we rationally think about it and denote most of our time and efforts in trading then I am damn sure that in the coming 2 months, any dedicated individual can make their pockets fill with profits and the same might re-invest to gain more benefits.

You have shared good ideas and thinking with us and I am agree with you as well, that last year price was down but right after 4 months I have seen price rising more than double and now we can see with time passing price is getting better, so according to the current market I only would suggest every trader and investor to hold with patience and try to buy more if you get an opportunity.