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Author Topic: time to change BTC to ETH?  (Read 3401 times)
Eugen225 (OP)
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August 31, 2019, 02:03:42 PM
Last edit: September 11, 2019, 09:17:22 AM by Eugen225
 #1

ETH is now in an extremely low position. How good is the idea to buy it now?
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August 31, 2019, 02:05:36 PM
 #2

The ether is now in an extremely low position. How good is the idea to buy it now?
One can take the risk since the price is very low. ETH has this history of bouncing back from 0.026 to 0.086+

That time I had some ETH which bought at the rate of 0.086BTC. I know how hard the time was when I was seeing ~0.026 BTC ETH price. I held and held until it reached to 0.086BTC. I sold all of them just to get my BTC back lol

 
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August 31, 2019, 03:29:26 PM
 #3

I would rather hold an etheruem now because it has really gone down and waiting for popping up. Buying more should be a good business investment.
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August 31, 2019, 06:07:30 PM
 #4

at this time Ethereum's price is very wrong, but hold it in a moment until Ethereum hits the price of $ 170, when Ethereum prices reach $ 170 / coin that's the time you can exchange your Bitcoin and buy Ethereum.  Ethereum is one of the best coins in the world, so when the price drops it won't last long.

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August 31, 2019, 06:23:43 PM
 #5

The ether is now in an extremely low position. How good is the idea to buy it now?
Buying cryptocurrencies at the low price is good idea but ethereum looks not developing in terms of value for very long period while other coin especially Bitcoin doing good so converting your Bitcoin to buy low performing coin is really bad idea if you have y money to invest on the cryptocurrencies then buy ethereum now just keep your Bitcoin as it is.

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August 31, 2019, 10:57:13 PM
 #6

I would rather hold an etheruem now because it has really gone down and waiting for popping up. Buying more should be a good business investment.

And I would rather hold Bitcoin. It's an obvious truth that if Bitcoin goes up ETH could but if Bitcoin goes down ETH will go down for sure and it will suffer a much greater hit.

 I'm always for holding Bitcoin than altcoins if you have to choose and don't want to hold both. I have ETH and BTC but wouldn't sell BTC for ETH.
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August 31, 2019, 11:32:38 PM
 #7

The ether is now in an extremely low position. How good is the idea to buy it now?
I think still good. Because usually ETH price follow bitcoin when it's get pumped. If me i still hold some and when price down like this, as trader usually they can take advantage maybe buy some and prepare for  back up. Maybe it is commond and already said by a lot of people. But that is still considered as strategy. And at least still better than not do anything except panic and make bad decision.
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September 01, 2019, 06:12:47 AM
 #8

Eth price is cheap and this is the best opportunity to buy more ETH. But for me i will not change BTC to ETH because BTC is my main focus investmen in crypto. I prefer other options for buying ETH.
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September 01, 2019, 06:47:36 AM
 #9

The ether is now in an extremely low position. How good is the idea to buy it now?

you and many others like you have been saying this for the past 2 years each time ETH price drops another 10% to 15% and so far each time you say it the price falls another 10% to 15% right afterwards, the result is a total of about 90% dump which is not even slowing down.

the problem is, ETH has an unlimited supply with no demand ever since the ICO hype died and other platforms starter replacing ethereum platform!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 01, 2019, 06:55:11 PM
 #10

If we look from a holders perspective both BTC and ETH are good to hold in a long term perspective. But, for short span I do not think it is a right time to convert BTC holdings to ETH.

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September 01, 2019, 11:23:47 PM
 #11

ETH is somewhat to say that it becomes the underdog at this time and have to see that the price isn't really entertaining and looks attractive. I don't how it becomes a foolish thing to do if we convert BTC to ETH, it is a big risk into our side. Will never know what ETH can do in the next days, besides having BTC there is a guarantee that we can make gains as it surely bouncing back which we couldn't find it with Ethereum at this time.
No matter what will happen, I'll stick into BTC.
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September 02, 2019, 04:45:28 AM
 #12

The ether is now in an extremely low position. How good is the idea to buy it now?
I don't think it is a good trading strategy to sell Bitcoin for any coins including ethereum in this bearish market. Ethereum has no market of its own and most times it follow more than any other coins. You can buy ethereum with any other coins including the fiat currency but flip Bitcoin for ethereum is what I will not do.
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September 02, 2019, 05:57:03 AM
 #13

The idea to buy ethereum right now is good but that only if you have more money to spend. You can buy both bitcoin and ethereum now as the price is not too high depends on a few months ago. Ethereum itself now is drop too deep, and if you can spare more money, I think you can get more ethereum. But perhaps, you might consider buying bitcoin only because bitcoin is the main cryptocurrency that will increase so high in the future. Although ethereum have a chance to grow, we don't know when it can increase so I think it is better to stick with bitcoin and buy more bitcoin.

If you have skills, I think you can go to choose bitcoin first and make a trade bitcoin pair usdt, and if you can get a profit, then you can use the profit to buy ethereum. That will be good so you can have bitcoin and you also have ethereum, but that will be up to you.

 
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September 02, 2019, 07:02:02 AM
 #14

now that bitcoin price has gone down https://www.coingecko.com/en/coins/bitcoin
it was better to do that few weeks ago back
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September 02, 2019, 07:14:39 AM
 #15

The ether is now in an extremely low position. How good is the idea to buy it now?
Buying in the dip for me is really not advisable, why? Because if for example if the 'extremely low position' you mean is around the support area of Ethereum, then what if we will still continue to the super extremely low position? Well, every trader has a different technique or way on how they trade, but that is just my 2 cents.
Just be careful now, Bitcoin dominance is starting again to rise, this could be a disaster for altcoins if it will continue to soar up, that's why I am still all in on Bitcoin now.

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September 02, 2019, 12:17:04 PM
 #16

The ether is now in an extremely low position. How good is the idea to buy it now?
I will say yes, but not for short time current ETH price good to buy and save it for long time at least for 1years. Ethereum ATH is approx $1,400 USD on Jan 2018.
I will answer the thread title no, I will keep both.

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September 02, 2019, 12:21:59 PM
 #17

Don't get me wrong, I love and believe in ETH. It's true that ETH is only 15% of what is was at its all time high and BTC is roughly at 50% of its all time high. However, you can also make the argument that ETH was overvalued because of ICOs in the first place, so the current price is fitting.
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September 02, 2019, 01:06:26 PM
 #18

The ether is now in an extremely low position. How good is the idea to buy it now?

Now, everybody will start to suggest for you variants, and you might be lost. Simply sit down and take a list of paper to write down there the schemes - all possible variants of the future scenario. However, now, it is difficult to foresee with these (exactly, these - Ethereum and Bitcoin) cryptocurrencies as Bitcoin halving and Ethereum 2.0 are ahead, and we are waiting for 2020.
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September 02, 2019, 07:47:25 PM
 #19

The ether is now in an extremely low position. How good is the idea to buy it now?
I think buy is good. Maybe only need time until ETH will get high price again. But for change BTC to ETH i think do investment on both of it will be better. At least safe investment on 2 coin is good because there are a lot of chance to get profit and less risk. But if want to invest more, maybe other top 5 coinmarketcap can be options. And make small amount money in tokens is not a bad idea too.

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Lanatsa
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September 02, 2019, 09:43:01 PM
 #20

The ether is now in an extremely low position. How good is the idea to buy it now?
I don't think it is a good trading strategy to sell Bitcoin for any coins including ethereum in this bearish market. Ethereum has no market of its own and most times it follow more than any other coins. You can buy ethereum with any other coins including the fiat currency but flip Bitcoin for ethereum is what I will not do.

If you don't think it's a good idea right now, better hold both eth and bitcoin instead of dumping because of panic. Sometimes taking rish and quicker decisions isn't good enough as a solution, but rather a headache in a long run. Because of regrets, we tend to act emotionally.
Emotion is really a big factor that do affects our trading or investment.Sometimes we do base out on our decision thru intuition or on point doubts.
Its true that rather than on choosing among the two then why not to choose both for having no headache at all.Going all in on one side doesn't give out confidence but rather a stressful thing to mind of but somehow among the two BTC is been mostly supported so theres no doubt about it when it comes to future or longer runs but to divide out the risk then ETH isn't a bad choice either.You do have the full control of your funds and its up to you on how you would manage it.

R


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