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Author Topic: Stay in waves or convert them to ethereum?  (Read 472 times)
Em00n01 (OP)
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May 02, 2020, 11:04:39 PM
 #1

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?

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May 03, 2020, 12:37:07 AM
 #2

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
Waves is lack of volatility and I guess even if this project release a big update and it gives nothing to the price. It's better for you to convert your waves to the ethereum as there was a chance to get the hype but becareful with the dump that caused by people will sell after the halving of bitcoin end.

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May 03, 2020, 01:44:27 AM
 #3

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
You mentioned a good number of Waves, I recommend to convert only half of it if you need to convert, Waves already reached $5 in their all-time high, there's a possibility that it could happen again but in terms of profit, Ethereum has a good chance for huge profit than Waves.

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May 03, 2020, 06:03:34 AM
 #4

Waves is a shitcoin and seems like the OP was fooled to buy their team and their promises. Undecided

Ethereum is no less a shitcoin but I guess its better to hold that unless you want to buy bitcoin. However at the price you quote, it seems it is now 10% of its buying price. So selling your lot at this price means getting back 10% of your buying amount only. If you are happy with that and want to finally let go then its your choice. If you ask me, I would rather bring in more capital for buying bitcoin or ether, taking your case on point. There is always hope for a bullrun in future and altcoins to rise where you could be able to sell those waves at break even prices.

R


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May 03, 2020, 06:20:57 AM
 #5

If I were you I would have called have converted it to ethreum when the market was in a big dip. Waves has lost it's momentum and believers unlike two years ago when it was seen to be one of contestants with ETH   i would prefer to remain in ETH than in waves.
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May 03, 2020, 06:40:50 AM
 #6

You might've lost slightly from the bitcoin rates but if you break even in terms of fiat value then convert it. Or if you're that desperate to make the switch while at a slight loss
that's for you to decide. Imo I don't see any bad decision from staying or switching since you could possible get those back from ethereum as it follows the trend of Bitcoin. If you stay on waves it could still recover temporarily since the prices have been up and down recently.

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May 03, 2020, 06:53:34 AM
 #7

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
I wished you converted in 2018 around January to March or just take your profit, waves all time high was 18$ and now it's trading at 1$, to see that kind of surge again depends entirely on Bitcoin movement in future, though ethereum is better than waves, sorry for your loss

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May 03, 2020, 07:19:02 AM
 #8

Waves is a good coin (as good as a shitcoin can become) with a very shity promotion department.

While there are (were) complete shits like bitconnect and bcash around, I'd say promotion is usually more important than usefulness.

That's where ethereum shines. It has a public figure like Vitalik who talks a lot and keeps the attention on eth. (That may become a disadvantage easily if Vito gets covid19 and dies)

I probably wouldn't touch any of those but If I had to choose one I would choose eth.

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May 03, 2020, 07:32:47 AM
 #9

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
I have my bias and will tell you to have Ethereum. But it's you, if there's nothing left anymore and you are doubting that Waves will recover even close to the bought price, sell it and just go with Ethereum.
But, if you think that there's more left for Waves and it can go back a bit, hold it then.

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May 03, 2020, 07:38:38 AM
 #10

Can you remember your excuse before you bought the coin?

What makes you interested when bought waves?

These question is required to be answered before you compete waves and ethereum.

Remember when you made something then you need to make an evaluation by yourself, it doesn't matter you got lose or you got profit. Don't ask the user here because it will have different cases.
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May 03, 2020, 08:10:58 AM
 #11

I think the obvious choice is to jump to Ethereum. As much as you'd think that at one point waves will pump, but the past and current performances indicate that waves will die out relatively soon, just like hundreds of dead projects. It's not that it is scam, but just that not all projects make the cut to the top position. Same as in startup projects. 95% of them fail even with all the efforts. So I guess just move on and be involved in Ethereum and Bitcoin. Safest bets in crypto IMO.

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May 03, 2020, 08:20:32 AM
 #12

Waves are not that good coin anymore for hold a long time! You may convert it in Ethereum or in ChainLink! As you realized, holding Waves is not giving you good profits, but Ethereum has much potential. Once I just loved the Waves network and had great hope on it. But I moved on about a year ago and now I have more profit than before. Sometimes you have to forget the past to go forward, old Waves is not the same as now!

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May 03, 2020, 08:27:00 AM
Last edit: May 03, 2020, 08:43:59 AM by AmoreJaz
 #13

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
You mentioned a good number of Waves, I recommend to convert only half of it if you need to convert, Waves already reached $5 in their all-time high, there's a possibility that it could happen again but in terms of profit, Ethereum has a good chance for huge profit than Waves.

he will be losing a lot i guess, but i may also do the same. thought not 50-50 but maybe some of it i will convert to eth. what i am impressed with waves is that the team are still active even on their thread here. they tried to improve even their dex as they migrate it to waves.exchange, however, they are still lacking with marketing. but i have the feeling that they still have hope to increase their value. the price right now is really not favourable to those who bought it before like OP. your patience and optimism will be tested here

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May 03, 2020, 08:32:26 AM
 #14

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?

Waves were the altcoins of a period that were seen as huge potential. But he never made the big bang expected.

ETH 2.0 is expected to be announced soon in Ethereum. It is expected that the total amount of ETH may be restricted or the amount of ETH to be distributed annually will be limited to a certain amount.

When we evaluate it in this way, I think that ETH may be a more rational investment.

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May 03, 2020, 09:18:39 AM
 #15

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
Do you also have statistic of the price you bought it in fiat value and the year you bough it. 0.00135 each I guess  you bought it way back 2017 or early that's the last time I see the price of waves go in  that price.

In terms of development I didn't  expect much in waves, even those project with ICO and IEO right now never use waves platform. So how this coin will have the demand they needed to increase its price if no one use the platform.

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May 03, 2020, 09:36:18 AM
 #16

You mentioned a good number of Waves, I recommend to convert only half of it if you need to convert, Waves already reached $5 in their all-time high, there's a possibility that it could happen again but in terms of profit, Ethereum has a good chance for huge profit than Waves.

This happened when Sasha Ivanov announced partnership with Vostok and promissed to run an airdrop to each waves holder. Yes, the airdrop was made, but it was also mentioned that Vostok will be supported with Russian government (this never happened and was never confirmed). Plus waves founder sold part of his waves holding when the price was high. I think this could be called as betrayal.

R


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Kvalentine
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May 03, 2020, 09:58:42 AM
 #17

Waves is not good enough but the team are to be blame for this, waves features and use cases aren't bad but the team aren't putting in more efforts, you should convert your coins to Ethereum or face more downfalls

Anonylz
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May 03, 2020, 10:12:45 AM
 #18

I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.

I bought each waves at BTC0.00135 and current price is BTC0.00012+

Should i stay in waves or convert them to ethereum?
I wished you converted in 2018 around January to March or just take your profit, waves all time high was 18$ and now it's trading at 1$, to see that kind of surge again depends entirely on Bitcoin movement in future, though ethereum is better than waves, sorry for your loss

I guess seeing that ATH makes some people believe it was worth holding, i knew waves long ago and it is not as fast as other coin interns of price movement, too slow in my opinion, selling now will mean losing some amount, waves don't have so much enthusiast as eth and other coins does, so to me i would say sell and buy btc to recover, halving is fast approaching you never know how price will react.

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patz22
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May 03, 2020, 10:37:27 AM
 #19

You should have cut your losses when you are down like 20-30% of its value and now, with the state of it, it is better to forget about it for a while and wait until it bounces back, 3 years ago, I also thought that waves can be the next ETH but it seems like the development didn't continue, this is just my insight since I don't see any results from them.
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May 03, 2020, 10:46:06 AM
 #20

Waves is not good enough but the team are to be blame for this, waves features and use cases aren't bad but the team aren't putting in more efforts, you should convert your coins to Ethereum or face more downfalls
Why do you blame team waves? Do you see that they are not working and are not trying to do better? because until now Waves tokens are still eligible to be categorized as good tokens, although they often experience price declines.

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