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Author Topic: I sold 32 Eth for BTC...now I’m wanting those Eth back. Wait?  (Read 845 times)
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May 20, 2020, 04:02:24 AM
 #41

I would suggest you to leave as it is in BTC because ETH is not showing any positive movements over the couple of months, similarly BTC is moving up even after the halving looks like some miracle is happening.

None of the other coins are performing so good except BTC so think before deciding, because at the end of the day it's up to you.
holding bitcoin might be a better idea than ethereum. although I feel that the potential of ethereum may be greater than bitcoin, but we are waiting for a definite increase, and bitcoin is the closest thing to that. however, bitcoin or ethereum, I think it's the same thing. to be honest, right now I'm more towards ethereum than bitcoin because of some considerations.

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May 20, 2020, 05:42:41 AM
 #42

Well it is difficult to predict when will Eth get down below $200 price because the price is already high there is a chance that it may go down. It's better that you have set stop loss to prevent of losing more money.
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May 20, 2020, 06:49:46 AM
 #43

I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I’m FOMOing, because I’m thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.
I highly recommend that you should not buy now. Because 2 consecutive months the market is only green and there has been no adjustment. Don't see the price rise and be greedy, it's the biggest lesson I've ever learned. The market is sideway to lure gamblers into margin trading, after which they will be killed by Long and Short and then the market will collapse. Buy at a lower price, I predict ETH could fall to $ 170 and $ 165 early in June.

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May 20, 2020, 08:39:26 AM
 #44

Great suggestions. Thanks.
If you have got enough advice and decided which to follow mate,i think there's no need for this thread to continue and better Lock this now.

otherwise you will only lure spam and generic  posting and no healthy discussion to follow,But of course thats your action since this is your thread or Mods might Lock this for same reasons.









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May 20, 2020, 11:53:00 AM
 #45

Another day another story. You thought you would make money in crypto did you not? My advice. Keep your crypto (bitcoin) and just do not ever trade again. You will only lose fees, and immediately be in loss hoping for ETH to climb back up over BTC.

Just save yourself the worry, withdraw the btc to your own wallet and check back in 1 or 2 years.

.
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May 20, 2020, 12:02:13 PM
 #46

In my opinion just leave it in the form of BTC, because the price of bitcoin is also rising. If you want to invest in ethereum,
buy again with extra money you have. But wait ethereum prices to fall below $ 200, so we can buy at low prices and get
maximum profit.

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May 20, 2020, 02:22:11 PM
 #47

In my opinion just leave it in the form of BTC, because the price of bitcoin is also rising. If you want to invest in ethereum,
buy again with extra money you have. But wait ethereum prices to fall below $ 200, so we can buy at low prices and get
maximum profit.
It sounds good but OP will get less from the volatility of bitcoin market consider about there was no a pump and dump like what happened with altcoin. It's better to convert some bitcoin back to the ethereum and try to leave the rest in bitcoin form.

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May 20, 2020, 04:35:50 PM
 #48

Now holding bitcoin is good, but having ethereum is also good going forward. I think maybe you can buy ethereum in half and leave the other half for bitcoin.
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May 20, 2020, 07:19:44 PM
 #49

I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I’m FOMOing, because I’m thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.

This is crypto market my friend anything can happen and we cannot predict price exactly however i will suggest you to buy more eth again with fiat if you have some extra cash and keep the btc as well because we all know btc does have that first mover advantage so even if you want to flip you can do that near new peak but if you are concerned about gains in usd terms only then you can switch back to eth because im expecting serious bulls for eth/usd in coming months.

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May 21, 2020, 03:07:27 AM
 #50

Now holding bitcoin is good, but having ethereum is also good going forward. I think maybe you can buy ethereum in half and leave the other half for bitcoin.
I think it's better if he must wait for the signal that will appear in the market before try to convert back his bitcoin into the ethereum. there are so many big news that can be used to bet on ethereum but the problem is he must not take the wrong position to be able get the profit from the bullish trend.

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May 21, 2020, 03:27:49 AM
 #51

You already switch to bitcoin so dont regret doing it because for me its not a bad decision. Seeing the price of crypto turning ups and down is quite normal thus there's no need to panic especially you're holding a top coin.

If you want to hold some eth again then better use fiat and let your bitcoin stay still. Wait for a price decline then take advantage, eth 2.0 can be a reason for the price to increase but still its not certain, if you believe in eth just buy and wait until it soar high.

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May 21, 2020, 05:16:24 AM
 #52

Now holding bitcoin is good, but having ethereum is also good going forward. I think maybe you can buy ethereum in half and leave the other half for bitcoin.
I think it's better if he must wait for the signal that will appear in the market before try to convert back his bitcoin into the ethereum. there are so many big news that can be used to bet on ethereum but the problem is he must not take the wrong position to be able get the profit from the bullish trend.
The drawback of this method is, when the signal appears, the ethereum price may pump and be late to buyback. maybe he can buyback, but the amount will not be more than 32 ethereum. Think about it now, however, the current situation is still difficult to predict.
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May 21, 2020, 05:25:19 AM
 #53



Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?


If i were to choose?personally i will take my Ethereum back instead of Holding BTC because i already have enough
 Bitcoin in my wallet that sits for year now and having ethereum is my another
option since i am waiting for the 2.0 version of ETH this year or next.


i fail from ETH back in 2018 because when i saw the market falling in the end of 2017 i though everything will falls
 down so what i did is sold my Ethereum and Bitcoin and wait for the dump
 again but the sad part?this coin make a Hype in the next year at January so my regrets really flows in my heart
 and mind promising this will never happen again.

so if you will take my advice?better get eth back and just keep holding for the whole year if you can at least
 sustain your living not thinking of your crypto investments.

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May 21, 2020, 05:26:54 AM
 #54

Now holding bitcoin is good, but having ethereum is also good going forward. I think maybe you can buy ethereum in half and leave the other half for bitcoin.
I think it's better if he must wait for the signal that will appear in the market before try to convert back his bitcoin into the ethereum. there are so many big news that can be used to bet on ethereum but the problem is he must not take the wrong position to be able get the profit from the bullish trend.
The drawback of this method is, when the signal appears, the ethereum price may pump and be late to buyback. maybe he can buyback, but the amount will not be more than 32 ethereum. Think about it now, however, the current situation is still difficult to predict.

I think OP has another extra funds to buy 32 ETH if in case his BTC is not enough to buy 32 ETH.
The only important here is if we believe that ETH will pump, once the ETH 2.0 will be launch, we can always consider buying ETH at any moment now since the price is still cheap, if you have that instinct just go for it as sometimes it could hunt you when it will lead to a big regret of not buying.

It's all about instinct because in reality the market is very unpredictable.

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.

As the schedule is approaching, I would not expect for ETH to drop below $200, but I could be wrong, it's really up to the OP and he should based on his personal analysis and not from random people.

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May 21, 2020, 11:54:19 AM
 #55

Now holding bitcoin is good, but having ethereum is also good going forward. I think maybe you can buy ethereum in half and leave the other half for bitcoin.
I think it's better if he must wait for the signal that will appear in the market before try to convert back his bitcoin into the ethereum. there are so many big news that can be used to bet on ethereum but the problem is he must not take the wrong position to be able get the profit from the bullish trend.
The drawback of this method is, when the signal appears, the ethereum price may pump and be late to buyback. maybe he can buyback, but the amount will not be more than 32 ethereum. Think about it now, however, the current situation is still difficult to predict.

Its ok if he know to play the game since he earn back again by trading it again to earn on next action but if he settled for that well maybe its best rather than losing again if he doesn't know on how to trade it carefully.

Situation is really hard to predict but if you know how to read the charts you will get a hint on when to do the actions.

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May 21, 2020, 01:18:19 PM
 #56

You should not doubt with your decision and just believe with future possibilities. Bitcoin is way too good to invest rather than ETH so don't regret with your decision. Long-term will be good strategy and don't easily panic if a big dump will occur, just trust the process. Halving event will be have great impact and I'm sure huge holders are not turn around with BTC. If you have enough money, if BTC rise then buy again ETH if you want.

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May 21, 2020, 04:47:31 PM
 #57

This is a difficult choice, bitcoin and ethereum are my favorites. Bitcoin has a risk of sharp increase and decrease, if it falls then bitcoin is also easy to recover. Ethereum is not too aggressive at this time even though the market is good, but ethereum will go down far enough when bitcoin is slightly corrected. Maybe having both of them would be better.
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May 21, 2020, 07:29:12 PM
 #58

I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I’m FOMOing, because I’m thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I’m saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.
I will say 50/50 is a good choice, so try to buy 16 ethereum and hold the remaining in bitcoin by this you can reduce the risk of losing which may slightly affect your profit margin as well.









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May 22, 2020, 07:05:14 AM
 #59

Coins flipping do not really make you money and flip ETH to bitcoin seem you are doing the same thing. Bitcoin and ETH are always moving in the same direction and at that I rether stay with bitcoin.
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May 22, 2020, 11:01:28 AM
 #60

Coins flipping do not really make you money and flip ETH to bitcoin seem you are doing the same thing. Bitcoin and ETH are always moving in the same direction and at that I rether stay with bitcoin.
I like Bitcoin and ETH differently, sometimes it's better to invest more in Bitcoin and sometimes it's better to invest more in ETH, you need to watch the market situation.
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