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Author Topic: Is It The Best Time to Sell Ethereum (ETH)  (Read 713 times)
lienfaye
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September 16, 2020, 03:29:37 AM
 #21

As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
You're the only one who can decide and answer this question. Are you contented with your profit? If yes then sell to have no regrets if ever the price plunged (but hopefully not). You can also take your capital (so you wont lose it) and let the 20% of your profit stay for future increase.

However if you believe in eth then for me its better to wait further for bullrun, it will happen but it takes time. But this is if you have patience to do so.

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codpku
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September 16, 2020, 03:36:47 AM
 #22

For 20% of profit if thats was me i will sell it right now because the price still go down i think
With that 20% profit you can use it to buy at lower price than now or you can buy another coin that have a good future to spend
Ethereum still have a good future ofcourse with ethereum 2.0 and with all defi hype that use ethereum blockchain
So its all up to you, choose wisely

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September 16, 2020, 03:38:52 AM
 #23

I think it lasts much longer because I think etherum will have a big increase next year. or else, sell now if it is profitable, and be sure to buy again. because the market is volatile, it is possible to buy at a slightly lower price again. because next year will be a good year for etherum.
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September 16, 2020, 04:21:11 AM
 #24

I dont think its selling time. Were bit closer to end of month and in 3 months there are lots of things that will happened in thr crypto market that we can expect to change. Eth reaches 481 price and drop down I think if the bull season hit it could reach near ATH. Thats gonna be a good profits when happened.

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September 16, 2020, 04:22:32 AM
 #25

I think it lasts much longer because I think etherum will have a big increase next year. or else, sell now if it is profitable, and be sure to buy again. because the market is volatile, it is possible to buy at a slightly lower price again. because next year will be a good year for etherum.
current ethereum price was good enough , maybe we will not see this price again. better to hold ethereum , moreover this is major coins that have huge community. i am worry when we sell eth and got profit 20% , price continue goes up and we lost profit opportunitity again.
everyone has a plan in what investment is made. Even though it only gets a 20% profit, I think when it is already the satisfaction of investors it will not be a problem.
but if you're too worried, you can sell some and hold onto the rest. if there is a decrease then you can buy it. if there is an increase you can still feel the benefits.

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September 16, 2020, 04:26:47 AM
 #26

Why, current time is for selling when the btc will keep moving up and may even cross 11k soon and with this ETH may rise above 400$ in coming time so it is ideally time to buy unless those who are very pessimist that the fall is on cards and market will crash then only they can buy else better to hold or buy it.

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September 16, 2020, 04:29:09 AM
 #27

I doubt that you will find the right answer here, I would advise you to take profit and put a stop loss, even if you are not a trader.
Even if you doubt the answer he needs, in general he has found the right answer for himself, indeed your advice is good to consider, only if for traders who frequently monitor the market manually, what you say is not needed at all.
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September 16, 2020, 04:55:45 AM
 #28

As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?

The decision to sell or hold for some time depends on our own analysis. Ethereum is still the king in altcoin and I think yesterday's decline in prices was not only experienced by ethereum, it was experienced by many of our favorite coins.

indeed this is a current dilemma, whether we sell or hold it. because we know that several times increase and finally fall back and this is the position of the umpteenth time. The time of the end of the year is still quite long so it could go up and it will fall again, when it is nearing the end of the year it will continue to increase until next year.
the decision is all yours and you analyze for yourself what you deserve to do because all possibilities can change quickly.

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September 16, 2020, 05:07:50 AM
 #29

As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
The price on the cryptocurrency market is really falling a little so far, and therefore you shouldn't even think about selling such a promising coin as ethereum. We expect a good rise in cryptocurrency prices throughout the year, so don't be nervous. We need to keep our potential coins, such as ethereum, calmly. This is the only way we can get a good profit.

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September 16, 2020, 05:21:50 AM
 #30

As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend.

See no body can predicts cryptoccurrency market because it never be constant in terms of market,
Selling your coin when it's falls is big disadvantages to the seller, since you invested Large amount of ethereum and it falls, it does not means that it will not rise again, provided its ETH  it will definitely rise.
My advice is that do not sell your coins when it falls exercise a patients it rise and you will make a profit.

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September 16, 2020, 05:35:01 AM
 #31

So you see, if I were in your position then I wouldn't be selling Ethereum at its current price. I still have confidence that the Ethereum price can go above $ 400. you need to wait at the price of $ 400 to make a good profit. But if you are pressed for economic needs, then just sell some of it and hold the rest.

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September 16, 2020, 05:38:20 AM
 #32

As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?

As I see you are in profit 20%, that will be up to you to sell right now or wait for more. But I think if you are not in a hurry, you can wait for more because the ethereum trend now still at the downtrend. Your profit will not too big right now compare to if ethereum is in the uptrend, but that is your decision. Or you can sell some amount while you can hold the rest amount to wait for the next uptrend, so you can buy back again if the price is down. There are many possibilities you can select, but each decision will have consequences that you should know. You can hold all amount of ethereum you have for the next increases in the ethereum price, but we don't know how long that will happen.
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September 16, 2020, 06:13:32 AM
 #33

You have to make a wise move instead of waiting for more profit so many projects right now which is really good to enter use your eth for spot trading you can double it in just 1 day, try trading mate.

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September 16, 2020, 06:40:55 AM
 #34

You have to make a wise move instead of waiting for more profit so many projects right now which is really good to enter use your eth for spot trading you can double it in just 1 day, try trading mate.

you can double it in just 1 day, but you can lose it all as well
do not think that this is a good advise, for trading, one has to be really skilled to be successful, and trading without knowledge is just a gambling, which could bring you double investment in a day, but more often will leave you without your investment and you will lose everything

be careful when giving advice
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September 16, 2020, 06:48:39 AM
 #35

good enough, because you have estimated the percentage profit of 20% of your first capital when investing in ethereum. My advice is that you need to hold on for a certain amount of time or at least until the Ethereum price increases even higher and then you can sell it. but it all depends on you, if you want to sell now then it doesn't matter anyway.


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September 16, 2020, 06:51:55 AM
 #36

i think this not good time sell ETH , last year before eth price up $1000 , i belive eth price again touch $1k, so i suggest hold your eth

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September 16, 2020, 07:04:18 AM
 #37

Actually I am really at crossroads too. On one hand I think that the ethereum has a major community and it will innovate much more but on the other hand there are promising projects like polkadot which will.solve scalability issues.

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September 16, 2020, 07:11:44 AM
 #38

Hold on, I think Ethereum still has a chance to increase even higher. I personally made 80% profit from Ethereum, when I bought in March 2019 when the price was $ 140 - and I sold in August 2020 when the price was $ 420. you have to believe that Ethereum is a profitable investment.

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September 16, 2020, 07:22:21 AM
 #39

i think this not good time sell ETH , last year before eth price up $1000 , i belive eth price again touch $1k, so i suggest hold your eth
But unfortunately, ethereum still far away from that price, and we don't know how long we will wait to see ethereum price will increase step by step.
If he can still hold his ethereum and not sell right now, maybe he can make a lot of money in the future. But he needs to know about the risk of holding the ethereum in this bearish market because we don't know if the price can increase after this or it will go down for more.
I also believe that the price can increase so high, and maybe that will surpass $1k.
The decision will be up to him.
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September 16, 2020, 07:25:17 AM
 #40

We must remember the basic rule of investing in crypto, don't let greed take away the opportunity to make profits.
If the current Ethereum price condition is still 20% profit if you sold, you should just sell the Ethereum you have.
The risk is too big if you want to hold Ethereum, so you can get a much bigger profit. Because if you look at the
Ethereum price movement in the market, it has continued to decline in the last few days, because there is no guarantee
in the near future Ethereum will go up in price again.

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