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Author Topic: Is It The Best Time to Sell Ethereum (ETH)  (Read 714 times)
mamesso
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September 16, 2020, 04:02:33 PM
 #61

What is the reason you are selling the Ethereum that you have held for a long time? 
If you need money for personal use or buy something very important, there is no more reason to hold the assets that you have held, Moreover, you have received 20% profit from the investment that you have done so far. But if you want to buy another coin to accumulate profit in a short time, you should consider your intention to sell ETH, because as you said above, ETH is one of the best coins, so something good always gives the best results.

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September 16, 2020, 04:09:39 PM
 #62

Ethereum experienced nice growth in recent days, while other altcoins didn´t perform so well. So, if the correction happens, you can expect a larger drop in the price of Ethereum. It depends on your strategy, but when you don´t sell, you don´t have a loss.  Smiley

You can hold ETH for a long time, but I chose medium-term trading. It is very difficult for me to look at the monitor and see when the price of ETH is declining. In such cases, it is better to keep USDT and wait for the price to approach 250-270 dollars to buy. Are there people here who are waiting for the price for ETH at $150?

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September 16, 2020, 04:12:52 PM
 #63

if the trend is down, you better hold ETH assets for a while, because most likely the cryptocurrency market will go up again towards the end of the year, but all options are yours.
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September 16, 2020, 04:27:48 PM
 #64

ETH is a good altcoin so I think the price can go up in the future, if you don't really need money I think you should wait a little longer. I guess as soon as version 2.0 comes out the price will have a significant increase.


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xZork
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September 16, 2020, 04:29:53 PM
 #65

No one can give you exact advice, you should make your own decisions. If you want to sell ETH at this point sell it, if you want to keep ETH wait a while.
Personally, I think ETH will increase to $ 400 in the near future


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September 16, 2020, 04:33:31 PM
 #66

I'm waiting for ETH at $ 200, $ 150 is too low, if ETH goes back to $ 150 I think it will go back to $ 100
ETH has had a huge increase in recent times so it will have a price correction. I expect the price of ETH to drop before version 2.0 is released.


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September 16, 2020, 04:38:47 PM
 #67

If I was in your position to make the decision, I'll not sell at a 20% profit when ethereum feels like the next big thing. The ethereum 2.0 project is yet to be launched and we've seen a substantial movement in the value of ethereum. I can only imagine when we have the first phase of the project activated, you could have over 70% profit.
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September 16, 2020, 05:06:48 PM
 #68

Whenever you need money for something is the best time to sell ethereum. If you really need the money in real life for something, you should totally sell it, real life expenses are more important than savings, if you have savings but make a debt, that debt will eat up your savings anyway and makes no sense, the only reason why you should have savings in the first place is to pay for unexpected stuff you might face. So, if you need to pay for something, sell it.

However if you do not have any payments to be made and the only reason you want to sell eth is because you think it will go down and you want to get out before losing more money, you should definitely keep holding it because in the end with eth 2.0 it will go to levels it never reached before.

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September 16, 2020, 06:46:40 PM
 #69

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?

What I can see here is that you did not set a goal profit. For you to prevent huge loss if ever sudden sideways occur, you should probably set your target profit. 20% profit is enough ( well, for me). Since we can't predict the market and there is a possibility that you'll be trap in a certain price  which will make you be deficit.
It good to set a goal profit but with the conditions and the expectations of the market to reach new ATH which is yet to happen certainly due pandemic effect not setting a profit is still good and for the OP not to be trap in price that will be deficit, it will be good if he sell sold part of his investment just like I also did with my YFI token (I sold 75% of it since i bought when the price was $13K).


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September 16, 2020, 08:25:09 PM
 #70

I see ETH pumping above $1000 with the launch of ETH 2.0 that might be a perfect time to sell. I think ETH might past this price in the future thanks to the promising projects being launched on its blockchain.
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September 16, 2020, 09:05:21 PM
 #71

I see ETH pumping above $1000 with the launch of ETH 2.0 that might be a perfect time to sell. I think ETH might past this price in the future thanks to the promising projects being launched on its blockchain.

i also believe the same. ETH May reach ATH once ETH 2.0 launches and it can happen this year. So HODL on to your ETH mate.
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September 16, 2020, 09:15:15 PM
 #72

I don't think now is the right time to sell our Ethereum, because Ethereum's current price of $ 366 is still quite low. For me now is the perfect
time to buy Ethereum, because I am sure seeing the movement of Bitcoin which has returned to the price of $ 11,000 will make the Ethereum
price go up too. At least if you want to sell Ethereum when the price of Ethereum goes up to $ 500.

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