Selling All BTC for ETH this Bull Run

[irixo10]

You heard? From where and what makes you think what you heard is the truth or what even gave you the assurance that what you heard, the individuals involved would do it or what if it could be mare talks to make people leave Bitcoin for ETH and then they buy and the price shoots up again. To be frank, in this crypto market, I am of the opinion that, one of the ways to make gains is to stop listening to what most people says especially about Bitcoin, and so on, because the fact remains that no one can predict the crypto space or what will even happen in the few days. Okay, let's assume they later sell to Ethereum, what if they later refused to go back to Bitcoin, and decides to stick to Ethereum because of the upgrade coming soon; like I said, they are all mare talks and could not have even come from anywhere. Hence, I would say, if you are in Bitcoin already, you might consider holding more unless you are already in profit, then you can sell and maybe wait for a while and enter Ethereum, but to decide which one to hold more, lies on you, your funds and what you are expecting in the long run; Bitcoin gives better return on the long run.

[1714283898]

1714283898

[acener]

If BTC already stop growing and you believe that ETH would continue then it would be a great one.
It could also be great to convert it into Fiat if both ETH and BTC would continue to drop down and wait for the lowest point that you think to buy back again.

[dupee419]

You have to have strong belief in ETH then, just because BTC is falling doesn't mean you'd have to sell everything and shift to Ethereum, remember, the next bull run can happen in the next month or even in the next week, we'll never know when, and we can't 100% trust our data because of how volatile Bitcoin is, although, ETH is also good and reliable, but to compare it with Bitcoin, I just don't think it's a good idea switching to ETH, but who knows, ETH might have a successful bull run.

[3meek]

I don't think that's a good idea... Better to hold BTC than ETH... ETF futures trading will soon be open on ETH, and we all remember very well what happened to BTC after ETF...

[Kelvinid]

Do you think its a good idea to hold more ETH than BTC rn?

I'd better still hold more on BTC than ETH. I'd never see ETH outperform BTC at this time. May some investors are selling their Bitcoin and switch to ETH but I don't think that they are into selling all of their holdings. Having 60% BTC and 40% ETH on my portfolio, I'll be making a good decision (maybe).

Bitcoin will never have a huge fall even Ethereum price will soar high. That is what I take and I know for sure that many people still holding Bitcoin than those who lose their hands holding it. Well, ETH is profitable, they are still doing for good and that is their decision.

[taufik123]

You have to have strong belief in ETH then, just because BTC is falling doesn't mean you'd have to sell everything and shift to Ethereum, remember, the next bull run can happen in the next month or even in the next week, we'll never know when, and we can't 100% trust our data because of how volatile Bitcoin is, although, ETH is also good and reliable, but to compare it with Bitcoin, I just don't think it's a good idea switching to ETH, but who knows, ETH might have a successful bull run.

You are right about the incomparable BTC and ETH. BTC and ETH have different platforms and have their respective advantages. Holding both is a good option, instead of having to sell all of the BTC for ETH.
We know these two coins have technology that is being developed. After Halving, BTC was able to reach a new ATH which is really amazing and also ETH was able to reach a new ATH when ETH 2.0 was released.

Save both and you will get more profit.

[Cling18]

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think it's a good idea to hold more ETH than BTC rn?

It depends on how you see the possible movement of the market in the future. We have different instinct and speculations and we could rely our decisions on what we feel. I have actually sold my Btc when the price reached 40k and bought Eth from my profit. Both BTC and ETH are actually worth holding but things will depend on our investing strategy.

[Leviathan.007]

Depending on yourself and the period of your strategy you can chose toy sell bitcoin for ETH or any coin you want. Usually, ETH rise when the BTC rise and falls whenever BTC falls they actually move together with different tolerance. If you ask me I would say I'm holding all by bitcoins during the bull run, no matter what's going on, because I have a long term plan and not gonna sell bitcoins for a cheap price even for ETH or any other asset. However, you an chose you divide your money between different coins at this moment.

[Wysi]

Yes, we have witnessed this in 2017 as well as if we calculate the returns this bullrun it's ETH which has outperformed BTC. But unfortunately, this moment is not the right time to experiment with funds wherein uncertainty is looming over the crypto market from past 2 weeks, eventhough we have seen some positive signals today but still we are going through a crucial situation that will either lead to further pump or bear market.

[very_452001]

You moving from limited supply asset to a unlimited supply asset ?

Sounds kinda risky.

Even the federal reserve printing $trillions is limited by the number of trees available and printer ink so still kind of limited lol. 

[BITCOIN4X]

Selling all btc for ethereum in my opinion is not a bad way considering that the ethereum price hikes have brought a lot of profit for traders. But when these two assets have the same potential profit, then I don't think that's the best way to sell them. Your current 1 bitcoin might be equivalent to 26.42 ETH when you sold it. It is not impossible that when you sell ETH you will no longer get 1 bitcoin because the price is not the same.

If you really want to do that, I think you can still sell some of the bitcoins you have to buy Ethereum because these two assets are also pretty good to have in your current portfolio. But remember, everyone here is just telling you and giving a little bit of their opinion on the question you asked. You should be able to make your own choices because both profits and losses are a consequence of the crypto trading activity that you have to accept.

[pixie85]

I knew that if any altcoin manages to pump somewhat independently of Bitcoin and at the same time won't lose 80% of value at random it's going to be ETH, so I bought it 2 years ago when it was still cheap and still have it now.

Of course I wouldn't sell my BTC for ETH. I believe in ETH but I believe in BTC more. Dumping bitcoin to catch a possible pump on some altcoin, even if it's the best altcoin out there would be very risky.

If you want to be safe stay with Bitcoin. It's going to offer you steady gains and safe haven from inflation. Is that not enough? Keep moving coins around and jumping between stablecoins and random shitcoins and you'll only lose money.

[menoiazei]

BTC all the way!!!

[famososMuertos]

Your question or conjecture is more to the idea of ​​the trader, rather than to discuss about bitcoin in the possession of a because, I think that the discussion at least in this section have as an idea for the discussion.

In that sense, I can tell you that no, it is not "the idea" for those of us who see bitcoin beyond just seeing a worth, in the long run for those of us who are not large holders of bitcoin, we should not be worrying so much in the short term of this type stocks, at least not if we take bitcoin as a topic of discussion to make a social and economic difference.

I think the idea would be to always have bitcoin and pass all types of currency to bitcoin, the investment in any other currency if that could go to ETH  and take advantage of the current performance for example and then switch to bitcoin.

Do not get nervous with sudden falls in the price of bitcoin and try to find the wrong havens in other Alts, do not worry if you have little bitcoin/sat you must worry about getting the accounts corrects and understanding that how little or much you have of bitcoin is your greatest refuge for the future, do not be afraid.

[verita1]

I also think like some: Hold my bitcoin for a long time and I have considered having ethereum for my basic needs for the short and medium term.

One thing is well known whenever bitcoin hits a new ATH the altcoins look bullish.
Without bitcoin the market is hostile, we often find thoughts such as that money is in bitcoin in the wrong way.

I think that not on the contrary we should focus on bitcoin and demand the best developments for bitcoin users and so it would be easy to use for everyone.

[tabas]

Depends on your thoughts and belief for the both crypto. You hold it at the same time and you'll no longer asking this question. But what I do is to hold both of it and I keep BTC foremost.
I don't intend to sacrifice my bitcoin holdings to buy ETH but instead, I'll take some of my cash and use it for buying it.

Total Agree
so keep your btc and use some from bitcoin profit to buy eth, and yes usually after bitcoin bull a year after Halving there's alt season with altcoin price pumped

That's not what I'm saying but if you do that, it's also fine that you use your profits to buy Ethereum. But that's no different from converting your BTC into ETH.
But whichever is light, easy and acceptable to you, you should be the captain of your own portfolio.

[Globb0]

Sounds like a bold move.

Eth always seems congested and out of control.

Will it trade in 1 for 1 on eth2 or whatever? or will it be legacy?

[cryptonx]

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

hold more ethereum is a good idea, but sell all bitcoin for ethereum isn't a good idea my friend
because to reduce the risk of our investments, we should hold at least three cryptocurrency

[Psynthax]

Why follow someone else? Big company that invest in crypto usually put big portion of their allocated money for crypto to bitcoin and the rest to various alts like ETH. That means those big company which usually consist of expert doesn't really trust ETH other than for diversifying their portfolio so that they don't put all money in the same coin.

Honestly sounds kinda reckless to convert it all but it's your money and it's your decision to follow that high net worth individual or safely diversify your portfolio.

[kotajikikox]

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Who's Individual ? Do you have a ELEPHANT Pair of EARS to hear words from places ?

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

Out perform ? Are you that stupid to believe this ? EThereum cannot even break His Own ATH and now  will take the Rank 1 position in Bitcoin?

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

How Much these Whales or FUD creator Pays you to create account and provide this thread for their desperation to Bring bitcoin price again?