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Author Topic: Selling All BTC for ETH this Bull Run  (Read 728 times)
cryptofirm
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January 23, 2021, 08:43:30 AM
 #41

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?

in my opinion ethereum has more potential to grow more than bitcoin in this year
but, i think if somebody want to sell all his bitcoin, he will not only buying ethereum, but he must split his capital to other altcoins too
such as polkadot or chainlink

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January 23, 2021, 10:35:39 AM
 #42

I was laughing when I read the news when I saw that many large hedge funds were selling their bitcoins, so what does this mean? Some people have already started to profit from this market and they are expecting the bull run to end soon and they are looking towards a stronger wave than the alt season. I'm not sure if you look at the current situation, the whole market is back up again, so don't rush anything you think you bought at a good price, hold on to it and waiting for the target.









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January 24, 2021, 12:32:11 PM
 #43

I like ethereum and I really believe to it's potential but I will not going to sell all my bitcoin to ethereum because It's better to have both this coin. They have different possibility value in the future and they are both potential coin the top 1 and top 2. If bull run continue both this coin will gong to increase and you may know that you will earn money what ever you have between the two but having both is more profit you will get.
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January 24, 2021, 04:38:42 PM
 #44

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?

talking about btc and eth, both are the same top coins. but if you ask which coins between eth and btc should we buy more, it all depends on the capital we have. if I prefer to hold eth which I use as my daily trading transaction activity because I have small capital

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January 24, 2021, 05:16:08 PM
 #45

Quote
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.

I find the above hard to believe,  eth out perform btc Huh, how did that happen,  btc made it to $40k which means x2 for those who bought at 20k  and even more for those who bought below, eth did give profit but not as high as btc,
Anyways, choice is yours besides nothing wrong in diversifying your portfolio, I hope what you will achieve your goal.

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January 24, 2021, 07:55:32 PM
 #46

I'll stay with BTC with a higher percentage of my portfolio.
Did you try to fact check whatever or wherever information you get it from?
There could be a huge chance this is a new kind of FUD.
Using Ethereum as means for you to sell Bitcoin while on the other hand when it goes successful, they will be the one buying Bitcoin at a lower price.
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January 24, 2021, 10:19:17 PM
Last edit: January 25, 2021, 11:36:17 PM by seleme
 #47

Not recommended, sooner or later the ETH price will go back to under $1000. Maybe next month, maybe tomorrow who knows... The sure thing is the price is in the overbought zone and the dead zones of the market will appear soon. The ETH can stay as a king of the season for a long time but you guys will never realize the profit due to greed. Greed will not make anyone rich if the investors go with mentalities like "sky is the limit"..

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?

no i think this is not a good idea,better to hold your bitcoin or maybe if you want to increase your ethereum amount
you can sell a half of your bitcoin, but i think its better if you buy not only ethereum buddy, but you can add more alt in your portofolio such as polkadot or cardano
I prefer this option and it is better to go all-in-a single altcoin, especially if the price has tripled during the same quarter. Patience is the key in investing and buying the top altcoins is safer than investing in the nonpopular altcoins. I had did the same investment strategies during the 2017 bull season and it has worked like a charm. The low marketcap altcoins can give a huge profit if the right techniques are used by the trader/investor. Otherwise, the total loss of the wrongly chosen altcoins will be equal to the total profit of the right altcoins.

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January 24, 2021, 11:31:24 PM
 #48

With the release of many Defi projects, ATH's, legendary investors, and just overall big money entering the crypto space these bullish events will continue to happen for small investors, ive always had big trust problems when it comes to anything crypto, hence usually end up selling my investment early, like is the case for ether/btc, i sold most of my Ether last year and regret it bigtime, just due to the new utilities being introduced and the price skyrocketing by x50% and now i feel stupid so.. point is.. there's always some new way to double your money and maybe be a little patient lest you know for a FACT that you should sell.
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January 24, 2021, 11:40:38 PM
 #49

Bitcoin has reached a new All time high many times, from $ 20k, $ 30k, even $ 40k has been reached,
And there are many rumors circulating that bitcoin has a chance to continue its bullish trend up to $ 50k- $ 100k,
but if Bitcoin can stay above $ 30k in several months.

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January 24, 2021, 11:57:12 PM
 #50

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.
Not sure from what you got these information about high net worth individuals unloading all their bitcoin for ETH, it might be possible as the price of bitcoin touched around $42k and some might book their profit and enter alts especially ETH considering the hype regarding their upgrade and staking. I am not bullish on the long term but will see how long the rally could hold.
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January 24, 2021, 11:58:54 PM
 #51

Why not have both since BTC proves to us many times to be the best of all and if you have extra money, and believes that the ETH will rise to the moon soon, the. Better to buy more now than to sell your other holdings. Anyway, this will still depend on how you see the market and what strategy you will use, its your call mate.

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January 25, 2021, 04:48:32 AM
 #52

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?
You have a bad idea, it goes against business principles. At any rate, ETH is essentially on the move and has a good propensity to cross the 1k5 hurdle at the end of January. The move looks nice for you to swap BTC / ETH. But in my opinion, it is advisable to reset 60% to BTC to minimize risk and safety because bitcoin is still holding a good threshold.
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January 25, 2021, 08:53:25 AM
 #53

Why not have both since BTC proves to us many times to be the best of all and if you have extra money, and believes that the ETH will rise to the moon soon, the. Better to buy more now than to sell your other holdings. Anyway, this will still depend on how you see the market and what strategy you will use, its your call mate.
There are investors that don't have extra money to buy and add for the coin that they desire to buy. But both have been to be the best in the portfolios and it's just a matter of adjustment and which will be the most in his stash. I will not also sell my bitcoin for ethereum but I might sell ethereum for bitcoin. But a day trader can adjust in most times in which liquidity he prefers to have it and take the advantage of the current market, yeah I agree, it's him to call it but both of them are not regrettable choices.

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January 25, 2021, 08:54:55 AM
 #54

I like ethereum and I really believe to it's potential but I will not going to sell all my bitcoin to ethereum because It's better to have both this coin. They have different possibility value in the future and they are both potential coin the top 1 and top 2. If bull run continue both this coin will gong to increase and you may know that you will earn money what ever you have between the two but having both is more profit you will get.
Diversification is really important, we are talking about something much bigger here than just one coin, we are talking about a long term portfolio, if we were to do day trading you could sell btc and get eth and sell eth and get btc and do this many times in a day, but we are not talking about day trading. So, I think everyone should have both btc and eth like you.

In fact you should have btc, eth and 3 or even more coins as well on top of this, that way you will have bare minimum 5 coins, sure you can have bitcoin as the biggest portion but having multiple coins means you could get advantage when bitcoin goes up, you can have an advantage when others go up, basically make a profit no matter what happens as long as there is a bull run on any of them.

I personally have 11 coins now, I want to get rid of one of them so badly but can't since it is very low, but the other 10 I am very happy with.

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Joyawan13
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January 25, 2021, 12:43:02 PM
 #55

I am not going to sell all my bitcoins for Ethereum, but some% of the bitcoins I have I will sell to invest in altcoins, and one of them I will buy Ethereum, and of course I will choose another altcoin that I think will have potential and will. can raise the price to a higher price than the current price of course, so besides holding bitcoins I also hold several altcoins of my choice.

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January 25, 2021, 02:18:44 PM
 #56

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?
need correction for the statement  selling btc but, buying eth is more proper  Grin

eth has room for 3x max growth on btc pair, and at this point, still safe for buying eth

but other alt already bottom, grab some for big gain, carefull some alt will be gone too  Cheesy

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January 25, 2021, 02:35:10 PM
 #57

I have heard that some high net worth individuals are unloading all their BTC for ETH.
Do you think its a good idea to hold more ETH than BTC rn?
I can imagine, after that, what they realized and regretted. If in a good bull trend, you leave BTC, then you must be mistaken about the pursuit of this market. Not simple and nothing? Or suppose in a downtrend, BTC or ETH will bring great advantage and confidence? BTC can sweep altcoin and even ETH, until you realize something!

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January 25, 2021, 02:46:25 PM
 #58

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?
If you are believing in hearsay  then you're not a trader but just a risk taker ,imagine that you just heard and you'll  ready to
Unload your bitcoin?But lets consider that you'll ready to do that the thing is are you ready to lose also?

When bitcoin took the ATH at 20,000 couple years ago Ethereum is pricing 1,400  now that bitcoin reached another ATH that more
Than double of the last ATH yet ethereum is 1,400.

Now tell me is this reasonable? If does then dk it, but please update us in the end of the year if what happens.
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January 25, 2021, 04:16:03 PM
 #59

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

maybe hold more ethereum than bitcoin is a good idea in current situations,
but never sell all your bitcoin for ethereum, because thats not a good idea my friend
regards
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January 25, 2021, 04:58:48 PM
 #60

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

maybe hold more ethereum than bitcoin is a good idea in current situations,
but never sell all your bitcoin for ethereum, because thats not a good idea my friend
regards
There is high percentage of growth with ethereum compared to bitcoin right now. Everytime after the bull market of bitcoin there'll be bull run with altcoins. This time we haven't experienced the growth as predicted. Maybe over the falling months there'll be large scale progress with ethereum. With this it is good to hold ethereum, but not go for a selling of bitcoin for ethereum. Keeping hold of the ethereum and changing other available cryptocurrencies to ethereum seems to be a better choice.

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