Arsun (OP)
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January 22, 2021, 12:27:11 AM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
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YOSHIE
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January 22, 2021, 01:16:59 AM |
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A year ago I bought 1 BTC and 20 ETH
If you buy one year that has passed with the current state of Bitcoin and Ethereum you are among the successful in taking huge profits for you, if you sell you already have a car and a house, you can also start a new business, if you don't fantasize too highly. However, if you expect anything more than current Btc and Eth prices going forward, if I choose to sell half of that and enjoy the rewards, two possibilities if you sell half, if btc and eth go down you are still profitable, let alone go up to the highest price level. What is certain is that it all depends on your way of doing and thinking for yourself because it's all yours, you who have you who enjoy it.
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TastyChillySauce00
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January 22, 2021, 02:24:46 AM |
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You should convert some of your bitcoin to the stable coins and it's not ethereum. The dump that happened with bitcoin is also happening with ethereum too. The worst thing to convert from your asset to another kind of asset with losing more rather than what you have owned before. You should think to use the stable coin rather than converting it into the ethereum. You must also secure some of your assets into the USDT or something else too.
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arbiter5
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January 22, 2021, 04:02:03 AM |
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This ETH vs BTC chart is all you need to see. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGVZXED9.png&t=665&c=K3RTm9wdk_B_3g)
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"The cybereconomy could well be the greatest economic phenomenon of the next thirty years." — The Sovereign Individual
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maydna
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January 22, 2021, 04:39:16 AM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
What you hope is already happening, especially for bitcoin price because you are now making a big profit, even if bitcoin price now is at $31k. After all, I am sure you bought bitcoin when the price is at a low price. That will be the same thing happen to ethereum, and with 20 ETH you purchased before, you also make a big profit like what you got from bitcoin. I suggest you still hold your bitcoin and don't convert it into ethereum because with having bitcoin and ethereum as your investment, you will make a big profit in the future. So you know that it already happens to you, but that will be up to you.
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Jawhead999
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January 22, 2021, 05:00:57 AM |
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The worst thing to convert from your asset to another kind of asset with losing more rather than what you have owned before.
Nope If you had altcoins and convert to Bitcoin or Ethereum it's not worst thing, it's best idea. You must also secure some of your assets into the USDT or something else too. Better to hold USD (fiat money) or DAI (decentralized stablecoin) rather than USDT (centralized and not backed 1:1 with real USD) USDT can be frozen, it's not really secure. I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Bitcoin is more dip rather than Ethereum right now, if you convert BTC to ETH then you're in loss. If I were you, I will convert my ETH to BTC or ETH to DAI.
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error08
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January 22, 2021, 05:17:30 AM |
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I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
Bitcoin has a higher possibility to increase better than eth, although ethereum has clearly outperformed bitcoin so far in this year reach 41400 as the ath, yet the idea to sell bitcoin for eth is a bad move. Just keep it the way you have all this time, bitcoin and ethereum will generate great profits by the end of the year. If you are about to sell it now, don't sell all at once, just a fraction of it to buyback in the dip. Or a better idea, just purchase more bitcoin and ethereum using fiat currency.
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Kittygalore
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January 22, 2021, 05:37:38 AM |
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You're too late to sell because the market is dumping already but I'm sure you still have profit with your holdings since you bought a year ago when the price of ETH and BTC was still cheap, so the decision is yours to make.
If you are planning to sell, then know your biggest reason why and if you are satisfied with the profit that you have then so be it. Always have your target price to sell so you wont lose the chance to take profit, and have a back-up plan if things didn't go according to your plan.
I don't think that it is too late to sell, as the OP stated that he has bought at a certain price last year so if the price when he bought the bitcoin and the current price is not the same, I think that he still profited from it. Got to agree with you about having a reason to sell because you need some sort of conviction so you won't regret your decision. If there ever is a back up plan for me, I think that selling half is the best one.
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LimLims
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January 22, 2021, 06:06:25 AM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
There is no perfect time to buy or sell the coin. I am glad to hear that you made a smart decision a year back. And now you are getting almost the double of your investment. If you listen to me then don’t exchange or convert the coins. It’s better to hold both of the coins. Soon the coins will be getting their ATH. Be ready to make some more cash.
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Arsun (OP)
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January 22, 2021, 06:48:18 AM |
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Thank you all for your responses. To clarify, I don’t plan on selling until at least august. I haven’t taken any profits yet either, I’m waiting until the next pump to begin taking very small profits. And I also own cardano polka dot vechain and algorand which I also have high hopes for. So I’m in the crypto game for the long haul (this bull run) and will then try to buy the dip when it does its 80% crash (all speculation fo course and my plan could change dependent on how things pan out.)
Was more wondering, how many of you guys think etherium will put perform bitcoin? I think bitcoin has potential to go to 300k this year which would be a 10x from now. However I think it isn’t unreasonable to see eth at 40k. Let me know if you guys think this is way off the mark and if my plan sounds ridiculous. I need other points of view
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ethereumhunter
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January 22, 2021, 09:31:38 AM |
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Thank you all for your responses. To clarify, I don’t plan on selling until at least august. I haven’t taken any profits yet either, I’m waiting until the next pump to begin taking very small profits. And I also own cardano polka dot vechain and algorand which I also have high hopes for. So I’m in the crypto game for the long haul (this bull run) and will then try to buy the dip when it does its 80% crash (all speculation fo course and my plan could change dependent on how things pan out.)
Was more wondering, how many of you guys think etherium will put perform bitcoin? I think bitcoin has potential to go to 300k this year which would be a 10x from now. However I think it isn’t unreasonable to see eth at 40k. Let me know if you guys think this is way off the mark and if my plan sounds ridiculous. I need other points of view
Everything can happen to bitcoin and ethereum. Crypto now becomes a new thing for people. So I predict that many more people will invest in bitcoin and ethereum. But unfortunately, I do not have a prediction about the bitcoin because bitcoin can go to any highest price this year, and it could jump to the sky. Ethereum could be more than $4,000 this year, so we should prepare for the next new ATH soon. It is good if you are not planning to sell your bitcoin, but you can buy more bitcoin if you want. Cardano and polkadot can be the next potential coin that can increase later. I do not have a big expectation for vechain and algorand, but that coins can increase anytime.
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ngesotcoy
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January 22, 2021, 09:41:24 AM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
1 BTC and 20 ETH is a lot of money now, you joined 1 year ago and it shows you are too right. What were your thoughts at that time? Now the price is much higher but it is probably very small compared to next year. We could see 10 times the current price, anything is possible.
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Husires
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January 22, 2021, 01:16:56 PM |
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ETH is doing the best last year and you make good profit. Withdraw the amount that you invested, keep half of the money you have in the form of USDT and leave the rest for several years and repeat the same thing next year. ETH is better than BTC so it is better to sell 2 or 3 for your reinvesting way. Bitcoin price was down you need to wait more.
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sarmrakib
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January 22, 2021, 01:28:35 PM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
If you were bough eth and btc about a year ago you have got enough profit till .So why you are thinking more .I think you got enough profit as we all have seen btc has crossed the 40k$ market .It will be better if you could invest more on btc .However i think the proportion is good enough you can hold it though you are on profit .
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goaldigger
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January 22, 2021, 01:54:19 PM |
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The marketing is pumping again and you might want to grab this opportunity to sell your ETH and do hold more BTC. Honestly, you already have a good portfolio allocation since BTC and ETH are the top coins and its better to diversify than to hold just one coin, because for me if bitcoin goes up, ETH will follow no matter what.
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palle11
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January 22, 2021, 02:11:19 PM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
The major reason that people lose their coin is greed . Greed make the person not to exit the profit when you are suppose to do so. Both bitcoin and etheruem have had a good run that you should see your profit margin but you still wait for price to drop. Even a longtime purpose hodling should no correction or bear will appear the good move. So why don't you consider to take off profit ?
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vennali
Legendary
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January 22, 2021, 02:25:06 PM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
Even though I think ETH probably has a lot more upsides than BTC but I don't think it is a great time at the moment to convert BTC into ETH. You could just HODL the way it is. At the moment, I think ETH is undervalued but I do not think BTC is overvalued. BTC has been the forefront of most upswings and you could be rewarded handsomely. Since you've already HODLed for a year and do not intend to cash out anytime soon. I think you should just leave it the way it is.
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boyptc
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January 22, 2021, 03:08:21 PM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
Just keep both of them. That is enough to keep and you actually have a lot for both. It's not a good idea to touch any of them, just keep and if possible, add more for both sides without touching the current amount that you have.
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fauzan123
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January 22, 2021, 03:49:08 PM |
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A year ago I bought 1 BTC and 20 ETH I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth. It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in Let me know ur thoughts Thanks so much
1 BTC and 20 ETH is a lot of money now, you joined 1 year ago and it shows you are too right. What were your thoughts at that time? Now the price is much higher but it is probably very small compared to next year. We could see 10 times the current price, anything is possible. Indeed, there are many miracles that happened in early 2021 regarding ETH and bitcoin, where the movement has the potential to get new ATH, some even predict the price of ETH could reach $ 10k in the near future. Of course if he has an investment with 20 ETH and 1 BTC I think soon he will have lambo.
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kramat
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January 22, 2021, 04:38:57 PM |
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Bitcoin and ethereum both of best coin. It a good investment. Bitcoin is king of all coin and ethereum is queen of all coin. So bitcoin price will be incres ethereum price also increase the price. If bitcoin affect all coin will be affect. Bitcoin and ethereum both of best investment coin.
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