Bitcoin vs eth

[Reid]

You are in a good position already so why are you thinking twice?
If I were you, I'd let it stay that way.

A lot of members here try to diversify their investment and yours is already done.
I may just want to hold that funds and not doubt Bitcoin for now.
This could just be a correction and it may go back to a pump soon. 

[Silberman]

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

In my opinion you are expecting too much from ethereum, using those prices and the current number of coins in circulation that will mean a market cap for bitcoin of 5.5 trillion dollars and the market cap of ethereum will be of 4.5 trillions dollars, that will put it extremely close to bitcoin and I simply do not see it happening when in the last years ethereum has been unable to make any progress in that front, and what better example of this than what we are seeing in the market right now, bitcoin reached 2x its all time high while ethereum has yet to reach its previous one.

[kapalmabur]

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

and now you are RICH!, Ethereum costs $ 1000 more, if you have 20 then you have $ 20k more and Bitcoin has a price $ 30k more,
congratulations mate, this is amazing for me as a listener, I hope it works like you too, remember , oh don't be greedy anymore because bearish is a cycle for an investment, and always use a good strategy, good luck in the future.

[Shasha80]

Very lucky if you actually bought 1 BTC and 20 ETH one year ago. Since the two of them have now risen dramatically, I suggest you take profit now.
Don't be too greedy by wanting even bigger profits. The proceeds from selling BTC and ETH that you have can open a business in the real world.
And 20% of the sales proceeds are stored in fiat or stable coins waiting for the Bitcoin and Ethereum prices to fall, after that you can invest again
in BTC and ETH. That's my advice that you should do.

[Silberman]

Very lucky if you actually bought 1 BTC and 20 ETH one year ago. Since the two of them have now risen dramatically, I suggest you take profit now.
Don't be too greedy by wanting even bigger profits. The proceeds from selling BTC and ETH that you have can open a business in the real world.
And 20% of the sales proceeds are stored in fiat or stable coins waiting for the Bitcoin and Ethereum prices to fall, after that you can invest again
in BTC and ETH. That's my advice that you should do.

I do not know how good of an idea it is to sell your coins now when to me the bull market is just starting out and there is so much potential left, and even worse investing in a business now is a bad idea, most business are closing their doors not opening because of the pandemic and while the vaccine is giving hope to everyone it is going to take months if not years before enough people are vaccinated and we can go back to how things were before the pandemic.

[posi]

Very lucky if you actually bought 1 BTC and 20 ETH one year ago. Since the two of them have now risen dramatically, I suggest you take profit now.
Don't be too greedy by wanting even bigger profits. The proceeds from selling BTC and ETH that you have can open a business in the real world.
And 20% of the sales proceeds are stored in fiat or stable coins waiting for the Bitcoin and Ethereum prices to fall, after that you can invest again
in BTC and ETH. That's my advice that you should do.

I do not know how good of an idea it is to sell your coins now when to me the bull market is just starting out and there is so much potential left, and even worse investing in a business now is a bad idea, most business are closing their doors not opening because of the pandemic and while the vaccine is giving hope to everyone it is going to take months if not years before enough people are vaccinated

I think our understanding and awareness about cryptocurrency which is quite different is the reason why some people deemed selling now is a good decision since the next trend the market will pose is not certain but selling now for stablecoin Is not a bad idea. I just don't support buying for fiat and use the fund to open a real world business when a lot of people are counting their losses.

and we can go back to how things were before the pandemic.

After the pandemic things will never be the same and something will never go back to how it was before the pandemic.

[Mahanton]

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

Why wont you hold both instead? If you have bought these coins a year ago then for sure you are already in profits if we do try to compare the past price and the present time price
of bitcoin and etherium and for sure you are on the profiting side unless if you do decide to convert those ETH then switching up to btc then its your choice
but hey diversifying is always recommend so its still your choice though.

We shouldnt try to compare both different markets because bitcoin can move without relying alts or entire market condition and same goes with ETH.
If you  do want to max  out  possible profitability  then going for both is the best bet.

[Ridwan Fauzi]

Taking profit from your investment place is really needed, at least it will make you confident to store your money again. There are at least two strategies, one you can sell all of them and buy back when its price is low. Or second, if you believe that bitcoin and ETH still have a chance to increase more than now, you can hold a half and you can sell another half. At least when bitcoin or ETH price is drop you still have a profit that you have taken.

ETH and Bitcoin is a good coin in the crypto currency space. You can pick one of them or you can divide your capital to buy them as your investment place. But seem like you have to wait if you will start to buy, the correction for bitcoin seem like it will continue. Unless, you have a faith to still hold although its price drop more than $30.000 and you can buy right now and put it for long term investment.

[boyptc]

I do not know how good of an idea it is to sell your coins now when to me the bull market is just starting out and there is so much potential left, and even worse investing in a business now is a bad idea

It's a good idea if you're in profit when you sell. That's the basis of why you're selling it.

Whether we're in the bull market or bear market but if you decide to sell because you're in profit, that's better than selling in losses because you're stopping further loss.

Bitcoin pumped to $42k and now in $33k where in fact a month ago, it's less than the price we have. In the case of OP, he had bought it a year ago, the price of bitcoin during that time was under $10k.

And for Ethereum, that was under $200.

[konflikkastil]

That's was a very smart thing you did for yourself,  I must commend you for that. If you actually bought it a year ago, the price at as that time should be less than$12,000. And with the current price now you have made way more than 150% profit. One thing I know about the crypto market is the ups and downs. Things can't always be like this, the price has changed drastically within just few weeks, from around $41,000 plus down to $33,000. And of which it's still going down. It will be good if you can divide it into two and take out some part of it to enjoy yourself or probably invest into another thing or business to reduce the risks of having all your Investments in just one place. Or remove the whole profit that you have made and leave the initial investment that you started with. Enjoy yourself you have invested in the right time.

[k@suy]

Why wont you hold both instead? If you have bought these coins a year ago then for sure you are already in profits if we do try to compare the past price and the present time price
of bitcoin and etherium and for sure you are on the profiting side unless if you do decide to convert those ETH then switching up to btc then its your choice
but hey diversifying is always recommend so its still your choice though.

We shouldnt try to compare both different markets because bitcoin can move without relying alts or entire market condition and same goes with ETH.
If you  do want to max  out  possible profitability  then going for both is the best bet.

Exactly, to be honest i am only dreaming of having both ethereum and bitcoin in my own hard wallet and i will choose to keep both as my long term investment. I am so amazed with these two cryptocurrencies and in fact thinking that you have already purchased your own ethereum and bitcoin a year ago before bullish market were amazing and if you able to make it grow or even you just kept it in your wallet then your 20 ethereum and 1 bitcoin have already a great value.

[brandtalex]

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 bought both BTC & ETH a year ago, and still thinking if you should transfer those BTC into ETH then maybe you missed the new ATH of both coin/token? If you still holding both and getting FUD because it's on the verge of correction, what you should do is keep on holding those 'til another ATH has come.

[Serious475]

Good to know that you bought a bitcoin and ethereum qt at a lower price this gives a good money return right now during this pumping we must grab the opportunity to have a good market entry our goal is just one which is getting a profit even not huge enough. It's just already starting the price of the coin comes a good future the bitcoin still dominating the market there is following the same path of it which is can leave the bitcoin sooner to have it's own another all-time high. Elon musk an investment today can change everyone's perspective and changes the market price in just a single second. Truly that patience is the key to the bigger treasure.

[blckhawk]

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 bought both BTC & ETH a year ago, and still thinking if you should transfer those BTC into ETH then maybe you missed the new ATH of both coin/token? If you still holding both and getting FUD because it's on the verge of correction, what you should do is keep on holding those 'til another ATH has come.

I don't think it's too late because the market is about to rise again especially Bitcoin surging so fast from $30k into $38k in a single amount of time. I'd say that this could be the right time for you to make a profit. You could for more though but I wasn't so sure if this will last longer, I'd suggest is to set your exit and don't be greedy. Being greedy is one of the reasons why we always lose the opportunity to make a profit and always ended up having no choice but to wait for a couple more years for another ATH.

[darewaller]

That's was a very smart thing you did for yourself,  I must commend you for that. If you actually bought it a year ago, the price at as that time should be less than$12,000. And with the current price now you have made way more than 150% profit. One thing I know about the crypto market is the ups and downs. Things can't always be like this, the price has changed drastically within just few weeks, from around $41,000 plus down to $33,000. And of which it's still going down. It will be good if you can divide it into two and take out some part of it to enjoy yourself or probably invest into another thing or business to reduce the risks of having all your Investments in just one place. Or remove the whole profit that you have made and leave the initial investment that you started with. Enjoy yourself you have invested in the right time.

Diversification is definitely something everyone should consider, I have some money in gold, some money in some construction stock, and over 50% on crypto itself because that is the one I like the most. Don't get me wrong I am not even rich, this is all combined less than 5k dollars in the end, I have about 3k in crypto, 1.2k in gold and 800 in stocks and that's about it. As long as you can keep putting money back in to your savings as long as you can, you are going to be in big profit at the end, the point is to get retired early and enjoy life longer.

People end up working until they are 70 and that is not really a way of living, if you love your work and want to work until you die that is fine but that rarely happens, so if you can retire at 40 and live another 40 years all retired and having fun, that would be a good life to me which is why I will keep working to put money aside as much as I can until I am 40, I am not planning on getting rich tomorrow and make my decisions based on that.

[Hobo66]

Wair little more almost 2 month you will be surprise bitcoin will raised to 50k and Eth price will raise to 1600.
You have choose good coins and you can make a good profit. You can sell now hald reward but i will recommend you tp hold for atleast two month more

[john_nautica]

Wair little more almost 2 month you will be surprise bitcoin will raised to 50k and Eth price will raise to 1600.
You have choose good coins and you can make a good profit. You can sell now hald reward but i will recommend you tp hold for atleast two month more

I agree. Holding would be the best decision you could make for now. If you wait a little longer, you will reap much more with what you sow. Who knows, maybe the value of coins now would be greater after some time right. Just whether your decision would be to hold or sell, think it over many times before finally doing it.

[pawanjain]

If you bought bitcoin a year ago the price of bitcoin was around $7500. Now the price of bitcoin is around $33000 and that is around 4.4x gains from the capital investment.

If you bought ether a year ago the price of ether was around $150. Now the price of ether is around $1300 and that is around 8.6x gains from the capital investment.

You say that ether is dumping but I would say that it's not dumping but a minor correction so that it creates a bigger spike in the market.
Don't worry about the short term dumps and focus on the long term gains. I guess you should not exchange your bitcoin for ethereum as 20 ETH is already a good amount to hold.
If you want you can take out a little profits now and if not then just keep holding your entire portfolio as it is for huge long term gains.

[Oceat]

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

Why would you want to switch your Bitcoin to ETH when Bitcoin is actually gaining this time? Why not hodl both of those cryptocurrency and wait for the right time to sell them, I'm sure by the time to Bitcoin and ETH they were nowhere near to the current price today.

Just look at the volume of both crypto you bought and compare it to the time when you bought BTC and ETH last year. I'm pretty sure there's a big difference with them so why not stick your hope to both BTC and ETH. If you are still planning to hodl it for too long then why not wait when Bitcoin breaks another ATH and ETH would probably going to follow but I can't tell exactly when will Bitcoin is going to break another ATH again.

[Waltmart]

Ethereum vs Bitcoin is a confrontation that everybody in the crypto industry and greater community area observes intently.

Since these two crypto assets are tremendously different, it is hard to say precisely which is the best investment.

As a matter of fact, you can exchange 'em both at kucoin: BTC, ETH

Bitcoin is currently 20 times the price per ETH; nonetheless, this wasn't generally the situation and was nearer to only 10 times.