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Author Topic: Ethereum  (Read 544 times)
Shasha80
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March 18, 2021, 09:13:43 AM
 #61

Actually back to ourselves as investors, if you really plan on short-term investments, can sell Ethereum that you have even though the profit is small.
But if from the start you wanted a long-term investment, don't sell the Ethereum you have, wait until the sell target that you specify is reached.
In my analysis Ethereum is more suitable for long-term investment, just like Bitcoin. Actually the increase in Ethereum price is not as significant
as some of the other altcoins. Therefore, my advice if you want a short-term investment is much more effective at investing in BNB or ADA.

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March 18, 2021, 09:37:38 AM
 #62

So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?

I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.



Choosing long term with ethereum is also a good alternative while btc was still at stable price right now. But you're choice is somehow difficult if your don't have any other profit source or a job that will be used for your daily spending. I suggest that, when holding eth coins or any tokens associated with erc20, always secure a stable funds in order to sustain with cryptocurrency investments.

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March 18, 2021, 10:39:02 AM
 #63

So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?
How much are you expecting profit? 2 folds/ or maybe 3? because for me practically , i will sell right away having that amount mate because that is more than 25% income already and a sure money.
Quote
I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.


Well your thoughts must change to specific percentage per trade and don't look as if Bitcoin is like Altcoin because they are much different .

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March 18, 2021, 10:55:41 AM
 #64

So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?

I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.


selling at a small profit is not a problem, because we don't have to sell at a big profit. to me a small profit from a sustainable origin seems good rather than having to be long term but a big risk, so I think it is okay and don't be afraid of small profits, wait for the candle to dim and buy when the price is low then sell at the high price.

Yes, that will be a solution for you if you want to wait for the next high price. By selling at a small amount, you still hold the biggest amount and ready to sell when the price increases. If you can get a small profit and repeat the process, your small profit will become bigger. That is why we don't need just to hold and sell, but we can buy low and sell high to profit. That will be another solution for you to profit while the price does not increase so high.

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javainn
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March 18, 2021, 02:42:43 PM
 #65

So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?

I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.


small profit is better if run gradually. So I think right now you don't have to get big profits, if you can get small profits, I think this can be one of the ways to keep profits running at any time. so don't hesitate with small profit, keep doing your best

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AnonBitCoiner
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March 18, 2021, 07:56:55 PM
 #66

So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?

I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.



Investment in bitcoin and ethereum is mostly one and the same. Ethereum is a altcoin, but it's not a same as like other altcoin. It had a unique features then other altcoin. The price of Ethereum itself say you the value over other altcoin. If you are not dependent of the invested money, don't withdrew that money. Just hold the ethereum till the next all time high. You will get huge portion of profit then in bitcoin.



 

 

 

 

 

 


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