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Author Topic: This makes sense or not?  (Read 493 times)
Beparanf
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September 11, 2022, 05:31:12 AM
 #21

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

This make sense if you can sell on profit after the merge since traders is buying ETH lately when merge announced. There's really a chance that there might be a sell off happened but that's not guaranteed because there's a chance too that the price will pump more once the merge effect is good on Ethereum ecosystem.

Taking profit is the best thing to do if you are uncertain with the market. Avoid being FOMO after you sell so that your judgement will not be clouded when you are buying back again.

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September 11, 2022, 05:40:48 AM
 #22

Sounds good idea all around - always a good idea to sell before major upgrade, and buy soon after if you are going to accumulate long term. Ether seems good for long term anyhow.

Everything will be great if it turns out the way we think it should, but if it doesn't turn out the way we think, ethereum will not decrease and will increase continuously, we not only no longer have the opportunity to buy at low price, but also lose part of the profit. Everything is very unpredictable so it is impossible to say that it will decrease immediately after the merger event ends.

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September 11, 2022, 06:23:16 AM
 #23

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
There is a possibility that after the merger there will be a massive sell-off that will occur because at this time it seems that some investors are buying ETH coins to participate in the event, so there is a possibility that it will happen but we better see first how the ETH coin price moves after the merger and if later there are signs of a decrease in price then sell immediately.

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September 11, 2022, 03:24:03 PM
 #24

Just do what you want to do with your money, the form of investment you choose is definitely your best choice, because DYOR always recommends it. For sure, don't be careless and don't just get hit by Fomo
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September 11, 2022, 03:26:43 PM
 #25

everyone has a prediction that they think is most correct. what is your idea in my opinion is not wrong, but can you be that sure with your predictions? what if after the merger there was a massive purchase, I don't think it is appropriate to sell it now, moreover there is no movement at this time when the day of the merger is approaching. there is usually a boom before the price plunges. this in my opinion.

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September 11, 2022, 03:32:57 PM
 #26

It will be a double edged sword, I guess. What if the moment you sold your bag or assets, is also the point wherein the price started to increase? The problem here is lack of assurance. Indeed, the idea is good bat it is lacking assurance. I think it will be better to let alone your bags, then just prepare money to buy or reinvest to a coin of your choice, a matter of adding more amount to your investment. The reason why is because it would be safer simply because you still have your money with you; if ever the prices don't go up, no lesses would be decared, and also you'd still fulfill your idea of buying more during the downfall of the prices, right mate?

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September 11, 2022, 04:54:21 PM
 #27

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

It does make sense.  As we can see before the ETH merge event, the market is greatly hype, I think the hype coming from the event will eventually die after the event so we would be expecting that a massive dump will occur since many will be cashing out to take their profit.  So if you plan to take advantage of the possible situation then it is a good move to sell before the big dump happen and accumulate when the price dump.
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September 11, 2022, 04:55:15 PM
 #28

Well ask yourself what's your reason to think there would be a drop in crypto-currency market price. First let's talk about the Ethereum merger, it's not hard to understand that this merger isn't for the downfall of Ethereum but a thoughtful decision they have to take moving forward to ensure even more improvements.
I personally don't understand the FUD that is surrounding this up coming merger and none has giving any reasonable fact as to buy they think the market would be affected negatively.

Mergers like this would almost impossibly never stop happening and they are just but necessary decisions, I think it's no sense selling all content of your portfolio, if you have negative feelings about the Merger then you can check out some of the coins most vulnerable if things goes bad and sell them off rather than selling all. You may just be buy them at same price or more expensive than you sold off.

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September 11, 2022, 05:07:36 PM
 #29

some people think this merger is related to the massive sales because initially there will be adjustments for the start of the new system. it doesn't matter if you sell it first, this is a safe way if you are sure of your prediction. we have our own predictions I prefer to hold it because the current market is very safe even though the merger day is near.
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September 11, 2022, 05:09:49 PM
 #30

pump or dump either of them could be happened. we cannot say exactly. it's better of doing DCA from now. these are bottoms for all cryptocurrencies and most of stocks as i know. ethereum merge will lead  the road to the moon or maybe not. but always keep in mind that most of crypto investors are waiting for  ethereum merge,  all eyes on ethereum now. the purpose of ethereum is not reducing the ethereum gas fees but to turn from pow to pos. ethereum foundation has stated it recently. so do your own research about all of these . good  luck.

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September 11, 2022, 05:34:52 PM
 #31

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
The merge may not result in a massive sell-off as expected; however, any investment involves risk; therefore, you should conduct additional research on the merger; however, you should not sell off all of your crypto bags in the hopes of buying back at a low price; otherwise, you may lose everything. Keep your crypto bags until the next halving before selling if you want to make more money.

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September 11, 2022, 06:21:46 PM
 #32

Making sense, there will be a massive shift in value and supply upon the merge. But very risky and could backfire, so I would not do that.

What if the price goes up? What if the price goes down? What if the market crashes and bags lose value? All of that is a possibility. That's why I won't pursue this course of action. If you can handle these risks, then by all means, good luck to you.

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September 11, 2022, 08:29:42 PM
 #33

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.

It will be like a lottery. No one knows exactly how ETH will behave after the merger. There's no sure sign that it will fall or rise sharply after the merger. Your plan of short-term speculation through the merger is too risky. Right now, ETH has already risen quite a bit, approaching the $1,800 mark, even though it was worth about $1,400 2 weeks ago. A classic case of the novice investor could happen. Either you will buy ETH and after that the price will go down, or when you sell it, it will go even higher. Smiley

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September 11, 2022, 08:31:52 PM
 #34

Have been hearing people saying their will be a massive sell of but am not sure yet, everybody are just predicting and thing's might not be like that at the end, if you have done your research well and you believe what people are saying then I think you can just sell and buy back later, but I will advise you, since nobody is sure about what will happen after the merge then I think it's just better you sell off 50% of your coin and leave the remaining 50% and see what will happen, if their is a heavy sell off then you can use the 50% which you sell to accumulate more coin after dumping and if the coin keeps on pumping you will know you are having 50% and you won't be left behind.

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September 11, 2022, 09:52:21 PM
 #35

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
If we do base up on common behavior or price movement whenever there's some big news or updates then there's usually a sell off but no one really knows if it would happen early or after the event that's what makes it hard to predict and made up decisions in regarding to this.

It's up to you in the end of the day and never intend to listen others suggestion yet we are all speculating on this market as always which does means that you do need to rely on your own most of the time.

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September 11, 2022, 11:44:07 PM
 #36

The result of the merge itself is still unpredictable whether it will be successful and good for the next or not.
But if you have analyzed the situation and gotten the exact source to trust, why don't you split or divide it? So, you may get the chance of what you are saying after the before and merge to make high profits. But you also still have the least if something that you thought doesn't happen and goes unexpected.
Actually, this merge is still debatable. So, this seems to be very unpredictable, and gamble to decide 100% on it.
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September 12, 2022, 02:58:50 AM
 #37

study and be careful on the news It can even be an excuse for people to FOMO and buy everything they can get their hands on no evidence or good sources that there will be a massive sale after the merger, not for a good recommendation

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September 12, 2022, 03:24:40 AM
 #38

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
If you think it's true and right after you research if after the Merger there will be a massive sale then just do it because it's your right to do it and most importantly you do it in a favorable situation and buy it back at a low price.
no one can predict accurately after the Merger occurs and it all depends on your own belief and research to decide, and if it makes sense you will make the right decision.

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September 12, 2022, 03:33:52 AM
 #39

Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
If you are doing this just because of the famous quote "Buy the rumor, Sell the news" then I think there is no harm in trying as long as you are ready if things aren't going the way you are expecting it to be Smiley.

Well, we've seen sometimes where a particular project had a sell-off after having good news or a new addition to the project happened. There is nothing wrong with your strategy, I think. It's just that, there is no assurance that a massive sell-off will happen after the merge, but if it will happen then you will have huge profits. Just be ready and since you are a newbie, just do more research.

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September 12, 2022, 03:49:51 AM
 #40

if you're new to crypto, it's enough to filter what you're doing. If you're determined, go along with the news circulating for analysis for the merger. If there's a reason to wait for the moment, I don't think you're in a hurry to make a decision. quite dense and need more graphics for further categorization. maybe there are other actions that must be prepared in managing and executing

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