BTC to ETH? or no?

[Kevin Proctor]

I only have 0.2 in btc I bought when the price was in 14k dollars
since then I've been waiting for the time to sell and redeem at least half of the invested!
my question is
compensates it trades it for eth at this moment with the esperan that rises from 150 $ to 250 $ in short time?

obs>sorry about my English

 

[bfcrew]

Just HODL your BTC at the moment, the price is still low, wait until BTC is up to $20k and your 0.2 btc will turns into $4,000
Exchanging to ETH or any other cryptos would even matter, because all other cryptos price are following bitcoin price

 

[SMSCodes]

you could always look at trading other alt coins and not just ETH .

www.coinmarketcap.com

 

[blackhatadam]

Hold for sure and sell when you're comfortable, just don't wait until a miracle happens, because it most likely won't.

 

[Social God]

I’m going with ETH at the moment because I think it’ll have better ROI. It’s only an opinion so we’ll see what happens.

 

[blackhatadam]

I’m going with ETH at the moment because I think it’ll have better ROI. It’s only an opinion so we’ll see what happens.

When do you think you'll sell?

 

[IG Professor]

Imagine the ppl who bought at 6k?
Now they are holding -- waiting for a retrace to sell their bags in break even.
So I believe that it will take at least 9 months to sell in your bag in 14k or 9
Just be patient and wait in the line

 

[Kevin Proctor]

Imagine the ppl who bought at 6k?
Now they are holding -- waiting for a retrace to sell their bags in break even.
So I believe that it will take at least 9 months to sell in your bag in 14k or 9
Just be patient and wait in the line

I was thinking of taking advantage of the fork of eth, changing my btc for eth that moment which is equivalent to 3,5 eth and sell for 250 $ in your fork, then back to btc and hold

 

[yakusacyberlink]

hold btc, maybe btc or raise up again...

 

[Extruser]

Why go all in?
At the moment:
0.2 BTC = $ 800
1 ETH = $ 160

Buy 2.5 ETH.

If ETH price rises a lot more than BTC, sell your ETH back for BTC.
You have now more BTC.
Might not seem like a lot, but when the BTC price reaches old levels,
0.24 BTC will be a lot more than 0.2 BTC.

 

[dankepika]

I think you can convert 0.1 BTC to ETH using any cryptocurrency exchange so you can have best of both worlds.

However, I can't say if it's a very good strategy. I did the same in 2018, and I regret it.

 

[awesomewebsites]

Since you already bought at high price, it is better to wait and let the prices recover. Also, most of the alt coins will just follow the trend of bitcoin so it will not make much of difference.

 

[Kevin Proctor]

Since you already bought at high price, it is better to wait and let the prices recover. Also, most of the alt coins will just follow the trend of bitcoin so it will not make much of difference.

I'm still in doubt! if I change my btc by 4 eth, if eth rises to at least 600 during the course of the year and btc 11k, I will have more profits with eth from with btc
maybe with your hard fork come on

 

[CryptoKujira]

I recall sitting on my computer the day Bitcoin rocketed up to 20,000 briefly. The price was jumping up and down at more than $500 a minute and my phone was blowing up from my crypto friends as we were all glued to our monitors cheering it on. Serious euphoria moment.

Most nuts thing I've ever seen in markets. I had already cashed out my positions so I had no skin the game at that point. But watching those buy orders come in for BTC at $18k or more. It was shocking to see the amount of risk people were taking at that point. Fun to watch though.

As for your question, BTC and ETH still heavily control the price movements of the entire mraket. Perfect example is when ETH went on a bullrun, and at same time, all other altcoins paired against it tanked hard, as all that money moved over to ETH.

 

[NoobIM]

Hold hold and hold I also bought btc at 18k$

 

[CryptoKujira]

Hold hold and hold I also bought btc at 18k$

And no stop loss in place? You would fall into the far upper right of a risk analysis chart. That's living on the edge.

Curious. Did you buy in at 18k on the way up, or after it had peaked and was rapidly dropping?

 

[Compazz]

dont rush hold it you will be loosing way too much money by doing anything else

 

[CryptoKujira]

dont rush hold it you will be loosing way too much money by doing anything else

So true. Unless you're really good at day trading and absolutely nailing those retracements, having that money in almost type of other investment is going to provide a better return with less risk.

 

[CryptoKujira]

Getting back to op question, if you're not fully understanding how the market works you probably shouldn't be playing the game. I'm just saying. Asking us whether you should move your money is not a good idea. We don't know what your risk profile is. How much money you have in the bank. How badly you need the money. All we know is your long term goal is getting half of it back.

Also, ETH went up because of upcoming Constantinople upgrade. Anticipation for a more efficient ETH blockchain. But upgrade has been pushed back again, so all those buyers sold off again and so back down it goes.

 

[Saketik]

dont rush hold it you will be loosing way too much money by doing anything else

Yes, several months will pass before BTC can start climbing to the hill again, and you need to be extremely patient all this time.