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Author Topic: Would you sell the majority of your ETH to own an entire Bitcoin?  (Read 13847 times)

Offline Wiseman

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #120 on: May 11, 2024, 08:00:03 AM »
The answer to this question should be an answer on how much profit you stand to gain at the end of the bull run.

Since ethereum is the top altcoin we know of, it is believed to give profits in the bull run, I wouldn't sell it for bitcoin. The reason is that ethereum is cheaper than bitcoin. Having one ethereum at $2,900k can give one x3 of profits, compared when using the exact amount invested in bitcoin

The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #120 on: May 11, 2024, 08:00:03 AM »

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Offline enwi

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #121 on: May 11, 2024, 02:53:41 PM »
The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #122 on: May 11, 2024, 03:10:03 PM »
The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.
You are right, bitcoin has limited supply and high demand, this is what makes the price of bitcoin very expensive. Especially after the bitcoin halving, the price of bitcoin should have risen high because miner rewards were cut in half, but why is the price of bitcoin currently struggling and experiencing frequent corrections? That's how unpredictable Bitcoin is

Offline Wiseman

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #123 on: May 12, 2024, 08:23:27 AM »
The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.

Bitcoin has a high price only because Bitcoin was the very first of the cryptocurrencies; there are many cryptocurrencies that have a much smaller supply than Bitcoin and they may not cost anything at all just because they were invented much later than Bitcoin.
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Offline bayu7adi

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #124 on: May 17, 2024, 05:37:16 AM »
[quote author=Wiseman link=topic=314762.msg1555839#msg1555839
Bitcoin has a high price only because Bitcoin was the very first of the cryptocurrencies; there are many cryptocurrencies that have a much smaller supply than Bitcoin and they may not cost anything at all just because they were invented much later than Bitcoin.
[/quote]
Ethereum has its own specialties that make it attractive than Bitcoin, while Bitcoin also has its fans for many reasons. Actually, from a functional perspective, I am more in favor of Ethereum because the smart contract feature really helps a lot in the cryptocurrency ecosystem. Although the facts speak that investors for Bitcoin are bigger and more numerous because Bitcoin is a pioneer.

Between Bitcoin and Ethereum both are the best coins at the moment, so if you don't like one of them, you still have a good choice of coins to use as an investment vehicle.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #125 on: May 17, 2024, 04:59:08 PM »
The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.

Bitcoin has a high price only because Bitcoin was the very first of the cryptocurrencies; there are many cryptocurrencies that have a much smaller supply than Bitcoin and they may not cost anything at all just because they were invented much later than Bitcoin.
I agree, bitcoin is expensive because supply is limited and is most popular because it is a pioneer of crypto currency. As the first crypto, Bitcoin has always been king, that's why the price of Bitcoin is so expensive right now. Maybe if we bought a lot when it was cheap, now we would be rich

Offline IvugeoEvolutionCoin

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I agree, bitcoin is expensive because supply is limited and is most popular because it is a pioneer of crypto currency. As the first crypto, Bitcoin has always been king, that's why the price of Bitcoin is so expensive right now. Maybe if we bought a lot when it was cheap, now we would be rich
We don't need to regret what has happened because basically in 2010 many people still underestimated the price of bitcoin and did not expect it to be this expensive. What we need to do is we have to keep buying bitcoin as long as it is still easy to get. Imagine when miners can no longer produce Bitcoin, what is the price of Bitcoin on the market?

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Offline legend45

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I agree, bitcoin is expensive because supply is limited and is most popular because it is a pioneer of crypto currency. As the first crypto, Bitcoin has always been king, that's why the price of Bitcoin is so expensive right now. Maybe if we bought a lot when it was cheap, now we would be rich
We don't need to regret what has happened because basically in 2010 many people still underestimated the price of bitcoin and did not expect it to be this expensive. What we need to do is we have to keep buying bitcoin as long as it is still easy to get. Imagine when miners can no longer produce Bitcoin, what is the price of Bitcoin on the market?
We have to think about this, if bitcoin can no longer be mined, what will the price of bitcoin be at that time? We can't imagine how high the price of bitcoin would be at that time. It's the same as when Bitcoin was first launched, it's not worthless. If we bought a lot then and held it until now, how much money would we have now

 

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