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Author Topic: Would you sell the majority of your ETH to own an entire Bitcoin?  (Read 5688 times)

Offline LogitechMouse

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #75 on: March 21, 2024, 08:42:19 PM »
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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
Hmmm, kind of hard to answer, but no I will not.

Aside from Bitcoin, Ethereum is the 2nd coin that I want to hold the most, and if I'm a newbie, and I want to buy an altcoin with the lowest risk possible, I'll choose Ethereum. Why would I sell some of my ETH just to buy Bitcoin where in fact, holding it for a few years will yield me some profits whatever happens. Just buying it and holding without any worry, and you will gain profits when you sell it during the bull run. The best thing is that, you will not worry about stress that much because you will not think that Ethereum nor Bitcoin will be a scam project. :)

Don't see your Ethereum just to buy Bitcoin. If you can, just buy both instead.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #75 on: March 21, 2024, 08:42:19 PM »

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #76 on: March 22, 2024, 08:49:49 PM »
Quote
Re: Would you sell the majority of your ETH to own an entire Bitcoin?
Hmmm, kind of hard to answer, but no I will not.

Aside from Bitcoin, Ethereum is the 2nd coin that I want to hold the most, and if I'm a newbie, and I want to buy an altcoin with the lowest risk possible, I'll choose Ethereum. Why would I sell some of my ETH just to buy Bitcoin where in fact, holding it for a few years will yield me some profits whatever happens. Just buying it and holding without any worry, and you will gain profits when you sell it during the bull run. The best thing is that, you will not worry about stress that much because you will not think that Ethereum nor Bitcoin will be a scam project. :)

Don't see your Ethereum just to buy Bitcoin. If you can, just buy both instead.

Many people have the same opinion as you, ethereum is the second priority coin after bitcoin, why should we sell ethereum to buy bitcoin if we can have both. A difficult question when comparing bitcoin and ethereum, because the majority's definition would be the same - it would be best to have both in our wallets.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #77 on: March 22, 2024, 11:57:51 PM »
Many people have the same opinion as you, ethereum is the second priority coin after bitcoin, why should we sell ethereum to buy bitcoin if we can have both. A difficult question when comparing bitcoin and ethereum, because the majority's definition would be the same - it would be best to have both in our wallets.
Yes, you are right, it is better to have both so that when the price of one coin goes up you will still make a profit, because if you only buy Bitcoin and don't buy Ethereum when the price goes up then you will miss the opportunity to make a profit.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #78 on: March 23, 2024, 11:24:07 AM »
Many people have the same opinion as you, ethereum is the second priority coin after bitcoin, why should we sell ethereum to buy bitcoin if we can have both. A difficult question when comparing bitcoin and ethereum, because the majority's definition would be the same - it would be best to have both in our wallets.
Yes, you are right, it is better to have both so that when the price of one coin goes up you will still make a profit, because if you only buy Bitcoin and don't buy Ethereum when the price goes up then you will miss the opportunity to make a profit.

I agree with the opinion that says there is no need to compare Bitcoin and Ethereum, it's better to have both, but I think this is true. buy both and hold on. Instead we waste time comparing the two, because both have good popularity and are always a priority in investment.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #79 on: March 24, 2024, 10:02:48 AM »
I agree with the opinion that says there is no need to compare Bitcoin and Ethereum, it's better to have both, but I think this is true. buy both and hold on. Instead we waste time comparing the two, because both have good popularity and are always a priority in investment.
When buying both, this is a very smart choice because as you said, time will not be wasted waiting for the uncertain, it is better to immediately take action and enjoy the profits when both rise again, I see the price of bitcoin on the exchange has started to return recovered and this had a good influence on Ethereum price movements as well.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #80 on: March 24, 2024, 11:11:52 AM »

When buying both, this is a very smart choice because as you said, time will not be wasted waiting for the uncertain, it is better to immediately take action and enjoy the profits when both rise again, I see the price of bitcoin on the exchange has started to return recovered and this had a good influence on Ethereum price movements as well.

Both bitcoin and ethereum are the priority coins of many people. So it's difficult to choose one, because most investors prefer diversification, being able to buy lots of potential coins for investment.
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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #81 on: March 26, 2024, 10:23:46 PM »
Both bitcoin and ethereum are the priority coins of many people. So it's difficult to choose one, because most investors prefer diversification, being able to buy lots of potential coins for investment.
When it's hard to choose one, why don't you choose both? It's better to have these two coins so that when they both go up you can get a lot of profit. However, you also need to know that prices do not always rise and you have to be prepared when the prices of these two coins fall, which will reduce the value of the asset.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #81 on: March 26, 2024, 10:23:46 PM »


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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #82 on: March 30, 2024, 05:17:34 PM »
Both bitcoin and ethereum are the priority coins of many people. So it's difficult to choose one, because most investors prefer diversification, being able to buy lots of potential coins for investment.
When it's hard to choose one, why don't you choose both? It's better to have these two coins so that when they both go up you can get a lot of profit. However, you also need to know that prices do not always rise and you have to be prepared when the prices of these two coins fall, which will reduce the value of the asset.

Owning both bitcoin and ethereum is the best way to go in the long term. but if I had to choose, I would choose bitcoin because bitcoin is my priority coin. Everyone has their own considerations and beliefs, you can do what you think is best

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #83 on: March 30, 2024, 10:28:58 PM »
Owning both bitcoin and ethereum is the best way to go in the long term. but if I had to choose, I would choose bitcoin because bitcoin is my priority coin. Everyone has their own considerations and beliefs, you can do what you think is best
I also really agree with your choice because so far only Bitcoin has a very bright future, Bitcoin also has a very limited supply so the price has the potential to become very expensive someday, so it is very suitable for long-term investment.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #84 on: March 31, 2024, 05:40:14 PM »
Owning both bitcoin and ethereum is the best way to go in the long term. but if I had to choose, I would choose bitcoin because bitcoin is my priority coin. Everyone has their own considerations and beliefs, you can do what you think is best
I also really agree with your choice because so far only Bitcoin has a very bright future, Bitcoin also has a very limited supply so the price has the potential to become very expensive someday, so it is very suitable for long-term investment.
This limited supply of bitcoin will make bitcoin very expensive in the future. I also have bitcoin in my wallet, but not as much as I have altcoins. because 75% of my crypto set is in altcoins, of course top coins.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #85 on: April 02, 2024, 11:47:09 PM »
This limited supply of bitcoin will make bitcoin very expensive in the future. I also have bitcoin in my wallet, but not as much as I have altcoins. because 75% of my crypto set is in altcoins, of course top coins.
That's right, not all altcoins can provide good price increases in the future because we won't know how the altcoin you own will develop. One example is Ethereum. Currently, Ethereum doesn't want to update the development of the network weaknesses they have, so there is a possibility that The future of the Ethereum network collapsed because it had no more users.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #86 on: April 03, 2024, 02:02:54 AM »
Owning both bitcoin and ethereum is the best way to go in the long term. but if I had to choose, I would choose bitcoin because bitcoin is my priority coin. Everyone has their own considerations and beliefs, you can do what you think is best
I also really agree with your choice because so far only Bitcoin has a very bright future, Bitcoin also has a very limited supply so the price has the potential to become very expensive someday, so it is very suitable for long-term investment.

It's obvious though that Bitcoin has given us big profits, even if you just hold for a year and you timing the market that you brought it at a lower price, it will make x2 at least at the current price of around $70,000.

So yeah, why not? nothing to hold against the best altcoins, but I will say that I'm a Bitcoin maximalist and I only chooses to stay with Bitcoin. And if ever I invest altcoins in the past, I will sell them right away if I made profits already and then shift back everything to Bitcoin.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #87 on: April 04, 2024, 06:49:31 AM »
It's obvious though that Bitcoin has given us big profits, even if you just hold for a year and you timing the market that you brought it at a lower price, it will make x2 at least at the current price of around $70,000.

So yeah, why not? nothing to hold against the best altcoins, but I will say that I'm a Bitcoin maximalist and I only chooses to stay with Bitcoin. And if ever I invest altcoins in the past, I will sell them right away if I made profits already and then shift back everything to Bitcoin.
Yes, it's better to divide your assets well because so far no one can guarantee that altcoins will last long, sometimes altcoins will also rebrand without your knowledge because maybe you are busy working in the real world, so all the assets you have are in altcoins it will no longer be useful, in contrast to Bitcoin which is already valid and there is a guarantee of profit for those who can wait for years.

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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #88 on: April 04, 2024, 04:47:18 PM »
Yes, it's better to divide your assets well because so far no one can guarantee that altcoins will last long, sometimes altcoins will also rebrand without your knowledge because maybe you are busy working in the real world, so all the assets you have are in altcoins it will no longer be useful, in contrast to Bitcoin which is already valid and there is a guarantee of profit for those who can wait for years.

The profits that come from Bitcoin are indeed massive due to good market movement sometimes, but who says no to altcoins as well? Just as Bitcoin guarantees profits, some altcoins can also guarantee profit when monitored properly and cashed out at the right time. Take a look at how BNB performed during the recent Bitcoin uptrend, reaching as much as $600. Imagine buying BNB at $100 or $200; one could have made 6× or 3× profits. Other altcoin like ETH also made an impressive price increase during that time.

But the thing with these altcoin projects is that most of us literally don't trust the market. They can be easily manipulated but can also be impressive at times. I think short-term trading of these altcoins would make better sense rather than a long-term investment plan.
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Re: Would you sell the majority of your ETH to own an entire Bitcoin?
« Reply #89 on: April 05, 2024, 05:01:19 AM »
It's obvious though that Bitcoin has given us big profits, even if you just hold for a year and you timing the market that you brought it at a lower price, it will make x2 at least at the current price of around $70,000.

So yeah, why not? nothing to hold against the best altcoins, but I will say that I'm a Bitcoin maximalist and I only chooses to stay with Bitcoin. And if ever I invest altcoins in the past, I will sell them right away if I made profits already and then shift back everything to Bitcoin.
Yes, it's better to divide your assets well because so far no one can guarantee that altcoins will last long, sometimes altcoins will also rebrand without your knowledge because maybe you are busy working in the real world, so all the assets you have are in altcoins it will no longer be useful, in contrast to Bitcoin which is already valid and there is a guarantee of profit for those who can wait for years.
That's right, that way at least we can get a lot of potential profit when the price of coins on the exchange goes up, but you have to buy potential altcoins and never get into meme coins or shitcoins which are really scary because there is no guarantee of profit there.

 

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