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Author Topic: Bitcoin or Etherum?  (Read 9279 times)

Offline Sim_card

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Re: Bitcoin or Etherum?
« Reply #90 on: July 01, 2024, 04:42:21 PM »

If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.

Right now, every sats is important when people are looking for Bitcoin to hit $1 million; for the majority of us, it is hard to obtain one Bitcoin, but that does not mean that we should look for other coins to HODL and make a profit we can do DCA a $50 worth of Bitcoin every week, that is going to worth a lot in few a years, so we should not delay accumulating sats however small.
This is what makes bitcoin more unique than other assets not in the same line with bitcoin because it gives room to poor people to also invest by using as little as $10 to buy some Sats. DCA is the best strategy for mostly the poor because they cannot have huge amount of money to lump sum due to their little income and high responsibility. The important thing with DCA is if you can be consistent with buying regularly either weekly or monthly for 4-10 years and above, you will be surprised at the amount of bitcoin that you have accumulated overtime.

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Re: Bitcoin or Etherum?
« Reply #90 on: July 01, 2024, 04:42:21 PM »

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Offline Dr.Bitcoin_Strange

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Re: Bitcoin or Etherum?
« Reply #91 on: July 02, 2024, 08:43:22 AM »

If you've got the funds to buy a Wholecoin, awesome but if not, you could buy in sats and HODL and still make your profits.

Right now, every sats is important when people are looking for Bitcoin to hit $1 million; for the majority of us, it is hard to obtain one Bitcoin, but that does not mean that we should look for other coins to HODL and make a profit we can do DCA a $50 worth of Bitcoin every week, that is going to worth a lot in few a years, so we should not delay accumulating sats however small.
Indeed, every Sat counts, whether you're a large scale investor or a small scale.
Sometimes it's even more effective and profitable to invest bitcoin by bit on a regular interval, even when you have the money to lump sum, except of course you're currently buying a DIP, but if it's a bear market, or even in the middle of a bull market, tye DCA strategy can be a lot more effective because it'll give you the advantage of buying at different price points, you can even buy more when the price is lower and less when the price high.

Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.

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Re: Bitcoin or Etherum?
« Reply #91 on: July 02, 2024, 08:43:22 AM »

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Offline vegasus

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Re: Bitcoin or Etherum?
« Reply #92 on: July 02, 2024, 05:37:59 PM »
Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.
If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.

What is certain is that holding Bitcoin for the long term or doing DCA is a good and potential choice. Oh yes, regarding BTC and ETH, if it is still possible, why not diversify the money into those two coins? because BTC is an ideally great crypto, and ETH too, a really awesome coin for holding, right? So, why don't we do it in both, right?

Offline Jewan420

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Re: Bitcoin or Etherum?
« Reply #93 on: July 08, 2024, 09:19:25 AM »
What would be the best investment for a better profit?

Bitcoin can be a good choice to invest. Bitcoin and Ethereum are the top two cryptocurrencies. Two things are important for investment (1) Assurance of profit (2) Trustworthiness. Both Bitcoin and Ethereum have these qualities if you are investing for the long term. Like other cryptos, Bitcoin and Ethereum will not expire. Since Bitcoin is the top crypto I would rate Bitcoin more than Ethereum.
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Offline bounceback

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Re: Bitcoin or Etherum?
« Reply #94 on: July 08, 2024, 09:44:57 AM »
Difficult comparison which one worth it for investing between Bitcoin or Ethereum because both of them have good and get much profitable for investing. I think if my capital above $60k I will prefer for investing in bitcoin and take profit around bitcoin up and down around 3% until 4% in short term.
But have small capital seems Ethereum have lower price than bitcoin seems more bigger chance to earn much profitable due increasing and decreasing price drastically than bitcoin.
Today both Bitcoin and Ethereum worth it for investing after going down, if you have capital buy bitcoin or altcoin then hold around one week later get potential earn around 20% profitable.

Offline Ricardo11

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Re: Bitcoin or Etherum?
« Reply #95 on: July 09, 2024, 11:40:12 AM »
Bitcoin is the top cryptocurrency coin, followed closely by Ethereum. However, most investors prefer Bitcoin for long-term holdings, as Bitcoins are more profitable and less risky for long-term holdings. Since bitcoin and eth are the top cryptocurrencies, we cannot leave Ethereum behind. Because Eth also provides high return on long term investment, now it is a personal matter which coin to invest in. Because both coins provide high return, in this case personally I love to invest in Bitcoin and I always invest in Bitcoin.
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Offline bee

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Re: Bitcoin or Etherum?
« Reply #96 on: July 09, 2024, 02:29:06 PM »
If you want the number of fractions to look a bit large, choose Ethereum. What you need to know is that ethereum has a larger ecosystem where you might be interested in exploring this business. Automatically your risk is greater, not about value, but about the security of your wallet.
Bitcoin doesn't have that big of an ecosystem, but it is quite popular with many parties. Wherever crypto is legalized, bitcoin is definitely the first on the whitelist.

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Re: Bitcoin or Etherum?
« Reply #96 on: July 09, 2024, 02:29:06 PM »


Offline kulkhan

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Re: Bitcoin or Etherum?
« Reply #97 on: July 09, 2024, 04:31:46 PM »
Bitcoin is the top cryptocurrency coin, followed closely by Ethereum. However, most investors prefer Bitcoin for long-term holdings, as Bitcoins are more profitable and less risky for long-term holdings. Since bitcoin and eth are the top cryptocurrencies, we cannot leave Ethereum behind. Because Eth also provides high return on long term investment, now it is a personal matter which coin to invest in. Because both coins provide high return, in this case personally I love to invest in Bitcoin and I always invest in Bitcoin.
I also think Bitcoin is best. But some people think Ethereum will give first and good return within short time. Because Bitcoin price is too high right now on the otherhand Ethereum price is reasonable from Bitcoin.

But i like Bitcoin very much. I think Bitcoin is very trusted and it will give us today or tomorrow. If price were go down no matter down market is best for DCA. Who will follow DCA method he will be huge benefited in up market. So i preferred Bitcoin.
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Offline EluguHcman

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Re: Bitcoin or Etherum?
« Reply #98 on: July 12, 2024, 11:33:04 AM »
Knowing that Ethereums momentum is leaned on Bitcoin and at am times Bitcoin pull up leaves it behind, I think Bitcoin is better but while I consider diversifying of my income, then I would always consider Ethereum reason because they are alike in liquidity and of course same Blockchains which I am confounded on with my digital assets.

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Re: Bitcoin or Etherum?
« Reply #99 on: July 12, 2024, 12:23:28 PM »
What would be the best investment for a better profit?

Bitcoin can be a good choice to invest. Bitcoin and Ethereum are the top two cryptocurrencies. Two things are important for investment (1) Assurance of profit (2) Trustworthiness. Both Bitcoin and Ethereum have these qualities if you are investing for the long term. Like other cryptos, Bitcoin and Ethereum will not expire. Since Bitcoin is the top crypto I would rate Bitcoin more than Ethereum.
It is really very convincing when holding BTC as a long-term asset... but of course not 100% due to price fluctuations being another reason... Bitcoin does have better long-term price movements, but we also have to have strength good holding, such as not being easily influenced by FUD or FOMO... usually this is the main barrier when someone enters the world of Bitcoin trading.

Bitcoin does look convincing, but it still requires calculations too, not just entering and exiting will make you better... its need our brain too.

Offline Dr.Bitcoin_Strange

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Re: Bitcoin or Etherum?
« Reply #100 on: July 12, 2024, 02:06:01 PM »
Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.
If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.

That’s the absolute true, you have spoken exactly what I had in mind. The DCA strategy can be quite useful, especially where time is in your favor and your capital is limited. Thus, it forms a good and constructive approach towards the investment, which is capable of eradicating the imperatives of market risks and timing. However, as you rightly mentioned it does need a little more effort and focus than a conventional ‘buy and hold’ strategy. Again, people are advised to Heed their circumvents, as well as availability of time when developing investment strategies. At some point, it is vital to realize that goal determination should be commensurate with available resources, time, and personal capabilities to achieve success

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Re: Bitcoin or Etherum?
« Reply #101 on: July 15, 2024, 05:08:53 PM »
Let's assume you have $50k to invest in Bitcoin, and the market is currently on a bearish trend, rather investing all 50k, you split the money and go on a weekly $500 DCA strategy, and you'll see that, by the time you finish investing all 50k, you'll be having more than 50k in your portfolio, except there's a DIP in the market.
If we really have enough time to carry out analysis and carry out the DCA strategy well and wisely, then this will be a very suitable strategy, especially at times like this, and with limited capital. It's just that, of course we will be busier than just buying it and then leaving it as a holding. In essence, it will depend on each individual's abilities and the best decision is based on his activities and abilities.

That’s the absolute true, you have spoken exactly what I had in mind. The DCA strategy can be quite useful, especially where time is in your favor and your capital is limited. Thus, it forms a good and constructive approach towards the investment, which is capable of eradicating the imperatives of market risks and timing. However, as you rightly mentioned it does need a little more effort and focus than a conventional ‘buy and hold’ strategy. Again, people are advised to Heed their circumvents, as well as availability of time when developing investment strategies. At some point, it is vital to realize that goal determination should be commensurate with available resources, time, and personal capabilities to achieve success
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.

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Re: Bitcoin or Etherum?
« Reply #102 on: July 15, 2024, 05:57:28 PM »
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.

You must be committed to properly prolonging the investment. Longing the investment can be facilitated by adopting a strong determination and strategy. You can build an emergency fund alongside your investments. Which will come in handy in your emergency and protect you from harm in emergency. If you invest all of your money and don't save any money for emergencies, an emergency may force you to break your investment. It may be worth less than the purchase price at that time, which could put you at a loss.
« Last Edit: July 15, 2024, 06:03:43 PM by Jewan420 »
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Re: Bitcoin or Etherum?
« Reply #103 on: July 15, 2024, 06:04:54 PM »
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.
Slow and steady they say wins the race, and this phrase is completely true when practicing the DCA strategy. One major advantage of this Bitcoin accumulation strategy is that, it helps one ride out the effects of temporary market fluctuations and like you've pointed out, gives one more courage to HODL for the long-term by creating a more conducive environment and stabilizing your emotions even in the face of unfavorable market conditions l, because you're only putting in a part of your income into your investment, and this part is mostly money you don't plan to use in a long time, it's more like throwing some money into a piggy bank with hope of saving it for a long time.

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Re: Bitcoin or Etherum?
« Reply #104 on: July 15, 2024, 09:01:51 PM »
Of course there must be determination, focus and sacrifice with patience for anyone who is investing in order for him to be able to hodli over a long period of time. If DCA is done properly with the right amount, and you do it consistently before you know it, you will be shocked at the amount of bitcoin that you have accumulated for 4 years. It is when you use an amount that is bigger than what you are supposed to use in DCAing is when you will not be able to hodli for long due to some emergencies that will occur.
Slow and steady they say wins the race, and this phrase is completely true when practicing the DCA strategy. One major advantage of this Bitcoin accumulation strategy is that, it helps one ride out the effects of temporary market fluctuations and like you've pointed out, gives one more courage to HODL for the long-term by creating a more conducive environment and stabilizing your emotions even in the face of unfavorable market conditions l, because you're only putting in a part of your income into your investment, and this part is mostly money you don't plan to use in a long time, it's more like throwing some money into a piggy bank with hope of saving it for a long time.
I completely agree with you. Bitcoin accumulation strategy through DCA is a part of people's disposable income which runs for a long time. In the long run, every buy signal every week or month will eventually make your portfolio look unit price decent. As well as the size of the Bitcoin stack. One of the advantages of DCA is that it is a universal method that allows people of all classes, rich and poor, to own bitcoin. But you are recommendation to keep floating cash to meet urgent needs to keep the DCA strategy going for a long time. So that you can meet urgent needs by using floating cash fund without withdrawing your investment. The objective is to continue accumulating bitcoin for the long term.
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