Quote from: Washika on June 09, 2016, 11:46:37 AM

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Quote from: sanadas on June 08, 2016, 08:05:16 AM

I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.

Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year. I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.

It is impossible for the Ethereum price to reach $1 again. If it does, it means Ethereum is a dead coin.

Yes. I think the lowest price the bitcoin can go in the short term is about $7. The mining cost is about $6 now.

For some low cost miners or the big mining farms, their cost could be lower than $3, so $3 is also a possibility.