Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Turkiwi
on 15/11/2017, 15:13:54 UTC
Whoever managed to short BTC when it was trading at about eight thousand must have made a real killing out of it. People are only going long and expect to see always gain, while they forget that they can short the market as well and make money while the value is dropping. Instead of investing your money to ETH, just short it, you'll make just as much money as re-investing your money somewhere else. That's if you're a trader. If you're investing you should already have a lot of ETH stakced and shouldn't wait for forks to happen so that you buy ETH. If you're in it for the long-term you better buy some ETH and stick to it, it doesn't make sense to jump from one coin to another if you are a long-term investor.