Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
gabmen
on 26/07/2018, 13:57:34 UTC
Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?
I think that it makes sense to have both of these coins in your portfolio. I'm sure that both bitcoin and ethereum will reach a new high of the price this year. We get a lot of good news from the developers of the ethereum, this gives hope for very good growth. At the same time, bitcoin is the foundation of the whole market and the price for it will grow in the first place.


Right. And it's always a good idea to have investments in the top alts since these already command solid following and support. It's a win win if you have ethereum especially in the long run.