Post
Topic
Board Altcoin Discussion
Re: Ethereum on the rise: Sell or HODL?
by
geegaw
on 15/05/2021, 18:43:15 UTC
It looks like Ethereum is on a non-stop road towards success as people keep pouring money into it like crazy. With several upcoming upgrades on the Ethereum blockchain, things will only get better for the native "Ether" cryptocurrency. Day by day, I'm tempted to sell all of my ETH holdings for profit. But some are saying that ETH will be worth $5k or even $10k in the future. This makes me wonder whenever now it's a good time to sell or continue "hodling" until ETH reaches the aforementioned price range.

If you were in my position, what would you do? Would you sell all of your ETH during the current bullish market? Or will you "hodl" and wait until it goes to $5k - $10k? Do you think ETH's current prices are sustainable? If not, why? Any suggestions, or recommendations will be greatly appreciated. Thanks. Smiley
Most eth have moved from exchange to private wallets. That means many big whales now planning to hold eth for long duration. This is the time to hold as eth is improving fast on technical front and is being widely adopted by various business.
I would not sell before $10k
Switching to private wallets can also be because quite a few people no longer trust exchanges, a lot of investigative information has recently appeared with exchanges, so ethereum being moved out of exchange wallets is more secure, speculating a whale's direction based on wallet address is probably an overly classical scheme, don't get lost in the fog like that. Ethereum may be in a period of improvement but will it be able to resist the mainstream of bitcoin, the pullback is already strong and affects ethereum pretty much