Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
Well i can't really tell you for sure if your plan is a good one or not because, just like the rest of the people in here, i can not look into the future to see what will happen to the price of Ethereum once the merge happened. I can give you my best guess though. The first price movement already happened because of the merge when the news became public that it will happen sooner than most people expected which means in a few days now. Back then the price shot up to almost 2000$ per Ether.
Now ETH is running sideways again for the last few weeks. I think the merge itself will not have a big immediate impact on the price. I don't think there will be a instant massive sell off.