Post
Topic
Board Altcoin Discussion
Re: This makes sense or not?
by
tvplus006
on 12/09/2022, 20:27:27 UTC
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.

If you are confident in such a development, then you can sell not only the ETH you have, but also open a margin short position. But there is no guarantee that the ETH price will dump after the merger, just as there is no guarantee that the price will start to rise immediately. Therefore, it is solely your decision what you need to do, since you are the owner of your deposit and it is you who will bear financial losses if your forecast turns out to be incorrect.