Quote from: MAAManda on Today at 04:30:39 AM

Quote from: AmoreJaz on July 20, 2023, 11:16:39 PM

i am more on the side of selling ERG (if you have any) to buy BTC. just look at the current ranking of this alt and you know that it won't even come near with BTC. but it is your prerogative to invest on this market, you have short-term and long-term plans. so it depends on your strategy here. some can possibly earn profit from ERG on a short-term basis. in this regard, there's no concrete path that you can take, but the profitability depends on your next steps, how you will handle such assets.

Bitcoin (BTC) has more fundamentals than Ergo (ERG), however, it will take a long time to get any real profit if it comes down to investing in Bitcoin (BTC).

I don't blame the OP for being on the Ergo (ERG) side, but it would be wise indeed to invest in Bitcoin (BTC) for now because of the hype that Halving events might create (as I mentioned in my previous post).

Exactly that. I'm thinking risk-reward here. BTC is much safer than ERG, true, but this also means that potential rewards are lower. I think that I will just buy some ERG in the end and keep the BTC that I currently hold.

For anyone who's interested: I've done a bit more research into ERG and what seems to me the most interesting possible catalyst for growth is that they are developing a bridge (currently live in beta), which is called RosenBridge, which enables sending and receiving coins and tokens between Ergo and any other blockchain with supporting multi-signature transactions or threshold signatures (e.g. BTC, Cardano, Binance Smart Chain, Ethereum etc.). What's nice is that the bridge is capable of serving as a hub for interoperability as it allows, for example to send and receive coins and tokens from ChainX to ChainY (e.g. from Cardano to Ethereum) using Ergo....