Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin vs eth
by
RTX-G53
on 13/11/2024, 03:33:29 UTC
A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much
I understand your thinking.  A year ago you bought 1BTC and 20 ETH as the price dropped and you are wondering whether to invest in ETH anymore.  Cryptomarkets have price volatility and prices fluctuate.  If you have high hopes for ETH that it will increase in value in the future, you can sell some BTC to ETH, but there is no need to sell all BTC.  As a result, you can also ensure some profit and maintain the potential security of Bitcoin.   Basically the crypto market is very volatile so it's best to do your own research and decide on your risk tolerance.