RE: Is it wise to trade Bitcoins for Alternate Coins?

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Is it wise to trade Bitcoins for Alternate Coins?

in cryptocurrency •  8 years ago  (edited)

It really depends on your timing. I started off in the cryptocurrency space with a small purchase of BTC, 1/3 of which I swapped for ETH. By mid April my ETH was worth as much as my BTC so I foolishly (in hindsight) swapped the ETH into BTC. Since then ETH has doubled in price and BTC has also gone up dramatically, but not by the same amount. If only I'd kept my ETH!!!

cryptocurrency
8 years ago by

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      ·  8 years ago 

    Word up. You knew about it before the big pumps. Now that Bitcoins aren't making $100 daily jumps, it's time to see which coins really hold their value. ETH deserves it #2 spot because it seems to have some purpose besides a medium of exchange. Me, I have no ETH. But ETH could be worth Bitcoin prices in a few years. ETH shouldn't be a shitcoin.

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