Is it time for me to swap my ETH to BTC?
Is it time for me to swap my ETH to BTC?
Hi,
I started buying ETH and mining ZEC in 2015 until 2016 and got in a lot of coins. I stopped mining and buying anymore cryptos in 2017 and just held on with what I had. A year ago I swaped all cryptos beside ETH to BTC. Currently, my wallet is still composed of a majority of ETH.
I noticed ETH has been gaining value vs BTC and now is starting to go down a little bit. I am just wondering if I should swap them all for BTC? I think Bitcoins is the safest currency to keep for the long term while Ethereum has been fluctuating too much in my opinion.
Thanks
Both ETH and BTC are good, but ETH is not viewed as a store of value. If you check the price charts of ETH and BTC, you will see owning BTC is better than owing ETH.
It’s time to swap BTC to ETH, not the other way around. ETHBTC is still low relative to past cycles.
So much whales swap their btc to eth. You do opposite, very smart