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Topic: ETH sheep, buy now? - page 7. (Read 1635 times)

sr. member
Activity: 1876
Merit: 259
June 14, 2021, 09:50:44 AM
#69
Yes, you have to wait until ETH really goes down because many people have been stuck trading just because they immediately bought at the top price, so don't be too hasty to buy something and if you feel bored waiting, then better look at other Altcoins first while waiting for ETH to drop in price.

If you want more profit, you really have to wait for it to really go down, and I agree with your suggestion that it's better to look for other cheaper altcoin alternatives while waiting for the right time to buy ETH.

What is the definition of cheap?
In fact, we never even know if the altcoins we say are cheap will continue to fall.
ETH is perfect for new investors especially if they want to invest in crypto for the long term.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
June 14, 2021, 09:39:58 AM
#68
Yes, you have to wait until ETH really goes down because many people have been stuck trading just because they immediately bought at the top price, so don't be too hasty to buy something and if you feel bored waiting, then better look at other Altcoins first while waiting for ETH to drop in price.

If you want more profit, you really have to wait for it to really go down, and I agree with your suggestion that it's better to look for other cheaper altcoin alternatives while waiting for the right time to buy ETH.
sr. member
Activity: 938
Merit: 251
June 14, 2021, 05:30:30 AM
#67
The typo error on the topic of discussion should be corrected!  The op typed 'sheep' instead of 'cheap' I think ethereum price will still go down a little more!  Despite the fact that there is an excitement for ethereum 2.0 and new upgrade, staking and all,  bitcoin will need be stable before this positive news and status could have an impact on ethereum's price!
full member
Activity: 854
Merit: 100
The OGz Club
June 14, 2021, 05:27:20 AM
#66
I guess it depends your strategy just observe the movement of ethereum. If you think that it can increase for more then you should buy right away or maybe better to wait to go down again if you afraid to buy at high price because that is risky move..
Before buying, we really have to think about it and it's really difficult, for sure.
we also need to analyze it I think it will help in making a decision whether to buy or wait,
apart from that ethereum is an unquestionable coin and it is a good choice for investment
legendary
Activity: 2772
Merit: 1557
June 14, 2021, 05:03:07 AM
#65
Buy if you have as much money as you can risk, but if you're on a tight budget, buying all of them might not be a good idea. It will be better for you if you buy some more every time the price drops.
Many people had an expectation that prices would rise again. But no one can be sure of that, you may lose your money if new corrections comes in.
If you are thinking of a long-term investment, you will win in any condition. Buy it and don't think about it again Smiley
legendary
Activity: 2492
Merit: 1215
June 14, 2021, 01:35:38 AM
#64
Actually Ethereum is a good investment right now. Elon Musk starts his manipulation games again, and Ethereum so far havent started to recover. In fact, during last day it has even lost few tens in price. I would advice buy some Ethereum while it is cheap. And dont forget that Ethereum London update will happen in July.
sr. member
Activity: 1050
Merit: 250
June 14, 2021, 01:24:16 AM
#63
I think the price of ethereum is still too expensive to buy, I prefer to wait for the price of ethereum to fall a little deeper and be able to buy as much as I want, currently the gas transaction fee is still very cheap so I better use it to do erc20 altcoin transactions between place of exchange so that it can make a lot of profit from price differences at the place of exchange.
we often to see traders prefer wait price cheaper before start buying , but unfortunately price never back again and continue its rally.  i am ever do same thing with you and finally decided to bought no matter its not in my buying level.

Well, if you're still in doubt, don't buy. because we never know when the price will go down or up. however, if the price goes up, then you might regret it. however, we don't know when the price will come back high, and because of that all we can do is hold back when we have the opportunity.
we can analize it atleast dude, we have resistance and support level to help us identifying trend.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
June 13, 2021, 09:59:27 PM
#62
Well, if you're still in doubt, don't buy. because we never know when the price will go down or up. however, if the price goes up, then you might regret it. however, we don't know when the price will come back high, and because of that all we can do is hold back when we have the opportunity.
hero member
Activity: 2268
Merit: 507
Catalog Websites
June 13, 2021, 07:52:11 PM
#61
Buy it now.
ETH is no longer at the ATH and this is a good time to grab some.
ETH fees are also cheap so it's a double time that you can take advantage for buying it.
sr. member
Activity: 1428
Merit: 252
June 13, 2021, 07:45:19 PM
#60
Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

I suggest buying, even though many are afraid and most of them are panicked, so now is the right time to invest, I'm sure the demand for ETH will continue to rise so that the price skyrockets again
legendary
Activity: 1890
Merit: 1537
June 13, 2021, 06:13:18 PM
#59
Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?
Yes, you have to wait for the price of Ethereum to go down. To be honest, I think that now is not a good time to buy, as the value of Ethereum has reached $2,500. You have to be patient until you buy the dip. There are also promising currencies other than Ethereum, whose prices are good. You have to examine the market well and identify the tokens that you want to make money from.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 13, 2021, 05:59:24 PM
#58
I think the price of ethereum is still too expensive to buy, I prefer to wait for the price of ethereum to fall a little deeper and be able to buy as much as I want, currently the gas transaction fee is still very cheap so I better use it to do erc20 altcoin transactions between place of exchange so that it can make a lot of profit from price differences at the place of exchange.
If you saw Ethereum's price last year, You will consider it too expensive because of the rally it makes during the bull run. Ethereum price growth this bull run is so big that we don't have any assurance that ETH will return to your target buying price this year.

Do you mean arbitrage trading? Where you will take advantage of the price difference on different exchanges?
hero member
Activity: 3010
Merit: 666
June 13, 2021, 05:53:12 PM
#57
The results of your trades depend on your actions. Buying at low and sell it high is efficient, but the challenge is the time when you have to do that knowing we can't predict the market. In that case, you will in need of TA's (don't ask from others), it is a helping tool for you to help in making a decision but please be reminded that it can't be a hundred percent sure. Yeah, it is very important to watch the market trend before buying.
hero member
Activity: 1733
Merit: 502
Nada y Tú?
June 13, 2021, 05:45:43 PM
#56
Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

The first step is the money that you are going to invest is not necessary in your expenses.

Because if you invest and need the money, it is very likely that you will come out with a loss.


If you want to invest in ETH, right now would not be the best time because it is very inflated.

I would expect a solid floor, that is between 500 USD and 700 USD right now.
legendary
Activity: 2282
Merit: 1023
June 13, 2021, 04:57:54 PM
#55
indeed we do not know how long and how much the correction will take, whether it will get below the price of $ 2K or it will stop at just $ 2K. which means that the correction can reach almost 50% more than the ATH recently carried out by ethereum.
Almost a month and the price of ETH is still hovering  over $2500, i personally did not expect the price to rally this high a few years back but they are creating all these hype through social media and even when the transaction charges were crazy high they were promising that they situation would change after the upgrade and yet we have no idea when that would be and still the price rallied on expectations which is really crazy.
jr. member
Activity: 643
Merit: 1
June 13, 2021, 04:42:34 PM
#54
The primary idea of trading and investing is to buy low and sell high. If the price continues to grow, you'll have to wait until it reaches a low point before joining the market and buying ethereum.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 22, 2021, 05:01:25 PM
#53
Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It's really not advisable to invest in ethereum, if you are considering holding for short term, because ethereum is on its highest level now, Though there's still a lot to be accomplished and the possibility for massive growth is high. To be on the safe side, it's good to invest in ethereum if you want to hold for long term.
Of course Ethereum is very good now. But buying directly now is not a good idea. The market is very impulsive, and you can still wait for a correction. Then it will be better to buy!
indeed we do not know how long and how much the correction will take, whether it will get below the price of $ 2K or it will stop at just $ 2K. which means that the correction can reach almost 50% more than the ATH recently carried out by ethereum.

If there is still a deeper correction, of course, you have to wait patiently until it is completely finished, for the opportunity to buy, but if you buy it too late you will lose the moment to be able to enjoy the benefits of the correction.

So you must continue to monitor the movement of ethereum at all times because the movement is quite fast and can be unpredictable.
member
Activity: 812
Merit: 10
May 22, 2021, 03:42:35 PM
#52
Buying low and selling big is the fundamental principle of trading and investing. If the price continues to rise, you will need to wait before the price falls to a low level before entering the market and purchasing ethereum.
jr. member
Activity: 706
Merit: 4
May 09, 2021, 01:32:38 PM
#51
Anyway it depends on your strategy. You can never predict the top of a coin, especially in a bull market. And with the upcoming upgrades to Ethereum blockchain, more price growth is expected. I sold some ETH off at $350 thinking to buy lower but the price kept rising.

I didn't buy again until ETH reached $1600 last month. Now, I'm comfortably sitting at more than ×2 of my entry. And I'm in for the long term, I don't care what the price is kow. But for short term traders, the price may appear too high to enter.
sr. member
Activity: 1498
Merit: 443
May 08, 2021, 06:32:08 PM
#50
There will be always the same question, when is the better time to buy ETh, is it good to buy ETH right now, and so on. Until the price keeps increasing and we still don't decide to buy any ETH.
Sometimes a brave decision is needed but still based on our own research. So far I can set a price for buying ETH or other coins. And they take profits at certain rates after getting profits. However, for ETH itself, I am still very sure about the rate that can really keep increasing.
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