Topic: ETH USD going down has two positive effects - page 4. (Read 1380 times)
Yeah, you're right at some point, but the drastic fall isn't just what I wish for. The only reason I agree with you is that this fall allows new investors to invest more on these coins, which seems to be a very good opportunity for them. But, the fall rate is just too much; I must tell.
I simply don’t notice really positive things, because I don’t see the point that cryptocurrency prices are falling today. The only advantage that I see and hear today is that investors are not buying so actively today, but they still do it.
That can be said to be dumping, the price is fluctuating with very cheap price, many people buy in and will be profitable also there are people who lose money. Things that you hear and see may be faked or cheated, be careful
. I think that we see a good example of manipulation.
Few weeks ago CEO of Bitmex Arthur Hayes said that Ethereum is useless coin with value under 100USD.
Now that was such a good prediction, ethereum is indeed going down to that level but about ethereum being a useless coin, this is debatable as hundreds of projects have used and upcoming ICO are planning to use it. I have not known any investors or holders without an Eth wallet. Few weeks ago CEO of Bitmex Arthur Hayes said that Ethereum is useless coin with value under 100USD.
I agree with your opinion, and I think the decline in eth prices provides a good opportunity for beginner investors to get eth coins. Because they can reach to buy eth coins with just the low capital so that it does not demand this possibility, it will increase interest investor against eth.
Personally i think this massive dip below 100 bucks is a great buying opportunity, those who buy now and wait for some months can reap huge returns at the same time the market is really discouraging at the moment not only for short term investors but also the serious investors, i know people invested large sums into crypto last year especially eth just have a look at it, from 1400 highs it is now trading around 80 bucks which is a decline of like 15x or more and reversal does not seem to be around yet, so the situation is quite bad and we can do nothing but hope for good time to be back soon.
right, when eth prices go down, this is an opportunity to buy for traders or investors, but I think if we buy eth then we have to hold it in the long run to get big profits, because many predict that eth prices will improve in the long run.
I simply don’t notice really positive things, because I don’t see the point that cryptocurrency prices are falling today. The only advantage that I see and hear today is that investors are not buying so actively today, but they still do it.
Yeah I think that is a good point to see less market newbies , to see more holders , Also many of the whales are selling their Eth and it helps Eth to get more decentralize , The bad things are :
Many of ICOs can't finish their projects because of Eth price .
It had a bad affection on Eth's blockchain based token.
Many of ICOs can't finish their projects because of Eth price .
It had a bad affection on Eth's blockchain based token.
It's bad for ETH to keep going down, as such ICO projects that have collected millions of dollars may just abandon the projects and short term traders will surely be discouraged from trading. ETH keeps falling like a scam which is not healthy for investors.
I think so. Any time this project continues to develop, it will prove its worth. The rest I think will become worthless crypto coins. This time a lot of us are losing money but need to look at the long term.
The positive efffects of ETH going down
1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.
Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.
Agree?
Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork
For me the positive effect of ETH price fall was everyone can afford it to buy and hold. Because i believe that ETH will Bounce back in the right time . I still believe in the Ethereum charisma and power to lead after this Bearish condition was over.1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.
Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.
Agree?
Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork
Good times to buy indeed
The positive efffects of ETH going down
1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.
Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.
Agree?
Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork
For me the positive effect of ETH price fall was everyone can afford it to buy and hold. Because i believe that ETH will Bounce back in the right time . I still believe in the Ethereum charisma and power to lead after this Bearish condition was over. 1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.
Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.
Agree?
Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork
Ethereum oprice going down is a good news for most investors because they can invest to it at a double digit price which could bring unexpected income for those lucky investors that will be able to buy that altcoin at its lowest price. Unfortunately, this is a bad news for most ICOs because they will be short in funds developing the project because of the price dump. This is a good opportunity to invest for a profit by next year.
Just like other coins or altcoins, ethereum is no exception. If ethereum price is going down and lower than expected then it is favorable to traders but not to investors. Investors can be a trader but most of them want profit and increasing price so that their money can have profit. And newbies? They are afraid of losing because of decreasing price of ethereum, they are the only one who will dump their holdings for a bigger lose because they are afraid that if they hold on for long term, their loses will be much greater.
That's why it's key to have a long term perspective.
Just like other coins or altcoins, ethereum is no exception. If ethereum price is going down and lower than expected then it is favorable to traders but not to investors. Investors can be a trader but most of them want profit and increasing price so that their money can have profit. And newbies? They are afraid of losing because of decreasing price of ethereum, they are the only one who will dump their holdings for a bigger lose because they are afraid that if they hold on for long term, their loses will be much greater.
there is definitely some good outcome from the whole market going down but the bad effects are much bigger. What about the legit good projects that suddenly found that what they raised decreased by more than half! This is for sure a bad thing and one of the main reasons a lot of ICO paused and currently on hold and holding people money with them, and not only that, what about investors that suddenly found their investing frozen due to the market condition. In my opinion, the bad is much more than the good from the Ethereum price drop.
It is good to point out that bad projects would be wiped out what about good projects that we lose out because of their bad management of their treasury, not because the projects is bad but because they are stupid enough to hold all their funds in crypto as most people preached HODL and the whole project suffers, the disturbing thing now is that why do ICOs has for $50 million when we have seen now after the crash that they can do with $5 million
For positive thinkers out there, they will sure find good news from bad news. One of the good news of long bearish market is that scammers are slowly moving away from ethereum, the king of ICOs. Also, the awareness of the people here made some not.so good projects easily exit the fields.
funny how a "trustless" technology needs so much trust from investors huh?
For positive thinkers out there, they will sure find good news from bad news. One of the good news of long bearish market is that scammers are slowly moving away from ethereum, the king of ICOs. Also, the awareness of the people here made some not.so good projects easily exit the fields.
The positive impact of the decline in ethereum is that of course ethereum prices are cheap and this is an opportunity to be able to buy them to be invested in the future, I believe ethereum for the future will continue to grow and still provide good profits for investment
It will be interesting to see what Ethereum 2.0 brings to the table
don't let you get lost with someone who can only speculate here.
always believe as you believe, the first time you invest in ETH.
always believe as you believe, the first time you invest in ETH.
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