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Topic: Ethereum drop gets me worried. - page 4. (Read 1998 times)

member
Activity: 319
Merit: 11
December 03, 2022, 04:43:57 AM
Ethereum is the second strongest coin after Bitcoin, the influence of ETH is very strong in the market because most projects use the ERC20 network that requires ETH to be able to transact, of course things that are difficult to fight the market when you're bearish as it is today, but I'm not worried about Eth because when it The market improves, ETH recovered soon.
member
Activity: 1708
Merit: 13
KUWA.ai
November 27, 2022, 06:31:39 PM
We are in a bear market, all altcoins fall in price following the movement of Bitcoin, even ETH is not spared from this bear market, the possibility of ETH below $ 1K is very big, prepare yourself.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 25, 2022, 04:29:10 PM
Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.
There are reasons on why eth are still on the second place and won't overcome btc easily. It can be because of its supply because we know that eth has an unknown supply before but now that it was upgraded to eth 2.0 I think its supply is known now but it might still be higher than on what btc have. Eth is also centralized and many people doesn't like that fact.

We only think that the increase on eth is higher than in btc because it is a much smaller coin but at the end of the day, btc can still win this competition. The foundation that btc already built is already strong and it will hard to destroy anymore but it will only be added for more.
hero member
Activity: 2968
Merit: 640
November 25, 2022, 06:38:03 AM
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.
wrong in that mate, remember that back in 2018 in altcoin season , Ethreum made it on the top while Bitcoin is dumping that whole year.
Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.
legendary
Activity: 2212
Merit: 1199
November 24, 2022, 05:22:27 PM
Ethereum drop because of the price of the Bitcoin. Yesterday the price of bitcoin was good, So same was reflected on the Ethereum. Ethereum was the potential as compared to many of the coin. My suggestion to you is to hold till the price of Ethereum back to the normal price and pump to the market. And BNB price also started to reduce in recent days. Most of the old traders had their funds in Ethereum and bitcoin. So the volatility of price is not possible in this two coins. The positive one is the price of this two coins will back to any all term in a very short period. So it’s the stable coin.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
November 24, 2022, 04:46:57 PM
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

Just like your statement, I also plan to buy some more eth in this current situation.  Because eth is an investment instrument both long term and short term.  So why have doubts about this coin?
I recommend focusing on the long term instead of the short term, ETH like bitcoin is suitable for the long term and always grows well in the long term. You should buy now instead of planning, if you are waiting for a lower then beware as we may be at the bottom and the price could bounce at any moment. Just looking at the ATH we can see that this price is too cheap to buy.
full member
Activity: 2576
Merit: 205
November 24, 2022, 05:03:20 AM
No worries, that's how the market plays
if you are ready and knowledgeable about the market then yes never worried but like op? that seems to be a weak handed investors? I'm sure we cannot see it from him to act like that.
worrying is part of their attitude and that made them vulnerable in this kind of market situation .
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.
wrong in that mate, remember that back in 2018 in altcoin season , Ethreum made it on the top while Bitcoin is dumping that whole year.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
November 23, 2022, 02:56:25 PM
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market.
With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value.
ETH wont be standing on ranking #2 if its a shit project or doesnt have potential.Its true that Bitcoin is really a main trend setter but we should not really remove the possibility that other coins in the market

could really go into opposite side or movement which it is really that truly unpredictable.If ever you would really be that trusting that ETH too much then you wont really be hesitating on buying on the current

price as of this moment.Its up to you whether you could really be taking up risk or not.If it does really make you worried then its up to you whether you should skip on buying or investing or would
wait up even more further for possible bottom price.
hero member
Activity: 616
Merit: 749
November 23, 2022, 01:45:02 PM
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market.
With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value.
full member
Activity: 2576
Merit: 205
November 23, 2022, 06:32:07 AM
Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.
as long as you are investing in trustworthy coins ? then there is no need to worry more but what you have to do is extend the time of holding, meaning if you can only invest short time? then best to double or even triple this for best result.
the hope that investors have been waiting for in certain months of October and November that has occurred will return to recovery, although not with new ATH, it is still far from happening. trying to save ethw which is down to 90% this can make profits that come next month, new ATH 120$ down to 10$ happened too fast, for me this is a good moment that is not wasted
there are still week before December  comes , we cannot assume what will happen but at least take time to wait.
member
Activity: 658
Merit: 20
November 23, 2022, 05:48:14 AM
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

Just like your statement, I also plan to buy some more eth in this current situation.  Because eth is an investment instrument both long term and short term.  So why have doubts about this coin?
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
November 21, 2022, 11:25:14 AM
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 21, 2022, 05:28:00 AM
Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.
Indeed. There are investors who can't handle the decreasing price of their asset that's why they're asking a question like this to have an idea for what other investor's think. Maybe they dont have knowledge about the coin they chose to invest in that's why it's hard for them to understand why this is happening. Bear and bull are inevitable in crypto market, that being said it's normal to see the price to decrease during bear season. So as long as you invest in a coin (in this case ETH) that has potential and established then you can be certain that this coin will recover back once the bear season is finally over.

It's very possible that there are people who blindly invest with their asset without doing any research, those kinds of people who are just new
in this market and only following other people around.

They are unsure to what they'll going to do with the asset that they are holding during the bear season, opinion is part of information that
this people need to stay strong while the dropped continue to happen.

Some may fear and sell their assets the quicker that they can, or some will continue to chase on how they will learn more about the business.
hero member
Activity: 616
Merit: 749
November 21, 2022, 01:49:34 AM
From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.

Even though Ethereum was to dump below $1k, there are higher chances of it recovering with the market when the bill market does start. Ethereum is a blue chip cryptocurency that everyone should have in their portfolio. Ethereum controls majority of the market as her blockchain is the most effective currently and been used for the operation of most product active in the industry especially the decentralized applications. Decentralized finance won't had become a thing without the presence of Ethereum so it's very important next to Bitcoin.
The only other blockchain that I think pose a threat to Ethereum dominance is Binance blockchain but since both founders are close friends I don't think there's going to be a competition between both blockchain instead they'll learn to work together for the betterment of the industry.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
November 21, 2022, 01:48:25 AM
Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.
Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.
those are the people that does not really understand this market instead what they are enjoying is the profiting while hated when it drops , crypto is risky and volatile so better get out if ytou cannot take that.
Quote
It's up to you to sell it or not but please do some research before doing anytthing, not just blindly baited by those numbers.
that is what he must do, never listen to others because it is His money and no one care about that but Him.
member
Activity: 1050
Merit: 10
November 19, 2022, 10:00:22 AM
The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
hero member
Activity: 3024
Merit: 629
November 17, 2022, 10:20:30 PM
Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.
Indeed. There are investors who can't handle the decreasing price of their asset that's why they're asking a question like this to have an idea for what other investor's think. Maybe they dont have knowledge about the coin they chose to invest in that's why it's hard for them to understand why this is happening. Bear and bull are inevitable in crypto market, that being said it's normal to see the price to decrease during bear season. So as long as you invest in a coin (in this case ETH) that has potential and established then you can be certain that this coin will recover back once the bear season is finally over.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 17, 2022, 03:37:15 PM
Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.
Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.

It's up to you to sell it or not but please do some research before doing anytthing, not just blindly baited by those numbers.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 12, 2022, 09:53:48 AM
From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.
Newbies will not understand the market cycles. Because of their newness to the market, they are quick-tempered and they don't have the patience that we've got before.
But if they stay on the market and they gain experiences from it, they'll notice on how they will be suddenly aware of the market movement and it's no longer going to be a problem to them whenever ETH or any other altcoins that they hold moves.

If they will take some time in learning the market movement then they will be familiar with how the market works and how they
will compensate from this industry.

The thing with newbies even they invest with established project like ETH most of the time they are influence by someone who
is telling them that they can quickly gain good money.

That the start of the problem if they will experience the sideways and when they are fearing to lose their investment.


hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
November 11, 2022, 07:42:29 AM
From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.
Newbies will not understand the market cycles. Because of their newness to the market, they are quick-tempered and they don't have the patience that we've got before.
But if they stay on the market and they gain experiences from it, they'll notice on how they will be suddenly aware of the market movement and it's no longer going to be a problem to them whenever ETH or any other altcoins that they hold moves.
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