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Topic: Ethereum drop gets me worried. - page 6. (Read 1985 times)

hero member
Activity: 1176
Merit: 593
When life gets hard BUY Bitcoin!
October 17, 2022, 11:15:17 AM
#86
What happens to Ethereum is common because the impact of the market is bearish, other coins even drop significantly such as cakes, solana, cardano and others, other impacts because Duna is facing economic recession so that many people need cash to cover up needs.
It’s not only Ethereum experiencing down trends  in crypto market, even in other market such as stock market experiencing also now some dump. We can’t deny how the economic crisis is also affecting the trading and investment platforms plus the threat of more war and recession that is happening in many countries. The good thing about bitcoin as well ETH being in top of the charts and having able to survive despite bearish trend in the past years we will just need to wait once all this occurrences over.
jr. member
Activity: 224
Merit: 1
October 17, 2022, 10:58:32 AM
#85
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.
It dropped because the merge isn't an upgrade and it made the chain more centralized. People are selling their ETH and smart money is waiting to invest in MAXX finance, SUI, and APTOS when they launch in Q4. Keep an eye out for those.
legendary
Activity: 3052
Merit: 1129
October 14, 2022, 04:53:28 PM
#84
Ethereum Drop is only a correction, as long as the price of $ 1000 can survive The Ethereum drop will not last long,
but if $ 1000 is broken then of course this will be a special concern,
because the price of $ 1000 is a strong support price for Ethereum, so don't let your guard down.

Not really, in June when bitcoin dropped to 18k ethereum also dropped below 1k but then everything stabilized back above 1k. Even if ethereum drops more in my opinion, that's better than bad, it's an opportunity to buy a lot of ethereum cheap. It can be said that ethereum is like bitcoin, so no matter how deep the drop, it will rise again when the bear season ends.
As long as people can be patience and they shall buy the major coins as their holding but the problem it since it was being so difficult to make sure that if people are still able wait for next years. The bullish trend will always come after the bitcoin halving but it seems like the main problem is this time crypto is always rely with movement form the stock market.
Cryptocurrencies now don't follow stock market movements, there's nothing to do there, cryptocurrencies are going down because the bearish season has arrived,
especially since the world is currently experiencing inflation, so cryptocurrencies are also affected, especially Ethereum, which continues to fall, which follows the price of Bitcoin.
for the fundamentals of Ethereum you don't have to worry, because the future of Ethereum is still very long.
Economic condition + Recent Bearish market then you could really expect something like this and it is really likely for it to happen even ETH did make out some updates or recent changes.

Updates or changes on particular projects doesnt always mean that it would really be increasing its price.This doesnt work on that way and this is something that investors or someone who did make

some purchase of crypto coins should really be prepared.Not everytime which your plan would really be going smoothly and this is part of the risk.
sr. member
Activity: 1372
Merit: 252
October 14, 2022, 03:56:50 AM
#83
Ethereum Drop is only a correction, as long as the price of $ 1000 can survive The Ethereum drop will not last long,
but if $ 1000 is broken then of course this will be a special concern,
because the price of $ 1000 is a strong support price for Ethereum, so don't let your guard down.

Not really, in June when bitcoin dropped to 18k ethereum also dropped below 1k but then everything stabilized back above 1k. Even if ethereum drops more in my opinion, that's better than bad, it's an opportunity to buy a lot of ethereum cheap. It can be said that ethereum is like bitcoin, so no matter how deep the drop, it will rise again when the bear season ends.
As long as people can be patience and they shall buy the major coins as their holding but the problem it since it was being so difficult to make sure that if people are still able wait for next years. The bullish trend will always come after the bitcoin halving but it seems like the main problem is this time crypto is always rely with movement form the stock market.
Cryptocurrencies now don't follow stock market movements, there's nothing to do there, cryptocurrencies are going down because the bearish season has arrived,
especially since the world is currently experiencing inflation, so cryptocurrencies are also affected, especially Ethereum, which continues to fall, which follows the price of Bitcoin.
for the fundamentals of Ethereum you don't have to worry, because the future of Ethereum is still very long.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
October 13, 2022, 07:01:24 PM
#82
Ethereum Drop is only a correction, as long as the price of $ 1000 can survive The Ethereum drop will not last long,
but if $ 1000 is broken then of course this will be a special concern,
because the price of $ 1000 is a strong support price for Ethereum, so don't let your guard down.

Not really, in June when bitcoin dropped to 18k ethereum also dropped below 1k but then everything stabilized back above 1k. Even if ethereum drops more in my opinion, that's better than bad, it's an opportunity to buy a lot of ethereum cheap. It can be said that ethereum is like bitcoin, so no matter how deep the drop, it will rise again when the bear season ends.
As long as people can be patience and they shall buy the major coins as their holding but the problem it since it was being so difficult to make sure that if people are still able wait for next years. The bullish trend will always come after the bitcoin halving but it seems like the main problem is this time crypto is always rely with movement form the stock market.
legendary
Activity: 2800
Merit: 1243
Cashback 15%
October 13, 2022, 06:51:41 PM
#81
In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .

It can be a correction and also due to the bear market.  Aside from that, the creation of new ETH tokens is way cheaper than before so it is also another factor.  But nevertheless,  I still think ETH will will recover after this bear market despite of the controversies of the transition.  And I still think ETH is in for a huge correction in the coming months.

I agree the ETH market is going down because the overall cryptocurrency market is going down however i believe that POS ETH should have the same valuation like the POW one because the cost of production is not that much and hence it is selling at a huge margin  Wink Tongue. I am expecting the price to go down further and i am not sure when they are planning to cap the number of coins in existence even though i heard these discussions earlier.
Capping ETH may bring great news for this will counter the cheap production of ETH.



@OP if you are in for a long run, then you need not to worry about ETH.  Developers and marketers are busy developing the ETH market so we just need to sit down and relax while hodling ETH.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
October 13, 2022, 06:36:28 PM
#80
In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .
That at this time the price of Ethereum is back down I'm not really worried,
we must also understand that during this bear market almost all coins are difficult to rise,
so it takes patience to wait for it to rise and better use this opportunity to buy
eth decrease is more significant than the other though, surely it was caused after the merge event actually gets held and instead holding it, majority of the ones that invested in eth instead making panic selling maybe because they know the event didn't have any significant effect towards the smart contract it self, even though it acts as the foundation for future updates.
full member
Activity: 1048
Merit: 102
October 13, 2022, 06:19:24 PM
#79
In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .
That at this time the price of Ethereum is back down I'm not really worried,
we must also understand that during this bear market almost all coins are difficult to rise,
so it takes patience to wait for it to rise and better use this opportunity to buy
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
October 13, 2022, 12:12:08 PM
#78
In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .
I agree the ETH market is going down because the overall cryptocurrency market is going down however i believe that POS ETH should have the same valuation like the POW one because the cost of production is not that much and hence it is selling at a huge margin  Wink Tongue. I am expecting the price to go down further and i am not sure when they are planning to cap the number of coins in existence even though i heard these discussions earlier.
sr. member
Activity: 1428
Merit: 252
October 13, 2022, 09:32:21 AM
#77
In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 13, 2022, 08:57:11 AM
#76
Ethereum is the second strongest coin after Bitcoin, don't worry if ETH is dropping, maybe this is a good signal so that we immediately buy, don't panic if you look at ETH drops but you should continue to buy is something that will make us get a big profit.
adding more while there's a correction is really a good idea but remember to analyse the growth rate on its graph first as well before buying coz if it will keeps going down surely your additional investment will disappear without knowing.  It's base on my experienced tbh and it makes me panic and force me to sell even at lose so be aware about that.

Something that you needed to look upon before taking your actions,

there are instances that you will be forced by fears when you are unaware of what you are doing.
Best to monitor first the movement, then analyze if you are capable of working and play with the market condition,

but if you are aiming for long-term investment, it won't bother. You can hold and wait till you see the target amount
to sell your assets and enjoy your profits.
sr. member
Activity: 1988
Merit: 283
October 13, 2022, 07:55:38 AM
#75
Ethereum is the second strongest coin after Bitcoin, don't worry if ETH is dropping, maybe this is a good signal so that we immediately buy, don't panic if you look at ETH drops but you should continue to buy is something that will make us get a big profit.
adding more while there's a correction is really a good idea but remember to analyse the growth rate on its graph first as well before buying coz if it will keeps going down surely your additional investment will disappear without knowing.  It's base on my experienced tbh and it makes me panic and force me to sell even at lose so be aware about that.
sr. member
Activity: 2618
Merit: 439
October 13, 2022, 07:16:16 AM
#74
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.
you are just being worried to nothing , Ethereum bring us more profits in years and not this fall will make you loser if you will only keep your funds in, it looks like you are also willing to hold so why not continue to HODL?
never forget that the longer you keep is the higher chance to make money in crypto
full member
Activity: 854
Merit: 100
The OGz Club
October 11, 2022, 03:01:57 PM
#73
Quote
Many state wars are going on, fighting each other will take a lot of time to recover, this is a lesson for us not only from looking at the side. because there is a lot going on in all aspects of the world. I don't want bad things to happen in 2023, if you like to see the country's economic news or other things. we will find out why the price of crypto continues to fall because there is a reason. and this will be your chance to start your new career
We can't blame those who are doubting and fearing the future of top coins like Ethereum because we've been through a bearish situation for quite a long time now and the prices are continuously dropping. However, lucky are those who see it as an opportunity to buy because it's a perfect time to prepare for the bullish season in the future. Worse things might happen because of the negative occurrences happening around us but it's still important that we'll always grab the opportunity to invest while the prices of crypto are still cheap.
Ethereum is the second strongest coin after Bitcoin, don't worry if ETH is dropping, maybe this is a good signal so that we immediately buy, don't panic if you look at ETH drops but you should continue to buy is something that will make us get a big profit.
As bearish markets are prolonged, all coins time to time face various setbacks. This time requires a strong hand for holding. Where a holder will continue to hold until his target is reached. Ether is said to be the second largest cryptocurrency. The possibility of this coin is also high.
it's still very normal for ethereum to experience a dump,
because indeed we are in a bearish season and indeed the news from the ethereum merge is also over and the Etherum merge is successful,
of course Ethereum needs more time to get bullish again, if you can still hold then hold for the long term highly recommended.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
October 11, 2022, 01:43:36 PM
#72
Quote
Many state wars are going on, fighting each other will take a lot of time to recover, this is a lesson for us not only from looking at the side. because there is a lot going on in all aspects of the world. I don't want bad things to happen in 2023, if you like to see the country's economic news or other things. we will find out why the price of crypto continues to fall because there is a reason. and this will be your chance to start your new career
We can't blame those who are doubting and fearing the future of top coins like Ethereum because we've been through a bearish situation for quite a long time now and the prices are continuously dropping. However, lucky are those who see it as an opportunity to buy because it's a perfect time to prepare for the bullish season in the future. Worse things might happen because of the negative occurrences happening around us but it's still important that we'll always grab the opportunity to invest while the prices of crypto are still cheap.
Ethereum is the second strongest coin after Bitcoin, don't worry if ETH is dropping, maybe this is a good signal so that we immediately buy, don't panic if you look at ETH drops but you should continue to buy is something that will make us get a big profit.
As bearish markets are prolonged, all coins time to time face various setbacks. This time requires a strong hand for holding. Where a holder will continue to hold until his target is reached. Ether is said to be the second largest cryptocurrency. The possibility of this coin is also high.
jr. member
Activity: 840
Merit: 6
October 11, 2022, 09:47:48 AM
#71
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.
Can you even withdraw your assets? I hear stETH by lido isn't fully collateralized and other platforms won't let you unstake. If you staked ETH there isn't much you can do except pray at this point. To make matters worse, there is no date for the staking unlock and L1 transaction scaling isn't even on the roadmap!!!!!!!!!!!!!! It's a dead end chain, a trap, and now insiders and vc are going to slowly exit their positions by dumping on retail investors who locked up all of there coins for a measly 3-4% APY. If you are going to stake something you should be able to unstake it and rewards should be 10%+. Instead of staking ETH it makes much better sense to stake something like Polygon or ICP that can actually scale to be used by the majority of people in the world.
hero member
Activity: 2926
Merit: 722
October 10, 2022, 05:46:21 PM
#70
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.

Unfortunately no one can tell you what to do.  Historically speaking it's always been a bad choice to pull out as most of the top 10 coins come back even stronger in the next bull run.   But then there are also cases of coins never coming back.  It's not because of the switched though its the entire market.
Its always been a 50-50 chance eh? Whether these coins would really be that having bullish momentum or would be just eventually die along the way.There's no way that we could able to determine on whats gonna

happen ahead and this what makes this market is soo unpredictable.There's no way that you could really able to make 100% precise prediction.This is why risk taking would be the key.

If you do believe on ETH's potential then its your choice to baghold and going  for long term.If you do have some doubts then it would be your choice on switching up on other projects
but make it sure that you wont really be regretting your decision.
legendary
Activity: 3598
Merit: 1406
October 10, 2022, 03:31:57 PM
#69
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.

Unfortunately no one can tell you what to do.  Historically speaking it's always been a bad choice to pull out as most of the top 10 coins come back even stronger in the next bull run.   But then there are also cases of coins never coming back.  It's not because of the switched though its the entire market.
member
Activity: 210
Merit: 22
October 10, 2022, 02:24:25 PM
#68
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.

I think ETH price drop due to bear market. It is great a d successful step merging of proof of stake to proof of work. We can wait until market condition is good and then see price of Ethereum will drop or pump.
full member
Activity: 1568
Merit: 100
COMBONetwork
October 10, 2022, 05:55:37 AM
#67
Ethereum Drop is only a correction, as long as the price of $ 1000 can survive The Ethereum drop will not last long,
but if $ 1000 is broken then of course this will be a special concern,
because the price of $ 1000 is a strong support price for Ethereum, so don't let your guard down.

Not really, in June when bitcoin dropped to 18k ethereum also dropped below 1k but then everything stabilized back above 1k. Even if ethereum drops more in my opinion, that's better than bad, it's an opportunity to buy a lot of ethereum cheap. It can be said that ethereum is like bitcoin, so no matter how deep the drop, it will rise again when the bear season ends.
When the price of Ethereum drops a lot I think that's what a lot of people have been waiting for,
because it is profitable to buy cheap and sell when the price rises again,
more or less like but really have to be patient waiting for the bear market to end and we don't know when it will happen
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