Ethereum drop gets me worried. - page 8.

Ayers

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Quote from: Lida93 on September 23, 2022, 04:47:15 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.

the merger itself is considered ethereum's biggest event to date, which will mark a major turning point for the entire eth ecosystem. this is a major milestone for eth since launch

have to say people are too Fomo, we are in a bear market and people were hoping that ethereum will go high after the merge. but in the end, things did not go as expected, causing a series of investors panic and dumping

this is not necessarily bad so you don't need to worry if you are investing for the long term eth is the best coin after btc so you can totally benefit if you hold it long term

adzino

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Quote from: Lida93 on September 23, 2022, 04:47:15 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.

This was supposed to happen. Buy the rumor sell the news. The rumor was the merge. People rushed in to buy Ethereum. People were FOMOing, it was over brought and price went up a lot. The news is the merge taking place. Once the merge took place, people started selling their excess Ethereum to take tall the profit and reinvest in other coins. The price isn't dropping. It is correcting.

You shouldn't be worried if you invested for long term. Keep holding and the price will go up eventually.

Reatim

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Quote from: piebeyb on September 24, 2022, 06:27:28 PM

you already feel panicked by the current state of the market, of course it is a natural thing for traders and you may be too quick to make a decision to throw it away whereas what we know after yesterday's merger was that the price of ETH fell not because it didn't work or failed but the state of the market who haven't fully recovered, I'm sure you won't see ETH prices below $1000

If you are investing in coins/projects that you dont completely trust? then Indeed this must what he felt but if he believes in Ethereum so much that anything ? then waiting is what he need to accept and not just to sell or panicked .
and besides He is truly a Miner and a believer then there is nothing if he will wait further from here.

Silberman

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With the current state of the market, those of us who already hold ethereum will certainly feel worried about the current decline, but we must stick to our respective stances if we have indeed experienced losses then don't panic too much and sell when some of your assets are lost, try to maintain it until later the increase can return and all will definitely return to the best track, although it takes a long time but we must be able to continue to be patient because everything will return to its highest value as it happened last year.

While I get that people are not really that happy that the price of ethereum went down after the merge, at the same time I do not think there is any need to worry too much about this, you are holding ethereum which is one of the best coins in the market, so as long as you can hold your coins for long enough then the bull market will come and you will recover whatever money you lost in a matter of weeks or months, and after that then massive profits will follow, so be patient and keep holding your coins as this is the right move at the moment.

bittick

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it was definitely caused by the rumour of the merging increasing the value and when the merging actually occurred so many people that invested in eth makes a major sell off from their disappointment that nothing really changed in eth.
I think the value and pricing from eth will eventually recover back again, it's just matter of moment that it will eventually gets its standing back, right now even the trend of btc is bad, surely eth will be more or less same.

Wawa2013

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Quote from: Nazmul012 on September 29, 2022, 06:51:25 PM

After your post, It's been a week and eth price is remain almost same. So i don't think it could drop much again due to the merge but possible for bear market. If whole market goes down for bear attack, then why not eth? But after pos, eth is changed from its origin. Athough all know It'll be bounce back soon but if you invest for short term then its okey to sell if your satiated or afraid to lose more

Ethereum did experience a decline due to the merge, but the decline was still reasonable and Ethereum did not fall too deep. Even compared
to Ethereum price one week ago Ethereum is up about 3%, so there is no need to worry about Ethereum performance. Moreover, Ethereum is
a popular coin with strong fundamentals, so we must be optimistic that Ethereum will recover and will return to the ATH price. Therefore it is
better for now when the price of Ethereum is low enough we collect as much Ethereum as possible, after that we will hold the Ethereum until
the bull market comes. So we can make a big profit if we do that. Or if we want to invest in Ethereum for the short term it doesn't matter,
we can sell Ethereum when it is profitable. Most importantly, don't sell Ethereum at a low price or don't sell Ethereum because we panic,
it's very detrimental to us as investors.

judaspriest

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Quote from: ?? on ??

When many people panic, that's usually where the market will rise, and vice versa, it's better for you to buy back instead of selling ETH at a loss, because basically ETH has been successful through a merger and maybe in the near future the market will be bullish starting with rise in the price of ETH.

That's right because deciding to sell Ethereum in the midst of the current conditions is certainly not the right decision because it will make us lose,
Of course we all hope that a bull market can come soon but this is a crypto which is difficult to predict

arwin100

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Quote from: ?? on ??

When many people panic, that's usually where the market will rise, and vice versa, it's better for you to buy back instead of selling ETH at a loss, because basically ETH has been successful through a merger and maybe in the near future the market will be bullish starting with rise in the price of ETH.

Maybe in some cases after whales accumulate but what mostly happen is dumping state since for sure many people will sell their stuff and only few will buy due to current scary scenario happening. But its undeniable that there's a recovery so best to follow some big social media sites which focus to give crypto news since maybe from there we can get an idea if the whales is starting to hype ETH or maybe even the other alts.

Nazmul012

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After your post, It's been a week and eth price is remain almost same. So i don't think it could drop much again due to the merge but possible for bear market. If whole market goes down for bear attack, then why not eth? But after pos, eth is changed from its origin. Athough all know It'll be bounce back soon but if you invest for short term then its okey to sell if your satiated or afraid to lose more

Smitty Werben Man Jensen

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Quote from: Bazzu on September 27, 2022, 07:55:33 AM

In my opinion, there is no need to panic about that, the proof is that now ethereum has increased quite a bit, so in my opinion, if you invest in ethereum, don't panic because ethereum is a quality altcoin. and now more and more people are investing in ethereum including myself, because most people choose to invest in bitcoin and when it comes to investing in altcoins I think most of them choose to invest in ethereum.

True, panic is a mistake that will make us regret, the market is still red and not only Eth that drops, but almost all cryptocurrencies get pressure from the market, if we count since the last 5 months ETH is not too drop compared to BTC or BNB.

It's better to stay calm and control our emotions because decisions based on emotions will only make us lose,
indeed it is not an easy thing but at least keep trying to stay calm so as not to cause panic,
the important thing is to believe that the market will go up again

CuriousGeorge

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Early September I was optimistic that the price of ETH would return to the level of $ 2000, but after touching around $ 1930 it turned out that the storm came and made prices continue to decline, of course the influence of the market would be difficult to avoid, even bitcoin also dropped significantly.

No doubt. You are being very optimistic without even try to see the market again or make your own DCA about the future of market. It seems like that whole of crypto are still struggling to increase, i expect this sideway will be here until we will enter a new year.
Ethereum may drop again once bitcoin will be dumping. Bitcoin is very hard to predict these days. it can go up in a short time and then dumped again like stone down to the earth

SirLancelot

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Quote from: ?? on ??

Early September I was optimistic that the price of ETH would return to the level of $ 2000, but after touching around $ 1930 it turned out that the storm came and made prices continue to decline, of course the influence of the market would be difficult to avoid, even bitcoin also dropped significantly.

That reminds me of btc when the times where it value rises continuously but later on it nose dive. Is this a sign that they are still in control of the bears? Because it seems that no matter what they do or how hard they try, it was still not enough.

Oh well, maybe it will last until the year ends and maybe the next year will be bear free anymore. Not only you actually but all are optimistic about eth that it will recover all what it lost and maybe go for more, and the one that gives us a confidence about this is the Ethereum merge but now that it's done and eth is now in its new version, the burning passion of some people towards eth are still there and it becomes intense in fact.

Reatim

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Quote from: Lambe Ndumble on September 28, 2022, 02:00:47 AM

Do not panic and worried, everything is common, when it happens and it's been a year and it's been like now, the best thing is to be patient and use it for staking so that we can get rewards to cover losses when the market bearish.

you should pay attention to the thread first before posting , He is worried because of what is happening now and he invested in higher price but this is matter about if how long He'll going to hold or sell.
I'm afraid if he wanted to hear something to blame Him because it is the movement now that made him panic and it is normal if you know nothing deeper from the market you are investing .

Lambe Ndumble

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Do not panic and worried, everything is common, when it happens and it's been a year and it's been like now, the best thing is to be patient and use it for staking so that we can get rewards to cover losses when the market bearish.

Silberman

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Quote from: Lida93 on September 23, 2022, 04:47:15 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.

It seems to me that you were expecting for ethereum to go up in value after the merger and maybe even an altcoin season, and if that is the case the only thing I can say to you is that your expectations were out of place as this is something that it could not possibly happen, also I think there is a real possibility that we have not seen the bottom yet and this would mean another drop in the price during the next months or years, so if you are worried about holding your coins maybe it is a good idea to sell them now and avoid those potential losses.

barbara44

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Quote from: carlfebz2 on September 26, 2022, 06:43:15 PM

If you do make yourself do watch the market and price movement on an active manner then you would really be finding yourself into those challenges where emotions and your mind will really be fighting whether you

should sold and cut off losses or would really be holding strong and have faith that the market will really make out some recovery and you would really make some profits in long term.

If you dont have trust on a particular project then you would really be having these kind of doubts which is something a very common thing or reaction for people
who had been dealing on this unpredictable crypto space.

This is why we are advised to be mentally prepared so that we are ready when those situations occur and it won't easily trigger us to panic or sell. This is hard at first but in the meantime we can prevent worrying by avoiding the charts and the news. One of the cause of panic attacks is like you said when people doubt about their coin choices but why would they pick those coins in the first place? Are they rushing by the time they invest?

If this was the case then they better sell those coins and replace it with the coins which they are more confident with. I think they will now know how to pick a better coin this time because they already have an experience.

Bazzu

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In my opinion, there is no need to panic about that, the proof is that now ethereum has increased quite a bit, so in my opinion, if you invest in ethereum, don't panic because ethereum is a quality altcoin. and now more and more people are investing in ethereum including myself, because most people choose to invest in bitcoin and when it comes to investing in altcoins I think most of them choose to invest in ethereum.

Questat

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Quote from: samcrypto on September 25, 2022, 06:55:02 PM

Quote from: abel1337 on September 25, 2022, 06:16:43 PM

I'm not expecting too much in the merge, people know what might happen and everyone seems to expect that prices will soar up. I have some ethereum right now but I honestly don't expect too much in the merge to affect the ETH price immediatly, Just like bitcoin halving, the effect might come sooner or later. I'm also holding my ETH for the future, selling at low price will be an immediate loss.

This should be the thinking of many, I don’t know why many are expecting that much where it fact, we cannot see the result of the merge days after that, it usually take time. With the current situation of market we cannot expect ETH to rise, let’s just see this price level as an opportunity to accumulate because ETH is still a good coin and it will pump once the market enters the bull market, for now let’s wait for that patiently.

Those investors that can wait have to be paid off later. Though the merge hasn't given positive results. Yes, this couldn't make ETH lose its market potential as its still remains just like before. I was buying ETH and I was still holding it believing that this never disappoints me 2-3 years from now as the bull season comes.

If I were the OP, I have to keep my faith with ETH because for many crises and market dumps, we still see this project surviving and even growing high together with Bitcoin.

Bitstar_coin

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Quote from: Lida93 on September 23, 2022, 04:47:15 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.

It is people like you who will comeback crying of missing out when the market has fully recovered. It is up to you to do the right thing with your investment, but one thing you should take note of is, no matter how low market goes it will get back up at some point, bear market won't last forever.

btc78

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Quote from: Lida93 on September 23, 2022, 04:47:15 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?

shortest possible period? remember that there is nothing in this market that can be predicted so better to save your chances in waiting than just worrying .

Quote

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.

if you don't trust the coin then best to leave it now , but if you know what you are doing? then better to keep holding and wait for your profit.

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