Ethereum drop gets me worried. - page 9.

carlfebz2

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Quote from: examplens on September 26, 2022, 04:18:28 PM

Quote from: lienfaye on September 25, 2022, 10:06:29 PM

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

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

When you buy your eth, dont you expect the price can drop further and it might take time to recover?

one of the reasons why the value drops sharply (Ethereum in this case) is because of people like OP. Panic sell. many sold, accepting certain losses because they were afraid that it could be worse.
the biggest problem with ad hoc investors is that they enter long-term and follow the value movement in the short term. that's why sudden falls seem even more terrible.

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.

examplens

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Quote from: lienfaye on September 25, 2022, 10:06:29 PM

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

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

When you buy your eth, dont you expect the price can drop further and it might take time to recover?

one of the reasons why the value drops sharply (Ethereum in this case) is because of people like OP. Panic sell. many sold, accepting certain losses because they were afraid that it could be worse.
the biggest problem with ad hoc investors is that they enter long-term and follow the value movement in the short term. that's why sudden falls seem even more terrible.

n0ne

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When the plan is for long term profiting, it is good to hold unlike the market situation. For short term profiting it is good to sell and wait for the lower price to buy further. For now the price of ethereum is predicted to reach its recent down value of around $900.

There is market prediction of upward/downward movement once after the transition from POW to POS. Now it have declined and the recovery will happen for sure. We need the patience to experience the bullish move of ethereum.

wiss19

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Drops like that, especially after a certain event, are normal like for example in bitcoin when there's a halving event, its value can also drop hard after it but there's no need to worry since it can always recover later on. If you will worry and sell, you will lose.

Well, that is already your choice but if only you treat the drop as another new opportunity especially now that eth is in its new form, that will be better because it might go massive later on. Are you an eth investor aren't you? Because if you aren't then why worry anyway?

Eth's drop won't affect the entire crypto market but if there's a coin that have that influence, that will only be bitcoin.

Inspiron14

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if you buy at the price of $1500 and Ethereum goes down, don't worry, because the price of $1500 for Ethereum after the merge can still be achieved,
even some experts have also provided an analysis that October will be a good and bullish month for cryptocurrencies, of course Ethereum can reach $2000,
my advice is hold and don't sell cheap.

globalpain

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Quote from: lienfaye on September 25, 2022, 10:06:29 PM

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

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

When you buy your eth, dont you expect the price can drop further and it might take time to recover? Even the merge didnt happen we should not have high hopes if we invest. Eth is an established coin and good to hold for long period. But if you cant stand seeing the price decreasing and you're too worried then it's up to you if you want to sell already to cut loss. But keep in mind that you'll never get back what you have lost if you already give up. Anyway it's not surprising if eth is turning downward since we're still in bearish season, Bitcoin and other major alts are not performing well too so dont think it's just eth.

Yes it is. When a bear market occurs, there is nothing we can do but be patient. Buy according to the current price and sell only when we have made a profit, even if only a little. No one knows for sure the bear market will end. Always monitor the market, so we don't miss the latest prices

Patience is an important thing that we must do in the midst of the current conditions,
because if we can't stand it and can't wait then we will most likely make the wrong decision and the result we will lose,
better use this opportunity to buy coins

lienfaye

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

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

When you buy your eth, dont you expect the price can drop further and it might take time to recover? Even the merge didnt happen we should not have high hopes if we invest. Eth is an established coin and good to hold for long period. But if you cant stand seeing the price decreasing and you're too worried then it's up to you if you want to sell already to cut loss. But keep in mind that you'll never get back what you have lost if you already give up. Anyway it's not surprising if eth is turning downward since we're still in bearish season, Bitcoin and other major alts are not performing well too so dont think it's just eth.

samcrypto

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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.

abel1337

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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.

dark1234

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basically the decline at this time is not only the influence of etherium itself such as: Ethereum goes down after proof of ownership. Source' channelsnews.com or also changes the system from POW to POS but is more influenced by the decline in the market, namely bitcoin. because ethereum still has the potential for higher prices when the bitcoin market changes and this we can see a lot of holders and users of this network.
But if you are not sure, then selling it is wiser so that your worries don't make you disappointed

AnonBitCoiner

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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.

Yes ETHW are aIso not at good price and did not give holder a good profit. I do not see any Use Case for ethw therefore little long term value. PoW is critical proof of energy investment for BTC store of value, but PoS will drive efficency in Dapps as sharding, rollups, and 2nd layer facilitate amazing technologies in the future.

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Crypto is volatile. If you are investing in it because you believe in it and think the price will eventually go back up then you will have to deal with with these price drops. If you are only a trader looking for a little profit then it might be worth considering selling before taking bigger losses. Consider going into stablecoins and wait for the price to dip further to get back into Ethereum.

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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 too late to withdraw the asset or sell it. Because almost all coin prices are dropping. Perhaps what you can do is to trade short term thereby increasing your coin count while monitoring market movements. Maybe the price of ethereum will drop beyond the current price, because the bear market is still going on. If you sell it now, of course you will lose a little of your money from the previous purchase price.

Cuda911

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If you are new to this crypto space you will definitely be worried because you don't know how things work out, if you also buy at a high price you will be worried, in this bear market only the smart investors will be in good mood right now because they are waiting for more drops so that they can buy at good price.

onecall123

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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?

Whatever comes next, I am incredibly excited. It was not really expected until the end of the year that what kind of opportunity would arise. At this low price, you don't get to take advantage of an opportunity like this very often.

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

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

Don't take risks you can't afford to lose. At worst, I believe that Q3 2023 will be the bottom. Though I expect worse, I will keep buying until the money runs out. As the final decision will be yours, you will be responsible for all outcomes. Cash is king for now, so keep that in mind.

ethereumhunter

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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.

If you are worried about the drastic drop that ethereum could go through, you better sell ethereum before something happens to you. But if you can still hold on, you can hold it longer while waiting for the price to increase again. The current decline is not only happening on ethereum but experienced by almost all coins. This is only temporary because there will be another bull run moment in the future. But I think a lot of people are still holding onto ethereum because they are still hoping to see ethereum rise higher again.

bounceback

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Depending on which direction the bitcoin price will move and if the bitcoin price continues to fall further, it is likely that the price of the ETH coin will also fall, unfortunately the recent successful merger of Ethereum has not been able to have a positive impact on the price movement of the coin because as stated above said by @GreatArkansas that nowadays many investors often play "buy the news sell the rumors" scenario

ningrum

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If you're afraid, you should sell out before it's too late. you invest without trusting in eth or you don't learn about eth, about mergers. You don't deserve to invest in ETH. For me I will wait for eth to drop more than I will buy, the lower I will be glad I missed the chance to buy eth for 900$ because I expected a lower price.

Indeed when the price is low it is a good opportunity to buy and the case you are experiencing is also felt by some people,
investing in Ethereum is always promising and good for long term investment,
the current market conditions are still bearish and this makes the price of the coin still go down

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Quote from: MidNite36 on September 25, 2022, 04:31:50 AM

Why worries? We are in a bear market so its expected

Maybe he's not aware that we just came from the bull market and that's what usually happens. If the market has just ended from the bull then it only means that the market should decrease further after those days when majority of the crypto are on high.

Quote from: MidNite36 on September 25, 2022, 04:31:50 AM

I even want Ethereum to go back to 800$ so that I can get a new buying opportunity, all those expecting Ethereum to surge after the merge are disappointed right now but I saw it coming, merge isn't enough to cause a huge spike in a bear market.

I saw many of them very disappointed after the merge and those that wants it to be seen on $800, you guys are just waiting for it. Well, when it has reached $900, you should be able to get a few from that time.

MidNite36

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Why worries? We are in a bear market so its expected, I even want Ethereum to go back to 800$ so that I can get a new buying opportunity, all those expecting Ethereum to surge after the merge are disappointed right now but I saw it coming, merge isn't enough to cause a huge spike in a bear market.

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