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Topic: Ethereum will still be my choice this year. - page 2. (Read 1228 times)

full member
Activity: 308
Merit: 142
Yesterday, invested around 1 Ethereum during price under $3k and few hours later price dropping drastically and almost loss 10% after Ethereum drop to $2,8k. But I take decision to get back my capital after Ethereum price bounce again and wish another correction coming in short time because I trade or investing in Ethereum as short term not long term.
Actually has chance for Ethereum return back to higher price but market condition not stable and bitcoin has possibility with another correction for several days later.
Right now have buy order position with Ethereum around $2,9k and wish will fill in short term, I think its possibility behind bitcoin get difficult break above $60k and give impact with ethereum has possibility dropping.
Good thing you understand the importance of holding your coins and not involving yourself in short-term trading which by now you would have panicked and sold your coins. I also hope you are not only waiting to get back your capital but also willing to invest more into Ethereum and hold longer. Because the long-term benefit would be greater that the short-term benefit of holding it. One main reason I like the Ethereum coin is because of its usage so it's an altcoin that an investor shouldn't be scared to invest for losing term.
sr. member
Activity: 756
Merit: 250
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Ethereum is always the best investment in this crypto frenzy and it attracts investors differently. The price of ethereum is now several times higher than it was a few years ago so realize how much money the old investor made. There are many investors who have been saving ethereum for ages. Its popularity is now spread all over the world and the number of investors has increased so much that we can see the change in the price of ethereum in just a few days.
sr. member
Activity: 1246
Merit: 262
Yesterday, invested around 1 Ethereum during price under $3k and few hours later price dropping drastically and almost loss 10% after Ethereum drop to $2,8k. But I take decision to get back my capital after Ethereum price bounce again and wish another correction coming in short time because I trade or investing in Ethereum as short term not long term.
Actually has chance for Ethereum return back to higher price but market condition not stable and bitcoin has possibility with another correction for several days later.
Right now have buy order position with Ethereum around $2,9k and wish will fill in short term, I think its possibility behind bitcoin get difficult break above $60k and give impact with ethereum has possibility dropping.
member
Activity: 746
Merit: 10
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Agree, Ethereum is indeed a project that has stood the test of time and has long held the top 2 position on CMC. My choice this year also leans towards layer 2 projects based on Ethereum. Many projects have emerged, showing great potential for this year. Looking at the current market, I see that ETH is confidently heading towards the $3000 mark.
yess,Apart from investing in BTC, I also invest in ETH to achieve financial freedom in the future. Because I see the advantage of ETH is that it is a smart contract and its features will always be updated and perfected. The advantage of BTC is its decentralization, because the system has never been changed since its inception.
member
Activity: 290
Merit: 31
Definitely Ethereum's number one on the altcoin's list. There may be many really good cryptocurrencies out there, like the likes of Ravencoin, Dogecoin, Litecoin and so many others that have seen a lot of increase this year, but Ethereum still remains the first & highest altcoins and the best investment decision. Funny, how crypto prices increases cause it is becoming more popular and many people are buying it. So, if a bunch of people decides to buy some of the now cheap coins it's price would also increase yeah?
member
Activity: 224
Merit: 19
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I also prefer ethereum which remains my first choice in investments and it is not the only one obviously i support it with bnb, litecoin, sol, i prefer to invest in the top 10 with perhaps less earnings but more security
jr. member
Activity: 408
Merit: 3
The team behind Ethereum Coin are very strong community and is good to invest for a long time investment and talking about BNB Coin is also good to buy for a long term holding which both Coins has a strong community in the ecosystem. Therefore choosing Ethereum and BNB Coin is a good move.
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Activity: 377
Merit: 13
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As eth is most save and considered as secure investment. So if anyone ask me to buy any altcoin as an investment then I'll definitely pick eth as my favorite altcoin. I think who and you have enough money and you don't want to take risk, that time eth and Bitcoin is enough. But when you wanna more profit from crypto, then you have to add some more altcoins in your list such as bnb, matic or solana.
MiF
sr. member
Activity: 1442
Merit: 258
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If they ask me to make a choice on altcoin to invest in this new year, Ethereum will still be my choice because I know that their team are strong team and they are capable to make Ethereum the king among all the altcoins in the market for investors to continue making it for their choice. If you look at the altcoins market very well you will see that Ethereum is about to reach $3k and if it happen this year it will help those of us that are lovers of Ethereum to make another huge amount of profits from the market. I know, we still have some good altcoins in the market to invest and everyone has his own choice to make in the market to invest in any altcoins of his or her choice which I chose Ethereum as my choice this year, what is your own choice in altcoins investment if they ask you to invest again in altcoins?

 Do you think I make a good choice this year or I should include BNB so that if one is delaying me in the market, I can try the other one to achieve what I want .
Ethereum is good but if you only invest on Ethereum you can maybe earn but not as big as the investors who invest in different altcoins, it is still you're choice, we have different choice of coins defending on our budget, i also wanted to invest on a top 200 altcoins but im out of funds so i only select whats best coin for me and invest an amount that i can afford to lose, for me ethereum is a good choice but you also need to choose maybe 3 to 4 altcoins  to earn more.
hero member
Activity: 2688
Merit: 588
Making Ethereum your choice is not a bad idea but hope your ready and willing to accept whatever maybe the outcome, we know they have a very strong team but that doesn't mean you should trust them because anything can happen, I know you have done your analysis but sometimes our analysis can be wrong I mean it may be far from what the team is planning. Like I said in my previous post investing in big coins is always a long term investment unless there is a change in the coin behavior.
It is true that our judgement and analysis may become wrong. But come on, this is Ethereum and it's the 2nd rank crypto in the market.
I know that there have been a lot of top altcoins that have been gone out of the rank but with Ethereum, I don't see that we'd see it close from being removed at that rank. Besides, it's his choice as well and it's not a bad choice to be honest.
As you said Ethereum is the second in the market after Bitcoin among the most bought and trusted cryptocurrencies, no doubt, but we have also seen times when Ethereum was at $900, that's why everyone advises before investing in big coins to either adopt DCA method or analyse the market well to avoid later regrets and losses. There is no doubt that ETH is a good project, but it is also important to keep in mind that it is a long-term investment project.

I think we should invest in trading the money we dare to lose, money kept for necessity should not be invested in any coin be it Bitcoin or any other altcoin because it can lead to our loss, it becomes impossible to wait for a long time if the necessary money is invested somewhere.
hero member
Activity: 980
Merit: 559
Making Ethereum your choice is not a bad idea but hope your ready and willing to accept whatever maybe the outcome, we know they have a very strong team but that doesn't mean you should trust them because anything can happen, I know you have done your analysis but sometimes our analysis can be wrong I mean it may be far from what the team is planning. Like I said in my previous post investing in big coins is always a long term investment unless there is a change in the coin behavior.

What do you mean by trusting the team? Don't you know that ethereum has been around for more than 9 years! Despite the fact that crypto are risky and the teams are also risky, Ethereum and Vitalik Buterin is the least person that would scam you, there is nothing to fear about the team. They have more update and many things from their road map for 2024 and I think it's a better choice of investment for 2024.

If you are considering ethereum as a primary coin to buy, I suggest you to try coins that are highly groomed by ethereum team as well, I mean projects that are supported by ethereum foundations like the Optimizm, Arbitrum. These projects are well engineered by the ethereum team and are working hand in hand to support ethereum network, they have utility on their own and has on ethereum as secondary layer.
sr. member
Activity: 1414
Merit: 236
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Quote from: Kristiyana
Making Ethereum your choice is not a bad idea but hope your ready and willing to accept whatever maybe the outcome, we know they have a very strong team but that doesn't mean you should trust them because anything can happen, I know you have done your analysis but sometimes our analysis can be wrong I mean it may be far from what the team is planning. Like I said in my previous post investing in big coins is always a long term investment unless there is a change in the coin behavior.
I have tested other altcoins in the market, that made me to think that ETH is the best to invest among the altcoins and their team are doing very well, to ensure they continue handling the second position among other cryptocurrencies because whenever the price of BTC is leading in the market, ETH  price will be in second position.

The price of ETH investors was waiting to hit in the market before they can sell to make profits, hit the market early this year which is the highest price ETH has reached in this year 2024 that made me to believe that ETH will going to be my favorite project because it has showcased some signs that convinced me in this year to invest again.

I don't use to hodl my coins in a short period of time because it will not give me what I want from the hodling, which is the reason I used to hodl for long periods of time to achieve my goal.

full member
Activity: 448
Merit: 130
not only this year or certain years because ETH is my investment choice every year, and perhaps most investors also do the same thing. Yes, who isn't interested in investing in this altcoin king? investing in ETH provides a sense of security because investing in ETH is an investment with low risk. I'm sure all crypto investors will include ETH in their investment portfolio.
The position of the Ethereum coin after Bitcoin. Ether has the highest price among all the altcoins out there. Many invest in Ethereum coins as an investment choice. I have investments in Bitcoin and some money I have invested in Ethereum. Although Ethereum rose to $4k this year, the price has now taken a substantial correction above $3.1k. In the current market I am looking to invest some more in Ethereum, I am hopeful that a major bull run will begin at the end of the year when Ethereum will enter new highs in price.
member
Activity: 543
Merit: 10
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not only this year or certain years because ETH is my investment choice every year, and perhaps most investors also do the same thing. Yes, who isn't interested in investing in this altcoin king? investing in ETH provides a sense of security because investing in ETH is an investment with low risk. I'm sure all crypto investors will include ETH in their investment portfolio.
hero member
Activity: 2338
Merit: 517
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Making Ethereum your choice is not a bad idea but hope your ready and willing to accept whatever maybe the outcome, we know they have a very strong team but that doesn't mean you should trust them because anything can happen, I know you have done your analysis but sometimes our analysis can be wrong I mean it may be far from what the team is planning. Like I said in my previous post investing in big coins is always a long term investment unless there is a change in the coin behavior.
It is true that our judgement and analysis may become wrong. But come on, this is Ethereum and it's the 2nd rank crypto in the market.
I know that there have been a lot of top altcoins that have been gone out of the rank but with Ethereum, I don't see that we'd see it close from being removed at that rank. Besides, it's his choice as well and it's not a bad choice to be honest.
member
Activity: 252
Merit: 37
Making Ethereum your choice is not a bad idea but hope your ready and willing to accept whatever maybe the outcome, we know they have a very strong team but that doesn't mean you should trust them because anything can happen, I know you have done your analysis but sometimes our analysis can be wrong I mean it may be far from what the team is planning. Like I said in my previous post investing in big coins is always a long term investment unless there is a change in the coin behavior.
member
Activity: 252
Merit: 37
Ethereum is a strong currency and has a good team, but in investing, the larger your market capacity, the more limited the chance for the price to double. Investments of one billion dollars may not move the price, while investing such money in some altcoins may lead the price to explode.
If you want long-term trading, Bitcoin and Ethereum are a suitable choice, but for short-term trading, some altcoins have the opportunity to rise faster.


I like this your reply/suggestion. Investing in Ethereum is very good, reason because they have a strong team but you shouldn't expect a huge profit soon when invest in them because the coin has already been there and it may not skyrocket just like and same thing to Bitcoin it will first fluctuate before it explode and people who invest in Ethereum, Bitcoin don't expect their profit soon, it is seen to be a long term investment though it can be short term depending on the behavior of coin but other upcoming coins can skyrocket so easily depending on the team and their target.
hero member
Activity: 2996
Merit: 536
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No doubt with ethereum is the best altcoin option for trading or investing, price easily increasing when bitcoin get recovery to higher price and difficult to see with other altcoin if moving up moment. If other altcoin increasing around 2% to 4% when bitcoin price increasing difference with ethereum has moment break out more than 10%, I think its interested side strong recovery from ethereum and make many investor why make ethereum is their main altcoin for trading or investing.

For the next time after recovery from other altcoin, I will focus trader or investing with ethereum because get bigger opportunity take profit and faster recovery with ethereum coins after getting lower price.
definitely among the coin that when it goes down doesn't go down too much its more or less like bitcoin price wise its just that ethereum hasn't reached all time high yet for so long already meanwhile bitcoin has already reached their all time high, really hoping that ethereum would eventually reach its all time high but im just kinda pessimistic that it can be reached near this time. at best probably when bitcoin is already reaching beyond $80k thats when ethereum gonna be reaching all time high.
as of now, its just a good investment enough but not impressive at all, meanwhile majority of my holdings are all in ethereum making it a big moment for me if somehow etheruem could reach all time high since that'd be great.

ETH is always a good option, but during this bull run, I'm seriously favoring LTC and SOL. To be fair, you can choose any coin from the top 100 on CMC and do well.
honestly saying anyone can do well with coin in the top 100 is a bit stretch even terra luna was among top 10 and fall suddenly collapsing.
if its top 10 i think its indeed safe enough, below that, need to monitor the activity of the market 24/7 so we can anticipate if there's sudden flash dump.
newbie
Activity: 56
Merit: 0
ETH is always a good option, but during this bull run, I'm seriously favoring LTC and SOL. To be fair, you can choose any coin from the top 100 on CMC and do well.
sr. member
Activity: 602
Merit: 369
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, what is your own choice in altcoins investment if they ask you to invest again in altcoins?
OP, you chose ethereum to invest in altcoins which is good. If someone wants to invest in altcoins then he should choose Ethereum as the 1st choice, because the most popular and trusted coin among altcoins is Ethereum. Investing in altcoins is very risky but investing in some altcoins can expect good profits. However, if I was asked to invest in altcoins then my 1st choice would be Ethereum followed by BNB SOL MATIC investing in these coins can expect good profits. I have invested in the coins mentioned above.
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