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Topic: Ethereum will still be my choice this year. - page 7. (Read 1217 times)

hero member
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February 01, 2024, 06:40:05 PM
#35
the thing that makes me fond of investing in ethereum is probably the fact that its being used massively for staking in various project and these staking locked for quite long time period adding demand to the ethereum itself.
if it frequently being utilized like that im sure in the future other project will also follow, right now blast already reaching more than 1 billion TVL in form of ethereum alone if im not mistaken followed by manta, and so on.
its clear that these project just always try to utilize ethereum moreover the fact that ethereum l2s nowadays are just increasing in the amount so many reputable devs deploying their own L2 goes to show that ethereum will never fades.
honestly my money always go to either bitcoin or ethereum, its always these two that are really good for investment.
after all ethereum smart contract is just that revolutionary.
sr. member
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February 01, 2024, 05:57:45 PM
#34
Yes Ethereum is very trusted among alt coins to invest.  This year its price has also increased a lot. This is what can be invested.  But BNB is good for investment.  Those who have low budget and don't want to invest in BTC can invest in them for now.  Ethereum, BNB, Sol, Binance are good for investing in alt coins. Also I can't vouch for any other art.
I think bnb with Ethereum is very safe for investment. Among altcoins, I mostly invest in these two coins. Those who want to invest for a short time, you can invest in bnb and Ethereum from altcoin. And if someone wants to invest for a long time.  But it would be better for him to invest in Bitcoin. If we invest in Bitcoin, we will not get any profit by investing for a short period of time, so we have to invest in Bitcoin for a long time.
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February 01, 2024, 05:50:32 PM
#33
Ethereum for me is always the most important, meaning I put the largest amount of capital into it then usually I divide some of my money into other top altcoins like BNB and a small part I try with the king of meme coins, namely DOGE, that strategy I usually do every season
Making choice among these projects is very easy, we know the projects that have been doing quite good interms of the bull market and the dormant ones that doesn't pump to any elevated standards, it's all good to witnessed lay foundation in the market. Ethereum follows after Bitcoin, watching the pumping and dumping of these coins have grown to become a regular routine and I'm already used to them. Your strategy works effectively because it's more repeatedly process and everyone that's a professional in the space can boldly start emphasizing on it without any issues.
newbie
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February 01, 2024, 01:10:56 PM
#32
If somehow Bitcoin start jumping than eth also jumping with btc.
sr. member
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Merit: 270
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February 01, 2024, 12:16:40 PM
#31
Ethereum is a good choice to keep on holding and accumulating when possible. I don't think a lot of investors would be making good profit unless they have be holding it from 2011 or they have invested in it before 2021. If not then there are other coins like Ethereum that are showing positive sign in the market. Like you said BNB which is backed by the biggest exchange in the world. Recently Solana started doing good and it is still a cheap if compared to Ethereum and BNB in price and the team is doing great with its development and marketing. I would be focusing on these three crypto before the bull run as they have the potential to explode.
Now you can compare the cost of a fairy between ETH and BNB, the latter is more profitable. In this case, I prefer BNB/OpBNB and zkSync - small fees and the speed of the network itself. But of course, this year ETH will remain the leader among roll-ups/L2 networks based on it. And after the adoption of the new EIP/ERC, fees should decrease in the main ETH network.
sr. member
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February 01, 2024, 12:04:43 PM
#30
Of course etheruem is one of the best coin and no other altcoin can take place of it neither in price nor in success. Altcoin is consider as a king of altcoins so there should be no doubt about it success and selection. Once you choose a coins then stay calm for its pump and don't create doubt about your investment as it can force you to make wrong decision.

Diversification is a good phenomenon but If you want to choose only one coin then Ethereum is suited well option but if someone choose bitcoin and Ethereum at a same time for investment then his possibility of huge earning will increase.
sr. member
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February 01, 2024, 11:46:34 AM
#29
Ethereum for me is always the most important, meaning I put the largest amount of capital into it then usually I divide some of my money into other top altcoins like BNB and a small part I try with the king of meme coins, namely DOGE, that strategy I usually do every season
full member
Activity: 462
Merit: 227
February 01, 2024, 11:41:09 AM
#28
Well Ethereum is good choice to invest especially this year because many big institution are interested in having ETH ETF so when the big whales tends to invest in ETH you will see the price of Ethereum moving in upward trend. On the other hand, Ethereum is the bestest altcoin trading and second best investment after bitcoin.

I was reading some kind of news where Blackrock also has interet in buying Ethereum and this kind of news put trust to other investors so they follow big institution and invest according. DYOR
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February 01, 2024, 11:34:57 AM
#27
A good opportunity to invest in Ethereum is that it is the position of ethereum after bitcoin so we will get good things from this currency as well. Ethereum is one of the strongest players in the field and good capitalization is possible with the long haul. It is the second most popular crypto ethereum behind bitcoin. Ethereum also has some distinct advantages that may help it succeed over time. Ethereum's price performance has been incredible as it has crossed critical hurdles.
sr. member
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February 01, 2024, 11:10:26 AM
#26
No doubt Ethereum, is number two in the crypto ranking only second to their king Bitcoin, so it carries the reputations that Bitcoin, is known for in the crypto market. It has proven to be a reliable altcoin, that can be trusted that it'll not become shitcoin, just like Bitcoin, can not become one. So if you're in for the long hodle, after Bitcoin, Ethereum, is your choice, you can invest in it and go to sleep with your two eyes closed, you'll only do brain work when it's bull run and you're looking for the perfect price to sale. Although there are some few short term projects that you can cash in on the short term, although you have to risk your capital to invest in them because you're never too sure if they'll survive to give you good ROI. But I agree with the OP, it's safer to invest in a top altcoin, like Ethereum.
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February 01, 2024, 10:58:50 AM
#25
Ethereum is no doubt a good coin if you invest in it you will surely get good things in future but now as Ethereum price is high so you should invest carefully, still I say there is enough opportunity to invest in Ethereum.
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Activity: 1022
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February 01, 2024, 10:36:29 AM
#24
For anyone looking to make some smart altcoin investment,  Ethereum is the most smartest of such investments and at some point, we have to agree on the fact that aside from Ethereum we still have some other altcoins that are also good investment decisions,  and for such we need to also give those coins some space to prove themselves just like Ethereum was allowed to prove its capabilities in the past before it could gain our trust at that time.

But the sure thing is that,  when it comesaltcoinoins investment,  it is best to hold Ethereum as your primary coin with the highest percentage allocation than other coins that you may choose to gamble with at some point in time.
legendary
Activity: 1792
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February 01, 2024, 09:56:58 AM
#23
Ethereum is number one among altcoins at the current price and capitalization in general (and has held this position for more than one year). If you invest in altcoins, then it is foolish to neglect Ethereum in your investment portfolio. If OP needs my approval to invest in Ethereum this year, then he can consider that I bless him for this. Smiley I believe that Ethereum is one of the most reliable altcoins on the crypto market. If you don’t trust this asset, then which one? Of course, if we talk about altcoins. Bitcoin is definitely superior to all altcoins.
full member
Activity: 784
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February 01, 2024, 09:38:39 AM
#22
I've said many times in other posts that ethereum is the mother of altcoins. and I don't think that can be argued with.
altcoin lovers will certainly agree with that. regardless of market conditions, ethereum remains a pioneer and price determinant for other altcoins.

that's why I myself will continue to hold ethereum not only this year, it will continue into the following years. yes even though my portfolio is not only ethereum, but more than other altcoins.
legendary
Activity: 3304
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February 01, 2024, 09:21:40 AM
#21
Ethereum is the number one Altcoin, the best option after Bitcoin of course, which is the undisputed number one. Others are beginning to stake a claim, like Solana, but Ethereum is definitely the number one Altcoin at the present time. Ethereum has the time proven trust & reliability factor so you are in safe hands. I think it has the potential to hit $10,000 or more in the next 2 years so now is still a great time to buy.
sr. member
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Merit: 457
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February 01, 2024, 09:16:11 AM
#20
Yes Ethereum is very trusted among alt coins to invest.  This year its price has also increased a lot. This is what can be invested.  But BNB is good for investment.  Those who have low budget and don't want to invest in BTC can invest in them for now.  Ethereum, BNB, Sol, Binance are good for investing in alt coins. Also I can't vouch for any other art.
legendary
Activity: 1596
Merit: 1288
February 01, 2024, 09:03:14 AM
#19
The reason why Ethereum has the second largest marketcap is not because of its ETH token value. It is because of its ecosystem which is bigger than Ethereum itself. The more it's ecosystem will grow the price of it's token will also increase. It is still one of the best altcoin available in the market, but slowly others are gearing up to challenge it.

This may be a reason to move away from Ethereum in the future, as the ecosystem has become independent because we see second-layer solutions, which may be tokens that do not even need the tokens of the first network, or need them at a minimum, which is opening and closing channels.
The uses of the Ethereum onchain are limited, and unless the fees issue is solved, the majority will prefer to invest in Bitcoin and the Ethereum ecosystem.

Solana has become more of a pump-and-dump than a real competitor to Ethereum.
legendary
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February 01, 2024, 03:52:09 AM
#18
what is your own choice in altcoins investment if they ask you to invest again in altcoins?
If I'm still focusing on my old approach when it comes to investing which is a conservative approach, I would choose Ethereum as well, and I will put a huge portion of my money in Ethereum aside from Bitcoin.

Now that we are approaching the bull run (hopefully), I made a bit of a risk, and I invested in altcoins that's below the top 20 such as ATOM, TIA, SUI, etc. I believe that the lower the market cap is, the higher the risk therefore the higher the reward. Investing into Ethereum might be safer, but the upside is lower compare to other altcoins below.

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 .
Including BNB in your portfolio might be a good one because after all, it's the native token of the largest CEX right now which is Binance. Holding it will qualify you for their launch pools and with the bull run fast approaching, I expect that many new projects will emerge, and some of them will launch on Binance's launch pool. That would be free money for you as a holder of BNB.
sr. member
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February 01, 2024, 03:49:29 AM
#17
No doubt etherium still serves as a leading coin in the altcoin family. But Bitcoin is still the best. When ever you talk of Bitcoin, you talk about cryptocurrency and that is the reason behind this great forum. Aside Bitcoin etherium is the successor of Bitcoin. So having etherium now is like investing in bitcoin some years back when Bitcoin was around $1k or $2k dollars but today it's now $43k so in the nearest future etherium will be also expensive like Bitcoin. Because Bitcoin was once low like etherium. So etherium is a good altcoin to hold for long.
full member
Activity: 448
Merit: 130
February 01, 2024, 03:25:01 AM
#16
Yes, after bitcoin if I want to invest in any coin it is ethereum for me. Currently, Ethereum is the second most valuable cryptocurrency coin. I think investing in Ethereum and holding it for a long period of time can yield better profits in the future. I have noticed that Ethereum starts to pump when the price of Bitcoin increases. Ethereum's ETF is expected to be approved soon, we also a big event Bitcoin halving will be faced. Hopefully i will be except to see a big bullrun right after these events. I think there is still a lot of time, if start investing now, I don't think it would be too bad decision wait until the next bullrun season.
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