Topic: Ethereum will still be my choice this year. - page 8. (Read 1217 times)
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. I still think it will remain on the top for few more years and crypto like SOL might challenge it in the future. If the developers of Solana keeps on reinventing themselve like they have done last year.
Among the alt coins, Ethereum is the best and most expensive coin to invest in. There are many people who prefer to invest in alt coins, I think this coin is suitable for long term investment. Among the alt coins, Ethereum and BNB Coin have the highest number of investors and have the strongest teams and even people feel most comfortable investing in these coins.
If I'm not mistaken we may have seen the price of Ethereum rise to around $5000 while Bitcoin was over $70k. Now the price of ethereum coin is around 2300 dollars when bullrun season starts in the market, surely the price of this coin will increase much more. Moreover, we may see the price of Ethereum Coins rise even more after Ethereum ETFs.
If I'm not mistaken we may have seen the price of Ethereum rise to around $5000 while Bitcoin was over $70k. Now the price of ethereum coin is around 2300 dollars when bullrun season starts in the market, surely the price of this coin will increase much more. Moreover, we may see the price of Ethereum Coins rise even more after Ethereum ETFs.
We should not be the one that would tell you the kind of things you will have to do especially in financial decision making.
You know the major reason why you find this coin important and you want to invest in it. You don't need to be bothered about your financial decisions if you are making the right one. You know the Crypto market can not be always predictable, we need to be fast at our decision makings and also flexible at the same time.
You know the major reason why you find this coin important and you want to invest in it. You don't need to be bothered about your financial decisions if you are making the right one. You know the Crypto market can not be always predictable, we need to be fast at our decision makings and also flexible at the same time.
If you're asking for the validation of people then you'd get more headaches with the suggestions that you will be getting. Having ETH as your personal choice is okay and if you want to add BNB and that's also okay too. Because they're at the top of the market and personally, I have these two so I'd say to people with my bias that they're good to hold because I am holding them too. But you're still the one to decide whether you'll have them or not. With ETH spot ETF, then it's the best choice and that's one factor that you may want to consider for staying on it.
When it comes to altcoins, Eth has always been the top-used altcoin, as far as I'm aware, which means it has more exposure and more investors have plugged in to it. They have also been here for the past few years and have done a lot of development, adopting new changes, and all of that, which is one thing I like about them, and their team is super smart.
And if we look very well, Eth always has a way of following bitcoin growth, i.e., when bitcoin is pumping, they always gain a massive increase in the market, adding to the fact that they are also more generally accepted in many places, which is another reason we should consider them. Sec is not against them, so we don't have to worry about crashes for now. I also find Eth worthy of holding.
And if we look very well, Eth always has a way of following bitcoin growth, i.e., when bitcoin is pumping, they always gain a massive increase in the market, adding to the fact that they are also more generally accepted in many places, which is another reason we should consider them. Sec is not against them, so we don't have to worry about crashes for now. I also find Eth worthy of holding.
If we have to choose altcoin with lesser risk then it would always be ETH and I still remember as ETH was the only Altcoin to resist the bear market even when Bitcoin went bearish during the beginning of 2018 and it apart from Bitcoin I can only remember ETH breaking it's previous ETH during the 2021 bull run (out of those coins which were part of 2017 bull run and 2018 bear market) because there were coins like XRP, XLM, LTC and other coins which is yet to recover from the bearish market low and break their 2017 bull run ATH.
If there is any other coins apart form Bitcoin then we can always prefer ETH though I have some other coins as well this time like ADA and UTK.
If there is any other coins apart form Bitcoin then we can always prefer ETH though I have some other coins as well this time like ADA and UTK.
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.
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.
elevates: FFT was backed by big exchange as well, so that's not really only a positive sign. When you are holding BNB you are putting your faith in very centralized exchange, and the fact they should stay alive and not get jailed. While i trust binance, i don't think it isn't a good idea to compare it to something that's based on decentralization.Zanab247: you are speaking in a future tense, that eth will be a king among the altcoins. What do you think the king is now, if not the altcoin with most developers, highest marketcap, most users and most activity?
It is no secret that ethereum is a good choice for an altcoin to invest in
Of course different investors have different goals and objectives hence why some of them might want to invest in other newer projects with different utilities but ethereum is already the top one when it comes to altcoins so i see nothing wrong about wanting to invest in old, reliable and trusted projects such as ethereum
Alongside bitcoin, ethereum is definitely riding up to go higher
Of course different investors have different goals and objectives hence why some of them might want to invest in other newer projects with different utilities but ethereum is already the top one when it comes to altcoins so i see nothing wrong about wanting to invest in old, reliable and trusted projects such as ethereum
Alongside bitcoin, ethereum is definitely riding up to go higher
Ethereum is the biggest crypto of altcoins in terms of marketcap and they exist here for very long time so it isn't surprising that you added ethereum to your portfolio.
I don't know whether I will choose ethereum because the price has been stagnant for over a year and it's growth is also not upto the expected level compared to market growth and then the biggest downside is switch from PoW to PoS that all made the OG investors to move to different coins and also now there are more competition for ethereum like never before.
I don't know whether I will choose ethereum because the price has been stagnant for over a year and it's growth is also not upto the expected level compared to market growth and then the biggest downside is switch from PoW to PoS that all made the OG investors to move to different coins and also now there are more competition for ethereum like never before.
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Yeah, Ethereum is a leading coin among all the altcoins, and many other altcoins are built on the ERC network, so I think your choice of investment is not a bad one. If I decide to invest in altcoins, I will likely invest in native tokens that have their own smart coins, which already have other successful projects that are also built on their network. I can consider BNB, polygon, and ETH.
Just like Husires said, since you consider investing in altcoins, you should also research other good projects that can generate you more profit. The problem I have with altcoins is that you cannot actually be certain of how a project will turn out after you have bought them. Definitely, there are some good altcoins that will pump during the bull market. If you are lucky enough to know them and invest in them, you can make a good profit.
Just like Husires said, since you consider investing in altcoins, you should also research other good projects that can generate you more profit. The problem I have with altcoins is that you cannot actually be certain of how a project will turn out after you have bought them. Definitely, there are some good altcoins that will pump during the bull market. If you are lucky enough to know them and invest in them, you can make a good profit.
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.
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.
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.
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 .
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 .
Actually its there's no need to get confuse about certain coins needed to invest since automatically ETH will be one of the best choice to have since you can base it on current standing and it will not be listed as top 2 in the market for nothing. That's why aside for bitcoin ETH is other choice and then up for investor on what other top coins or new coins they are going to add to maximize their portfolio for future profit gaining purposes.
You will only make a good choice if you handle well your ETH investment since if you just act cool without even considering its volatility maybe you get afraid on certain situation like dumping and might lose when ETH price dump. So consider also the risk of volatility of the price and for sure if you know how to handle it well especially the market pressure then you will be lucky to earn and for sure you will say that its really good that you choose ETH in your portfolio.
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 .
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 .
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