Topic: I have not been nice in my predictions about ETH, but... (Read 459 times)
Ethereum fork 1 is happening now, the other two forks until Jan 16 is yet to come and everybody is expecting that the price will soar higher before that date and after that is uncertain already. I prefer to wait for the price action after the Jan 16 fork. I hope it will gradually goes up and make everybody happy. Ethereum has gone down today from 4K to 3.6K but I doubt it will go down below 3K. So let's hope that after Jan16 it is bullish already.
Hardfork ETH is different from hardfork which has happened before like BCH.
I saw the BCH price going up dramatically before hardfork happened because investors already knew they would benefit when they bought a BCH before the hardfork was finished. And sure enough, I guess many investors who have benefited from hardfork BCH, they get 2 coins at a time.
However, ETH only experienced a price decline, especially today, which has decreased by 13% and the worst is XRP has overtaken it again. Maybe what the OP has decided is correct, sell before hardfork because prices have decreased, it was makesense.
I saw the BCH price going up dramatically before hardfork happened because investors already knew they would benefit when they bought a BCH before the hardfork was finished. And sure enough, I guess many investors who have benefited from hardfork BCH, they get 2 coins at a time.
However, ETH only experienced a price decline, especially today, which has decreased by 13% and the worst is XRP has overtaken it again. Maybe what the OP has decided is correct, sell before hardfork because prices have decreased, it was makesense.
Not only yesterday ETH will always follow the price of Bitcoin when bitcoin price starts decreasing automatically the price if bitcoin will decrease. It doesn't means the price of ETH will go down but again with the market recovery again the price of ETH will recover with the major development they are releasing very soon.
Everyone knows that it is time to sell soon, so they are in a hurry to be among the first. Thus, the dump will be before the fork. Perhaps already begun. That was so many times.
ETH already followed BTC yesterday when dump started actually the market had a movement downwards because of it. Hopefully it will go back to normal before the fork so that there would be small impact on its value. Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
I am holding my ETH since then as I also support ETH by doing so. i am long tern hodler its just so happen that in this kind of situation you have to be smart in making decision for ROI.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
I agree with you that ETH is a strong project with a bright future, and it is important to look to that future and what value a smart contract platform can be in the real world. Whole industries can be automated just for a start. ETH really is potentially that transformative. So this is a view of what may happen over say 5-10 years at the shortest.
This then makes the question of what happens over a couple of days now almost immaterial. Yes volatility can be useful for trading, but for the long-term and the potential 'end price' of ETH, the current movements I don't think are that relevant. I know it's easy to get dragged into constantly refreshing the price charts, I'm guilty of it myself, but the big picture and the longer term is far far more important.
Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
I completely agree with you, since the ethereum Classic Vision has nothing to do with the update of Constantinople, since it is not an official hardfork. And this in turn does not affect pricing today.Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
I completely agree with you, since the ethereum Classic Vision has nothing to do with the update of Constantinople, since it is not an official hardfork. And this in turn does not affect pricing today. 
there will only be two possibilities after hard fork occurs, namely the price of ETH rises very high or the price of ETH will drop dramatically. about 3 more days we go to Hard Fork.
Yeah with your two possibilities, I'm hoping that this coming fork will uplift the price of Ethereum back to $500 level which I think it's a possible to rise at that level considering that this will create hype when the price will start to move up. Tomorrow could be the launching date but it seems the market has not reacting on a positive way but I'm still hoping for the best. Maybe a week after the launching to really see if this will bring good news to ethereum believers.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
I think it's a safe strategy. If you don't want to take the risk, you can sell the ETH before January 16 and I'm sure its price will be higher than $ 160 because the demand is quite large.But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
It's a safe step but if you want to make more money, hold on to receive free token. I think the new token will be good and its price will be at $ 100.
Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
there is a lot of speculation, ETH has 3 hardfork schedules, namely Classic Vision, Nowa, and Constantinople. The main hardfork of Ethereum network is happening to the Constantinople hardfork but traders misunderstand because they only target the airdrop from holding a coin. The Ethereum network is already very crowded so Ethereum did hardfork because Constantinople was able to fix this problem. people began to panic because ETH prices from 0.04> 0.037 yesterday and have an impact now many are choosing to sell rather than hold even though the main hardfork has not been implemented.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
A little more time, when we understand how the plug will affect the ETH and its price. But I think that a recession at the same time by 10-15% is inevitable, and then we will return to the last level again.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
Constantinpole is only a feature upgrade for ETH and there won't be any new coins generated for it. ETH is not moving much ahead of this event.
I'm also down with this coin but that wont stop of holding it. Weve seen the peak and we just have to be there again. $2000 prediction looks high, I'm just expecting it to go high by $500-$1000.
Somewhere around that price would be really fine to start selling. I wont sell after the fork but Im putting my faith on it that no massive sell offs will occur. The constantinople will upgrade ETH but with the two forks before it, I think people will sell those coins for ETH.
Somewhere around that price would be really fine to start selling. I wont sell after the fork but Im putting my faith on it that no massive sell offs will occur. The constantinople will upgrade ETH but with the two forks before it, I think people will sell those coins for ETH.
I do not think just to wait for the upgrade and sell before it will give you great profit as there are series of updates lined up for eth this year i think eth can prove to be best hodl of this year and it can yield massive profits by year end.
The hardfork is going to be the reason why people are going to invest in ethereum this season. I believe that if you can invest now you might make good profits in some weeks to come. Trading ethereum for other coins is not advisable now but Selling other coins for ethereum is the right thing to do now. Another reason for investing in ethereum currently is because ethereum is currently undervalued and if you buy at this low price you have reduced your risk.
No one is nice at predicting the market you only need be careful and invest at the right time.
No one is nice at predicting the market you only need be careful and invest at the right time.
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