Im planning to invest in Ethereum. Is this a good plan? - page 14.

samcrypto

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

A newbie is always welcome and as expected, they keep questioning on where to invest or what to buy so here we go telling our opinions so they can be guided and I hope they’ll follow all our advices.

Anyway, ETH is safe as long as you know when to buy and sell. The price of ETH is quiet high compare before, so you should also consider this that you are buying on a higher price that can possibly go down again. If you still have not enough knowledge in the market, go buy slowly and keep on learning. Top coins is always a good start for a newbie but still need a little research.

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Study it first. Most are Ethereum holders here but we encourage you to take time and study it first. It's just pumping and the timing wouldn't be right for you but determine yourself if buying it at $437 is a steal for you.
If you just asked this before the $200-$300 rise, those were the best days to buy it. But for long term looking, you have some idea how it will do.

Mahanton

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Your choice since its your money after but be sure that you are aware on the risk involved because no matter how good ETH is, you cant be sure that it would last forever.Same goes when we do talk about Bitcoin where theres no assurance that it will last for long time.If you do tend to make an investment then be sure that those are the amounts that you can afford to lose.When it comes to plan then it will vary on someone
risk management thing, not all would have the same mindset and perceptions towards thing.Just be ready on what you would able to deal and experience here on this very unpredictable market.
This doesnt only imply on ETH itself but in all crypto projects in the market.

Perfect35

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Quote from: lienfaye on August 14, 2020, 07:04:42 PM

Nevertheless if you decided to buy dont forget to wait for the right timing and that is when the price decrease.

Virtually all newbies and those who are yet to understand the nitty-gritty of investing in cryptocurrency when coins are pumping. At the time it has dropped in value, they will still be there watching what will happen afterwards and that is why losing might not be far from them.
Ethereum dropped some days ago and just yesterday, late for that matter, it started pumping. Some are already buying/investing for short term waiting for it to pump more. If they are not careful and patient, they lose again.

lienfaye

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Eth is the top altcoin next to bitcoin and already well-established.
It is good for long term holding so many investors always include eth in their portfolio. However before you invest do some research first about eth for you to better understand this coin. Its not enough to ask for suggestions or because majority chose it.

Nevertheless if you decided to buy dont forget to wait for the right timing and that is when the price decrease.

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Don’t just follow your instincts you should have a plan and have a strategies. Yes it can go up easily, but it can also go down so investing without any plan for a newbie like you is too risky even if we are talking about the top altcoin.

For a newbie like you, don’t go all-in to ETH, it’s good also to hold Bitcoin and while you are learning more about the market, increase your holdings during that process. The market can offer big opportunities, so don’t waste that.

BuNga_cute

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It turns out that your instincts are quite sharp and accurate, it is true that investing in Ethereum is the right choice.
Because of the price of Ethereum this year confirm bullish, you can do analysis and research on the significant increase
in Ethereum prices. If you do have a plan for buying Ethereum can be done from now on, don't delay it is afraid the price
will increase. Later you will have trouble buying at a cheap price.

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

your choice is the best choice for a newbie my friend
because in the Top altcoins is the best way to reduce the risk on crypto investment

davinchi

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I would say it is one of the better plans I have ever seen, after all you are talking about investing into second biggest coin in the world right after bitcoin, how bad could it get? Plus, it has ethereum 2.0 coming up very soon as well where you would be able to stake ethereum with the ethereum you own, meaning you will make a lot more money with more ethereum you have.

Right now people mine it, which means they need to rent a place, buy the equipment and pay the bills for it which all costs insane amount of money and time to time they have to renew equipment and if they are big enough they may even have to pay salary to some people as well. You know what it will turn into? Just have ethereum on your wallet and that's it! That is why I think it will skyrocket eventually.

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Quote from: kaseygriffin on August 14, 2020, 12:03:04 PM

Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Why are you thinking investing in ETH when its price has increased by almost 100% in the past 2 months? You should have invested in it earlier, and the best price could be under $ 200. Now you can still invest in it but the risk is greater and you need to wait longer to get a profit

You have your point. It's already mooning and those who managed to bought earlier this year already banks a huge amount of profits.

But looking from how the market is heading, there ae still a big opportunities for everyone who are desiring to invest with this coin, there are still
upcoming updates that the team are offering, ETH 2.0 is being anticipated to bring more investors and bring more value to rise up.

But, it's always in your shoulder to make a proper research and stand firmed to your decisions, it will avoid you to lose your money.

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

this is a very good choice. ethereum is the altcoin with the best future. Right now ethereum is in a bull market and buying now is a great time. ethereum is probably the only altcoin that has low risk in the long term. and you know 9 out of 10 people I ask about which altcoin is the best. they say ethereum is the best. so don't be afraid to buy ethereum.

Kopetunto

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good plan, but if investing now looks like you bought it too high,
just wait until the Ethereum price drops and accumulate

kaseygriffin

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Why are you thinking investing in ETH when its price has increased by almost 100% in the past 2 months? You should have invested in it earlier, and the best price could be under $ 200. Now you can still invest in it but the risk is greater and you need to wait longer to get a profit

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

your choice is very correct. ETH being one of the best coins at the moment, you can see if it is the best coin you can invest in and has a low risk of loss, so don't hesitate to choose ETH

superving

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

Ethereum is a good choice but do not put all your investment into eth, remember the saying that do not put all your eggs in one basket. Trust your instinct buddy. But always remember what i said.

maydna

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

If you have an instinct for ethereum that can increase in the future, then you should follow your instinct and don't be late to invest in ethereum. If you are late, you will lose the chance to buy ethereum at a low price because I guess that the price now is still at a low price. But I hope you can analyze the trend of the ethereum, so you can buy ethereum at a low price because when the ethereum price starts to rise again, you will buy ethereum at the high price. And don't forget to invest in bitcoin because bitcoin will also increase so high, but unfortunately, we don't know when the high price will come to bitcoin and ethereum.

Btra

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Your planning for the investment in Ethereum is a very good idea. But, you need to diversify your portfolio in the various coin. In Ethereum if you are investing now in the level of $400 or a quite below then you can get a double in the next three months. After, the crossing of the price level at $1500 the ETH price will go huge maybe it will go $10,000 at the year-end of 2021. So, your investment idea for the ETH is a very good decision.

Sanitough

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Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

What do want to hear? A positive comment or negative?

If you want a positive comment only, then just follow your instinct, most of us here are investors in crypto, and ETH is a good coin to invest, it's in the top of the list for altcoins with a good trading volume and a big community, so that alone would make this project survive if it will struggle to succeed.

Follow your instinct, sometimes it's right, but don't forget to make a research because that's the most important thing when it comes to investing.

clydecessna

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Quote from: Bitcoin Miners on August 14, 2020, 02:32:41 AM

Quote from: clydecessna on August 14, 2020, 12:30:36 AM

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

That is a wise choice for newbie as you because the safe of Ethereum just behind Bitcoin in this market, maybe the profit will come slowly but if you apply the average price strategy to buy it also be good for long time

Is it ok to just keep in my cryptowallet and wait patiently for good exchange rate in the future!

Ceyflix-Rez

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It's possible that Ethereum will keep surging because of its staking earnings that's almost here and also because of DeFi Hypes, another thing that can keep this bullish market alive too is Bitcoin, still believes that without bitcoin surging there will be some damages

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