Im planning to invest in Ethereum. Is this a good plan? - page 6.

ryap12

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The best thing is first to read about Ethereum before you invest. It is a rule for every altcoin before you plan to invest. But it is a good plan! Ethereum should be in every portfolio.

Since you are advising to have an Ethereum in every portfolio. What percentage should we have in terms of dominance within the portfolio? Noting that there is this Ethereum 2.0 coming by end of year or by first month of 2021. I would really like to have an idea because right now I am not sure which to hold and how much to hold. I have like 6 ETH only since I am not rich. But hoping I get some good profit if ever I get the right advise. Send me a PM if you are eager to advise me. Thanks!

peter0425

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Quote from: ?? on ??

The best thing is first to read about Ethereum before you invest. It is a rule for every altcoin before you plan to invest. But it is a good plan! Ethereum should be in every portfolio.

Nice advise very rare and not been tackled here lol.

Investing is not just a game because this risking your money,so making research and deep understanding about the currency you want to buy is indeed.

But of course buying ranked coins will always be safer than shitcoins that needs Pump and Dump.

Danslip

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Quote from: South Park on September 18, 2020, 03:56:45 PM

Quote from: Captain Corporate on September 15, 2020, 09:18:37 AM

Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

The only problem I see with this strategy is that most people that I know have the attitude of living the moment and while that is fine in most aspects of your life when it comes to investing this is a very dangerous attitude to have, and this is because as soon as the price of the coin in which you invested begins to go down you will be tempted to sell and those that have that kind of personalty will sell for a bad price while people like us will keep holding their coins knowing that sooner or later we will recover our investment.

Selling before the price hits the support level is a good idea rather than waiting for the market recovery phase. If there is a trading plan, sticking to the original exit point will be smarter but not everyone has the same patience waiting for the predictions price. In theory, selling before the downtrend is profitable compared to alternative scenarios. There can be a price opportunity that lets you trade the ETH less than $250 but jumping this trade can be dangerous because catching the falling knife will not give back the best results.

Aabcde

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This is great, I also have the same feeling and it's been a long time since I felt it. It's not bad to put some funds into Ethereum because the project is really active and continues to grow quite well

I also chose ethereum to store some of my crypto assets. I think Ethereum will be much better in the future. I believe Ethereum is a solid crypto and will grow to make us rich in the future. ahaa

South Park

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Quote from: Captain Corporate on September 15, 2020, 09:18:37 AM

Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

The only problem I see with this strategy is that most people that I know have the attitude of living the moment and while that is fine in most aspects of your life when it comes to investing this is a very dangerous attitude to have, and this is because as soon as the price of the coin in which you invested begins to go down you will be tempted to sell and those that have that kind of personalty will sell for a bad price while people like us will keep holding their coins knowing that sooner or later we will recover our investment.

Republikcoin.com

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Quote from: ?? on ??

This is great, I also have the same feeling and it's been a long time since I felt it. It's not bad to put some funds into Ethereum because the project is really active and continues to grow quite well

My goals and my focus on ethereum have not been distracted today. probably pretty much a coin growing faster than ethereum. however, slowly but surely, ethereum prices are also developing higher. Well, so far, I'm still holding out and looking for Ethereum. maybe it would be better if you had them in bulk when the price was over $ 500.

Aqcizromencez

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of course ethereum is a good altcoin but you should look for opportunities to enter into investment, and I also think about when is the right time to buy ethreum and hold for a long time, but in the short term it may be difficult to make a profit buying ethereum.

Chainsmokers

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Quote from: Captain Corporate on September 15, 2020, 09:18:37 AM

Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

I see your goal for Ethereum is the future no one thinks badly of ethereum in the future the price will definitely go up, especially when crypto enthusiasts are getting higher of course it will affect Ethereum prices later but if there is a coin that provides a short profit why should you choose Ethereum to invest in

Captain Corporate

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Activity: 2156

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Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

lienfaye

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Quote from: Chainsmokers on September 14, 2020, 02:14:32 PM

but if you buy for the long term I think is the right choice because many predict ethereum is the coin of the future

I do think eth is best altcoin to invest in.
The price is unstable and following the movement of bitcoin.
But there's more to look forward to eth.
So I always consider eth, everytime im up to buy additional coins.

Dr.Osh

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Quote from: Chrystora123 on September 14, 2020, 01:26:29 PM

I think for now it's better to refrain from investing in Ethereum until the gas fee drops..

Quote from: ?? on ??

In my personal opinion, it is good decision to invest on ethereum. Ethereum is most powerful and potential crypto in the crypto market. Hopefully you can generate good money if you invest on it.

Ethereum will always be the best Altcoin for investment but the thing that is less good about Ethereum is the high gas fee..

yes, current gas really got me thinking before doing ethereum, or altcoin transactions on Myetherwallet. However, I still focus on ethereum, but for now, I don't think so often do Ethereum transactions because the fees are quite high. however, I am also still planning to increase the amount of ethereum I have.

South Park

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Quote from: andibongkol on September 11, 2020, 05:10:09 AM

many think ethereum investing is the best choice so far but in my opinion it is a risky choice Due to the fact that Ethereum prices are very difficult to rise
when it increases only briefly and falls again the decline will last a long time, that's what i saw

It depends on your goals, there is no doubt that ethereum is one of the best coins in the market, however if you are looking to make money in the short term I am not so sure ethereum is the best choice as the price of that coin has been growing for months now, however if your intentions are to hold those coins for the long term then even the current price could be attractive enough, just be careful when it comes to a long term approach I think it is preferable to buy your coins in several instalments instead of buying it all at the same time.

Chainsmokers

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Activity: 1372

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The movement is quite difficult to guess for Ethereum rising and falling at any time If you buy and aim for the short term it is too risky,In my opinion
but if you buy for the long term I think is the right choice because many predict ethereum is the coin of the future

Chrystora123

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I think for now it's better to refrain from investing in Ethereum until the gas fee drops..

Quote from: ?? on ??

In my personal opinion, it is good decision to invest on ethereum. Ethereum is most powerful and potential crypto in the crypto market. Hopefully you can generate good money if you invest on it.

Ethereum will always be the best Altcoin for investment but the thing that is less good about Ethereum is the high gas fee..

zelikman

jr. member

Activity: 41

Merit: 1

Bears are waking up again, it is very dangerous to enter ETH for a long time. I wouldn't recommend it. Learn how to trade, this will help you get a good profit without particularly high risks.

MCobian

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Quote from: Tahid12 on September 12, 2020, 08:06:53 AM

Of course, Ethereum is one of the most divisive cryptocurrencies in the industry. I don't have trust much on any altcoins except btc and eth cause I've very bad experienced holding others coins. I believe it's a best oppourtunity to investment on eth as soon as eth 2.0 update is releasing that is going to break privious all time high

I also only believe in the potential of Bitcoin and Ethereum, especially for the most secure altcoins is Ethereum. Especially for those who
are experienced in the world of crypto, of course, they will know that not many altcoins can be trusted. Only Ethereum can be trusted to
make a profit among the many altcoins that exist today. It's true that Ethereum holders are looking forward to the release of ETH 2.0,
if that happens I am optimistic that Ethereum will be able to make a new all time high price.

rajnish2470

newbie

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anyone entering the crypto market with instinct, then he is just a gambler
study and analysis is very important, even if one is unable to do so by himself, there are so many discussion group in telegram too, where you can understand

sulendra12

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Quote from: sarmrakib on September 11, 2020, 08:42:17 AM

Investing on crypto always a good decision .However you have a plan to invest on eth its a good choice .Eth has strong development team and vitelic trying hard to make the future shine .So i think you can invest on it.

It is not always, making money in crypto is not just a toy that you can do anything with your eyes closed. You need to learn, research, plan, strategy and manage your emotion to actually make something in crypto from trading or even jobs like freelance etc. Have you look at the beginners that lost more than a grand? That's an impact for underestimate everything

Beyerd17

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Quote from: andibongkol on September 11, 2020, 05:10:09 AM

many think ethereum investing is the best choice so far but in my opinion it is a risky choice Due to the fact that Ethereum prices are very difficult to rise
when it increases only briefly and falls again the decline will last a long time, that's what i saw

That is so true, it becomes a numbers game. When back in 2015 and 2016, Ethereum had a much lower market capitalization and THEN it was a good buy and easier to move upwards in price. Now on the other hand the market cap has gone up so much it can't really budge much higher easily.

Tahid12

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Of course, Ethereum is one of the most divisive cryptocurrencies in the industry. I don't have trust much on any altcoins except btc and eth cause I've very bad experienced holding others coins. I believe it's a best oppourtunity to investment on eth as soon as eth 2.0 update is releasing that is going to break privious all time high

Topic: Im planning to invest in Ethereum. Is this a good plan? - page 6. (Read 4514 times)