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Topic: is investing in ethereum safe? (Read 906 times)

hero member
Activity: 2436
Merit: 503
Cryptocasino.com
February 02, 2023, 12:02:41 PM
altcoins with big market capital usually tends to be safer for investments than the ones with smaller market capital, even though some of them still have the chance of collapsing but I think ethereum is definitely safer than the other then it got followed by other coins like matic, meanwhile coins like BNB which is owned by company and have utility could actually repeats the same fate that ftt has caused, since decision of the company could affect the coin as a whole, so if you're asking whether investing in ethereum is safe, it's definitely safer for investments than the other coins.
hero member
Activity: 1694
Merit: 592
The Martian Child
February 02, 2023, 09:35:51 AM
Ethereum for many years stay second to bitcoin as the most valuable cryptocurrency so I feel safe holding and accumulating it as well. Since I started investing in crypto, there is no other coin that performed solidly in the top ranking. There was a time when Ripple and Ethereum were racing for second place. Now Ripple is only valued at 10% of Ethereum's worth. I always look at Ethereum and BNB as the second and third safest coins in crypto although far from bitcoin. And we might need to observe from here how Ethereum's POS shapes its future because that is the only thing that I felt doubtful about.
newbie
Activity: 129
Merit: 0
February 02, 2023, 08:15:24 AM
   Ethereum is the second largest cryptocurrency by its market cap which makes it a really volatile investment. You can go for it if you're financially able and have a high risk tolerance otherwise you can consider other altcoins as it isn't such a good thing to limit yourself to only one particular altcoins whereas there are many others you can explore and invest in. I'd suggest CORE which essentially is the native token of core DAO; an L1 EVM compatible blockchain which ensures scalability, decentralization and security but nobody knows its exact price value at the moment. Miners of CORE like myself are banking on the hopes that it'll be talked about during the AMA between MEXCGlobal and CoreDAO on Feb 3 at 2:00 UTC. But the features of CORE makes it a good alt to look at.
sr. member
Activity: 2002
Merit: 250
February 02, 2023, 03:20:56 AM
In altcoins, if you are investing in Ethereum and new projects, it is safe to choose to invest in Ethereum. Among altcoins, Ethereum is like Bitcoin. There are also many sayings that Ethereum will surpass Bitcoin. All I can say is that Ethereum and Bitcoin work differently and they don't need to compete with each other. And they each have a lot of fans.
even though I do agree that ethereum have smaller chance of ever overtaking bitcoin throne but if it's ranked based by capitalization then it could be said that ethereum and bitcoin could become a competition.
the thing is that, they are indeed in different niche but we are comparing the market valuation of each these coins, so it's still apple to an apple comparation.
Basically Ethereum is one of the best altcoins and that is without a doubt,
the opportunity to overtake Bitcoin I think will always be Ethereum but again it's not easy and if it does it doesn't look like it will be anytime soon,
what is clear is that we will see what will happen in the future.
legendary
Activity: 1232
Merit: 1080
February 01, 2023, 09:38:51 PM
So far, Ethereum is still the number 1 altcoin and I'm still trying to own it in large quantities. Investing in Ethereum is risky, and all investments, especially crypto, have a big risk. However, this investment can still make you a lot of profit if you put it to good use. it all depends on the strategy you set. I will try to answer your questions

we don't know about the future, all we can do is speculate, and as for Ethereum, I think it will still be a good investment considering Ethereum has always been and is currently the number 1 altcoin. I'm pretty sure the development will continue to make the price higher than it is.

Personally, I believe that in crypto, Ethereum is one of the most appropriate cryptos to choose for investment from in the short or long term.

Ethereum is the number 1 altcoin because of its function, community, level of trust, and the needs of people increasingly about Ethereum. many projects have been built on the Ethereum network for a long time. however, there are so many reasons why Ethereum is still the number 1 altcoin today.
Number 1 because of the price or its features? imo it lacks the features needed to be a main stay in cryptocurrencies. Btc has the best features and Monero probably has the next best because their features are for a different type of person that btc cannot offer. Everything that eth offers can be achieved with btc and will probably be in its shadow forever. Of course eth has unique features but I do not think they are a big enough difference to benefit people enough to keep it alive. Important features that offer value are much better then having something that has features just to be different.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 01, 2023, 07:56:44 PM
In altcoins, if you are investing in Ethereum and new projects, it is safe to choose to invest in Ethereum. Among altcoins, Ethereum is like Bitcoin. There are also many sayings that Ethereum will surpass Bitcoin. All I can say is that Ethereum and Bitcoin work differently and they don't need to compete with each other. And they each have a lot of fans.
even though I do agree that ethereum have smaller chance of ever overtaking bitcoin throne but if it's ranked based by capitalization then it could be said that ethereum and bitcoin could become a competition.
the thing is that, they are indeed in different niche but we are comparing the market valuation of each these coins, so it's still apple to an apple comparation.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 01, 2023, 07:01:56 PM
investing in ethereum is definitely safer than the other coin mainly because it's labeled as number 1 coin not for nothing, it's because it has the liquidity that you won't worry about withdrawing your investments, moreover it's safer than the other alts in general but of course this comes with disadvantage that is ethereum is already quite expensive enough that with smaller capital you would hardly score any meaningful increase in value.
legendary
Activity: 3024
Merit: 1285
Hhampuz for Campaign management
February 01, 2023, 04:34:45 PM
Ethereum is the top altcoin on the market and has proven profitable for Investments especially since the last bull run. besides that this project also has a solid team and has been proven to have many fans and developers who use the platform to develop their projects, on the one hand this project has a strong community, so it's no wonder that many people believe and put some of their money in ethereum.
Many people turned away from investing in Ethereum due to the extra transaction fees of Ethereum. But Ethereum is a very trusted platform. So many people invest heavily in Ethereum despite the additional transaction fees.  I think Ethereum is better than other ALT coins for investment.  But its big problem is that for those who want to invest with small amount of money, investing in Ethereum will not be comfortable. But I think if the gas fee of ethereum can be normalized then the amount of investment in ethereum will increase a lot more.

Don't take this wrong but I have to correct you that Ethereum (ETH) is an altcoin, any coin that is an alternative of the bitcoin considered and labeled as an altcoin. Don't get confused about that mate.

Anyway, what you're saying is true as most investors are indeed looking away from ETH because their gas fee is too high and that gives the Binance an advantage because their platform offers a much cheaper transaction fee. But if the concern is for long-term holding, yes, it is safe to invest towards ETH and it's already forecasted that its value will go higher upon bitcoin's recovering status.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
February 01, 2023, 03:01:56 AM
So far, Ethereum is still the number 1 altcoin and I'm still trying to own it in large quantities. Investing in Ethereum is risky, and all investments, especially crypto, have a big risk. However, this investment can still make you a lot of profit if you put it to good use. it all depends on the strategy you set. I will try to answer your questions

we don't know about the future, all we can do is speculate, and as for Ethereum, I think it will still be a good investment considering Ethereum has always been and is currently the number 1 altcoin. I'm pretty sure the development will continue to make the price higher than it is.

Personally, I believe that in crypto, Ethereum is one of the most appropriate cryptos to choose for investment from in the short or long term.

Ethereum is the number 1 altcoin because of its function, community, level of trust, and the needs of people increasingly about Ethereum. many projects have been built on the Ethereum network for a long time. however, there are so many reasons why Ethereum is still the number 1 altcoin today.
newbie
Activity: 16
Merit: 0
February 01, 2023, 02:34:18 AM
In altcoins, if you are investing in Ethereum and new projects, it is safe to choose to invest in Ethereum. Among altcoins, Ethereum is like Bitcoin. There are also many sayings that Ethereum will surpass Bitcoin. All I can say is that Ethereum and Bitcoin work differently and they don't need to compete with each other. And they each have a lot of fans.
full member
Activity: 1974
Merit: 147
January 31, 2023, 11:59:08 PM
Quote from: Kaliandra
: does ethereum have a good future?

Yes, investing in Ethereum is favourable because many traders has tested it before in the community that made them to have solid confident on Ethereum, and there is a huge amount of reward for those that invested in it. Now that Bitcoin price is pumping which is a sign that Ethereum price will be pumping too to move to another level were long term traders will achieve what they have never achieve before from their Ethereum. Ethereum still remain second position among other cryptocurrencies which are the advantage that made it to have a bright future for those that believe in it.
jr. member
Activity: 284
Merit: 1
January 31, 2023, 01:43:40 PM
I think Ethereum is very strong project a thousand of people invest in Ethereum and many people hold Ethereum according to my experience is that if Ethereum solved there fee problem because there fee is so high compared to others.
So Ethereum is great project and safe and secure project that is my experience!!
legendary
Activity: 2842
Merit: 1152
January 31, 2023, 12:59:04 PM
Ethereum is far better than those altcoins and if I ever have to invest in Altcoin it would definitely be either Ethereum or any other top Altcoin because they have great market record.
Ethereum is always been great since the start and no other coin could surpass it. But there is one thing that affects the demand for this project, this is because of the huge transaction fees that most traders and investors don't like it. However, despite the huge fee, I'd still see that ETH remains on top among other altcoins, and that is probably because the trust has built strong already.
Ethereum has been known for its profitability and that it keeps the faith of investors, short-term or long-term.
I think it doesn't have any huge transaction fees anymore, and I think that's here to stay. We need to remember that ethereum changed so much and it is not the same thing that we remember anymore and it is different. It means that we are going to do something that will be quite easily the best thing ever out there. I know that's not going to be easy, but it's going to be pretty much the best thing we could hope for.

I know that it is going to be what we deal with, but at the same time we are going to end up with lower gas fee that will cause less people to buy eth, or at least not buy as much eth. Back in the day high tx fee meant buying a lot of eth to pay for the gas, now not so much.
sr. member
Activity: 2128
Merit: 259
Vave.com - Crypto Casino
January 31, 2023, 12:52:07 PM
Ethereum is a good known project in the cryptocurrency industry.  Ethereum (ETH) is a safe cryptocurrency to invest in because eth is the 2nd largest cryptocurrency in the world. So, it’s so much stable & its price will be increasing.
Of course ETH is a safer asset, just like bitcoin, but some altcoins can bring much more profit with less investment. I know from my own experience, that it's a shame to see the whole market growing and ETH or BTCs growing slower. But if I consider long term investing, I would buy ETH.
Yeah, that's why i would like to recommend Ethereum as a quite safe investment instead of others any altcoins in the whole cryptocurrency market but i think it’s long term investment then profit can be ensure, also if you have good amount of money to invest because it’s much expensive coin.
sr. member
Activity: 1414
Merit: 250
Undeads.com - P2E Runner Game
January 31, 2023, 10:16:36 AM
Ethereum is the top altcoin on the market and has proven profitable for Investments especially since the last bull run. besides that this project also has a solid team and has been proven to have many fans and developers who use the platform to develop their projects, on the one hand this project has a strong community, so it's no wonder that many people believe and put some of their money in ethereum.
hero member
Activity: 2800
Merit: 603
January 31, 2023, 08:55:00 AM

Ethereum is far better than those altcoins and if I ever have to invest in Altcoin it would definitely be either Ethereum or any other top Altcoin because they have great market record.
Ethereum is always been great since the start and no other coin could surpass it. But there is one thing that affects the demand for this project, this is because of the huge transaction fees that most traders and investors don't like it. However, despite the huge fee, I'd still see that ETH remains on top among other altcoins, and that is probably because the trust has built strong already.
Ethereum has been known for its profitability and that it keeps the faith of investors, short-term or long-term.
hero member
Activity: 2002
Merit: 578
January 31, 2023, 07:11:47 AM
To me, Ethereum is a safe choice and has great growth potential. The simple reason is that ETH has experienced a history of constant growth and huge trust creation. That also proves why all projects choose to build on the ETH platform. The upcoming Shanghai upgrade is very promising. Just buy and hold ETH

ethereum is still the second best choice after bitcoin and the best among altcoins even though BNB is also quite promising.
because of the trust that has long been attached to ethereum, there are still many projects using the ethereum platform to date, which is a separate proof that cannot be separated from the situation regarding ethereum. totally agree that at times like this keep buying and holding ethereum because of the promising prospects in the future.
No, Ethereum will still beat BNB in terms of adoption. Remember BNB once on the Ethereum chain and I think most TVL are with Ethereum. The Shanghai upgrade is just around the corner and that's likely a huge catalyst for Ethereum. Technology on Ethereum is beyond compare and they're the reason why we have so many dApps these days using the smart contract technology.
agree, ethereum will be able to be in a position like today and will not be easily replaced, because ethereum is indeed very promising and has proven that. but we also have to be able to see the current reality, that many very promising altcoins are growing, including BNB, even though it will not be easy and maybe difficult to be able to shift the position of Ethereum itself.
I believe that etethereum will be the prima donna for a very long time to come.
There's even rumors that maybe in the years to come it will flip Bitcoin in terms of market capitalization and I think it's not impossible. I don't think BNB will ever get to position like Ethereum, not even in a decade I suppose. Ethereum will still beat them all even in just TVL, the Ethereum developers are among the active developers in the space right now.
full member
Activity: 330
Merit: 140
January 30, 2023, 10:56:33 PM
don't worry about investing in Ethereum, because Ethereum is a crypto currency project that is fundamentally very strong,
moreover their CEO Vilatik is a very successful and genius person for developing Ethereum projects in the future,
I'm sure in the future Ethereum will be more than $ 10000 , so don't be afraid to invest in Ethereum.

thanks for the information, it's no wonder that many people invest in ethereum because they see good opportunities, and it's not wrong for people to say that ethereum is the number 1 altcoin.and I think also ethereum will be potentially good for the future, and I see ethereum volumes are also good.
legendary
Activity: 2198
Merit: 1086
Free Bitcoins Every Hour!
January 30, 2023, 05:59:41 PM
don't worry about investing in Ethereum, because Ethereum is a crypto currency project that is fundamentally very strong,
moreover their CEO Vilatik is a very successful and genius person for developing Ethereum projects in the future,
I'm sure in the future Ethereum will be more than $ 10000 , so don't be afraid to invest in Ethereum.
Sure. ETH has strong fundamentals and has reputable CEO (Vitalik Buterin). That's why people are brave to invest in ETH for the long term. No doubt ETH has a big opportunity to survive for a very long time in crypto industry. However, we can't predict how long ETH to survive in the 2nd place. There should be a chance for another altcoin to overtake it in the future. So, some people may feel afraid that there will be a decrease in the popularity of this coin in the long run. It also must bring an impact on ETH value. Even though it is very possible to reach $10,000k but not sure how long ETH is able to maintain that value. That's why we must always make a realistic plan for our investment, including BTC or ETH.

member
Activity: 812
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Crypto bookmaker and casino
January 30, 2023, 04:56:27 PM
don't worry about investing in Ethereum, because Ethereum is a crypto currency project that is fundamentally very strong,
moreover their CEO Vilatik is a very successful and genius person for developing Ethereum projects in the future,
I'm sure in the future Ethereum will be more than $ 10000 , so don't be afraid to invest in Ethereum.
Ethereum is a very good project and asking this kind of question could be funny atimes. Ethereum has a big market cap and liquidity. No matter what is happening currently, you need to know that Ethereum is one of the top 5 cryptocurrency we have in the market and soon when the price of Bitcoin skyrocket, we shall be see a real bullish move.
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