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Topic: is investing in ethereum safe? - page 3. (Read 906 times)

full member
Activity: 784
Merit: 108
January 27, 2023, 11:51:11 PM
#91
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
full member
Activity: 345
Merit: 140
January 27, 2023, 10:00:40 PM
#90
if eth as second biggest coin could be collapsing then I think the cryptocurrency market will be shaken hugely, the only thing holding eth back might be the fact that it's over supply and even like that there's mechanism that gonna reduce its total supply.
I think eth is definitely safest choice in term of investing in altcoins, mainly because the fact that it's first ranked altcoin.

Your answer is very interesting, indeed if ethereum collapses, the crypto world will definitely be shaken, and I hope that the crypto world will continue to thrive. and now ethereum has also proved that ethereum is the first rank altcoin and now the price also had a nice price increase now it will be close to 1600.
legendary
Activity: 2492
Merit: 1332
January 21, 2023, 12:38:40 AM
#89
In spite of the fact that Bitcoin is the best option on the market, many newbies still find a way to ignore it because they believe that it cannot give them big profits, which is a common mistake that newbies seem to make among themselves. But with Ethereum option is also a good choice, as long as we should only invest in bitcoin or Ethereum and stay away from all other shitcoins, our investment will be safe too.

Although many say that ETH is no longer safe once it has moved to POS, I still believe that there will be no altcoin that can replace it, it will always be the queen of altcoins and will always stand by bitcoin.
It seems this is going to be the case for the foreseeable future, just as there were many coins over the years that claimed they were going to replace bitcoin and they all failed, we have seen the exact same thing happening with ethereum, countless projects have appeared over the years that were supposed to kill ethereum, and since they have all failed then it is safe to assume that if at some point ethereum were to collapse it would not be because of another coin but because of internal factors.
hero member
Activity: 2968
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January 20, 2023, 05:35:30 AM
#88
what's altcoin safer for investment than ethereum that has that high market capitalisation to the point that the other altcoin following it getting left behind, I think you're safer investing in eth than investing in other alts.
basic rules of thumb should be you are allocating majority of your investments in btc and eth then some other coins after that. then you're gonna get relatively low risk investment portfolio in your arsenal and shouldn't worry about losing most of your money when some alts collapses. so that for long term you could get more benefits out of your investments since alts in general only suited for short term.
I agree, I mean there is a reason why ETH is so high, and there is a reason why it's as high as nearly being all the others combined together being smaller (if you leave bnb and stables out, it's like that right?). So, there is a reason why ETH is at the top of the food chain in the altcoin world and if you really want to make sure that you are investing in the right thing, you can't go any better than ethereum at all.

I know that some people may find something wrong with it if you look closely enough, something that could go wrong that could make it crash. But you know what's the difference? You could find that with anything, and that's the difference, others are even worse.
legendary
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January 20, 2023, 04:25:27 AM
#87
First let me say one thing, investing is your personal matter, you can take idea from other people but buy what they suggest setaaktu carefully. Eth is a good coin you can invest. It is better to invest in Bitcoin because it is the safest. If you invest by looking at the market condition, you will be protected from losses.
Yes I think so too. If I ever think about investing I will invest in Bitcoin first and then invest some money in Ethereum. I think if the price of Bitcoin goes up then they will go up in price of Ethereum.  So I will invest in both of them. I expect the price of Bitcoin to rise along with the price of Ethereum in a very short period of time.

In spite of the fact that Bitcoin is the best option on the market, many newbies still find a way to ignore it because they believe that it cannot give them big profits, which is a common mistake that newbies seem to make among themselves. But with Ethereum option is also a good choice, as long as we should only invest in bitcoin or Ethereum and stay away from all other shitcoins, our investment will be safe too.

Although many say that ETH is no longer safe once it has moved to POS, I still believe that there will be no altcoin that can replace it, it will always be the queen of altcoins and will always stand by bitcoin.
hero member
Activity: 1316
Merit: 593
January 20, 2023, 02:11:02 AM
#86
Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.
yes everyone in the crypto market should already know the risks. Ethereum and Bitcoin are considered very safe. but no one dares to provide insurance for the ownership of crypto assets. it makes the intended security still vague or not 100%.
However, every financial analyst in the world, of course, has analyzed the potential of Bitcoin and other crypto assets. Ethereum which is now considered the strongest altcoin after Bitcoin in the crypto market also has great potential for its development in the future.
so there will be no guarantees for Ethereum, but most of the people in the Crypto space trust Ethereum with its approach.
ETH is a coin in 2nd position.  Which ranks after Bitcoin.  And like Bitcoin, ETH is very popular.  Investing in Ethereum is as safe as investing in Bitcoin.  Although two different things, Bitcoin is a decentralized digital currency and has no physical trace of a company or owner.  However, the owner of Ethereum is visible. So investing in Ethereum is much safer than other altcoins
hero member
Activity: 826
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January 19, 2023, 11:40:17 PM
#85
Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.
yes everyone in the crypto market should already know the risks. Ethereum and Bitcoin are considered very safe. but no one dares to provide insurance for the ownership of crypto assets. it makes the intended security still vague or not 100%.
However, every financial analyst in the world, of course, has analyzed the potential of Bitcoin and other crypto assets. Ethereum which is now considered the strongest altcoin after Bitcoin in the crypto market also has great potential for its development in the future.
so there will be no guarantees for Ethereum, but most of the people in the Crypto space trust Ethereum with its approach.
sr. member
Activity: 570
Merit: 250
Vave.com - Crypto Casino
January 19, 2023, 11:26:12 PM
#84
First let me say one thing, investing is your personal matter, you can take idea from other people but buy what they suggest setaaktu carefully. Eth is a good coin you can invest. It is better to invest in Bitcoin because it is the safest. If you invest by looking at the market condition, you will be protected from losses.
Yes I think so too. If I ever think about investing I will invest in Bitcoin first and then invest some money in Ethereum. I think if the price of Bitcoin goes up then they will go up in price of Ethereum.  So I will invest in both of them. I expect the price of Bitcoin to rise along with the price of Ethereum in a very short period of time.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 19, 2023, 07:53:01 PM
#83
the thing with investment is that there's nothing that 100% safe even apple stocks aren't entirely safe but that's entirely different thing if you decide to invest in some good investment instruments and has made some proper analysis before investing and even putting your money. but at least as you said ethereum is already being considered good coin, it has plenty of big investments coming from big investment firm and companies, they surely have made some real analysis towards the coin itself so I guess some of worries that some people might have can simply be ruled out since even big company knows the potential behind ethereum even bitcoin.
legendary
Activity: 3108
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January 19, 2023, 07:13:44 PM
#82
It actually might be your safest choice in the altcoin market. Its roots are buried deep in the cryptocurrency industry and that won't be easy to dig and pulled out.
Instead of risking yourself by trying to buy altcoins that you think are gems with a good future, just stick with this one first.
Then, you can try and save more money for another investment that you are willing to take a higher risk.
About the increase in value, it certainly does have a chance. Just vision how many investors think the same way as I did. They will buy the safest first and try to make profits out of dumps and pumps. Use that profit to look for another but their Ethereum balance will stay.
full member
Activity: 1498
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January 19, 2023, 06:37:57 PM
#81
Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
January 19, 2023, 06:24:13 PM
#80
what do you think about incoming eth unlock in March ?  There will be huge amount of eth unlocked , so probably it  will be thrown on the market , so price might go down or ? 
We don't know, it can be that those unlocked Ethereum might be thrown into a dump by those that hold it. It's been there to be dumped which is most likely going to happen.
Just brace yourself for whatever will happen by that time as that's the market that typically goes. We see the ups and downs of it, and if this is on Ethereum, we'll never know if that news will be positive or not but it's just a matter of a year or two until we see the actual bull run IMO.
member
Activity: 223
Merit: 24
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January 19, 2023, 11:32:53 AM
#79
First let me say one thing, investing is your personal matter, you can take idea from other people but buy what they suggest setaaktu carefully. Eth is a good coin you can invest. It is better to invest in Bitcoin because it is the safest. If you invest by looking at the market condition, you will be protected from losses.
legendary
Activity: 2856
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 19, 2023, 11:27:49 AM
#78
-cut-
It's a centralized cryptocurrency.
-cut-

Bitcoin was 5 years when it was centralized by GHash.io by having a mining pool with 51% of the whole mining power.
ETH is 7 years now and is going trough a MASSIVE upgrade so this might not be the best time to valuate it as whole. We should be thinking where it's going and is the network going to be secure until we get to that point.

Being centralized is surely not optimal but i think people should have more context. Every coin had their problems at some point which in the Billion dollar industry is scary. It's just not unusual as people think.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.
January 19, 2023, 10:56:54 AM
#77
I don't have experience in altcoins, but I have quite an interest in investing in altcoins, but when I hear the news that investing in altcoins is very dangerous because the potential for losses is so big, but I found out on the internet, it turns out that we can invest in altcoins as long as the in quality altcoins,
and finally I saw on cmc that the number 1 altcoin is ethereum, and finally I'm quite interested if I have the capital to want to invest in ethereum.
and I saw the news that it turned out that a lot of people were investing in ethereum because the ethereum project is very good and has a lot of fans. and I want to ask everyone?

: does ethereum have a good future?

: is it not wrong if I choose to invest in ethereum?

: what is the drawback of ethereum?

: why is ethereum the no. 1 ALTCOIN?

If you enter the market without bitcoin in your portfolio, it is like you have never invested in crypto, and if you want to invest in altcoins but ignore ETH, then I can say that your altcoin portfolio will soon disappear one day.
You don't like to invest in bitcoin, maybe you think altcoin gives you a high return, and that's true, but you need to know more than bitcoin is the safest, all altcoins are very risky and easy to disappear at any time. But you still want to invest in altcoins, then ETH is the perfect choice for altcoins. Without bitcoin, perhaps ETH would be the king of the market.
sr. member
Activity: 2786
Merit: 343
when lambo...
January 19, 2023, 05:50:25 AM
#76
what's altcoin safer for investment than ethereum that has that high market capitalisation to the point that the other altcoin following it getting left behind, I think you're safer investing in eth than investing in other alts.
basic rules of thumb should be you are allocating majority of your investments in btc and eth then some other coins after that. then you're gonna get relatively low risk investment portfolio in your arsenal and shouldn't worry about losing most of your money when some alts collapses. so that for long term you could get more benefits out of your investments since alts in general only suited for short term.
ETH is the safest investment among altcoins and we have no reason to doubt it but OP hasn't seen it very clearly which is very unfortunate. Although we can say that because of trx fees which gives some readers to a few traders and investors are also looking for another coin. But this is not enough to think that ETH is out of its potentiality because I haven't seen any altcoins that could have equal potential to this project. Our trust stay strong and the faith that someday ETH will rally back high again together with Bitcoin.
legendary
Activity: 3080
Merit: 1024
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January 18, 2023, 07:38:29 PM
#75
what's altcoin safer for investment than ethereum that has that high market capitalisation to the point that the other altcoin following it getting left behind, I think you're safer investing in eth than investing in other alts.
basic rules of thumb should be you are allocating majority of your investments in btc and eth then some other coins after that. then you're gonna get relatively low risk investment portfolio in your arsenal and shouldn't worry about losing most of your money when some alts collapses. so that for long term you could get more benefits out of your investments since alts in general only suited for short term.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
January 18, 2023, 06:58:28 PM
#74
I think Ethereum is a very strong project and definitely they rise in future and this time alot people invest in this project if Ethereum solve there Transection fee problem because there Transection fee is so high compared to others .
According to my experience is that Ethereum is safe coin and very trusted coin many people this time interested in this project.

have you recently checked the gas fee under eth network? their fees have gone down significantly.

 and besides, there's no investment that you can say it is totally safe. there are always risks involved. now, it is up to you how to lessen such risks. diversify your portfolio. assess the potential of the coins. invest only in quality coins.
hero member
Activity: 2842
Merit: 772
January 18, 2023, 06:55:15 PM
#73
The only drawback for Ethereum is that it become so very centralized now that it will not sit well with some of us. There are even reports that there are a million validators, so imagine that, everyone has control and maybe there could be one validator who has the majority.

But if you are ok with this kind of setup for Vitalik's project then why not, there are predictions that it might hit 5 digits in the future.

So if Bitcoin goes to $100k, Ethereum might see $10k.
hero member
Activity: 2436
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Cryptocasino.com
January 18, 2023, 06:47:30 PM
#72
I'd say ethereum is certainly safer than any other project out there, it has the liquidity, and its value is quite high, it also has mechanism in reducing its supplies so that at least it will not getting over supply, meanwhile it's also already being considered safe investment for many companies with proper analysis in which certainly those analysis coming from professional. I don't think you could go wrong investing in ethereum it's literally #1 altcoin you can invested in.
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