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Topic: is investing in ethereum safe? - page 4. (Read 906 times)

jr. member
Activity: 284
Merit: 1
January 18, 2023, 02:31:31 PM
#71
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.
hero member
Activity: 2800
Merit: 603
January 18, 2023, 08:56:50 AM
#70
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 ? 
Where did you get that information? I haven't heard about this, might be another market assumption or something just rumors.

Anyways, whether the price of ETH will dump or pump, people will still trust this project. I have no clue what you are thinking about but there is only one thing could say, ETH is one of the most promising altcoins in the crypto market, and investing in this is safe and won't disappoint you.
newbie
Activity: 14
Merit: 0
January 18, 2023, 05:24:32 AM
#69
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 ? 
legendary
Activity: 2086
Merit: 1058
January 18, 2023, 05:14:23 AM
#68
Ethereum is a potential altcoin that is much safer to invest in than other altcoins.  But since Ethereum is a crypto coin, no one can guarantee that it is safe to invest in it.  Yes it is safe because it has a strong team who is maintaining it but no one can guarantee the profit if you invest here.  Profit will depend on your own investment because if you can't invest at right time and sell it at right time then you won't earn profit.  So I won't say that Ethereum is 100% safe. Because if you hold your money through ethereum it will never keep your money stable it can go down at any time and up and down at any time.
It's basically is it safer or not question at this point. If someone opened up an account at bitcointalk and came here to ask about ethereum, then they must know that we are going to be crypto minded people, and we prefer to invest into crypto. There is really no situation that we could consider to be equal or even similar in this type of situation that could be regularly accepted.

I know that not a lot of people would be able to say the same thing in most cases, but that's just how it is so far in this case. And in this crypto world, ETH is by far the best altcoin that we have seen and we will keep on supporting it through tick and thin as long as it shows us the same respect back just as it has done so far.
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
January 17, 2023, 06:47:30 PM
#67
I'd be surprised if ethereum as second most valued coin isn't even considered safe then I guess all cryptocurrencies investment is essentially gambling, the thing is there's reason why ethereum is considered safe mainly because it's too big to fail, it's unlike other alts in general that have some measly valuation, ethereum is valued so high that I don't think it will ever be valueless. I think you shouldn't doubt about investing in ethereum because it's just that good, the only thing holding it back is the fact that it hasn't even solved its gas fee problems until now which could be the reason that it's gonna be overtaken by other similar smart contract eventually.
hero member
Activity: 2072
Merit: 603
January 17, 2023, 01:08:54 PM
#66
I feel it as newbie you have doubt even on the ETH coin. Nothing wrong in that and I dont think peeps should be laughing on the OP's question. They are noob, they have not tested any coins and it may have happened that they are very very new in the whole crypto process. Altcoins are always surprising to us and as bitcointalks follower I have already seen peeps getting looted in the name of good project for alts. It is always better to keep it straight and ask as many questions we want before investing into any type of crypto currency. Whether it is bitcoin or ETH or any other coin, this is prime question. To answer to OP, ETH is one of the highly trusted alt and we can call it the king of all alts. Good investment, only profitable for long term holding.
sr. member
Activity: 1400
Merit: 340
January 17, 2023, 12:58:49 PM
#65
ETH is a solid project and investing in it is a good option. For any newbie considering to invest in altcoins, Ethereum should be your number one option and not any other. It is the first altcoin project you should think of. Investing in ETH also requires you to know how to keep them safe because just like bitcoins they are also a target for scammers and can be stolen or lost if you are careless with them. The value of ETH will be high in future so you should keep them safe if you invest in them.
jr. member
Activity: 57
Merit: 1
January 17, 2023, 12:30:10 PM
#64
ETH is the second largest currency in the market that many people invest in because it has a solid foundation, there is no doubt that it will be successful in the long term. but if you are thinking for the short term, I doubt that you can make much profit right now.
hero member
Activity: 2912
Merit: 674
January 17, 2023, 12:29:12 PM
#63
Ethereum is a No. 1 altcoin but that project had a big change to switch from Proof of Work to Proof of Stake.

Its network now is very centralized and with centralization, transactions can be censored. It is not good with the possibility of censorship, manipulation from centralized investors or groups of investor.

I still consider Ethereum as a best altcoin but investment always has risk.

But we know that a centralized coin isn't that good enough because there is always a risk of manipulation just like the one you've mentioned and investors won't be attracted by such even if Ethereum is labeled as the #1 Altcoin, and I for one, rooting for the Ethereum to be fully decentralized this year or next year. Aside from ETH, there's this another altcoin that has been running in a decentralized ecosystem which also belongs in my portfolio, it's BNB. OP can do some more research besides ETH.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
January 17, 2023, 12:14:19 PM
#62
From all indications, Ethereum has proved itself more instrumental in the development of this industry than any other altcoin. I even maintain that if not that Bitcoin is the pathfinder in this game and has got a very strong fan base, ETH would've taken the trophy from it a long time ago. Just look at the Ethereum smart contract which it started before others and tell me why anyone wouldn't want to invest in ETH. Ethereum is the queen coin while Bitcoin is the king. That's the way I see it.
hero member
Activity: 2268
Merit: 507
January 17, 2023, 11:15:25 AM
#61
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.
legendary
Activity: 2856
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 17, 2023, 10:40:39 AM
#60
: does ethereum have a good future?
Define good future? I think so but i am not measuring good future in terms of profits.

: is it not wrong if I choose to invest in ethereum?
You are the one making decisions. Just don't make those decisions for your family or friends by investing their money. As you obviously have no idea what you are doing.

: what is the drawback of ethereum?
POS isn't really tested out yet on such a big scale. And new tokemonics could bring results we haven't really calculated. There could be new exploits bringing it down.

: why is ethereum the no. 1 ALTCOIN?

Because it has the biggest marketcap. Marketcap = circulating amount of tokens * value
full member
Activity: 1064
Merit: 101
January 17, 2023, 10:20:18 AM
#59
It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year.
The risk is there, so don't ignore the risk even if you believe ETH is one of the best altcoin that deserves to be in your investment portfolio. Anyway, I haven't ignored ETH so far either and it is one of the altcoin that has caught my attention the most to some extent. But you may need to know, ETH is still no better than bitcoin - but ETH is also profitable.

One of the most important things is, keep investing in an amount that you can afford to lose. But in the long term, bitcoin is much more useful because of its real use cases.
Whatever the coin actually there will always be a risk even Bitcoin which is the king of crypto there is still a risk,
for long term investment I think Ethereum is a good choice and it will be profitable,
And most importantly, do your research first.
staff
Activity: 2436
Merit: 2347
January 17, 2023, 08:50:56 AM
#58
: does ethereum have a good future?

It does, if it doesn't turn into the ultimate centralized dumpster with huge commissions.

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

Everyone has to decide for himself what to invest in.

: what is the drawback of ethereum?

Again, centralization, censorship and huge commissions.

: why is ethereum the no. 1 ALTCOIN?

Because this network has a large adoptsion among developers.
sr. member
Activity: 1218
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
January 17, 2023, 07:42:31 AM
#57
Ethereum is a potential altcoin that is much safer to invest in than other altcoins.  But since Ethereum is a crypto coin, no one can guarantee that it is safe to invest in it.  Yes it is safe because it has a strong team who is maintaining it but no one can guarantee the profit if you invest here.  Profit will depend on your own investment because if you can't invest at right time and sell it at right time then you won't earn profit.  So I won't say that Ethereum is 100% safe. Because if you hold your money through ethereum it will never keep your money stable it can go down at any time and up and down at any time.
legendary
Activity: 1064
Merit: 1228
January 17, 2023, 07:17:34 AM
#56
It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year.
The risk is there, so don't ignore the risk even if you believe ETH is one of the best altcoin that deserves to be in your investment portfolio. Anyway, I haven't ignored ETH so far either and it is one of the altcoin that has caught my attention the most to some extent. But you may need to know, ETH is still no better than bitcoin - but ETH is also profitable.

One of the most important things is, keep investing in an amount that you can afford to lose. But in the long term, bitcoin is much more useful because of its real use cases.
sr. member
Activity: 952
Merit: 274
January 17, 2023, 02:15:06 AM
#55
I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum. Smiley
It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year. The only thing that matters is when to invest, you cannot just buy Ethereum right away without knowing you cut loss levels, the margin that you will put and also your entry points. If you want to make money then we should be aware on those points that I mentioned, because those are essentials in a long run. Planning is crucial because it can help us to grow our funds and protect our capital in dips and retracements.
legendary
Activity: 2492
Merit: 1332
January 16, 2023, 11:53:33 PM
#54
I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum. Smiley
Bitcoin and ethereum are heavy correlated, which means that when bitcoin goes up in price ethereum does the same, and when bitcoin goes down ethereum also follows it, so you do not get any protection by diversifying yourself and investing in ethereum or any other altcoin, for that reason if you really want to achieve some sort of diversification in your portfolio then you need to be prepared to invest in markets other than this one.
newbie
Activity: 32
Merit: 0
January 16, 2023, 03:16:00 AM
#53
Any investment is risky, you can research the market by yourself, and the advice given to you by others may not be suitable for you.
I think investing in Ethereum is okay. Among altcoins, its current development is comparable to that of Bitcoin. You can invest in it and try it out for yourself.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
January 15, 2023, 06:56:51 PM
#52
I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum. Smiley
Having diversified investment is always the best choice. Ethereum stands strong as the best compared to many other altcoins available in the market for various reasons. The projects that hav got developed over the ethereum platform itself enough to determine the potential of ethereum. Maybe the growth is slow, but we'll have assured market progress in the long term. When it comes to altcoins investment one should know when the enter and exit, then it'll be the best with low risk.
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