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Topic: is investing in ethereum safe? - page 6. (Read 956 times)

hero member
Activity: 1666
Merit: 701
January 13, 2023, 04:59:35 PM
#31
I think this is still quite safe, Ethereum is one of the alt that is quite good in my opinion compared to other altcoins, Ethereum is clearly better in terms of investment but if it relates to the election there is bitcoin there I suggest to be in bitcoin but if you really want to be in altcoins then indeed Ethereum is definitely not something wrong and you should be there if you want altcoins.
legendary
Activity: 3654
Merit: 1165
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January 13, 2023, 04:46:32 PM
#30
I do believe that it's one of the best out there right now. I know not many people believe this but it is definitely the best altcoin for me. It is obvious that many people think the same way as well because it is the second biggest coin ever, only after bitcoin itself and if people didn't think that it's the best coin then it wouldn't be able to go there at all.

This is why it should have been so important to have some on your portfolio and I can definitely say that I trust it to be safe. This is of course my understanding and if we are talking about being safe or not, you can't possibly know and maybe I could be wrong about it and it's not, but I do trust it.
hero member
Activity: 1064
Merit: 639
January 13, 2023, 01:10:59 PM
#29
: is it not wrong if I choose to invest in ethereum?
No it's not! The thing is wrong is if you invest all your money in this. [ never put all your eggs in one basket ] You need to have some part of your investment in bitcoin and some in other large cap as well.

: what is the drawback of ethereum?
Its transaction fee is very high compared to other L1 blockchains (which will be fixed according to the team but for now it is its drawback)

: why is ethereum the no. 1 ALTCOIN?
Marketcap
sr. member
Activity: 616
Merit: 274
January 13, 2023, 12:45:12 PM
#28
I am very confident about the future of Ethereum in 2025, don't hesitate to own it. Because history has proven it.
With the changes made by the owner, Vitalik Buterin is someone who does not stop innovating with the talents he has. Buy slowly during the current bearish phase and enjoy it at a later date (the future).
hero member
Activity: 1820
Merit: 537
January 13, 2023, 12:35:34 PM
#27
Ethereum is one of the top coins not because it has a huge number of fans or even a big community. It's on top because of its potential. Most altcoins have issues that they're facing but despite every negative comments about Ethereum, it still remained as one of the most trusted coins next to Bitcoin.
If you are a risk taker, Ethereum is still worth investing in. If you'll look at its history, you would know how it developed and reached a good spot in the market.
legendary
Activity: 3276
Merit: 2442
January 13, 2023, 12:13:37 PM
#26
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?

Nobody knows if eth has a good future. It did fine so far but we can't know the future for sure. Litecoin used to be #2 coin too. Look where it is now. The very same thing very well may happen to eth in the future. It is less likely but not impossible. Another example is ripple. It used to be the #2 coin on coinmarketcap. People thought it is the next big thing. Then it was revealed that it wasn't more than a centralized scam.

ETH is popular now but who knows? Maybe some other coin will become more popular than eth.
hero member
Activity: 1456
Merit: 608
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January 13, 2023, 12:10:49 PM
#25
Ethereum is a good altcoin but no one can guarantee it is fully safe. Because every crypto currency coins are risky.  Yes Ethereum is in the 2nd position in the crypto world and is just behind Bitcoin.  And its ecosystem is very good.  As a coin it has a lot of potential but it cannot be guaranteed that something bad can not happen to it in the future. So you have to invest and hold in crypto with risk it is normal
sr. member
Activity: 1764
Merit: 260
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January 13, 2023, 12:05:57 PM
#24

I think if you define "safe" as a legitimate investment, then we can ultimately say that it is safe. On the other hand, if you meant "no risk of losing money", that's not what Ethereum, other altcoins, or even bitcoin investment looks like. The market depends on the demand of supply (as always), but here, the volatility is high compared to other investments. Furthermore, I think it'll be preferable if you know yourself if ETH is worth investing for. Research more about it, after that you can make your decision.
newbie
Activity: 88
Merit: 0
January 13, 2023, 11:57:37 AM
#23
We don't know the future, so no one can answer the first question. But a lot of people, just as I do, believe in it. It's not just a coin and a blockchain with tokens, Ethereum is a technology. A lot of web-sites now work using what Vitalik made. And it can be upgraded, right now we are using ETH 2.0.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 13, 2023, 11:52:32 AM
#22
If you talk about quality altcoins, then litecoin and ethereum comes into the picture for the older users like me. These coins have a good community backing them and they will likely not fade away. Same with Dogecoin but doge lack the use case that ethereum has, even though some celebs might promote it, you should be careful before investing in it.

Specifically Ethereum can be a good second line asset after bitcoin if you are willing to invest in it for the long term. But this is all a personal choice and we have ethereum haters on this forum too, so dont let anybody's opinion cloud you. I personally have invested in ethereum for the long term a while back and holding it, but I dont have plans to buy more.
legendary
Activity: 1792
Merit: 1296
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January 13, 2023, 11:35:34 AM
#21
If you have little experience in altcoins, then take your time to study the information in the topics dedicated to this. For example, on this forum.

Yes, that's right, investing in altcoins comes with a lot of risk, but also a lot of rewards that can be made. Here you have to find a balance between profitability and riskiness.

Ethereum has a positive future. At the moment, this altcoin is #1 and is likely to retain its leading position.

No, that's right. Many recommend investing in ethereum, but it is better to do it for the whole amount, and part. Which one, it's up to you.

I see the main disadvantage of ethereum is that it is a centralized project without a set maximum coin threshold. It turns out that infinite emission is possible.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
January 13, 2023, 11:17:34 AM
#20
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?

Ethereum is by far the best altcoin out there which is the reason why it stands second on the marketcap index.
Ethereum has a good team of developers and a dedicated community. The project is really unique and has a good potential.
Unlike other altcoins, ETH has faced its ups and downs but is still on the top. Anyone can choose to invest in it if they want to invest in the best and safest altcoins.
It does have a good future and currently I don't see any drawback for it.
hero member
Activity: 2884
Merit: 579
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January 13, 2023, 10:48:30 AM
#19
Ethereum has been on the top 1 for altcoins for many years and no. 2 overall in the whole crypto market next to bitcoin. With the changes of its algo coming from pow to pos, still, it's on the top.

I'm an holder of it and sold a bunch when it's on the peak and half of it and still holding a few of it waiting for the next bull run.

I'd say that it's still one of the most desired altcoin as it's on the top but we don't know if it's going to get hold of its place when the next bull comes.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
January 13, 2023, 10:10:34 AM
#18
Ethereum has a good track record over a long time. Lots of coins/tokens are tied to it so I don’t see any risks at the moment. The only fear would be if Vitalik rugged the community by selling a large % of his holdings. Ethereum is his baby so the possibility of that is very low in my opinion.

Ethereum actually did a higher ROI % than bitcoin in the last bull run so I think there is a very high ceiling for it in future years. In my opinion Ethereum is a good investment.
sr. member
Activity: 1386
Merit: 451
January 13, 2023, 10:01:13 AM
#17
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?

Ethereum is currently the second most popular cryptocurrency after Bitcoin. The second largest coin most users have been investing in alongside Bitcoin. Ethereum is a very good coin for long term investment. If the Bitcoin market takes a good position, then Ethereum will take a good position. I think it is a very good coin to invest. For those of you who want to invest in altcoins, I would say you must invest in Ethereum.The future of Ethereum is very promising. Undoubtedly can invest here.
sr. member
Activity: 2422
Merit: 357
January 13, 2023, 08:30:48 AM
#16
: 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?
ETH is still a good coin to deal with, the future is still bright and there's nothing wrong if you choose ETH as one of your investment you just need to know your target price and your cut loss price because in cryptomarket, everything goes up and down so better to be ready. Probably the drawback for ETH is the slower network and one of the expensive network until now. Being a number one altcoins tells a lot, this only means that despite of the FUD many investors still see the real value of ETH and that is a good sign for a long term holder.
hero member
Activity: 1498
Merit: 504
January 13, 2023, 07:52:52 AM
#15
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?
Of course it's safe, ETH is one of the Atlcoins that has a good future and prospects.
There have been many investors who have proven the benefits of investing in these Altcoins.
Many experienced crypto observers say that ETH is the best asset after Bitcoin for a long term investment.
Even though the price is currently low because it has experienced such a significant decline, many investors have actually entered and bought large amounts of ETH.
I myself only believe and believe in 2 crypto assets namely Bitcoin and ETH.
hero member
Activity: 2828
Merit: 518
January 13, 2023, 07:40:24 AM
#14
Safe than any other altcoins but I would tell you also that it will depend on how manage it. Because many people lost their money from investing in this and that possibly happens to you also if you are too careless with your decision. But if you can make it so well, earning a huge profit is not impossible.
I would say that - don't look on the negative side but rather ignore them. ETH has been in the market for so long and it shows a satisfying performance that is why people never give up from investing this even during the dip.
sr. member
Activity: 1722
Merit: 269
January 13, 2023, 07:29:01 AM
#13
: 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?

Even though i am also just a normal dude with no inside knowledge about cryptocurrency in general and also not about Ethereum, i will try to answer your questions. I think Ethereum definitely has a good future, next to bitcoin it is by far the most popular and also the biggest crypto project out there and if Ethereum should really fail, then 99% of the other altcoins will probably die way before that.
ETH is the number 1 altcoin because they invented the whole smart contract functionality. Without that feature we would not have stuff like tokens, NFT's, Defi, Dexes, Yiel farms and other stuff today. All those other platforms like (Solana, Cardano) are basically just copying what Ethereum has invented.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 13, 2023, 06:24:53 AM
#12
I say ethereum is the queen of the king of bitcoin and for the future ethereum doesn't need to be doubted anymore after you can research ethereum's track record long ago. ETH has always had great potential and future when buying at a bearish time and holding on until a bullish party arrives.
but as some members have said here that investing in crypto is very risky and you have to really be prepared for all risks and you need to research everything before you start investing in ethereum.
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