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Topic: Is the price of ETH emotional? (Read 227 times)

full member
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November 25, 2024, 02:02:29 AM
#22
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.
Not advisable mate because the market not is growing and not going to favor you in anyway by just buying back now .

better to keep that funds for a while and wait till the price drops down to buy more again.and that will make you safe for another years of holding again .
legendary
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November 24, 2024, 09:02:29 PM
#21
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

Sadly I don't think that's possible that the price of ETH will drop now. We are in a bull market right now.

on top of that, seems ETH has been attracting many investors these few days, anything ETH related is going up right now, ENS, the DeFi tokens, and ETH itself has been having quite good runs maybe resumed again if BTC dominance formed double top and will face impending dump.

indeed OP's decision to sell $2800 seems to be a bad idea since we're in bullrun anyway even if our asset dump i'm sure 100% the asset will reach ATH again at some point, just stake it somewhere and forget it, when we come back our money probably doubled already.

but maybe it's still not too late to invest now.
legendary
Activity: 2450
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duelbits.com
November 23, 2024, 04:58:54 PM
#20
As I said, I sold ETH at $2,800 and if I buy now, I will naturally lose. If I buy and the price goes up a lot, I will make a profit.
Have you got enough profits when you sold your ETH? If you got enough profits already, you should feel satisfied. Don't be greedy, dude!

Anyway, I don't understand that you said "naturally lose". If you decide to buy ETH again, it means you begin a new investment in ETH. Kindly forget your ETH investment in the past. Regarding the chance of profits, I'm sure there should be a chance of getting profits again in ETH. ETH just begin to increase constantly, it is still possible to reach its ATH or make a new ATH. However, this is just my own perspective. It is not investment advice!! DYOR/DWYOR  Grin

What would you do if you were me?
If I were you, I will never sell my ETH at $2,800.  Cheesy

hero member
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November 23, 2024, 04:38:15 PM
#19
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
No one knows. If you have ever sold ETH on a lower price than today, you should just take it and wait until the drop really happens. But as for looking at the market whether it will drop in the upcoming days, no one has an idea if it will.

Is it better to convert my money back to ETH with the same amount of loss?
It's fine if you are okay in taking the losses you've made there.
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November 23, 2024, 07:06:41 AM
#18
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.
It is difficult to say with certainty whether the price of ETH will rise or fall in the future.  Because it depends on the market demand, technological improvement and economic situation.  Whether to convert the same amount of loss into ETH depends on your risk tolerance.  If you are financially ready to reinvest and believe in the long-term potential of ETH without worrying about losses, you can invest.  Besides, you can discuss the market situation with the financial advisor before the investment decision.
brand new
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November 22, 2024, 12:11:27 AM
#17
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

Sadly I don't think that's possible that the price of ETH will drop now. We are in a bull market right now.
legendary
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November 21, 2024, 12:15:51 PM
#16
With the price reaching 3.1k then we could see that we are going to make a lot of profit and we can't really consider ETH to be emotional, it's just logical to make this kind of return on the long run. It's clear that we are going to see a lot higher prices soon too, maybe not today or tomorrow but it is going to keep going higher and higher, so it is not going to be such a big deal.

We should be considering how to get bigger profit if we could focus on how to accumulate more, because the more ETH you could get, the more profit you will get as well. Also, keep in mind that you are not going to end up with just ETH neither, we could end up with more profit from something else as well but it couldn't really be considered anything bigger, just look at all coins and see if anything could be better than ETH.
legendary
Activity: 2716
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November 20, 2024, 03:58:59 PM
#15
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

I think, you made a big mistake by releasing the Ethereum on time, because the price of Ethereum has increased above $3,000 which there is still opportunity for the price to reach $5,000 before the end of this year and it will create enough opportunities for holders to boost their income. The price of Ethereum will not going to remain high through out next year, because a time will come when the price will decrease for investors to start purchasing in a low price and hold for long term which is the best strategy holders use to make potential income from Ethereum. You know that the price of Ethereum is still high, and even though you convert your funds into Ethereum at this high price, it will not allow you to make a big income from Ethereum but you will not going to lose just that the income will be little.

Hello,
So, what should I do? If the price of ETH is going to reach $5,000, wouldn't it be better for me to buy ETH at the current price and wait? What would you do if you were me?
Those are not really the correct questions, you already had ethereum and you decided to sell as soon as there was a positive movement, so even if you were to buy now and the price of ethereum reached those levels, do you think yourself capable of holding your coins until that time and finally sell for a profit? What would you do if the price instead begins to go down and you now have to hold your coins for a loss? Can you do that? Since depending on your answer to those questions the best course of action would be very different for you.
member
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November 20, 2024, 08:44:28 AM
#14
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

I think, you made a big mistake by releasing the Ethereum on time, because the price of Ethereum has increased above $3,000 which there is still opportunity for the price to reach $5,000 before the end of this year and it will create enough opportunities for holders to boost their income. The price of Ethereum will not going to remain high through out next year, because a time will come when the price will decrease for investors to start purchasing in a low price and hold for long term which is the best strategy holders use to make potential income from Ethereum. You know that the price of Ethereum is still high, and even though you convert your funds into Ethereum at this high price, it will not allow you to make a big income from Ethereum but you will not going to lose just that the income will be little.

Hello,
So, what should I do? If the price of ETH is going to reach $5,000, wouldn't it be better for me to buy ETH at the current price and wait? What would you do if you were me?
full member
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November 19, 2024, 09:48:36 PM
#13
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

I think, you made a big mistake by releasing the Ethereum on time, because the price of Ethereum has increased above $3,000 which there is still opportunity for the price to reach $5,000 before the end of this year and it will create enough opportunities for holders to boost their income. The price of Ethereum will not going to remain high through out next year, because a time will come when the price will decrease for investors to start purchasing in a low price and hold for long term which is the best strategy holders use to make potential income from Ethereum. You know that the price of Ethereum is still high, and even though you convert your funds into Ethereum at this high price, it will not allow you to make a big income from Ethereum but you will not going to lose just that the income will be little.
hero member
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November 19, 2024, 02:21:01 PM
#12
Learn from your trading experience, don't be afraid to make mistakes, investing in crypto cannot be said to be a short-term investment, just look at how those who bought ETH under hundreds of dollars before and whether they will sell it now, I think some of them choose to hold it because the price can be even higher, if you are looking for short-term profits, you should play futures, especially with little capital, it is better to buy cheaper tokens such as meme coins, it is more profitable than buying ETH at the current price and with little money. 
If before, yes, because cryptos are still new and there are cryptos that are literally slow in terms of growth but now, we are on the fast-paced era even on other things like the technology for example. So short term is now popular as the long term.

Each still has their pros and cons, so there are still people that will prefer long term over the short term one. They are one of the OG's if they bought ETH under a dollar and I think many have not even reached this point but for those who do, they can either sell now (as we are now one of our peaks) or they will just continue what they have started. They already have an experience, so holding longer is not that hard anymore for them. Even though short term only offers small profits at most times, I think it is also more riskier than the long term one.

There are just people who seem to be not contented yet on the risk that it delivers, resulting for them to do futures trading but its return were seem to be higher because it had a multiplier/leverage that we can adjust higher. Their risk is the reason on why you said that we must only use a small amount of capital but even for the other, you can't go wrong with with this approach. A small capital might still go a long way anyway with the help of cheap cryptos, as you said there.
hero member
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November 18, 2024, 08:39:49 AM
#11
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.
I think you have done very well by selling Ethereum in this market. In this pumping market, Bitcoin crossed the maximum of $93,000 but Ethereum could not cross $3500. I can't tell you the reason behind the Ethereum price not going up at the moment. But it would be wise not to invest in Ethereum again. You can wait to invest your Ethereum selling dollars into Bitcoin or wait to buy Ethereum again, dumping the price of Bitcoin will surely dump Ethereum a lot.
He was too quick to sell during a season like this, although the price of Ethereum has not experienced a very high increase, but if you look at it slowly this ETH coin has a slow growth, maybe one of them is the inconsistency of the SEC in regulating Ethereum which makes this a little problematic in the view of Investors, and yes it is not one of them, some of them ETH still has high fees in transactions which makes ETH less attractive for the time being, this is a subjective view of what I have seen of its development, developers must be more creative in attracting new investors, if they are stuck in development it will probably be overtaken by other L1s that provide greater opportunities in the ecosystem and the benefits it provides.
sr. member
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November 18, 2024, 04:16:50 AM
#10
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.
I think you have done very well by selling Ethereum in this market. In this pumping market, Bitcoin crossed the maximum of $93,000 but Ethereum could not cross $3500. I can't tell you the reason behind the Ethereum price not going up at the moment. But it would be wise not to invest in Ethereum again. You can wait to invest your Ethereum selling dollars into Bitcoin or wait to buy Ethereum again, dumping the price of Bitcoin will surely dump Ethereum a lot.
legendary
Activity: 2464
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Bitcoin Trader
November 18, 2024, 02:17:07 AM
#9
Learn from your trading experience, don't be afraid to make mistakes, investing in crypto cannot be said to be a short-term investment, just look at how those who bought ETH under hundreds of dollars before and whether they will sell it now, I think some of them choose to hold it because the price can be even higher, if you are looking for short-term profits, you should play futures, especially with little capital, it is better to buy cheaper tokens such as meme coins, it is more profitable than buying ETH at the current price and with little money.  Grin
hero member
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November 16, 2024, 09:23:36 PM
#8
seeing from the chart, personally there's big chance that ETH might hit $4k again in the future, if the BTC.D is really going down and it marks the start of alt season, ETH might retrace a bit to $2800 before going up again such thing is always possible but ETH can also just right off the bat go to $4k, it depends on the sentiment though.

maybe if you're not so sure you can always DCA little by little, don't just invest all in to ETH, gradually seeing the price action might help especially if you are adept in TA.
just to figure out whether ETH is truly trying to make a breakthrough or not.
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November 15, 2024, 04:04:54 PM
#7
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?
I would say depends on what you traded it to. If you sold your ETH and got USD back, then yeah, going back in would be the right move, and I would suggest you should do that. However, if you are talking about selling ETH and getting btc for example, then it is not really a big deal and you can stay.

This is the trading world in that case and with trading anything could happen and we can't say much, btc or sol or something else could grow more than eth and then when you are keeping them instead it is not really a bad move at all. However, if we are talking about just USD, then I do not suggest those at all, makes no sense to see those working out, and would definitely be considering something much larger in that case. Sometimes things are a bit tough, and we need to wait it out.
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November 15, 2024, 11:38:34 AM
#6
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

Why in haste, if the Ethereum market can cross $3,000 even when we least expect for that, then we should be more hopeful that very soon, this is going to become another hit of the market, we are to position ourselves on the market volatility, if the general trends is bullish, then Ethereum may have the same pattern and also go bullish and this same applies to the other side of it, until we see the onset of the altcoins season in full whereby all other cryptos are rising.
hero member
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November 15, 2024, 08:24:51 AM
#5
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.

I think so, that price is still high and we all know that crypto especially ETH is very volatile during crypto winter so I think that price is still achievable. The main question here is when will the next crypto winter will happen again?

I think it’s better to just wait instead of engaging on fomo buy again because you will never know if the price will still pump or dump next.

It’s better to do DCA using bot or grid trading to earn some profit without the need to hold for now until the price back to the level that you want.
hero member
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November 15, 2024, 08:17:38 AM
#4
It possible that price of eth will go below $3k, maybe you can convert back to ETH when it drops below $3k and sell when it goes back above $3k.  Just a suggestion and not a financial advice.
member
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November 14, 2024, 06:11:02 AM
#3
Hi,
Thank you so much for your reply.
As I said, I sold ETH at $2,800 and if I buy now, I will naturally lose. If I buy and the price goes up a lot, I will make a profit. What would you do if you were me?
legendary
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November 14, 2024, 03:01:44 AM
#2
If anyone advice you now and you invested but ethereum start to fall in price, you will blame the person. So this is not an investment advice but my opinion. The bull market is not over yet and the price of coins like ethereum will still likely increase. But I still have confidence in bitcoin investment than ethereum.
member
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November 14, 2024, 02:13:03 AM
#1
Hello,
I had a small amount of ETH and sold it at $2,800, but I feel like I made a mistake. Is it possible that the price of ETH will drop again in the coming days?
Is it better to convert my money back to ETH with the same amount of loss?

Thank you.
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