People paying $1200 for 1 Ethereum are crazy... You only get rich buying CHEAP

ingiltere

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Quote from: killerkeemstar on February 16, 2021, 02:52:21 AM

I would argue that Ethereum is still a really good choice, I mean it's been doing so well and if i remember its actually the most used crypto on a day by day basis

It's far from being the most used crypto currency. In fact because of astronomical fee amounts ETH is pretty unusable for a long time.
That's not the point here anyway, the point is you can't make a lot of money by buying 1200 USD ETH and selling it even at the top 1800-2000 USD. You only make less than 2x. OP tell you that you need to find a good gem with very low price, that way you can be rich.

killerkeemstar

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I would argue that Ethereum is still a really good choice, I mean it's been doing so well and if i remember its actually the most used crypto on a day by day basis

mich

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I wish it was possible for me to pay $1200 for 1 Ethereum. This coin is flying off the charts now it is $1800.

Since it is the only token with a actual use for it this is no surprise of the interest this coin has always had. I just wish I realized this earlier and bought some.

geegaw

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Quote from: noormcs5 on February 15, 2021, 04:31:12 AM

For some people it is expensive to buy Ethereum at 1800$ but if you see eth price over 2500$ in few months, then you will consider 1800$ price cheap.

Think of it in another way, when Eth was 1200$, many people would not buy it considering it is expensive but those all people will buy bags of eth at 1200$ now because 1200$ seems so cheap now.

Agree, when people start to be an investor or a trader, they always have the basics of the market, know what the price point is right to buy and sell, some people may think that the price of $1200 is high to buy but others have a better perspective, they believe that eth can reach $2000, $3000, there is nothing too crazy in this story, this is a market without restrictions, as long as people keep the hype and bitcoin doesn't ruin the game, ethereum can still rise. But to be sure, a trader or an investor needs to analyze and know where to stop, each one will be per opinion and analysis

Bitstar_coin

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If people are still buying btc at this price then while will it feel strange if people buy eth at current price even, @op thought $1200 was high at the time he made this post but eth has since appreciated more in price, many people have a lot of trust in eth the reason why the price keeps going up, those who eth has potential will always buy at a higher price.

fmz89

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Quote from: muenze on January 16, 2018, 03:42:44 PM

So I made x30 with Verge and Tron. Also made x20 with some other coins. I like to buy cheap and sell for a great price and I made a little fortune in only a few months.

Now I look at ETH. Its very high. Why people would buy it now? Before you ever make a dollar all the people that bought ETH for $5, $10 or even $0.25 will cash out their thousands of ETH. Its a classic pyramid scheme.

Is there any alternatives to ETH that are still cheap today? I really like Metaverse and its very, very cheap. They just hired more programmers too and are stepping up their game, so it might get really big. Is there any others than Metaverse that could be the next Neo or ETH?

Neo is not that bad at $150 even because I think it might grow as huge as ETH is now, so meaning it would get maybe to $1000. Thats not a huge profit if it works out, its *8. But its better than buying ETH at least.

Anyway.

Any good alternatives to NEO and ETH that are still cheap like Metaverse (its at 100m market cap)?

Can be from china or japan or any other country... THANKS!

you're really wrong judging coin by their price, look at total market cap not the price lol, isnt classic pyramid scheme, eth isnt defi, eth is world computer support by hundreds thousand of miners

the biggest network beside btc, ppl who buy this because eth can drive such large money & big liqudity, not like shitcoin p&d

that ppl who bought eth at 0.5$ already sold their coin, at first eth came out i sold everyday mined eth at 1-2$ lol

numanoid

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Why you guys replying on 2 years old thread?? Are you guys crazy? This thread was created when altcoin session begin on early 2018 after bitcoin passed new ATH at 20k dollar.

Mostly i agree with OP, the only 1 way to get rich is by buying cheap, not something expensive like ETH at $1200. You must calculate how big the marketcap if you are looking for 2-5x profit with ETH price.

Quote from: Sanitough on February 15, 2021, 05:40:14 AM

So who is crazy now?

You

Sanitough

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At the present price, we can't call them crazy as they can sell that $1200 per ETH for a profit.

The thing is, we have to understand that we are investing for the future and what we are looking in the future is the adoption, and as adoption increases, you know what would happen to your investment.

ETH is like bitcoin, look at bitcoin now, it's already at $47k, and I believe there are people in the past saying that people are crazy buying $1000 per bitcoin.

So who is crazy now?

noormcs5

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For some people it is expensive to buy Ethereum at 1800$ but if you see eth price over 2500$ in few months, then you will consider 1800$ price cheap.

Think of it in another way, when Eth was 1200$, many people would not buy it considering it is expensive but those all people will buy bags of eth at 1200$ now because 1200$ seems so cheap now.

jaberwock

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Quote from: elisabetheva on February 11, 2021, 08:32:14 AM

Sometimes people underestimate the impending increase, when that person believes and buys at a high price ($ 1200) is said to be too stupid to buy at a high price.
at this time they are surprised because even by buying at a high price it can still be profitable, if we believe that the price will continue to increase why be afraid.

I agree with your opinion that as long as the trend is still showing bulls, it is clear buying is not wrong and it can be proven. when the price finally rises above $ 1800 +, he makes a profit of $ 600.

survivors who have benefited from the courage to take a stand to continue with the conviction they have and remain patient and do not panic when they are about to have an execution.
because ethereum has the potential to continue to increase this year, which is estimated to be the year of altcoin.

That is the funny part that everyone can see right now and that is why people keep investing. OP basically told people who bought at 1200 dollars crazy, he meant stupid as well but couldn't say that, and now it is 50% higher. That is literally 50% more profit in a month, how could anyone not be happy about that? So this shows that no matter how "high" you think ethereum is, you could always make more money with it as long as it continues to go up.

If one day price reaches to 2700 dollar levels, which I think is not that hard to achieve at this point, that would still be another 50% profit even if you buy today. So as long as we believe it will go up, we should probably keep on buying more and more of it as well. Of course it is not going to be simple to be a holder when you buy at the top all time high price, but as long as you believe in it, there is still a chance.

elisabetheva

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Quote from: aprilnot on February 09, 2021, 10:37:44 PM

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Sometimes people underestimate the impending increase, when that person believes and buys at a high price ($ 1200) is said to be too stupid to buy at a high price.
at this time they are surprised because even by buying at a high price it can still be profitable, if we believe that the price will continue to increase why be afraid.

I agree with your opinion that as long as the trend is still showing bulls, it is clear buying is not wrong and it can be proven. when the price finally rises above $ 1800 +, he makes a profit of $ 600.

survivors who have benefited from the courage to take a stand to continue with the conviction they have and remain patient and do not panic when they are about to have an execution.
because ethereum has the potential to continue to increase this year, which is estimated to be the year of altcoin.

matchi2011

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Quote from: aprilnot on February 09, 2021, 10:37:44 PM

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Riding with the train really paid well, there are people who knows when to invest and they are gaining good amount of money out from this so called crazyness.

They've manifested from the current trend and with good knowledge when to release their holdings they'll make good amount of profits.
Sometimes being crazy pays you a good amount of profits.

muenze

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Quote from: aprilnot on February 09, 2021, 10:37:44 PM

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Bought Avalanche for $1200 when ETH was $1200 and you now have $4800 Wink

And I think Avalanche still can go x10. Try that with ETH!

aprilnot

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and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Twinkledoe

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Quote from: 1l1l11ll1l on February 09, 2021, 04:49:21 PM

Quote from: ingiltere on February 06, 2021, 03:47:04 PM

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

haha, it's true. I actually didn't expect the price to go up this high for this bullrun this time. bnb, and tron are great for the long term, and I believe that as the OP said, coins like NEO and Avalanche have as much potential as ethereum considering they offer almost the same product

For those who waited, after 3 years, they got their rewards. But I believe a lot of them already sold their eth. Very few can wait this long and hoped that one day, eth will hit more than $1200, the price where they bought. But for some who really did wait, big congratulations! It seems that eth is still going up as they haven't fully launched eth 2.0 and they are already enjoying this good performance in the market.

muenze

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Quote from: Justbetting on February 09, 2021, 03:11:16 PM

Bought some Koinos ? Let’s get rich baby ! 10000 koinos , if it reach 100 I will be a millionaire.
What is you guys opinion on metaverse now?

Metaverse is confusing even for me now I think they switched mainnets or something
several times?

The Metaverse CEO seemed well connected back then but somehow I think he may not
have had what it takes to start a huge company, or he just missed out on some opportunities
and luck.

Their main product was a digital identity. I to this day still dont understand what this
actually means and why I would need one.

But I havent done any research about them recently. Should I?

If you are looking for complete bets you could also again buy Waltonchain. Its very low
and I have had luck in the past since it used to always come back a little bit at least to
make easy x3 or x5. Maybe not this time tho, I dont know.

1l1l11ll1l

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Quote from: ingiltere on February 06, 2021, 03:47:04 PM

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

haha, it's true. I actually didn't expect the price to go up this high for this bullrun this time. bnb, and tron are great for the long term, and I believe that as the OP said, coins like NEO and Avalanche have as much potential as ethereum considering they offer almost the same product

Justbetting

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Bought some Koinos ? Let’s get rich baby ! 10000 koinos , if it reach 100 I will be a millionaire.
What is you guys opinion on metaverse now?

BuNga_cute

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In my opinion, investing in crypto is very different from other assets, because crypto price movements are very volatile. Sometimes buying coins
at a high price does not mean you will lose money, because the price of these coins may continue to rise. Same thing happened to Ethereum,
its price has continued to rise until now. So for those who bought Ethereum at the price of $ 1200, now have got a sizeable profit.

Alanin

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Define "cheap"...
If something went from 1$ to 1500$
Then yea it was cheap at 1 compared to 1500.
But people once also said, that the price of bitcoin wouldnt ever cross 10$, and that it was all a scam to steal peoples money...

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