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Topic: People paying $1200 for 1 Ethereum are crazy... You only get rich buying CHEAP - page 2. (Read 2327 times)

hero member
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I am liking ETH more now with Uniswap. But the fees are insane. $40 for a transaction is just absolutely nuts.

I hope uniswap bring their own blockchain then ETH will die because nobody needs eth with $40 transactions.

Just go and buy KoinOS it will be x100 your money. So for every $1000 you put in you get $100k. Thats the only
real way to make money in crypto. Not buy expensive shitcoins like ETH with insane transaction fees for tokens.

Uniswap fees are too much high  Angry
Sometimes i need to buy small quantity of a token from uniswap and i quit my idea only because of so insane fee. I think soon people will stop using uniswap if they do not find a way to control the high fees.
full member
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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.
but it seems that even though ETH has surpassed ATH, it looks like there will be another renewable ATH because it looks like bitcoin continues to attract ETH to also want to move up. but the problem fee for ETH gas is still not finished and there is no other way to exchange it to XRP so that the fee is rather cheap and reasonable. It is not known why ethereum is now changing this will have many people looking for alternatives.
It is unfortunate that the sharp increase has been accompanied by an increase in gas fees.
full member
Activity: 1638
Merit: 122
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.
how many people bought eth at 1.2k i can say not many and how much eth they bought ? id say  less than 1 or 1 at max and they are laughing with their small profit? i dont think thats too much to boast like and not worth the risk but they are lucky that they didnt loose  .

 eth at over 1k is already its top and i think it wont go higher than that

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.
comparing eth to them is like comparing btc  .

 eth is more chunkier and its not fair but eth works good for money transfers before but now it has been fucked up
legendary
Activity: 2982
Merit: 1485
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.
full member
Activity: 224
Merit: 157
Therefore, I keep this coin and hope that its price will soon rise to several thousand dollars.

But dont you think if ETH goes from $166 to $3000 one day (which is not guaranteed) other projects in this
time will go from $0.03 to $0.15 and $0.50 and more? Which you think is better?
sr. member
Activity: 2464
Merit: 252
OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.
For ethereum, the $ 1200 price tag isn't that high. Even now, the price of this coin today has risen more than $ 1400 and this is far from the limit. Ethereum is criticized by many for its high transaction fees, however this is a temporary problem, this coin is already being updated and soon we will see a brand new ethereum with high throughput and low transaction fees. Therefore, I keep this coin and hope that its price will soon rise to several thousand dollars.
full member
Activity: 224
Merit: 157
I am liking ETH more now with Uniswap. But the fees are insane. $40 for a transaction is just absolutely nuts.

I hope uniswap bring their own blockchain then ETH will die because nobody needs eth with $40 transactions.

Just go and buy KoinOS it will be x100 your money. So for every $1000 you put in you get $100k. Thats the only
real way to make money in crypto. Not buy expensive shitcoins like ETH with insane transaction fees for tokens.
full member
Activity: 758
Merit: 104
most users use eth as their transaction tool, even though we all know that the costs involved are very large. I think this is a natural thing as demand for eth is currently increasing

Its becaused the developer mostly used Ethereum blockchain as the platform for their project and Ethereum blockchain not good enough to handle that. I hope ETH 2.0 can handle that issue and make the Ethereum more valuable unless someday it will stucked and not used anymore because high fees and slow transaction issue.
member
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Artemis
most users use eth as their transaction tool, even though we all know that the costs involved are very large. I think this is a natural thing as demand for eth is currently increasing
hero member
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why lose ? if we comparing from now price $3000 is more than x2.5 right ?
i think this is a good return on investments, because for me ethereum is the best altcoins to hold for now
It depends upon when you entered the market. I am too much involved in the altcoin market for a very long time and i was mining and most of the coins i converted to coins i wanted to hold for the long term and ETH is one of them, i have booked my profit along the way and i have sold a good amount recently when it touched the $1k valuation simply because i was holding a portion which i was planning to sell for a long time and i wanted to diversify it to something else until we have a major correction again.
JNR
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@JNRcryptobox
I have experienced this in the past year, where I bought at a high price the same as today, and I got quite a lot of losses, that's where I didn't buy etheirum at high prices because it was risky, because it took a very long time for etherium to return to the price is high, so better wait if you want to buy etherium, don't take the wrong step like I did last year

It doesnt make any sense at all to buy ETH now for $1200. It can crash to $80 again or in the best case go to $3000 maybe. But if ETH goes to $3000 you will have other coins go to $80000 (in relation to market cap).

So you only lose with ETH.

why lose ? if we comparing from now price $3000 is more than x2.5 right ?
i think this is a good return on investments, because for me ethereum is the best altcoins to hold for now
full member
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At least I bought Ethereum for another $ 86, and so even today I can sell quite profitably. But my enthusiasm does not allow me to do this, because I am confident in higher results even this year. of course, the fact that during this period prices in the cryptocurrency market fell, this is just another correction, which also happened in 2016 and 2017, where cryptocurrencies on their way to their historical maximum fell to 30%.
full member
Activity: 224
Merit: 157
I have experienced this in the past year, where I bought at a high price the same as today, and I got quite a lot of losses, that's where I didn't buy etheirum at high prices because it was risky, because it took a very long time for etherium to return to the price is high, so better wait if you want to buy etherium, don't take the wrong step like I did last year

It doesnt make any sense at all to buy ETH now for $1200. It can crash to $80 again or in the best case go to $3000 maybe. But if ETH goes to $3000 you will have other coins go to $80000 (in relation to market cap).

So you only lose with ETH.
full member
Activity: 224
Merit: 157

That's why we need to search the best coin to invest .Remember eth is always the top altcoin and i think a lots of way still to go .The price is still reachable to get i think the price will grow more on the upcoming days .I am still buying eth and holding my asset for long time .

What about those people who bought ETH before you for 25 cents?

They have millions of ETH. How many ETH do you have?

Why not do it like them and invest in cheap project EARLY?

If you want guarantee buy Apple Stock ! It can crash hard too tho like ETH.

Why not be cheap? Why be like 99% of people buying always high and staying poor?
full member
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Vave.com
eth will be more and more valuable but i will buy eth but i would expect different coins and i would expect to get more coins there and i have to wait for you guys to be patient and be nice coin
That's why we need to search the best coin to invest .Remember eth is always the top altcoin and i think a lots of way still to go .The price is still reachable to get i think the price will grow more on the upcoming days .I am still buying eth and holding my asset for long time .
sr. member
Activity: 2828
Merit: 357
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After 3 years Ethereum still in that  range of value lol , and Yeah i think people who bought Ethereum bellow 100$ recently as they are the winner on this part.

But those who bought 12 hundred back in 2018 ?  they maybe took this long just to recover their capitals .

That' why my Views in investing is it doesn't matter if the coin i will buy will take time to climb High as long as the price is one of the cheapest and i only risk small capital even if this took me Years to wait.
full member
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Price point is something which everyone will differ but one thing I understood that you need to continue holding ETH in your portfolio. Just like we need to have bitcoin in same way in altcoins ETH is a must. It could even give some surprising results by growing 2x then the current price. Though it will depend how much does bitcoin continue to grow, but ETH will grow as bitcoin continues to rise.


There is a reason only 1% get financially independant in Crypto. Because the 99% buy expensive projects. See Bitcoin now wallstreet has basically ruined it buying 10000s of Bitcoins OFF EXCHANGES so the price stays low. When they would buy on exchanges bitcoin would already be $50k or $80k or more. And then other billionaires sell ON exchanges to make Bitcoin crash because they make a great profit and the 99% of stupid capital will start get scared and sell too and then the billionaires can rebuy Bitcoin cheap and always make profit and rich get always richer and poor get always poorer.

The only chance we in crypto now have is support new great ideas. Buy coins that are still low like at $1m market cap. Be all invested in them before the billionaires get in.

Like KoinOS (ETH killer) or Banano (like Nano but still cheap and more fun)
member
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OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

Price point is something which everyone will differ but one thing I understood that you need to continue holding ETH in your portfolio. Just like we need to have bitcoin in same way in altcoins ETH is a must. It could even give some surprising results by growing 2x then the current price. Though it will depend how much does bitcoin continue to grow, but ETH will grow as bitcoin continues to rise.
full member
Activity: 224
Merit: 157
OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

Exactly, glad we understand us Smiley

But I think its very hard to find good projects. Of course theres DOT and LINK and all but theres so many people in it long before you.

Today Coinmarketcap listed KOINOS and its still quite cheap. Its got a very interesting whitepaper and a good team. They know what they are doing and have good blockchain experience. They are trying to make an ETH killer. I can see this rise by alot and its still just a few cents currently with no Venture Capital involved.
hero member
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It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

30 years can pass and it will not change the truths that was said,,, nor will it change how right or wrong OP was about Ethereum. Same as Bitcoin 10 years ago when people today are saying it is wrong as a P2P currency. It always was and always will be.

Price is not everything,,,
There can be a lot of things that have changed by that year. It's unpredictable and year after year there will be something new that we'll see. But at least for the devs if they remain to be stagnant but for Ethereum, it's starting to change with its implementation of 2.0.
Price is important though.
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