Most of us feel very uncomfortable buying one coin at such a price. We are happy to see our wallets filled with thousands of coins which might never go above x3 in years. I believe that investing in high valued coins like BTC and ETH pays a lot in the long term. Let us look at a sample investment of $5000 in BTC at $1200 and $5000 in ETH at $50 in March 2017 to date.
$5000 would have given you 4.17BTC against 100 ETH. Assuming you were selling today, 4.17BTC will give you $141,204 whiles 100ETH gives you $109,274. A very huge difference of $31,930 in favor of Bitcoin.
from this analysis, if not for coins which can easily go x30 plus, I will stick with the big ones.
Topic: People paying $1200 for 1 Ethereum are crazy... You only get rich buying CHEAP - page 4. (Read 2260 times)
January 05, 2021, 06:32:12 PM
January 05, 2021, 02:48:38 PM
I don't think that people are trying to make 20-30x with Ether as you did with TRON and others. I think people are viewing Ether as a safe heaven for altcoins.
If you want to make 20-30x, you should look after the new coins.
If you want to make 20-30x, you should look after the new coins.
January 05, 2021, 02:01:07 PM
What are these other coins you made 50x on?
Many. Most recent was AAVE, I bought when it was still ETHlend.
You will also lose some buying cheap coins but you will NEVER even get x20 on ETH not even x3. And even if x3 in that time many many other coins will be x10 and more.
But its riskier compared to ETH. I mean altcoin is only good for short term investments ,once you earn enough you should leave it or else you will lose your profit for trusting too much in a project. even ETH decrease its value more than 90% so what else from other altcoins? This is only good if you bought it cheaper but if not always take profit and do not fall in love with a coins hoping to become the same as other altcoins .
January 05, 2021, 11:37:52 AM
This is not a crazy bet who are buying Ethereum now even at $1000 or $1200 because this coin is also like Bitcoin which will definitely grow with the synchronization of Bitcoin. Look at the date back in the previous year when ETH price touched its lowest to $150. If you were bought in this level now which is less than a year you must have accrued 8x times of value. I don't say that cheap coins are not legit but you should evaluate them before buying this coin.
January 05, 2021, 04:23:14 AM
What are these other coins you made 50x on?
Many. Most recent was AAVE, I bought when it was still ETHlend.
You will also lose some buying cheap coins but you will NEVER even get x20 on ETH not even x3. And even if x3 in that time many many other coins will be x10 and more.
January 04, 2021, 11:15:07 PM
What are these other coins you made 50x on?
Many. Most recent was AAVE, I bought when it was still ETHlend.
You will also lose some buying cheap coins but you will NEVER even get x20 on ETH not even x3. And even if x3 in that time many many other coins will be x10 and more.
January 04, 2021, 10:57:03 PM
So I want to bring this old topic up, remember when ETH was $1200 and Bitcoin was $15000? Now Bitcoin is $32000 and ETH is only $1000.
Meanwhile I have made x50 and more on some smaller coins. ETH was good when you bought it for $10. Now you need small projects for massive gains. Something will replace ETH and it still isnt even decided if dApps ever will be a huge market anyways.
So something as Nano seems like a way better investment because it can easily go x20 from just a few on Wallstreet seeing its potential.
Meanwhile I have made x50 and more on some smaller coins. ETH was good when you bought it for $10. Now you need small projects for massive gains. Something will replace ETH and it still isnt even decided if dApps ever will be a huge market anyways.
So something as Nano seems like a way better investment because it can easily go x20 from just a few on Wallstreet seeing its potential.
What are these other coins you made 50x on?
January 04, 2021, 10:50:05 PM
So I want to bring this old topic up, remember when ETH was $1200 and Bitcoin was $15000? Now Bitcoin is $32000 and ETH is only $1000.
Meanwhile I have made x50 and more on some smaller coins. ETH was good when you bought it for $10. Now you need small projects for massive gains. Something will replace ETH and it still isnt even decided if dApps ever will be a huge market anyways.
So something as Nano seems like a way better investment because it can easily go x20 from just a few on Wallstreet seeing its potential.
Meanwhile I have made x50 and more on some smaller coins. ETH was good when you bought it for $10. Now you need small projects for massive gains. Something will replace ETH and it still isnt even decided if dApps ever will be a huge market anyways.
So something as Nano seems like a way better investment because it can easily go x20 from just a few on Wallstreet seeing its potential.
September 13, 2018, 03:56:43 PM
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.
Neo is good but the main disadvantage is that it is very centralized. But on another side, there is a big advantage for NEO holders: Hold NEO, Get GAS for free! September 13, 2018, 03:38:12 PM
I think eth reached the bottom yesterday and now we are right on track for the reversal, i hope people who bought expensive eth in january will break even soon as strong bulls are expected to remain in the market now.
You still probably wont get rich from ETH because for the 100.000s of people who got ETH for under $10 its still payday every day.
There is some good projects that are really cheap now, I dont know why you would waste your time with ETH. Look for the next eth! So you can be one of those giant bag holders then.
September 13, 2018, 03:12:22 PM
I think eth reached the bottom yesterday and now we are right on track for the reversal, i hope people who bought expensive eth in january will break even soon as strong bulls are expected to remain in the market now.
September 13, 2018, 02:48:21 PM
I'm sure that this is a real price for the Ethereum. But we will wait for a long time before this happens.
September 12, 2018, 12:32:46 AM
Yea 1200$ at January was really crazy price, now Eth costs 180$ and nobody purchase it, what's unpridictable crypto world))
September 12, 2018, 12:07:18 AM
and now is only 200$, but here is nothing bad, market will recover soon September 11, 2018, 11:42:42 PM
and now is only 200$, but here is nothing bad, market will recover soonThis market currently gives you the great option to buy coins that are extremely undervalued. I dont think ETH is one of them.
September 09, 2018, 03:51:53 PM
and now is only 200$, but here is nothing bad, market will recover soon September 09, 2018, 03:49:29 PM
If people would of only listened then they would be buying 3 times cheaper over the last couple of months
we live in brainwashed times where people only read what makes them feel good, even when its a lie.
July 28, 2018, 07:50:53 PM
For me I don't normally buy coins when the price is already jumping high, I normally buy coins when the price is in the dip and everyone is afraid to buy, and i think now is another time for people who are risky takers to buy some eth and hold for it to go up to 1k plus again.
July 24, 2018, 05:05:09 AM
No crazy, Ethereum $1,200 is normal, and the future price of Ethereum is definitely over $2,000. You are too worried that you need a long-term vision.
July 23, 2018, 11:32:40 AM
Well this post aged pretty well, ETH is just around 400 dollars now!
ETH will always be necessary for several things, so don't worry too much. Look at ETH as the gateway into new projects.
If you've got extra eth laying around i would absolutely look into some awesome ICOs like these.
OPP Open Wifi is a community-driven service with the sole purpose of creating a global, free to access open WiFi hotspot network and rewarding each contributor for being a part of their cause.
Daostack IO powers decentralized companies, funds and markets to make fast and innovative decisions at scale. Basically an operating system for collective intelligence.
Deedcoin is a cryptocurrency that will simplify real estate. Deedcoin customers use DEED to decide what to pay in commission costs when purchasing or selling a home, lowering the traditional 6% fee to 1%.
ETH will always be necessary for several things, so don't worry too much. Look at ETH as the gateway into new projects.
If you've got extra eth laying around i would absolutely look into some awesome ICOs like these.
OPP Open Wifi is a community-driven service with the sole purpose of creating a global, free to access open WiFi hotspot network and rewarding each contributor for being a part of their cause.
Daostack IO powers decentralized companies, funds and markets to make fast and innovative decisions at scale. Basically an operating system for collective intelligence.
Deedcoin is a cryptocurrency that will simplify real estate. Deedcoin customers use DEED to decide what to pay in commission costs when purchasing or selling a home, lowering the traditional 6% fee to 1%.
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