Topic: What is your view and your opinion about Ethereum? - page 3. (Read 1438 times)

There are many users and investors of ethereum. So Until investors and people use/believe in this project no one can take its position of top altcoin and 2nd in overall MC after BTC spot. Till now it has also proven and retaining its top spot form very long time. So I think it is good for long term investment too providing almost risk less investment opportunity.

I think Ethereum is one of the top altcoins that has proven to be the first position after Bitcoin, Ethereum is very popular in the crypto space as well as its extensive network of exchanges. Now that Ethereum has risen to a price of $62,000, it is very likely that it will reach a new ATH at this halving. I myself really like this altcoin, the trading cycle is very convincing in the long term.

What they say is well-founded, based on previous cycles, Ethereum's profitability is clearly superior more than Bitcoin. If you are only interested in increasing the amount of Bitcoin, you can trade the ETH/BTC pair. When the price of Bitcoin increases to a certain level, it will almost create a bottom in the ETH/BTC pair, then you can use your Bitcoin to buy Ethereum and take profits out to Bitcoin when the ETH/BTC pair shows signs of peaking. This way you can optimize the amount of Bitcoin during a growth cycle.

As for Ethereum's potential, we don't need to discuss much anymore. If it didn't have potential, big funds wouldn't be racing to issue the ETH ETF and soon there may be results about whether it will be approved or not. In my opinion, sooner or later the ETH ETF will be approved and this will be the trigger for ETH to truly outperform Bitcoin in a growth cycle.

Among Altcoins, Ethereum is the most reliable and has the highest market cap. In future it may be added to ETFs of more countries which is positive and increasing its demand but the fee of lanes is relatively high. I think ETH is the best among affordable trusted cryptos.

For the price of ATH, of course, it is not the same as BTC and if we invest ETH long-term although long it will also reach 20% of the current BTC price. My outlook for ETH is a good investment. I'm also following the development of their ETFs as well at the moment and hopefully the new ATH will always be present with ETH.

I think you are right that ethereum the most popular and it is rank #2 in all crypto coin and it is already proven that holding this type of coin is profitable,if we are going to compare eth to btc there is a possibility that we will earn big profit in holding eth but compared to btc i will still choose btc for long term holdings or invest on both coin to gain double profit.

I think ETH with its flexible technology and being able to run smart contracts and support dApps is very likely to be prioritized by investors in the future, especially altcoins.

Related to this problem, if you have found a bright spot, surely the level of doubt that was previously born will decrease and increase the tension and enthusiasm of investors again, why do they not want their money to be wasted and lose.

You won't find anyone who will talk negative about ether investment. Because eth is best among rest of altcoins and become trusted for years.so you can feel free to go with it. Nowadays eth makes itself advance than before and keep continue its development. Although some altcoins like solana nowadays become getting highlighted after bnb, but still eth popularity remain same. And hope it'll Increase more in upcoming bull run. So booked your eth as much as possible

Since it is the second and most-ranked cryptocurrency in the space. It is a good choice of investment so if an investor cannot afford to buy a whole of bitcoin he can invest in Ethereum and get a whole lot of Ethereum in his portfolio. At least it is affordable for now and if we DCA for a year anyone could get one Ethereum or more.

Also, based on the information that has been trending after the Bitcoin ETF approval, it was speculated that ETH would be the next cryptocurrency for the ETF to be approved soon.

Ethereum is a leading blockchain platform known for smart contracts and decentralized applications (dApps). It introduced smart contracts, supports various industries with dApps, has its cryptocurrency (Ether), and is undergoing upgrades like Ethereum 2.0 for scalability. Ethereum is significant in DeFi and NFTs, driving innovation in the crypto space.

Ethereum is second only to Bitcoin,in the crypto ranking and it's the number one altcoin in the market, a spot that it's still mentaining since I entered the crypto space, and if it's dev. team are up to the task, then they'll remain at the top of the altcoins ranking. Although Solana, is fast becoming everybody's favorite because of it's network, speed and cheaper transaction fees, while according to the last report that I heard about Ethereum gas fees, it's still favorable only to the big movers. Only Bitcoin is in it's own class, any altcoin can step up to Ethereum in this bull run.

The only downside is the increasing centralization on the ETH network. We can blame PoS for this. It may be the second-largest crypto by market cap, but that doesn't mean it's the best decentralized Bitcoin alternative. In fact, chains like Litecoin and Ethereum Classic are much more decentralized than Ethereum. I sure hope Vitalik Buterin fixes ETH before it's too late.

Why do we want "Wall Street" to take over ETH when they will centralize it? Right now, big exchanges and whales are able to influence the future direction of the project with their stake. That's why Bitcoin will never become a PoS "shitcoin". Who knows what will be of ETH in the future?

As also in the various rankings, for me Ethereum is the second favorite after bitcoin. Why? because it is very versatile it has the possibility of making solid smart contracts it has a lot of tokens and offers various earning possibilities such as making liquidity available on defi and the new POS system as well as the addition of new ETFs i believe that in the future its value can only grow, certainly not as fast as the btc

For once, Ethereum was one of the most decentralized cryptocurrencies after Bitcoin. But things have changed with the switch to PoS. I think Ethereum is now dominated by VCs, institutional investors, and companies alike. They hold a large stake in the network. ETH could make you profits if it keeps rising in price. But what use would that make if the network itself is centralized? Most people want to make money instead of focusing on what matters most. Only truly-decentralized crypto projects will stand the test of time.

I couldn't imagine what will happen with ETH after the hype ends (or worse, when Vitalik Buterin is no longer with us). At least, the code is open source. With forks like Ethereum Classic, and ETHW, we can still relive the good-old days of ETH. We can't predict the future, can we?

I agree with you and I intend to follow the same planned strategy for my risk management, I think that futures trading, as long as it's well applied, tends to bring much higher returns, I intend to start with Bitcoin and ETH and then if the capital flow flows to like altcoins (altseason).

But I have to admit that this strategy is not for everyone, especially for those who are emotional, as it is very risky to be liquidated in your positions on days of high volatility like we have had this week.

Based on people's division (not official) Ethereum is regarded as an altcoin, but I do not see anything Bitcoin does that Ethereum has not done or tried to do as well. Being the number one cryptocurrency has given Bitcoin enough power and relevance over it but I can beat my chest that Ethereum is a worthy rival always. As the competition among them continues, I see Ethereum hitting its ATH very soon. Bitcoin has almost reached its ATH and I know that it might hit it any moment from this month. Nonetheless, in the next 3 months or thereabouts, Ethereum will hit its ATH as well.

Regarding investment, for both Bitcoin and Ethereum in my opinion, at this time, I am more careful in my investment in them. Not that they will still not rise higher but I am being careful and trying to be smarter to make more money since their prices are heavy already. The investment in them will yield little income over time, and since it's because of the money I invest, I can do more with altcoins that can still move in multiples of their prices to earn more money income for me. Besides, Ethereum has even hit more than the value you quoted ($3,300), it has hit above $3,500 this week, and more is expected. I am enjoying the earnings of it and Bitcoin through futures trading and not through direct wallet investments due to the price consideration. This is the best way I believe anyone can maximize their earning in the top 2 cryptocurrencies this bullish season.

Yes that's right. Bitcoin remains the number one choice, but if we talk about altcoins then ETH would be the right choice. because ETH's high market capitalization is an indicator that ETH has strong fundamentals. This is what made me consider investing in it, there are many other altcoins but ETH is still the best.

Apart from that, because ETH is also the first best altcoin as a crypto and blockchain platform which makes ETH a favorite of several program developers. ETH is known to have potential applications such as smart contracts that execute automatically when conditions are met and tokens (NFTs). Currently the ETH price is also experiencing extraordinary fluctuations in value, I think a new ATH peak will occur this year.

Over the last two cycles, it is clear that Ethereum's growth performance has always been superior to that of Bitcoin. But one thing you should remember is that money always flows to Bitcoin first, then to Ethereum and Altcoins. Therefore, if you want to optimize profits, you can invest in Bitcoin first, then gradually transfer your position to Ethereum. This option is both safe and increases profits better because if it unfortunately falls into the adjustment period, Bitcoin will also decrease less than Ethereum. This year's cycle may be different as the Bitcoin ETF has been approved, but the ETH ETF has not yet, so it is possible that money will flow into ETH at an early stage, but in my personal prediction, this probability is quite low when the story of ETH ETF is unlikely to be approved this year.

Both are very worthy of being an investment option, if we consider Ethereum's expensive gas fee line, of course if the increase is more profitable I don't think it will be a significant problem. on the other hand, the increase in ethereum will usually be greater than bitcoin, and that is why many people usually choose ethereum after bitcoin in long-term investing, It will be different if we choose altcoins, even though they have bigger increases, but the risk level is also higher

i think the calculation here should be taken into account, with $3k you can get 1 ethereum or 0.049 BTC. If with that money you buy 1 whole ethereum if the price increases 30% it means you got 30% increase, easy $900 but what happen if bitcoin price increases 30% and you only own fraction of it which is 0.049 BTC? well you calculate it (0.049 / 1 BTC) * 30% is what you got as a profit which is the same $900
this means that having higher capital when investing in BTC don't really plays a big role here. you  get as much profit if our capitals just too low to buy a whole bitcoin meanwhile with altcoin it will be the same but I guess he's talking about the price fluctuation that usually over the top with altcoin, since many of altcoin as we have known for a long time can get up to. really high these days so maybe he's talking about ETH gains.
therefore I think it make sense if he said that with altcoin we might get more profit.