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Topic: What looks like a bad investment but it is Not (Read 535 times)

full member
Activity: 134
Merit: 100
December 03, 2020, 01:00:35 PM
#48
I think a good investment is one that makes a profit,we don't have the ability to make accurate predictions,so we can not sell at the top point,with good luck might be we could one or twice sell at the top point,but that just luck.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
You have only two options, one of them is to keep holding. On long run currencies like ethereum and bitcoin must show good results.  Your situation is similar to those people who bought bitcoin at 19,000$ or 20,000$ and are holding by now expecting the price increase, so they can finally recover their investment after some years.
Crypto currency is a good investment since you can wait for a long time and of course, since you pick the most reputable currencies of the market.

The second option would be to invest your eth in a trustful platform to receive passive income from it. The returns probably won't be high, but at least it's already something while you let your money idle.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

You don't need to worry, I suggest you better still hold for Ethereum that you have, because I see 2020 is a good year to invest in cryptocurrency (market cap is increasing very high from last year), so I'm sure the price of Ethereum will definitely continue to increase and of course this will give you profit by investing in Ethereum, then my advice is that you better hold your Ethereum until the price increases (according to my predictions by the end of 2020, it is possible for the price of Ethereum to increase by over $700).
full member
Activity: 1258
Merit: 104
Don't worry, I also just bought Ethereum at $ 550 and $ 600. Only growth awaits him soon, and there are many prerequisites for this. Considering Ethereum 2.0 as well, I predict its price of $ 1,000 by the end of December.
Your courage deserves a lot of thumbs up, you really dare to take risks for the sake of profit, indeed now many people are considering Ethereum 2.0 because this is a good step for Ethereum, but I hope you don't get complacent because of this, always be aware of risk even though it's at the end of the year.
member
Activity: 392
Merit: 10
the market is now on the rise and only on this basis it can be argued that you made a good purchase. Ethereum has a great future and sooner or later the price will reach your current expectations and if you are still ready to wait, then you will definitely earn Wink
sr. member
Activity: 938
Merit: 251
Ethereum and Bitcoin are such a great investment, it might not be the best if you put all your funds in it since the volatility might scare you, but overall it's a strong investment for a long-term cause eventually it will rise. Popular Crypto is a great investment this year as we can see on the price changes.
member
Activity: 378
Merit: 10
Don't worry, I also just bought Ethereum at $ 550 and $ 600. Only growth awaits him soon, and there are many prerequisites for this. Considering Ethereum 2.0 as well, I predict its price of $ 1,000 by the end of December.
member
Activity: 356
Merit: 14
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Investing on a stable altcoin like Ethereum is somewhat low risk investment, compared to others. Few years back it went pass USD 1000 but later with the collapse in the market, it came down to USD 150 as well. Now with the new boom it can be expected to reach USD 1000 or more in next few months. Therefore, your investment on ETH will not be a in a vain.
legendary
Activity: 2758
Merit: 1228
You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice
I think the price of $580 is still very reasonable, you will not lose if you hold on because I am sure the price of $600 will be reach soon. Right now the market price is in a bullish period, so don't worry if you hold ETH at $580 because when Ethereum 2.0 is launched I believe the ETH price will exceed $600.

It already surpass the that figure so maybe there are more price pump coming since as you said ETH 2.0 is on hype right now and binance is also doing a eth 2.0 celebration which for sure adds the hype and create demand for ETH so maybe for now let's monitor the eth market and set on best position since maybe we can see a good pump with it these days.
hero member
Activity: 1177
Merit: 500
You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice
I think the price of $580 is still very reasonable, you will not lose if you hold on because I am sure the price of $600 will be reach soon. Right now the market price is in a bullish period, so don't worry if you hold ETH at $580 because when Ethereum 2.0 is launched I believe the ETH price will exceed $600.
member
Activity: 742
Merit: 16
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.
You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.
I think you haven't done anything wrong because ETH has already started recovering it and making momentum. As well still there is time reaming for ETH 2.0 launch, so without its launch, ETH has again crossed 600$ and now you could understand after the launch of ETH 2.0 it would grow more and that time you would get a good opportunity to make a profit.
Ethereum will be more than just $600, but you need to wait for that time because that will be a mystery that no one will know when it will happen.
I heard that the staking process has already begun, but I am not sure that maybe you can search for other news so that you can know more details.
With the price now, Ethereum will have a chance to break the highest price, and many of us want to see ethereum can hit more than the last ATH.
If he can buy ethereum at a low price, he can take his profit now, but maybe he can hold it for more because the price can increase again after this.
But he needs to analyze more to find what will happen to ethereum at the market, so he will know what he needs to do.
member
Activity: 588
Merit: 10
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.
I think you haven't done anything wrong because ETH has already started recovering it and making momentum. As well still there is time reaming for ETH 2.0 launch, so without its launch, ETH has again crossed 600$ and now you could understand after the launch of ETH 2.0 it would grow more and that time you would get a good opportunity to make a profit.
sr. member
Activity: 1414
Merit: 259
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You are already in profit now. A trader needs more patience to see a trade through without minding any emotions. This time almost all coins will make increase. Taking profit rightly is the most important.
true, traders should be able to control their emotions every time they trade in the market, many traders are trapped in greed for big profits until they end up experiencing big losses, if we are good at seeing opportunities you will certainly find it easy to get profit in doing an trading. currently eth and other altcoin prices are in a bullish trend so this is the right time for us to buy and do day trades.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
Like you have rightly said you will make your profit back but have to wait. I joined this forum 2017 and I was glad I did though the latter part of the year got me thinking but here we are 2020 and with the recent green light I was overwhelmed looked at the space of two years but I can tell you it worth the wait.
Many already left after 2017 pump and since it Continuous to dump after that, but those who are really particular in trading is definitely able to cope on the situation. It is also because of DeFi projects that many were back in tract again before the bullish season happen. We just need to wait and find ways to earn whenever there are dumps happening in the market.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.
Although the price of ETH is back and above the $ 580 level you bought, I would like to comment on your trading strategy.
At Spot Trading, you should have a long-term plan instead of acting like a margin trader. The price just dropped to 500 $ and you are complaining, which is a signal that you have a very vague plan on the price of ETH in the future.
So I think you should look at W1 or D1 chart and draw trendlines for easier identification and a better trading plan. Your mentality is fluctuating quite strongly at the moment, so learn to hold it back and be more consistent with your profit goals. Wink
jr. member
Activity: 78
Merit: 1
You are already in profit now. A trader needs more patience to see a trade through without minding any emotions. This time almost all coins will make increase. Taking profit rightly is the most important.
sr. member
Activity: 1526
Merit: 251
no problem its just correction before the price go up again, not only eth also btc and other alt coin has decrease in last 3 days.
but today its seem look bounce back and eth already reach 600$ again, btc its going 19000$ and try to reach new ATH, once its reached.
they will up even higher maybe around 22k$ to 25k$ for the early.
member
Activity: 532
Merit: 13
Like you have rightly said you will make your profit back but have to wait. I joined this forum 2017 and I was glad I did though the latter part of the year got me thinking but here we are 2020 and with the recent green light I was overwhelmed looked at the space of two years but I can tell you it worth the wait.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

ETH already passed $600 once and now after falling back down to below $500 it has recovered halfway of the journey back to 2020 ATH.

I do feel in two worlds about ETH. I bought it a bit late around $400 so I am in profit now and I am confident it will go back to $1000 at some point, but I was actually a converted buyer. Avoided it all the way until 2018/19 when I finally saw that ETH was not as bad as it used to be.

Definitely for me, seemed like a bad investment at the time. But you have to hand it to them. They have done a lot for themselves now and have proven their utility.
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