Will you buy more ETH after reading this ? - page 2.

ultrloa

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Quote from: sulendra12 on December 23, 2022, 01:06:59 PM

Definitely when people invested on ATH then that's why more bad mindset about ETH occurs and it's really difficult for ETH to back to at its ATH after several bad event happen in 2022. Hopefully things are going back in 2023 next year if no bad stuff happens at later date. I would buy more ETH if the condition "meets" my criteria so I can invest it with money that I can afford to lose. Nothing to shame about that.

Well its a bad investment if you only put it on one place like putting it only on eth. And I don't like to buy it more either since ideally would like to split it up on different one since we could earn up more with that once the effect of bull run will happen.

There are chances that this 2023 wen can get things back to its past price level but its just a chance so we should invest only the amount we can afford to lose on this so that we will not go depressed if our expectation will not meet.

swogerino

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I stopped supporting ETH and not going to buy any amount no matter how small of it since the moment it went to PoS from PoW which was from mineable to non mineable.What I agree in the first post of this thread is that ETH was once 1.01 and right now we have two alternatives that are battling to get ETH place,ETHW a project by some anonymous miners and ETF-EthereumFair another project claiming to go and make use of the old ETH chain and also to keep being mineable.

That is what I do now since I missed the boat in 2016 when ETH was really low in price and easy to mine,I am mining these two coins now and hope for a similar future in price to the original ETH,I know I am going to be a rich man if history repeats itself with these coins.

MinoRaiola

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Having ETH is good, but I wouldn't buy more. Using it to make an investment, yes, I have done that many times and I'm sure it will be accepted more often by many projects in the future. Or also for the Training Paris ***/ETH on exchanges. The increase of ETH's from 2015 to now look so good, but so do many other coins.

sulendra12

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Definitely when people invested on ATH then that's why more bad mindset about ETH occurs and it's really difficult for ETH to back to at its ATH after several bad event happen in 2022. Hopefully things are going back in 2023 next year if no bad stuff happens at later date. I would buy more ETH if the condition "meets" my criteria so I can invest it with money that I can afford to lose. Nothing to shame about that.

lixer

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Quote from: el kaka22 on December 23, 2022, 11:06:43 AM

I have to say ETH has not changed as much as I would like it to change, I know that OP made it clear that if you invested long time ago then you would have made a good amount of profit, specially considering the top price you could have sold a year ago, but the reality is that we have seen a lot of coins that went up a lot more during the same period.

The only downside it has is the fact that most of the money went to miners, and not enough went to traders. It is second ranked so we all know how big it is, but how did it grow so much while still being outpaced by other coins that went up even more in percentage? That is mainly the miners issue, and glad we are at staking stage now because of it.

To what coins you are referring to that pumped a lot in terms of percentage? Shitcoins and meme coins? I think that's because they are lighter or newer than ETH but the risk on them is also huge. Those who earn big are lucky while the rest that pick up a wrong coin are also losing big time.

The fees in ETH last time are so expensive but I think most that are affected are the people who actively trade erc20 based coins or tokens while if you are only a hodler and have only sold one time in the bull run then the fees are not really a big deal since your earning are also good enough. Maybe that is also the reason on why ETH have move to proof of stake.

el kaka22

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I have to say ETH has not changed as much as I would like it to change, I know that OP made it clear that if you invested long time ago then you would have made a good amount of profit, specially considering the top price you could have sold a year ago, but the reality is that we have seen a lot of coins that went up a lot more during the same period.

The only downside it has is the fact that most of the money went to miners, and not enough went to traders. It is second ranked so we all know how big it is, but how did it grow so much while still being outpaced by other coins that went up even more in percentage? That is mainly the miners issue, and glad we are at staking stage now because of it.

Bananington

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Quote from: krishnaverma on December 15, 2022, 06:34:53 AM

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I am not saying ETH is not good, but if I was moved to buy coins after every single thing I read about it, I would have bought so many coins by now that I would have been regretting. If you must invest in a coin, buy it because of real research that you have invested time in doing, not just one positive prediction about it that you heard or read. You should very much avoid buying coins with emotions, It is not advisable because emotions are sometimes temporary and can fail you.

zasad@

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https://www.cryptoglobe.com/latest/2022/12/bloomberg-strategist-expects-ethereum-to-resume-outperforming-bitcoin-in-2023/
Bloomberg Strategist Expects Ethereum to Resume Outperforming Bitcoin in 2023

https://twitter.com/mikemcglone11/status/1605247118620430341?
"Bitcoin crosses series; Ethereum may be top candidate to continue outperforming the first born crypto -
#Ethereum's advances vs. #Bitcoin have been unshaken by 2022 deflation in most risk assets and may be gaining underpinnings."

lalabotax

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Honestly, Ethereum becomes one of my favorite altcoins that I must have. Although this is also risky, I will still put few of my money here besides Bitcoin. Bitcoin of course becomes my first target to add more for the investment long term. But, ETH is also one altcoin that I trust, although not 100% because everything may happen in the future. I believe that Ethereum still has a big chance to rise up again and pass the ATH again next in the bullish era. I really expect for the condition, Hopefully, no big problems will be in Ethereum, and becomes like Luna a or FTX.

serjent05

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Quote from: Blawpaw on December 15, 2022, 01:29:48 PM

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I also abandoned the idea of investing in ETH way back years ago when its gas fee surged. Now that it implements POS, I don't regret my decision way back then and still won invest in ETH. I would rather invest my money in new projects that have potential than invest in this one. At least with new potential projects it is easier to get 10x to 100x profit if we get in and exit at the right time.

Ziskinberg

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Well, thank you for sharing this OP so newbies could eventually see the journey of this project since its creation until it gains some attention and community support.

Perhaps, I was buying already ETH until today because I see how tremendous and was growing.
Maybe some people never see its importance due to its high transaction fee compared to other coins but generally, it is one of the most famous coins in the market due to its function in blockchain technology.

len01

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whatever happens and under any circumstances I always put a small amount of my money in ethereum.
although I only fully believe in bitcoin, but I consider ethereum to be the queen of bitcoin and for me ethereum deserves to be my second place of investment.
maybe some people have different thoughts on ethereum after leaving POW but I still remain loyal to my two coins namely bitcoin and ethereum.
Another reason I still trust ethereum is because ethereum is still the king of all altcoins whose price is still dependent on bitcoin. so every time bitcoin goes up in price, ethereum will also go up following bitcoin.
to me something that happened to ethereum in the past is just a story that won't affect anything in the future. so i would never hesitate to put a few dollars in ethereum.

cabron

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Quote from: Silberman on December 22, 2022, 03:02:16 PM

Quote from: Cling18 on December 22, 2022, 02:40:17 PM

Ethereum as for me is still good for long-term investment. I would prefer buying it and holding it because as we could see, it has shown good potential through the years. Even if it's not the bottom price, the current value is still good to buy because we'll still gain a promising profit when the market recovers again. Despite the issues about ETH, I believe that it's still a profitable coin.

While it is undeniable that ethereum has shown a very good performance over the years this was when it was still a POW coin, now that it has made its transition to POS we do not know how it may react, maybe the majority of the community will not care and ethereum will remain as one of the top coins in the market, but there is a real possibly this could be the beginning of a slow drop for ethereum away from those positions, so you need to be aware of this possibility so it does not surprise you if it comes to happen.

This is true. We may never know what will happen next because of this POS update. So far SEC hasn't yet done something because they also see they couldn't stop crypto even if they could come up with a regulation.

The POS however can be a factor that might hold its price down because the validators can just dump whatever they get every time. This will result in ETH being the same as EOS or Cardano.

BIT-BENDER

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There are some coins you would buy even if it means going against history and Ethereum is one of those coins. I am not a fan or a holder of any Altcoin.

I think Ethereum is one of the Altcoin I can throw my support for it’s been next to Bitcoin and apart from it having high gas fee on it network it’s a top coin and many other network are built by mimicking Ethereum network.

Silberman

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Quote from: Cling18 on December 22, 2022, 02:40:17 PM

Ethereum as for me is still good for long-term investment. I would prefer buying it and holding it because as we could see, it has shown good potential through the years. Even if it's not the bottom price, the current value is still good to buy because we'll still gain a promising profit when the market recovers again. Despite the issues about ETH, I believe that it's still a profitable coin.

While it is undeniable that ethereum has shown a very good performance over the years this was when it was still a POW coin, now that it has made its transition to POS we do not know how it may react, maybe the majority of the community will not care and ethereum will remain as one of the top coins in the market, but there is a real possibly this could be the beginning of a slow drop for ethereum away from those positions, so you need to be aware of this possibility so it does not surprise you if it comes to happen.

Cling18

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Ethereum as for me is still good for long-term investment. I would prefer buying it and holding it because as we could see, it has shown good potential through the years. Even if it's not the bottom price, the current value is still good to buy because we'll still gain a promising profit when the market recovers again. Despite the issues about ETH, I believe that it's still a profitable coin.

zasad@

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If the $480-$750 price range is a possible bottom, what price will the next hype be?
In the long term, investing is not a mistake even now, but waiting for 100x on this coin is pointless. But this ecosystem is already used by thousands of companies and it works without failures.

MFahad

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From a cycle time frame we should have atleast seen the bottom by now (880) from historical cycle price bottom should be between (480-750) there's also a lot of exterior global economics that can bring us down there, but we've been holding strong about 1k. Gotta make a plan for yourself, I'm comfortable investing here and will DCA with disposable income as low as we go, even if it's 250.

gunhell16

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From my point of view and belief, it seems difficult to trust Ethereum now, since it was merged a lot has changed, and I don't think it helped ETH in my opinion.

Because it used to be POW, but when there was a merger from POW and it became POS, many investors had doubts about this matter, as if what happened in the community here in cryptocurrency is from decentralized to centralized this. Where other investors are hesitant, this is the truth. maybe I will invest the right amount, not too big or too small.

vanesha

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This proves that Ethereum's fundamentals are very strong because for several years it even remains in its top place among others. Unfortunately now ethereum's growth is not as fast as it is because now ethereum is already the second highest after bitcoin.

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