Topic: Will you buy more ETH after reading this ? - page 3. (Read 483 times)
The thing I realized is that the longer the crypto in the market the price is also higher and the harder it is to grow. Therefore, ethereum is very difficult to develop in the future because of the high competition and high prices.
You are using a ponzi analysis when you analyze the data gathered for Ethereum price. Ofc Ethereum pump is not unlimited while the current price is already pump huge percentage why the need to invest now if you knew that the coin is already overvalued?
This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
The same can be said about bitcoin, when everyone thinks it will pump up forever. Right now ETH is confidently in the second place by capitalization, but in the future it can become the first, because it has much more features than other cryptocurrencies. Although I don't believe yet that it will replace Bitcoin, I don't exclude that ETH will become more popular because of smart contracts and more implementation not only in business, but also in government system.This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
I will still buy more ETH but now, I am waiting for the next entry to enter the market.
With the bitcoin position now, it is hard to predict the altcoin, including ETH, so I need more patience.
ETH moves depend on bitcoin so I should check where bitcoin prices move and after bitcoin gets another correction, that will be a good time to buy more ETH.
ETH can go lower than the price now, especially when BTC is down more.
With the bitcoin position now, it is hard to predict the altcoin, including ETH, so I need more patience.
ETH moves depend on bitcoin so I should check where bitcoin prices move and after bitcoin gets another correction, that will be a good time to buy more ETH.
ETH can go lower than the price now, especially when BTC is down more.
You are using a ponzi analysis when you analyze the data gathered for Ethereum price. Ofc Ethereum pump is not unlimited while the current price is already pump huge percentage why the need to invest now if you knew that the coin is already overvalued?
This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
The same can be said about bitcoin, when everyone thinks it will pump up forever. Right now ETH is confidently in the second place by capitalization, but in the future it can become the first, because it has much more features than other cryptocurrencies. Although I don't believe yet that it will replace Bitcoin, I don't exclude that ETH will become more popular because of smart contracts and more implementation not only in business, but also in government system. This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
Well, we know how good is the trend of ETH, it always comes to follow the flow of Bitcoin and it grows continuously. Every bull season the price is also in a huge rally making people who invest in this coin certainly never get disappointed. If we are not buying during this time, we ended up having regrets in the future.
As the 2nd place of the entire crypto market, we can't simply ignore and reject it.
I have had Bitcoin and ETH held in my wallet for many years and I see a huge change in my portfolio during the bear season but never I think about it because it always recovers first during the bull market.
As the 2nd place of the entire crypto market, we can't simply ignore and reject it.
I have had Bitcoin and ETH held in my wallet for many years and I see a huge change in my portfolio during the bear season but never I think about it because it always recovers first during the bull market.
In crypto market, past trends has no value or relationship with the future. Take bitcoin for example. Usually the pioneering cryptos enjoy a decent upward trend and the traders are usually ride through that. So I won't use such kind of statistics to buy ETH. However, I will buy ETH because it is a pioneer in smart contract functionality.
Price trend is not really a great indicator in the crypto market to take up investment decision. Rather we will have to look into the demand and trading volumes in various exchanges.
Price trend is not really a great indicator in the crypto market to take up investment decision. Rather we will have to look into the demand and trading volumes in various exchanges.
No, I won't. Because I don't have much money and I still need to buy presents for my friends and family. And I think it will be closer to $1K soon, I hope I'll buy it in the next month then.
This is very useful information. ETH is one of only a small amount of alt coins that I still hodl in my portfolio. I am not as Bullish on this coin as I use to be but I do still want to believe in its use and that when the "Bear Market" ends there will be investors collecting bags of it.
Ethereum is still second for marketcap with 148 billion dollars. I am confident in the ethereum blockchain and will continue to buy more coins for this cheap price to hope I recover my many losses.
Ethereum is still second for marketcap with 148 billion dollars. I am confident in the ethereum blockchain and will continue to buy more coins for this cheap price to hope I recover my many losses.
History doesn't need to repeat itself, but it's one of the main things we use to seek patterns in charts. However tokenomics of ETH have changed radically so those charts don't really apply.
Only thing we can count on is that people will keep building on ETH 2.0 and it will be used a lot. But game theory of fees vs incentives needs to be tested for a while so we can see what's the price that stakers are willing to sell with. But low cost in fees in the future probably decreases prices as people don't need it as much for fees to use smart contracts. transactions etc.
Only thing we can count on is that people will keep building on ETH 2.0 and it will be used a lot. But game theory of fees vs incentives needs to be tested for a while so we can see what's the price that stakers are willing to sell with. But low cost in fees in the future probably decreases prices as people don't need it as much for fees to use smart contracts. transactions etc.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
"Past performance is no guarantee of future results."
The fact that you would be a millionaire by investing in ETH 7 years ago does not mean that you will be a millionaire after 7 years from today by investing now. Its possible that the best gains are already behind us. Its possible that we will shuffle between 500$ and 4000$ for another decade until recession is over. Nothing is certain, there are only propabilities. And past performance is not the best indicator.
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I will buy and hold ethereum as long as I can spend my coins decentralized. Ethereum has many shortcomings, but the project has a good lobby in the US, Europe and other countries. CBDC and many serious projects are being launched in this ecosystem, so I don’t believe that this ecosystem can fail, unlike Solana. 
Ethereum is now the backbone of the Cryptocurrencies sector, although it has a lot of haters, it proved itself as the best project next to Bitcoin with 20% of the total Crypto marketcap without considering many big projects that run on top of it, as well as It was one of the highest performance assets in the last cycle. ETH has recently gone under big change which will make it deflationary asset, so the more it's used the more scarce it will be. For me, I hold ETH and will continue to add more as I believe in the future of this project and believe the current price drop is normal in Crypto.
I was going to buy ETH even without it, I'm just waiting for the right time. But this post makes me even more bullish. Zooming out really helps!
I doubt eth would "die" but no reason it should be worth what it is either. Crypto is a volatile investment, everyone knows the risks going in, nobody complains when the price skyrockets upwards... If anything kills ethereum it will be the fact that it was 80% pre-mined
Considering that we are still in the bear market, I think it is good to buy Ethereum. Though Ethereum have moved from POW to POS, but by virtue of being second in the CMC list as well as many DeFi/smart contracts, I think Ethereum value will rather go up more once the bull market comes up. I still consider Ethereum as a strong investment in the crypto space. With low gas fees, I expect more players in the Ethereum blockchain space, which will also drive up the price in the near future.
I still hold some and think that I may have to hold more but I have to make ends meet before buying it. If I have a spare, I'll definitely buy Ethereum in a heartbeat.
I'm not an investor, it's just that I prioritize being consistent in buying ETH in any amount for investment if one day the market experiences a bullish ETH also rises to a new level.
But in my opinion, ETH is the most potential cryptocurrency asset to be utilized in storage compared to holding other atlcoin crypto assets.
It's because ETH is the 2nd ranked crypto in the market that's why it's the one that's the most in terms of potential. But we don't know if it will be replaced soon when the other altcoins from ranked 2-10 have been replaced. But in my opinion, ETH is the most potential cryptocurrency asset to be utilized in storage compared to holding other atlcoin crypto assets.
Historic Price of ETH on 12/14
Today's Price: $1,307
1 year ago: $4,018
2 years ago: $589
3 years ago: $143
4 years ago: $84
5 years ago: $684
6 years ago: $7.83
7 years ago: $1.01
Amounts of money made from investments of $1,000 at various points in time (12/14):
-$677 (one year ago)
$1,233 (two years ago)
$8,152 (three years ago)
$14,571 (four years ago)
$911 (five years ago)
$166,174 (six years ago)
$12,921,119 (seven years ago)
Percentage changes in price for investments made at various points in time (12/14):
-67.7% (one year ago)
123.3% (two years ago)
815.2% (three years ago)
1457.1% (four years ago)
91.1% (five years ago)
16,617.4% (six years ago)
129,211.9% (seven years ago)
*The only year you would have lost money on ETH is if you bought it on 12/14/2021*
Note: The data above is taken from reddit.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
I'm not an investor, it's just that I prioritize being consistent in buying ETH in any amount for investment if one day the market experiences a bullish ETH also rises to a new level.Today's Price: $1,307
1 year ago: $4,018
2 years ago: $589
3 years ago: $143
4 years ago: $84
5 years ago: $684
6 years ago: $7.83
7 years ago: $1.01
Amounts of money made from investments of $1,000 at various points in time (12/14):
-$677 (one year ago)
$1,233 (two years ago)
$8,152 (three years ago)
$14,571 (four years ago)
$911 (five years ago)
$166,174 (six years ago)
$12,921,119 (seven years ago)
Percentage changes in price for investments made at various points in time (12/14):
-67.7% (one year ago)
123.3% (two years ago)
815.2% (three years ago)
1457.1% (four years ago)
91.1% (five years ago)
16,617.4% (six years ago)
129,211.9% (seven years ago)
*The only year you would have lost money on ETH is if you bought it on 12/14/2021*
Note: The data above is taken from reddit.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
But in my opinion, ETH is the most potential cryptocurrency asset to be utilized in storage compared to holding other atlcoin crypto assets.
You are using a ponzi analysis when you analyze the data gathered for Ethereum price. Ofc Ethereum pump is not unlimited while the current price is already pump huge percentage why the need to invest now if you knew that the coin is already overvalued?
'coz no one knows when will a market value would reach its peak. The market price is determined by demand alone so how come it would have a limit? Overvalued? Nothing's over valued as long as there's a demand on it. Also, there's no such thing as 'right' prices for anything in the market controlled by the demand, in any industry not only in cryptocurrency.
You are using a ponzi analysis when you analyze the data gathered for Ethereum price. Ofc Ethereum pump is not unlimited while the current price is already pump huge percentage why the need to invest now if you knew that the coin is already overvalued?
This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
This is the common mistake by newbie assuming the pump will continue despite the price is already discovered compared to the early year. Institutional investors is already in so where will the fresh money will come from?
Historic Price of ETH on 12/14
Today's Price: $1,307
1 year ago: $4,018
2 years ago: $589
3 years ago: $143
4 years ago: $84
5 years ago: $684
6 years ago: $7.83
7 years ago: $1.01
Amounts of money made from investments of $1,000 at various points in time (12/14):
-$677 (one year ago)
$1,233 (two years ago)
$8,152 (three years ago)
$14,571 (four years ago)
$911 (five years ago)
$166,174 (six years ago)
$12,921,119 (seven years ago)
Percentage changes in price for investments made at various points in time (12/14):
-67.7% (one year ago)
123.3% (two years ago)
815.2% (three years ago)
1457.1% (four years ago)
91.1% (five years ago)
16,617.4% (six years ago)
129,211.9% (seven years ago)
*The only year you would have lost money on ETH is if you bought it on 12/14/2021*
Note: The data above is taken from reddit.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
I'm not an investor, it's just that I prioritize being consistent in buying ETH in any amount for investment if one day the market experiences a bullish ETH also rises to a new level.Today's Price: $1,307
1 year ago: $4,018
2 years ago: $589
3 years ago: $143
4 years ago: $84
5 years ago: $684
6 years ago: $7.83
7 years ago: $1.01
Amounts of money made from investments of $1,000 at various points in time (12/14):
-$677 (one year ago)
$1,233 (two years ago)
$8,152 (three years ago)
$14,571 (four years ago)
$911 (five years ago)
$166,174 (six years ago)
$12,921,119 (seven years ago)
Percentage changes in price for investments made at various points in time (12/14):
-67.7% (one year ago)
123.3% (two years ago)
815.2% (three years ago)
1457.1% (four years ago)
91.1% (five years ago)
16,617.4% (six years ago)
129,211.9% (seven years ago)
*The only year you would have lost money on ETH is if you bought it on 12/14/2021*
Note: The data above is taken from reddit.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
But in my opinion, ETH is the most potential cryptocurrency asset to be utilized in storage compared to holding other atlcoin crypto assets.
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.
"Past performance is no guarantee of future results."
The fact that you would be a millionaire by investing in ETH 7 years ago does not mean that you will be a millionaire after 7 years from today by investing now. Its possible that the best gains are already behind us. Its possible that we will shuffle between 500$ and 4000$ for another decade until recession is over. Nothing is certain, there are only propabilities. And past performance is not the best indicator.
This is also true for bitcoin and not just altcoins, since there is no way to predict what will happen in the future. But if you want to predict the future, then look to the past because without the past, there would be no future.
In addition to relying on the past to evaluate a potential coin, we can also see what it is doing for the present and present, ethereum is also doing an excellent job. It is still the most interesting and potential altcoin after bitcoin, Bitcoin is the most worthy coin to invest in, then ETH will be in 2nd place.
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