Reason why you hold Ethereum

[vegasus]

I think holding ethereum in my opinion has many advantages but also has a very high risk because the influence of the ethereum developer is a human who has presented himself to the public so that when he dies it will make the price of ethereum collapse instantly and it is very dangerous for ethereum holders.

The main reason for holding Ethereum should be the potential profits, right? What I know it is the reason for most people to hold Ethereum. They also choose Ethereum because it is a recommended coin for holding a long time. Ethereum has proven that it is a trusted altcoin for many years. There are many altcoins that already disappeared but Ethereum still existed and it continued to develop for the future.

[Tribalchief]

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The main reason for holding Ethereum should be the potential profits, right? What I know it is the reason for most people to hold Ethereum. They also choose Ethereum because it is a recommended coin for holding a long time. Ethereum has proven that it is a trusted altcoin for many years. There are many altcoins that already disappeared but Ethereum still existed and it continued to develop for the future.

Indeed, Ethereum happens to be one of the most dominant altcoin I have seen so far. Though, I will advice that we also put the transaction fee as a consideration while holding Ethereum for a very long time. As our Ethereum portfolio keeps growing, transaction fees also grow with it. The transfer of 5eth which happens to be a large transaction requires a good amount of gas fee, while the opposite happens for the lesser.

[Bobcrypto]

Actually, the second most demanding coins on the crypto market is ethereum,  and there are good reasons to hold Ethereum. it is designed to be scalable, programmable, secure, and decentralized. It is the blockchain of choice for developers and enterprises creating technology based upon it to change how many industries operate and how we go about our daily lives.

[Muneeb22]

ETH is a good coin and that coin Future is a good coin this coin goes high in the future so much, this time so many people will buy this coin and they hold their coins still because they know that the ETH coin future is very good and the price of this coin will touch soon $10,000 in 2024.

[therozaq]

ETH is a good coin and that coin Future is a good coin this coin goes high in the future so much, this time so many people will buy this coin and they hold their coins still because they know that the ETH coin future is very good and the price of this coin will touch soon $10,000 in 2024.

It's realistic, if you predict Ethereum price will touch $10,000 at 2024.
But I think It will happen at the beginning 2025.
Maybe at January or February 2025.
I have read several opinions at this forum that said Ethereum will touch 30K USD at the future.
Maybe it seems impossible.
I personally predicted Ethereum will reach about $ 7,000- 10,000. But If the market trend of crypto currency wil fantastic, I think Ethereum will hit more 10K USD.
That's just my prediction

[Fivestar4everMVP]

ETH is a good coin and that coin Future is a good coin this coin goes high in the future so much, this time so many people will buy this coin and they hold their coins still because they know that the ETH coin future is very good and the price of this coin will touch soon $10,000 in 2024.

It's realistic, if you predict Ethereum price will touch $10,000 at 2024.
But I think It will happen at the beginning 2025.
Maybe at January or February 2025.
I have read several opinions at this forum that said Ethereum will touch 30K USD at the future.
Maybe it seems impossible.
I personally predicted Ethereum will reach about $ 7,000- 10,000. But If the market trend of crypto currency wil fantastic, I think Ethereum will hit more 10K USD.
That's just my prediction

Ethereum is definitely one of the top cryptocurrencies to hold for next year's potential bull run, Ethereum holds the potential to perform as much as bitcoin, or even better in the coming bull run, most especially, if it gets a spot ETF same way bitcoin is getting.

Personally, I am believing that if ethereum also gets an ETF approval, the price may as well, go as much higher than $10,000, I am personally looking or expecting the price to go as high as $15,000 to $20,000, depending on how big the bull run is.

If bitcoin could hit $200,000 and above in the coming bull run, then I am expecting (like I said before) Ethereum to touch $15,000 to $20,000 as well.

[Fenix]

Since its inception in 2015, Ethereum has consistently outperformed Bitcoin in growth rates. The only exception was the current year 2023.
Next year, Ethereum may surpass Bitcoin in terms of price growth. Technological advances and Ethereum's unshakable position as the leading smart contract platform could serve as the fundamental foundation.

The rise in Ethereum price will be facilitated by the “deflationary burn mechanism” introduced in August 2021 through the implementation of EIP-1559 as part of the London hard fork.

Decreasing coin supply coupled with attractive staking yields could result in Ether surpassing Bitcoin in market capitalization. That's why I keep Ethereum in my wallet.

[Mehedi72]

As you said, Ethereum has potential enough even it is the best altcoin among cryptocurrencies after Bitcoin. Ether is only worth for long term holding. Other altcoins doesn't have any guarantee at all. Some top coins are good but rest of altcoins are like dust, could vanish anytime. Only ether can be trusted most and can be hold without worries. Another bull is coming and hope this time ether will surpassed more from its previous ath and I'm holding some for such reasons

[Doovla]

Main reason is because of it coin looks honestly, like the colour ,like the website, like the site of block explorer also. Except from that the functionality for its speed for transactions and also transaction fees are going to the level where we are going to see comeback of the cost for the gas which is good, it should not be looking for some kind of follow up for value and cost of the gas, for example if value of Ethereum is high than for me cost of the gas should not be high too ,it should be lower than that day of pump. Ethereum really can bring big profits in near future for sure.

[vegasus]

Though, I will advice that we also put the transaction fee as a consideration while holding Ethereum for a very long time. As our Ethereum portfolio keeps growing, transaction fees also grow with it. The transfer of 5eth which happens to be a large transaction requires a good amount of gas fee, while the opposite happens for the lesser.

If we don't trade our Ethereum, it is no problem with transfer fees. We don't need to send our Ethereum to exchanges, just hold on the private wallets. We need to wait for the altcoins season to send our Ethereum to exchanges. Although the transfer fees may be higher but it is safer to keep in the private wallets. So, we don't need to think too much about the transfer fees nowadays.

[Bitcoin_people]

We all know that after Bitcoin, Ethereum is the second best coin ranking in the cryptocurrency world. But this coin we all know will go to a better stage in the future and is still in the best position. ETH is one of the best coins to invest in, holding this coin will definitely earn good profits in the future. I think bitcoin and ethereum are the two most trusted coins, that's why people invest here the most, today I think the future of ethereum is bright.

[Nazmul012]

Crypto is a place where people gain or lose their capital daily though investing different altcoins. Eth is one of those but this coin has more potentiality than any other existence altcoins. I'm holding this altcoin since more than half a decade of and never disappointed while i lost a lot with others altcoins. And hope in this year eth will provide benefits to its holders more than before

[Rifan Khan]

Currently there are as many coins in crypto currency. If you buy and hold Ethereum. Then you can make good profit. Because we can now see that the price of Ethereum is increasing a lot. It looks like Ethereum will reach $3000 very soon in the cryptocurrency market. Because in early 2024 Bitcoin began to do so. Ethereum coins are also growing. Thus if the Ethereum coin increases. Buying Ethereum Coins will definitely make you profitable.

[bitterguy28]

question that needs to be address.

[Litzki1990]

Ethereum is the second most popular digital currency after Bitcoin and far ahead in terms of reliability. Ethereum has its own platform and if Ethereum can be held for a long time then Ethereum can definitely give an investor a good amount of return mainly because of these possibilities we can invest in Ethereum platform. These are some of the positive aspects of Ethereum, but one negative aspect of Ethereum is its high transaction fees. Other coins may not have this problem but Ethereum has the problem of excessive transaction fees due to which many investors want to invest in this coin but do not invest in this coin only because of excessive transaction fees. It is difficult to invest in these coins incrementally because of the additional transaction fees. But those who want to invest a large amount of money at once should definitely add Ethereum to their investment list.