Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: sonaa on August 28, 2024, 02:17:24 PM
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
-
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Ethereum was created on July 30th 2015. Its market capital was so small at the time. Having a market capital of over $380 billion now, we should not expect huge return on interest as it was in the past.
About the upgrade, gone are the days upgrade would result to increase in ether price. As many people also thought the upgrades helped in the past, you can see ether declined more in price during bear market.
-
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Ethereum was created on July 30th 2015. Its market capital was so small at the time. Having a market capital of over $380 billion now, we should not expect huge return on interest as it was in the past.
About the upgrade, gone are the days upgrade would result to increase in ether price. As many people also thought the upgrades helped in the past, you can see ether declined more in price during bear market.
I am not an ethereum lover, I prefer to buy bitcoin solana and BNB. because in my opinion ethereum's recent movements are not good, this is what made me decide to buy BNB and Solana with an amount that might be balanced with the bitcoin assets I have. And last week when bitcoin fell to the point that altcoin also fell I bought TON and ripple.
-
I think Ethereum is strong contender in cryptocurrency market even though Bitcoin is leader. Ethereum has a lot of value and support from important people like Mark Cuban, which shows it has potential. Even though Danken upgrade did not increase price as expected Ethereum is still good long term investment.
By the way remember that investing in cryptocurrency is risky and market can be unpredictable. But Ethereum is well established option that could bring good returns in long run making it good choice for investors who want to diversify their portfolio.
-
That is when it is super low and then taking advantage of the market before with the price really affordable compared to now.
I don’t think your topic makes sense because there is no instruction or query with buying Ethereum.
You could buy at exchanges.
-
If we follow in the crypto currency market, we can see that bitcoin is the best profitable crypto in cryptocurrency market. But we also know that ethereum is the second position crypto in crypto market. I do not investment in ethereum, because i believe that Bitcoin and BNB maybe more profitable than ethereum. But another if we invest in ethereum, it will be less profitable now. Because we know that ethereum is some down position now.
-
That is when it is super low and then taking advantage of the market before with the price really affordable compared to now.It sounds like you're referring to the concept of buying an asset, like Ethereum, when its price is low and then benefiting from the increase in price as it becomes more valuable. This strategy is often called "buying the dip"If you have specific questions or need further details on how to approach this strategy or how it applies to Ethereum, feel free to ask!
I don’t think your topic makes sense because there is no instruction or query with buying Ethereum.
You could buy at exchanges.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
What! $2.23 million would be around 2,230x on our investment. In what sense did you make this prediction? Why in 6 years, and why do you think we could make such gains on a $1,000 investment in ETH? I don't think this is a practical prediction; there's no chart, no analysis, and no long-term projection. It seems like you made a guess without any proper knowledge.
Although ETH is a good choice for long-term investment, I really don't think it can provide such gains, even after the Danken upgrade. Why do you think the Danken upgrade will boost the price of ETH in six years? It seems too good to be true.
Although ETH is a good choice for long term investment but I reall don't think it can give us that much gains even after the danken upgrade. Why you think Danken upgrade will boost the price of ETH in six years. I mean this is so true to be right.
-
If we follow in the crypto currency market, we can see that bitcoin is the best profitable crypto in cryptocurrency market. But we also know that ethereum is the second position crypto in crypto market. I do not investment in ethereum, because i believe that Bitcoin and BNB maybe more profitable than ethereum. But another if we invest in ethereum, it will be less profitable now. Because we know that ethereum is some down position now.
I don't think ETH has lost its position. ETH has always outperformed BTC in bull runs and continues to be favored by investors. BTC provides account security as investors can rest assured about BTC existence and price increases in the new cycle, while ETH balances return and risk: ETH has risen more sharply and has also consistently created new ATHs. BTC is Digital Gold while ETH is Digital Oil ^^
Currently, ETH hasn't shown impressive growth because we're still in Bitseason, not Altseason. Funds are currently concentrated in BTC rather than flowing into ETH and many top ALTS in the market. ETH Spot ETFs still have outflows so they can't have a positive impact on ETH price yet, but I believe that will happen soon and ETH price will soon increase strongly.
-
If we follow in the crypto currency market, we can see that bitcoin is the best profitable crypto in cryptocurrency market. But we also know that ethereum is the second position crypto in crypto market. I do not investment in ethereum, because i believe that Bitcoin and BNB maybe more profitable than ethereum. But another if we invest in ethereum, it will be less profitable now. Because we know that ethereum is some down position now.
Each investor has their own considerations in deciding which coin to choose, you can choose bitcoin and BNB if you are sure these two coins will be more profitable, because in my opinion ethereum has not been able to provide much profit in the last month. I also focus more on BNB, Solana, Matic and TON.
-
At this moment, we should not think about the past and think about the future, because we will never get an opportunity like that in 2015, so we should think about what we can do in the future. Currently the market value of eth is very low, it would be wise to buy and hold at this moment. The market price of eth is currently $2,526.84, it will be around 3.5k-3.8K when Bitcoin is 70K, which will give us a good amount of profit at that time. So now you should invest and hold without wasting time.
-
I think it's obvious though, if we have Bitcoin as the prime mover of crypto, then Ethereum is for altcoin. Personally, I'm not a fan of Ethereum, I don't know, but perhaps it steamed on the beginning of my journey and I had a hard time creating and maintaining a Ethereum wallet. But in any case, I don't mind those enthusiast who thinks that Ethereum is their best investment. I would rather go full on Bitcoin. And checking the price from cmc,
$4,891.70
-48.6%
Still way below it's all time high, while Bitcoin has broken and established a new one and it might not be the peak as we will be seeing another all time high next year.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Your title doesn't match the content of the post. I thought you would provide a tutorial on how to buy ETH.
ETH has not performed well, even after the approval of ETH ETFs. It did not meet investor expectations, and the approval of ETH ETFs was a significant event that should have driven the price of ETH up by at least 2x, but it didn't.
A similar situation occurred with the Duncan update. The price was pumped to $4,000, but now it's struggling to reach that level again. ETH might not provide the significant profits some expect; it's too much for ETH to handle.
-
I think most positive comment on eth are from people with a lot on the line.
If you got in at plus 4000 you are stuck bigly. So just keep talking it up hoping to get back into profit.
Does it mean eth will go back over 4000 i dont think it means it will. It might go up to 4k in the fall it might not.
-
~snip~
$4,891.70
-48.6%
Still way below it's all time high, while Bitcoin has broken and established a new one and it might not be the peak as we will be seeing another all time high next year.
The minus is very big because it is almost -50% from the highest price for Ethereum. It seems that the hope for this Ethereum coin to rise is quite long and certainly takes months. The market cap of Ethereum is getting higher every day, that means to rise again beyond -50% there must be a lot of money circulating for this Ethereum coin. I can't imagine how much Fiat will be circulating when the price of Ethereum rises again to its all time high.
-
Ethereum is the most successful altcoin in terms of value and investment but this reliance on market cap to rank coins is very misleading. The reason for Ethereum’s success is that it is something new and handles smart contracts better than Bitcoin and the option to create an accounting model closer to bank accounts and move to a POS is the real challenge as to whether the coin will be successful or if it will cause it to become just an altcoin.
-
I'm not sure what OP is trying to tell. The title suggest he ask about buying ETH, but the thread itself is about how profitable to invest in ETH.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
There's reason why phrase "Past Performance Is No a Guarantee of Future Results" exist. It's hard to imagine ETH price will rise by 2230x in next 9 years.
-
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Ethereum was created on July 30th 2015. Its market capital was so small at the time. Having a market capital of over $380 billion now, we should not expect huge return on interest as it was in the past.
About the upgrade, gone are the days upgrade would result to increase in ether price. As many people also thought the upgrades helped in the past, you can see ether declined more in price during bear market.
Regarding upgrades, Ethereum has indeed gone through several important upgrades, such as the shift to Proof of Stake (PoS) with the Merge. While these upgrades have long-term benefits like reducing energy consumption and potentially deflationary pressure on ETH supply, they don't always lead to immediate price increases. Market dynamics, broader economic conditions, and investor sentiment now play a larger role in ETH's price movements than just technological upgrades.
-
Ethereum is the most successful altcoin in terms of value and investment but this reliance on market cap to rank coins is very misleading. The reason for Ethereum’s success is that it is something new and handles smart contracts better than Bitcoin and the option to create an accounting model closer to bank accounts and move to a POS is the real challenge as to whether the coin will be successful or if it will cause it to become just an altcoin.
Many investors believe more in the ethereum network than other networks such as binance smart cain, solana, tron, TON etc. This is proof that as a coin that has the most exclusive smart contract that is still trusted by many people even though in the past it had a high gas fee problem, but currently ethereum gas fees are getting cheaper and can compete.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Your title doesn't match the content of the post. I thought you would provide a tutorial on how to buy ETH.
ETH has not performed well, even after the approval of ETH ETFs. It did not meet investor expectations, and the approval of ETH ETFs was a significant event that should have driven the price of ETH up by at least 2x, but it didn't.
A similar situation occurred with the Duncan update. The price was pumped to $4,000, but now it's struggling to reach that level again. ETH might not provide the significant profits some expect; it's too much for ETH to handle.
The price of 4000 is quite high at the moment, if you force yourself to enter you will be trapped where the current crypto movement is very difficult to predict and sometimes beyond predictions, so I think investing in ETH must be prepared for the risk of being involved if there is a decline again
-
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Ethereum was created on July 30th 2015. Its market capital was so small at the time. Having a market capital of over $380 billion now, we should not expect huge return on interest as it was in the past.
About the upgrade, gone are the days upgrade would result to increase in ether price. As many people also thought the upgrades helped in the past, you can see ether declined more in price during bear market.
Regarding upgrades, Ethereum has indeed gone through several important upgrades, such as the shift to Proof of Stake (PoS) with the Merge. While these upgrades have long-term benefits like reducing energy consumption and potentially deflationary pressure on ETH supply, they don't always lead to immediate price increases. Market dynamics, broader economic conditions, and investor sentiment now play a larger role in ETH's price movements than just technological upgrades.
one can argue eths choice to go pos set back all of crypto as avoidance of pow 💥 causes terrible incentives to correct pow.
for example in NEW YORK CITY Con Ed burns tons of natural gas to make steam which drives steam turbine to make power.
Around 50 percent of all the power needed to run all the btc mining in the world if used in NYC making that steam.
if all coins were pow the incentive to build.
gas to steam to turbine to power to mining gear to liquid cooling to steam to turbines means 90% recapture of the same energy already being used. and Con Ed could run 50% of the worlds btc mining using only ten percent of the current energy.
and earn btc which would subsidize power cost for NYC.
instead eth ran from pow and the world suffers fro that decision.
my energy recapture idea is sound but unfortunately eth decide to run away and hide from pow. do none of us any favors. instead they could have pushed a cutting edge proof of concept and choose not to.
Yet another reason ETH has no real legs and POW will eventually do what I am saying.
-
Ethereum is the most successful altcoin in terms of value and investment but this reliance on market cap to rank coins is very misleading. The reason for Ethereum’s success is that it is something new and handles smart contracts better than Bitcoin and the option to create an accounting model closer to bank accounts and move to a POS is the real challenge as to whether the coin will be successful or if it will cause it to become just an altcoin.
I agree with you who said that ethereum is a better smart contract than bitcoin, that's what makes ethereum successful. but currently there are many smart contracts competing with ethereum, although ethereum is still the king of altcoins. BNB, Solanan and the last one we have TON also have good potential, but it seems that the network is difficult to beat ethereum.
Back to the OP's post, if you want to buy young ethereum, just buy it on the exchange, because the current price of $ 2,525 is a low price, it still has the potential to make a profit.
-
The price of 4000 is quite high at the moment, if you force yourself to enter you will be trapped where the current crypto movement is very difficult to predict and sometimes beyond predictions, so I think investing in ETH must be prepared for the risk of being involved if there is a decline again
Currently, the price of ETH is not at $4,000, but given the current crypto market trends, this could be a good time to consider an entry into ETH. Many of us believe that ETH will eventually surpass its all-time high (ATH) again. The Duncan update previously helped ETH reach the $4,000 mark, and the approval of an ETF should also boost the price back to this level. However, these events did not perform as well as expected.
Investing in any token carries risk, and ETH is no exception. That said, the risk associated with ETH is relatively lower because it is unlikely to see a significant drop from its current levels. While the chances of a near-term pump are also limited, we may have to wait until 2025 or for a period when BTC starts to rise, as this typically causes the entire altcoin market to follow suit.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Etheruem remain a profitable investment token any day, the price of ether has been consistent with the crypto market price movements, and there is no doubt Ether may remains on the number two best performing token for a long time. Etheruem is a great project with huge marketcap, with a large community of users.
However, investing on etheruem depends on it demands at a particular period. As a matter of facts, to buy etheruem on August or September at lower price, or market dip prices may not happen because there other factors that can boost token price increase besides the demand. It is advisable to buy when the market gos dip.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
I’m still trying to figure out how the title of the thread and the content are related - usually threads with this type of title are expected to have some kind of tutorial or guide on how to go about the purchase of Ethereum and not this type of content.
It is advisable to buy when the market gos dip.
This doesn’t just apply to ethereum alone but to all investments - we are always on the watch for when the price of a coin with good utility will drop so that we can accumulate more and wait for the price to go back up for us to sell.
-
is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
You cannot buy Etherum for $1000 and expect a huge profit like you mentioned above in just six years. In 20 years to come it will be impossible, because Etherum price is not pumping compared to other altcoins even though it is one of the best altcoin so far. I don't think expecting too much from Etherum is good because you might be disappointed in future.
-
I am not an ethereum lover, I prefer to buy bitcoin solana and BNB. because in my opinion ethereum's recent movements are not good, this is what made me decide to buy BNB and Solana with an amount that might be balanced with the bitcoin assets I have. And last week when bitcoin fell to the point that altcoin also fell I bought TON and ripple.
I will not disagree with you because after the dumping that happened last August, Ethereum did not perform very well. I mean, it did not recover to its previous price, although in March we saw Ethereum touch the price of four thousand dollars.
Although its recovery is slow now, I think Ethereum is still one of the best cryptocurrencies and I expect it to recover its price and touch a new all-time high price in the near future. So I will not turn away from investing in Ethereum yet, but now Ethereum is a good opportunity to make this investment.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
Ethereum is definitely one of the best altcoin investments at the moment. There are many investors who can't afford to invest in Bitcoin but prefer Ether as their 2nd choice. Ether is the first cryptocurrency to be as altcoin since the invention after Bitcoin. Many smart contracts have already been created using the Ether chain. Especially those who really want to create a good project are interested in building their projects on Ether platform. Although more and better projects are coming in recent times which have comparatively more benefits but people trust Ether more. A major weakness of this platform is that the gas fee is comparatively high due to which many people are withdrawing their interest from this platform. However, in terms of security and certainty, this platform still holds the top position. While Ether's position is not good in 2024, a bull run is certainly possible to get a good result.
-
Etheruem remain a profitable investment token any day, the price of ether has been consistent with the crypto market price movements, and there is no doubt Ether may remains on the number two best performing token for a long time. Etheruem is a great project with huge marketcap, with a large community of users.
However, investing on etheruem depends on it demands at a particular period. As a matter of facts, to buy etheruem on August or September at lower price, or market dip prices may not happen because there other factors that can boost token price increase besides the demand. It is advisable to buy when the market gos dip.
I will agree with you that ethereum is one of the most stable coins in cryptocurrency and it will be running right after bitcoin for a long time. Many are afraid to invest in Ethereum because of its unlimited and unclear maximum supply but if we see that there are many more such coins in the market I mean there are altcoins which have maximum supply in this same system. Although it is a matter of concern but I think this Ethereum coin is one of the most reliable and profitable among all other alt coins. I think it still has an opportunity to invest in it for the long term so if I have some idle money I will feel free to invest in Ethereum.
-
Once upon a time i had 30-35 Ethereum then Ethereum price was very low. My buying price was near about $120-$150 i think it was very low price. After that Ethereum price reach nwar about $4700. But then i jad no any Ethereum. Now also i have some Ethereum wwhich i boight in high price.
Now Ethereum price near about $2500 and i think it is high time to buy Ethereum. I think within short time Ethereum price will increase. I am waiting to next pump.
-
Another crash with Ethereum price and last hours ago drop until $2310 and I think best time for accumulating, but seeing Ethereum recovery again above $3k seems difficult and take longer time after many time failure reach higher price and bitcoin still not stable yet. I tried purchasing on $2400 but only few minutes later after my purchasing Ethereum price drop significant and wish not become long term holding with my target selling above $2,5k.
During bitcoin price not stable yet I don't sure with potential for Ethereum will raise up higher price, many time bitcoin get recovering but Ethereum looks stable and difficult break out.
-
Another crash with Ethereum price and last hours ago drop until $2310 and I think best time for accumulating, but seeing Ethereum recovery again above $3k seems difficult and take longer time after many time failure reach higher price and bitcoin still not stable yet. I tried purchasing on $2400 but only few minutes later after my purchasing Ethereum price drop significant and wish not become long term holding with my target selling above $2,5k.
During bitcoin price not stable yet I don't sure with potential for Ethereum will raise up higher price, many time bitcoin get recovering but Ethereum looks stable and difficult break out.
same as me friend, I also bought ethereum at $2,400 and got stuck there because the price suddenly dropped, even though I planned to sell at $2,500. Bitcoin seems to be experiencing a lot of corrections, what I'm worried about is that the price of bitcoin will drop again and altcoins will drop following bitcoin and we will be stuck in a long time waiting.
-
You are using a weird title for the topic, how would buying Ethereum in August 2024 be different from buying it on any other day???!! This is a weird title, maybe it would have been better to say "Is it still a good idea to buy Ethereum in August 2024?" Maybe it would have been more appropriate in the topic since you are discussing the possibility of Ethereum rising.
Anyway, Ethereum is currently somewhat high and those who bought early have taken advantage of the opportunity greatly, so far the buying opportunity is still good because there is a possibility of Ethereum growing at least 5x if we consider that it can reach 10k with the peak of Bitcoin.
-
trading ethereum is very good for the future because ethereum is a coin that many people use, even airdrops also use ethereum as their network, so ethereum will increase even though it is currently experiencing a decline but this is only seasonal every year. Investing in ethereum is highly recommended if you have a lot of capital and you just have to choose whether to invest long term or short term.
-
You are using a weird title for the topic, how would buying Ethereum in August 2024 be different from buying it on any other day???!! This is a weird title, maybe it would have been better to say "Is it still a good idea to buy Ethereum in August 2024?" Maybe it would have been more appropriate in the topic since you are discussing the possibility of Ethereum rising.
Anyway, Ethereum is currently somewhat high and those who bought early have taken advantage of the opportunity greatly, so far the buying opportunity is still good because there is a possibility of Ethereum growing at least 5x if we consider that it can reach 10k with the peak of Bitcoin.
If you say ethereum price can reach 5x when bitcoin peaks during bull season while ethereum current price is $2,339 means ethereum price can reach $11K, isn't that very high dude. I only target ethereum at $5K but if it reaches above $10K that's a great achievement.
-
If you say ethereum price can reach 5x when bitcoin peaks during bull season while ethereum current price is $2,339 means ethereum price can reach $11K, isn't that very high dude. I only target ethereum at $5K but if it reaches above $10K that's a great achievement.
Yes, if Ethereum reaches 5K, it will be very good, but I am optimistic about the possibility of reaching 10K, this may seem very optimistic and far from reality (at least for now), but I am optimistic about Ethereum and I expect that it can achieve this number.
This is not my opinion alone, I read some optimistic analyses that expect that Ethereum may reach 10K with the peak of Bitcoin, of course these are all guesses that may be correct or not, but it is still early, so we have to wait and watch to see what will happen.
-
Yes, if Ethereum reaches 5K, it will be very good, but I am optimistic about the possibility of reaching 10K, this may seem very optimistic and far from reality (at least for now), but I am optimistic about Ethereum and I expect that it can achieve this number.
This is not my opinion alone, I read some optimistic analyses that expect that Ethereum may reach 10K with the peak of Bitcoin, of course these are all guesses that may be correct or not, but it is still early, so we have to wait and watch to see what will happen.
It is not bad what you indicate, clearly the ETH can reach that price, only we have to wait for the bullish trend of bitcoin so that we can have good benefits, in this aspect we as people who are thinkers must see clearly that to be well in some way we have to bet on what is safe, and the safe thing that will always give good benefits is bitcoin, bitcoin will always be there and as BTC does well the currency that will do well will be ETH, the analysts are not wrong, if you look at the ETH charts you will realize that the chart is very similar to that of BTC.
-
and the safe thing that will always give good benefits is bitcoin, bitcoin will always be there and as BTC does well the currency that will do well will be ETH, the analysts are not wrong, if you look at the ETH charts you will realize that the chart is very similar to that of BTC.
There is no doubt that Bitcoin will always be the best and most reliable option, Ethereum is second only to Bitcoin in terms of reliability and potential for price growth.
Also, Ethereum's movement often follows Bitcoin's movements, so when Bitcoin reaches its peak, the next coin will surely be Ethereum and then the rest of the Altcoins will follow, this is the usual market pattern so let's hope the analysis is correct and wait and watch.
-
and the safe thing that will always give good benefits is bitcoin, bitcoin will always be there and as BTC does well the currency that will do well will be ETH, the analysts are not wrong, if you look at the ETH charts you will realize that the chart is very similar to that of BTC.
There is no doubt that Bitcoin will always be the best and most reliable option, Ethereum is second only to Bitcoin in terms of reliability and potential for price growth.
Also, Ethereum's movement often follows Bitcoin's movements, so when Bitcoin reaches its peak, the next coin will surely be Ethereum and then the rest of the Altcoins will follow, this is the usual market pattern so let's hope the analysis is correct and wait and watch.
I agree bitcoin is always reliable and there is no doubt to invest in dbitcoin, if you buy when ebarish and hold until the bullish season, you can be sure that we will get profit from it. Bitcoin performance will always be followed by other altcoins and the closest to bitcoin movement is ethereum, some even say the same so they suggest that you should invest in one of bitcoin and ethereum, not both.
-
There is no doubt that Bitcoin will always be the best and most reliable option, Ethereum is second only to Bitcoin in terms of reliability and potential for price growth.
Also, Ethereum's movement often follows Bitcoin's movements, so when Bitcoin reaches its peak, the next coin will surely be Ethereum and then the rest of the Altcoins will follow, this is the usual market pattern so let's hope the analysis is correct and wait and watch.
We should not doubt the movement of ETH, it is known that if btc does well, ETH will do super well, the only thing I see as a disadvantage is that when btc falls, let's say it loses 5-10%, ETH bleeds a lot, but when btc goes in a bullish trend it is a fact that sometimes ETH rises in large proportion, even faster than BTC, only ETH investors have to be very calm when suffering the falls, but when comparing both charts we see that they show a very similar story, and it is not bad, we realize that BTC will always set the course for all crypto.
-
but when comparing both charts we see that they show a very similar story, and it is not bad, we realize that BTC will always set the course for all crypto.
Yes, that’s right, Bitcoin and Ethereum charts are often similar to each other, and some seasoned analysts even use Ethereum charts to predict Bitcoin’s next move, because most of the time the movements of the two major coins are in tandem with each other.
Also for Altcoin, when analyzing any Altcoin, analysts must analyze Bitcoin or Ethereum to get an accurate analysis of the coin, because Altcoin is inevitably affected by the movement of Bitcoin and Ethereum.
-
but when comparing both charts we see that they show a very similar story, and it is not bad, we realize that BTC will always set the course for all crypto.
Yes, that’s right, Bitcoin and Ethereum charts are often similar to each other, and some seasoned analysts even use Ethereum charts to predict Bitcoin’s next move, because most of the time the movements of the two major coins are in tandem with each other.
Also for Altcoin, when analyzing any Altcoin, analysts must analyze Bitcoin or Ethereum to get an accurate analysis of the coin, because Altcoin is inevitably affected by the movement of Bitcoin and Ethereum.
Lately we see the movement of ethereum is not like bitcoin because when bitcoin reached ATH and experienced several increases it seems that ethereum is still struggling and staying below $ 3K. so I think the center of altcoin is still bitcoin, although there are some altcoins whose movements are not as good as bitcoin.
-
Lately we see the movement of ethereum is not like bitcoin because when bitcoin reached ATH and experienced several increases it seems that ethereum is still struggling and staying below $ 3K. so I think the center of altcoin is still bitcoin, although there are some altcoins whose movements are not as good as bitcoin.
Yes, you are right, Bitcoin and Ethereum movements are not always identical. Sometimes Bitcoin rises and Ethereum remains low, or vice versa.
But these are rare cases, and most of the time the movements of the two coins are accompanied and very similar. Since Bitcoin is the master of the market and all pairs are linked to Bitcoin's movement, it is natural for the market to be pulled up or down with it. The coin most affected by Bitcoin's movement is Ethereum.
But of course, this does not mean that the indicators are 100% identical.
-
-snip-
But these are rare cases, and most of the time the movements of the two coins are accompanied and very similar. Since Bitcoin is the master of the market and all pairs are linked to Bitcoin's movement, it is natural for the market to be pulled up or down with it. The coin most affected by Bitcoin's movement is Ethereum.
But of course, this does not mean that the indicators are 100% identical.
It will not always be identical because Bitcoin will sometimes just run on its own, when Bitcoin goes up with increased dominance, then Altcoin will go down and that will also happen to Altcoin even though it is the top altcoin.
But if Bitcoin's dominance falls, it will be a good opportunity for Altcoin recovery. I bought ETH when the price hadn't reached $1k and it gave me more profit right now and I believe that when Bitcoin hits a new ATH, it will also be a signal that ETH will also experience ATH.
Just wait and see if the market will return to bullishness, but don't forget to prepare your spare money to buy more.
-
Lately we see the movement of ethereum is not like bitcoin because when bitcoin reached ATH and experienced several increases it seems that ethereum is still struggling and staying below $ 3K. so I think the center of altcoin is still bitcoin, although there are some altcoins whose movements are not as good as bitcoin.
The movement of Ethereum seems very slowly recently than bitcoin get recovery few percent yesterday, late moment bitcoin success break above $61k but Ethereum can follow how faster bitcoin recovery because price still dump under $2,3k and difficult returning back to higher price.
Need more patience waiting Ethereum return back to their top perform usually not get difficult recovery when bitcoin have good movement raise to higher price, maybe waiting with bitcoin potential break above $67k or $70k to see Ethereum raise strong above 43k.
-
Yes, that’s right, Bitcoin and Ethereum charts are often similar to each other, and some seasoned analysts even use Ethereum charts to predict Bitcoin’s next move, because most of the time the movements of the two major coins are in tandem with each other.
The truth is I didn't know that some analysts did that of analyzing ETH to predict the movements of alts and btc, I find it Interesting and it is something logical , I always see analyses for BTC not for alts, so alts like BTC depth, well the only way I like to trade ATL/BTC is when btc is in a bullish trend , in this case I like it , as a challenge I only look at some Alts/USDT because it is the most logical , of course it is my point of view on how to Analyze alts which are Usually two or 3, including ETH.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
DCA strategy is the best decision to invest in Ethereum or any crypto currency because none of us can guarantee when and how much the price of any coin will fluctuate so if we invest the whole amount together then if the price of that coin goes down a lot we are very much at risk. We will face big loss but if the price of that coin goes up, we will make big profit. But according to my decision to invest in Ethereum according to DCA method by risk management without taking big risk. Ethereum is a coin with a lot of potential so investing in it is a smart thought
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
DCA strategy is the best decision to invest in Ethereum or any crypto currency because none of us can guarantee when and how much the price of any coin will fluctuate so if we invest the whole amount together then if the price of that coin goes down a lot we are very much at risk. We will face big loss but if the price of that coin goes up, we will make big profit. But according to my decision to invest in Ethereum according to DCA method by risk management without taking big risk. Ethereum is a coin with a lot of potential so investing in it is a smart thought
I also use the DCA method but not for ethereum but for bitcoin because I think bitcoin is the safest coin, besides using DCA I also trade with some potential altcoins such as BNB and Solanan, sometimes also using ripple. The profit from my trading is used to buy other coins to hold, that's what I've been doing.
-
While Bitcoin is the top crypto currency based on its circulating coin value, Ethereum is no slouch. With a market capitalization of over $380.51 billion as of July 25, 2024, it is the second leading form of cryptocurrency and has the support of business leaders such as Mark Cuban.
Investors expected the Danken upgrade to boost the price of Ethereum, but to their dismay, Ethereum fell by around 4%.
What's more, it is a profitable investment choice. If invested for a long period of time it will be profitable, if you invested $1,000 in Ethereum in August 2015, after about six years your investment would be worth a staggering $2.23 million.
DCA strategy is the best decision to invest in Ethereum or any crypto currency because none of us can guarantee when and how much the price of any coin will fluctuate so if we invest the whole amount together then if the price of that coin goes down a lot we are very much at risk. We will face big loss but if the price of that coin goes up, we will make big profit. But according to my decision to invest in Ethereum according to DCA method by risk management without taking big risk. Ethereum is a coin with a lot of potential so investing in it is a smart thought
I also use the DCA method but not for ethereum but for bitcoin because I think bitcoin is the safest coin, besides using DCA I also trade with some potential altcoins such as BNB and Solanan, sometimes also using ripple. The profit from my trading is used to buy other coins to hold, that's what I've been doing.
Adding DCA method on Bitcoin with trading altcoins as BNB, Solana, and Ripple are an excellent approach to capitalizing on potential opportunities. It is possible to enhance the portfolio while maintaining the desired level of flexibility just by reinvesting the trading profits into long term gains. It is also healthy to ensure that the business is growing as well as ensuring that the assets that are used in such growth are protected adequately.
-
Adding DCA method on Bitcoin with trading altcoins as BNB, Solana, and Ripple are an excellent approach to capitalizing on potential opportunities. It is possible to enhance the portfolio while maintaining the desired level of flexibility just by reinvesting the trading profits into long term gains. It is also healthy to ensure that the business is growing as well as ensuring that the assets that are used in such growth are protected adequately.
If we can do DCA consistently and continuously, this exactly has always been one of the strategies that made us successful in Crypto Investment. This strategy makes us do not panic in any price situation and occur UP or Down trend whatever in the market. What is clear, with DCA, we can optimize to achieve the coins we want. Especially Bitcoin, Ethereum, BNB, and Solana. But for XRP, I personally have been enough to have it, because the price is very slow.
-
Adding DCA method on Bitcoin with trading altcoins as BNB, Solana, and Ripple are an excellent approach to capitalizing on potential opportunities. It is possible to enhance the portfolio while maintaining the desired level of flexibility just by reinvesting the trading profits into long term gains. It is also healthy to ensure that the business is growing as well as ensuring that the assets that are used in such growth are protected adequately.
If we can do DCA consistently and continuously, this exactly has always been one of the strategies that made us successful in Crypto Investment. This strategy makes us do not panic in any price situation and occur UP or Down trend whatever in the market. What is clear, with DCA, we can optimize to achieve the coins we want. Especially Bitcoin, Ethereum, BNB, and Solana. But for XRP, I personally have been enough to have it, because the price is very slow.
I heard the news that XRP is applying for an ETF, but I also doubt whether it will be approved or not because XRP has had problems with the SEC several times.
In DCA I also try to increase my collection of BTC, ETH and Solana assets.
Because my capital is small to invest in crypto, that's why I buy gradually so that my crypto assets increase.
-
If we can do DCA consistently and continuously, this exactly has always been one of the strategies that made us successful in Crypto Investment. This strategy makes us do not panic in any price situation and occur UP or Down trend whatever in the market. What is clear, with DCA, we can optimize to achieve the coins we want. Especially Bitcoin, Ethereum, BNB, and Solana. But for XRP, I personally have been enough to have it, because the price is very slow.
I heard the news that XRP is applying for an ETF, but I also doubt whether it will be approved or not because XRP has had problems with the SEC several times.
In DCA I also try to increase my collection of BTC, ETH and Solana assets.
Because my capital is small to invest in crypto, that's why I buy gradually so that my crypto assets increase.
I also read this news, that XRP will experience ETF approval, and there is even a prediction that XRP will be able to reach $15 in Q4 2025. Hmm, actually I'm a bit doubtful about the achievement of the XRP price which might reach that number. I think if it can reach the previous ATH, I'm very grateful.
https://bitcoinist.com/ripples-xrp-etf-approval-could-mean-15-by-q4-2025-but-this-token-will-explode-8544-in-only-3-months/
However, on the other hand, the news related to XRP vs SEC also seems not over yet. There are still several cases that are still being investigated and questioned by the SEC. It seems they are still targeting this one coin. I don't know whether the XRP ETF will be approved or not, what's important for now, fortunately the price of XRP has increased slightly, although it is still around $0.5.
-
If we can do DCA consistently and continuously, this exactly has always been one of the strategies that made us successful in Crypto Investment. This strategy makes us do not panic in any price situation and occur UP or Down trend whatever in the market. What is clear, with DCA, we can optimize to achieve the coins we want. Especially Bitcoin, Ethereum, BNB, and Solana. But for XRP, I personally have been enough to have it, because the price is very slow.
I heard the news that XRP is applying for an ETF, but I also doubt whether it will be approved or not because XRP has had problems with the SEC several times.
In DCA I also try to increase my collection of BTC, ETH and Solana assets.
Because my capital is small to invest in crypto, that's why I buy gradually so that my crypto assets increase.
I also read this news, that XRP will experience ETF approval, and there is even a prediction that XRP will be able to reach $15 in Q4 2025. Hmm, actually I'm a bit doubtful about the achievement of the XRP price which might reach that number. I think if it can reach the previous ATH, I'm very grateful.
https://bitcoinist.com/ripples-xrp-etf-approval-could-mean-15-by-q4-2025-but-this-token-will-explode-8544-in-only-3-months/
However, on the other hand, the news related to XRP vs SEC also seems not over yet. There are still several cases that are still being investigated and questioned by the SEC. It seems they are still targeting this one coin. I don't know whether the XRP ETF will be approved or not, what's important for now, fortunately the price of XRP has increased slightly, although it is still around $0.5.
I also read news about ETF Ripple, and if approved the possibility of ripple prices will increase.
But I do not agree on the prediction of ripple prices will reach 15 $ in Q4 2025. It seems that it is difficult, if the prediction of Sasya if ETF Ripple is approved, the possibility of ripple prices for $ 2-5