Is this a good time to buy/stake ETH?

[BitHunter]

There have always been ups and downs in the crypto space and even stable coins like Bitcoin and Ethereum have not been immuned. But as always, a good insight and a good setup is always essential to make some gains.

Few months ago we saw the approval of BTC ETF and there was a corresponding bull run and hit a new ATH... That happened even before the somewhat underwhelming halving event as some say.

So guys, the ETH ETF is on the brink of approval and I'm getting bullish but more often than not, insightful setups are better than sentiments...

My curiosity is if this would be a good time to stake ETH? Plus, some CEXs are getting other existing trading and staking events up in anticipation of the approval, are they worth it?

[Agbe]

Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

[salad daging]

People stake more in Dex than in CEX because they expect incentives for the future when the project issues their tokens.

Some projects among them Eigen Screen, Puffer, Rust, and many more are staking by earning points so that's what they are after right now I don't think in CEX it will be profitable but you need to remember when you are staking on their validators in DEX there is always a risk.

But for me it's better to buy Ethereum and then HODL it will be much safer.

[LogitechMouse]

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My curiosity is if this would be a good time to stake ETH? Plus, some CEXs are getting other existing trading and staking events up in anticipation of the approval, are they worth it?

The staking rewards currently based on stakingrewards.com is at 3.69%. Are you good at that? If yes, then just do it.

I don't know how much rewards you can get if you stake/earn your ETH in some CEXes out there like Binance and Bitget, but if you're comfortable storing your ETH there to earn additional ETH without doing anything then you can just do it. TBH, I would rather just hold my ETH into my own wallet than either staking it or storing it on exchanges.

Like the post above said, I might use my ETH as well in joining some airdrops that needs investing your ETH to earn free tokens in the future. I'm currently doing that with some projects. There's a risk that they might run away along with the ETH that they got, but so far, there's no incidents like that happening.

[MUGNIA]

Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

I agree, although the time is a bit tight, but it's better than nothing, I see the price of ETH is also increasing, is there any progress regarding the agreement?

[Crypto_Potato]

I'm not so surprised some CEXs have brought events for the approval of the ETF, it's something worth celebrating actually. I've seen a few events that are quite stressful but I've seen some that reward you for just the normal daily things you do on a CEX like Bitget giving out memecoins even though it's little but it's something

[MCcabe Rory]

Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

I agree, although the time is a bit tight, but it's better than nothing, I see the price of ETH is also increasing, is there any progress regarding the agreement?

Eth ETF has been approved.

[Jomisa]

I'm not so surprised some CEXs have brought events for the approval of the ETF, it's something worth celebrating actually. I've seen a few events that are quite stressful but I've seen some that reward you for just the normal daily things you do on a CEX like Bitget giving out memecoins even though it's little but it's something

Eth ETF approval needs to be celebrated because imo this could usher us into ETH season properly and Probably send alts parabolic. It's a good one for me. If you could get the rewards, that's good. What tasks are to be completed. You may send a link.

[bitterguy28]

After the Ethereum SPot ETF approval ? ethereum now is really making a great move upward as now it is closer to break 4k https://coinmarketcap.com/currencies/ethereum/ in which I believe that you are in good position if you have bought when the time you created this thread.
not sure if this will ever happen to drop again any time soon.

[R100K-Martin-Lunger]

But it and HODL it. Keep HODLing even if the price does not pump right away. But I would also recommend that you keep a diverse portfolio for maximum profits and minimum risk. Diversify their BTC, BNB, SOL, DOT, LINK, ADA, and others.

[MrSpasybo]

The staking rewards currently based on stakingrewards.com is at 3.69%. Are you good at that? If yes, then just do it.

I don't know how much rewards you can get if you stake/earn your ETH in some CEXes out there like Binance and Bitget, but if you're comfortable storing your ETH there to earn additional ETH without doing anything then you can just do it. TBH, I would rather just hold my ETH into my own wallet than either staking it or storing it on exchanges.

Like the post above said, I might use my ETH as well in joining some airdrops that needs investing your ETH to earn free tokens in the future. I'm currently doing that with some projects. There's a risk that they might run away along with the ETH that they got, but so far, there's no incidents like that happening.

If I invest in ETH, I will expect profits from its price appreciation, not just from staking rewards or airdrops. The ETH Spot ETF has just been approved, I believe that as soon as this product is traded, buying pressure will push ETH price to a new ATH as happened with the BTC Spot ETF. I believe in the huge potential of ETH and with or without the ETH Spot ETF, ETH is always worthy of having in the portfolio.

The bullrun has just begun, ETH price may be much higher than the bottom but investors can still buy to profit as the ETH price continues to grow strongly in the coming months. This is a time for optimism and greed instead of fear. Of course, this is not financial advice ^^

[dekafee79]

After the Ethereum SPot ETF approval ? ethereum now is really making a great move upward as now it is closer to break 4k https://coinmarketcap.com/currencies/ethereum/ in which I believe that you are in good position if you have bought when the time you created this thread.
not sure if this will ever happen to drop again any time soon.

Yes, after the ethereum ETF was approved we saw a more stable ethereum price approaching $4K, ethereum holders felt happy because of this.  Since yesterday I also saw that the price of bitcoin was more stable at $ 68K -69K.  Ethereum and Bitcoin are very suitable for holding and we can also do staking.   I still hold Bitcoin and Ethereum, apart from daily trading several other altcoins.  I always enjoy the season before the TOP bullish season.

[vegasus]

After the Ethereum SPot ETF approval ? ethereum now is really making a great move upward as now it is closer to break 4k https://coinmarketcap.com/currencies/ethereum/ in which I believe that you are in good position if you have bought when the time you created this thread.
not sure if this will ever happen to drop again any time soon.

This is definitely a very good news. This year there were 2 ETF approvals which made the crypto market run very well. However, for direct assessment of the market, it doesn't seem like it will take too long because currently, the price of Ethereum is still experiencing a decline in the last 24 hours of -2.3%. However, this is quite normal and normal, after experiencing a fairly good increase, it will usually drop for a while, so it's quite normal. And the price for now, Ethereum is around $3,749.

And whatever it is, indeed with this approval, it is likely that Ethereum will achieve a much higher ATH more easily as expected. Just waiting for the time, just like waiting for the Bitcoin ATH bullish season later. So, as long as we are patient enough to hold these coins, it looks like this will be much more worth it.

[Aanuoluwatofunmi]

Its not bad if we can invest in Ethereum now and hold, we still have a long way top go with it, we also need to understand this common expectation about cryptocurrencies whereby we invest and allow our investment to get matured before we can sell out, this will help us towards achieving the required expectations towards it, but many never thought of leaving them to mature, instead they want a quick sale and earn which may not necessarily work out with Ethereum in most cases.

[salad daging]

Its not bad if we can invest in Ethereum now and hold, we still have a long way top go with it, we also need to understand this common expectation about cryptocurrencies whereby we invest and allow our investment to get matured before we can sell out, this will help us towards achieving the required expectations towards it, but many never thought of leaving them to mature, instead they want a quick sale and earn which may not necessarily work out with Ethereum in most cases.

Ethereum is the second coin that has high popularity so I dare to buy and hold it for the long term but at least until the rally comes this season may not be long or it could be next year.

Actually it is easy if you want to have a quick profit, go to futures trading apply high leverage if you manage to analyze this coin well then you will profit.
This is something that is hard to do and easy to say.
Then hold more is the safest way.