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Author Topic: Is this a good time to buy/stake ETH?  (Read 22294 times)

Offline luckyledger

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Re: Is this a good time to buy/stake ETH?
« Reply #135 on: September 16, 2024, 08:11:44 AM »
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.
It sounds like you're discussing the potential impact of an Ethereum ETF approval and correcting an error regarding the classification of Bitcoin and Ethereum as stablecoins. You're right—Bitcoin and Ethereum are volatile assets, not stablecoins. Stablecoins are designed to maintain a stable value, usually pegged to a fiat currency like the U.S. dollar, as seen with USDT USDC, and others.

Yeah, it may be a typo or just a coincidence, but they are totally not the same, because of what you said to OP.
But they are the best for staking, in my opinion, because of the traits that you mentioned.
About ETH - I think it's a great time to accumulate it now to see the boons of such action soon - during the Bullrun, whenever it would come.

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Re: Is this a good time to buy/stake ETH?
« Reply #135 on: September 16, 2024, 08:11:44 AM »

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Re: Is this a good time to buy/stake ETH?
« Reply #136 on: September 16, 2024, 01:39:03 PM »
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.
It sounds like you're discussing the potential impact of an Ethereum ETF approval and correcting an error regarding the classification of Bitcoin and Ethereum as stablecoins. You're right—Bitcoin and Ethereum are volatile assets, not stablecoins. Stablecoins are designed to maintain a stable value, usually pegged to a fiat currency like the U.S. dollar, as seen with USDT USDC, and others.
Well, one must remember that Bitcoin and Ethereum are extremely risky investment instruments and, therefore, cannot be considered as stablecoins. This is usually some fiat currency, like US dollar in the case of USDT or USDC, and these are known as stablecoins. On the other hand, there is Bitcoin and Ethereum which regularly undergo a volatility test hence attracting a different investment strategy from stablecoins.

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Re: Is this a good time to buy/stake ETH?
« Reply #136 on: September 16, 2024, 01:39:03 PM »

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Re: Is this a good time to buy/stake ETH?
« Reply #137 on: September 18, 2024, 10:33:31 AM »
As of now market condition we see that the Eth/btc still no sign of reversal and real party will start once this pair reverse.

 Both of them have been moving to and fro and no significant changes in their prices as of now - and I think that will continue for sometime probably till next month or end of next month.

My simple take on this is that hold if you have and do dca if you don’t have and if you’re the type that is actively watching the price then you can do scraping and sell some part so as to be able to accumulate more when there is a drop in price.
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Re: Is this a good time to buy/stake ETH?
« Reply #138 on: September 18, 2024, 09:00:43 PM »
As of now market condition we see that the Eth/btc still no sign of reversal and real party will start once this pair reverse.

 Both of them have been moving to and fro and no significant changes in their prices as of now - and I think that will continue for sometime probably till next month or end of next month.

My simple take on this is that hold if you have and do dca if you don’t have and if you’re the type that is actively watching the price then you can do scraping and sell some part so as to be able to accumulate more when there is a drop in price.
I still use DCA to increase my crypto assets until now because I trade to get profit that I can use to buy more coins and I think DCA method is the best method that I can do. We can make purchases by selling some assets when the price is high and buying them back when the price drops, this is also a good way to invest in crypto.
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Re: Is this a good time to buy/stake ETH?
« Reply #139 on: October 18, 2024, 02:56:48 PM »
As of now market condition we see that the Eth/btc still no sign of reversal and real party will start once this pair reverse.

 Both of them have been moving to and fro and no significant changes in their prices as of now - and I think that will continue for sometime probably till next month or end of next month.

My simple take on this is that hold if you have and do dca if you don’t have and if you’re the type that is actively watching the price then you can do scraping and sell some part so as to be able to accumulate more when there is a drop in price.
I still use DCA to increase my crypto assets until now because I trade to get profit that I can use to buy more coins and I think DCA method is the best method that I can do. We can make purchases by selling some assets when the price is high and buying them back when the price drops, this is also a good way to invest in crypto.
This month I did not use the DCA method because the price was too high, it seems like a bull run has started so I saved my profit into top coins and will hold it until next year.
Everyone has a different strategy and I also have my considerations why I do this, because I also want to try the strategy that I will use in this cycle.
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Re: Is this a good time to buy/stake ETH?
« Reply #140 on: October 22, 2024, 06:09:27 PM »
As of now market condition we see that the Eth/btc still no sign of reversal and real party will start once this pair reverse.

 Both of them have been moving to and fro and no significant changes in their prices as of now - and I think that will continue for sometime probably till next month or end of next month.

My simple take on this is that hold if you have and do dca if you don’t have and if you’re the type that is actively watching the price then you can do scraping and sell some part so as to be able to accumulate more when there is a drop in price.
I still use DCA to increase my crypto assets until now because I trade to get profit that I can use to buy more coins and I think DCA method is the best method that I can do. We can make purchases by selling some assets when the price is high and buying them back when the price drops, this is also a good way to invest in crypto.
This month I did not use the DCA method because the price was too high, it seems like a bull run has started so I saved my profit into top coins and will hold it until next year.
Everyone has a different strategy and I also have my considerations why I do this, because I also want to try the strategy that I will use in this cycle.
Indeed, Holding profits in top coins when we feel a bull run has started is something that one can opt for since it helps to provide satisfaction since the value of our investments will remain relatively stable. It is actually always like this, people have their own management style, and in this cycle we can experiment with different approaches. This step proves that we are not relenting on our core strategies but are willing to shift for the market condition which may be changing continuously.
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Offline UNIVERSE

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Re: Is this a good time to buy/stake ETH?
« Reply #141 on: October 22, 2024, 11:47:17 PM »
Well, one must remember that Bitcoin and Ethereum are extremely risky investment instruments and, therefore, cannot be considered as stablecoins. This is usually some fiat currency, like US dollar in the case of USDT or USDC, and these are known as stablecoins. On the other hand, there is Bitcoin and Ethereum which regularly undergo a volatility test hence attracting a different investment strategy from stablecoins.
Bitcoin and Ethereum should be safer than other crypto coins. If you have good knowledge, I think these coins aren't very extreme to hold or to trade. They have clear price history, it is not something difficult to learn. Anyway, stable coins are not for investment, they mostly have stable values. But I think it is not really the same as dollars, stable coins also fluctuate but it is not as significant as other crypto coins. However, I think Bitcoin and Ethereum are the most recommended investment although you assume it is very risky.


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Re: Is this a good time to buy/stake ETH?
« Reply #141 on: October 22, 2024, 11:47:17 PM »


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Re: Is this a good time to buy/stake ETH?
« Reply #142 on: October 26, 2024, 05:36:18 PM »
Well, one must remember that Bitcoin and Ethereum are extremely risky investment instruments and, therefore, cannot be considered as stablecoins. This is usually some fiat currency, like US dollar in the case of USDT or USDC, and these are known as stablecoins. On the other hand, there is Bitcoin and Ethereum which regularly undergo a volatility test hence attracting a different investment strategy from stablecoins.
Bitcoin and Ethereum should be safer than other crypto coins. If you have good knowledge, I think these coins aren't very extreme to hold or to trade. They have clear price history, it is not something difficult to learn. Anyway, stable coins are not for investment, they mostly have stable values. But I think it is not really the same as dollars, stable coins also fluctuate but it is not as significant as other crypto coins. However, I think Bitcoin and Ethereum are the most recommended investment although you assume it is very risky.
For now I believe more in bitcoin and do not have ethereum in my main wallet, which I plan to hold until next year. The altcoins I choose are solana, BNB and TON to hold until next year. because I see that ethereum has started to show less convincing movements, my analysis is to hold until next year.

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Re: Is this a good time to buy/stake ETH?
« Reply #143 on: October 27, 2024, 08:48:20 PM »
For now I believe more in bitcoin and do not have ethereum in my main wallet, which I plan to hold until next year. The altcoins I choose are solana, BNB and TON to hold until next year. because I see that ethereum has started to show less convincing movements, my analysis is to hold until next year.
Why you don't have Ethereum? I don't think Ethereum is decreasing its popularity. If it still can't reach its ATH, it is because there are some factors. Ethereum isn't like meme coins that can increase instantly, Ethereum needs a process to increase significantly. However, I'm sure Ethereum is still the best altcoin, just look at its market cap. The market cap shows how people are involved in Ethereum. Most people still favor Ethereum as their best altcoin investment.


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Re: Is this a good time to buy/stake ETH?
« Reply #144 on: October 28, 2024, 04:09:34 PM »
Ethereum is now expensive and Ethereum is also now very much wanted so Ethereum is very worthy to be bought or staked. Why is Ethereum expensive because Ethereum has a very good level of coin trust from various investors and traders so that in various markets indirectly Ethereum's price increases quickly and expensively. Maybe my advice to buy Ethereum is to wait until the Ethereum price is minus more than -10% so that we can take profit and play it safe (don't buy Ethereum when it's green/rising).
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Re: Is this a good time to buy/stake ETH?
« Reply #145 on: October 29, 2024, 12:56:19 PM »
For now I believe more in bitcoin and do not have ethereum in my main wallet, which I plan to hold until next year. The altcoins I choose are solana, BNB and TON to hold until next year. because I see that ethereum has started to show less convincing movements, my analysis is to hold until next year.
Why you don't have Ethereum? I don't think Ethereum is decreasing its popularity. If it still can't reach its ATH, it is because there are some factors. Ethereum isn't like meme coins that can increase instantly, Ethereum needs a process to increase significantly. However, I'm sure Ethereum is still the best altcoin, just look at its market cap. The market cap shows how people are involved in Ethereum. Most people still favor Ethereum as their best altcoin investment.
Altcoins like Ethereum still dominate the alt investing market due to overall continuing public interest and a constantly stable market capitalization. However, unlike meme coins that can spike up their prices and result to ATH in a short span of time, DOGE has elements that affect its growth process though it has not reached ATH. Ethereum keeps on expanding gradually making those investors to be more confident about Ethereum potential as the best altcoin investment asset for the long run.

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Re: Is this a good time to buy/stake ETH?
« Reply #146 on: October 29, 2024, 05:29:32 PM »
Quote
Is this a good time to buy/stake ETH?
The first time Bitcoin hit $70k there was Ethereum (ETH) at $4,000.
 The second time Bitcoin hit $70k there was Ethereum(ETH) at $3,900.
  The third time Bitcoin hit $70k there was also Ethereum (ETH) at $3,300.
  Now Bitcoin is hitting $70k again here Ethereum (ETH) is down to $2,500.

Not only that, Bitcoin is currently at $72704 but Ethereum is at $2655. I can't understand anything right now by looking at the position of ethereum.

However, given the current market conditions of Ethereum, it seems that Ethereum may not be able to recover. I still held an Ethereum but the position I bought and held Ethereum with a small amount of profit. If I had invested in bitcoins instead of ethereum when I bought ethereum, I would have had much more success in my bitcoin investment today. I don't advise anyone to invest in Ethereum right now because the Ethereum market doesn't follow any equation right now.
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Re: Is this a good time to buy/stake ETH?
« Reply #147 on: October 29, 2024, 10:26:27 PM »
For now I believe more in bitcoin and do not have ethereum in my main wallet, which I plan to hold until next year. The altcoins I choose are solana, BNB and TON to hold until next year. because I see that ethereum has started to show less convincing movements, my analysis is to hold until next year.
Why you don't have Ethereum? I don't think Ethereum is decreasing its popularity. If it still can't reach its ATH, it is because there are some factors. Ethereum isn't like meme coins that can increase instantly, Ethereum needs a process to increase significantly. However, I'm sure Ethereum is still the best altcoin, just look at its market cap. The market cap shows how people are involved in Ethereum. Most people still favor Ethereum as their best altcoin investment.
Ethereum is still the best coin from ALtcoin because it ranks 2nd in CMC, this is proof. but we see solana and TON also have quite high popularity at this time and BNB which is always supported by binance always maintains its position and price. Actually we can diversify these coins.

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Re: Is this a good time to buy/stake ETH?
« Reply #148 on: October 29, 2024, 10:48:21 PM »
Ethereum is still the best coin from ALtcoin because it ranks 2nd in CMC, this is proof. but we see solana and TON also have quite high popularity at this time and BNB which is always supported by binance always maintains its position and price. Actually we can diversify these coins.
And it will remain as the best altcoin in the crypto market, outside of technological advances, features, and others. But when it comes to market cap, there is no doubt that ETH is still the target and the top altcoin. People's trust in Ethereum is like Bitcoin, so far, even though Solana or BNB may be considered as good and growing altcoins, they still can't replace ETH's position, because ETH is a much older coin and its trust is based on a fairly high value, so it will be quite difficult to surpass.

and for staking, it's actually not a problem and can be one way when from the beginning bearish holding on Ethereum, by positioning it on a top exchange or platform to be more trusted and safe. and in the end you can get rewards according to the provisions. The question is whether it is worth it or not, the more ETH and the longer the holding or staking, the more rewards there will be.
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Re: Is this a good time to buy/stake ETH?
« Reply #149 on: October 30, 2024, 01:29:48 AM »
Ethereum is still the best coin from ALtcoin because it ranks 2nd in CMC, this is proof. but we see solana and TON also have quite high popularity at this time and BNB which is always supported by binance always maintains its position and price. Actually we can diversify these coins.
Ethereum is still the king of altcoins; yet, Solana, TON, & BNB have prospects becoming stronger. Investing in different coins which have some promising fundamentals is a reasonable measure to capture value from each project that is still advancing.

Since all these coins are popular and are backed by big communities, it increases our chance of getting steady growth from them. Based on the development of each asset, it becomes possible to maximize the revenues concerning market fluctuations.
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