ethereum etf approved just now

[sampoerna]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Seriously, we really have to be that strong mentally when investing in crypto. That's why there is always advice that use free money that you can afford freely to invest here, not use money that is intended for other daily needs. Because the crypto market is very difficult to predict and constantly changes, especially recently when it has dropped drastically in all aspects.

Yes, it may need time to increase the price significantly. People who expect the new ATH of Ethereum after Ethereum ETF is accepted, they must be more patient because it needs a process.

The approval of the Bitcoin and Ethereum ETF does not necessarily make the prices of both increase significantly. And even Halving too. This is a market cycle that is always not easy to predict.

ETH dropped more than 3%, almost the same as BNB. And it really follows Bitcoin.
So yeah, words of encouragement:
Be patient!

[pieppiep]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Seriously, we really have to be that strong mentally when investing in crypto. That's why there is always advice that use free money that you can afford freely to invest here, not use money that is intended for other daily needs. Because the crypto market is very difficult to predict and constantly changes, especially recently when it has dropped drastically in all aspects.

Yes, it may need time to increase the price significantly. People who expect the new ATH of Ethereum after Ethereum ETF is accepted, they must be more patient because it needs a process.

The approval of the Bitcoin and Ethereum ETF does not necessarily make the prices of both increase significantly. And even Halving too. This is a market cycle that is always not easy to predict.

ETH dropped more than 3%, almost the same as BNB. And it really follows Bitcoin.
So yeah, words of encouragement:
Be patient!

For Ethereum, it's not that important, but a Bitcoin ETF is very important and really needed. The existence of a Bitcoin ETF also triggers traders to buy Bitcoin again and finally print a new ATH in the past. At least this is good news for Ethereum. With this news, whales should also be able to take advantage of situations like this to start the altcoin season and make many altcoin prices increase. But in reality, in the market it seems very difficult for this to happen and current market conditions tend to collapse and stabilize at low prices.

[bounceback]

For Ethereum, it's not that important, but a Bitcoin ETF is very important and really needed. The existence of a Bitcoin ETF also triggers traders to buy Bitcoin again and finally print a new ATH in the past. At least this is good news for Ethereum. With this news, whales should also be able to take advantage of situations like this to start the altcoin season and make many altcoin prices increase. But in reality, in the market it seems very difficult for this to happen and current market conditions tend to collapse and stabilize at low prices.

Bitcoin got large correction after ETF approval and I don't think problem with Ethereum still can't break out to the higher price after few months since ETF Ethereum approval. But get significant increasing price of Ethereum at the early after ETF Ethereum approval announcement and make more higher increasing price than bitcoin, but after large increasing or ethereum drastically pump has opportunity with Ethereum get correction before recovering back to higher price.

Be more patience waiting Ethereum moment return back to the higher price after bitcoin price stable and return back to uptrend moment.

[koang]

For Ethereum, it's not that important, but a Bitcoin ETF is very important and really needed. The existence of a Bitcoin ETF also triggers traders to buy Bitcoin again and finally print a new ATH in the past. At least this is good news for Ethereum. With this news, whales should also be able to take advantage of situations like this to start the altcoin season and make many altcoin prices increase. But in reality, in the market it seems very difficult for this to happen and current market conditions tend to collapse and stabilize at low prices.

ETH ETFs are a huge win for crypto, potentially shifting fund flows and boosting institutional investments.
The ETH ETF will go live on July 2 but SEC Returns Ethereum Spot ETF S-1 Forms for Revisions and Issuers have been asked to submit S-1 amendments by July 8th.
This delay is killing the vibe Eth fam, but we need to cool and prep for July 8
When ETHETF listing, more cryptocurrency enthusiasts will buy and the sooner Ethereum ETF goes live, the faster Altseason comes.

[NikeFit_7777]

Everyone's mind is for the  Ethereum ETF approval to have a mark of the ethereum price. However, let's see how far it will touch the moon during the bull run, whether it will likely see a price close to $10k as some people have imagined

Ethereum ETF approval is a long-anticipated thing, and I have longed for ethereum to have. I am excited it got approved. I am looking forward to when its gas fees are reduced soon enough

Alas or fortunately - no one knows what will happen next. Therefore, in any case, you should diversify your assets + try not to keep everything in one cryptocurrency. Only in this case - it is really possible to achieve success.

P.S. About the gas fee - wait a little time, everything will stabilize, such situations often happen. Now a similar situation is happening with bitcoin - fees have skyrocketed again. 

[doc]

Everyone's mind is for the  Ethereum ETF approval to have a mark of the ethereum price. However, let's see how far it will touch the moon during the bull run, whether it will likely see a price close to $10k as some people have imagined

Ethereum ETF approval is a long-anticipated thing, and I have longed for ethereum to have. I am excited it got approved. I am looking forward to when its gas fees are reduced soon enough

Alas or fortunately - no one knows what will happen next. Therefore, in any case, you should diversify your assets + try not to keep everything in one cryptocurrency. Only in this case - it is really possible to achieve success.

P.S. About the gas fee - wait a little time, everything will stabilize, such situations often happen. Now a similar situation is happening with bitcoin - fees have skyrocketed again. 

Diversification is a good way to reduce risks and increase opportunities in investing in crypto, so we don't put all our money in just one coin. We can buy potential coins such as bitcoin, ethereum, BNB, Solana etc.
Talking about gas fees, we can choose a time when the gas fee is cheaper, because if traffic is high and prices rise of course the gas fee will increase.

[pieppiep]

Everyone's mind is for the  Ethereum ETF approval to have a mark of the ethereum price. However, let's see how far it will touch the moon during the bull run, whether it will likely see a price close to $10k as some people have imagined

Ethereum ETF approval is a long-anticipated thing, and I have longed for ethereum to have. I am excited it got approved. I am looking forward to when its gas fees are reduced soon enough

Alas or fortunately - no one knows what will happen next. Therefore, in any case, you should diversify your assets + try not to keep everything in one cryptocurrency. Only in this case - it is really possible to achieve success.

P.S. About the gas fee - wait a little time, everything will stabilize, such situations often happen. Now a similar situation is happening with bitcoin - fees have skyrocketed again. 

Diversification is a good way to reduce risks and increase opportunities in investing in crypto, so we don't put all our money in just one coin. We can buy potential coins such as bitcoin, ethereum, BNB, Solana etc.
Talking about gas fees, we can choose a time when the gas fee is cheaper, because if traffic is high and prices rise of course the gas fee will increase.

Even though we can overcome the problem in this way, we must remain vigilant because basically Cryptocurrency trading will still have very high risks. Even though we have bought the coins you mentioned above, it does not provide a guarantee that it will always be safe and make a profit. Make sure before we decide to contribute to Cryptocurrency that we use money that is not being used in the near future so that when the price collapses we don't panic too much. So far, the cheapest fuel for transactions is still held by the BNB and Solana networks. But you need to pay attention that not all coins have the same network because usually each platform has its own network.

[doc]

Even though we can overcome the problem in this way, we must remain vigilant because basically Cryptocurrency trading will still have very high risks. Even though we have bought the coins you mentioned above, it does not provide a guarantee that it will always be safe and make a profit. Make sure before we decide to contribute to Cryptocurrency that we use money that is not being used in the near future so that when the price collapses we don't panic too much. So far, the cheapest fuel for transactions is still held by the BNB and Solana networks. But you need to pay attention that not all coins have the same network because usually each platform has its own network.

Good advice, if we use free money which is not used in the near future to meet needs, because we all understand that the crypto market is very unstable, if we don't use free money, this will cause panic, especially money from debt.
Yes BNB, Solana and also TRX are cheap networks for transactions.

[joniboini]

Diversification is a good way to reduce risks and increase opportunities in investing in crypto, so we don't put all our money in just one coin. We can buy potential coins such as bitcoin, ethereum, BNB, Solana etc.

I remember having this discussion on another forum where I argued that diversification in crypto is not that effective because many coins get affected easily whenever Bitcoin pumps or dumps, including those top 10 coins you mentioned. I don't think having their own ETF will change it unless their trading volume can bypass Bitcoin and become more valuable on its own. I still believe this is true. On the other hand, I do agree that you can buy several top coins to capitalize on potential airdrop, taking more risk by spreading your money for small marketcap/top10 coins, and so on.

[doc]

Diversification is a good way to reduce risks and increase opportunities in investing in crypto, so we don't put all our money in just one coin. We can buy potential coins such as bitcoin, ethereum, BNB, Solana etc.

I remember having this discussion on another forum where I argued that diversification in crypto is not that effective because many coins get affected easily whenever Bitcoin pumps or dumps, including those top 10 coins you mentioned. I don't think having their own ETF will change it unless their trading volume can bypass Bitcoin and become more valuable on its own. I still believe this is true. On the other hand, I do agree that you can buy several top coins to capitalize on potential airdrop, taking more risk by spreading your money for small marketcap/top10 coins, and so on.

All coins are affected by bitcoin movements, dude. Even though we are diversifying, if bitcoin experiences a price decline, almost all latcoins will experience a price decrease. This is what makes us as altcoin and bitcoin holders should understand this and not need to panic when the price of bitcoin drops like it is now. Because that's how crypto is, it's always volatile.
Diversifying on top coins, only minimizes losses and can give us the opportunity to get higher profits, if Bitcoin experiences a price increase.

[alltalk]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Indeed. The weak holders will easily sell their coins and quit from crypto investment. People who have no big intention, they will never be patient in crypto investment.

Crypto is having a tough time lately with altcoins bleeding and I think we now need a much slower approach to the market.

You're right. The market is in red for many days, this may last until the next month. The latest news I heard, it is because MT Gox do the repayment to their creditors. MT Gox will send a huge number of Bitcoins to the creditors. The market suddenly responds it, we will red market in the next few weeks.

But I stick to a bullish thesis for 2024 and Trading for ETF ETH starting the first half of July, given the current market state, this could be quite a positive catalyst to spark a run.

I still believe there will be good sign in Q4 of this year. I don't think this market will recover very soon, it will last in the next few months. But I expect the red market will stop in Q4 of 2024. It should be the time for a new rally if we will have another ATH of Bitcoin and altcoins season in 2025.

[nakmantu99]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Indeed. The weak holders will easily sell their coins and quit from crypto investment. People who have no big intention, they will never be patient in crypto investment.

good opinion, and that is the reality that we have seen so far. Those who are weak in being a holder will rush to sell their coins when they feel they have made a profit and panic when the market experiences a decline or correction. Panic selling at a loss and deciding to stop investing, they do not understand the character of the crypto market because it takes experience and knowledge to invest in crypto.

[de_prof]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Indeed. The weak holders will easily sell their coins and quit from crypto investment. People who have no big intention, they will never be patient in crypto investment.

good opinion, and that is the reality that we have seen so far. Those who are weak in being a holder will rush to sell their coins when they feel they have made a profit and panic when the market experiences a decline or correction. Panic selling at a loss and deciding to stop investing, they do not understand the character of the crypto market because it takes experience and knowledge to invest in crypto.

Panic will always exist for those who do not have experience and knowledge in the crypto world, this is true. I, too, sometimes experience momentary panic when the market experiences a sharp correction, but because of my experience I try to think that the market will recover and prices will rise again. This is the benefit of experience in investing.

[pieppiep]

Let the weak hands sell and get out, crypto is only for those who believe and dare

Indeed. The weak holders will easily sell their coins and quit from crypto investment. People who have no big intention, they will never be patient in crypto investment.

good opinion, and that is the reality that we have seen so far. Those who are weak in being a holder will rush to sell their coins when they feel they have made a profit and panic when the market experiences a decline or correction. Panic selling at a loss and deciding to stop investing, they do not understand the character of the crypto market because it takes experience and knowledge to invest in crypto.

Panic will always exist for those who do not have experience and knowledge in the crypto world, this is true. I, too, sometimes experience momentary panic when the market experiences a sharp correction, but because of my experience I try to think that the market will recover and prices will rise again. This is the benefit of experience in investing.

It is standard to feel panic, especially if you are just getting started in the world of crypto. You have the sense that prices are rapidly changing, very much like being on a roller coaster ride. This experience yields what you learn in an entirely priceless way. Realizing that market corrections normally precede a recovery helps to keep you calm and guide you to think strategically about your choices, rather than being swayed by your passing emotions.

The evidence indicates that it is necessary to persist in learning and to retain agility.  It seems that every market movement holds important lessons, which make us better at investing. Having hope in the face of uncertainty is the proper route, and over the long term, that conviction will expand. Please keep sharing your experiences since they can benefit other people traveling a similar path.

[Lucius]

One new record when it comes to ETH - although it does not affect the price too much if we look at the CMC statistics which say that in the last 7 days ETH is in the green just a little less than 11%, which is more than double compared to BTC. It seems that Grayscale and its massive ETH stockpile continues to serve as a counterweight to any positive moves that BTC once witnessed after the spot ETFs approval. Investors simply do not show any enthusiasm for investing in it.

Ether ETFs experienced the largest outflows since July, with over $79 million exiting on Monday. The outflows were predominantly from Grayscale’s Ethereum Trust (ETHE), while Bitwise's ETHW saw minor inflows, highlighting the strength of Grayscale's influence on market dynamics.
Despite an 11% rise in ether due to favorable macroeconomic conditions like Fed rate cuts, the ETF outflows indicate a disconnect between prices and investor sentiment toward ether's future