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Author Topic: How to buy Ethereum in August 2024?  (Read 4960 times)

Offline LUCKMCFLY

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Re: How to buy Ethereum in August 2024?
« Reply #45 on: September 23, 2024, 04:43:38 PM »
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.
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Re: How to buy Ethereum in August 2024?
« Reply #45 on: September 23, 2024, 04:43:38 PM »

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Re: How to buy Ethereum in August 2024?
« Reply #46 on: September 24, 2024, 08:04:26 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.
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
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Re: How to buy Ethereum in August 2024?
« Reply #46 on: September 24, 2024, 08:04:26 PM »

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Re: How to buy Ethereum in August 2024?
« Reply #47 on: September 26, 2024, 01:20:38 AM »
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.
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Re: How to buy Ethereum in August 2024?
« Reply #48 on: November 05, 2024, 10:44:58 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.
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.
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Offline vegasus

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Re: How to buy Ethereum in August 2024?
« Reply #49 on: November 05, 2024, 11:01:15 PM »
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.

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Re: How to buy Ethereum in August 2024?
« Reply #50 on: November 06, 2024, 04:15:41 AM »
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.
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Re: How to buy Ethereum in August 2024?
« Reply #51 on: November 06, 2024, 10:20:39 PM »
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.

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Re: How to buy Ethereum in August 2024?
« Reply #51 on: November 06, 2024, 10:20:39 PM »


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Re: How to buy Ethereum in August 2024?
« Reply #52 on: November 08, 2024, 11:14:59 PM »
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

 

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