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Author Topic: Buying more Ethereum could lead to greater profits !  (Read 16013 times)

Offline Aanuoluwatofunmi

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Re: Buying more Ethereum could lead to greater profits !
« Reply #30 on: November 01, 2024, 11:28:59 PM »
Not only ethereum do we have to buy and hold to make profit, we could do same on other coins and tokens and take the risk, if a coin is of high reputation, then there's nothing bad if we can just manage  to invest and hold, though many have been lately complaining about the performance of ethereum for not making an all time high, though it could have it's own reason, but it investors are more of seing it than where it was.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #30 on: November 01, 2024, 11:28:59 PM »

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Re: Buying more Ethereum could lead to greater profits !
« Reply #31 on: November 02, 2024, 11:36:45 AM »
Not only ethereum do we have to buy and hold to make profit, we could do same on other coins and tokens and take the risk, if a coin is of high reputation, then there's nothing bad
bitcoin and ethereum are the biggest coins based on market capitalization so they are considered the most safe and secure to invest in but it doesn’t mean nothing can go wrong already you still definitely can lose your money badly if you do something wrong
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if we can just manage  to invest and hold, though many have been lately complaining about the performance of ethereum for not making an all time high, though it could have it's own reason, but it investors are more of seing it than where it was.
the reason is because of bitcoin not doing so well the past few months but as we can see the market is now on the rise and our efforts will be now rewarded

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Re: Buying more Ethereum could lead to greater profits !
« Reply #31 on: November 02, 2024, 11:36:45 AM »

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Re: Buying more Ethereum could lead to greater profits !
« Reply #32 on: November 02, 2024, 08:48:47 PM »
And for Ethereum, it becomes one of the best altcoins that we can put our money on it, because this is one of the top trusted coins in the market cap.

There are a lot of things to learn when we first venture on our crypto journey. But I will say that it could be either Ethereum or Bitcoin for us since they are the two best coins in the market.
Both Ethereum and Bitcoin have their own place in the crypto space, which is beyond doubt. It just takes caution when to take buy and sell positions so as not to miscalculate. and how we try to secure assets while storing them.

This is a very important factor and also readiness before starting to invest. because investing, we trust our money on it, and we should be much more careful to put our money,
Before we begin making investments, we have to appreciate the fact that selecting coins requires a lot of prior work and should not be swayed by impulsive buying due to a hearsay hype.
Because the fact is, not all altcoins are worth it for holding or investing. Many hype coins cause FOMO, and many coins listed on exchanges are actually unable to survive during the bearish period. and many altcoins listed on exchanges are unable to return to their previous ATH and in the end can only survive in the market without good price developments. This also needs to be watched out for because our money could be stuck in these coins or even lost. Because once again our goal in investing is to take profits.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #33 on: November 02, 2024, 09:18:26 PM »
Not only ethereum do we have to buy and hold to make profit, we could do same on other coins and tokens and take the risk, if a coin is of high reputation, then there's nothing bad if we can just manage  to invest and hold, though many have been lately complaining about the performance of ethereum for not making an all time high, though it could have it's own reason, but it investors are more of seing it than where it was.
Don't only buy coins based on their popularity or their reputation! It is better to do a research to know the updated information about the coins. We also must analyze deeply the fundamentals. Dogecoin and Shiba Inu are popular altcoins but I don't invest in them because they have weak fundamentals. I'm not sure to invest in meme coins even if they are very popular nowadays.


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Re: Buying more Ethereum could lead to greater profits !
« Reply #34 on: November 02, 2024, 09:44:52 PM »
Don't only buy coins based on their popularity or their reputation! It is better to do a research to know the updated information about the coins. We also must analyze deeply the fundamentals. Dogecoin and Shiba Inu are popular altcoins but I don't invest in them because they have weak fundamentals. I'm not sure to invest in meme coins even if they are very popular nowadays.
This reminds me of some old coins that used to be very popular but in recent years they have been left behind. Altcoins like XRP, ADA, IOTA, POL, DIA, LTC, BCH, and many more altcoins that were once considered to be big, in the end now cannot develop very significantly. Luckily they are still in the top 100 coins because their market cap is quite high, it's just that their price development is very low and they have not been able to strengthen again after falling badly in the previous bearish era.

And this also applies now, we also have to be more careful when putting our money in new coins that are quite popular. It is better to stick to old coins, but those that already have a high market cap and ongoing project development. BTC, ETH, and BNB are the 3 main coins that I personally always hold and believe they can still survive in various market conditions.
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Re: Buying more Ethereum could lead to greater profits !
« Reply #35 on: November 03, 2024, 01:30:40 PM »
Before deciding to enter crypto investment, of course we must learn first. One of the things we must learn is determining the right time to buy crypto coins, any coin including Ethereum.
So that in making the decision we are not wrong, and of course with that decision there is great potential to gain profit.
This is a very important factor and also readiness before starting to invest. because investing, we trust our money on it, and we should be much more careful to put our money, otherwise, we ourselves will lose the money. so make sure that our decision to take the coin before investing must be really mature and thought out wisely. Not only because of the FOMO coins that are currently hyped that can actually cause big losses because of the very high risk of the hype cone or the like. And for Ethereum, it becomes one of the best altcoins that we can put our money on it, because this is one of the top trusted coins in the market cap.
I found a lot of news about people disappointed with Cryptocurreny because the coins they bought did not give profit, but instead made a loss.
They do not want to learn but just follow what is Hype. While in Cryptocurreny it is not that simple, it takes time and a long process for us to be able to trade, invest properly here. Wrong step, wrong decision then our money will be lost.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #36 on: November 03, 2024, 03:21:29 PM »
I think it would be good for us to take advantage of the increase in the price of Ethereum,and buy as much as we can by waiting until it reaches a high price,I am sure that ETH Will reach a high price in the future

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Re: Buying more Ethereum could lead to greater profits !
« Reply #36 on: November 03, 2024, 03:21:29 PM »


Offline vegasus

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Re: Buying more Ethereum could lead to greater profits !
« Reply #37 on: November 03, 2024, 09:44:20 PM »
This is a very important factor and also readiness before starting to invest. because investing, we trust our money on it, and we should be much more careful to put our money, otherwise, we ourselves will lose the money.
I found a lot of news about people disappointed with Cryptocurreny because the coins they bought did not give profit, but instead made a loss.
They do not want to learn but just follow what is Hype. While in Cryptocurreny it is not that simple, it takes time and a long process for us to be able to trade, invest properly here. Wrong step, wrong decision then our money will be lost.
Well, the problem is, it's not the cryptocurrency that's wrong, but the person. Yes, because they are really blind in choosing coins and finally they lose themselves, when that happens, they end up suffering a big loss, because it is indeed their own carelessness and stupidity in choosing coins, and how they underestimate the basic knowledge that they must have before investing in cryptocurrency.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #38 on: November 04, 2024, 04:08:38 PM »
This is a very important factor and also readiness before starting to invest. because investing, we trust our money on it, and we should be much more careful to put our money, otherwise, we ourselves will lose the money.
I found a lot of news about people disappointed with Cryptocurreny because the coins they bought did not give profit, but instead made a loss.
They do not want to learn but just follow what is Hype. While in Cryptocurreny it is not that simple, it takes time and a long process for us to be able to trade, invest properly here. Wrong step, wrong decision then our money will be lost.
Well, the problem is, it's not the cryptocurrency that's wrong, but the person. Yes, because they are really blind in choosing coins and finally they lose themselves, when that happens, they end up suffering a big loss, because it is indeed their own carelessness and stupidity in choosing coins, and how they underestimate the basic knowledge that they must have before investing in cryptocurrency.
Sometimes they want to get big profits instantly, hearing people get a lot of money from Crypto immediately tempted then decide to enter crypto without learning first.
And that is a big mistake, even more wrong they say crypto is a scam or anything bad about crypto.
It is also important for us to educate them, if they are really new to crypto and want to be informed. But if not, let them suffer the consequences.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #39 on: November 04, 2024, 07:00:25 PM »
I think it would be good for us to take advantage of the increase in the price of Ethereum,and buy as much as we can by waiting until it reaches a high price,I am sure that ETH Will reach a high price in the future

Where is the increase in price that you are talking about or you mean the potential increase in price? The team has recently release a new road map about Ethereum, the new things to expect and some of the updates that will be coming to ethereum. If those things are done to the ethereum network, we are going to see some changes in the price in the upward direction.

However, the market will determine this. If the ethereum has some update later and it look bullish but the market sentiment is bearish, then you should expect the same movement where the market is going and nobody can tell, let's just hope Bitcoin doesn't disappoint.
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Re: Buying more Ethereum could lead to greater profits !
« Reply #40 on: November 04, 2024, 11:07:09 PM »
Sometimes they want to get big profits instantly, hearing people get a lot of money from Crypto immediately tempted then decide to enter crypto without learning first.
And that is a big mistake, even more wrong they say crypto is a scam or anything bad about crypto.
It is also important for us to educate them, if they are really new to crypto and want to be informed. But if not, let them suffer the consequences.
Yep. Some beginners don't focus on learning firstly, they hurry to get profits as big as possible. Sure, they are likely motivated by other people. They may see successful traders or successful investors. They don't know that the successful people need a long process to reach their achievements in crypto. 

I agree that it is a big mistake. People who have no proper knowledge, they can easily get scams or fail to make the right decision. If they do it with random ways, the result won't be as expected. So, learning is a must, ideally newbies/beginners won't think suddenly about achieving profits as big as possible.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #41 on: November 05, 2024, 05:11:40 PM »
I have been researching Ethereum price charts in an effort to spot more buying trends. It has the potential to increase in value enough to entice me to buy more. The price of every cryptocurrency is on the rise ahead of the US election and Ethereum is expected to rise even more.

What is your advice?


At present, the situation of Ethereum is not very good, when Bitcoin reaches $70k again, Ethereum could not reach 2500 dollars. At the moment we have seen Bitcoin reach $70,000 but Ethereum is moving back down to $2,470. In the current state of Ethereum I do not want to give any advice to invest in Ethereum and I do not want to buy and invest in Ethereum but the price may rise in the future but in the current state I do not expect much. Many are speculating that Ethereum will break the $3,000 mark this month or in 2024, with everyone doubting it. But according to the price of Bitcoin, the price of Ethereum should be around $5000 at the moment because it is not difficult to stay at $5000 as the second largest cryptocurrency in popularity.
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Re: Buying more Ethereum could lead to greater profits !
« Reply #42 on: November 05, 2024, 07:18:51 PM »
Not only ethereum do we have to buy and hold to make profit, we could do same on other coins and tokens and take the risk, if a coin is of high reputation, then there's nothing bad if we can just manage  to invest and hold, though many have been lately complaining about the performance of ethereum for not making an all time high, though it could have it's own reason, but it investors are more of seing it than where it was.
But i think Ethereum is safe for Hold from others coin. Ethereum is Best coin there has no doubt. We know Ethereum's position 2nd on cryptocurrency market. And it is safe coin. If anyone want to buy and hold Ethereum i think still has thats situation.

We know previous bull session Ethereum price touched new ATH. Now Ethereum price is still low. I think it is good time to buy and hold Ethereum. Because now Ethereum price $2450. Future bull session Ethereum price will touch minimum $5k.
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Re: Buying more Ethereum could lead to greater profits !
« Reply #43 on: November 05, 2024, 11:42:44 PM »
Sometimes they want to get big profits instantly, hearing people get a lot of money from Crypto immediately tempted then decide to enter crypto without learning first.
This is often their mindset, they only see other people's success, the results, without understanding their struggle. That's why they always see that investing or trading in crypto will always provide success, like the people they see. And this makes them very motivated to trade or invest in crypto in order to get multiple profits instantly and quickly. And what's worse, they hope to get rich overnight while they don't have any understanding of crypto, just get in. This can actually kill them.

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Re: Buying more Ethereum could lead to greater profits !
« Reply #44 on: November 06, 2024, 05:46:29 AM »
I personally think Bitcoin is still incomparable with any other coin, including Ethereum. Bitcoin has no competitor, Bitcoin is the most unique crypto coin.

As for me, Bitcoin remains to be unbeatable among the top coins we have in the market. However, as a good investor, it is good to spread one's eggs in some basket and not just one. One thing for sure with Ethereum is one has to make the good timing...when there is a good dip one should take the opportunity and when there can be a new ATH then there can be a good opportunity to make some profits. After all is said and done, I am a strong believer in both Bitcoin and Ethereum as the prime star players in the cryptocurrency industry.

 

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