Bitcoin Forum

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

No one can really say whether you make the right investment or not. You have decided that you will invest on Ethereum so be it, you don't have to regret something that you decide for yourself.

Besides, it seems that you only invest what you can afford to lose so I wouldn't say that there is a mistake on it. As for bitcoin, yeah it seems that it has taken over the market valuation, 70% dominance and with a new all time high every time? that's big.

Your price target for ETH is only realistic when we'll see another altcoin season. But when will the Bitcoin dominance decrease and altcoins pick up pace? That's the big question. Right now it looks like only Bitcoin is leading the way and alts cannot follow.

Whether you made a mistake or not depends, in my opinion, on whether you bought ETH with fiat or Bitcoin. If you sold your Bitcoin to get some more ETH, it wasn't very smart imo.

ETH is a great coin so I don't think its a mistake, although you bought on its expensive price hoping that it will continue to go up which I can also say that its possible to happen. Altcoins follows the trend of Bitcoin but there's no specific time for that and maybe, next year will be the best year for altcoins. ETH will make its new ATH in time, just keep on holding and accept the risk you are in to right now.

I think its incorrect to make you own target pricing anything, you can't know exactly.
It can be your strategy, not a target.

There are no mistakes as long as you make money dollar-wise. Surely bitcoin is making more but in the past Ethereum had its moments too. Who knows maybe Eth will be the king-gainer in the future again.

If you believe in the project keep holding your coins.

What you're experiencing now is a classing FOMO.
You believe in ETH, but see BTC mooning and now you're wondering if you made a mistake.
I don't believe you did. Sure BTC went to 27k, and that's probably 2 or 2.5x of what many new investors bought at.
But i believe ETH can go much higher than his ATH, making the investment 5x +

Since it's the ethereum network in question, i don't think we should be talking about a mistake just yet, if you had bought some other alt, then you may prolly have made a mistake, but ethereum is doing very well, and your target isn't unachievable, at least by next year; you should not hold a coin with the thought you made a mistake, as long as you have made a good choice and not invested more than you can afford to lose, then for your mental health, just relax and see how it pans out with the coins you've bought.

The only mistakes here is that, you’re investing with all your money and yet you are questioning your decision as if you didn’t make any research before you invest. We should not too focus on the trend of Bitcoin because its totally different, you’re still lucky that you invested on top altcoins so I can consider this one as not a mistake.

I admire your courage very much. You use all your spare money to invest in Ethereum. Maybe it's just as you said. Ethereum is about to enter the performance time, at that time you will get a very considerable income, but I like to separate the funds and invest in different cryptocurrencies, which will reduce the risk.

ETH price will go higher, for sure. However, right now bitcoin has all attention on the market, alts should wait

You did the right thing, don't be confused because Ethereum failed to increase, it's not altcoin time already, you already said that btc dominance is growing, it shows that Bitcoin still have some powers to surge even higher, all you need is patience, you want your aim to become true? Hold your horses

You didnt make any mistake but the problem is how can you sure about that? This time all of eyes are seeing bitcoin as the most promising crypto to be used as an investment. Ethereum is still stable on the current price but it was losing a lot on the bitcoin pair.
Im in both of bitcoin and ethereum for the long term investment. Ethereum 2.0 can be a good thing to bet on it but the problem is if the trend will always change

Yeah, bitcoin was once again in the hot seat now especially in the topics of bitcoin discussion talking about the market price movement. Bitcoin had been hitting 28K and now back to 27K$. It was surprisingly good and that was the ATH of the moment. Well, we do not know what could happen next, probably bitcoin will hit 30K at the end of the year. 2021 is almost done and the ATH can be determine after the year 2020 end in my opinion.

You see it wrong you never think about the scenario of if Bitcoin decrease other altcoin will also follow and it will reduce its value the same with BTC. The safe place right now for my opinion is in USDT and wait for the correction don't forget that ETH price right now is also the highest price of it for this year so it's not wise idea to buy any crypto if you know it's in peak price.

But if you believe that the price of ETH will go there what ever the price of Bitcoin then you can continue holding it. I just think that this is not the right time since there might be a correction that will follow anytime soon.

If you saw the price of Bitcoin is increasing then you are supposed to invest on Bitcoin right then why you have chosen ethereum and expecting the same growth in it? ETH all time high is $1400 but now it is almost half of it so still a long way to go for your desired target. But it's not good to invest all of your money in one coin.

I don't think you made a bad decision, as long as you invested only in the top altcoins. I also believe that altcoin season is still there and only time will tell, especially with ethereum investing. on the other hand, currently bitcoin is still moving up significantly, and there are times when bitcoin has a correction, and maybe after bitcoin is the next Altcoin.

During bitcoin still dominance you less chance and opportunity with altcoin moment because looking bitcoin raise more than 17% higher price altcoin still down and lower price, just change few percent and waiting for bitcoin down altcoin will allow with bitcoin price for down. I think you need waiting when bitcoin have stable price and move by investor for trade on altcoin and give back dominance altcoin than bitcoin, but we don't when bitcoin have stable price and how long bitcoin keep exist above $27k will reach higher price or going down.

I want to share with you a little secret. If you check historical data and current data you will see ETH price always stays at the same difference with BTC. Like 1 BTC = 32 ETH is the rate that ETH always follows. So If BTC goes up and 1 BTC is equal to lower than 32 ETH then ETH price will definitely go up at some points to match the relation between them. So ETH will go up if BTC goes up.

I don't remember that information not even checked it from CMC that ETH almost reached 4k$ it's almost 1500$ and that's it, while bitcoin

reached 20K$, there's a good sign that ETH will follow and create another pumped. If you do believe that this project will bring decent then

buying at this point is a wise decision to make.

in my opinion you are not wrong if you invest in Ethereum, because Ethereum is one of the best cryptocurrency for now and I also see that the price of Ethereum has started to increase slowly, then of course the price of Ethereum will definitely increase very high and the highest price of Ethereum is $1400, so I believe that the price of Ethereum has a chance to increase higher than $1400.

Stick to your analysis. Eth is now starting to rise, well this is natural because crypto currency number 1 has risen so high that Number 2 also doesn't want to be defeated and certainly goes up. But don't forget to stay tuned for market news and analysis. 1 negative piece of news can mess things up. Because it often happens when there is negative news, will makes investors compete with each other to sell their assets.

You are doing the right thing, because ETH will definitely go up following the price of Bitcoin. But ETH holders must be more patient,
because the increase will not be as fast as Bitcoin. Moreover, based on the results of the analysis that I did, alt seasons might occur in 2021,
waiting for the Bitcoin price to stabilize and its dominance in the market to decline. So don't sell the ETH that you have bought, just wait for
the ETH price to be pumped. My prediction is that ETH will hit a price of $ 1000 by early 2021.

you did not make a mistake, you are right to buy ethereum because ethereum has a strong bull trend than other coins, when compared to other coins ethereum will slightly touch its highest price, this indicates that ethereum price will soon touch new ATH.

I don't see it going down to 50% and I don't see any altcoin will surpass Bitcoin supremacy, not in the next ten years we will have more of Bitcoin in the next five years because adoption is in the hype and I don't see Bitcoin going down, it represents everything great about Cryptocurrency we can support altcoins but Bitcoin is still the coin that will reign.

Nothing can be said in advance whether your decision is appropriate. When Bitcoin dominance will decreases, altcoins dominance will increase. There are a lot of possibilities to fill up your target but no one can sure. We strongly believe that Ethereum such capabilities and potentialities from the perspective of the present situation. I don't think your decision is wrong.

I'm not going to say you made a mistake but if you've seen BTC Domination increase then why don't you invest in BTC? why did you choose ethereum, we all know that the increase in ETH is because it is influenced by BTC but if BTC then ETH will also experience a dump, but we better wait until BTC is more stable, maybe the altcoins season will come

you're the only one who can decide, but i think you made the right choice, i also thought the same (i haven't invested though) i think ETH can reach all time high price, or maybe a little bit under that, but it's up to you to do whatever you want, i wish you all the best.

You even do the right thing to buy it althought at this time, eth currently has increasing $80 from 26 to 28 december. If you invest your money in eth or btc, that's really nothing to worry about, the prices both of them will continue to soar, just need time for that.

As we can see from today's movements, it is clear that you didn't do a mistake. While bitcoin price is no longer 27.75k at the moment, while still high but a bit lower, ethereum price is over 660 dollars as well. I can't really explain to you how much we can promote ETH right now because its going to be one of the best in the long run. This doesn't mean bitcoin will not go up neither by the way, bitcoin could still go up, and maybe it will go up more or less, but that is irrelevant to ethereum price.

I can understand that bitcoin going up could mean eth going up as well, or bitcoin going down could mean eth going down as well, but those are "could" and not "will" which means ETH investment are irrelevant to btc investments. I would say having ETH in your wallet for the next year (2021) will be a great decision and it will go up a lot with eth 2.0 phase 2 so keep them.

Have some guts and patience pal, Ethereum is over 700$ today and I'm sure this is just the beginning, bitcoin dominance is over 65% too, this is a sign that Bitcoin still have alot to show in this bullrun season, it will be wise to hold your Ethereum and fold your arms in waiting

Based on the past price historical data between BTC and ETH it is obvious that once Bitcoin is bullish definitely ETH too will follow the trend , "history repeat itself" you invested in eth appropriately and the right time, Bitcoin is in a bullish runs once the bullish trend runs is sustained with present volatility other notable altcoins like eth, bch and LTC will follow-suit except some few coins like XRP that has not really trended in this bullish runs.

IIRC, ETH reached an ATH almost at the same time as BTC. It's just that right now, what we are experiencing, has reached nowhere near its ATH with ETH but multiple times with BTC. It's just that, as you said, the domination with the market cap is large now, and it's all in BTC. Maybe you have made the right decision, maybe not, but as long as you are taking risk management with the right discipline, you could never go wrong in your decision.

it's better not to put your money or capital in Bitcoin,
because the current price of Bitcoin has reached new ath, of course a correction will occur,
every increase there will be a decline, it's better to buy altcoins, yes and ethereum is a good choice.

In my opinion, it is not a mistake. ETH is the most superior Altcoin to invest in besides bitcoin. Although Bitcoin dominates the crypto market, ETH will also grow as the altcoin season comes. I don't know for sure when the altcoin season comes like 3 years ago. but for sure, the altcoin season is coming and ETH will also increase its value in the crypto market.

There are a lot of mistakes that you did base on my understanding on what you just posted, you said that you allocate all of your money in Ethereum and for me it is bad because there should be proper allocation because it is part of a good risk management; you cannot just buy with all of your buying power because there is a high chance to lose your money in just short period of time. Your entry point has also mistake because you bought Ethereum without any conviction where you just think that the dominance of the bitcoin will decrease. My advise is you should understand the chart very well wherein you know when to enter and when to exit perfectly.

Ahhmm, as far as I am concern, Ethereum's price really pumped hard as well during the last quarter this year. It is currently $700+ and it's not bad at all. Such price is not the problem but you. You didn't made a mistake on investing on it, it is you who are expecting too much. No offense meant. Well, if you really want to hit that target then keep waiting, that's the least thing you can do :D.
You are right somehow but eth is a little bit different among the rest. In my opinion, eth is btc's shadow. So if you may notice, when btc pumps, eth pumps as well.

the decision you make is good or bad has happened, in my opinion the idea to buy ETH is not bad because everyone knows that ETH is the second best altcoin after bitcoin, with the ETH 2.0 program that has started it is not impossible that the price will increase due to staking on the network ETH which makes a small supply circulating on the exchange, which could increase the value of ETH.

Ethereum's price right now is at $722 so right now you have a ~$70 profit per Ethereum that you bought.

Is it a mistake that you invested in Ethereum?? Nope and I think that you are just right on time because right now it is starting to increase already. Looking at its development, Ethereum is on progress with its ETH 2.0 and when that is done price of Ethereum might spike even higher. I believe that there are some investors right now that are holding ETH including me so if you will ask me, there is no mistake on this. Just hold it until you reach your target price :D.

i think you should change your personal text to "I ❤ Ethereum" i'm not really sure about the bull run of the altcoins but i think they would not happen at the moment as i've seen that the bitcoin is not yet ready for crashing and may just having its price correction well i have some ethereum on my wallet for long term investment just in case honestly ethereum is really a good investment too.

For me, its a good move too because today all of the people are just focused with the bitcoin because of the rapid increase and pump to make more income of the volatile still they forgot about the some of the coins like the ETH for the market of it does not set any kind of ATH and also recently I saw a post came from the binance which is the ETH set a new record for another pump.

Also, there are a lot of hoax and rumors about the ETH it will reach up to 1k$ still no one knows. Good luck to your investment for sure you are already sure about the possible risk.

Ethereum is currently doing quite well and they haven't even released a complete update on etheruem 2.0 on the issue of gas fees. I think this will be really interesting, I think the 2 good coins that will shine are Ethereum and Litecoin. both of them have shown amazingly good progress in the past week

Tbh, we can only tell if what you did can be considered as a mistake or not once we get there but I do believe that we will also get altcoin season soon so I have hopes too. As long as you are fine investing the remaining funds you have in Ethereum, I think that's already good and should not consider what you did as a mistake already. Also, Ethereum is slowly increasing now so you can just hold it and wait for the right time.

Don't regret on decision you've made because it was your choice whether your right or wrong because no one can tell what will be the price of each coins you put your money in, we just go on the flow where the volume increases or goes down as long as you can get your money back your you just get your ROI back bitcoin and eth are both good since there are lots of investors who chooses bitcoin / eth too where they can save or earn another profit, since it was a really big huge price increases in both side, we should learn our lesson and be smart next time.

Yes, and what you said is very precise and is almost the case at this point, where the Ethereum token is already priced at $ 724.29 generally in some popular markets, meaning that it is getting closer to the 750 dollar mark.

I’m sure OP is seeing a good profit right now since ETH was able to touch the price of $700 again and that is the top altcoin so no doubt for its future. We all have to take the risk in order for us to become more profitable. Invest with strategy, study when you will sell that holdings and learn to control your emotion because this market will put you on a big test where you need to make decision to become more profitable.

You must be in profit now, good anticipation of Ether price action. I believe we are about to see BTC price correct soon, this whales can't pump the price up forever. Ethereum will hit $1000 but I am not bullish long term on Ethereum because the future is not that clear for now and many competing chain

I think Ethereum is now getting back in its colors and making a comeback by pumping higher every day. If you're not sure about your investment and scared about it, I think you shouldn't invest at first place. If invested, then you should just forget that money and hold till your targets are achieved because I simply suggest the same thing to all my friends that they should just buy and forget that they had such money ever and once their target is achieved, simply withdraw and enjoy the profits. ;)

I think as long as you are gaining profit then it wouldn't be a mistake,
We shouldn't compare the process of success of others to our own success.
Who knows maybe in the next couple of months you would achieve your goals when the price of ETH blooms.

For now you can see it`s already 720+ dollars, so you entered not so late as it could be. You already can take a little profit, but if you are really Ethereum believer you can sell some with profit and continue the hold. I don`t think you made a mistake

Congratulate with your right decision. Ethereum is having a huge price momemtum and I think it's easy to reach 800 USD soon and with its old ATH I think it must more time. BTC dominance is having a sign of slowing and going down and the capitalization of Altcoin is raising, so ETH and big cap Altcoins will be the next for investors pour their capital into.

For me your strategy mate is good but you are putting too much risk for that percentage dip of Ethereum. As we all know Altcoins are known to be dependent on Bitcoin's price. When Bitcoin reach the correction, that 1.5% will be gone and this is a matter of luck for your investments if the price will continue to rise for a couple of weeks or months since in every bullrun we will expect of course the bearish days where almost all Alts will bleed to death.

Eth is somewhat goos as Bitcoin. There is possibly a good spike happening, for sure in the long term investment you can see the price pump. But I feel like there's gonna be a correction from the ATH that just happened. It's maybe a good timing to buy at this moment knowing that from our past experience, correct always happens. But still it will recover, its just that you have missed maybe to buy at the lower price.

I think bitcoin dominance will stay for sure so I would leave like 50/50

Have some patience mate, Ethereum is on its way to 800$ Whether you like it or not, all you have to do is keep holding and wait it out, it's possible that Ethereum will grow over it's old ATH this time around because bitcoin dominance is still very high and yet Ethereum is over 700$ ? What's going to happen once bitcoin dominance starts reducing?

In my opinion you did nothing wrong I vouched for ETH back when it was $11 for 1 ETH , back then I didn't had much to invest so I kept in BTC to grow then when BTC hit 15 grands I pulled and invested in ETH at low value of $80 .
ETH is a good crypto with market cap value of 82 billion next to only BTC, but you shouldn't have invested all  , with BTC still going in upward trajectory with proper monitoring you could have made some more profit from BTC.

Every coin has its time, I think you made the right decision for choosing ethereum, not only its the 2nd coin in the market but I'm sure it will going to surge next year, you just have to wait for its time, I'm very sure you'll be happy with the result, in investing to crypto waiting is really necessary because if you, will panic every time price goes down I'm sure you will not get any profit only loses.

You probably didn't choose wrong, nobody really knows what's gonna happen in the future though.

Altcoin season will come, don't know yet how big is it gonna be (2017 big or less) but it will come. And 'cause of that investing in ETH is probably a good choice.

You could still make more when investing in altcoins different from ETH for altcoin bull but this comes with some risk.

Exactly. No one literally know at first glance if the decision he have made upon investing is in the right or heading into the wrong track because we are dealing on investment with the volatile market. The unpredictability of the market gives no assurance that you are making a right or wrong decision. Once you engage into an investment for sure you have analyze every detail before coming up into a decision. Whatever your decision is, you just have to embody it and just believe on what you have made upon investment. Investment is not always perfect at first time so basically you will have many trials before coming up into a success one.

Better if you worry with price of bitcoin will up you should sell half your assets and keep holding half again because when bitcoin really have the top price you still have chance to sell half your bitcoin assets, but if you sell all when bitcoin reach higher price you always said early to sell why not hold few days later. Now is not time for discussing about should hold or sell bitcoin when you have chance for selling with higher price you should sell and waiting when bitcoin dump to invest again,

You are very lucky to be able to buy ETH for $ 644 and when compared to the current price of ETH, of course, you will have got a 2x profit from your first capital. not everyone can do that, I mean like I personally couldn't take advantage of the previous ETH market situation due to limited capital. maybe if I had the capital at that time it could be at least the same as you, got a lot of profit if I sold it at the current price.

I know right. It's kinda insane that we're gettign back again with Bitcoin as well back to 40k . I don't hold that much in Ethereum so "my ATH" doesn't apply to it just yet.
Bitcoin's really dominating right now and we're kinda eyeing on 50k.
Too soon? or too late? we never know.

Yes, he invested $1.5b. and that's a number big enough to make bitcoin dominance rise. I think maybe bitcoin will never drop below the $30k price level again. but of course, nobody knows about this. btw, congratulations to the OP who got a profit from his Ethereum investment, nice move

Your mistake lies when you think that "when the price of bitcoin goes up, the price of the altcoin also goes up", that's where my thinking is wrong. because in crypto trading it cannot be guided by the movement of bitcoin because all altcoins have their own trends and movements. so my advice to invest in altcoins should not be guided by bitcoin but based on developmental information about altcoin itself.

I think he is right because altcoins will experience an increase in price if bitcoin continues to increase, look when bitcoin is experiencing a landslide, all the altcoins will experience it too. That's why all altcoins don't experience such an outrageous trend if bitcoin is doing well

now you can see the result by moving all your money to ethereum, because you already make more than x3 by buying ethereum at $644
but, i think we need to split our money, not only investing in one asset mate

He still would've been right if he had stayed with Bitcoin too. Bitcoin blew past $57k like it was nothing, doing more than double at the point the OP asked that question. However, I am sure if they had invested the same amount in BNB it would've given a better ROI with the way it went to over $330. I'm just saying, anyway.

the concept is when the price of bitcoin increases why does ethereum go down? what I know is that in crypto there are more exchanges of ETH / BTC or BTC / ETH, maybe this is the reason ETH owners are selling temporarily switching to bitcoin because of the large profits. So it seems like this is happening because of that a lot of people are selling ETH and temporarily switching to bitcoin. after that they will return to ethereum when ethereum is low and they get high profits in bitcoin.

You didnt do anything wrong mate, but dont be greedy and take your profits if you feel enough.
Because market can go to opposite directions so fast, and there will be many people who did mistake.

I don't think so, if you believe in that and if you have determined your target I think this is the right decision.
although now it is not good when viewed from the market but your decision is good considering this is a good decision if you invest there. it would be better if you add your load now (if you still have funds) because now it's a big discount after that you just have to wait for your target because I'm sure your target will be achieved

You did the right decision. I think you have sold your Ethereum because your target was 1000-1100$. Now the price of Ethereum approximately 1900$. It was 2500$ a week ago. If you are still holding then I will suggest you hold it until 4k$. There are many lucky users who bought at the price of 600-700$ and sell 2000$ or may be at 4000$.

There is really no wrong or right decision in crypto. All you have are decisions, and I think that if you were able to make such a good profit out of you investment then you have the right decision. Everything a person has to do if he is going to invest his money in cryptocurrency, is really to do his best to learn the system and study the process, make initial investment mistakes and then learn from these mistakes. It makes you a better investor. Also you have to choose a cryptocurrency and support it all the way.

nope, you are good to place your fund. when the price some coin down, just take it because someday that coin will raise and oass the price before.
what people need is brave to take decision. sometime, we know if it red and that coin hit the bottom line, but we never buy.
never thing about the bottome line, just take when the price red is good enough

wow, bitcoin had 70% dominance when this post started
never again.............

if you took profit from the trades you made and didnt fomo to buy at high, then at this time you would be waiting to buy back lower ad wait for more profits. taking profit cannot be overemphazised without greed.

if only you can check back to see the huge change in your investment. you need o learn the lesson of investment especially in crypto currency. you need to see the long term side of crypto. the possibilty of your investment to change your life within months is high. i can only regret selling off all my token and not when i sold half, use the money to invest and buy more token. i think that is better for me.

do you still hold Ethereum to this day or have you sold it at ATH in april?, when the OP made this post really irrelevant for now. "Are you really sorry for your decision or are you proud of your decision?"

If you haven't sold it by now, the value of your investment has tripled, you bought around $600 while the current price of ethereum is around $1800, this is very profitable and exciting.

maybe OP exceed and expecting more profits that why he miss to sell off and ending up being stuck because its now turn to red.. Indeed if the target price is 1k and you achieve it then it's enough wherein instead of taking advantage the situation because it's still growing.. Actually thats like a trap if you don't sell off,, what i mean you will literally stuck up because when crypto currency breaks an ATH it will fluctuate without any sign because some holders has tend to dump when they all have enough profits.. So its always good too dump as well than exceeding because you don't know what will happen next while the growth rate still growing..

looking very well you knew what you were doing as your instinct have accepted to invest on what you could only afford to loose. if you may regret then today is a very good day for ETH moreover at the peak price, this have really put smiles on your face so i love your courage!

if only you can come back to this post to check the current price. i always tell people that no matter what happen in this crypto stuffs. as long as you did not sell your token. you are in for the long term. hold your token and hold hard. do not sell. then you will reap the reward in the future to come. it is a matter time and your patience. do not panick sell.

depending on what you hold, if you hold Bitcoin, Ethereum, Litecoin, and Monero, yes you have benefited from years of holding,
but what if you hold XRP? and some other coins, you still haven't made a profit, panic selling is also important in a strategy,
you can sell it when everyone panics, and buy again when the price hits the support price

You can include doge as well aside from XRP. These coins are quite risky to hold because one bad or good news, their journey is changed like 180 degrees. So you need to be careful in holding a very risky alt, especially those which are driven by hype and fud. If you want long term, look for alts with strong presence in the market with active use case. Their survival depends on their community supporting it. If they have use case that users can actually use, they have the chance to survive, otherwise, they can easily be dumped by their devs.

I think you have the best decision in investing in etherium because etherium price now is increase. I also invested a little amount in altcoins mostly in etherium and i can say that i gain profits from it. And so to other altcoins that i invested i gain profits not that big like etherium but its ok for me.

He really did a good job but whether it's on bitcoin on ethereum, he's still in profit. People has to take a look somewhere in back just as OP did, the price is still good as much as we want.
Right now Ethereum is on $1900 - $2000 and OP only asked for $1100-$1400 and those prices were already surpassed by the market and he's up with a profit if he's still holding and more if he had sold at the peak $4k.

That must be the advantage of holding for long period and investing only in highly reputed coins. But unfortunately people are right now doing two different kinds of mistakes which are investing into new and unknown coins and then rushing toward booking profits even they have invested into reputed coins. The second cases mostly applicable for the coins like dogecoins and for the first case there might be lots of example everywhere.

To avoid mistakes there are lots of practical approaches are being suggested at every part of this forum but only very few people are following them. My simple advice for everyone to avoid future mistakes, just stick within bitcoin investments but with long-term plans then you never need to worry about the volatile nature of this crypto space.

ATH ethereum now reaches $2000 it looks like you did nothing wrong, and you get a profit of 2x the capital you invested at that time, because a few months ago ethereum made a new ath more than $2000 is now back down, it seems that now is a good time to re-invest in ethereum.

dont be hurry to buy any coins at this moment, market trend still down and if we see price recovery it just temporary in my opinion. maybe waiting weekly candle close will give us clear information about ethereum price in next week. patient is the key for us.

You might regret something that you put on for yourself but you have to accept it at least, just trust the market and it'll eventually trade it off for you.

i do agree with your opinion , we still in unclear direction of cryptocurrency price movement. recently ethereum dumped again , and maybe selling pressure going bigger in this trend. waiting signal confirmation from weekly candle will give us more valid direction for next periode.

although there has been an increase lately, but indeed we must be vigilant, because it can happen like a pseudo trend and after that it will go down deeper again. indeed, by waiting for the candle to form, we will be able to predict the future, even though it seems to be behind the price, but I think this way is safer

There has been a general reduction in the value of most coin and ethereum was not left out. The value did increase to a whooping 4500$ and I'm still positive about the value surging even higher than the previous ATH. I must confess that the bull run lasted for a long time, but I'm still positive about the market making a good run again.

many people on social media say the market will collapse soon some also say the market will build a new pump soon. this is very bad for me. I tried to analyze for myself how the market will move, but look at the last week, we saw how BTC made a dynamic movement that is difficult to predict. pump occurs then corrects again and continues to repeat several times. it's like a game when a lot of news drops bitcoin so there are people who want to take advantage of it.

Never ending scenes inside the market  very usual but difficult to predict,

There are experience traders who manage to earn from shorting this kind of volatility, while for newcomers they've loss a lot
thinking that when there's some hypes it will continue to pump hard, not realizing that manipulation are working and just waiting
for the timing to suck all the money that in stake.

You cannot say you made a mistake
no one can predict whats gonna happen in the future.
but believe me anything that goes down will have a chance to go up
just hodl and wait for it.

we are still ranging and consolidating before market will decided going higher or lower . When we see bitcoin rise selling pressure occur again and push bitcoin price down. looks like market want to reach bitcoin price at 20k before hardly rebound. But in this sideways condition , we can take short trade for taking daily volatility to generate profit. for long term , we must patient waiting atleast till end of year for new ATH or back to past ATH.

They thought that strategy will work for them even if the trend for those coins were already done. Nothing beats the usual investing style of buying reputed coins and having those established coins on their portfolios. That's why even though I saw traders who made money from those new coins.
It didn't gave me a signal to buy it because I'm thinking the time will come that reputed coins will pump and those new coins will have its share to drop.