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In 5 years there will be only 2 major updates of ETH, and in the near future it is a transition to PoS mining, as well as updates of ETH 2.0.
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Now the whole market has fallen by about 20%, it is possible that the fall will continue, but when the market starts to turn around and grow, I think it is worth investing in ETH.
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Apparently ETH will not achieve anything more this year, because ETH simply will not be able to grow on its own when the rest of the market will fall, for ETH to achieve something, it needs general market growth.
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If you look at today's market, you can only dream about the price of $5 for Ripple. This price is possible, but only if the market starts alt season.
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Bad day happen with cryptcurrency when bitcoin and altcoin have lower price together, without bad news and take moment for bitcoin and altcoin have been going down, how long with short time for halving but bitcoin still going down?
Now the market is falling and indeed the crypto is coming on its best days, but I hope that the fall will soon be over and the market will start growing again gradually. |
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Normally, a couple months away from the halving would be a strong buy opportunity, especially after a bit of a dip. The problem is this darn virus, which has the potential of triggering a global recession. If traditional markets tank 30 - 50% that will bring bad days to crypto I'm afraid. Hoping for the best, but I'm worried.
I think that the bad days for crypto have passed and now the crypto market is just gaining strength for further growth, personally I think that in the next 2 years the market will gradually grow. |
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I know how difficult it is to invest altcoin right now, there are 5000 more altcoins listed on coinmarketcap, and of course if new people will have difficulties, I will try to share an altcoin of my choice here, yup Tezoz, Waves, Ethereum, Ferrum is my choice, you can follow it and invest there, I'm sure because the fundamentals of the project are very clear
I think everyone should study the market and choose a coin for investment, because everyone has their own views and preferences, but to me it is better to choose from the top coins. |
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ETH or XRP would be my preference. Both very solid coins, both very under priced. With other smaller coins there is more risk. I think these two are safe enough bets.
Personally, I don't like XRP very much for investing, I prefer to invest in ETH because XRP is not very volatile and I think that ETH will bring more profit. |
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Anything can happen in crypto, I do not rule out the option that this year ETH can grow to $ 1400, but if you look at the graphite, it is very weak to believe in such a strong growth in ETH this year.
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Of course, because outside of the top 50, you can find very interesting coins, but if you choose there coins for investment, as for me, there is much more risk of losing money.
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What would be your target price of Ethereum for 2022?
This 2020 there is an event called halving. The supply of bitcoin will be lessen into half that will affect the current price of ethereum and make it rise up. I am pretty sure that after rise up the investors or holders will probably gonna sell their coin that will cause for ethereum price to dump again. So for 2022, I dont think that ethereum price is good enough to sell. Keep in mind that ETH will also have positive news for the next two years, such as an update to ETH 2.0, and ETH is moving to PoS mining. |
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We only complain about the bad days of crypto but forget that good days will also come, what we need is patience, every coins have their own days apart from scam coins that needs to be avoided at all cost, since no one can predict crypto then what we have left is to wait
It's good that the bad days for crypto are over, so it's worth watching the market and the growth will surely happen over time, the most important thing is to fix the profit in time. |
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Waves now is more suitable just for making a profit, if you invest right at the right time, you can make good money on this coin, I do not see any more prospects so far.
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If ripple was the reason why bitcoin went above $10000 and ethereum trying to test $300 then it could have been the highest venefitor of the recent bullish run but I did not see anything like that. Ripple seem to have lose the memory of recovery and I think it can be the reason why other coins are gaining.
It's clear to everyone that Ripple wasn't the reason for the bullish trend in the market, it even sounds ridiculous, because for the bullish trend at least there should be good volatility and XRP doesn't have it. |
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I don't see any big options on the market for investing in ETH yet, but for me, besides ETH, you need to invest and keep Bitcoin in your wallet.
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To me, I think the reason for such a bad indicator Waves lately is their platform, it is too easy there to make your own token, so their stock exchange has so much skam.
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There are several reasons why ETH will not grow to $1,400 this year, but to me the main reason is the weakness of ETH, so far ETH is weak and simply will not be able to grow to such a high price.
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Of course, for less risky investments, each investor chooses the highest rated cryptocurrencies. Nevertheless, I am considering some coins that are even below the top 50 cryptocurrencies of the cryptocurrency market. The thing is that I have certain beliefs in their prospects and in the possibility of profit in the future, which is based on research projects.
Little-known projects need to be studied very carefully, because among them there are a lot of skam projects, but if you find a really working little-known project, over time you can get a very large profit. |
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Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
It's always profitable to invest in Bitcoin, but it's profitable to invest in alts too, because alts are mostly faster and more profitable than Bitcoin. |
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Everybody should choose their own alt to invest in, but personally I think that ETH is the best option to invest in, because it can be invested both for the long term and short term.
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