This week Ethereum has increased 23.90% but is still under $4K. Bitcoin has crossed the $50K price or is already at $51K and is almost heading towards $52K. Data-wise, Ethereum is not keeping up with the effects of Bitcoin's rising price and I'm not sure Ethereum will hit $5K later this month but I'm aiming for $5K by the end of the year.
Could you share more information that support your opinion that "Ethereum is not keeping up with the effects of Bitcoin's rising price", because afaik Ethereum usually follows the rising effect of Bitcoin's rising. The data can be seen on the coinmarketcap website. Logically what happened this year when the price of Bitcoin had reached $52K, the price of Ethereum was still at $3.7 and $3.8. Then you can also compare when the highest price of Bitcoin occurred this year was how much Ethereum was at that time. To me that's a rare occurrence in the crypto space.
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For a country where there are not many people doing crypto transactions, I think gold is a good asset to keep as savings outside of a cryptocurrency portfolio. I make gold as an investment outside of crypto because its value is not much different from the top coins in crypto and is very suitable to be used as a long-term or short-term investment.
If your nation doesn't have too many crypto people then it is even better to be in crypto. It means that while others are not making the similar amount of money as you, you will be able to rake in profits in crypto. Plus if you want to do p2p then you could be the person people go to and can make as much as 10% from the transactions as well, meaning you will get to make 5k+ profit from each bitcoin transaction. It is really a great way to get ahead of everyone in your nation, I live in a nation with a lot of crypto people, and even I am doing fine because I got in a lot earlier than they did, way before people even know what crypto was, so I am doing very well compared to rest of the nation. Good advice to implement in a country that doesn't use crypto much. You look like a reliable economist. But I'm not saying that my country doesn't do a lot of crypto transactions but that it's a country that doesn't do much crypto. In my country, almost everyone's trading activity is involved. But I still make gold a good asset to keep because its value is stable and can increase.
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USDT. It's a trusted coin in my opinion right now at $1. Tether is one of the most stable coins in the market since it appeared on the crypto market in 2016 and the price I saw on the coinmarketcap charts never crossed $1. Please be careful https://coinmarketcap.com/currencies/tether/
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This week Ethereum has increased 23.90% but is still under $4K. Bitcoin has crossed the $50K price or is already at $51K and is almost heading towards $52K. Data-wise, Ethereum is not keeping up with the effects of Bitcoin's rising price and I'm not sure Ethereum will hit $5K later this month but I'm aiming for $5K by the end of the year.
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Putting everything into crypto for me is not the right thing to do. It's a good thing to divide the coins of several groups in a portfolio and many have had success doing so. In common sense, what will we use when we need money suddenly if we put everything in there. At least there should be savings as an alternative when we need it.
Yeap, putting everything into crypto it's not an good choice as you said and maybe splitting it by buying some stocks and make an good portfolio, people need to manage their money wisely but divide it to long-term or short-term investing beside that savings money for urgent situation, We never know when we need money so it's good choice to put some money on savings especially on bank, Beside that gold it's another good choice since it can easily to convert on any place. For a country where there are not many people doing crypto transactions, I think gold is a good asset to keep as savings outside of a cryptocurrency portfolio. I make gold as an investment outside of crypto because its value is not much different from the top coins in crypto and is very suitable to be used as a long-term or short-term investment.
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Putting everything into crypto for me is not the right thing to do. It's a good thing to divide the coins of several groups in a portfolio and many have had success doing so. In common sense, what will we use when we need money suddenly if we put everything in there. At least there should be savings as an alternative when we need it.
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There will be 2 uncertain answers regarding the price of Ethereum $10K because the events that will happen in cryptocurrencies can be beyond prediction. But for the next few years I think it's hard to hit $10K. Right now, the way to $5K is still in an extraordinary stage.
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Solana will look good in demand among crypto enthusiasts. The coin from the Solana Ecosystem that will be in high demand in my opinion is Coin98 and that is inseparable from the development of the Ethereum network. Currently the data shows trading volume as much as 45% even though Solana already has its own blockchain ecosystem.
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Because I don't have the capital right now to invest in Bitcoin. Investing in altcoins is one of the choices that must be made to gradually accumulate capital in order to be able to invest in Bitcoin. Investing in Bitcoin is more enjoyable because it is full of surprises and Bitcoin is a definite asset.
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In a nutshell the price of Ethereum in January 2022 is $4,500 in my opinion... My bottom line says Ethereum is $4,500 in current market conditions. What you need to remember, this price prediction. Okay
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That's the greatness of Bitcoin that we have to admit that it works with person-to-person technology without a central authority and that greatness is what worries many people about Bitcoin. If I were to look at the Bitcoin price at the end of the year on the $55.0K chart. I didn't mention like the highest price ever this year was $63K.
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the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.
considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
I predict, the price of Ethereum will be $4K in the next week. I've also heard firsthand what many people around me are saying that this week Ethereum will hit $3K, but right now, the price of ETH is changing or rising from what they say.
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As of the time of this thread creation, the Ehtereum price is $2,580, which shows a gain of 3.21%, as the Bitcoin price plumbed to $37 before recovering to above 38k at the moment. This indicates Ehtereum continued to rise in price over the last week when Bitcoin made a $42k stop. As the Ethereum network prepare for another hard fork on the 5th of this month lots of analyse including myself think that we are heading for another ethereum bull market.
Ethereum keeps pumping and today the price of Ethereum is $3,140K according to the coinmarketcap site. That price in my opinion will continue to increase and will stop at $4K. I'm sure of it.
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Does BTC act like gold in the fiat market?  I don’t understand why this currency is still mainly on the cryptomarket. If we take the top 2 ETH, then this token has a huge technological potential with its ICO, NFT, DEFI also has multiple cross-chains that expand the ETH ecosystem. What keeps BTC so high? If we speak openly, then BTC has no role in itself, it's just a dummy compared to other technologies on the other crypto P.S. This is my opinion I just want to know What makes BTC so high is because of the greatness that is in Bitcoin. For me, Bitcoin has a role for others, maybe you also know why Altcoins are in the crypto space. If we already know the cause of Altcoins in crypto, that's the answer to why BTC is great.
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For me, that had to be Ripple. I traded for 100%+ thrice and still holding a position at $0.40. My next coins are:
1) Ripple 2) ADA 3) Bitcoin 4) Ethereum
What's yours?
My current coin is Ethereum. For me the profit that can come to me this year is in Ethereum, so all the coins I sell and the proceeds from the sale of all the coins I keep in Ethereum. For today alone, I've made a 30% profit on Ethereum and I'm still holding on to it.
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There are so many options for you to bet tokens at now. In my opinion, the trend of coins in the market today gives us many choices. This happened because of the influence of the rising prices of Bitcoin and Ethereum. Like Polkadot and other networks like BSC it's worth betting on.
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There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin also overtake binance.
Binance Coin is very difficult for other coins to overtake at the moment, including Litecoin. I see the movement activity of Binance Coin is very good. Currently I also see almost all projects using the binance smart chain blockchain.
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Whether or not digital currency is worth investing in, I think, depends on one's level of confidence. Because, investing in cryptocurrencies has a greater risk than investing outside of crypto. Again I say, worth it or not, it depends on one's will.
Investing in digital currency is a smart choice for someone, apart from being able to monitor the market movements of investing in currency, we are the ones who manage it ourselves. Therefore, I think your statement is not correct. investing in digital currencies has little risk if one is not smart in analyzing and reading market charts. My statement is wrong? For me it's reasonable, because my level of ability is below yours. However, if you say that investing in cryptocurrencies carries little risk, can you prove it? I also think, that anything is possible in crypto. It could be that today and the next few months the crypto trend continues to increase, will that provide a guarantee? Not necessarily in my opinion. Therefore, I said in my statement above that it is worth or not to invest in crypto depending on one's will. I think you are right? It all depends on each person in making a decision whether it is worth it or not. The concept I learned in investing is that the greater the risk, the greater the income we will get. What makes me say you are right on this topic is the level of assurance we will get. No one will dare to give a guarantee in investing, let alone in crypto.
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Will go for a cryptocurrency that is more decentralized and safer than Bitcoin. And I will certainly pay attention to the kind of developers that handle the cryptocurrency. It's actually a really bad idea to use a less decentralized cryptocurrency if you understand what is coming. Better to just stick to fiat currency. So, consider the ideals(like decentralization, transparency, immutablity censorship resistant, etc) first before investing. Always remember the purpose of cryptocurrency or atleast know why Bitcoin was created by satoshi, so you don't take big risk in Crypto space
I think the level of security of decentralized cryptocurrencies is the same as bitcoin, considering that every risk that occurs starts based on what we are doing today, we can maximize that risk by using a certain pattern, meaning that there is no form of investment that does not involve risk. What small chance do you mean, my friend? The Bitcoin hype is currently being discussed, this could be the last chance for Bitcoin to survive in crypto. There are also some who say, when Bitcoin has reached its peak level, Bitcoin will end. That means, there is no guarantee for the next 5 or 6 years.
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