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Author Topic: What looks like a bad investment but it is Not  (Read 479 times)
Ghondronk
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December 01, 2020, 10:33:28 AM
 #41

Investing on a stable altcoin like Ethereum is somewhat low risk investment, compared to others. Few years back it went pass USD 1000 but later with the collapse in the market, it came down to USD 150 as well. Now with the new boom it can be expected to reach USD 1000 or more in next few months. Therefore, your investment on ETH will not be a in a vain.

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cryptogod322
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December 01, 2020, 11:49:09 AM
 #42

Don't worry, I also just bought Ethereum at $ 550 and $ 600. Only growth awaits him soon, and there are many prerequisites for this. Considering Ethereum 2.0 as well, I predict its price of $ 1,000 by the end of December.

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December 01, 2020, 01:12:19 PM
 #43

Ethereum and Bitcoin are such a great investment, it might not be the best if you put all your funds in it since the volatility might scare you, but overall it's a strong investment for a long-term cause eventually it will rise. Popular Crypto is a great investment this year as we can see on the price changes.

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IkonaDro4ku
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December 01, 2020, 01:31:04 PM
 #44

the market is now on the rise and only on this basis it can be argued that you made a good purchase. Ethereum has a great future and sooner or later the price will reach your current expectations and if you are still ready to wait, then you will definitely earn Wink
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December 01, 2020, 01:42:26 PM
 #45

Don't worry, I also just bought Ethereum at $ 550 and $ 600. Only growth awaits him soon, and there are many prerequisites for this. Considering Ethereum 2.0 as well, I predict its price of $ 1,000 by the end of December.
Your courage deserves a lot of thumbs up, you really dare to take risks for the sake of profit, indeed now many people are considering Ethereum 2.0 because this is a good step for Ethereum, but I hope you don't get complacent because of this, always be aware of risk even though it's at the end of the year.
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December 02, 2020, 10:32:17 PM
 #46

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

You don't need to worry, I suggest you better still hold for Ethereum that you have, because I see 2020 is a good year to invest in cryptocurrency (market cap is increasing very high from last year), so I'm sure the price of Ethereum will definitely continue to increase and of course this will give you profit by investing in Ethereum, then my advice is that you better hold your Ethereum until the price increases (according to my predictions by the end of 2020, it is possible for the price of Ethereum to increase by over $700).

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December 02, 2020, 10:43:12 PM
 #47

You have only two options, one of them is to keep holding. On long run currencies like ethereum and bitcoin must show good results.  Your situation is similar to those people who bought bitcoin at 19,000$ or 20,000$ and are holding by now expecting the price increase, so they can finally recover their investment after some years.
Crypto currency is a good investment since you can wait for a long time and of course, since you pick the most reputable currencies of the market.

The second option would be to invest your eth in a trustful platform to receive passive income from it. The returns probably won't be high, but at least it's already something while you let your money idle.

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December 03, 2020, 06:00:35 PM
 #48

I think a good investment is one that makes a profit,we don't have the ability to make accurate predictions,so we can not sell at the top point,with good luck might be we could one or twice sell at the top point,but that just luck.
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