Would you enter the market now in ETH ?

[FrenchWoofy]

Hello,

I would like to enter the market of cryptocurrencies.
It's been 2 years since I'm following more or less the cryptocurrencies (I don't know anything, just the trends).

I am thinking of investing 50000€ (1/8 of my savings)
devided like this:
- 1 BTC
- 1000€ in a dozen altcoins
- the rest (majority) in ETH

Would you enter the market now ?
or
Should I skip ETH and just enter the market with the few 1000€ in cheap altcoins and 1 BTC ?

Thank you

[dfd1]

Before investing in ethereum you should understand its price based on agressive media campaign, advertising to people who not familiar with cryptocurrencies and major stake of pre-mined coins what never reached the exchange. There is barely 100000 eth on exchanges despite ethereum have almost 100 million supply. Still, that doesn't mean ethereum will not go up. There is big money involved and some whale(s) who control like 99% of eth at the moment will try to  increase its capitalization as high as possible.

[FrenchWoofy]

Where can I see how much ETH are exchanged at any given moment ?
I only see the marketcap / volume (24h) / circulating supply.

What can I understand with this information ?

[ethersphere]

Before investing in ethereum you should understand its price based on agressive media campaign, advertising to people who not familiar with cryptocurrencies and major stake of pre-mined coins what never reached the exchange. There is barely 100000 eth on exchanges despite ethereum have almost 100 million supply. Still, that doesn't mean ethereum will not go up. There is big money involved and some whale(s) who control like 99% of eth at the moment will try to  increase its capitalization as high as possible.

There's definitely more than 100000 eth on exchanges. Poloniex Cold Wallet + Hot wallet together already have over 4.5 million ethers.
https://etherscan.io/address/0xb794f5ea0ba39494ce839613fffba74279579268
https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88

That's excluding the amount held by services like Coinbase, Gemini or other exchanges like Kraken, Bitrexx etc.

Additionally, people usually withdraw ethers into their own wallets for safekeeping. Exchanges are not 100% secure as we have seen in the MtGox episode.

Ether is one of the most traded cryptos second to only bitcoin. I would definitely recommend not missing out on it in your portfolio.

[FrenchWoofy]

I appreciate your answer although
I haven't had answers to my very questions so far...

[NetFreak199]

Do not skip for any coin that have potential to give you more profit. Buy eth buy btc and also don't forget other altcoin that good to hold.

[bearex]

Maybe invest a little bit more into "others". Search, but on the top of my head, i would say Stratis, Lisk, Iconomi, Ark, Waves, ...

As goes for the ETH investment, i think it is great! I only see ETH going upwards in the future, i think it should surpass Bitcoin soon, so the marketcap is going to increase for at least 30 %. It is also used as a platform for many other coins, so there is more to it, than there is to Bitcoin (as you probably already know).

Wise thinking, to only invest 1/8. I would do it like this:
35 000 - ETH
1 BTC
rest - into the pool of other coins you think are good! You might want to limit yourself, so you don't buy any "shit"coins (i generally set this border at 200th place at coinmarketcap), which will die off, but other than that, invest in what you like.

[Renji Abarai]

Not now in my opinion. Its very high and almost .2 BTC I will wait for correction and buy. Though I do not know will it happen, I will just set my BUY Order on its lowest deep.

[LeGaulois]

Where can I see how much ETH are exchanged at any given moment ?
I only see the marketcap / volume (24h) / circulating supply.

What can I understand with this information ?

This https://cryptowat.ch/
Click on the Exchange name for more data

Just a personnal opinion, injecting the majority of your initial investment with ETH,is how to say... really crazy. ETH is mainly based on the buzz  around it. Are you from France? With such a big amount, your bank account will be flagged direct! More than 10 000€  in a month don't forget Tracfin will list you on his list for review
Good luck with what you decide

[pmupa5590]

skip ETH and invest other.it's a big bubble,
when it break,you can see you money loss in market!

[FrenchWoofy]

Then if it is too late to buy ETH, my question can seem naive but I have to ask:
Which coins have that potential of a x000% increase in 2017-2017 ?

[johnwest]

Then if it is too late to buy ETH, my question can seem naive but I have to ask:
Which coins have that potential of a x000% increase in 2017-2017 ?

No one can tell, thats why most of the people here are only invested in BTC but talk about other coins. I had invested 25% of my BTC in altcoins and though it is quite profitable, it would have fetched much more profit if I had not invested in other than BTC.
Well, its your choice, in BTC you will eventually end up with a profit.

[FrenchWoofy]

I understand you.
Although I believe BTC don't have that potential of a 1000% increase within the next year.
Altcoins are much more likely to have that kind of increase during this time.

[canvan]

If ETH did overtake bitcoin in marketcap it could soon become the dominant crypto meaning its price could spike even further at the realization there is a new leader. I would therefore say yes ETH is a good bet now but you will still have that portion you are putting in other alts and the one bitcoin so I wouldn't worry, the whole market is still headed up.

[ðºÞæ]

Seems like a trolling account or one of the main initiators of the Ether ponzi game.
Doesn't even know the basics of trading.
Fill free to jump in. What could go wrong with the unlimited supply?

[KDjr]

I though you can enter and hold ETH right now. and dont forget to bought some of alt coin and hold of them. maybe you can profit 2 years later or more.

[indika]

Hello,

I would like to enter the market of cryptocurrencies.
It's been 2 years since I'm following more or less the cryptocurrencies (I don't know anything, just the trends).

I am thinking of investing 50000€ (1/8 of my savings)
devided like this:
- 1 BTC
- 1000€ in a dozen altcoins
- the rest (majority) in ETH

Would you enter the market now ?
or
Should I skip ETH and just enter the market with the few 1000€ in cheap altcoins and 1 BTC ?

Thank you

if i have that money i will buy
10 btc for future
50 eth
50 zcash
and
100 dash

[davhek]

The price went to high.. it will have to go down soon

[wittaz]

Did you mean 5k or really 50k? 

[davhek]

Lol, dont invest 50k in ETH now when the price is allready pumped. Price is gonna decrease soon.
Check the Byteball