People paying $1200 for 1 Ethereum are crazy... You only get rich buying CHEAP

[Roidz]

I think it is too risky to buy eth at $ 1200 now, because it could be that the eth price is corrected and if that happens, of course the experience in 2017 will repeat itself, when eth prices continued to soar high at that time but finally fell instantly and not a few traders who experience losses by buying and holding eth prices at a high enough price, learning from past experience, of course I personally don't try to buy eth at current prices but I would prefer with trade and hold several other small altcoins that I think can provide a little profit at regular intervals.

[jerry0]

OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

[tabas]

It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

Even more interesting is the fact that people that purchased Ethereum 2018 at the high price had to wait for 2-3 years to even breakeven. People only fomo when it is high. I don't know why they like buying highs only to sell lower than they bought. It would be better to do it in reverse. That is to buy low and sell higher just like OP said in 2018.

That's the usual reaction when a coin goes into high price. The FOMO will be found everywhere as if the trend will never stop and those who have bought at high of $1k-$1.4k price of Ethereum probably have sold at loss. They can't contain the pressure and they have to stop loss and that's the usual mistake of investors especially the newbie investors.

[Flowzer]

It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

Even more interesting is the fact that people that purchased Ethereum 2018 at the high price had to wait for 2-3 years to even breakeven. People only fomo when it is high. I don't know why they like buying highs only to sell lower than they bought. It would be better to do it in reverse. That is to buy low and sell higher just like OP said in 2018.

That's the usual reaction when a coin goes into high price. The FOMO will be found everywhere as if the trend will never stop and those who have bought at high of $1k-$1.4k price of Ethereum probably have sold at loss. They can't contain the pressure and they have to stop loss and that's the usual mistake of investors especially the newbie investors.

Stop Loss is something that investor need to do, its better to lost some than lost it all, isnt it? and maybe the one that do that already buy more when the Ethereum price lower, so they minimize their lost.
So in my opinion stop lost isnt a mistake, its part of investment strategy.

[tabas]

It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

Even more interesting is the fact that people that purchased Ethereum 2018 at the high price had to wait for 2-3 years to even breakeven. People only fomo when it is high. I don't know why they like buying highs only to sell lower than they bought. It would be better to do it in reverse. That is to buy low and sell higher just like OP said in 2018.

That's the usual reaction when a coin goes into high price. The FOMO will be found everywhere as if the trend will never stop and those who have bought at high of $1k-$1.4k price of Ethereum probably have sold at loss. They can't contain the pressure and they have to stop loss and that's the usual mistake of investors especially the newbie investors.

Stop Loss is something that investor need to do, its better to lost some than lost it all, isnt it? and maybe the one that do that already buy more when the Ethereum price lower, so they minimize their lost.
So in my opinion stop lost isnt a mistake, its part of investment strategy.

But that stopping of further loss has different situation for many of them. Some were good to stop loss before it has finally crashed until the end of that year.
And some did just stopped loss when it's finally a total loss for them and that has finally decided them to end the game which is very unfortunate.

[leea-1334]

It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

30 years can pass and it will not change the truths that was said,,, nor will it change how right or wrong OP was about Ethereum. Same as Bitcoin 10 years ago when people today are saying it is wrong as a P2P currency. It always was and always will be.

Price is not everything,,,

[tabas]

It's been three years since the thread was made and there's truth in what he said about Ethereum. While the discussion is about $1200, Ethereum as it pumps again didn't passed on its past ATH.
And today's price of is even less than the price that was indicated on this thread.

30 years can pass and it will not change the truths that was said,,, nor will it change how right or wrong OP was about Ethereum. Same as Bitcoin 10 years ago when people today are saying it is wrong as a P2P currency. It always was and always will be.

Price is not everything,,,

There can be a lot of things that have changed by that year. It's unpredictable and year after year there will be something new that we'll see. But at least for the devs if they remain to be stagnant but for Ethereum, it's starting to change with its implementation of 2.0.
Price is important though.

[muenze]

OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

Exactly, glad we understand us

But I think its very hard to find good projects. Of course theres DOT and LINK and all but theres so many people in it long before you.

Today Coinmarketcap listed KOINOS and its still quite cheap. Its got a very interesting whitepaper and a good team. They know what they are doing and have good blockchain experience. They are trying to make an ETH killer. I can see this rise by alot and its still just a few cents currently with no Venture Capital involved.

[newwest]

OP, what other coins would you recommend now to buy?  I agree with your logic that buying eth now is not going to make you that much returns... like try getting 5x... that isn't going to happen with ETH in a long time.  Even doubling it is hard.  Doing it with altcoin much easier but of course but riskier.

Price point is something which everyone will differ but one thing I understood that you need to continue holding ETH in your portfolio. Just like we need to have bitcoin in same way in altcoins ETH is a must. It could even give some surprising results by growing 2x then the current price. Though it will depend how much does bitcoin continue to grow, but ETH will grow as bitcoin continues to rise.

[muenze]

Price point is something which everyone will differ but one thing I understood that you need to continue holding ETH in your portfolio. Just like we need to have bitcoin in same way in altcoins ETH is a must. It could even give some surprising results by growing 2x then the current price. Though it will depend how much does bitcoin continue to grow, but ETH will grow as bitcoin continues to rise.

There is a reason only 1% get financially independant in Crypto. Because the 99% buy expensive projects. See Bitcoin now wallstreet has basically ruined it buying 10000s of Bitcoins OFF EXCHANGES so the price stays low. When they would buy on exchanges bitcoin would already be $50k or $80k or more. And then other billionaires sell ON exchanges to make Bitcoin crash because they make a great profit and the 99% of stupid capital will start get scared and sell too and then the billionaires can rebuy Bitcoin cheap and always make profit and rich get always richer and poor get always poorer.

The only chance we in crypto now have is support new great ideas. Buy coins that are still low like at $1m market cap. Be all invested in them before the billionaires get in.

Like KoinOS (ETH killer) or Banano (like Nano but still cheap and more fun)

[Reatim]

After 3 years Ethereum still in that  range of value lol , and Yeah i think people who bought Ethereum bellow 100$ recently as they are the winner on this part.

But those who bought 12 hundred back in 2018 ?  they maybe took this long just to recover their capitals .

That' why my Views in investing is it doesn't matter if the coin i will buy will take time to climb High as long as the price is one of the cheapest and i only risk small capital even if this took me Years to wait.

[sarmrakib]

eth will be more and more valuable but i will buy eth but i would expect different coins and i would expect to get more coins there and i have to wait for you guys to be patient and be nice coin

That's why we need to search the best coin to invest .Remember eth is always the top altcoin and i think a lots of way still to go .The price is still reachable to get i think the price will grow more on the upcoming days .I am still buying eth and holding my asset for long time .

[muenze]

That's why we need to search the best coin to invest .Remember eth is always the top altcoin and i think a lots of way still to go .The price is still reachable to get i think the price will grow more on the upcoming days .I am still buying eth and holding my asset for long time .

What about those people who bought ETH before you for 25 cents?

They have millions of ETH. How many ETH do you have?

Why not do it like them and invest in cheap project EARLY?

If you want guarantee buy Apple Stock ! It can crash hard too tho like ETH.

Why not be cheap? Why be like 99% of people buying always high and staying poor?

[muenze]

I have experienced this in the past year, where I bought at a high price the same as today, and I got quite a lot of losses, that's where I didn't buy etheirum at high prices because it was risky, because it took a very long time for etherium to return to the price is high, so better wait if you want to buy etherium, don't take the wrong step like I did last year

It doesnt make any sense at all to buy ETH now for $1200. It can crash to $80 again or in the best case go to $3000 maybe. But if ETH goes to $3000 you will have other coins go to $80000 (in relation to market cap).

So you only lose with ETH.

[Spaffin]

At least I bought Ethereum for another $ 86, and so even today I can sell quite profitably. But my enthusiasm does not allow me to do this, because I am confident in higher results even this year. of course, the fact that during this period prices in the cryptocurrency market fell, this is just another correction, which also happened in 2016 and 2017, where cryptocurrencies on their way to their historical maximum fell to 30%.

[JNR]

I have experienced this in the past year, where I bought at a high price the same as today, and I got quite a lot of losses, that's where I didn't buy etheirum at high prices because it was risky, because it took a very long time for etherium to return to the price is high, so better wait if you want to buy etherium, don't take the wrong step like I did last year

It doesnt make any sense at all to buy ETH now for $1200. It can crash to $80 again or in the best case go to $3000 maybe. But if ETH goes to $3000 you will have other coins go to $80000 (in relation to market cap).

So you only lose with ETH.

why lose ? if we comparing from now price $3000 is more than x2.5 right ?
i think this is a good return on investments, because for me ethereum is the best altcoins to hold for now

[BChydro]

~
why lose ? if we comparing from now price $3000 is more than x2.5 right ?
i think this is a good return on investments, because for me ethereum is the best altcoins to hold for now

It depends upon when you entered the market. I am too much involved in the altcoin market for a very long time and i was mining and most of the coins i converted to coins i wanted to hold for the long term and ETH is one of them, i have booked my profit along the way and i have sold a good amount recently when it touched the $1k valuation simply because i was holding a portion which i was planning to sell for a long time and i wanted to diversify it to something else until we have a major correction again.

[Wahyuihib]

most users use eth as their transaction tool, even though we all know that the costs involved are very large. I think this is a natural thing as demand for eth is currently increasing

[speedforce]

most users use eth as their transaction tool, even though we all know that the costs involved are very large. I think this is a natural thing as demand for eth is currently increasing

Its becaused the developer mostly used Ethereum blockchain as the platform for their project and Ethereum blockchain not good enough to handle that. I hope ETH 2.0 can handle that issue and make the Ethereum more valuable unless someday it will stucked and not used anymore because high fees and slow transaction issue.

[muenze]

I am liking ETH more now with Uniswap. But the fees are insane. $40 for a transaction is just absolutely nuts.

I hope uniswap bring their own blockchain then ETH will die because nobody needs eth with $40 transactions.

Just go and buy KoinOS it will be x100 your money. So for every $1000 you put in you get $100k. Thats the only
real way to make money in crypto. Not buy expensive shitcoins like ETH with insane transaction fees for tokens.