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

[Argoo]

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.

For ethereum, the $ 1200 price tag isn't that high. Even now, the price of this coin today has risen more than $ 1400 and this is far from the limit. Ethereum is criticized by many for its high transaction fees, however this is a temporary problem, this coin is already being updated and soon we will see a brand new ethereum with high throughput and low transaction fees. Therefore, I keep this coin and hope that its price will soon rise to several thousand dollars.

[muenze]

Therefore, I keep this coin and hope that its price will soon rise to several thousand dollars.

But dont you think if ETH goes from $166 to $3000 one day (which is not guaranteed) other projects in this
time will go from $0.03 to $0.15 and $0.50 and more? Which you think is better?

[ingiltere]

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

[imstillthebest]

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.

how many people bought eth at 1.2k i can say not many and how much eth they bought ? id say  less than 1 or 1 at max and they are laughing with their small profit? i dont think thats too much to boast like and not worth the risk but they are lucky that they didnt loose  .

 eth at over 1k is already its top and i think it wont go higher than that

There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.

comparing eth to them is like comparing btc  .

 eth is more chunkier and its not fair but eth works good for money transfers before but now it has been fucked up

[lepbagong]

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

but it seems that even though ETH has surpassed ATH, it looks like there will be another renewable ATH because it looks like bitcoin continues to attract ETH to also want to move up. but the problem fee for ETH gas is still not finished and there is no other way to exchange it to XRP so that the fee is rather cheap and reasonable. It is not known why ethereum is now changing this will have many people looking for alternatives.
It is unfortunate that the sharp increase has been accompanied by an increase in gas fees.

[noormcs5]

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.

Uniswap fees are too much high  
Sometimes i need to buy small quantity of a token from uniswap and i quit my idea only because of so insane fee. I think soon people will stop using uniswap if they do not find a way to control the high fees.

[Alanin]

Define "cheap"...
If something went from 1$ to 1500$
Then yea it was cheap at 1 compared to 1500.
But people once also said, that the price of bitcoin wouldnt ever cross 10$, and that it was all a scam to steal peoples money...

[BuNga_cute]

In my opinion, investing in crypto is very different from other assets, because crypto price movements are very volatile. Sometimes buying coins
at a high price does not mean you will lose money, because the price of these coins may continue to rise. Same thing happened to Ethereum,
its price has continued to rise until now. So for those who bought Ethereum at the price of $ 1200, now have got a sizeable profit.

[Justbetting]

Bought some Koinos ? Let’s get rich baby ! 10000 koinos , if it reach 100 I will be a millionaire.
What is you guys opinion on metaverse now?

[1l1l11ll1l]

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

haha, it's true. I actually didn't expect the price to go up this high for this bullrun this time. bnb, and tron ​​are great for the long term, and I believe that as the OP said, coins like NEO and Avalanche have as much potential as ethereum considering they offer almost the same product

[muenze]

Bought some Koinos ? Let’s get rich baby ! 10000 koinos , if it reach 100 I will be a millionaire.
What is you guys opinion on metaverse now?

Metaverse is confusing even for me now I think they switched mainnets or something
several times?

The Metaverse CEO seemed well connected back then but somehow I think he may not
have had what it takes to start a huge company, or he just missed out on some opportunities
and luck.

Their main product was a digital identity. I to this day still dont understand what this
actually means and why I would need one.

But I havent done any research about them recently. Should I?

If you are looking for complete bets you could also again buy Waltonchain. Its very low
and I have had luck in the past since it used to always come back a little bit at least to
make easy x3 or x5. Maybe not this time tho, I dont know.

[Twinkledoe]

People who bought ETH at 1200 USD are now laughing to this thread. Current ETH price is over 1700 USD and it looks like this is not even the top yet.
There are better options to transfer money cheaper, like BNB, TRX or even DOGE and XRP. But if you compare them investment wise ETH looks stronger.
I think it's time to lock this thread anyway, as you can see all answers become generic now.

haha, it's true. I actually didn't expect the price to go up this high for this bullrun this time. bnb, and tron ​​are great for the long term, and I believe that as the OP said, coins like NEO and Avalanche have as much potential as ethereum considering they offer almost the same product

For those who waited, after 3 years, they got their rewards. But I believe a lot of them already sold their eth. Very few can wait this long and hoped that one day, eth will hit more than $1200, the price where they bought. But for some who really did wait, big congratulations! It seems that eth is still going up as they haven't fully launched eth 2.0 and they are already enjoying this good performance in the market.

[aprilnot]

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

[muenze]

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Bought Avalanche for $1200 when ETH was $1200 and you now have $4800

And I think Avalanche still can go x10. Try that with ETH!

[matchi2011]

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Riding with the train really paid well, there are people who knows when to invest and they are gaining good amount of money out from this so called crazyness.

They've manifested from the current trend and with good knowledge when to release their holdings they'll make good amount of profits.
Sometimes being crazy pays you a good amount of profits.

[elisabetheva]

and those who bought at the price of 1200$ yesterday, have now made a profit of more than 600$ due to ethereum flying high. For people who think they are stupid buying at high prices, I think he doesn't know how to invest properly. as long as the trend is still showing bulls, buying is not a wrong choice.

Sometimes people underestimate the impending increase, when that person believes and buys at a high price ($ 1200) is said to be too stupid to buy at a high price.
at this time they are surprised because even by buying at a high price it can still be profitable, if we believe that the price will continue to increase why be afraid.

I agree with your opinion that as long as the trend is still showing bulls, it is clear buying is not wrong and it can be proven. when the price finally rises above $ 1800 +, he makes a profit of $ 600.

survivors who have benefited from the courage to take a stand to continue with the conviction they have and remain patient and do not panic when they are about to have an execution.
because ethereum has the potential to continue to increase this year, which is estimated to be the year of altcoin.

[jaberwock]

Sometimes people underestimate the impending increase, when that person believes and buys at a high price ($ 1200) is said to be too stupid to buy at a high price.
at this time they are surprised because even by buying at a high price it can still be profitable, if we believe that the price will continue to increase why be afraid.

I agree with your opinion that as long as the trend is still showing bulls, it is clear buying is not wrong and it can be proven. when the price finally rises above $ 1800 +, he makes a profit of $ 600.

survivors who have benefited from the courage to take a stand to continue with the conviction they have and remain patient and do not panic when they are about to have an execution.
because ethereum has the potential to continue to increase this year, which is estimated to be the year of altcoin.

That is the funny part that everyone can see right now and that is why people keep investing. OP basically told people who bought at 1200 dollars crazy, he meant stupid as well but couldn't say that, and now it is 50% higher. That is literally 50% more profit in a month, how could anyone not be happy about that? So this shows that no matter how "high" you think ethereum is, you could always make more money with it as long as it continues to go up.

If one day price reaches to 2700 dollar levels, which I think is not that hard to achieve at this point, that would still be another 50% profit even if you buy today. So as long as we believe it will go up, we should probably keep on buying more and more of it as well. Of course it is not going to be simple to be a holder when you buy at the top all time high price, but as long as you believe in it, there is still a chance.

[noormcs5]

For some people it is expensive to buy Ethereum at 1800$ but if you see eth price over 2500$ in few months, then you will consider 1800$ price cheap.

Think of it in another way, when Eth was 1200$, many people would not buy it considering it is expensive but those all people will buy bags of eth at 1200$ now because 1200$ seems so cheap now.

[Sanitough]

At the present price, we can't call them crazy as they can sell that $1200 per ETH for a profit.

The thing is, we have to understand that we are investing for the future and what we are looking in the future is the adoption, and as adoption increases, you know what would happen to your investment.

ETH is like bitcoin, look at bitcoin now, it's already at $47k, and I believe there are people in the past saying that people are crazy buying $1000 per bitcoin.

So who is crazy now?

[numanoid]

Why you guys replying on 2 years old thread?? Are you guys crazy? This thread was created when altcoin session begin on early 2018 after bitcoin passed new ATH at 20k dollar.

Mostly i agree with OP, the only 1 way to get rich is by buying cheap, not something expensive like ETH at $1200. You must calculate how big the marketcap if you are looking for 2-5x profit with ETH price.

So who is crazy now?

You