alexsandria
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November 07, 2019, 04:03:18 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
It is pretty tought to say right way early, we ain't no authotiry nor has any reputation for you to believe. Besides crypto currency are unpredictable. What's for real is that ethereum is still on the top list of alts which still possible to pump as if it is a bitcoin among altcoins. Well you could still believe it yourself like many others did.
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dimonstration
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November 07, 2019, 04:16:20 PM |
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Many thanks for your kind advise for I so much believe that your advice is not difficult from what I can do since that investment is not the only capital that I have to leave on. For now I have to put that behind me and just assumed it is a lost and one of those things that do happen to one investment and maybe one day I will smile. I know it's a hard decision since it's been a long and a huge lose. If you really need money or you already see a better opportunity to use your eth then go ahead, we all don't know what lies ahead in ETH , it will depend on the developer and the market. I'm also holding some of it and prefer to just keep it there for it's already too late to cut loss, I will just use it if I'm really in need and I hope will not happen till ETH increase in price again.
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BigBos
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November 07, 2019, 04:19:37 PM |
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if you hold ethereum since 2017, obviously you will look disappointed with the current prices, and even you will falter with all your choices. I know that because I am also one of the people who has held ethereum since then. in this case, I suggest to hold back until halving, and the development of ethereum 2.0. I think it's worth the wait if you've been waiting since 2017. Another suggestion, if the price of ethereum is at $ 500, or above, it's your chance to sell it into bitcoin, or fiat. I think that the price is good enough to cover the losses that you got in 2017. However, for now, the ethereum condition is not the same as 2017, so I think it is quite difficult for ethereum to return past its ATH in 2017.
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shield132
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November 07, 2019, 04:24:12 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing. Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it.
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gabbie2010
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November 07, 2019, 06:33:47 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Well I would advise you to hodl at least till 2020 to see market the outlook remember there is going be launching of ethereum 2.0 come January with a lot of improvement from the current eth switching fro PoW to Pos I believed this launching is going to be a major fundamental that would likely pump it price more so the much talked about halving of bitcoin next year is another event that could possibly triggers and pump the price of btc whose movement also correlates with eth.
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Wapfika
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November 07, 2019, 06:40:09 PM |
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I appreciate your respon but to answer to one of your question in your first paragraph I will say the market value of ethereum has never increase more than $1,300 since the time I have been holding my ethereum. I don't want to sell at lose and that is the reason why am still holding just that am currently losing faith.
This might still give you a reason to continue, as this is why I keep my ETH too since 2017 since I was not able to sell it that time since I thought it will not fall these much, everytime I'm trying to cut loss I just can't give it up knowing someday like my bitcoin it can still have it's time again for it can be useful as a platform that do many transactions. Well I would advise you to hodl at least till 2020 to see market the outlook remember there is going be launching of ethereum 2.0 come January with a lot of improvement from the current eth switching fro PoW to Pos I believed this launching is going to be a major fundamental that would likely pump it price more so the much talked about halving of bitcoin next year is another event that could possibly triggers and pump the price of btc whose movement also correlates with eth.
I really prayed that ETH 2.0 will be a enough reason for eth price to climb up.
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daarul50
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November 07, 2019, 06:56:26 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing. Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it. basically if you looking for a financial advice on your invesment i think it is not a wise action. giving people random thoughts regarding an altcoins that you have it is just like gambling if you take it seriously and here you go for me ethereum have still a lot of space to grow , hold it la little bit longer always advisable. the bitcoin pressure on altcoins is not over yet , people and i personally still waiting the moment where ethereum can get back up from the long low price compared to bitcoin that several times back moved up. ethereum should be the first choice of your long term crypto investment after bitcoin for various reasons include how ethereum 2.0 will be releasesed later in this Q4.
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Bagaji (OP)
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November 07, 2019, 07:09:32 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing. Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it. You should equally be aware that the high transaction fee of Bitcoin in the year 2017 was one of the factor that led to high demand for ethereum and consequently creat an increase in the market value of ethereum because its transaction fee was very small as compared to that of Bitcoin. Will that kind of scenario ever happen again in the future particularly now that there are no more ICO project as compared to what we had in the past.
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Polar91
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November 07, 2019, 08:29:58 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
I think so, because you've lose huge percentage of value in ETH already. Cutting off your possible loss is too late since it's already in its dip state IMO. Better to make yourself more optimistic and don't mind it too much otherwise it'll trigger making yourself worried again regarding to the ETH's capability in getting back to its ATH.
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bitbunnny
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November 07, 2019, 08:41:06 PM |
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I'm not so sure if Ethereum is to be kept on long term. It's good coin but I don't expect some high price rise that would be significant on a long term so you will probably keep more or less the same value but don't expect some bigger profit. On the other hand I beleive that Bitcoin is most profitable on long term and that is worth keeping, more than any other coin, you just need to have enough patience.
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leowonderful
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November 07, 2019, 09:07:21 PM |
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If you still strongly believe Ethereum's going to rise in the future for whatever reasons you've determined like their technology and other features, then sure, keep holding, but I would agree with what's been said here that long-term holding's still not 100% safe, though for the majority of people it's a better way to go than trading for sure. One pretty easy way to see this is just looking at the historical snapshots that Coinmarketcap provides ( click for direct link); a lot of the top altcoins and Bitcoin have been rising for quite some time, though a few of the past top alts like Peercoin have basically vanished because they didn't have much of a use case and didn't have much development. It's up to you in the end, but always remember that it's sometimes best to just cut your losses and start anew. Bitcoin's been historically one of the best if not the best coin to hold long-term, but that might change in the future. Nobody knows. Do what you think's best, as long as you can afford to be wrong.
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tenakha
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November 07, 2019, 09:30:09 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
If you have a better option in this case, you can sell it. Otherwise, keep holding ETH. Maybe my view have been different in the past, but now my opinion is in the positive direction. If your goal is to keep for a long time already, why do not you keep holding? Or you can divide: keep some of it as it is and invest the other part to other projects.
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goaldigger
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November 07, 2019, 09:53:15 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
You bought on the peak price? then you must keep holding to avoid losing big money and I know ETH will go up again. I also hold ETH because its the top altcoin, and if the market recover like bitcoin goes up high again, this ETH will follow that footstep and maybe make a new ATH again. You can buy more right now to down your average cost, and keep holding mate it will be worth it.
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nydiacaskey01
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November 07, 2019, 09:54:41 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Long term holding is a good strategy, but doesn't work to all kind of investment and it doesn't work all the time. What happened to you is the same thing that happened to those who bought Bitcoin when it was still at $19,500, they hold on to it thinking that it will go back to $19,500 or even higher. There are those who sold BTC at lower price and Buy other coins for profits. The price of BTC has changed a lot of times already with a difference of more than 12% in just a matter of days. If you take advantage of that, you should have recovered you loses in ETH already by now.
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Shasha80
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November 07, 2019, 10:05:29 PM |
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My advice is to continue holding ethereum, we must not give up and must remain confident that the ethereum price will one day back to the price of $ 1,300. Instead of surrendering now, there are even losers, especially as we know in 2020 will be launched ETH 2.0. This will be the point where ethereum prices will rise, then plus 2020 there will also be halving bitcoin which is very maybe the price of bitcoin will go up. If the price of bitcoin goes up, usually the price of altcoins follows up. That means there is a possibility of ethereum that you hold can profit.
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gabmen
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November 07, 2019, 10:28:56 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Ethereum has gone sub 100 dollars already in the past 2 years, and it's been up from that. I think you shouldn't lose faith since you've already kept it for that long already. Since it seems you're prepared to go long term, then for me, sticking to what you think will work for you would be the best choice. The market is moving slowly for majority of this year and for me that's something to be positive about.
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Questat
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November 07, 2019, 10:35:56 PM |
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I suggest you should hold it, ETH is a legit, yes it struggles but legit coins are bound to succeed. Maybe you get frustrated due to its price now, but since it has proven to rise crazy, it could happen again, I feel you mate, we are in the same situation or I am even in a worse situation since I also hold ETH tokens which are deeply affected by the struggle of ETH.
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ethereumhunter
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November 07, 2019, 10:52:40 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
That be your choice. But if I were you, I will still hold my ethereum because I was getting a big loss if I sell right now. If I want to sell my ethereum, I will sell it when the price was $1,200, so my loss is not too big as now. You have been held for a long time, and it's not a problem if you hold for more until the price can increase again. But if you want to make a profit, then you need to wait for the price to rise back to more than $1,300, then you can take your profit.
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rodel caling
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November 07, 2019, 10:56:23 PM |
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No one has the right answer for you. Everyone expects the value of the cryptocurrency market to increase and everyone to make a profit. However, anything can happen in this market, maybe tomorrow's price of ETH will double or drop to $ 100. If you decide to keep your coin, believe it. If you don't believe in a coin, sell it now.
Haha yes that's is the reality we need to admit in crypto space because is part of the volatile risk investing in crypto either long term or short hold, the key to get profits in crypto is monitoring and focus and make right decision for long term hold the key is patience.
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dark08
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November 07, 2019, 11:04:47 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end.
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