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Author Topic: Im planning to invest in Ethereum. Is this a good plan?  (Read 4495 times)
Captain Corporate
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August 27, 2020, 11:09:04 AM
 #101


 Right now with the way that ethereum is dropping, it would actually make a great sense if you bought ethereum you could actually make a good amount of profit, I have talked about ethereum highly a lot of times here, you can check my messages and you will see that I always promote ethereum. I am not "shilling" because lets be honest it is already the second biggest coin right now and there are not any other altcoin that is bigger than ethereum, only bitcoin is higher. So you can't really "shill" something so high, it is already shilled and super high anyway, why would people be fooled by your support.

 I would say that if you buy right now there is a big chance that you could actually make a good amount of profit over time, you may end up waiting for it a bit longer than you may want to, it makes sense to get it over what it used to be, but at the same time if you wait for like a year or so, you could double your profit very easily as well, that will surely happen.

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ryap12
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August 27, 2020, 11:19:51 AM
 #102

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

First, I welcome you to the Crypto-community! Please know that there are so many scammers so make sure you don't make person-to-person transactions to avoid getting robbed.
If you are planning to invest on ETH, know that the price of ETH is volatile so we do not advice you to invest of an amount which you could not afford to lose.
ETH is recommended if you are planning to invest and remain dormant for a long period. Like 2 or more years from now.
We highly suggest to purchase ETH at well known exchanges like the following;

https://www.binance.com/
https://www.okex.com/
https://www.bithumb.pro/en-us
https://www.coinbase.com/

Also, we suggest you learn on how to make a paper wallet so you may store your ETH there.
It is also recommended to use hardware wallets as they are more durable than writing your wallet information on a piece of paper.
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August 27, 2020, 02:38:35 PM
 #103

Nah. Ethereum swings wildly. I would wait until the price gets a lot cheaper than what is stands at now (sub 400). I would be a buyer in the 100-150 range. If Bitcoin tanks, it would drag altcoins with it down. There would be no safe haven and that accounts for Ethereum as well.
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August 27, 2020, 03:46:18 PM
 #104

The first Ethereum forecast that we will analyze in our guide was published by an online analyst under the nickname Bobby Ulleri. The model he uses is based on the global economy and the hunch that blockchain technology will play a much more important role in international trade.

According to the analyst, Bitcoin and Ethereum will account for 25% of the entire cryptocurrency industry, which will amount to about $ 4.5 trillion in market capitalization by 2020.

Note: Market capitalization is used to calculate the total value of a cryptocurrency, much in the same way that companies are priced in the real world. The data is obtained by multiplying the current coin rate by their total number in circulation. For example, if the value of a coin is $ 20 and there are 10 million coins in circulation, then the total market cap would be $ 200 million.

However, since there is no fixed limit in the case of Ethereum, Ulleri uses data of 100 million, as Vitalik Buterin predicts exactly this number of coins in the future.

So, considering all these factors, the analyst believes that the Ethereum price will reach $ 11,375 by 2020. That equates to Ethereum's $ 1 trillion market cap! Is it possible?

For this forecast to come true, the price of Ether must exceed its highest mark of $ 1300 by 775%. It actually doesn't sound so unrealistic considering the fact that Ethereum has increased by 10,000% in 2017! However, what do you yourself think about this?
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August 27, 2020, 04:03:23 PM
 #105

getting started investing in Ethereum is a good plan, many predictions say that Ethereum will be priced in over $ 1k in the next few years.

I am sure, if next year the Bitcoin price is high, the Ethereum price will rise too.
It is very difficult to make a concrete prediction about the price of ethereum because as we know we are in the middle of the DeFi hype which is making its price to go up really rapidly but what is going to happen once people realize the DeFi hype was precisely that nothing but hype? Most likely at that time the price of ethereum will go down so the question is how long can this hype last? Because even if there are a few good projects among them scammers are already creating lots of coins under the DeFi banner and it is not going to be long until we begin to hear stories of people being scammed in those projects.
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August 27, 2020, 04:10:12 PM
 #106

To me this is both good and not bad, now seems like a good time because today Ethereum is experiencing an appreciable drop in price. You have to think about confidence before buying it
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August 27, 2020, 04:50:24 PM
 #107

To me this is both good and not bad, now seems like a good time because today Ethereum is experiencing an appreciable drop in price. You have to think about confidence before buying it
ethereum decline occurred recently the drop is not very sharp, Ethereum's state is still in a state of correction can fall and rise at any time if the situation like now buying ethereum too risky it seems to me
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August 27, 2020, 08:33:26 PM
 #108

To me this is both good and not bad, now seems like a good time because today Ethereum is experiencing an appreciable drop in price. You have to think about confidence before buying it
ethereum decline occurred recently the drop is not very sharp, Ethereum's state is still in a state of correction can fall and rise at any time if the situation like now buying ethereum too risky it seems to me

I would tend to agree with you. Ethereum is on a slight short term downtrend right now after a huge swing upwards in the last 6 months or so. People taking profits short to medium term will most likely prevent ETH from rising any way. I would tend to lean towards the risk is way to high right now. I would stay away until prices come down.
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August 27, 2020, 10:51:29 PM
 #109

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .

thats could be best plan buddy, but if you already have some bitcoin in your wallet
because bitcoin is the best cryptocurrency, and the price could be touch another high level in this year  Wink


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August 28, 2020, 09:20:49 AM
 #110

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .
You probably should not invest in Ethereum if you just rely on instinct. Yes, Ethereum does a good pick for an investment. But after looking at your post and you are saying that you have an instict, then you should not because that means you are just blindly pick the coins without having a proper research and probably just following other people choices.

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August 28, 2020, 09:34:40 AM
 #111

many think the same as you including me ethereum is an established coin in all respects very suitable for long-term investment because it will provide a lot of profit, I also continue to invest in Ethereum because I believe Ethereum will give a lot of money for me

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August 28, 2020, 10:19:30 AM
 #112

Most people and users on this and similar threads simply tell people to buy, buy and then buy some more. This is poor advice in my opinion. Better advice would be to time the market and make a killing in stead of just holding. The market goes up and down, take advantage of that.
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August 28, 2020, 11:58:34 AM
 #113

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .
You should have invested that very moment in Ethereum mate because at least you have 10-15% profit last week.
ETH surge to more than $400 dollars in a span of a week things that you must be thankful

I am lucky to at least bought at 230$ so now i am celebrating because there are 60% profit in my possession now and will be more if the Bull continues.

Most people and users on this and similar threads simply tell people to buy, buy and then buy some more. This is poor advice in my opinion. Better advice would be to time the market and make a killing in stead of just holding. The market goes up and down, take advantage of that.
You can't blame them because not all people is good in speculation and analyzing movement of each currency so why risk in
short trading when you can stay holding?

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August 28, 2020, 01:59:30 PM
 #114

I say buy buy buy, all in. But i still like to ask if you know about ETH, if you know, then know how much? In spite of ETH is definitely an amazing and promising coin to every invester, but if you wanna invest in it, you have to fully understand ETH.

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August 28, 2020, 03:46:13 PM
 #115

I say buy buy buy, all in. But i still like to ask if you know about ETH, if you know, then know how much? In spite of ETH is definitely an amazing and promising coin to every invester, but if you wanna invest in it, you have to fully understand ETH.
don't just buy, make sure you analyze the price well, because the current market conditions are still not good,
dumps can occur on Bitcoin and Ethereum will also follow

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August 28, 2020, 05:45:07 PM
 #116

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .
You are new to the crypto world and decide to invest in ethereum. I will say this is a good plan. I agree if newbie should invest in safe investment rather than in hype like defi, or new token, because very risky. But maybe little advice investing in Stellar and Waves too, just suggesting the final decision is yours. DYOR
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August 28, 2020, 10:42:41 PM
 #117

Right now, it looks like Ethereum pricing is good enough to have. well, as long as the price hasn't exceeded the $ 500 price tag, it looks like it counts. for now, I am still pursuing to collect ethereum. I'm pretty sure Ethereum will have a very high price in the future.
The price of ethereum could even increase above $ 500 in the future, seeing the good potential of ethereum, it is not impossible that ethereum can fly higher

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August 29, 2020, 06:08:30 PM
 #118

Ethereum is a legit coin that has the ability and potential to grow more in the upcoming time. I truly believe if you start your crypto journey by making an investment in Eth could give you a good start and greater results.

my account was hacked by moondefi since past few years。 the moondefi is a scam, be careful!
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August 29, 2020, 07:24:01 PM
 #119

A top coin on my list of favorites is eth so you can invest if you like this currency. I never look back to invest in eth because this currency is the best currency for me for profit. It is expected that eth upgrade will be implemented in the near future, so there is another big step that will increase the value of eth. But if you can do more research then you will come forward to invest in eth.

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August 29, 2020, 09:14:00 PM
 #120

I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help .
Yes it's good choice to buy ETH. If you can hold your ETH or one year you will get 2x profit from ETH. I think ETH price is lower now, also ETH 2.0 is coming and DeFi is on hype and it will go more for DeFi Hype. Don't wait mate you can buy ETH & Hold. Thanks

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