Im planning to invest in Ethereum. Is this a good plan?

[Beyerd17]

Probably not a good plan after a massive runup. Wait as long as you can, you need to perhaps wait for as long as a year or longer. If the coronavirus hits harder and a second wave comes in hard this fall and winter, both the stockmarket and cryptoprices might see another tumble like we saw in March.

[Republikcoin.com]

Probably not a good plan after a massive runup. Wait as long as you can, you need to perhaps wait for as long as a year or longer. If the coronavirus hits harder and a second wave comes in hard this fall and winter, both the stockmarket and cryptoprices might see another tumble like we saw in March.

if there is a follow-up increase, he will wait even longer. So far, I think Ethereum's price is good enough to have at the moment. however, the potential for the resulting price increase could still be higher. if the price can reach $ 500 this year, then the price above that will have the potential to be achieved in the following year. however, make your best decisions in this regard, and be wise.

[peter0425]

Well if you think it was a good plan to invest etherium so keep it up and then make sure that you will earn from etherium.
And not only you a newbie doing thing like this investing some different altcoins in the market and choosing etherium it was a better to choice to hold and trade on the time for etherium going high the price.

Lol Ethereum is one of the most gainer these days(of course aside from Defi coins) Look how ETH gaining green now compared to Bitcoin.
EThereum Moves up more than 100% ffrom the Beginning of this year meaning there are more to come.
The 2.0 version are soon to come so meaning there are some chances that this soon we will be getting what we want from ETH.

[khimer_rangers]

I also agree with the way you think, I always put Ethereum on my investment list, but what you need to consider is when to buy because we all know there is always a risk. and I think if I buy for now maybe I'm a little late because ethereum prices have moved to grow.

[Beyerd17]

Well if you think it was a good plan to invest etherium so keep it up and then make sure that you will earn from etherium.
And not only you a newbie doing thing like this investing some different altcoins in the market and choosing etherium it was a better to choice to hold and trade on the time for etherium going high the price.

Lol Ethereum is one of the most gainer these days(of course aside from Defi coins) Look how ETH gaining green now compared to Bitcoin.
EThereum Moves up more than 100% ffrom the Beginning of this year meaning there are more to come.
The 2.0 version are soon to come so meaning there are some chances that this soon we will be getting what we want from ETH.

Hard to tell. All the hype around the 2.0 version may have already pushed up prices of Ethereum somewhat, there might be a typical buy the rumor and sell the news situation. Also Ethereum mostly follows Bitcoin's price movements. Since Bitcoins rise has stalled, so will Ethereum's price.

[mnporter2001]

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 .

ETH is always a good choice for investors. It is the top 2 coin of Coinmarketcap and has a platform used by hundreds of thousands of projects, that only sees the influence and important role of Ethereum. Besides, in the near future, the development team has almost completed the Ethereum 2.0 upgrade and it is certain that when it is public, the price will increase dramatically.

[andibongkol]

many think ethereum investing is the best choice so far but in my opinion it is a risky choice Due to the fact that Ethereum prices are very difficult to rise
when it increases only briefly and falls again the decline will last a long time, that's what i saw

[sarmrakib]

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 .

Investing on crypto always a good decision .However you have a plan to invest on eth its a good choice .Eth has strong development team and vitelic trying hard to make the future shine .So i think you can invest on it.

[poodle63]

Perhaps investing in the new Nvidia 3000 series gpu's for mining would be a better bet than investing in buying and holding ETH itself. The 3070 and 3080 will be coming out with a much lower pricetag than most people were expecting. The 3080 will be on par with a 2080ti, at least according to Nvidia presentation.

ETH is about to switch into PoS though and tbh owning newest GPU for mining will only effective for temporary before the big players renew their mining rigs, basically just a rat race. I'd better off staking than having to be responsible of mantaining all the technical stuffs while I could just reap profit from either staking or holding and laid back. Although, one thing we need to remember is that buying a coin when it's bullish is kind of bad idea because we potentially become cannon fodder of the whales who gonna dump at the peak of coin pumps.

[Roidz]

many think ethereum investing is the best choice so far but in my opinion it is a risky choice Due to the fact that Ethereum prices are very difficult to rise
when it increases only briefly and falls again the decline will last a long time, that's what i saw

In fact, it is not only the rise or fall in prices that we benchmark in making an investment, but we can see how much trust traders or investors have in this asset and how big is the market capitalization of the asset, as is eth, which is currently the second best investment asset after bitcoin. And of course the increase or decrease in price (fluactive) is the reason a trader chooses eth investment because it is impossible for a trader to choose an investment asset whose price does not move at all (stable) because it will not provide profit.
And one more thing why eth often fluctuates in price is due to the influence of the selling and buying volume that occurs in the market, and in this case many traders make eth as their short-term asset, simple profit a little immediately sell, and buy again when the price falls.

[Bezobraznike]

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 .

Investing on crypto always a good decision .However you have a plan to invest on eth its a good choice .Eth has strong development team and vitelic trying hard to make the future shine .So i think you can invest on it.

   Sarmrakib you forgot to add that Ethereum is trading at $360 at the moment, and that is a good price, after the top at $480.
I doubt it will go deeper, I am reading what experts wrote about, this is the new bottom, and if we don't buy now at this price
we will buy over $400 in next few weeks. This is a good entry point for newbies, and for us holders as well, the price can have
the uptrend from this point now.

[Benefactor]

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 .

I think you can do this without any hesitation.Yeah, you can do because i am confident on this coin as i seen from 2017 the whole market have a pump and dump situation and ETH was also this situation but less than any other coin you might get a good amount of profit if you are a mid level trader with a medium amount of investment to make. It's my opinion remember cryptocurrency is always unpredictable and you can do investment with your own risk!

[gamer4156]

Crypto market always unpredictable and be careful to invest in any coin.But if you are asking about Ethereum then you can go ahead to make a investment for trading ETH without any hesitation. In last few years i seen the ETH was a great return for every traders if you wait few times on holding this coin you might make a good amount of profit for sure!

[Icologies]

Crypto market always unpredictable and be careful to invest in any coin.But if you are asking about Ethereum then you can go ahead to make a investment for trading ETH without any hesitation. In last few years i seen the ETH was a great return for every traders if you wait few times on holding this coin you might make a good amount of profit for sure!

what makes you so sure the reality that happened to ethereum was very unstable up and down so fast there is no sign that a positive trend will occur
Ethereum prices are hard to pump seen only defenses

[Tahid12]

Of course, Ethereum is one of the most divisive cryptocurrencies in the industry. I don't have trust much on any altcoins except btc and eth cause I've very bad experienced holding others coins.  I believe it's a best oppourtunity to investment on eth as soon as eth 2.0 update is releasing that is going to break privious all time high

[Beyerd17]

many think ethereum investing is the best choice so far but in my opinion it is a risky choice Due to the fact that Ethereum prices are very difficult to rise
when it increases only briefly and falls again the decline will last a long time, that's what i saw

That is so true, it becomes a numbers game. When back in 2015 and 2016, Ethereum had a much lower market capitalization and THEN it was a good buy and easier to move upwards in price. Now on the other hand the market cap has gone up so much it can't really budge much higher easily.

[sulendra12]

Investing on crypto always a good decision .However you have a plan to invest on eth its a good choice .Eth has strong development team and vitelic trying hard to make the future shine .So i think you can invest on it.

It is not always, making money in crypto is not just a toy that you can do anything with your eyes closed. You need to learn, research, plan, strategy and manage your emotion to actually make something in crypto from trading or even jobs like freelance etc. Have you look at the beginners that lost more than a grand? That's an impact for underestimate everything

[rajnish2470]

anyone entering the crypto market with instinct, then he is just a gambler
study and analysis is very important, even if one is unable to do so by himself, there are so many discussion group in telegram too, where you can understand

[MCobian]

Of course, Ethereum is one of the most divisive cryptocurrencies in the industry. I don't have trust much on any altcoins except btc and eth cause I've very bad experienced holding others coins.  I believe it's a best oppourtunity to investment on eth as soon as eth 2.0 update is releasing that is going to break privious all time high

I also only believe in the potential of Bitcoin and Ethereum, especially for the most secure altcoins is Ethereum. Especially for those who
are experienced in the world of crypto, of course, they will know that not many altcoins can be trusted. Only Ethereum can be trusted to
make a profit among the many altcoins that exist today. It's true that Ethereum holders are looking forward to the release of ETH 2.0,
if that happens I am optimistic that Ethereum will be able to make a new all time high price.

[zelikman]

Bears are waking up again, it is very dangerous to enter ETH for a long time. I wouldn't recommend it. Learn how to trade, this will help you get a good profit without particularly high risks.