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

[Chrystora123]

I think for now it's better to refrain from investing in Ethereum until the gas fee drops..

In my personal opinion, it is good decision to invest on ethereum. Ethereum is most powerful and potential crypto in the crypto market. Hopefully you can generate good money if you invest on it.

Ethereum will always be the best Altcoin for investment but the thing that is less good about Ethereum is the high gas fee.. 

[1715668772]

1715668772

[Chainsmokers]

The movement is quite difficult to guess for Ethereum rising and falling at any time If you buy and aim for the short term it is too risky,In my opinion
but if you buy for the long term I think is the right choice because many predict ethereum is the coin of the future

[South Park]

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

It depends on your goals, there is no doubt that ethereum is one of the best coins in the market, however if you are looking to make money in the short term I am not so sure ethereum is the best choice as the price of that coin has been growing for months now, however if your intentions are to hold those coins for the long term then even the current price could be attractive enough, just be careful when it comes to a long term approach I think it is preferable to buy your coins in several instalments instead of buying it all at the same time.

[Dr.Osh]

I think for now it's better to refrain from investing in Ethereum until the gas fee drops..

In my personal opinion, it is good decision to invest on ethereum. Ethereum is most powerful and potential crypto in the crypto market. Hopefully you can generate good money if you invest on it.

Ethereum will always be the best Altcoin for investment but the thing that is less good about Ethereum is the high gas fee.. 

yes, current gas really got me thinking before doing ethereum, or altcoin transactions on Myetherwallet. However, I still focus on ethereum, but for now, I don't think so often do Ethereum transactions because the fees are quite high. however, I am also still planning to increase the amount of ethereum I have.

[lienfaye]

but if you buy for the long term I think is the right choice because many predict ethereum is the coin of the future

I do think eth is best altcoin to invest in.
The price is unstable and following the movement of bitcoin.
But there's more to look forward to eth.
So I always consider eth, everytime im up to buy additional coins.

[Captain Corporate]

 Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

 What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

[Chainsmokers]

 Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

 What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

I see your goal for Ethereum is the future no one thinks badly of ethereum in the future the price will definitely go up, especially when crypto enthusiasts are getting higher of course it will affect Ethereum prices later but if there is a coin that provides a short profit why should you choose Ethereum to invest in

[Aqcizromencez]

of course ethereum is a good altcoin but you should look for opportunities to enter into investment, and I also think about when is the right time to buy ethreum and hold for a long time, but in the short term it may be difficult to make a profit buying ethereum.

[Republikcoin.com]

This is great, I also have the same feeling and it's been a long time since I felt it. It's not bad to put some funds into Ethereum because the project is really active and continues to grow quite well

My goals and my focus on ethereum have not been distracted today. probably pretty much a coin growing faster than ethereum. however, slowly but surely, ethereum prices are also developing higher. Well, so far, I'm still holding out and looking for Ethereum. maybe it would be better if you had them in bulk when the price was over $ 500.

[South Park]

 Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

 What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

The only problem I see with this strategy is that most people that I know have the attitude of living the moment and while that is fine in most aspects of your life when it comes to investing this is a very dangerous attitude to have, and this is because as soon as the price of the coin in which you invested begins to go down you will be tempted to sell and those that have that kind of personalty will sell for a bad price while people like us will keep holding their coins knowing that sooner or later we will recover our investment.

[Aabcde]

This is great, I also have the same feeling and it's been a long time since I felt it. It's not bad to put some funds into Ethereum because the project is really active and continues to grow quite well

I also chose ethereum to store some of my crypto assets. I think Ethereum will be much better in the future. I believe Ethereum is a solid crypto and will grow to make us rich in the future. ahaa

[Danslip]

 Investing into crypto as a whole is a great idea, doesn't matter if it is eth or something else. Unless you invest into a scam coin or a shit coin, you are going to make a profit and not lose money, you just have to wait for it to actually profit for a good amount. When you consider that people invest into so many fiat stuff that actually loses value even though price goes up, eth is so great because it increases in price so much that not only the price goes up but the value goes up as well.

 What I mean by this is that lets assume one gram of gold is 10 dollars and your salary is 100 dollars, next year one gram of gold is 20 dollars but your salary is 150, as you can see you lost value. This doesn't happen in crypto and specially in coins like eth, you actually get to keep your wealth for once and that is why I love it.

The only problem I see with this strategy is that most people that I know have the attitude of living the moment and while that is fine in most aspects of your life when it comes to investing this is a very dangerous attitude to have, and this is because as soon as the price of the coin in which you invested begins to go down you will be tempted to sell and those that have that kind of personalty will sell for a bad price while people like us will keep holding their coins knowing that sooner or later we will recover our investment.

Selling before the price hits the support level is a good idea rather than waiting for the market recovery phase. If there is a trading plan, sticking to the original exit point will be smarter but not everyone has the same patience waiting for the predictions price. In theory, selling before the downtrend is profitable compared to alternative scenarios.  There can be a price opportunity that lets you trade the ETH less than $250 but jumping this trade can be dangerous because catching the falling knife will not give back the best results.

[peter0425]

The best thing is first to read about Ethereum before you invest. It is a rule for every altcoin before you plan to invest. But it is a good plan! Ethereum should be in every portfolio.

Nice advise very rare and not been tackled here lol.

Investing is not just a game because this risking your money,so making research and deep understanding about the currency you want to buy is indeed.

But of course buying ranked coins will always be safer than shitcoins that needs Pump and Dump.

[ryap12]

The best thing is first to read about Ethereum before you invest. It is a rule for every altcoin before you plan to invest. But it is a good plan! Ethereum should be in every portfolio.

Since you are advising to have an Ethereum in every portfolio. What percentage should we have in terms of dominance within the portfolio? Noting that there is this Ethereum 2.0 coming by end of year or by first month of 2021. I would really like to have an idea because right now I am not sure which to hold and how much to hold. I have like 6 ETH only since I am not rich. But hoping I get some good profit if ever I get the right advise. Send me a PM if you are eager to advise me. Thanks!

[shoreno]

The best thing is first to read about Ethereum before you invest. It is a rule for every altcoin before you plan to invest. But it is a good plan! Ethereum should be in every portfolio.

Since you are advising to have an Ethereum in every portfolio. What percentage should we have in terms of dominance within the portfolio? Noting that there is this Ethereum 2.0 coming by end of year or by first month of 2021. I would really like to have an idea because right now I am not sure which to hold and how much to hold. I have like 6 ETH only since I am not rich. But hoping I get some good profit if ever I get the right advise. Send me a PM if you are eager to advise me. Thanks!

percentage isnt important but as long as you can be able to include eth on your list you are good to go . you said you have 6 eth in your wallet ? dammit thats too much and thats 100 percent or more if i were to ask because the rest of us that also hodl eth can only afford 1 or less than that . eth value is getting expensive thats why  . on what year did you bought your eth ? if you bought eth when thier value is still under 100 usd then ill believe that your arent rich but if you bought on the current value of higher , you must be lying that you arent rich .

[MCobian]

I definitely think you're in a right path. If you have enough capital to invest on crypto, you should invest on top coins and ethereum is one of the top.  Just next to bitcoin, ethereum has the second most volume coin in crypto market.  And ethereum coin has potential, so you could earn a profit even for an long term investment.

I absolutely agree, investing in Ethereum is profitable. Because Ethereum is indeed the best altcoins and one of the best cryptocurrencies
after Bitcoin. So as you say, very precise investing in Ethereum, especially for long-term investment. If we look at Ethereum's performance
in the market, we should be sure that Ethereum is very potential, I even predict that by the end of the year Ethereum can go up to a price
of $ 700.

[pealr12]

Investing on projects that is already on top 10 coins on cmc will give you higher chance of getting profit rather investing on unknown projects like the rising of defi projects.

[tabas]

Investing on projects that is already on top 10 coins on cmc will give you higher chance of getting profit rather investing on unknown projects like the rising of defi projects.

A correction from that. Not all from the top 10 coins from CMC are good to invest. But if that's your reference, I respect that although the logic of investing into the top coins is very much correct and agreeable.
Some investors look into the profitability of the defis rather than looking to the ones that's been existing and has huge liquidity because it's almost or near or even more than the existing has.

[JahriMeayer]

You can investment on eth, without any doubt. Ethereum 2.0 update and the imceasing volumes of DEFI projects will make eth powerful to reach the highest price ever. Its very clearly noticeable that Both of those are the main reason behind dramatically increase the demand for Eth in recent months. SO it's good plan to buy some eth & hodl tight for

[Arkann]

You can investment on eth, without any doubt. Ethereum 2.0 update and the massive growth of DEFI projects will make eth powerful to reach the highest price ever. Both of those are the main reason behind dramatically increase the demand for Eth in recent months. SO it's good plan to buy some eth & hodl tight for

Undoubtedly, the ETH2.0 update will bring a very good advantage to the platform and increase its investment attractiveness. In addition, you need to take into account the fact that all Ethereum owners will be able to receive passive income through staking.