What looks like a bad investment but it is Not

[KnightElite]

It is not bad investment but what you did is a bad strategy because you do not have a right plan when you enter in the market. What you did is FOMO because you bought at the peak without knowing that there is a high chance that the price of the Ethereum may resists in its current resistance. That is why planning is really important and a certain investor or trader should have plan first before entering in a specific trade.

A good plan should consist of good entry point where you should indicate the reason why you will buy, you should have also stop loss wherein you have a strategy in order to protect your capital and also the allocation that you will put buying an altcoin.

[laluna24]

This happens to those who go with the flow with the current trend. When you invest in a certain project make a strategy plan because the market is volatile and we are not certain if it will continue to increase. The thing that you will do is hold for the meantime, there is the time ethereum will increase again.

[Marma Kalari]

If you invested in any top coins in the market you could have gained a huge profit by now. I had my doubts on some of the coins but some have surprised me as some have grown over 100% in the past few months and the time for investment risk free is over and anything you invest right now has a level of risk as the price is high and for anyone who invested a year ago, just reap the profits.

[gurunanakji777]

We must know the Crypto market is not a quick rich scheme like this it's a highly volatile market So whenever we buy any coins we must prepare it can drop or rise the moment we bought. If you have a long-term plan then you don't need to worry whether the market goes against you. Now Ethereum is 594$ so you are in profit now even here people waited for 2 years to be in profit & I must say you are luckier than others who are waiting to be in profit from the last 2 years. Ultimately we can say on the basis of somedays movement we can not judge a coin whether it's a bad investment or not.

[Ziskinberg]

So this is about ETH coin.

This coin is my favorite in altcoins department, remember when it dump so hard that the price even dropped to $70 or $60 and people thought ETH is over, or crypto is over because bitcoin also dump $3K plus that time, they actually go with the trend, so ETH now is bullish because bitcoin is bullish.

Those development are not appreciated when the market is bearish, so I understand what ETH has been doing now, they like to ride with the bullish momentum.

[tvplus006]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

You didn't buy Ethereum at the right time when the coin price was trading at $100-150. So you had to buy it on high. But you don't have any loss from such a purchase until you sell the coin below the price at which you bought it. Even today, the price of ETH exceeds the price at which you purchased it, but everything can change in an instant if bitcoin goes for a correction.

[bosede1]

This is not a bad investment, buying at that price and later what occurs might give you the impression but the market will decide it soon. Take your time now holding your coin and wait patiently for the green light to come like your prediction.

[Cadaver20]

I will never call your investment a bad investment. The main reason for every investor to invest is to make profit. You have also invested thinking that it will be profit. But you could have made more profit if you had bought ETH at 480-500USD.  Like you I hope ETH will be 900-1000USD. The state of the market can be understood only after the launch of ETH 2.0.

[leea-1334]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

ETH already passed $600 once and now after falling back down to below $500 it has recovered halfway of the journey back to 2020 ATH.

I do feel in two worlds about ETH. I bought it a bit late around $400 so I am in profit now and I am confident it will go back to $1000 at some point, but I was actually a converted buyer. Avoided it all the way until 2018/19 when I finally saw that ETH was not as bad as it used to be.

Definitely for me, seemed like a bad investment at the time. But you have to hand it to them. They have done a lot for themselves now and have proven their utility.

[hannahB4]

Like you have rightly said you will make your profit back but have to wait. I joined this forum 2017 and I was glad I did though the latter part of the year got me thinking but here we are 2020 and with the recent green light I was overwhelmed looked at the space of two years but I can tell you it worth the wait.

[gaston castano]

no problem its just correction before the price go up again, not only eth also btc and other alt coin has decrease in last 3 days.
but today its seem look bounce back and eth already reach 600$ again, btc its going 19000$ and try to reach new ATH, once its reached.
they will up even higher maybe around 22k$ to 25k$ for the early.

[Tomtomwole]

You are already in profit now. A trader needs more patience to see a trade through without minding any emotions. This time almost all coins will make increase. Taking profit rightly is the most important.

[chip1994]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

Although the price of ETH is back and above the $ 580 level you bought, I would like to comment on your trading strategy.
At Spot Trading, you should have a long-term plan instead of acting like a margin trader. The price just dropped to 500 $ and you are complaining, which is a signal that you have a very vague plan on the price of ETH in the future.
So I think you should look at W1 or D1 chart and draw trendlines for easier identification and a better trading plan. Your mentality is fluctuating quite strongly at the moment, so learn to hold it back and be more consistent with your profit goals.

[Wapfika]

Like you have rightly said you will make your profit back but have to wait. I joined this forum 2017 and I was glad I did though the latter part of the year got me thinking but here we are 2020 and with the recent green light I was overwhelmed looked at the space of two years but I can tell you it worth the wait.

Many already left after 2017 pump and since it Continuous to dump after that, but those who are really particular in trading is definitely able to cope on the situation. It is also because of DeFi projects that many were back in tract again before the bullish season happen. We just need to wait and find ways to earn whenever there are dumps happening in the market.

[2tang]

You are already in profit now. A trader needs more patience to see a trade through without minding any emotions. This time almost all coins will make increase. Taking profit rightly is the most important.

true, traders should be able to control their emotions every time they trade in the market, many traders are trapped in greed for big profits until they end up experiencing big losses, if we are good at seeing opportunities you will certainly find it easy to get profit in doing an trading. currently eth and other altcoin prices are in a bullish trend so this is the right time for us to buy and do day trades.

[Anish02]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

I think you haven't done anything wrong because ETH has already started recovering it and making momentum. As well still there is time reaming for ETH 2.0 launch, so without its launch, ETH has again crossed 600$ and now you could understand after the launch of ETH 2.0 it would grow more and that time you would get a good opportunity to make a profit.

[traderethereum]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

I think you haven't done anything wrong because ETH has already started recovering it and making momentum. As well still there is time reaming for ETH 2.0 launch, so without its launch, ETH has again crossed 600$ and now you could understand after the launch of ETH 2.0 it would grow more and that time you would get a good opportunity to make a profit.

Ethereum will be more than just $600, but you need to wait for that time because that will be a mystery that no one will know when it will happen.
I heard that the staking process has already begun, but I am not sure that maybe you can search for other news so that you can know more details.
With the price now, Ethereum will have a chance to break the highest price, and many of us want to see ethereum can hit more than the last ATH.
If he can buy ethereum at a low price, he can take his profit now, but maybe he can hold it for more because the price can increase again after this.
But he needs to analyze more to find what will happen to ethereum at the market, so he will know what he needs to do.

[joseyphil82]

Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.

You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice

[flyer88]

You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice

I think the price of $580 is still very reasonable, you will not lose if you hold on because I am sure the price of $600 will be reach soon. Right now the market price is in a bullish period, so don't worry if you hold ETH at $580 because when Ethereum 2.0 is launched I believe the ETH price will exceed $600.

[ultrloa]

You have nothing to worry about, Ethereum is going over 600$ whether you believe it or not, the adoption rate is insane due to the ETH2.0 and of cos proof of staking, I read on news that many have already deposit eth for the staking, this December everything will take an unexpected turn for Ethereum, you made the right choice

I think the price of $580 is still very reasonable, you will not lose if you hold on because I am sure the price of $600 will be reach soon. Right now the market price is in a bullish period, so don't worry if you hold ETH at $580 because when Ethereum 2.0 is launched I believe the ETH price will exceed $600.

It already surpass the that figure so maybe there are more price pump coming since as you said ETH 2.0 is on hype right now and binance is also doing a eth 2.0 celebration which for sure adds the hype and create demand for ETH so maybe for now let's monitor the eth market and set on best position since maybe we can see a good pump with it these days.