did I make mistake?

[kevinzxz]

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

in my opinion you are not wrong if you invest in Ethereum, because Ethereum is one of the best cryptocurrency for now and I also see that the price of Ethereum has started to increase slowly, then of course the price of Ethereum will definitely increase very high and the highest price of Ethereum is $1400, so I believe that the price of Ethereum has a chance to increase higher than $1400.

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[inoes]

Stick to your analysis. Eth is now starting to rise, well this is natural because crypto currency number 1 has risen so high that Number 2 also doesn't want to be defeated and certainly goes up. But don't forget to stay tuned for market news and analysis. 1 negative piece of news can mess things up. Because it often happens when there is negative news, will makes investors compete with each other to sell their assets.

[MCobian]

You are doing the right thing, because ETH will definitely go up following the price of Bitcoin. But ETH holders must be more patient,
because the increase will not be as fast as Bitcoin. Moreover, based on the results of the analysis that I did, alt seasons might occur in 2021,
waiting for the Bitcoin price to stabilize and its dominance in the market to decline. So don't sell the ETH that you have bought, just wait for
the ETH price to be pumped. My prediction is that ETH will hit a price of $ 1000 by early 2021.

[btc-facebook]

you did not make a mistake, you are right to buy ethereum because ethereum has a strong bull trend than other coins, when compared to other coins ethereum will slightly touch its highest price, this indicates that ethereum price will soon touch new ATH.

[judeafante]

because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

I don't see it going down to 50% and I don't see any altcoin will surpass Bitcoin supremacy, not in the next ten years we will have more of Bitcoin in the next five years because adoption is in the hype and I don't see Bitcoin going down, it represents everything great about Cryptocurrency we can support altcoins but Bitcoin is still the coin that will reign.

[Malam90]

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

Nothing can be said in advance whether your decision is appropriate. When Bitcoin dominance will decreases, altcoins dominance will increase. There are a lot of possibilities to fill up your target but no one can sure. We strongly believe that Ethereum such capabilities and potentialities from the perspective of the present situation. I don't think your decision is wrong.

[Santri]

I'm not going to say you made a mistake but if you've seen BTC Domination increase then why don't you invest in BTC? why did you choose ethereum, we all know that the increase in ETH is because it is influenced by BTC but if BTC then ETH will also experience a dump, but we better wait until BTC is more stable, maybe the altcoins season will come

[Rabi3]

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

you're the only one who can decide, but i think you made the right choice, i also thought the same (i haven't invested though) i think ETH can reach all time high price, or maybe a little bit under that, but it's up to you to do whatever you want, i wish you all the best.

[necromastery]

You even do the right thing to buy it althought at this time, eth currently has increasing $80 from 26 to 28 december. If you invest your money in eth or btc, that's really nothing to worry about, the prices both of them will continue to soar, just need time for that.

[SquallLeonhart]

As we can see from today's movements, it is clear that you didn't do a mistake. While bitcoin price is no longer 27.75k at the moment, while still high but a bit lower, ethereum price is over 660 dollars as well. I can't really explain to you how much we can promote ETH right now because its going to be one of the best in the long run. This doesn't mean bitcoin will not go up neither by the way, bitcoin could still go up, and maybe it will go up more or less, but that is irrelevant to ethereum price.

I can understand that bitcoin going up could mean eth going up as well, or bitcoin going down could mean eth going down as well, but those are "could" and not "will" which means ETH investment are irrelevant to btc investments. I would say having ETH in your wallet for the next year (2021) will be a great decision and it will go up a lot with eth 2.0 phase 2 so keep them.

[KaratX]

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

Have some guts and patience pal, Ethereum is over 700$ today and I'm sure this is just the beginning, bitcoin dominance is over 65% too, this is a sign that Bitcoin still have alot to show in this bullrun season, it will be wise to hold your Ethereum and fold your arms in waiting

[gabbie2010]

Based on the past price historical data between BTC and ETH it is obvious that once Bitcoin is bullish definitely ETH too will follow the trend , "history repeat itself" you invested in eth appropriately and the right time, Bitcoin is in a bullish runs once the bullish trend runs is sustained with present volatility other notable altcoins like eth, bch and LTC will follow-suit except some few coins like XRP that has not really trended in this bullish runs.

[crwth]

IIRC, ETH reached an ATH almost at the same time as BTC. It's just that right now, what we are experiencing, has reached nowhere near its ATH with ETH but multiple times with BTC. It's just that, as you said, the domination with the market cap is large now, and it's all in BTC. Maybe you have made the right decision, maybe not, but as long as you are taking risk management with the right discipline, you could never go wrong in your decision.

[kapalmabur]

You even do the right thing to buy it althought at this time, eth currently has increasing $80 from 26 to 28 december. If you invest your money in eth or btc, that's really nothing to worry about, the prices both of them will continue to soar, just need time for that.

it's better not to put your money or capital in Bitcoin,
because the current price of Bitcoin has reached new ath, of course a correction will occur,
every increase there will be a decline, it's better to buy altcoins, yes and ethereum is a good choice.

[zeingrind777]

In my opinion, it is not a mistake. ETH is the most superior Altcoin to invest in besides bitcoin. Although Bitcoin dominates the crypto market, ETH will also grow as the altcoin season comes. I don't know for sure when the altcoin season comes like 3 years ago. but for sure, the altcoin season is coming and ETH will also increase its value in the crypto market.

[DevilSlayer]

There are a lot of mistakes that you did base on my understanding on what you just posted, you said that you allocate all of your money in Ethereum and for me it is bad because there should be proper allocation because it is part of a good risk management; you cannot just buy with all of your buying power because there is a high chance to lose your money in just short period of time. Your entry point has also mistake because you bought Ethereum without any conviction where you just think that the dominance of the bitcoin will decrease. My advise is you should understand the chart very well wherein you know when to enter and when to exit perfectly.

[NavI_027]

because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400)

Ahhmm, as far as I am concern, Ethereum's price really pumped hard as well during the last quarter this year. It is currently $700+ and it's not bad at all. Such price is not the problem but you. You didn't made a mistake on investing on it, it is you who are expecting too much. No offense meant. Well, if you really want to hit that target then keep waiting, that's the least thing you can do .

because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

You are right somehow but eth is a little bit different among the rest. In my opinion, eth is btc's shadow. So if you may notice, when btc pumps, eth pumps as well.

[inanilujimi]

the decision you make is good or bad has happened, in my opinion the idea to buy ETH is not bad because everyone knows that ETH is the second best altcoin after bitcoin, with the ETH 2.0 program that has started it is not impossible that the price will increase due to staking on the network ETH which makes a small supply circulating on the exchange, which could increase the value of ETH.

[LogitechMouse]

now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

Ethereum's price right now is at $722 so right now you have a ~$70 profit per Ethereum that you bought.

Is it a mistake that you invested in Ethereum?? Nope and I think that you are just right on time because right now it is starting to increase already. Looking at its development, Ethereum is on progress with its ETH 2.0 and when that is done price of Ethereum might spike even higher. I believe that there are some investors right now that are holding ETH including me so if you will ask me, there is no mistake on this. Just hold it until you reach your target price .

[safari88]

i think you should change your personal text to "I ❤ Ethereum" i'm not really sure about the bull run of the altcoins but i think they would not happen at the moment as i've seen that the bitcoin is not yet ready for crashing and may just having its price correction well i have some ethereum on my wallet for long term investment just in case honestly ethereum is really a good investment too.