Do you want become Rich from HODL? HODL ETH! Read here for the reason!!

[numanoid]

This is the reason

Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....

[wheelz1200]

I guess but with eths infinite supy dont you think it limits the upside of price as demand always has to beat not only the current supply but the influx of new eth constantly.  I would rather hold deflationary coins with a finite max supply like er um bitcoin

[Fatunad]

This is the reason

Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....

If that huge percentage been hold up by those institutions on the entire market then i wont be surprised that this project will really be slumping down to the floor once they would decide to sell off those holdings.
Im not really that eyeing too much on ETH 2.0 because that would still takes time but if that one comes then selling off with huge bags will happen.For those who can take up risk on Holding and accumulating
ETH then it would really be varying or depending on someones risk managemen.

[DoublerHunter]

^ Definitely right, this is very dangerous to the holders, if everyone decided to sell their ETH. There could be a huge impact of the price because they are holding a huge amount of ETH, we can consider them as a whale too and we must watch them out.
Nevertheless, I have doubt that ETH struggling to reach $2k, probably because of the huge fees that no one traders will use ETH on trading. It will contribute to increasing the price though. If volume 2.0 will solve this problem let us just give hope.

[republicrypto]

This is the reason

Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....

this is a good reason mate, but you should remember if the whales dump their eth, the price will going down hard,
because 70% of total supply is very huge buddy, so its better for us to split our capital not only on ethereum but in other altcoins too
regards

[numanoid]

What i mean, before they dump their ETH, you all must buy it now and hold until the near of ETH2.0, then you can sell your ETH on peak.

[bussybuddy]

I don't need too many reasons for the coins I love and use regularly in this space. I've heard of suggestions that could make Ethereum even better today. Depending on my experience as well as how you rate this market, ETH will always be a profitable investment for me.

[koang]

A trusted coin will always make a profit for us in a long run

Ethereum is the pioneer for blockchain-based smart contracts, as the first and original project to do so, I think it will always be the market leader.
Pioneer, this reasons enough for me

[btc78]

What i mean, before they dump their ETH, you all must buy it now and hold until the near of ETH2.0, then you can sell your ETH on peak.

Wait Before they dump we must buy? or After they Dump we must Buy because the value will surely drops low after dumping from Big investors?

But after How ethereum Moves this year , when Bitcoin is really making the road up to heaven ?
i will not risk my Money in ETH instead i will still choose Bitcoin or those Coins under Ethereum in top 10.

ETH is a strong coin, but i don't think this is worth Holding for just a year or two.

[numanoid]

~snip

I never ask your opinion

[ivankoh]

This is the reason

Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....

It is possible that the data has not been properly verified, but I am quite confident in the upcoming momentum of ETH.  A double-opening trend for cryptocurrencies as the idea of ​​enforcing a volatile economy in inflation will cause an economy degeneration that ETH's peculiarities can offset.  If the supply according to the data is more than 30%, based on current capitalization ~ 210 billion.  The level of value Hold offers will slide off the supply / demand frontier when ethereum 2.0 goes public.  If the proportion of 70% in the supply is occupied by whales, the risk will not be small.  But when bitcoin moves vertically towards its value level, that's probably the best condition for Hodl to keep making big bangs with ETH.

[susuberuang]

I think everyone wants to get rich from selling the etherem, so let's buy and invest with the etherem because the eth has the great potential in the future, especially now that ETH is experiencing a slight decline, and in my opinion this is the right time to buy and invade the eth, hopefully we lucky buddy.

[longyenthanh]

The fact that whales buy cryptocurrencies is no secret. However, I find it hard to believe such large numbers.
Also, I'm not sure how did you determine the timing of the Ethereum 2.0 implementation?
As for the Ethereum price growth potential itself, I agree with that, but it should be noted here that two most important things are unknown: How high the price will rise and when it will happen.
In other words, I agree that it is worth buying ETH, but you don't know when to sell and at what price to do it in ATH area.

[dishku]

After BTC I have strong believe in ETH this could move to much higher value beyond the people's imagination as like now smart money is getting involve and slowly they are revealing the their holdings to the public. I believe in future it will show really great results and will remain on 2nd position for long time.

[leea-1334]

Not for this only reason,it's better to hold.Holding of trusted coin will always make you profit in a long run.The price of Ethereum was 400$,when I had 2 ETH.I had sold my ethereum at the price of 600$.Because I had waited till it reached 550$.At that time,it seems profit for me.But it's not a profit ,if you considered for now.So always holding will be the best option.

Not necessarily and bad advice. A lot of "trusted coins" went down and some more will go down when this new defi wave falls apart.

I would say even NEO and Litecoin are trusted coins but they are still not close to their ATH now (I believe LTC is just only a matter of time of course but still,,, it is very far away).

[davidcarpediem]

 i saw few days ago in coin desk ETH 2.0 will be in July  not in one year
i think it will had a lot impact on the price is gas fee go down

[Ridwan Fauzi]

Sometimes holding a coin that we already known that the coin has been choosing by most investor and we know exactly how much they hold the coin will just make we loss our money.

Indeed, the price of the coin will always be up as long as the market sentiment is good. But we have to ready if the price crash, moreover if we already know the whales are holding a huge amount of ETH we will just loss our money in the flash time.

[Bustart]

This is the reason

Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....

We will soon see how eth could provide us the benefit of having patience, because if you're going to hold for long term I believed profit would come randomly. Through for now it's not yet booming up, but it doesn't mean we're going to stop. Let's face the future with determination and courage in order to gain confidence and let's see how the outcome will be in the next 5 years.

[Ziskinberg]

This is a perfect example of holding a promising coin like ETH coz we definitely not get disappointed in the end. Rich people will certainly be becoming rich as they can afford to buy more and hold longer.

Well, I don't have a problem with that but seeing the high fees is a big concern for everyone and a need to address immediately. Or, this is also a reason why people keep holding than seeling it? I hope ETH 2.0 will make a change, especially for the fee charges.

[judeafante]

It's hard to deal with Ethereum right now, trading and sending will eat up your profit, so you'll prefer to HODL and wait for the time that the gas fee is fixed, we have something to look forward to, they have announced an update this coming July, so if you prefer to HODL Ethereum because of the fee you will likely to make a profit when the gas fee is fixed.