ETH is falling fast right now. At what point do you get out?

[molsewid]

Stock market is crashing again due to the increase of covid cases which affected the crypto market as well but remember what happened last year when price crashed, the price of bitcoin and cryptos recovered and reached new heights which may happen again if the world wide crisis is gonna happen.

I do visit blockfolio minutes after i seen this thread but i do feel sad to see that my favourite cryptocurrencies like bitcoin, ethereum, binance, polkadalots and KSM are all in red mark. But what i do really feel sadder was to see ETH at -92.56 price drop, i do still hope for the good market cap of ethereum even this market only shows the fast falling of market price of ethereum. The stock market really crashing again but for the main reason why, i'd still didn't know.

[memyselfandi]

Still hodling right now because what eth are experiencing right now is a normal and nothing to worry about. Market price declining from $57k to $51k is normal in crypto market and it is called as market correction or market equilibrium wherein a coin will decline for a certail percentage but it will not continuously decrease. That is why I am still on hodl right now.

[sujonali1819]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

It’s consider as normal. Because when bitcoin does not act as normal what people expect, this can happen. So the main reason of it is bitcoin is not stable right now.

You have to know that bitcoin move forward and downward both are affect altcoins move. Only when btc keep stable the prize or trading sideways alcoins move up in short periods.

[MishaSER]

Guys, it doesn't seem to you that the highest ETH price has already been reached, in my opinion you need to take profit and keep in USDT or look for other projects. If you bought at $ 1000 and below, fix the profit until it's too late, you have already earned)

[meldrio1]

For sure it is just temporary many will buy at that price if it is going down to $1400 and I'm sure the price will recover. Ethereum still good investment, good to hold for long term because I believe it will hit $5k in the future but first they should fix the gas fee.

[Bitstar_coin]

Well it seems the correction is over and now things are ready to go to the next level,  hopefully the worst is already over for now, I think that was an opportunity for people to get in, now price is recovering slowly and price of eth is at $1,665 right now.

[hahay]

I was out before the sharp downturn but that doesn't mean I left it all, at least I still hold onto ethereum for future gain. But so far in the last 24 hours I think the price can still recover quickly even though it was a sharp decline, with this quick recovery I don't think there's anything to worry about whether it will be $1.4k or not, because even the lowest price is still around $1.5k and it still looks fine.

[senyorito123]

For sure it is just temporary many will buy at that price if it is going down to $1400 and I'm sure the price will recover. Ethereum still good investment, good to hold for long term because I believe it will hit $5k in the future but first they should fix the gas fee.

Indeed, falling of ethereum value is a big chance to those who doesn't have ethereum while to those who have ethereum it's there time to hold and wait for the big increase of value. So confident that it will back to it's normal value or much higher than that. We know the fact that there is no stable value in crypto world. Better be patience,wait and trust the happenings.At the end, there is a good result in every thing you do.

[DaMut]

Well it seems the correction is over and now things are ready to go to the next level,  hopefully the worst is already over for now, I think that was an opportunity for people to get in, now price is recovering slowly and price of eth is at $1,665 right now.

nothing is certain in this space, the price may be up for now but it does not mean it will keep moving on.
Bitcoin and other major cryptocurrencies are bleeding at the same time, it shows something big about to happen whether it is up or down.
based on chart we should see another downward movement or testing 50.000$ for Bitcoin before we can be sure the direction of all cryptocurrency.
if it breaks that level, ETH will go deeper than before. just prepare your strategy to face the worst.

[Oilacris]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

$1690 at this moment where those people who had sell out and never able to buy back on $1570 will really be having some regret and this is just only for those scalpers or active traders
but for swing type of trades? then this isnt something a big deal but for getting or making profits in short time then this one is relevant.

Dont easily panic when there are some sort of price corrections because those are just typical things.When you do let your emotion control you then it would really be hard.

Falling is normal but those are just part of typical normal days in crypto.You should know on how to play with the waves.

[crypto-performance]

Just Buy & Hold, honestly.

[Ewox]

Not everyone wants to get out at a 5% drop of price, and since Ethereum has huge transaction fees lately; most would tend to just hodl their Ethereum until it reaches a new ATH again. I mean if I were to have Ethereum and the price is dropping to $1,500, it wouldn’t hurt me a lot. I’d rather wait and see if it’ll reach a new ATH or drop more to like a $1k or something. And then I’ll probably buy more Ethereum.

[tygeade]

For sure it is just temporary many will buy at that price if it is going down to $1400 and I'm sure the price will recover. Ethereum still good investment, good to hold for long term because I believe it will hit $5k in the future but first they should fix the gas fee.

5k is almost guaranteed as logn as this bull run continues and ETH manages to get that fee down. Price of eth is doing fine right now, it is at around 1.6k to 1.7k and that is fine, and was even over 1.7 fairly recently, I think as long as it can stay above 1.5k during this period I believe it would definitely reach to 5k level after this summer without a doubt, it is going to get lower fees and that is going to change a lot of things.

However people do not realize that, and there is also a chance that before the fee structure changes, maybe a bear run would happen in all of crypto? It could honestly reach to a level where it would be super low and bitcoin and all others everything could end up dropping? That is what I think we have as a risk right now, that is what people are afraid of. If that bear run doesn't come and the prices are still high, eth will definitely go up.

[bitterguy28]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

But the price is still playing from 1,600-1,700?

https://coinmarketcap.com/currencies/ethereum/

if you want to get out then do it , but Don't lure others here because you only causing FUD.

Just Buy & Hold, honestly.

ABSOLUTELY correct.

OP must Learn this than Panicking..

[poldanmig]

For now, I still hold Ethereum to invest in the long term. I still believe in ethereum besides I use it for trading on Uniswap and also the current downturn farm is not that big. As long as it is still in a bullish trend and hasn't shown a change in trend, I will continue to hold on Ethereum. If you buy at the price of 1,000 $ a quick dump might be able to place a Stop Lose if you are trading ethereum. I'm still not too worried about yesterday's dump

[southerngentuk]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

And now there will be more people regretting that they didn't buy it because of the discount. A repeating old story, this story will not be stopped as there will continue to be more new people entering the market, and they will again be psychologically fluctuated before the market corrections such as time past.

[mamesso]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

Your main goal is to buy Ethereum to get profit when the market is bullish, and you can also lose when the market is bearish, however, the profit and loss in trading are something that cannot be avoided. When the market is bearish you decide to exit, then you will lose half the money you have.
Don't worry too much buddy, the market will be fine, Moreover, Ethereum is currently innovating to become Ethereum 2.0, you will get multiple profits when the price of Ethereum has increased in the future.

[Zeque02]

$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.

Each of us aim a huge value to have a great profit but the most challenging part on how long do we hold the ethereum that we have. We can't deny the fact that we need a great return but in some point we expect a possible losses that may affect as the time passed by as well as the value is still moving.

[k@suy]

Each of us aim a huge value to have a great profit but the most challenging part on how long do we hold the ethereum that we have. We can't deny the fact that we need a great return but in some point we expect a possible losses that may affect as the time passed by as well as the value is still moving.

But at some point there are some reason why we still hold back why we don't dispatch the Ethereum that were hodling. We can't deny that the market price movement of ethereum was not quite impressive, some of us are maybe made a decision to save them from huge loss if ever but for me i'd still have the guts to hold even a small counts of ethereum if i can because i do still believe that Ethereum was still a good altcoins to invest with.

[tabas]

Each of us aim a huge value to have a great profit but the most challenging part on how long do we hold the ethereum that we have. We can't deny the fact that we need a great return but in some point we expect a possible losses that may affect as the time passed by as well as the value is still moving.

It is not a challenge. You only need to determine how long you're going to hold Ethereum. For people that have bought Ethereum and unlikely to sell it at price under $100 before, we've just held it until we see it on a thousand right now.
I was tempted to sell on $500 but good thing that I didn't and just kept the faith holding it that there will be better things to come. You only need to wait until you can or sell if you want and needed.