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Author Topic: ETH sheep, buy now?  (Read 1574 times)
SquallLeonhart
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May 08, 2021, 06:38:15 PM
 #41

I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?
I don't get why people are doing these things so late. I mean ethereum has been very low for a very long time and nobody took any interest in it. I remember it reached as low as 90 dollars I think during the 2018-2019 altcoin bear run, that is the lowest I can remember to be honest so you may not get in that low and that is understandable but asking if you should get in at 3.5k+ price is just a bit weird. What was the reason you didn't get in so far, and what is the reason why you want to get in now? That is a very important question.

I personally think that if you didn't know about ETH before and you just heard about it, maybe you should not start from that much top, or better yet you should not even start during a bull run, wait for them to have a correction and drop first and then get in, wait for at least a 20% drop which happens like once a month.
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May 08, 2021, 06:52:53 PM
 #42

That's right, wait until the ETH price drops, don't rush and buy when the price is high, maybe we can see other altcoins that have good potential, while waiting for the ETH price to really drop and that's the right time for us to enter.

Now it is very difficult to determine what the price of Ethereum is really low. A week ago, when ETH was trading at $2800, many were also waiting for a price correction to buy ethereum at a lower price. And today, they are forced to buy ETH at the price of $3800, regretting that they did not buy it at the price of $2800. Tomorrow, perhaps someone will regret that they missed the opportunity to buy at the price of 3800.

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May 08, 2021, 07:35:06 PM
 #43


Hello friends, everyone knows that this year is the year that senior coins go up, namely BTC, ETH, BNB, and Doge. Even Stellar Lumens coins go up at fantastic prices. Therefore, nowadays it is better to buy coins or tokens that have not entered the market with good coin or token criteria.

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May 08, 2021, 07:41:15 PM
 #44

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It's really not advisable to invest in ethereum, if you are considering holding for short term, because ethereum is on its highest level now, Though there's still a lot to be accomplished and the possibility for massive growth is high. To be on the safe side, it's good to invest in ethereum if you want to hold for long term.
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May 08, 2021, 08:03:10 PM
 #45

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It's really not advisable to invest in ethereum, if you are considering holding for short term, because ethereum is on its highest level now, Though there's still a lot to be accomplished and the possibility for massive growth is high. To be on the safe side, it's good to invest in ethereum if you want to hold for long term.
Of course Ethereum is very good now. But buying directly now is not a good idea. The market is very impulsive, and you can still wait for a correction. Then it will be better to buy!
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May 08, 2021, 09:05:31 PM
 #46

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It may be too late to buy Ethereum at a low price, because the price keeps going up. It may be possible to buy at a price slightly lower than the daily price change. Eth is aiming for $5k, so how can we wait for ETH at $2k. Of course it takes a long time.

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May 08, 2021, 11:06:26 PM
 #47

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

The price of ETH right now keeps increasing day by day and it creates another big wave of ATH which is the best thing that happens in the Ethereum industry this year. It's up to you if you don't have any guts to invest in this current situation while the others have their courage upgraded and they jump to invest in this new era of ATH in the ETH market this year. It is ok to try this time since the market has no sign of backing off, we never know that the price might not go down for a long time after this.

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May 08, 2021, 11:09:53 PM
 #48

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

Are you here for short term or long term ? If you want to hold Eth for long term then you can buy now and you won't regret your decision. For short term, Ethereum may dump a bit and you can grab between 2300-2500$. In case, the ethereum did not reach these price levels, then you will probably miss this ethereum rally.

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May 08, 2021, 11:22:42 PM
 #49


You are new to the crypto space and your first thought is to buy Ethereum, I must really tell you that before embarking on such, you need to understand that Ethereum is at a very high price and in as much as it has more room to grow it can also dump; the crypto space is unpredictable and highly volatile. Also, you need to know the underlying risks you are getting involved with so that you will be better prepared with whatever you meet on your crypto journey.
Nevertheless, I would say, first get the neccessary knowledge you need, go for other good coins which are not too high in price, buy at a cheaper price and save your profits as at when due, then wait for Ethereum to correct or retrace and buy, but be sure you are willing to hold long term. Lastly, if you are thinking short term, then Ethereum might not be for you, unless you have a good trading experience to know when to enter and when to exit the market or your trade.

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May 08, 2021, 11:32:08 PM
 #50

There will be always the same question, when is the better time to buy ETh, is it good to buy ETH right now, and so on. Until the price keeps increasing and we still don't decide to buy any ETH.
Sometimes a brave decision is needed but still based on our own research. So far I can set a price for buying ETH or other coins. And they take profits at certain rates after getting profits. However, for ETH itself, I am still very sure about the rate that can really keep increasing.

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May 09, 2021, 06:32:38 PM
 #51

Anyway it depends on your strategy. You can never predict the top of a coin, especially in a bull market. And with the upcoming upgrades to Ethereum blockchain, more price growth is expected. I sold some ETH off at $350 thinking to buy lower but the price kept rising.

I didn't buy again until ETH reached $1600 last month. Now, I'm comfortably sitting at more than ×2 of my entry. And I'm in for the long term, I don't care what the price is kow. But for short term traders, the price may appear too high to enter.
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May 22, 2021, 08:42:35 PM
 #52

Buying low and selling big is the fundamental principle of trading and investing. If the price continues to rise, you will need to wait before the price falls to a low level before entering the market and purchasing ethereum.
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May 22, 2021, 10:01:25 PM
 #53

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It's really not advisable to invest in ethereum, if you are considering holding for short term, because ethereum is on its highest level now, Though there's still a lot to be accomplished and the possibility for massive growth is high. To be on the safe side, it's good to invest in ethereum if you want to hold for long term.
Of course Ethereum is very good now. But buying directly now is not a good idea. The market is very impulsive, and you can still wait for a correction. Then it will be better to buy!
indeed we do not know how long and how much the correction will take, whether it will get below the price of $ 2K or it will stop at just $ 2K. which means that the correction can reach almost 50% more than the ATH recently carried out by ethereum.

If there is still a deeper correction, of course, you have to wait patiently until it is completely finished, for the opportunity to buy, but if you buy it too late you will lose the moment to be able to enjoy the benefits of the correction.

So you must continue to monitor the movement of ethereum at all times because the movement is quite fast and can be unpredictable.

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June 13, 2021, 09:42:34 PM
 #54

The primary idea of trading and investing is to buy low and sell high. If the price continues to grow, you'll have to wait until it reaches a low point before joining the market and buying ethereum.
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June 13, 2021, 09:57:54 PM
 #55

indeed we do not know how long and how much the correction will take, whether it will get below the price of $ 2K or it will stop at just $ 2K. which means that the correction can reach almost 50% more than the ATH recently carried out by ethereum.
Almost a month and the price of ETH is still hovering  over $2500, i personally did not expect the price to rally this high a few years back but they are creating all these hype through social media and even when the transaction charges were crazy high they were promising that they situation would change after the upgrade and yet we have no idea when that would be and still the price rallied on expectations which is really crazy.
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June 13, 2021, 10:45:43 PM
 #56

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

The first step is the money that you are going to invest is not necessary in your expenses.

Because if you invest and need the money, it is very likely that you will come out with a loss.


If you want to invest in ETH, right now would not be the best time because it is very inflated.

I would expect a solid floor, that is between 500 USD and 700 USD right now.
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June 13, 2021, 10:53:12 PM
 #57

The results of your trades depend on your actions. Buying at low and sell it high is efficient, but the challenge is the time when you have to do that knowing we can't predict the market. In that case, you will in need of TA's (don't ask from others), it is a helping tool for you to help in making a decision but please be reminded that it can't be a hundred percent sure. Yeah, it is very important to watch the market trend before buying.

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June 13, 2021, 10:59:24 PM
 #58

I think the price of ethereum is still too expensive to buy, I prefer to wait for the price of ethereum to fall a little deeper and be able to buy as much as I want, currently the gas transaction fee is still very cheap so I better use it to do erc20 altcoin transactions between place of exchange so that it can make a lot of profit from price differences at the place of exchange.
If you saw Ethereum's price last year, You will consider it too expensive because of the rally it makes during the bull run. Ethereum price growth this bull run is so big that we don't have any assurance that ETH will return to your target buying price this year.

Do you mean arbitrage trading? Where you will take advantage of the price difference on different exchanges?
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June 13, 2021, 11:13:18 PM
 #59

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?
Yes, you have to wait for the price of Ethereum to go down. To be honest, I think that now is not a good time to buy, as the value of Ethereum has reached $2,500. You have to be patient until you buy the dip. There are also promising currencies other than Ethereum, whose prices are good. You have to examine the market well and identify the tokens that you want to make money from.

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June 14, 2021, 12:45:19 AM
 #60

Hi Smiley I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

I suggest buying, even though many are afraid and most of them are panicked, so now is the right time to invest, I'm sure the demand for ETH will continue to rise so that the price skyrockets again
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