djgtr (OP)
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October 15, 2021, 01:49:23 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
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Al Qiyamah
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October 15, 2021, 02:29:22 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
When is the right time to buy ethereum is actually relative according to one's ability, because if only we knew from the past that ethereum would soar drastically like now, of course the right time to buy ethereum was around 3 or 4 years ago. but it's never too late if you want to buy ethereum now, because it is predicted that the crypto market will continue to show a strengthening trend in the future, moreover your choice is ethereum which incidentally is the second largest crypto currency after Bitcoin, I'm sure upgrading ethereum later will improve price of ETH to new ATH.
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Coin_trader
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October 15, 2021, 02:38:18 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
Anytime is the right time if you are planning to just hold for a long time or used it as a transaction fee for an ERC20 token transfer. If you are a swing trader then ofcourse this is not the right time to buy because it was heavily pump on last few days. It depends on your purpose to determine the right timing to buy. ETH will be a good buy in general due to the point that you mentio above.
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Imam Nuddin
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October 15, 2021, 02:40:08 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
When is the right time to buy ethereum is actually relative according to one's ability, because if only we knew from the past that ethereum would soar drastically like now, of course the right time to buy ethereum was around 3 or 4 years ago. but it's never too late if you want to buy ethereum now, because it is predicted that the crypto market will continue to show a strengthening trend in the future, moreover your choice is ethereum which incidentally is the second largest crypto currency after Bitcoin, I'm sure upgrading ethereum later will improve price of ETH to new ATH. I agree with this opinion. that it is appropriate and inappropriate according to one's abilities. however, if I have the ability financially. Now is the right time to buy Ethereum considering the market conditions.
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cryptoaddictchie
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October 15, 2021, 03:00:58 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
If you can manage to do DCA its better. Buying constant dip could make you own eth slowly but surely. There is always a retracement and we must bought during this time. Im not sure whether the upgradw couls change ethereum stance, since there are lots of blockchain stepping up and trying to beat them but of course we all knew how strong eth is. I also hold few eth, and waiting for more development upgrade.
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shinratensei_
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October 15, 2021, 03:01:48 AM |
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Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning.
True but i should remind you that ethereum doesn't have maximum supply. There's no point to burning if that has no maximum supply/ hardcap. The only possible thing to prevent the inflation but you can see the daily burn rate of ethereum. https://twitter.com/ethburnbot Sometimes ethereum burns more than total coin issued but this is happening in a short time. Is this the right time to collect eth and wait till upgrade happen?.
It's not the right time to collect some ethereum if you wanna use this as short-term holders but it may be different when you are willing to use it as long term investment. The entry price must not be an important point to enter into the ethereum market coz you're waiting for the bullish trend to happen with bitcoin that will give impact to the ethereum. If you wanna speculate if ethereum update will bring another FOMO and it's worth to buy ethereum right now even when it's on the bullish trend.
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Fundamentals Of
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October 15, 2021, 03:16:00 AM |
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Yes, I think so. If you wish to buy a coin as strong as Ethereum, you should not be waiting for the major update to happen. You need to stack yourself some amount earlier. That's before the update takes place and creates more hype and FOMO. The update of Ethereum is effectively shrinking its supply. That will cause the available coins in circulation much smaller which will in turn cause the price to rise. The demand of Ethereum has always been strong. In fact, there is even the rumor of flipping Bitcoin. I don't agree with that of course but it is safe to just have some ETH in case it rises even more which is most likely happening.
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hello_good_sir
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October 15, 2021, 03:39:26 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
There is never a "right time". You should just dollar cost average your way into your ETH position if you believe in it for the long run. It is clear that Ethereum is here to stay and it's got really good technology. At the end of the day, it doesn't really matter whether you buy at $3k or $3.5k as long as you keep consistent with your purchases over time.
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mindrust
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October 15, 2021, 04:31:03 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
The best time to buy ethereum was yesterday. The second best time is now. You cannot go wrong with buying eth as it already has proven its usecase and going no direction other than up against the dollar. Remember. Today's high prices are tomorrow's cheap prices. It might look like expensive now but when tomorrow arrives you'll tell yourself: "I was smart to buy eth yesterday."
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RILWAN
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October 15, 2021, 04:43:09 AM |
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Judging from our experience from the recent ethereum upgrade some months ago which was focused on solving issues of transactions fees and network congestion with the introduction of the fee burning mechanisms, I will say ethereum is the best choice for long term investment as it guarantees profits in the long run with is present invention and upgrades.
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October 15, 2021, 05:09:13 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
Not sure if it is a good or bad idea to buy Ethereum as the level right now. Technically, the best price to enter is when it went below $100, but that was 3 years ago and for sure maybe some of us here become a bagholder and bought tons of Ethereum that time. But if you really think long term then why not go for it? maybe you can still make a lot of money in the next 3 years?
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Strongkored
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October 15, 2021, 05:29:32 AM |
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If you still have funds why not, hold it until the price target, but if you are a day trader then asking this is not the right thing because you need the right analysis. I think you will lose the right time because too busy asking, the market movement is quite fast when the price goes down you are hesitant to buy because you are afraid it will go down as well as when the price goes up afraid because you think the price will go down, hopefully you don't have any doubts in making decisions in crypto because it will make you regret.
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Mkmanik
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October 15, 2021, 06:01:16 AM |
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If you want to buy Ethereum for the long period, Then you can buy it right now. After Bitcoin, Investment in Ethereum is very profitable and it's already proved. I am buying Etheruem for $2100 and still buying whenever I can buy at dep. I also set up a DCA bot at Kucoin exchange for Ethereum. The bot almost made 30% or more profit. My long-term target is for Etehreum is $10,000. Before bitcoin $70,000 Ethereum will be made a new all-time high. It's just a matter of time. You can buy at this current price, also place some bids at lower rates from the current market price. The volatility is very high now, hope someone will be a dump. Also, try to accumulate Ethereum taking a long time. Trust me, Always there will be another chance. Don't forget to check ETH Historical Data : https://finance.yahoo.com/quote/ETH-USD/history/
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91254vvpatel
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October 15, 2021, 06:14:42 AM |
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In crypto, etherium is an asset without which the value of crypto today can be considered as zero. So crypto industries are not possible without etherium. I'm talking about its importance. Atherium gas fees are currently many times higher. But steps are currently being taken to address the problem. And because of that, there are a lot of other chains to deal with. But the day this problem will be solved. On that day we will see that its price will see a 100% increase from 3x to 4X over the current price. So you have to get your due compensation. So you can invest in etherium even in the current circumstances.
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mu_enrico
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October 15, 2021, 06:48:10 AM |
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In this bull market, you can earn easily by trading (buy and then sell) ETH in a short timeframe. But, you cannot just hold and then wait medium-long term since once we are in the bear market, the ETH value will go down drastically. So the answer is YES if you want to hold it short term, but HELL NO if you want to hold it medium-long term. PS: I'm a firm believer that this bull market cannot last longer than 2-3 months.
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MiF
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October 15, 2021, 08:36:44 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
I think ethereum is the best choice for now because it's start to be bullish again. There is a lot of altcoins but for me ethereum is now great for investment maybe in a short term 3 to 5 months of holding depending on your limitation. Because we don't really know when the bear market start again it is more safe to invest an amount that we can afford to loss.
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sirminesalot
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October 15, 2021, 08:38:44 AM |
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For me it's always a right time to buy ethereum because it's used everywhere and their upcoming projects are promising. Eventhough there are a lot of competitor like solana incoming, ethereum still on it's throne and waiting something big coming from it. I always have percentage of ethereum on my portofolio since long time ago and already made significant growth
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MCcryptonia
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October 15, 2021, 08:39:32 AM |
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Yes it's a good time to buy ETH, as you can see BTC is already at 59k and it looks like its going to 60k soon and this time around I believe BTC will beats its old All time High so this will help Ethereum to be more bullish including some other altcoins as well
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RussianEnglishTranslation
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October 15, 2021, 09:02:08 AM |
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Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
I don't think there is every a bad time to buy Ethereum but you don't want to buy Ethereum on Ethereum because of the gas fees, use Ubeswap or Ref Finance.
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Kasabus
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October 15, 2021, 09:27:38 AM |
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Yes it's a good time to buy ETH, as you can see BTC is already at 59k and it looks like its going to 60k soon and this time around I believe BTC will beats its old All time High so this will help Ethereum to be more bullish including some other altcoins as well
Yes. I also think that ethereum can be very bullish as soon as bitcoin reaches its new ATH so even if its current price is high, i still think its a good time to buy. After all, no one knows exactly what will be the next price for ethereum so we might as well go for it so we won't miss the incoming bull run. It may have a hard time reaching $4k in the last few days but i believe once bitcoin will hit the target soon, ethereum will follow the trend eventually.
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