Ethereum drop gets me worried.

[bitterguy28]

In general, today the market drop and ETH drop are around 7%, of course not because of the merge process that has been completed for almost a month but because of the bearish market, it is impossible for Eth to run alone while the market is dropping, all we do is only patient and buy again when the price is cheap .

agreed with this one, the market isn't getting better meanwhile eth trying to breakthrough meaning it's going against the current and as a result it's instead losing its value almost immediately, I think as you said, it could go against the bearish, meaning eth isn't that strong.

Making decisions against the tide is definitely risky but to be honest I'm not too worried about Ethereum,
the market is also still in bearish condition and we don't know when the market will rise,
let's see how Ethereum will develop in the future

If you can risk Holding ? then there will be no problem at all mate because this si how the market must go , but the problem here if you are in need , I mean all of a sudden there is a badly need for funds and you have to cash out then nothing you can do but to sell out.

[Bananington]

Making decisions against the tide is definitely risky...

Risky can be rewarding just as it is dangerous. ETH is still good to keep and surprisingly as at the time of this post, ETH is doing well and has recorded a 14.34% increase from the former price, now at $1,544. I know it is still not close to the ATH that ETH has recorded before, but it gives hope that ETH is not on a downward slide after its transition.

from Binance

[kapalmabur]

what should you be afraid of with ethereum which even though they have survived for a long time in recent years. Even Ethereum has always led the market to be in the second position after bitcoin, this is something that not all altcoins can achieve. Ethereum is not that easy to fall, trust what you invest in or you will lose profit in the future.

Regardless of the current state of Ethereum for me until now still believe and not too worried about what happened to Ethereum,
sooner or later Ethereum and other top coins will rise,
indeed we need to be patient waiting for that and let's see what will happen later

[Bazzu]

what should you be afraid of with ethereum which even though they have survived for a long time in recent years. Even Ethereum has always led the market to be in the second position after bitcoin, this is something that not all altcoins can achieve. Ethereum is not that easy to fall, trust what you invest in or you will lose profit in the future.

it's true that investing in ethereum is nothing to be afraid of, the proof is that ethereum is now experiencing a good price increase. so in my opinion investing in ethereum is very safe because there are so many fans.

[kotajikikox]

Why do you feel worried when you have your wallet eth.Eth and btc are investment instruments for the long term.If your goal is to buy eth for long-term investment, then keeping it is the right choice. But if you are afraid that the price will continue to fall, then please sell it,because you have full control over the assets you own.

He already explains his part mate if you have read the OP, and we cannot blame newbie Like him that does not experience a lot of happening here and he only stands to what he is seeing but not for what to come.

New Player will always check the price of the assets purchased, I am still a newbie too often, once traded in Poloniex and when the price drops 10% then I look for articles or writings about the future of cryptocurrencies and most give negative messages so that I immediately sell even though loss .

Poloniex is one of the highest fee exchange in terms of deposit and withdrawals so it is not advisable in small traders to use this .

[lepbagong]

what should you be afraid of with ethereum which even though they have survived for a long time in recent years. Even Ethereum has always led the market to be in the second position after bitcoin, this is something that not all altcoins can achieve. Ethereum is not that easy to fall, trust what you invest in or you will lose profit in the future.

Regardless of the current state of Ethereum for me until now still believe and not too worried about what happened to Ethereum,
sooner or later Ethereum and other top coins will rise,
indeed we need to be patient waiting for that and let's see what will happen later

the usual worry when it does enter a corrected situation, not only ethereum but almost all experience it. all of that because of the influence of bitcoin which is not good.
will end soon when the bull market will come again, where everything will increase by itself, although it must be admitted that this situation will take a long time to happen.
I also don't worry about the current state of ethereum, ethereum is very good and it's not easy to get down because of his factor, always a result of bitcoin's movement.
when gas costs are expensive, ethereum is still able to remain one of the best and is still preferred as an investment, especially at this time, so there is no need to doubt the existence of ethereum.

[blockman]

From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.

Newbies will not understand the market cycles. Because of their newness to the market, they are quick-tempered and they don't have the patience that we've got before.
But if they stay on the market and they gain experiences from it, they'll notice on how they will be suddenly aware of the market movement and it's no longer going to be a problem to them whenever ETH or any other altcoins that they hold moves.

[carlisle1]

From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.

Newbies will not understand the market cycles. Because of their newness to the market, they are quick-tempered and they don't have the patience that we've got before.
But if they stay on the market and they gain experiences from it, they'll notice on how they will be suddenly aware of the market movement and it's no longer going to be a problem to them whenever ETH or any other altcoins that they hold moves.

If they will take some time in learning the market movement then they will be familiar with how the market works and how they
will compensate from this industry.

The thing with newbies even they invest with established project like ETH most of the time they are influence by someone who
is telling them that they can quickly gain good money.

That the start of the problem if they will experience the sideways and when they are fearing to lose their investment.

[sulendra12]

Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.

Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.

It's up to you to sell it or not but please do some research before doing anytthing, not just blindly baited by those numbers.

[lienfaye]

Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.

Indeed. There are investors who can't handle the decreasing price of their asset that's why they're asking a question like this to have an idea for what other investor's think. Maybe they dont have knowledge about the coin they chose to invest in that's why it's hard for them to understand why this is happening. Bear and bull are inevitable in crypto market, that being said it's normal to see the price to decrease during bear season. So as long as you invest in a coin (in this case ETH) that has potential and established then you can be certain that this coin will recover back once the bear season is finally over.

[Bitcoin2009]

The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .

[bitterguy28]

Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.

Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.

those are the people that does not really understand this market instead what they are enjoying is the profiting while hated when it drops , crypto is risky and volatile so better get out if ytou cannot take that.

It's up to you to sell it or not but please do some research before doing anytthing, not just blindly baited by those numbers.

that is what he must do, never listen to others because it is His money and no one care about that but Him.

[irhact]

From all the crypto in the market, you shouldn't be afraid of ETH going down because it's part of the market cycles, it goes up and down. Nonetheless, ETH is a big player in the market next to bitcoin, so it's nothing to be afraid of because ETH is a big project and it has more potential to be more successful in upcoming months and years.

Even though Ethereum was to dump below $1k, there are higher chances of it recovering with the market when the bill market does start. Ethereum is a blue chip cryptocurency that everyone should have in their portfolio. Ethereum controls majority of the market as her blockchain is the most effective currently and been used for the operation of most product active in the industry especially the decentralized applications. Decentralized finance won't had become a thing without the presence of Ethereum so it's very important next to Bitcoin.
The only other blockchain that I think pose a threat to Ethereum dominance is Binance blockchain but since both founders are close friends I don't think there's going to be a competition between both blockchain instead they'll learn to work together for the betterment of the industry.

[carlisle1]

Price drops are pretty much normal in current state. If you are afraid with your assets because of the drop while it's a normal behavior for cryptocurrency in general, then you are doing something wrong.

Indeed. There are investors who can't handle the decreasing price of their asset that's why they're asking a question like this to have an idea for what other investor's think. Maybe they dont have knowledge about the coin they chose to invest in that's why it's hard for them to understand why this is happening. Bear and bull are inevitable in crypto market, that being said it's normal to see the price to decrease during bear season. So as long as you invest in a coin (in this case ETH) that has potential and established then you can be certain that this coin will recover back once the bear season is finally over.

It's very possible that there are people who blindly invest with their asset without doing any research, those kinds of people who are just new
in this market and only following other people around.

They are unsure to what they'll going to do with the asset that they are holding during the bear season, opinion is part of information that
this people need to stay strong while the dropped continue to happen.

Some may fear and sell their assets the quicker that they can, or some will continue to chase on how they will learn more about the business.

[S A KHAIR]

The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .

ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

[AzamNurWahid]

The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .

ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

Just like your statement, I also plan to buy some more eth in this current situation.  Because eth is an investment instrument both long term and short term.  So why have doubts about this coin?

[rodskee]

Ethereum drops after proof-of-stake.
Source' channelsnews.com

My worry right now is that, is it going to drop worst more than it has already and what are the chances of it pulling up within the shortest possible period?

As am getting the feeling of withdrawing my asset before it gets worst or am I been too haste.

as long as you are investing in trustworthy coins ? then there is no need to worry more but what you have to do is extend the time of holding, meaning if you can only invest short time? then best to double or even triple this for best result.

the hope that investors have been waiting for in certain months of October and November that has occurred will return to recovery, although not with new ATH, it is still far from happening. trying to save ethw which is down to 90% this can make profits that come next month, new ATH 120$ down to 10$ happened too fast, for me this is a good moment that is not wasted

there are still week before December  comes , we cannot assume what will happen but at least take time to wait.

[irhact]

ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market.
With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value.

[carlfebz2]

ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market.
With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value.

ETH wont be standing on ranking #2 if its a shit project or doesnt have potential.Its true that Bitcoin is really a main trend setter but we should not really remove the possibility that other coins in the market

could really go into opposite side or movement which it is really that truly unpredictable.If ever you would really be that trusting that ETH too much then you wont really be hesitating on buying on the current

price as of this moment.Its up to you whether you could really be taking up risk or not.If it does really make you worried then its up to you whether you should skip on buying or investing or would
wait up even more further for possible bottom price.

[rodskee]

No worries, that's how the market plays

if you are ready and knowledgeable about the market then yes never worried but like op? that seems to be a weak handed investors? I'm sure we cannot see it from him to act like that.
worrying is part of their attitude and that made them vulnerable in this kind of market situation .

The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .

ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.

wrong in that mate, remember that back in 2018 in altcoin season , Ethreum made it on the top while Bitcoin is dumping that whole year.