Ethereum drop gets me worried.

[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.

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?

I recommend focusing on the long term instead of the short term, ETH like bitcoin is suitable for the long term and always grows well in the long term. You should buy now instead of planning, if you are waiting for a lower then beware as we may be at the bottom and the price could bounce at any moment. Just looking at the ATH we can see that this price is too cheap to buy.

[roslinpl]

Ethereum drop because of the price of the Bitcoin. Yesterday the price of bitcoin was good, So same was reflected on the Ethereum. Ethereum was the potential as compared to many of the coin. My suggestion to you is to hold till the price of Ethereum back to the normal price and pump to the market. And BNB price also started to reduce in recent days. Most of the old traders had their funds in Ethereum and bitcoin. So the volatility of price is not possible in this two coins. The positive one is the price of this two coins will back to any all term in a very short period. So it’s the stable coin.

[darewaller]

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.

Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.

[redsun114]

Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.

There are reasons on why eth are still on the second place and won't overcome btc easily. It can be because of its supply because we know that eth has an unknown supply before but now that it was upgraded to eth 2.0 I think its supply is known now but it might still be higher than on what btc have. Eth is also centralized and many people doesn't like that fact.

We only think that the increase on eth is higher than in btc because it is a much smaller coin but at the end of the day, btc can still win this competition. The foundation that btc already built is already strong and it will hard to destroy anymore but it will only be added for more.

[kurniawan05]

We are in a bear market, all altcoins fall in price following the movement of Bitcoin, even ETH is not spared from this bear market, the possibility of ETH below $ 1K is very big, prepare yourself.

[Sang Prabu]

Ethereum is the second strongest coin after Bitcoin, the influence of ETH is very strong in the market because most projects use the ERC20 network that requires ETH to be able to transact, of course things that are difficult to fight the market when you're bearish as it is today, but I'm not worried about Eth because when it The market improves, ETH recovered soon.

[carlisle1]

Ethereum is the second strongest coin after Bitcoin, the influence of ETH is very strong in the market because most projects use the ERC20 network that requires ETH to be able to transact, of course things that are difficult to fight the market when you're bearish as it is today, but I'm not worried about Eth because when it The market improves, ETH recovered soon.

ETH always brings good bounce when Bitcoin start to be bullish, we all know that in the bearish season most coins if not all are really
getting hit and downfall mostly take place.

If you are good in investing and waiting for your money to grow, ETH is one of the best projects that will always tail bitcoin when
bull or strong market make its way to dominate and change the momentum.

Better to keep chasing for best position and try to re-assess your possible decision.

[rodskee]

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.

Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.

of course Ethereum will remain number 2  but at least for the next coming years because we cannot expect this to be forever because there are lots of happening in altcoin and there are many coins that that has good development and has better promises that ethereum that still hanging around with good potential .

[Chainsmokers]

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.

Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower.

This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared.

of course Ethereum will remain number 2  but at least for the next coming years because we cannot expect this to be forever because there are lots of happening in altcoin and there are many coins that that has good development and has better promises that ethereum that still hanging around with good potential .

Yes crypto is hard to predict but for Ethereum I actually still see it will still be number 2,
I think Ethereum has everything to stay at the top of the rankings as it is today,
but let's see how it goes later

[cryptomaniac_xxx]

Ethereum is the second strongest coin after Bitcoin, the influence of ETH is very strong in the market because most projects use the ERC20 network that requires ETH to be able to transact, of course things that are difficult to fight the market when you're bearish as it is today, but I'm not worried about Eth because when it The market improves, ETH recovered soon.

It's pretty obvious that the main reason for the downfall is that we are in bearish market.

So everything is down not just ETH, worst there are coins that are dying nearly -99% down from it's last all time high. ETH barely surviving, but I don't think that it will lost it's place as the second strongest coin after BTC.

Investors like us shouldn't be worried at this point, on the contrary this bearish market is the best time to accumulate and wait for the bull run in 2024/25. We need to change our mindset to be very positive and learn from other experience in the past.

[mdzahed134]

I am not worried to see Ethereum price, because full of crypto market is experiencing on this bearish market, so don’t need to panic about ETH, another thing is FTX exchange issue, huge number of peoples lost their funds, it’s directly affected on the market. I believe ETH because it’s strong position on the market after Bitcoin.

[carlisle1]

Ethereum is the second strongest coin after Bitcoin, the influence of ETH is very strong in the market because most projects use the ERC20 network that requires ETH to be able to transact, of course things that are difficult to fight the market when you're bearish as it is today, but I'm not worried about Eth because when it The market improves, ETH recovered soon.

It's pretty obvious that the main reason for the downfall is that we are in bearish market.

So everything is down not just ETH, worst there are coins that are dying nearly -99% down from it's last all time high. ETH barely surviving, but I don't think that it will lost it's place as the second strongest coin after BTC.

Investors like us shouldn't be worried at this point, on the contrary this bearish market is the best time to accumulate and wait for the bull run in 2024/25. We need to change our mindset to be very positive and learn from other experience in the past.

If you have a big nerve and you can take that risk, going against the market is also a good strategy that mostly working but it takes
a longer time before you can harvest your success.

Buying at this moment is very crucial but if you believe that the market will bounce back, then it's true that the timing right now
is good enough to accumulate more assets.

ETH as part of those strong crypto will stay at the 2nd spot and once Bitcoin start to rally back, expect ETH to follow the way.

[bitterguy28]

I am not worried to see Ethereum price, because full of crypto market is experiencing on this bearish market, so don’t need to panic about ETH, another thing is FTX exchange issue, huge number of peoples lost their funds, it’s directly affected on the market. I believe ETH because it’s strong position on the market after Bitcoin.

If you trust the coin then there is nothing to be worried , it may take time to recover but surely it will , how many times that we have seen this kind of dumping and pumping?
but in the end it is recovery that we happen to take.
trust your coin and buy more specially ethereum the most strongest and popular altcoins in crypto space for many years now.

[Xinarae*]

There is nothing to worry about ethereum drops coins in the crypto market should be trusted to invest. Crypto market is not stable and currencies always go up and down as the price of bitcoin increases, so does the value of ethereum these currencies are good for long term investment. Regardless of whether the market will improve further, now is the right time to hold on to the currency as prices fall go ahead with faith and get good profit.

[SirLancelot]

I am not worried to see Ethereum price, because full of crypto market is experiencing on this bearish market, so don’t need to panic about ETH, another thing is FTX exchange issue, huge number of peoples lost their funds, it’s directly affected on the market. I believe ETH because it’s strong position on the market after Bitcoin.

If you trust the coin then there is nothing to be worried , it may take time to recover but surely it will , how many times that we have seen this kind of dumping and pumping?
but in the end it is recovery that we happen to take.
trust your coin and buy more specially ethereum the most strongest and popular altcoins in crypto space for many years now.

Before we trust a coin that we will HODL for the long term, would it be better to re-verify if this coin is truly worth it? Sorry guys I do not think ETH is one it. This coin is too centralized now since it transitioned to PoS.

We do not know but maybe the team are doing something fishy in the background but others who are clueless will think the drop of the price is still normal. They will continue holding and buying more ETH but that will only be a waste of money and time. Much better if they apply this on the truly worthy coins. The original decentralized coin which doesn't have any strong manipulations. I think you already know this coin. That's right, it is BTC.

[Quidat]

There is nothing to worry about ethereum drops coins in the crypto market should be trusted to invest. Crypto market is not stable and currencies always go up and down as the price of bitcoin increases, so does the value of ethereum these currencies are good for long term investment. Regardless of whether the market will improve further, now is the right time to hold on to the currency as prices fall go ahead with faith and get good profit.

It wont really be sitting #2 in the market for no reason.When we do speak about dropping the price then its applicable to everyone and there's no way that it cant affect any
coins in the market and this is one of the main risks once you do touch up crypto investment or buying up some coins. We dont know or there's no such thing about
certain future of a particular project whether it would able to sustain and bare out those tough times or would basically wither away and die.
If you could really bare up the risk and trust up ETH project then its your choice whether you do accumulate more or would be doing some panic sell.

[KennyR]

I am not worried to see Ethereum price, because full of crypto market is experiencing on this bearish market, so don’t need to panic about ETH, another thing is FTX exchange issue, huge number of peoples lost their funds, it’s directly affected on the market. I believe ETH because it’s strong position on the market after Bitcoin.

If you trust the coin then there is nothing to be worried , it may take time to recover but surely it will , how many times that we have seen this kind of dumping and pumping?
but in the end it is recovery that we happen to take.
trust your coin and buy more specially ethereum the most strongest and popular altcoins in crypto space for many years now.

Ethereum is the one to have the big number of projects running over the chain in terms of volume. Followed by ethereum is BSC and next is tron. Only thing that worries is the drop of more number of altcoins dependent over ethereum. Ethereum stands next to bitcoin in terms of trust, so recovery is assured. Maybe the time period for the same might get delayed.

[Pierre 2]

Ethereum is literally fire right now considering how crypto scene is rather in failed situation. Many NFT projects announce they are moving to Ethereum and abandoning Solana etc. In my opinion Ethereum will always stay as second most import coin in crypto markets. Ethereum has real value, it has many use cases through games, nft, other type of projects. I think Ethereum one of those projects which are too big to fail. Ethereum will always be part of my crypto wallet.

[d3nz]

Ethereum is literally fire right now considering how crypto scene is rather in failed situation. Many NFT projects announce they are moving to Ethereum and abandoning Solana etc. In my opinion Ethereum will always stay as second most import coin in crypto markets. Ethereum has real value, it has many use cases through games, nft, other type of projects. I think Ethereum one of those projects which are too big to fail. Ethereum will always be part of my crypto wallet.

I think that Ethereum has more impact on people than Solana and very known for years the only problem is the high network fee that we cannot avoid. And, we all know that Solana's network has had issues before and it might happen again if they can't control the outage.

Some people say that Solana is an Ethereum killer but they need to prove themselves first and not get this kind of issue in the future.

[carlfebz2]

Ethereum is literally fire right now considering how crypto scene is rather in failed situation. Many NFT projects announce they are moving to Ethereum and abandoning Solana etc. In my opinion Ethereum will always stay as second most import coin in crypto markets. Ethereum has real value, it has many use cases through games, nft, other type of projects. I think Ethereum one of those projects which are too big to fail. Ethereum will always be part of my crypto wallet.

I think that Ethereum has more impact on people than Solana and very known for years the only problem is the high network fee that we cannot avoid. And, we all know that Solana's network has had issues before and it might happen again if they can't control the outage.

Some people say that Solana is an Ethereum killer but they need to prove themselves first and not get this kind of issue in the future.

Lots of projects do make out those claims that it would be an ETH killer but all of them had failed.There's no current project or coin in the market had overtaken ETH into its place
which means that there's soo much trust on ETH and for those who had been worried about its value then come to think that we are still on a bearish market which all coins are really that dropping.
Its really not just right on telling off negative on a bear market which you cant determine whether a project is really still doing well or not.
Rather than making yourself that freaking out then it would be better if you do just simply accumulate while its still cheap.