Will you buy more ETH after reading this ?

[krishnaverma]

Historic Price of ETH on 12/14

Today's Price: $1,307

1 year ago: $4,018

2 years ago: $589

3 years ago: $143

4 years ago: $84

5 years ago: $684

6 years ago: $7.83

7 years ago: $1.01

Amounts of money made from investments of $1,000 at various points in time (12/14):

-$677 (one year ago)

$1,233 (two years ago)

$8,152 (three years ago)

$14,571 (four years ago)

$911 (five years ago)

$166,174 (six years ago)

$12,921,119 (seven years ago)

Percentage changes in price for investments made at various points in time (12/14):

-67.7% (one year ago)

123.3% (two years ago)

815.2% (three years ago)

1457.1% (four years ago)

91.1% (five years ago)

16,617.4% (six years ago)

129,211.9% (seven years ago)

*The only year you would have lost money on ETH is if you bought it on 12/14/2021*

Note: The data above is taken from reddit.

As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

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[Blawpaw]

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

[dwminer1]

Personally, I believe that buying ETH at the current price has a lot of profit potential. Despite several projects announced as "ETH-killer", Ethereum is still unthreatened. The creators of the project also try to eliminate its biggest disadvantages, such as huge fees. It may be too slow, but it does work. However, you need to realize that both ETH and the entire crypto market are now in a completely different place than 6-7 years ago and it will be very hard to get such profits as presented above.

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I don't quite understand why you think that the transition from POW to POS is a mistake. I believe that in the face of the growing energy crisis in the world, this is a positive change for the entire project in the long run.

[Johnyz]

As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

Buying ETH will always be my priority because its very consistent on being the top altcoins despite of many issues before and beside, its pretty cheap right now and you might be able to get more profit once the market recovers. The only problem with ETH is their network, its still expensive though and slower compare to other network, but despite of that issue it remains profitable over the past years and that could be enough reason for me to have some ETH.

[Tytanowy Janusz]

As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

"Past performance is no guarantee of future results."

The fact that you would be a millionaire by investing in ETH 7 years ago does not mean that you will be a millionaire after 7 years from today by investing now. Its possible that the best gains are already behind us. Its possible that we will shuffle between 500$ and 4000$ for another decade until recession is over. Nothing is certain, there are only propabilities. And past performance is not the best indicator.

[cryptomaniac_xxx]

As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

"Past performance is no guarantee of future results."

The fact that you would be a millionaire by investing in ETH 7 years ago does not mean that you will be a millionaire after 7 years from today by investing now. Its possible that the best gains are already behind us. Its possible that we will shuffle between 500$ and 4000$ for another decade until recession is over. Nothing is certain, there are only propabilities. And past performance is not the best indicator.

True, it's no guarantee for us to make money in the future.

But the fact that it can still make investors money then for sure ETH is a good investment as compare to other altcoins right now. So I would say maybe putting like $500 is not that bad this year for ETH and then simply hold and see how it goes.

Instead of putting it on some altcoins and believed that it can make you instant million in the future or in the next bull run. The risk is less on ETH to collapse or go to 0 as compare to other altcoins, just saying.

[Jating]

"4 years ago: $84"

I still remember this time frame, me and my buddy discussing whether we should invest on Ethereum 4 years ago when it was in it's lowest price. I decided to invest just a couple of hundreds of dollars, him? he didn't believed.

So I made a sell off new the top price of around $4k and obviously I'm very happy with with I did.

In any case, I'm going to repeat it again, slowly accumulating ETH early this bear market and then continue to just HODL. I might not get the same results as far as profit, but for sure, I'm not going to lose either.

[crzy]

This is also a proof that ETH is a good investment for long term, so if you are going to ask me this I will not hesitate to buy up to the limit of my holdings. ETH is good for long term, I’ve been buying this since then and makes some profit already, I still trust ETH though so will continue to buy.

[Marykeller]

This historical price of Ethereum demonstrates its suitability for long-term investment objectives. Consider the profit those investors would be generating now if they had invested in it a few years ago(4 years below). Despite having alternative coins with lower gas fees, it's ranking on the coinmarketcap is still second despite the high gas fee. That's fantastic.

Ethereum would be wonderful for investing in. However, one of the reasons I find it tough to is due to the high gas fee. If not for that, I would have.

[JunkieMiner]

I think buying Ethereum at the current price will be a good choice, because it has now a low price due to the market conditions, once the market got back into its position then it can give then investors a profit. I'm buying it after it goes down a little bit and will hold till the next bull run to take out my profit because I belive in it.

[LogitechMouse]

Past isn't equal to the present. This also applies not only on Ethereum but on Bitcoin as well as other altcoins out there.

We've seen many altcoins went up reaching new ATH and then going down on a bear market and when the bull market comes again, it didn't even reach its past ATH. That does mean, what happened in the past might not happen in the present or in the future as well.

Even I didn't read that post that you've made OP, I will slowly accumulate Ethereum until to a point where I think is enough and will focus on Bitcoin more after that. On the other hand, though it seems that its transitioning into POS might affect its popularity as people want a decentralized coin like Bitcoin but nevertheless, it's a good long-term coin to hold still.

[ethereumhunter]

7 years ago: $1.01

I remembered the price of ethereum 7 years ago but unfortunately, I didn't buy much ethereum and instead chose to buy shitcoin.

I really regret it but never mind, it happened and I'm still happy because I still have some ethereum that I bought at a low price yesterday

If the price hasn't gone up high, I'm still considering buying more ethereum because I see the potential for ethereum to increase can still happen. Moreover, ethereum is still in the top position in the market.

[Sebas.tian]

Yes, Ethereum still remain my favorite coin I will continue investing in this bearish season not to regret in future when the price pump higher like the way it pump higher some years ago that made many traders to like Ethereum more than other coins in the market, which such miracle can still happen before the end of this year 2022. I think, Ethereum still remain second position among other cryptocurrencies which is part of the advantage that made many traders to invest in Ethereum in this bearish season so that they will smile when the bullish market arrive in the community.

[hd49728]

Yes, Ethereum still remain my favorite coin I will continue investing in this bearish season not to regret in future when the price pump higher like the way it pump higher some years ago that made many traders to like Ethereum more than other coins in the market, which such miracle can still happen before the end of this year 2022. I think, Ethereum still remain second position among other cryptocurrencies which is part of the advantage that made many traders to invest in Ethereum in this bearish season so that they will smile when the bullish market arrive in the community.

Ethereum is a second biggest cryptocurrency, a biggest alternate cryptocurrency.

Cryptocurrency market dominance: BTC: 39.4%; ETH: 18.3% according to Coinmarketcap

2 days ago, CFTC declared (again) that they consider ETH as a commodity, not as a stock.

CFTC declares Ether as a commodity again in court filing

If ETH is not considered as a stock, it is very good for them, for ERC20 tokens, for cryptocurrency market generally.

In addition, it is good for Ripple XRP with their lawsuit against SEC too.

[Smack That Ace]

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

Apart from bitcoin, there will be no altcoins using POW anymore, simply because the current goals of the projects are scalability, fast transaction speeds, and as cheap gas fees as possible. People wouldn't care too much about privacy if it wasn't profitable, and if ETH was still POW, I think people would leave it sooner because of the troubles it got into. I firmly believe that ETH is still the king of altcoins, and no new altcoin can replace it, if investing in altcoins, then ETH is a perfect choice.

[Strongkored]

Looking at the statistics, there will surely be many who regret not starting investing in ETH from the start or when the price is still hundreds of dollars but it will be a question whether it will still provide big profits when it is done now because it is possible that changes to the ETH algorithm from POW to POS will give doubts to investors that the coin is still worth holding for the long term, but whatever the decision, everyone must pay attention to the risks that will be faced, I will still buy as long as this coin is still available on many major exchanges with high trading volume.

[febriyana]

After Ethereum move from Proof of Work to Proof of Stake... I am not interested again for Ethereum.
Some my investment is on PoW algorithm coin.

Yes PoS is making the energy used more less. But there is the risk we get.
From decentralized going to centralized. Because mining with PoS algorithm more cheap, many people coming to mining.
If bad actor come they can have big portion in mining pool and make it more centralized.

[Pam beasely]

No doubt that ETH prices plunged very badly this year. Ethereum's price seemed to be quite sturdy within the times whilst the crypto markets remained slow. Despite more than one bullish jumps, ETH fee keeps to remain under the bearish affect for a long time.

Also the ETH price began with a fresh decline as it faced a rejection below $1300 which flashed huge bearish signals.

Ethereum's Shanghai updated is scheduled for First half of 2023.
After Ethereum merge, Shanghai update is said to be the next major update.

Ethereum price is expected to surge anytime soon. Shanghai Hard fork is coming near, This particular could generate significant volatility that may set off a mass selling post the Shanghai Hard Fork!. As per analyst coinpedia the Ethereum price prediction for 2023 is $1866.79.

[diminizio]

Investments in Ethereum (ETH) or other cryptocurrencies are investments that carry a high level of risk. The value of a cryptocurrency can fluctuate significantly over time, and there is no guarantee that its value will continue to rise. Therefore, before investing in ETH or any other cryptocurrency, it is worthwhile to consider carefully and do your research first. Be sure to understand the risks associated with such investments and decide whether they fit your risk profile.

[asyakashi]

We really can't take the possibility of happening in the future one hundred percent accurately. but I think ethereum is already very high compared to the first time they announced their ICO. But all this is still comparable to the development of Ethereum, arguably the project is very stable or can even grow more. I don't judge by their price but rather how they grow.