is investing in ethereum safe?

[LogitechMouse]

: does ethereum have a good future?

: is it not wrong if I choose to invest in ethereum?

: what is the drawback of ethereum?

: why is ethereum the no. 1 ALTCOIN?

Ethereum has a good future? Yes because it will not remain as the top 2 cryptocurrency right now in terms of market cap if there is no big community behind it. Besides, there are still lots of development going on with the project. The recent feature that will come is the Shanghai update.

Is it not wrong if you invest in Ethereum. Yes and No. It depends on your time frame. If you will invest in Ethereum for short term, the chances of you getting profit especially right now might be low but in the long run, if you will hold Ethereum then you will surely get profits. I'm only basing on history and past performances doesn't mean it will happen again in the future.

Drawback of Ethereum? I don't think there's any aside from it changing from POW to POS but nevertheless, there are still investors who are supporting it and there is a huge community behind it that are supporting it.

Why Ethereum is the #1 altcoin? Because it's the most used and most trusted altcoin right now.

[Yatsan]

Safer in comparison with other cryptocurrencies in this industry but won't give the assurance that loss would be avoided. Its market value still is also volatile just like the others but atleast it would give you a bigger chance to avoid huge losses, as an investment or asset. Ethereum has a large chain being used in different projects and transactions which makes its 'support' both in its price and this industry in general, strong. Which is why ehenever there is a bull run, it is one of the leading cryptocurrencies to follow and whenever there is a down trend, it is one of the tokens which is able to withstand or endure the decline with the market prices.

Relatively speaking in terms of crypto yeah its pretty safe but no crypto is safe for certain.  We've all seen what happens to even the "safest" of projects or businesses, they can collapse in a moments notice.  As the story goes don't put in more than you are willing to lose.

I think those coins that collapsing are quite different with eth, luna is coin released by certain foundation meanwhile ftt is utility coin released by ftx exchanges so I think it couldn't be compared even though indeed there's always risk of collapsing but with eth it's gonna be different. you see luna crash also because of its ust coin.
i'm sure eth will just exists like btc since it has proven so many years that they still stand until now.

The quality of Ethereum is unquestionable and I don't see the coin collapsing,
for risk I think every investment will always be there and that's what we need to minimize,
what is clear is that Ethereum will remain the top coin and a safer investment than any other altcoin.

If it is the probability to collapse, all cryptocurrencies has it, on the boradest sense of 'tendency' especially if there will be something big to pull its name down.

[doomloop]

I don't have experience in altcoins, but I have quite an interest in investing in altcoins, but when I hear the news that investing in altcoins is very dangerous because the potential for losses is so big, but I found out on the internet, it turns out that we can invest in altcoins as long as the in quality altcoins,
and finally I saw on cmc that the number 1 altcoin is ethereum, and finally I'm quite interested if I have the capital to want to invest in ethereum.

You won't build an experience if you will just stare there. And you said you have a burning interest on the altcoins? So, why would you limit yourself. I think that's no different from torturing yourself. Forget about the news you hear about how bad the altcoins are, as you know that it's not true because altcoins are not a single coin but it's only just a name or categorization of a crypto.

Altcoins are actually composed of different cryptos and there must be a few of them (if not most) who are legit. But for ETH. I think I have a mix feeling about this alt. Sure it's old and currently number one in the altcoin category but this have some anomalies, I think that's because it's more of a centralized coin. Maybe you can only invest small on it and then find a better altcoin, preferably decentralized and not totally new.

[monineklutak]

I dare say investing in Ethereum at the current price is very safe, this is because technically Ethereum is really very strong at the price of $ 1000,
and is likely to rise again above $ 2000 when the market is bullish, I believe after this Big caps like Ethereum, XRP , XLM, Cardano etc are going to be bullish again,
because Bitcoin price is really very strong and staying above $20k, yeah this is very good thing.

[beerlover]

I think those coins that collapsing are quite different with eth, luna is coin released by certain foundation meanwhile ftt is utility coin released by ftx exchanges so I think it couldn't be compared even though indeed there's always risk of collapsing but with eth it's gonna be different. you see luna crash also because of its ust coin.
i'm sure eth will just exists like btc since it has proven so many years that they still stand until now.

The quality of Ethereum is unquestionable and I don't see the coin collapsing,
for risk I think every investment will always be there and that's what we need to minimize,
what is clear is that Ethereum will remain the top coin and a safer investment than any other altcoin.

That's true, it is one of the best coins out there in the world right now and people should be glad to hold it if they have any. The problem for me is not having enough money to buy even more, I don't care about the increase we had now, I want to buy more, I did when it was lower, I did when it was higher and I would now too.

So, when you feel like you are not sure what you should do, if you should buy more or not, remember that there are people like me who would buy ETH right away as soon as they get some money, and they can't because we lack the funds for it, and if you do have any funds to buy ETH and not doing that, you are not giving it enough justice.

[Why you bully me]

Ethereum is the safest altcoin to invest in

[Nonstopspider]

My answer is yes, is the silver of the Crypto community, and are still a lot of projects developing in ERC-20, especially layer -1 like Coreum
Coreum offers the best of both worlds - composability of an EVM chain & decentralization & security of Bitcoin. Check the web https://coredao.org/

[Hamza2424]

After the ETH Blockchain V2.0 update from the POS to the POW I am not sure about the future of ETH let me present a small analysis of ETH as when ETH was on POW it was a deflationary coin and the future was bright with that model i know the about gass issues but Layer solution was working good on ETH but after POS update i am not even sure 1% about how it still stands as a deflationary coin. So investment in somebodies advice is not at all satisfactory.
Doyr please remember if you are investing in advice then you are at a loss because it has many consequences.

[uneng]

: does ethereum have a good future?

Yes, it's the top 2 cryptocurrency of the market for a long time already. It has passed through time's proof.

: is it not wrong if I choose to invest in ethereum?

No, lol.

: what is the drawback of ethereum?

It's a centralized cryptocurrency.

: why is ethereum the no. 1 ALTCOIN?

Because many developers run their own projects in Ethereum's chain. Most altcoins you see around are tokens which use ETH's network to operate and to be transacted.

[trendcoin]

I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum. :)

[Osama Maaz]

Eth is safe but not more then bitcoin so you need to put at least 50% of your investment in bitcoin then see other alts because your portfolio safety is more important then its growth .
So play it safe and the future of crypto is bright and we are at very best time for invest point of view because many investors buy bitcoin at 40k many 30k but we have chance to buy it so cheap so dont miss this opportunity and try to DCA  below 20k$ .

[Vaskiy]

I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum.

Having diversified investment is always the best choice. Ethereum stands strong as the best compared to many other altcoins available in the market for various reasons. The projects that hav got developed over the ethereum platform itself enough to determine the potential of ethereum. Maybe the growth is slow, but we'll have assured market progress in the long term. When it comes to altcoins investment one should know when the enter and exit, then it'll be the best with low risk.

[RAppleby]

Any investment is risky, you can research the market by yourself, and the advice given to you by others may not be suitable for you.
I think investing in Ethereum is okay. Among altcoins, its current development is comparable to that of Bitcoin. You can invest in it and try it out for yourself.

[Silberman]

I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum.

Bitcoin and ethereum are heavy correlated, which means that when bitcoin goes up in price ethereum does the same, and when bitcoin goes down ethereum also follows it, so you do not get any protection by diversifying yourself and investing in ethereum or any other altcoin, for that reason if you really want to achieve some sort of diversification in your portfolio then you need to be prepared to invest in markets other than this one.

[Savemore]

I think Ethereum is definitely one of the altcoins worth investing in. In the past, I did not find it right to invest in any coin other than Bitcoin for the long term, but when I saw the thousands of developers working on Ethereum and some of the needs of the industry, I understood that it is definitely a valuable asset. Also, I think the important thing here will be the distribution ratio of your portfolio. If you think you have enough Bitcoin, it wouldn't be a bad idea to buy some Ethereum.

It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year. The only thing that matters is when to invest, you cannot just buy Ethereum right away without knowing you cut loss levels, the margin that you will put and also your entry points. If you want to make money then we should be aware on those points that I mentioned, because those are essentials in a long run. Planning is crucial because it can help us to grow our funds and protect our capital in dips and retracements.

[_BlackStar]

It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year.

The risk is there, so don't ignore the risk even if you believe ETH is one of the best altcoin that deserves to be in your investment portfolio. Anyway, I haven't ignored ETH so far either and it is one of the altcoin that has caught my attention the most to some extent. But you may need to know, ETH is still no better than bitcoin - but ETH is also profitable.

One of the most important things is, keep investing in an amount that you can afford to lose. But in the long term, bitcoin is much more useful because of its real use cases.

[leonair]

Ethereum is a potential altcoin that is much safer to invest in than other altcoins.  But since Ethereum is a crypto coin, no one can guarantee that it is safe to invest in it.  Yes it is safe because it has a strong team who is maintaining it but no one can guarantee the profit if you invest here.  Profit will depend on your own investment because if you can't invest at right time and sell it at right time then you won't earn profit.  So I won't say that Ethereum is 100% safe. Because if you hold your money through ethereum it will never keep your money stable it can go down at any time and up and down at any time.

[Xal0lex]

: does ethereum have a good future?

It does, if it doesn't turn into the ultimate centralized dumpster with huge commissions.

: is it not wrong if I choose to invest in ethereum?

Everyone has to decide for himself what to invest in.

: what is the drawback of ethereum?

Again, centralization, censorship and huge commissions.

: why is ethereum the no. 1 ALTCOIN?

Because this network has a large adoptsion among developers.

[Inspiron14]

It is proven and tested in these recent years, yeah it is good to invest where in the ETH is not badly beaten like the other coins when the market collapsed last year.

The risk is there, so don't ignore the risk even if you believe ETH is one of the best altcoin that deserves to be in your investment portfolio. Anyway, I haven't ignored ETH so far either and it is one of the altcoin that has caught my attention the most to some extent. But you may need to know, ETH is still no better than bitcoin - but ETH is also profitable.

One of the most important things is, keep investing in an amount that you can afford to lose. But in the long term, bitcoin is much more useful because of its real use cases.

Whatever the coin actually there will always be a risk even Bitcoin which is the king of crypto there is still a risk,
for long term investment I think Ethereum is a good choice and it will be profitable,
And most importantly, do your research first.

[o48o]

: does ethereum have a good future?

Define good future? I think so but i am not measuring good future in terms of profits.

: is it not wrong if I choose to invest in ethereum?

You are the one making decisions. Just don't make those decisions for your family or friends by investing their money. As you obviously have no idea what you are doing.

: what is the drawback of ethereum?

POS isn't really tested out yet on such a big scale. And new tokemonics could bring results we haven't really calculated. There could be new exploits bringing it down.

: why is ethereum the no. 1 ALTCOIN?

Because it has the biggest marketcap. Marketcap = circulating amount of tokens * value