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Author Topic: is investing in ethereum safe?  (Read 953 times)
lalabotax
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January 19, 2023, 10:37:57 PM
 #81

Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.

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January 19, 2023, 11:13:44 PM
 #82

It actually might be your safest choice in the altcoin market. Its roots are buried deep in the cryptocurrency industry and that won't be easy to dig and pulled out.
Instead of risking yourself by trying to buy altcoins that you think are gems with a good future, just stick with this one first.
Then, you can try and save more money for another investment that you are willing to take a higher risk.
About the increase in value, it certainly does have a chance. Just vision how many investors think the same way as I did. They will buy the safest first and try to make profits out of dumps and pumps. Use that profit to look for another but their Ethereum balance will stay.

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January 19, 2023, 11:53:01 PM
 #83

the thing with investment is that there's nothing that 100% safe even apple stocks aren't entirely safe but that's entirely different thing if you decide to invest in some good investment instruments and has made some proper analysis before investing and even putting your money. but at least as you said ethereum is already being considered good coin, it has plenty of big investments coming from big investment firm and companies, they surely have made some real analysis towards the coin itself so I guess some of worries that some people might have can simply be ruled out since even big company knows the potential behind ethereum even bitcoin.

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January 20, 2023, 03:26:12 AM
 #84

First let me say one thing, investing is your personal matter, you can take idea from other people but buy what they suggest setaaktu carefully. Eth is a good coin you can invest. It is better to invest in Bitcoin because it is the safest. If you invest by looking at the market condition, you will be protected from losses.
Yes I think so too. If I ever think about investing I will invest in Bitcoin first and then invest some money in Ethereum. I think if the price of Bitcoin goes up then they will go up in price of Ethereum.  So I will invest in both of them. I expect the price of Bitcoin to rise along with the price of Ethereum in a very short period of time.

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January 20, 2023, 03:40:17 AM
 #85

Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.
yes everyone in the crypto market should already know the risks. Ethereum and Bitcoin are considered very safe. but no one dares to provide insurance for the ownership of crypto assets. it makes the intended security still vague or not 100%.
However, every financial analyst in the world, of course, has analyzed the potential of Bitcoin and other crypto assets. Ethereum which is now considered the strongest altcoin after Bitcoin in the crypto market also has great potential for its development in the future.
so there will be no guarantees for Ethereum, but most of the people in the Crypto space trust Ethereum with its approach.

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January 20, 2023, 06:11:02 AM
 #86

Who will guarantee it wil be always safe? We cannot say it is safe 100%, but Ethereum is a good altcoin with strong fundamentals. At least, ETH is the ebst altcoin so far, with a high market cap. Btw, we already know that investing in cryptocurrency is always risky, although we are investing in Ethereum or Bitcoin, it always has risks. that is why we cannot guarantee that Ethereum is exactly safe. It will depend on where we are investing, how we secure the data, and also how we management of the emotions and funds of investment. So, we will not be driven by emotional panics and take wrong decisions at the wrong time. Investing in Ethereum will be worthy in the long term, like Bitcoin.
yes everyone in the crypto market should already know the risks. Ethereum and Bitcoin are considered very safe. but no one dares to provide insurance for the ownership of crypto assets. it makes the intended security still vague or not 100%.
However, every financial analyst in the world, of course, has analyzed the potential of Bitcoin and other crypto assets. Ethereum which is now considered the strongest altcoin after Bitcoin in the crypto market also has great potential for its development in the future.
so there will be no guarantees for Ethereum, but most of the people in the Crypto space trust Ethereum with its approach.
ETH is a coin in 2nd position.  Which ranks after Bitcoin.  And like Bitcoin, ETH is very popular.  Investing in Ethereum is as safe as investing in Bitcoin.  Although two different things, Bitcoin is a decentralized digital currency and has no physical trace of a company or owner.  However, the owner of Ethereum is visible. So investing in Ethereum is much safer than other altcoins

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January 20, 2023, 08:25:27 AM
 #87

First let me say one thing, investing is your personal matter, you can take idea from other people but buy what they suggest setaaktu carefully. Eth is a good coin you can invest. It is better to invest in Bitcoin because it is the safest. If you invest by looking at the market condition, you will be protected from losses.
Yes I think so too. If I ever think about investing I will invest in Bitcoin first and then invest some money in Ethereum. I think if the price of Bitcoin goes up then they will go up in price of Ethereum.  So I will invest in both of them. I expect the price of Bitcoin to rise along with the price of Ethereum in a very short period of time.

In spite of the fact that Bitcoin is the best option on the market, many newbies still find a way to ignore it because they believe that it cannot give them big profits, which is a common mistake that newbies seem to make among themselves. But with Ethereum option is also a good choice, as long as we should only invest in bitcoin or Ethereum and stay away from all other shitcoins, our investment will be safe too.

Although many say that ETH is no longer safe once it has moved to POS, I still believe that there will be no altcoin that can replace it, it will always be the queen of altcoins and will always stand by bitcoin.

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January 20, 2023, 09:35:30 AM
 #88

what's altcoin safer for investment than ethereum that has that high market capitalisation to the point that the other altcoin following it getting left behind, I think you're safer investing in eth than investing in other alts.
basic rules of thumb should be you are allocating majority of your investments in btc and eth then some other coins after that. then you're gonna get relatively low risk investment portfolio in your arsenal and shouldn't worry about losing most of your money when some alts collapses. so that for long term you could get more benefits out of your investments since alts in general only suited for short term.
I agree, I mean there is a reason why ETH is so high, and there is a reason why it's as high as nearly being all the others combined together being smaller (if you leave bnb and stables out, it's like that right?). So, there is a reason why ETH is at the top of the food chain in the altcoin world and if you really want to make sure that you are investing in the right thing, you can't go any better than ethereum at all.

I know that some people may find something wrong with it if you look closely enough, something that could go wrong that could make it crash. But you know what's the difference? You could find that with anything, and that's the difference, others are even worse.

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January 21, 2023, 04:38:40 AM
 #89

In spite of the fact that Bitcoin is the best option on the market, many newbies still find a way to ignore it because they believe that it cannot give them big profits, which is a common mistake that newbies seem to make among themselves. But with Ethereum option is also a good choice, as long as we should only invest in bitcoin or Ethereum and stay away from all other shitcoins, our investment will be safe too.

Although many say that ETH is no longer safe once it has moved to POS, I still believe that there will be no altcoin that can replace it, it will always be the queen of altcoins and will always stand by bitcoin.
It seems this is going to be the case for the foreseeable future, just as there were many coins over the years that claimed they were going to replace bitcoin and they all failed, we have seen the exact same thing happening with ethereum, countless projects have appeared over the years that were supposed to kill ethereum, and since they have all failed then it is safe to assume that if at some point ethereum were to collapse it would not be because of another coin but because of internal factors.
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January 28, 2023, 02:00:40 AM
 #90

if eth as second biggest coin could be collapsing then I think the cryptocurrency market will be shaken hugely, the only thing holding eth back might be the fact that it's over supply and even like that there's mechanism that gonna reduce its total supply.
I think eth is definitely safest choice in term of investing in altcoins, mainly because the fact that it's first ranked altcoin.

Your answer is very interesting, indeed if ethereum collapses, the crypto world will definitely be shaken, and I hope that the crypto world will continue to thrive. and now ethereum has also proved that ethereum is the first rank altcoin and now the price also had a nice price increase now it will be close to 1600.

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January 28, 2023, 03:51:11 AM
 #91

To me, Ethereum is a safe choice and has great growth potential. The simple reason is that ETH has experienced a history of constant growth and huge trust creation. That also proves why all projects choose to build on the ETH platform. The upcoming Shanghai upgrade is very promising. Just buy and hold ETH

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January 28, 2023, 10:06:42 AM
 #92

if eth as second biggest coin could be collapsing then I think the cryptocurrency market will be shaken hugely, the only thing holding eth back might be the fact that it's over supply and even like that there's mechanism that gonna reduce its total supply.
I think eth is definitely safest choice in term of investing in altcoins, mainly because the fact that it's first ranked altcoin.

Your answer is very interesting, indeed if ethereum collapses, the crypto world will definitely be shaken, and I hope that the crypto world will continue to thrive. and now ethereum has also proved that ethereum is the first rank altcoin and now the price also had a nice price increase now it will be close to 1600.
Agreed, just think of the cryptomarket. When Luna, celcius and other cryptocurrencies were able to make a downturn in the market of cryptocurrency. Surely Ethereum's collapse will affect the market very hard. Crypto market will continue to grow, and Ethereum will be a big player as now. We know it is impossible to defeat bitcoin, and same will be the with Ethereum. Going through the growth chart it is possible to see a move that have taken place gradually. So, Ethereum is in a strong position than what many people say.

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posi
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January 28, 2023, 11:18:34 AM
 #93

if eth as second biggest coin could be collapsing then I think the cryptocurrency market will be shaken hugely, the only thing holding eth back might be the fact that it's over supply and even like that there's mechanism that gonna reduce its total supply.
I think eth is definitely safest choice in term of investing in altcoins, mainly because the fact that it's first ranked altcoin.

Your answer is very interesting, indeed if ethereum collapses, the crypto world will definitely be shaken, and I hope that the crypto world will continue to thrive. and now ethereum has also proved that ethereum is the first rank altcoin and now the price also had a nice price increase now it will be close to 1600.

If ETH collapses, I fear that the crypto industry will hardly continue to exist, not just shake. ETH has a huge impact on the entire market, if not as big as bitcoin. The collapse of ETH is as unlikely as we think of the collapse of bitcoin. ETH price is still very cheap compared to the old ATH and the potential it brings, I believe ETH can touch $10k or $15k in the future, so invest in ETH now. If you don't invest in ETH, then you shouldn't invest in other altcoins.

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January 28, 2023, 11:34:07 AM
 #94

In spite of the fact that Bitcoin is the best option on the market, many newbies still find a way to ignore it because they believe that it cannot give them big profits, which is a common mistake that newbies seem to make among themselves. But with Ethereum option is also a good choice, as long as we should only invest in bitcoin or Ethereum and stay away from all other shitcoins, our investment will be safe too.

Although many say that ETH is no longer safe once it has moved to POS, I still believe that there will be no altcoin that can replace it, it will always be the queen of altcoins and will always stand by bitcoin.
It seems this is going to be the case for the foreseeable future, just as there were many coins over the years that claimed they were going to replace bitcoin and they all failed, we have seen the exact same thing happening with ethereum, countless projects have appeared over the years that were supposed to kill ethereum, and since they have all failed then it is safe to assume that if at some point ethereum were to collapse it would not be because of another coin but because of internal factors.
This is going to accept the fact that no other coins can replace ETH.
It means that ETH is dominating among altcoins and no matter how tough the market competition today and in the future, ETH will still win.
Might the fees be too high which most traders don't like but I still see huge support from the community making this project will remain strong despite the negative news and feedback that we heard. In fact, it turns down after moving from POW to POS system but fortunately, it rises back together with Bitcoin.
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January 28, 2023, 04:01:00 PM
 #95

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,
This is true, among a gazillion altcoins out there you need to find what you think is suitable for you based on the research you have done before because it's so easy to loss your money when you invest on altcoins.

: does ethereum have a good future?
Yes, it's pretty good. Have smart contract to work on, have been known for top altcoins out there from many people out there and strong community which makes this one has good future.

: is it not wrong if I choose to invest in ethereum?
You're not wrong. But please, do some research first about when is the best time to invest on Ethereum because it's not just a game where you buy and forget about it unless it is Bitcoin. When you buy it at the wrong time, you might need to do something in order your investment isn't ended with a loss.

: why is ethereum the no. 1 ALTCOIN?
I have said it before up there.

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January 28, 2023, 08:31:07 PM
 #96

To me, Ethereum is a safe choice and has great growth potential. The simple reason is that ETH has experienced a history of constant growth and huge trust creation. That also proves why all projects choose to build on the ETH platform. The upcoming Shanghai upgrade is very promising. Just buy and hold ETH

ethereum is still the second best choice after bitcoin and the best among altcoins even though BNB is also quite promising.
because of the trust that has long been attached to ethereum, there are still many projects using the ethereum platform to date, which is a separate proof that cannot be separated from the situation regarding ethereum. totally agree that at times like this keep buying and holding ethereum because of the promising prospects in the future.

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January 28, 2023, 09:01:06 PM
 #97

To me, Ethereum is a safe choice and has great growth potential. The simple reason is that ETH has experienced a history of constant growth and huge trust creation. That also proves why all projects choose to build on the ETH platform. The upcoming Shanghai upgrade is very promising. Just buy and hold ETH

ethereum is still the second best choice after bitcoin and the best among altcoins even though BNB is also quite promising.
because of the trust that has long been attached to ethereum, there are still many projects using the ethereum platform to date, which is a separate proof that cannot be separated from the situation regarding ethereum. totally agree that at times like this keep buying and holding ethereum because of the promising prospects in the future.
No, Ethereum will still beat BNB in terms of adoption. Remember BNB once on the Ethereum chain and I think most TVL are with Ethereum. The Shanghai upgrade is just around the corner and that's likely a huge catalyst for Ethereum. Technology on Ethereum is beyond compare and they're the reason why we have so many dApps these days using the smart contract technology.

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January 28, 2023, 09:25:05 PM
 #98

Well I don’t value many Altcoin and that is for sure especially those low cap coins that are filling up the cryptocurrency market on a daily.

Ethereum is far better than those altcoins and if I ever have to invest in Altcoin it would definitely be either Ethereum or any other top Altcoin because they have great market record.
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January 29, 2023, 04:43:39 AM
 #99

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.
and I saw the news that it turned out that a lot of people were investing in ethereum because the ethereum project is very good and has a lot of fans. and I want to ask everyone?

: 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 is an altcoin that has potential so many people are interested in it. besides that ethereum also has the opportunity to increase its value in the future even though there are many other altcoins that compete with it. for investment options I think it's very good if you put your money in ethereum. As for the obstacles that Ethereum has, I think they are only minor obstacles and they can still be solved by their developers

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January 29, 2023, 07:23:51 AM
 #100

Any investment is risky. You are safe investing in Ethereum. You can observe the market situation more, and don't miss the market situation. Or you can invest in altcoins you are interested in. Other altcoins are also doing well.
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