Ethereum and BlackRock

[hack3rcon]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

[oktana]

Everyday we see these questions of “is now the right time”. Do you plan to do daily trading? Because if you want to hodl Ethereum for a long time, this question wouldn’t be valid. Look at a couple of years ago, everyone that kept on asking if it was the right time have gotten their answer. If you don’t invest when you can and keep asking when to invest, you’ll miss out. Invest the amount you won’t be worried about, you can add little by little and hodl for long terms.

[Makus]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

I don't do altcoins, but ethereum seem to be a promising coin and the question " do I buy now" has been the regret of so many investors after so many months of still contemplating, there is never a wrong time to buy and accumulate coin that are promising, the fact that you are still holding back show you are ready yet for you investment journey especially when you are holding for long term. The highest price you see now might be the least you experience in the next 6 months so buying now is the best answer to your question, even at the bull run buying and accumulating more will never make you regret as long as you give your investment some time arrive at its destination.

[batang_bitcoin]

Is now the right time to buy Ethereum?

It was when it's around $900-$1000 last year. But if you're longing to ETH then it sure is the right time to buy it. Consider how long you are going to hold on it. If that's going to be until 2025 then there is a bigger chance that the price might be higher from the current. I am not giving that guarantee and it is not a financial advice. You invest based on what you think about Ethereum but it's known that it's the 2nd top choice of the majority of the investors and with the news about BlackRock applying for an Ethereum ETF, so the chances are there.

[DapanasFruit]

Is now the right time to buy Ethereum?

Now that Ethereum is rising and can be $2500 within this November as what i read somewhere, many of those who snubbed ETH can be asking this same question. The answer is a big YES but it would have been better if you inquired on that  month ago but don't despair since this is still open for you...who knows by 2024 ETH can go beyond its last ATH which was $4,878.26 that happened on Nov 10, 2021. See...the opportunity is right now smiling all upon us that BlackRock has already filed ETH for Ethereum. But then again, crypto means high rewards and high risks so be careful in navigating the water so you won't drowned.

[jrrsparkles]

Everyday we see these questions of “is now the right time”. Do you plan to do daily trading? Because if you want to hodl Ethereum for a long time, this question wouldn’t be valid. Look at a couple of years ago, everyone that kept on asking if it was the right time have gotten their answer. If you don’t invest when you can and keep asking when to invest, you’ll miss out. Invest the amount you won’t be worried about, you can add little by little and hodl for long terms.

I disagree, Ethereum is better than shitcoins but is it really that profitable for long-term investment? No.

Ethereum failed to rise even when bitcoin and other altcoins surged also the switch from PoW to PoS made them to be less decentralized and also they consider increasing the staking amount from 32 to 2048 ETH which shows that how much they want to become centralized which is against the adoption of cryptocurrency and if Ethereum goes in that way then surely it will fail in long term.

[hack3rcon]

Hello,
Thank you so much for all replies.
I asked it because of the following article:

https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-longs-are-closed-as-macd-offers-sell-signal-202311081900

I am afraid to buy and its price will drop to $1800. What is your opinion?

[Text]

Hello,
Thank you so much for all replies.
I asked it because of the following article:

https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-longs-are-closed-as-macd-offers-sell-signal-202311081900

I am afraid to buy and its price will drop to $1800. What is your opinion?

There are really many factors to consider before deciding, and there are also many factors that can influence its course in the market. I know the feeling when attention is given to a coin that we are interested in, and we closely monitor it, especially when significant growth is being discussed. However, let's not forget that it is still volatile, and it can fluctuate in no time. If you are going to decide, it should be based on your own research and how you assess it, not because of someone else's prediction, as that is just their analysis or opinion about the current trend.

In my personal view, I also consider ETH for the long term. Aside from being the second-largest cryptocurrency by market capitalization and having a strong network of developers and users, it is also the platform of choice for DApps in traditional industries such as finance and gaming, which is why I see its potential. There's also a major upgrade called Merge that could further increase adoption and prices. However, the risk of potential setbacks remains, such as a major crash due to the competition it faces from Solana and Polkadot.

[hack3rcon]

Hello,
Thank you so much for all replies.
I asked it because of the following article:

https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-longs-are-closed-as-macd-offers-sell-signal-202311081900

I am afraid to buy and its price will drop to $1800. What is your opinion?

There are really many factors to consider before deciding, and there are also many factors that can influence its course in the market. I know the feeling when attention is given to a coin that we are interested in, and we closely monitor it, especially when significant growth is being discussed. However, let's not forget that it is still volatile, and it can fluctuate in no time. If you are going to decide, it should be based on your own research and how you assess it, not because of someone else's prediction, as that is just their analysis or opinion about the current trend.

In my personal view, I also consider ETH for the long term. Aside from being the second-largest cryptocurrency by market capitalization and having a strong network of developers and users, it is also the platform of choice for DApps in traditional industries such as finance and gaming, which is why I see its potential. There's also a major upgrade called Merge that could further increase adoption and prices. However, the risk of potential setbacks remains, such as a major crash due to the competition it faces from Solana and Polkadot.

Hello,
Thank you so much for you reply.
Can you tell me some of these factors? Do things like the number of buyers and sellers and Volume (24h) matter?

[Best-mary]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

I'd go straight to the point for you. The right time to buy any coin is not when is getting its hype. Rather, is best to get a token when is still neutral.

This means you want to FOMO and when you do that, you might end up buying the high and you will be the person getting liquidated in the long run.

Well for me, what I did when I saw this news was to set eth to the price range I will be selling it at with my dual investment because I know there will be much volatility

[oktana]

Everyday we see these questions of “is now the right time”. Do you plan to do daily trading? Because if you want to hodl Ethereum for a long time, this question wouldn’t be valid. Look at a couple of years ago, everyone that kept on asking if it was the right time have gotten their answer. If you don’t invest when you can and keep asking when to invest, you’ll miss out. Invest the amount you won’t be worried about, you can add little by little and hodl for long terms.

I disagree, Ethereum is better than shitcoins but is it really that profitable for long-term investment? No.

Ethereum failed to rise even when bitcoin and other altcoins surged also the switch from PoW to PoS made them to be less decentralized and also they consider increasing the staking amount from 32 to 2048 ETH which shows that how much they want to become centralized which is against the adoption of cryptocurrency and if Ethereum goes in that way then surely it will fail in long term.

Do not forget that the OP was talking about Ethereum so it isn’t me asking him to buy. However, personally, I will hodl Ethereum. Idk your opinion but I see and respect it’s consistency. I know some altcoins do a lot more gains and I’m not saying that I won’t invest in other alts, but I’ll definitely include Ethereum. What you’re saying isn’t terrible that holding Ethereum becomes useless. After all, it wasn’t always at this current price. I remember when it was way less.

[jrrsparkles]

Everyday we see these questions of “is now the right time”. Do you plan to do daily trading? Because if you want to hodl Ethereum for a long time, this question wouldn’t be valid. Look at a couple of years ago, everyone that kept on asking if it was the right time have gotten their answer. If you don’t invest when you can and keep asking when to invest, you’ll miss out. Invest the amount you won’t be worried about, you can add little by little and hodl for long terms.

I disagree, Ethereum is better than shitcoins but is it really that profitable for long-term investment? No.

Ethereum failed to rise even when bitcoin and other altcoins surged also the switch from PoW to PoS made them to be less decentralized and also they consider increasing the staking amount from 32 to 2048 ETH which shows that how much they want to become centralized which is against the adoption of cryptocurrency and if Ethereum goes in that way then surely it will fail in long term.

Do not forget that the OP was talking about Ethereum so it isn’t me asking him to buy. However, personally, I will hodl Ethereum. Idk your opinion but I see and respect it’s consistency. I know some altcoins do a lot more gains and I’m not saying that I won’t invest in other alts, but I’ll definitely include Ethereum. What you’re saying isn’t terrible that holding Ethereum becomes useless. After all, it wasn’t always at this current price. I remember when it was way less.

I think I provided valid points and still stand by them, the switch from PoW to PoS and increasing the staking amount doesn't look good for the future of Ethereum itself so we never know how the future of Ethereum will turn out to be, and why we can't compare the Ethereum with Bitcoin and other coin is because there are a lot of competitors for Ethereum whereas for bitcoin there is none and there will never be so personally I feel the future of Ethereum is uncertain but investing always comes with risk so its everyone's choice to decide what they choose to invest.

[Jating]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

This is the classic example of a FOMO. I mean if the OP is really a investor then it doesn't matter if there is news about BlackRock intention for a Ethereum Spot ETF. However, when he hears the news then immediately he wants to join the bandwagon by starting to ask for financial advise here. The best thing to do, with or without this news is to simply accumulate if you think that Ethereum will continue to rise in the future.

All things pointing out to a imminent bull run in 2024-2025. Block halving will start around April and that is the catalyst for a massive bull run. So just think of Ethereum as a solid coin that will give you a huge profit in the future. So yeah why not just buy it and hold for long term?

If the BlackRock application is approved, then good, if not then you can still make some profits by HODLing.

[Sophokles]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

It depends on your strategy. If you are looking for some quick profit then i think you are late and there can be a correction in the market because there isn't any strong reason for this rally. This is just a hyped-out rally by the market due to blackrock ETF news. But if you are a long term holder and targeting the next bull run then i can say you are later here too but there is still time. ETH was below 1600$ for a long time and I think ETH below 1600$ is a good deal. I brought few ETH below that level and wanted another possible correction to buy more on the line.

[goaldigger]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

The price is high already and if you want to invest then you can wait from some price correction or you can take the risk of buying it now and hold until its next peak. I understand that there’s a lot of FOMO already in the market as the price continues to pump but still I suggest not to rush on buying and instead look for a perfect timing to buy and sell, have your strategy ready always.

[kentrolla]

Ethereum is my most trusted Altcoin but at this moment if one wants to invest in Ethereum only because BlackRock has filed for Ethereum then you are a short term investor and I would say this is not a right time for short term investors because it would be foolish move to invest based on a event wherein outcome is not clear yet, if you a long term investor then anytime is a good time to invest and one can do it during correction phase to make most out of it, short term traders should wait for a market correction to buy at dip as we have seen surge in price of all the crypto coins since the month of October hence this won't be an appropriate time to buy. It's my suggestion based on my experience and I would suggest you to do your own research and don't take any suggestions here as financial advice because we could be wrong.

[livingfree]

I am afraid to buy and its price will drop to $1800. What is your opinion?

That is possible that it can still drop. Just because there is another application from Blackrock doesn't mean that it's not going to fall a bit. Remember that whenever we see some skyrocket, what's next? The dumping scene and that's very likely after all of these moments that we've seen on the market.

The dump is about to come or more likely that it's going to be a correction. So before you buy, make sure that you're already decided and DCA as well. Buy with a few for now if you think that $2k is quite high for its price and just be ready when it dumps or it pumps.

As long as you've got some budget ready to purchase, that's what you should think of. If you're discouraged then just watch it grow or correct.

[cryptoaddictchie]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

I think its a good entry still as any token keeps pumping especially the alts but not sure if those movement arent pump and dump cause there are different tokens pump daily as I can see on Binance hot coins probably gets trigger by the bitcoin massive pump but dont get too excited cause we are still early to say its on a bull run phase.

[hack3rcon]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

The price is high already and if you want to invest then you can wait from some price correction or you can take the risk of buying it now and hold until its next peak. I understand that there’s a lot of FOMO already in the market as the price continues to pump but still I suggest not to rush on buying and instead look for a perfect timing to buy and sell, have your strategy ready always.

Hello,
Thank you so much for your reply.
Do you think the price will be adjusted in the next few days? Does it mean that the price will decrease? I don't want to make a decision based on your opinion and I just want to know your personal opinion.

[hack3rcon]

Hello,
I read the following news:
https://coinmarketcap.com/community/articles/654d4f5e51dc7d34b7d45ea2/

Is now the right time to buy Ethereum?

Thank you.

This is the classic example of a FOMO. I mean if the OP is really a investor then it doesn't matter if there is news about BlackRock intention for a Ethereum Spot ETF. However, when he hears the news then immediately he wants to join the bandwagon by starting to ask for financial advise here. The best thing to do, with or without this news is to simply accumulate if you think that Ethereum will continue to rise in the future.

All things pointing out to a imminent bull run in 2024-2025. Block halving will start around April and that is the catalyst for a massive bull run. So just think of Ethereum as a solid coin that will give you a huge profit in the future. So yeah why not just buy it and hold for long term?

If the BlackRock application is approved, then good, if not then you can still make some profits by HODLing.

Hello,
Thank you so much for your reply.
Isn't BlackRock application approved yet?