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Author Topic: What is your view and your opinion about Ethereum?  (Read 1068 times)
LogitechMouse
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February 09, 2024, 11:22:54 PM
 #21

In terms of safety, Ethereum is on top of all the altcoins out there because it has been there for a very long time, and it has a huge community as well.
On the other hand, though, some smart contract platforms are gaining popularity just because of the very low fees when they're using their blockchain. I mean let's face it, it's very annoying to make a transaction that will cost you 4-5$ or even higher. That's what Ethereum is right now, and compared to altcoins, I would rather use them rather than Ethereum.

Nevertheless, Ethereum is a good coin to hold because I believe that the higher the market cap is, the lower the risk on it as well. On the bull run, it will perform better of course like other top coins, and with the Ethereum ETF possibly being approved anytime this year, I'm not expecting an immediate rise in its price but maybe it would be beneficial for it in the long run.

Well, I'm not holding too much ETH currently, but I have a position on it still.

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February 09, 2024, 11:35:07 PM
 #22

I don't think it's like that because so far I've noticed that the price increase of Bitcoin and large altcoins like ETH tend to be the same. meaning the percentage increase in price when bullish won't be that far, unless there might be big news about ETH. Apart from this problem, investing in ETH is the right choice because investing in ETH has a much lower risk than investing in other altcoins.

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February 10, 2024, 05:18:37 AM
 #23

Yeah. This is most often asked but personally I can't compare bitcoin and ethereum directly. as a pioneer of blockchain technology, bitcoin is very different from ethereum, it is more suited as a cryptocurrency while ethereum focuses on smart contracts used for new projects. both are major cryptocurrencies that influence other currencies and are worth buying.

So, in terms of which decision maker we will choose and also the impact of risk to gain profits in investment, sometimes we have to call it an opportunity, if it seems like a small opportunity and the risk is not too high for us, just continue.

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February 10, 2024, 06:42:34 AM
 #24

ETH is a potential coin for altcoins, but if you look at the shipping costs which are very heavy and sometimes require extra funds for it, then there will be many people avoiding transactions on the ETH network, including me
In contrast to automatic networks, BSC and TRX they have low fees
However, if ETH is used as a long-term investment, I really agree if ETH is used as an alternative after BTC to be used as a long-term investment.

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February 10, 2024, 09:19:01 AM
 #25

The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.
Don't forget to visit the official thread.
https://bitcointalk.org/index.php?topic=428589.26180

I believe that investing in Ethereum is very conservative. This ecosystem has a great future and Ethereum is not threatened by SEC regulation. In the worst case scenario, the team will pay a small fine.
Investors prefer more dynamic assets, where the price can increase by 500-1000%, and Ethereum has little chance of such things.

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February 10, 2024, 11:02:23 AM
 #26

Also, note that the price of Ethereum is not in anyway proportional to that of Bitcoin. So anyone saying that when Bitcoin will be $100k, Ethereum will be $10k is just saying it out of their imagination.

If you're looking at unit price instead of looking at market cap or fully diluted valuation(FDV), then you're doing it wrong. Unit bias is a pandemic.

https://www.binance.com/en-JP/feed/post/2458409108945
https://cointelegraph.com/news/bitcoin-etf-unit-bias-psychology-vaneck

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February 10, 2024, 11:16:39 AM
 #27

It could be that investing in both of them is like the king and queen of crypto, so in terms of how much profit or the most, I will make it number two, the most important thing is to be calm when investing, but still the main goal in investing is to make a profit, but if you choose an altcoin that doesn't provide the calm and comfort that exists is only the worry of losing which makes us worry every day

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February 10, 2024, 08:12:48 PM
 #28

Also, note that the price of Ethereum is not in anyway proportional to that of Bitcoin. So anyone saying that when Bitcoin will be $100k, Ethereum will be $10k is just saying it out of their imagination.

If you're looking at unit price instead of looking at market cap or fully diluted valuation(FDV), then you're doing it wrong. Unit bias is a pandemic.

https://www.binance.com/en-JP/feed/post/2458409108945
https://cointelegraph.com/news/bitcoin-etf-unit-bias-psychology-vaneck

I am not sure I understand what you mean though I read the binance article. I was saying that the value of Ethereum isn’t that tied to that of Bitcoin in a way that we can say that when Bitcoin is $100k, Ethereum will be $10k. Of course Ethereum won’t be left behind when it’s time but the exact price won’t dependent on Bitcoin. That’s what I was trying to say.



 

 

 

 

 

 


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February 11, 2024, 10:04:51 AM
 #29

With the increase in the price of bitcoin ethereum has performed well in the market. Among altcoins ethereum is the best currency to invest in. It is wise to take a long term view when investing ethereum in crypto. The short term can be rough but it is easy to understand the exact position of the market but ethereum has faced worse in the past. If history has shown us anything it's that riding out storms can be incredibly profitable ethereum is well diversified in the crypto world.

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February 11, 2024, 11:52:03 AM
 #30

I don't think, Ethereum is more profitable than Bitcoin because I have tested the two coins in the market, I came to discovered that whenever the price of Bitcoin is increasing in the market other cryptocurrencies price like Ethereum, Solana BNB and other will continue to increase. Now that the price of Bitcoin is preparing to hit $50,000 for those investors waiting for the price to appear before they can sell to make a passive income from Bitcoin investment, and there is no way Ethereum price will hit $3000 in this bullish season that is about to happen in the market. I will advice you to invest huge amount of money on Bitcoin and invest little money on Ethereum which is the best strategy many crypto investors are using to remain successful in this community.

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February 11, 2024, 03:04:12 PM
 #31

It's a cryptocurrency that could potentially give you more upside knowing there's a non-zero chance that an Ethereum ETF can be approved in the future.
Ethereum can (and most likely will) provide advantages without ETF. Suffice it to remember how much Ethereum cost at the highest values. On the new cycle, this bar will probably be overcome, since Ethereum, like Bitcoin, reaches new heights each time.

With that said, as anything that could give you more upside, the downside is bigger as well. Also taking note that in the smart contact niche, Solana has gained decent market share because of the far cheaper fees and the cosmos ecosystem is starting to get heated up as well. Hence the long-term success of Ethereum is not as certain as Bitcoin's.
If bitcoin's competitors, even if they are more technologically advanced, will still play a secondary role, then Ethereum, at first glance, may have problems with this. But Ethereum already has a strong established community and the first role among altcoins, which gives Ethereum a serious head start. It will not be easy for Solana (or another coin coin) to catch up and dislodge Ethereum from his position.

In the end though, wanting more potential profit isn't necessarily bad. Just make sure to practice proper risk management.
Diversification contributes well to this.

There are doubts about the Ethereum's bright future - invest partly in potential competitors.

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February 11, 2024, 03:41:18 PM
 #32

I'm also sure the price of other altcoins with smaller markets can rise higher but compared to ethereum with a very large market, a 2-5x increase is already something very magical.
what is the market capitalization of eth if the price is 10000$.
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February 11, 2024, 04:55:39 PM
 #33

ethereum is a good coin to hold long term, so I encourage you to hold onto it and buy it,
but you can see other coins that have the potential to rise, such as layer 2 tokens and modular tokens.

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February 11, 2024, 05:08:49 PM
 #34

The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.
One thing you need to understand is that there is no way investing in Ethereum would be more profitable than investing in Bitcoin. The difference has to be clear and we don't have to agitate more in that. Bitcoin is more volatile than Ethereum and the price make the entire crypto market to accelerate or decelerate.
Holding Ethereum will be profitable to all holders and that does not mean that the price will not always fluctuate. We need to understand the market and how to earn more without having to relent on a particular information before we start investing.
The market is volatile and huge in liquidity so what ever we sow must be strategized for more winnings.

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February 12, 2024, 08:42:20 PM
 #35

Investing in Ethereum coin is a good one, because after Bitcoin is Ethereum and as you said that when bitcoin reach 100k, probably Ethereum price may reach 10k and that is absolutely correct in the price assumption, in which Ethereum investment makes more profits than Bitcoin. In other words Bitcoin investment can not compare to other alt-coins because it get why!, and Bitcoin still remains as number one in the cryptocurrency market.
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February 12, 2024, 08:49:54 PM
 #36

The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.

ethereum is my favorite altcoin after solana we have to know that the king of altcoins is ethereum we have to admit that if the etf eth approves and the bull run starts I am very, very sure eth will break its all time high again buy more eth from now that is my personal opinion about ethereum and go back and do your own research

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February 12, 2024, 10:04:51 PM
 #37

Ethereum as a blockchain platform has had a profound impact on the cryptocurrency and decentralized finance landscape. Ethereum was the first to introduce the concept of smart contracts that enable developers to create and execute decentralized applications .  Despite challenges such as high gas fees and some other issues, attempts are being made to address its limitations with upgrades such as Ethereum 2.0.

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February 13, 2024, 07:58:59 PM
 #38

Investing in Ethereum coin is a good one, because after Bitcoin is Ethereum and as you said that when bitcoin reach 100k, probably Ethereum price may reach 10k and that is absolutely correct in the price assumption, in which Ethereum investment makes more profits than Bitcoin.
Those that have been holding Ethereum and Bitcoin at the same time can prove that to themselves. But if you're only holding one and you decide to stay on it like in Bitcoin, you'd definitely going to say that Bitcoin is more profitable. On my part, Bitcoin is more profitable. I've invested into both of them and didn't sold at the peak for both but I can say that I've made much more profit in Bitcoin than Ethereum. I'm also thinking of seeing Ethereum at $10k when Bitcoin goes $100k. Maybe that's too much expectation but I'd hold it until I see that time before selling.

In other words Bitcoin investment can not compare to other alt-coins because it get why!, and Bitcoin still remains as number one in the cryptocurrency market.
It is number 1 and you'll love to have both of them but make sure to have more with Bitcoin if you think it's more profitable and that's what I think. But at the same time, I'm also holding Ethereum and not more than the Bitcoin that I hold. You choose your own choice as both of them no matter what the comparison is that they're both profitable and that's what is the most important thing about these comparisons that people have been doing.

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February 13, 2024, 09:41:53 PM
 #39

The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.
There is a lot of positive news that supports the good potential of Ethereum itself in the future. Which can also be taken into consideration in fundamental analysis when analyzing ethereum. One of them is related to the Ethereum Spot ETF which is just waiting to be approved by the SEC.

And more than that we should also look back at the constantly updated developments and ever-improving network of Ethereum. Which indicates that ethereum is the most serious crypto project in developing their network technology. And the Ethereum ecosystem never goes out. New projects continue to emerge in the ethereum ecosystem. Even Laye 2 and layer 3 projects have also become very popular and have attracted the interest of many small and large investors to enter layer 2 projects on ethereum. And the most rapidly developing is Arbitrum (Layer 2) where the ecosystem in the Arbitrum network itself has increased rapidly, just like its parent, namely Ethereum, which is layer 1 of Arbitrum itself. So it is very true that many people say investing in Ethereum has great potential. It's just that we have to do our own research and shouldn't immediately believe it before we can analyze the projects suggested by other people ourselves.
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February 13, 2024, 09:55:27 PM
 #40

I don't think it's like that because so far I've noticed that the price increase of Bitcoin and large altcoins like ETH tend to be the same. meaning the percentage increase in price when bullish won't be that far, unless there might be big news about ETH. Apart from this problem, investing in ETH is the right choice because investing in ETH has a much lower risk than investing in other altcoins.
As investors, we root for the gigantic profits in the system, non-stopping from achieving our targets. We ought to come to reality that ETH have made most investors in the space smile and have also made most of these investors to frown their faces because of the heavy losses recorded on their accounts. Investing in ETH doesn't scare me because it's a top project in the system and have turn out to become one of the promising projects after calling out Bitcoin that's the first. Ethereum will definitely pump, no doubt about that but the big problem is the when that follows.

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