ETH vs Alts: Balancing Act in the Bull Run

[aima55]

Guys, I've been thinking about this and wanted to share it with you because you all feel like family to me lol. Lately, I haven't been earning much, and after ranking up these past few months, I lost a lot trading Memecoins. The altcoins I'm holding don't seem like they'll give me significant returns.

I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe

Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?

[TastyChillySauce00]

Knowing that we still uncertain about how much impact the ETF gonna have for ETH it's hard to know whether going all in with ETH or diversify it to altcoin is a good way to go.

but using my own strategy, i just decided to aped in to ETH by going all in and stake it through restaking platform to grab those alts for free. it's indeed risky strategy since there's always chance that the project get hacked since they are new project but I just want to make aggressive investment these days so it make sense to me.

but since the sentiment with BTC is quite good and ETF is just around the corner I think going all in with ETH will work, not to mention lesser risk than investing in altcoin with lower market cap, but it's definitely not financial advice, since i have my share of predicting the market wrong as well.

[Cryptoababe]

You are doing the right thing. Buying either Ethereum or Bitcoin is a good choice, even if there's no upcoming good news.
Now that we're all expecting an Ethereum ETF, it seems to be the right time to invest. Ethereum could easily outperform Bitcoin after the approval, or possibly even weeks or months before the ETF approval. Many exchanges are hosting events to celebrate the upcoming ETF.
An Example is this event from my Exchange. You can check your exchange's announcement page to see if they have any similar promotions. These events are for promotional purposes, but they can help you earn more ETH. Best of luck!

[Adbitco]

There is no need holding shitcoin in your portfolio knowing too well that they are yielding nothing to you even though you for long term there is no much changes instead you re losing your hard earned money to those cheap project. It would be better to focused on 1 to 3 coin after having picked bitcoin in your portfolio then Ethereum, BNB, Polygon. I think this coin are more reliable than any other coin out there, you know buying newly listed coin especially memecoin could be very tempting due it sudden hypes and how people seems to make fortune out of it when they invested and early stage of it could make you lose concentration and began to follow up those memecoin.

[asriloni]

Guys, I've been thinking about this and wanted to share it with you because you all feel like family to me lol. Lately, I haven't been earning much, and after ranking up these past few months, I lost a lot trading Memecoins. The altcoins I'm holding don't seem like they'll give me significant returns.

For real? I thought that meme coins get some transactions, even MEW and TURBO reached new ATHs. It seems you were trading on the Dex. You didn't use the legit meme tokens, and these tokens haven't been listed on the exchange sites. The possible thing for you to do is finding an altcoin that has not yet pumped.

This gonna be one of most effective way to recover your lost.



The picture above was a chart from MEW meme token. It's weird to see. You're taking lots of losses while most meme tokens were climbing so fast.

I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe

Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?

It's a very risky decision, though ETH ETF can be a sense rumor to gamble on it, but i suggest you not to go all in your money. You can't really sure if ETH ETF will give significant impact on the price of ethereum, right?

The path of bitcoin is very uncertain. It had steady increase, but never trust it forever. You can buy a few ETHs. Then, use rest to invest only in undervalued tokens on major exchanges.

This may be useful. It can balance your portfolios. It also decreases the risk of repeating past mistakes.

[Silberman]

Guys, I've been thinking about this and wanted to share it with you because you all feel like family to me lol. Lately, I haven't been earning much, and after ranking up these past few months, I lost a lot trading Memecoins. The altcoins I'm holding don't seem like they'll give me significant returns.

I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe

Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?

If you have lost so much money trading meme coins, why are you still compelled to trade risky altcoins instead of going for the safest choice and buy ethereum? Do you still hope you can trade the right coin and make a lot of money with it? If that is the case then forget about it, most people have been here for years and have failed to achieve those results and it is unlikely you will reach those results either, then it is time to accept the reality and invest in a safer coin.

[Bournesparks]

You are doing the right thing. Buying either Ethereum or Bitcoin is a good choice, even if there's no upcoming good news.
Now that we're all expecting an Ethereum ETF, it seems to be the right time to invest. Ethereum could easily outperform Bitcoin after the approval, or possibly even weeks or months before the ETF approval. Many exchanges are hosting events to celebrate the upcoming ETF.
An Example is this event from my Exchange. You can check your exchange's announcement page to see if they have any similar promotions. These events are for promotional purposes, but they can help you earn more ETH. Best of luck!

Since the Eth ETF was approved, I've been keeping a close eye on Ethereum, despite the market's current unpredictability. I'm doing my best to trade while managing my risk levels. Interestingly, Biden's withdrawal from the US Presidential election has increased Trump's chances of winning, which is a positive development for cryptocurrency enthusiasts like myself, given Trump's well-known support for crypto. This turn of events has boosted my confidence in trading and exploring additional opportunities to grow my Eth holdings.

The event you mentioned on Bitget where participants can earn some ETH is worth keeping an eye on. Even if you don't meet the requirements, the fun would be worth it imo..

[jaberwock]

Since the Eth ETF was approved, I've been keeping a close eye on Ethereum, despite the market's current unpredictability. I'm doing my best to trade while managing my risk levels. Interestingly, Biden's withdrawal from the US Presidential election has increased Trump's chances of winning, which is a positive development for cryptocurrency enthusiasts like myself, given Trump's well-known support for crypto. This turn of events has boosted my confidence in trading and exploring additional opportunities to grow my Eth holdings.

The event you mentioned on Bitget where participants can earn some ETH is worth keeping an eye on. Even if you don't meet the requirements, the fun would be worth it imo..

That shows that you are only in for the hype and you're not a genuine investor. Sorry if that sounds offensive. The market on the other hand will always be unpredictable. This won't change anymore. That's right, you need to manage your risk and you can expect that your trades will now go smoothly.

When it comes to political talks, Biden is a popular contender of Trump, so indeed that the backing out of Biden has a positive effect to Trump but earlier I read a post that Trump do also has a heavy contender. I think its name goes like Harry, or Harris, (not sure if I got that correctly) but that should now be obvious to those who recognize those names or at least how it sounds. With that being said, we must not be confident yet that Trump can win the upcoming election.

Even if let say Biden didn't backed out and win, that can still bring a positive effect in crypto because it is said that he is now also into it. Fine, if you use these positive events as an encouragement but I'd only like to say that crypto is not new and only if you started early without having to wait for a go signal, things might have been better now for you. Anyways, like they say, it's better to be late than later, or never.

[el kaka22]

To be fair ETH having anything increasing, should make others at least as good, or hyped. This is why I like ETH a lot, it is not really opposite of the market, it's exactly what market is. You can look at the ups and downs of ETH in any given day, and you could probably tell how the market looks. Could be a small difference of course, but it will be mostly what it is. I also think that we need to start thinking about some "crypto100" type of fund, while we have these ETF's, that seems likely.

I do not know how stock market does it, but they have like some top ones, like all the blue chip ones in a single fund type of thing, and investors could buy that, I don't know how they replace one going down and another taking its place, but there must be a way. You can start with like "crypto20", where you buy equal amounts from all top 20 coins, and people could invest into that. It is the most logical way forward with these ETF stuff. If you want people to do something, you have to do that a bit, I think that would definitely make people some good money. Only thing worrying is how they handle coins going down in rank and others taking their place, figure that out and I bet this would be awesome.

[$crypto$]

I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe

Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?

Even though the Ethereum ETF was approved, this coin will not just shoot up, there is still a direction that must be considered which is bitcoin because other altcoins will follow bitcoin's movement to bullish.
Now is the time for you to adjust your plans to invest in ETH.

You are hesitant to buy altcoins because they do not provide the benefits you expect then just focus on buying ETH by accumulating, after that just wait for the right moment to rise, you have to be a little patient for hodl.

[fullhdpixel]

Guys, I've been thinking about this and wanted to share it with you because you all feel like family to me lol. Lately, I haven't been earning much, and after ranking up these past few months, I lost a lot trading Memecoins. The altcoins I'm holding don't seem like they'll give me significant returns.

I'm considering going all-in on Ethereum because I believe it will be very bullish and could reach $5,000 to $10,000 this bull run. I want to accumulate more before the Ethereum ETF. If everything goes as planned, I might get some free ETH hehe

Anyways, my concern is whether I should go all-in on Ethereum or just buy 1-2 ETH and use the remaining money to buy other altcoins. What do you think?

I'm sorry to hear about your loss, that's why I don't like to invest in meme coins because meme coins never give you profit with surety if you lose your luck. If you buy and it gets hyped, then you have a benefit, otherwise, it's a sure loss. I have a different opinion about the rest, about ETH, I'm not saying that ETH won't be provable or if Bitcoin goes up ETH won't go up much, ETH will definitely go up and if you hold for the long term, if you can wait till then, you will get good profit but it is also that apart from ETH there are good projects like SOL, BNB, GNO, etc. You can also invest in them and earn good profit.

I have seen it in the market so far, the highest profit earned from good and old altcoins is from SOL this season. That's why I think it's better to choose two or three coins than to bet on one coin and wait so that if one coin doesn't go up, the other one will go up and you will get a good profit. Bitcoin is the top for future investment because Bitcoin is the most trustworthy, also projects like ETH, BNB, and SOL are good in my view.

It is good to consult and what is done safely has the least chance of loss. Read the comments of more people on your post, listen to those with a lot of experience, and then after listening to everyone, decide what you want. Do what seems best to you, but always keep one thing in mind, when we are in cryptocurrency we should be well aware of both the situation. We can gain and we can lose we should always be ready for both gain and loss. Only then we can become successful traders, otherwise, it is not possible.