Should I hold Ethereum or sell it?

[BTC_pokaop]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?

[pakhitheboss]

You will incur a loss if you sell Ethereum now. Currently the global market and cryptocurrency market are in red but that doesn't mean it will stay in read. A few months back Ethereum was above the $3K mark and if you continue to hold on you will recover your loss. I would not suggest you to sell your Ethereum now.

[Mia Chloe]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?

Well everyone one is out for profit and just like pakhitheboss mentioned, if you sell those coins now you would simply be in a loss of over 18%. Almost every crypto investor now is simply holding on to their coins especially the popular and most adopted ones which include Bitcoin and Ethereum. This is because they are all of the opinion that this current crypto dip is just for a while and will most likely subside sooner.

If you are patient enough to HODL till you are eventually back in profit (which should be the better option) then HODL on to those coins. However if you feel a loss of over 18% to you would be insignificant then you can proceed to selling off your coins. (In the end you would likely wish you hadn't sold them )

[Charles-Tim]

If you have more money to buy, I will advice you to buy more. But I will recommend you to buy bitcoin instead. Maybe I am totally right but I do not see the point of buying ether when its price is now very similar to bitcoin but in a way that if the market is not good, ether will decrease more than bitcoin.

Assuming you bought it at $3000 with $50. Now the price is at $2500. If you buy another $50 worth of it, you will start making money at $2750. If you bought it with huge amount of money already, just wait and let its price get to over $3000 again. If you use small amount of money and planing to buy more before, it is better. You can read about DCA.

[Plaguedeath]

Who cares with your holding.

If users in this forum ask you sell your coins, you will not be happy with your decision and might likely not want to sell it even there are more people say sell than hold.

If users in this forum ask you to hold and sell after the price reach $5K, you will not share your profit to other users.

[asriloni]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500.

Is the price of Ethereum likely to increase?

It's not likely the price of Ethereum is going back to 3k in a short time. I consider how bad the situation is in the macroeconomics of many countries. It's likely another dump is going to happen soon. Though Ethereum is now recovering, I'm doubting it now. The pattern is not even showing retracement.

This can be even worse than you think, and the better if you're always keeping your eyes on the flow of ethereum ETF. I'm feeling very pessimistic about the current state of crypto. I'm thinking we're moving back to the bottom soon.

Retail investors are scared to enter the market. Various countries are hitting their lows, too.



Ethereum has a positive net inflow today. But it may not last. It could drop again if the war happens. Always be careful and stay safe.

[betswift]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500.

Is the price of Ethereum likely to increase?

It's not likely the price of Ethereum is going back to 3k in a short time. I consider how bad the situation is in the macroeconomics of many countries. It's likely another dump is going to happen soon. Though Ethereum is now recovering, I'm doubting it now. The pattern is not even showing retracement.

This can be even worse than you think, and the better if you're always keeping your eyes on the flow of ethereum ETF. I'm feeling very pessimistic about the current state of crypto. I'm thinking we're moving back to the bottom soon.

Retail investors are scared to enter the market. Various countries are hitting their lows, too.



Ethereum has a positive net inflow today. But it may not last. It could drop again if the war happens. Always be careful and stay safe.

Agreed! There are lots of factors to consider and the situation will change in the near future, in my opinion. When the news hits the market, we already see their influence on it, it's not like they will continue to influence it for half a year or two or that we can use them to our own benefit (only those who know the news first - can, and we probably won't be those people).

[Sayeds56]

You will incur a loss if you sell Ethereum now. Currently the global market and cryptocurrency market are in red but that doesn't mean it will stay in read. A few months back Ethereum was above the $3K mark and if you continue to hold on you will recover your loss. I would not suggest you to sell your Ethereum now.

You are correct it is not prudent decision to sell Ethereum or any other such precious coin in the current market. This market has just begun to recover  after a major crash and hopefully it will continue recovering in the coming days and weeks. The negative news of interest rates increase in Japan has already been absorbed but market might take few week to reach to the previous level. I am very bullish on Ethereum, specially since its its ETF has been approved in USA, its positive impact on Ethereum's price is yet to be seen. DYOR

[Aanuoluwatofunmi]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?

Ethereum will definitely increases, but before then you may have to exercise more patience while holding for the market to pump more higher than before, ethereum was not the only affected coin this time if you consider the y the entire crypto markets plummets as at yesterday before things began to show positive indications for rising up back again earlier today, if you can hold on more, you will realized to the extent of getting your investment back and the profit on it.

[SatoPrincess]

You bought Ethereum at the top but don’t panic because the market will recover and may even pass the 3k resistance. Ethereum is a good coin to hold for long term. After Bitcoin, Ethereum is the next big coin in the crypto market. Looking at the tech side of Ethereum (it’s influence in smart contracts, Defi e.t.c.) the future of the Ethereum looks very promising. The price may be down now but I encourage you to hodl your coins and even buy the dip at a good price. As always, do your own research.

[KillerEyez]

Historically, Ethereum has shown resilience and potential for recovery over the long term.

[peter0425]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500.

If you sell it now you did nothing but lose some money. I would not personally advise for you to do that.

Is the price of Ethereum likely to increase?

Even bitcoin is going down so ethereum's price is a little related to the performance of bitcoin. Once bitcoin goes up again, and it will, I am sure that ethereum will follow soon after. It has etf now so there are more people that can invest in it and hike the price up. Just have a little faith and patience.

[pakhitheboss]

OP, it looks likes Ethereum is the reason today why the cryptocurrency market is now in green. Institutional investors used the declining price as an opportunity and bought as much as they can. There was an inflow of $48M though Ethereum ETF which is a good sign. Keep on holding as I wrote earlier here and you will get a good profit from your investment.

[Mayor of ogba]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?

This is the first time you have seen this type of dip in the crypto market. It is normal to feel this way right now because you are a newbie, but don't be afraid; this is the volatile part of crypto you heard about. Yes, the Ethereum price will likely increase after the heavy dump in the crypto market yesterday. This is not the first time Ethereum has experienced something like this, and it keeps rising back. Don't be tempted to sell your Ethereum at a loss. Ethereum will start rising if the bitcoin price recovers quickly, because coins and tokens depend on bitcoin's performance to increase.

[passwordnow]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500.

Does it makes sense for you to sell at losses and that's why you're asking and you're in panic? Why didn't you sold when it was $3400 a month ago? I hold few Ethereum and I'm already in profit and that's why I am not in panic and bought it earlier than you but, there was also a point of time when I've held it under its bought price but I have decided to go long with it and that's why even the price plummeted and it was below the bought price of mine, I didn't panic. Clear your mind and set your goals of being long term, don't panic.

Is the price of Ethereum likely to increase?

This is not a financial advice but yes. 
Don't forget about ETH spot ETF.

[Mustang Shelby]

You will incur a loss if you sell Ethereum now. Currently the global market and cryptocurrency market are in red but that doesn't mean it will stay in read. A few months back Ethereum was above the $3K mark and if you continue to hold on you will recover your loss. I would not suggest you to sell your Ethereum now.

I don't think it's time to sell Ethereum. Ethereum is one of the most important long-term projects. It's one of the most solid stones in the crypto world. It's the only coin other than Bitcoin that I think of as an investment in the future that I expect to stand strong along with Bitcoin. That's why I don't recommend selling during these declines unless you urgently need money.

[albon]

Did only Ethereum drop, or did the entire market bleed when Bitcoin fell below $50,000? Many factors contributed to this decline. It's worth noting that if you sell at a loss now, whales and companies will buy what you sold. Also, even though you bought ETH at a high price, you're not the only one who has experienced this short-term loss. Ethereum is one of the strongest currencies in the market, and it’s not a project where you should fear losing your money. These are natural fluctuations influenced by Bitcoin's price. However, if you are a long-term investor, there’s no need to worry or panic, as the fate of these established currencies in the market is to recover and rise, even if it takes time. As for me, I have bought the dip and increased my ETH holdings.

[justdimin]

I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?

I feel like it's a smart move to hold it at this moment, everything is down at the moment which means that if we could just hold some more then we would be doing fine. I feel like we are going to go past the 3000 mark very soon, it should not be all that time consuming to recover. We are already doing fine, the bottom happened and it shot right back up again, so we should not really consider this as a bad deal, it's actually a fine deal if you ask me.

I think we are going to end up with a good result one way or another, and because of that I think that we are going to face something much better with time. I know that it is not that easy to handle all of this, but it is also not that complicated neither, we are going to probably do fine, we just need some time. So hold it for now.

[GIF-JOBS]

Right now you should hold on to ETH, because the current market is down right now, selling right now will definitely hurt you. So hold on for some more time, because the market will rebound very soon. Then if you sell after ETH goes to 3.50K, you will profit. So don't sell at a loss right now and wait for some time. Then you can earn more.

[kentrolla]

It would be biggest mistake of you end up selling Ethereum now, rather hodl on to it as historic data is proof that Ethereum and Bitcoin have always bounced back from the dip and same thing is gonna happen with Ethereum. If you look at the Ethereum chart this is not the first time it has dropped below $3000 as it has happened numerous times this year and everything it has buckled up.

$3000 is a good entry price hence have patience make the most out of it atleast sell it for 10% profit which is very easily achievable and has been achieved in the past as well.