Should I hold Ethereum or sell it?

[betswift]

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.

Golden words! HODL and stay strong OP! Prizes are waiting only for those resilient enough.

[DeathAngel]

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?

Stop right there, breathe, stop checking the price so often. Go outside & do things you enjoy. Ethereum will absolutely go up, it will soar in price over the next 18 months. Stop being so short term with your thinking though, what we witnessed in the last 36 hrs was merely a bull run correction. We’ve already retraced some of the dump. The price today doesn’t matter, do not sell, we will be at a lot higher price this time next year.

[Sayeds56]

Golden words! HODL and stay strong OP! Prizes are waiting only for those resilient enough.

Indeed, good things come in the life of people who wait and demonstrate resilience. Ethereum is not any ordinary alt coin, it is well established and recognized digital currency, won confidence of investor's with its exceptional utility. With $47Billion total value locked on its protocols indicates its strength and trust of inventors. I am confident it will show its real colour in the next anticipated bullish market, therefore it would be wise to hold it your Ethereum coins and wait for the bull cycle.

[Akbarkoe]

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?

You have a loss of $500 / coin that you have right now, of course it hurts if you have a lot of Ethereum in your wallet.
I also have Ethereum and the amount is not much either when I bought ethereum at $2900, of course it has a loss too, but I am quite confident that later this year or next year it will increase to more than $3000 and may form a new ATH even though it is difficult for Altcoins like Ethereum.

In my opinion, if your Ethereum is idle, it is better for you to be active in the ecosystem to get rewards, especially projects that are being built that will give you compensation or airdrops if your ethereum is used to be active in projects that are being developed, but pay attention to the projects that are being built so that you don't lose your ethereum. DYOR

[betswift]

Golden words! HODL and stay strong OP! Prizes are waiting only for those resilient enough.

Indeed, good things come in the life of people who wait and demonstrate resilience. Ethereum is not any ordinary alt coin, it is well established and recognized digital currency, won confidence of investor's with its exceptional utility. With $47Billion total value locked on its protocols indicates its strength and trust of inventors. I am confident it will show its real colour in the next anticipated bullish market, therefore it would be wise to hold it and wait for the bull cycle.

It's only a matter of time before we bounce back (in both BTC and Ethereum, in my opinion), we should believe the plan we've got (everybody has his own, I at least believe we do ) and stick to it. That way, great results await.

[Bd officer]

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?

OP, it's good that you invested in Ethereum. Investing in altcoins is risky, some altcoins in the market don't rise easily when the price goes down, but the price of Ethereum will definitely go up a lot in the future. Ethereum, the most popular and trusted coin among altcoins, is expected to profit well in the upcoming Bitcoin bull run.When the price of Bitcoin rises, the prices of Ethereum and various altcoins start to rise. We may see a bull run soon and the price of ethereum may go up a lot in a bull run. So I would advise you that it would be better for you to hold Ethereum because it is not that the price of Ethereum will not increase in the future, it will definitely increase. So you hold Ethereum, buy more Ethereum if you can afford it.

[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?

OP, it's good that you invested in Ethereum. Investing in altcoins is risky, some altcoins in the market don't rise easily when the price goes down, but the price of Ethereum will definitely go up a lot in the future. Ethereum, the most popular and trusted coin among altcoins, is expected to profit well in the upcoming Bitcoin bull run.When the price of Bitcoin rises, the prices of Ethereum and various altcoins start to rise. We may see a bull run soon and the price of ethereum may go up a lot in a bull run. So I would advise you that it would be better for you to hold Ethereum because it is not that the price of Ethereum will not increase in the future, it will definitely increase. So you hold Ethereum, buy more Ethereum if you can afford it.

Lock and load that ETH before we can, that's my opinion too. With money, you are okay to lock, of course. No hard feelings and decisions that would be made because of emotions or your portfolio going a bit red for some time.

[mich]

Well we are now seeing price of Ethereum that is going back up. I do not think this is a good time for us to be selling off our coins for so cheap.
It is showing some signs of 'bullish' reversal after a bad day. There is maybe rate cuts in the US that will help the price rebound some more.
https://cointelegraph.com/news/ethereum-rebound-positions-eth-price-100-rally

[betswift]

Well we are now seeing price of Ethereum that is going back up. I do not think this is a good time for us to be selling off our coins for so cheap.
It is showing some signs of 'bullish' reversal after a bad day. There is maybe rate cuts in the US that will help the price rebound some more.
https://cointelegraph.com/news/ethereum-rebound-positions-eth-price-100-rally

I agree! We shall see ETH climbing up in the near future. No panic, don't worry, be happy, and see your portfolio turning green after the red tide

[Fiatless]

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?

Besides Bitcoin, Ethereum is another reliable coin that can be kept for a long time. Selling now will be a waste since you have already lost almost $500. The market is already turning green, so be patient until you recover your capital or make some profit.

Well we are now seeing price of Ethereum that is going back up. I do not think this is a good time for us to be selling off our coins for so cheap.
It is showing some signs of 'bullish' reversal after a bad day. There is maybe rate cuts in the US that will help the price rebound some more.
https://cointelegraph.com/news/ethereum-rebound-positions-eth-price-100-rally

There are speculations that the US might cut interest rates next month. The drop in employment statistics will force the Feds to reduce it, but nobody knows how low the cut will be. Next month might see a massive increase in the price of some coins; these are just my speculations.

[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?

Besides Bitcoin, Ethereum is another reliable coin that can be kept for a long time. Selling now will be a waste since you have already lost almost $500. The market is already turning green, so be patient until you recover your capital or make some profit.

Well we are now seeing price of Ethereum that is going back up. I do not think this is a good time for us to be selling off our coins for so cheap.
It is showing some signs of 'bullish' reversal after a bad day. There is maybe rate cuts in the US that will help the price rebound some more.
https://cointelegraph.com/news/ethereum-rebound-positions-eth-price-100-rally

There are speculations that the US might cut interest rates next month. The drop in employment statistics will force the Feds to reduce it, but nobody knows how low the cut will be. Next month might see a massive increase in the price of some coins; these are just my speculations.

I didn't hear about them, need to invest some time to see them as well, but it's a real deal if that happens, the only question is how much the market will feel and react to that decision.

[SchUl]

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 think it definitely makes sense to hold on to it and, if possible, even buy more ETH on the drawdown. Yes, it's not the best phase of the market right now, but a lot of factors have influenced it, and yet I'm sure that the price will be higher in the future, I expect $4k in the future.

[EarnOnVictor]

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?

Judging by the day you made this post, I advise you to hold your Ethereum, if at all you would sell it, you should let it at least rise back to around its ATH of this year. Selling a market when it has depreciated so much as Ethereum did already is not a smart decision and I am sure that in a few weeks or within the next 2 months, Ethereum may have been back to its 2024 peak or even move past the level. In the worst case, it would have hit a price that is very close to it. This is more money for you as an investment in Ethereum is somewhat secure, unlike many other useless altcoins.

[Dr.Bitcoin_Strange]

Yes, the price of Ethereum is going to spike when the bull market starts. If you sell now, you might still blame yourself by the time you see the price spike to $4.5k. Investment in cryptocurrency requires patience and the right strategy. If you had only invested part of your capital initially at $3000 price, you would have had the opportunity to buy more now that the price is below $3k.

[Kelward]

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 is a top altcoin and that means that if it's price dips that it has the potentials to pump again and reach a new ATH. I can only worry about offloading my bag if I'm holding a coin/token that has not gained reputation in the crypto market, we have a lot of shitcoins in the crypto space but I wouldn't count Ethereum among them. Instead of selling your Ethereum, I'll rather advice you to accumulate more if you have the fund because I'm uptimistic that it'll bull in the alt season. Cryptocurrencies are volatile and we shouldn't worry when any reputable cryptocurrency like Bitcoin and Ethereum is in price dip

[Marvell1]

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?

ETH is considered the second safest after bitcoin in this market, and even if you have no faith in ETH, I think there will be no better choice for you unless you intend to sell ETH to buy bitcoin. If you decide to sell ETH just to buy other altcoins, it will be a worse decision.

ETH is also a potential investment no less than bitcoin. Although it cannot be compared to bitcoin, it is clearly more worth investing in than any other altcoin. Currently, we only have bitcoin ETF and ETH ETF, just look at them and you will see that choosing to invest in ETH is not a bad choice besides BTC.

[naira]

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?

You are brave enough to buy Eth at a fairly high price, it must be a halving moment purchase. Unfortunately selling now is not the right choice, a loss of almost ±25% is too risky. It is better to hold your Eth, don't store it on the exchange. At least withdraw it to a personal wallet to avoid panicking seeing the recent decline. In my opinion, apart from your losses, it can still be said that having Eth is better than other altcoins that cannot return to their highest prices during the bull run. Eth always follows bitcoin in its movements. We have seen that in every phase, there is still a bull run to come, maybe in early 2025, because usually 1 year after the halving, you can sell the Eth you own again.

[Z_MBFM]

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?

Not only ETH but all other coins including Bitcoin have suddenly dropped in price. But it will recover again so don't sell at a loss if your financial backup is to meet daily expenses.  It has temporarily dumped a bit so don't panic after seeing them just hold patiently as the price of ETH is now much lower than your purchase price. ETH price has a huge possibility to hit $10k in future so you should hold patiently. patience is they key of success. so you should keep in your mind that hold is gold specially for Bitcoin and Ethereum

[2Pizza410000BTC]

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?

Yes, currently the price of Ethereum is relatively low. I'm in the same situation as you but I bought a whole Ethereum in 2023 from around $2300. Since my Ethereum purchase, the market has continued to rise, reaching above $4,000 at one point. I left the price of ethereum to go higher but unfortunately it is slowly moving down from that position. Ethereum currently stands at $2,300, but I'm not worried because I think the price will definitely go up. I believe Ethereum will recover its value by 2024 If you bought your Ethereum at $3000 don't sell it now at a loss you must hold your Ethereum until you get a profit from your investment.

[CK485]

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?

which is certain that it will likely go up again by not selling it that's what you need for now by holding it, making the decline in ethereum which resulted in liquidation in the market raise concerns about it, although it will be volatile but the situation will subside, with the potential for price recovery driven by positive factors and upcoming technical improvements, which are expected to start its upward trend again, by achieving market adoption at this time, it will be able to increase market confidence and investor interest, so there will be another increase that's what you need to wait for now.