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June 05, 2026, 07:41:49 AM *
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Author Topic: Is ETH Dead? or is it an good time to buy it?  (Read 316 times)
free-bit.co.in
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Today at 05:49:31 AM
 #41

Since price is already going down very deep, might be worth to buy. Bitmine new stock that plan to fundraise $300m to buy Ethereum at current price could be a bullish signal for you, if you ever plan to accumulate.

Bitmine started accumulating ETH in mid 2025 and has kept buying ever since. But you know what, their ETH position is currently sitting on an unrealized loss of around $9B, with an average entry price of about $3,500.

I would not dare say this is a bad investment strategy because I'm not an expert. But in my opinion, it is a bad idea to use them as a basis for evaluating Eth's potential or as a signal to buy in. Because they are facing significant losses on their investment.

There is no guarantee that ETH will not drop to $1,100 or $1,200 Grin Grin

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Today at 07:02:46 AM
 #42

Its seriously is always a good time to buy ETH. Just follow a DCA (Dollar-Cost-Averaging) strategy: place your buy orders at intervals you are comfortable with and then just be patient. Once your target price is reached, move your ETH off the exchanges and onto your hardware wallet, then stake it from there, your key/your coins. By doing so, you become part of somETHing much much bigger. You are helping to secure the network and the blockchain while earning rewards at the same time. Boom. ETHs time to truly shine as a monetary asset will come in the future... Until then, stay patient and let the process play out.  Cool

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