Announcement

Collapse
No announcement yet.

Is investing in Ethereum worthy for the future?

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Is investing in Ethereum worthy for the future?

    I have been seeking out about top Digital Currencies and top of all is certain Bitcoin, but many suggest Ethereum as the worthy next in line especially with the low price it’s standing it. There is a lot common when you compare it to the Bitcoin, so do you consider it worth having especially with the price it’s currently standing is at $13.09, so is it really right to have a go at it?

    My personal view is yes, but do put your ideas down here….. Thanks.
    Last edited by Sergey Nagin; 09-29-2016, 01:36 PM.

  • #2
    To be fair, I won’t say any cryoptocurrency is really safe investment because there is definitely gambling part involved in it and that’s why if you put your money in it then you got to hold the breath. I do think Ethereum is perhaps the best bet after BTC, but still I am not convinced given there is a lot of up/down in the market and you never know when it just suddenly pulls the plug.

    Comment


    • #3
      Hard to tell because you can’t be certain about things, it’s bit wild guess you might make with hoping it hits bulls eye. I think that’s what many people connected to Bitcoin did as well and that’s really what some people connected to Ethereum are also doing, but these things often doesn’t work, so take the risk only if you can afford it or else stay away. I don’t take unnecessary risk because I don’t have budget for it at all.

      Comment


      • #4
        I think it’s worth a try because the value if very low and if we get it right then there can be a lot made, but we need to be extremely careful that we don’t overdo it. It’s fine for investment around 200-300 USD, but we shouldn’t be going beyond this or else we could get stuck badly especially with such new digital currency, so that’s why we need to be extremely careful with how we work out everything in order to gain.

        Comment


        • #5
          You might be tempted to say yes, but when you actually look at things, it’s one simple question that comes to the mind and that’s how are we going to see the price move up? I can’t see any potential reason. If talked solo about Bitcoin than you can see that it’s having immense level of popularity and people actually want it, therefore, it’s pretty common that we will see the growth but unfortunately it’s not what you could say about any other digital currency including Ethereum.

          Comment


          • #6
            No, I don’t find it looking all that bright at all. I believe Ethereum is good for just lower investment, but nothing serious can be gained even with higher investment, so that’s why we got to be very careful with how we work out the way for it. I will always be very careful with how I go about doing things which is only what will help me making profits, but if anyone takes it or invest in it unnecessarily then it’s not going to work all that well.

            Comment


            • #7
              To be fair, it’s a really tough argument whether to invest in Ethereums or not because the risk involved is pretty high, but Ether is one of the largest digital currency yet the peak it has went is just 21/22 USD which is quite low and in recent past, it’s been running around 10-15 USD range which again is quite disappointing, so it’s our own decision to make whether it gives us enough confidence or not, but got to be wise.

              Comment


              • #8
                When Bitcoin was new in the market, it wasn’t taken by too many people because no one actually gave it a chance to reach where it’s today. In fact, it’s very much honest thing that no one thought it would ever each even 100 let alone 1000, but it surprised and shocked each one of us.

                I won’t say Ethereum is that level because uniqueness is missing from this, but still you never know what future brings!

                Comment


                • #9
                  I believe it’s always good to divide up investment and Ethereum is high on potential Crypto Currency out there which is what makes this such a good investment, but we need to just keep the budget in control and don’t try to overdo anything and simply divide up some on top potential Crypto Currencies out there, so even if one doesn’t work out, it’s always the other we can look forward to.

                  Comment


                  • #10
                    Yes, I think it’s very good and if we time things correctly then there is a lot to be gained over it, but as I said we need to be pin point accurate as far timing goes and only then we could have rewards.

                    This is never easy because we often feel this is the right moment, but often it turns out to be opposite, so that’s where we need to be extremely wise and careful with how we work out everything.

                    Comment


                    • #11
                      I think BItcoin is really misleading people because no Crypto Currency is in same level as them, so we should not think that we can pack up with 100s of other Crypto Currency and will get same results with the price going over 500 or 1000, it’s not going to happen, at least not in next 5 years! I can’t predict the future, but I can use common sense and it’s something which tells you this.

                      Comment


                      • #12
                        There are several Digital Currencies that could be called good for future in terms of their popularity and stability, so it’s not Ethereum alone that you can call that.

                        We just need to divide our investment if we are making it on these, so that’s how we are going to find better results and will have safety coming our way, if we brought too many Ethereum and then it drops then there is a lot of trouble to be handled.

                        Comment


                        • #13
                          I have been tracking Ethereum from a long time now, and my personal view would be its worth investing. Although I also agree, diversification is very important. So, keep that in mind. You can read Ethereum analysis here if you want.

                          This week ETH price was seen struggling and it may continue to face sellers IMO
                          Ether price attempt to gain this past week failed, and it now back testing a crucial support area against the US dollar. Let’s see how ETH/USD may trade go..

                          Comment


                          • #14
                            Originally posted by aayush-admin View Post
                            I have been tracking Ethereum from a long time now, and my personal view would be its worth investing. Although I also agree, diversification is very important. So, keep that in mind. You can read Ethereum analysis here if you want.

                            This week ETH price was seen struggling and it may continue to face sellers IMO
                            Actually the point to be noted here is that Ethereum still remains within top 5 Crypto Currencies, so if you look in general then most people are likely to invest here when they first wish because BTC is too expensive for newbies, therefore, it’s obvious we move to next best. Ethereum without any doubt is a serious contender for that and that’s why it’s definitely a worthy place to be and if you locate the chart you provided, it’s obvious that it’s not all that exciting in terms of movement, but one thing you can clearly see is the stability which makes it so much better as compare to other Crypto Currencies.

                            Comment


                            • #15
                              Originally posted by Alan Muzwayine View Post

                              Actually the point to be noted here is that Ethereum still remains within top 5 Crypto Currencies, so if you look in general then most people are likely to invest here when they first wish because BTC is too expensive for newbies, therefore, it’s obvious we move to next best. Ethereum without any doubt is a serious contender for that and that’s why it’s definitely a worthy place to be and if you locate the chart you provided, it’s obvious that it’s not all that exciting in terms of movement, but one thing you can clearly see is the stability which makes it so much better as compare to other Crypto Currencies.
                              Hey Alan,

                              I agree with you in most points you made. BTC is currently expensive to invest. Ethereum provide an alternative. I am personally liking it, that's why following it. The analysis I shared was for this week In the medium term, ETH price is bound to rise.

                              Cheers,
                              Aayush

                              Comment

                              Working...
                              X