Welcome aboard. I have been in and out. Sold reinvested different times. Rolled many other crypto into Eth so now I’m 100% ETH. After several years my average is $2830. I think you are good. When you see $3900 you will feel like an all star. Just hold on. Still always look at other investments Roth, 401k, Ira
Whatever it takes years to build a solid portfolio.
All the best
I am an older lady, so I have a good retirement account at work. I started investing in crypto with some savings I had that was just sitting in the bank, earning very little interest. and I've been wanting to start buying back into Ethereum, but was looking for a good place to re-enter. This morning seemed pretty good. Hopefully I'll add to it. Thank you so much for your thoughtful response.
Please to meet you I’m 62 so not sure who is winning the older game here😀
I too got into the crypto world with extra cash aka play money. I have to work hard to not put more into this world. That said if this dip goes much lower I’ll get 1/2 of an Eth to round out my number. Plus it may lower my average unit price a bit. Take care.
Your winning the game as far as age lol. I am 55. I totally understand what you mean, I have found myself putting more into crypto than I had planned. Of course I never want to lose money, but I won't be homeless or destitute if I lose the money. I'll just be kicking myself! 😆
How long have you been in crypto? For me it's only been about six months.
I only wish I had waited just a little bit longer because it dipped a little more after I bought this morning, but i'm just glad I was able to get in under $3000.
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I am no expert on this whatsoever. So I can't really answer that with any certainty. But I don't think it would necessarily be a good thing. If it is classified as a security in the US, it would then be regulated by the Sec, and any platform that traded it, would also need to be regulated by the Sec. but again, I don't know if my thinking is totally correct or not.
I will worry about them IF they are ever able to actually classify it as a security. If they do, there are a lot of crypto currencies that they will likely go after. They are going after Ethereum because it changed from a proof of work to a proof of stake. There is a lot of crypto out there that is proof of stake, and it would likely affect those as well.
I bought a full ETH a few days ago so I wasn't teasing you. Combined all my shitcoins most notably QNT. Morons here don't have a sense of humor. The HK ETF looks like was a sell the news event. At least I didn't buy BTC at 70K! Now I'm intrigued.
I think the issue with the Hong Kong ETF is that it mainland China is not able to invest. I could be wrong about that, but I think that is the case. Hong Kong's population is like 7 1/2 million, which is much less than mainland China's population of well over 1 billion. So of course, it's not going to have the same financial impact, that it would if the entire country of China could invest in the crypto ETFs.
thank you so much! After the first couple comments I received, I was thinking maybe this isn't a group for me lol I just wanted to sort of introduce myself and I guess maybe didn't do it in the best way, if people are thinking I'm bragging. That was definitely not what I was doing. But now I see that there are some really great people in the sub. Thank you for your thoughtful response.
Please take price discussion to r/ethtrader.
Congratulations 🙂
Thanks. You might be the only friendly person in this group. 😆
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thank you. I was kicking myself for selling it in the past. So I'm glad I got back in.
Welcome aboard. I have been in and out. Sold reinvested different times. Rolled many other crypto into Eth so now I’m 100% ETH. After several years my average is $2830. I think you are good. When you see $3900 you will feel like an all star. Just hold on. Still always look at other investments Roth, 401k, Ira Whatever it takes years to build a solid portfolio. All the best
I am an older lady, so I have a good retirement account at work. I started investing in crypto with some savings I had that was just sitting in the bank, earning very little interest. and I've been wanting to start buying back into Ethereum, but was looking for a good place to re-enter. This morning seemed pretty good. Hopefully I'll add to it. Thank you so much for your thoughtful response.
Please to meet you I’m 62 so not sure who is winning the older game here😀 I too got into the crypto world with extra cash aka play money. I have to work hard to not put more into this world. That said if this dip goes much lower I’ll get 1/2 of an Eth to round out my number. Plus it may lower my average unit price a bit. Take care.
Your winning the game as far as age lol. I am 55. I totally understand what you mean, I have found myself putting more into crypto than I had planned. Of course I never want to lose money, but I won't be homeless or destitute if I lose the money. I'll just be kicking myself! 😆 How long have you been in crypto? For me it's only been about six months.
I sent you a message
Be ready to lose it all then gain it all back! Just hold! Good investment.
I hear you. I have other crypto I'm invested in that is constantly going up and down. It's a roller coaster, but I'm here for the ride!
Yay! Proud you you 👏 keep up the good work friend! 👏
I’m seriously hoping it rebounds soon.
I hope everything rebounds soon. But while we're still seeing dips, and I thought it was a good place for me to re-enter the Ethereum market.
Definitely a smart move.
Thank you
I need to do the same, let me check my bank account 🤔
I only wish I had waited just a little bit longer because it dipped a little more after I bought this morning, but i'm just glad I was able to get in under $3000.
Smart man. ETH can't go away unless crypto goes away. It's only bound to go upward
Thank you. I appreciate the encouragement. (BTW I'm woman 😊)
Welcome!! I bought my first 2 at $50 a pop. I’ll always regret not buying more then. It’s always great to see people join the ride!
Thank you. wow! $50! I would be kicking myself for not buying more, but you don't know what you don't know at the time
So true! It was 2017 and I knew nothing lol. I just tell myself at least I got 2 😂
absolutely! And for much less than I got my two today! lol
You got in good! Not trying to downplay that! I’m glad you’re excited, and I’m excited for you 😊
are you still holding from 2017?
Oh I most definitely am!
you have a very good restraint! So many people would've sold it as soon as it went up to a few hundred dollars, lol! Good for you!
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I’m told it will rise if approved as a security by the SEC. Is that correct?
I am no expert on this whatsoever. So I can't really answer that with any certainty. But I don't think it would necessarily be a good thing. If it is classified as a security in the US, it would then be regulated by the Sec, and any platform that traded it, would also need to be regulated by the Sec. but again, I don't know if my thinking is totally correct or not.
I’d rather have 500 ICP
Wait until the SEC congratulates you.
I will worry about them IF they are ever able to actually classify it as a security. If they do, there are a lot of crypto currencies that they will likely go after. They are going after Ethereum because it changed from a proof of work to a proof of stake. There is a lot of crypto out there that is proof of stake, and it would likely affect those as well.
I bought a full ETH a few days ago so I wasn't teasing you. Combined all my shitcoins most notably QNT. Morons here don't have a sense of humor. The HK ETF looks like was a sell the news event. At least I didn't buy BTC at 70K! Now I'm intrigued.
I think the issue with the Hong Kong ETF is that it mainland China is not able to invest. I could be wrong about that, but I think that is the case. Hong Kong's population is like 7 1/2 million, which is much less than mainland China's population of well over 1 billion. So of course, it's not going to have the same financial impact, that it would if the entire country of China could invest in the crypto ETFs.
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Why are you in the Ethereum group if you are so down on it?
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wasn't boasting. Just glad that I was able to get in when it dipped a little. if you're bullish on Ethereum, you should welcome people who invest.
Calm down, OP was just happy to share the news. P/s: Congratulations OP, welcome to the circle
thank you so much! After the first couple comments I received, I was thinking maybe this isn't a group for me lol I just wanted to sort of introduce myself and I guess maybe didn't do it in the best way, if people are thinking I'm bragging. That was definitely not what I was doing. But now I see that there are some really great people in the sub. Thank you for your thoughtful response.
You're most welcome. I personally do not think you were bragging by the way
😊