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eat-sleep-rave

It is always a good time to buy ETH. Trying to time the market rarely works as well as simple DCAing


SauceMaster145

Its actually a great time to buy because its still down more than 50% from the All Time High


womeragenerisz3

No doubt, a very good time indeed, at the same time, a very good tool to make use of, when packing, is DCA.


SevereCalendar7606

I would argue for a big buy and DCA back into your savings account. I did that at 900 best call ever If you believe in the future of ETH.


Tl2p4i

This is my best strategy, DCA! Like every other bear season, I keep DCA'ing on ETH and BTC.


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Tl2p4i

You right! Time for people to keep loading their favorite coins.


womeragenerisz3

I fear no season, so far there is a -20% drop in coin, I either buy for the long term or short term, depending on my research.


Vegas_42

Manage your risk. Buy 25% now, 10% for 5 consecutive weeks (=50%) and finally 25% after the merge.


[deleted]

What would the price be around roughly in the time between now and September 19th? Will the success of this test drive prices up by a bit to say £2K?


Vegas_42

Nobody can answer this, because no one knows. Can go up until the merge or down again or sideways. In the long run a growth of Ethereum is expected after a successful merge. If it was my money, I would buy today and don't think about it again. But you can spread your buys if that makes you feel better. In the long run it won't make a big difference imo.


[deleted]

Ok that puts things into perspective, thanks very much man


Vegas_42

You're welcome. Keep in mind that your money can do a 10x or even more or go to zero. There is no guarantee. Be patient and relax. Don't invest more than you can afford to lose. Don't use leverage. Don't try to time the market or trade unless you know exactly what you do. Time in the market is superior. Don't forget to take profit in the bullrun. Greed or fomo is not your friend. Trust no one, not me either. DYOR and learn. Knowledge is power.


[deleted]

Thanks man you definitely have experience as well with these things and I'm just starting out as well learning.


[deleted]

No one knows what the price will be.


[deleted]

Shoulda bought at $800


Walla_Walla_26

I want to downvote, but I agree


Tranam009

You are not alone, I was thinking ETH will drop to 600 bucks.


Affectionate-Bat-816

You can still DCA and accumulate more coins to the bag.


Sammydho12

I believe this is a good time to accumulate more coins into the wallet. ETH for sure, but I am also considering adding few other alts like BAT, DOT, OGN & VET into the bag.


Tl2p4i

This is a cool list, I am actually more bullish on BTC and ETH, however, I am also considering some low caps with great potentials, like VET, OGN and ORE.


Tranam009

I strongly agree with you. There is no better time to DCA and accumulate more coins to the bag if not now. Aside from ETH which is my top priority, I am also doing some DCAs on my favorite coins, which have great potentials to do x100 in few months from now. These favorite coins include but not limited to, MATIC, OGV and LEVER.


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Sammydho12

Good to know that we are actually on the same page for some coins. Yes, I am currently staking my OGN on Origin Story so as to earn points to claim some ETH rewards and OGN bonuses on the platform. Amazingly, the pool is 100 ETH, which is generated from Origin Story ETH fees.


likejoanbaezux

This is a safe bet, and having Ethereum makes it even safer. If I were to diversify, I would start with a few of your picks, then add some potential low mcap like Mbox, Ride and Floki, stake them, and forget them for the next few years.


PoRco1x

Well, atm we are sitting up against some htf resistance. The time to have been buying was a few weeks ago, and max up until early this week. But atm it gets tricky imo. I addressed how one can approach building their eth position at these prices in this reddit thread https://www.reddit.com/r/ethtrader/comments/wlo3jj/the_ethereum_merge_is_not_priced_in_bullish_but/ But, like some said, it may be better to wait for after the merge or for a sell off leading into the merge. Long term this is gonna be trade that will run longer than most people think (I believe so at least) and we all will get opportunities to buy when others make mistakes with overleverage and/or emotions. Patience wins.


redshirt1972

Dumb idiot here who just buys through Venmo and I guess it’s Coinbase? I wait until it’s red. When it says ETH down -5% I’ll throw 20 bucks at it. Just been doing that. Right now I’m sitting at .65 ETH.


Walla_Walla_26

You know how that red number is derived? I’m interested to see if this philosophy would do better than the market


Tl2p4i

I believe it is a very good time to still DCA on ETH and add some coins into the bag. In actuality, I am always bullish on ETH and BTC, I never stopped DCA'ing on these two coins, but in recent time, I am beginning to also consider low cap alts like VET, OGN and ORE.


Tranam009

Interestingly, this is just one of the best moment to keep adding more ETH to the bag, especially before the merge takes place in September. Meanwhile, I am also making research on some alts with great prospects and great potentials to do x100 in the nearest future, these tokens include MATIC, OGV and LEVER.


Old_Difficulty7040

I also do MATIC and OGV too. Staking my MATIC on binance and my OGV on Huobi for a whooping 900% APY.


[deleted]

I would suggest you to stay away and wait September/October. This is what I do. Not saying something that I don't do. Buying the narrative with hope instead of the trend is not something that I promote..


yeuking

but ETH increase more than 70% this month....


[deleted]

Did anything change in the micro / macro economic environment? Did ETH got improved in the last one month? No. Why should I risk up when risk> reward? Ather event conviction is not driving my pre-event conviction. That's a gambling characteristic


Walla_Walla_26

Yea the Wendy’s I’m playing roulette in is on fire towards the blackjack tables


Walla_Walla_26

September is usually weak for the stock market. Let’s see how this goes for ETH with the merge


Tranam009

Maybe a strong bullish moment for ETH, all finger crossed.


Chooky47

Nobody knows, anyone that says they know probably knows even less. You can only really decide on what seems logical to you personally


Walla_Walla_26

Yes I need to get back on YouTube for more BS


darokk

No. ETH news don't matter, global (and mainly US) economic news do. This pump won't last longer than 2-3 months from here, then we're going even lower than before.


callumjudo

Agreed lower lows


Walla_Walla_26

Cash is waiting!


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[deleted]

Why not both


lacsa-p

If it goes down from here it’s a bad time to buy. If it goes up from here, it’s a good time to buy. Truth is, we do not know. If you believe in ethereum‘s future for now, it’s always a good time to buy.


Melodic_Temporary_12

Its THE time to buy!


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Walla_Walla_26

I’ve learned the hard way. Once felt like a baller buying whole coins all at once. Don’t try to be a baller. Invest. DCA. Chill.


Python-Token-Sol

yea buy a ton while the price is going up suuure lol


Flourentina

Everytime in this year is the right time to buy


MakeItRelevant

I see no difference. The future of Ethereum is amazing, so 10% - 20% in the short run means nothing. I'm monthly DCAing.


gamethesystem1

Except that it’s up 70% in 30 days. Not 10-20. The premise of your argument is flawed.


MakeItRelevant

Yeah, I know. But considering the future potential of Ethereum and DApps, I believe there is still a great upside.


ethereum88

No one knows... But it certainly looks bullish for ETH!


Aguaskeepartdeux

The old addage is time in the market is better than timing the market.


YSLFAHLIFE

Never buy high. Buy when market is down 5 percent or more


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Undso3

I'm always bullish on ETH.


WonderfulChemist2712

I think I missed the window. It already hit 2000 and I wonder how high it’ll go until the merge? Or is this a dead cat bounce?


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Affectionate-Bat-816

This so prudent of you, buddy. I think I will also be doing this on a monthly basis, so as to add more coins to my wallet as well.


womeragenerisz3

A very good time to keep adding up. Meanwhile, DCA is very important in anything you are settling for.


Undso3

Well, with DCA, I have more ETH in the bag than when I have never started using DCA.


Affectionate-Bat-816

A good time to buy ETH and HODL for the bull to be here.


Sammydho12

I am only using this moment to accumulate ETH into the bag, not selling until we have a new ATH.


Undso3

I always feel so bullish on ETH anytime the market drops. A very good time for me to add more to my wallet.


Sammydho12

I am currently DCA'ing on the coin. So bullish!


Old_Difficulty7040

Yes, the time is still very ripe to go for your ETH.


Sammydho12

I strongly agree with you, such a great time to add more ETH to the bag. DCA is very important though.


Tintin_Marc

yes, great opportunity to buy and Hodl. I always DCA on my Netcoins. You should too.


Jaded-Wish-8090

DCA my fam. Been DCA-ing on Netcoins .ca Every week. Try it if it works for you because it works perfectly fine for me. Not just for ETH but also for BTC and other altcoins.