Home Altcoins News Ethereum (ETH) Profits Only God, or a Liar can Assure Price Trends from $3500 to $10,000

Ethereum (ETH) Profits Only God, or a Liar can Assure Price Trends from $3500 to $10,000

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For those who are new to investment in the cryptocurrency space, it is the process of investing your money into crypto to make it work for you when you are busy with other activities of life.  With appropriate risk management strategies, you might be able to make more money than you actually invested.

The entire investment process is done with the hope of growing your money with time.  Investors usually set aside some money in hopes of growing it by vesting it with some investment vehicle.  For instance, investors convert their fiat into cryptocurrency tokens like Ethereum, BTC, and other Altcoins and keep watching the markets to see their investment grow. When they are happy about the returns, they cash out.

When it comes to investment in cryptocurrency, there are long-term holders and short-term holders.  The long-term holders are those who buy crypto like BTC and ETH and forget they own it and they are not anxious when the token goes through the highs and lows in the marketplace. 

Short-term holders are those who are trying to make money in the short-term by taking advantage of the volatility in the market place.

They buy at a particular price, and during volatility, when the price is more than what they bought for, they cash out, and they wait for the price to come down over again. They keep actively watching market trends.

In this process, for short-term holders, there is something called the greed element that can be a great disturbance.  For instance, some people bought ETH when it was at $250, and now the price is trending in the $3500 range. Someone who is not greedy / someone with a very low-risk appetite will want to sell the crypto or at least 50% of their investment to enjoy the profits.  Now what is left is like free holding for them. 

There is a hype that ETH might go as high as $10,000.  The price can touch that price range or it might not. Those who are profit conscious might choose to sell a part of their holdings to take back their primary investment + the profit and eventually leave some value in the market to see if the price touches $10,000.

Now, if the price touches $10,000, they are still going to profit from it.  However, if the price goes down, they can still be happy that they could enjoy a part of their trade. However, after selling, if the price shoots to $10,000 – there can be regrets that they could have gone along with their entire holding.  The “road not taken feeling” will always be there. How much ETH or crypto to sell and how much to hold is all about risk management, and this takes tweaking the greed factor.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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