Quote from: voyager23 on Today at 08:47:44 AM

Quote from: passwordnow on Today at 08:38:12 AM

Quote from: voyager23 on Today at 07:03:27 AM

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.

Yes exacrly, can you imagine the forums in 2015, people saying no way am I buying at £1000! It's never going to rise (BTC).

I have been researching psychology of investing, and obvs WARREN BUFFET comes UP strong, and his simple idea of BET AND FORGET as the best strategy (providing you are not tempted to trade daily or monthly).

I think this will be 2 strategies I will use. I might HODL some ETHS and also try trading with some.

But you can imagine the forums in 2015, people having the same discussion we are having now.

I can imagine that because every time that there's a surge in the prices, people will say that it's always expensive as f. I have never heard of that strategy of Warren Buffett but I'm applying that principle before and every amount of money that I invest it should be forgotten and it's an amount that I can afford to lose. That was effective although I still have regrets when I've sold earlier yet those times I already got some profits on it. And you know what? in the next years, when bitcoin is $100k, they'll say it's expensive which is really and the same for Ethereum if it hits $5k-$10k. It's a cycle for every price met of these two coins, it won't be stopped being called expensive unless they ride the boat and bought now and wait for those times and prices to come.