Quote from: jostorres on October 11, 2022, 11:39:01 AM

Quote from: Silberman on October 10, 2022, 01:42:13 AM

If I were you I will try to not be as optimistic as you are, and the reason is simple, right now the market is not really in a position to make that kind of movement regardless of the updates or improvements made in a coin, just look at ethereum, people thought that the merge will bring a lot of growth for ethereum and yet nothing happened, and then we saw a decrease in its price as people began to sell as they were disappointed by the lack of positive results.

Yes, it's better to invest calmly so that we won't be disappointed whatever the results will be or if ever the price didn't rise as expected but if it didn't then we can just assume that it was still part of the bear and maybe the real game will only begin once we entered the early bull run.

You know it's happening when most of the coins are breaking their resistance levels and not when a single coin is only increasing. This is the failure of those who invest and greatly expect in eth. They see that eth is increasing faster but they didn't look around if other coins are also doing the same. I just noticed that the op is only talking about short term. Well, short term expectations are fine.

ETH was something that people look at as the "indicator", which means that it would be going up whenever there is something else that goes up. Which is why there are so many people who wanted to go up with it and invested into just ETH.

You could definitely find other altcoins that would go up even more, but there are also a lot of coins that didn't go up, or went down, which means that the ones who invested into ETH didn't know what else to invest, and wasn't sure and they wanted to make sure that they invested into something they could trust, that’s it. It’s a lower return, but lower risk investment and it makes sense for people like me who are not sure about other coins.