Recently, Ethereum's price has performed strongly, attracting market attention. Although some investors hold a critical attitude towards Ethereum, in reality, spot holders have gained considerable profits from this rise. Many early buyers who persisted in holding have successfully breakeven, while investors who bought the dip at low prices have reaped substantial rewards.



An investor shared their success story, stating that they bought Ethereum at around $2109 when they decided to buy the dip, and have now achieved a doubled return. This investor indicated that they have already recouped their costs and are still in a profitable position.

This phenomenon reflects that in the cryptocurrency market, a long-term holding strategy may yield unexpected returns. Despite the market's volatility, for those investors who are patient and confident, Ethereum remains a potential investment target.

It is worth noting that while the Spot market is performing well, contract trading still carries high risks. Investors should fully recognize the risks involved in cryptocurrency investment and make wise investment decisions based on their own risk tolerance.

As the price of Ethereum continues to rise, market expectations for its future performance are also heating up. However, investors must remain vigilant and closely follow market trends and potential risk factors.
ETH-3.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SerumDegenvip
· 08-15 06:50
still waiting for that sweet sweet liquidation cascade... pattern looks sus af tbh
Reply0
DefiEngineerJackvip
· 08-15 06:47
*sigh* spot traders discovering basic hodl alpha... welcome to 2017 ser
Reply0
MevTearsvip
· 08-15 06:45
I always knew it would wait for it, I just never expected this rise to be so fierce this time.
View OriginalReply0
AirdropHunterZhangvip
· 08-15 06:28
2109 buy the dip? Hehe, I started at 1500 quietly flipping pancakes.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)