Almost back to breakeven on ETH and not sure what to do next

If you prefer to sell it at breakeven why buy in the first place you basically suffered for months for $0 if ETH hits $2,200 and you sell at $2000 you will say it was a mistake. You can make your own financial decisions I think it would be unfair on me to comment but I feel ETH may have one more drop next month before we start moving upwards.

Upward move caused by what? Unemployment is high, inflation is high due to war in Iran, and you think people will buy crypto when they are barely surviving? Crazy delusional

as you and I speak the SP500 is at an all time high. The failed Iran war will not last much longer and when the Iran war was at its peak and oil concerns and a broader war was on the table was when Crypto was the highest it was this year. Again, I am not saying that war is good for crypto all I am saying is the 4 year theory is still intact.

Lolol SP500 is an all time high, but crypto has been bleeding for a year now? You have no idea what you’re talking about, or you have an agenda. Miss stefan silva xrp lol

There is no such thing as a 4-year theory, that’s bullshit speak purported by crypto influencers. Crypto has only been trading with meaningful liquidity for just over a decade, anyone telling you that a four year cycle holds after what amounts to hardly any historical trading data is speaking out of their ass.

U say there’s no such thing as a 4 year theory but it plays out time and time again lol

Time and time again, over the span of 10 years of meaningful data? lol.

Criticising a trend that has yet to be broken is stupid. You don’t need 100 years of data to confirm a recurring pattern, you only need a few complete cycles which crypto has had. With btc specifically, the cycle is tied to a 4 year halving event and the cycles have lined up around the halvings. Until proven otherwise, the 4 year cycle is the base case. Also crypto has been around for 17 years not 10, so you are clearly someone who doesn’t do their research.

i agree with you sweet driver the 4 year theory is the only one which hasnt been broken. 2025 was the best time for this theory to be invalidated there was no need for a drop but it still happend

Correlation doesn’t equal causation, the halving is one influence within a complex set of economic conditions. And I wrote ‘a decade of meaningful liquidity’ because we sure as shit ain’t classifying the BTC-e and MtGox years as that. It was a nascent trading industry with relatively low liquidity and market depth- the data from that period up until 2017 really doesn’t count for shit.

You just argue for the fun of arguing don’t you. Just admit you’re stupid and move on.

Lmao at ‘proven statistics’ over a ten-year data-set. It’s like a fucking first year math major coming in hot to a lecture with some inductive reasoning failure but not having the self-awareness to know that they’re wrong. Lack of observable and proven data always leads to a collective logical fallacy- exactly like the comments in this comment thread. ‘Again, ‘four year cycle my ass’. Lay off the YouTubers for your education.

You just said a whole lot of nothin. You fail to tell me reasons why it’s proven wrong. Stay in school lil bro.

Nice chatgpt

I have an eight-year old account and wrote in paragraphs long before ChatGPT existed mate. Syntax and grammar didn’t get invented by Sam fucking Altman. But seriously, I really hope that your accelerated hair-loss is working out for you, have you considered that it’s a four year cycle? Or maybe just go borrow one of those base-caps from one of the kids at the first year math class that I mentioned above? A ton of them wear them, especially the NYU kids. I’m sure one will let you borrow one if you ask nicely :) Hair-loss problems solved x

Wtf are you on about lol? Did u reply to the wrong thread?🤣🤣

Deleted that one? Cute. Better stick to rating random dudes muscle percentage and the male grooming content x


That’s exactly when they buy.

You call it crazy delusional and your theory is because unemployment is high, inflation due to war (when inflation was already getting bad pre-war) and you think people will buy crypto? So you’re saying people don’t have money based on these things? How come S&P, QQQ, DJI, a lot of the major indexes are at or near ATH lol. The people that have money to spend, still have money to spend. My savings rate is still 40%. The people that you are referring to (the ones hurting in today’s world) probably never invested to begin with. I know because 90% of the people I work with complain about inflation, etc. and they never invest for retirement or anything.

Upward move caused by what? Unemployment is high, inflation is high due to war in Iran, and you think people will buy crypto when they are barely surviving? Crazy delusional

Eth isn’t going anywhere. I have multiple Eth and my average is higher than yours without a care in the world. Chill out and wait. You’re 80% through the drama, don’t listen to social media. They are paid by you clicking on their videos that are purposely meant to attract people by saying ridiculous things, good or bad. Or just sell at $2k and buy back in at $5k in a year or 2.

Eth isn’t going anywhere.

\*Ethereum isn't going anywhere, the same way Linux hasn't gone anywhere. ETH the token is a completely different story. Pretty clear that Ethereum's success as a chain does not translate to long term price growth for ETH.

Where do you come up with this theory? The larger the ethereum network grows more validators will be needed. The 2-3% current apy will go up and attract more people to lock up their Eth when the apy goes up to 5% or 10%. The network continually fluctuates based on use.

Umm that's not how Ethereum staking works. Lol you are holding ETH and don't even understand the basics of staking? More validators = *lower APY*


Under current use correct.

The point being the network will grow larger as its use increases. When that occurs, the amount of validators that currently exist are going to need more validators. So what happens, the network will increase apy to attract more, the ratio of validators to transactions governs itself. When it needs to grow it grows. When there’s too many it shrinks by cutting apy. You’re telling me I don’t know wtf I’m talking about running a node, at the same time Eth s value has nothing to do with activity on chain!!!?? Okay buddy lmao.

You should learn more and talk less

You’re telling me I don’t know wtf I’m talking about running a node, at the same time Eth s value has nothing to do with activity on chain!!!??

Yes, that is exactly what I'm telling you. This is staking 101 and you don't understand it, which is insane to me if you claim to run a node as well. More staking = LOWER APY. This is why the APY is so low these days because there are many validators. When staking first came out, there were less validators and thus lower APY. It's that simple. This is literally how the network is designed. And yea, ETH's value has nothing to do with on chain activity because none of that on chain activity results in auto-buybacks or (significant) burns. This is literally why the price has performed so terribly over the past few years yet at the same time TVL and activity of the network has gone up. The fat app thesis has already played out, and the fat protocol thesis has not.

Once again maybe I didn’t say every detail because I’m assuming you know WTF I’m talking about. Correct currently apy is low because too much Eth is staked under current traffic on chain. When network traffic increases 3x which is where Eth is heading more validators are going to be needed. Once again we are talking theoretical here before you sit on your high horse and talk down to others without understanding what one is saying. When Eth traffic on chain triples where it sits currently, you’re telling me the current number of validators staying the same won’t increase apy?!!! The network is growing as the network is growing the apy changes based upon the amount of staked Eth locked in staking protocols.

Which once again absolutely affects price, the more Eth locked, the less selling pressure and more buying pressure.

Lol "when on traffic on chain triples". You don't know the future and you have no clue about what will happen to on chain traffic. Even IF on chain traffic triples or even does a 10x, there is no law, rule, or design in the Ethereum network that says you'll need more validators...and again, if you increase validator amount, you decrease staking APY. Idk why this is so hard for your little brain to understand lmao. The only way APY goes up is if LESS people stake their ETH. And there is far more to "price" than just "hurr durr more staked ETH makes price go up durr". Staking has gone UP year after year and yet price continues to decline. So obviously you're wrong there. And let's not forget that more staking= more overall supply because ETH supply is infinite. Dude just sell your coins you are in way over your head and it sounds like your bags are heavy AF. Or maybe get some meds for that ADD you have? Lol Have a nice day and thanks for playing!

As others commented, this is my how it works. If the network usage is growing, there's no need to have more validators. If the usage increases the fees will increase, which will increase the APY for the existing validators. This, in turn, may attract more validators. However, also keep in mind, as an investor you are looking for the highest APY for your money. The APY of Ethereum is pretty low compared to others assets, such as ETF.

I’m well aware. The same way btc miners have a lower level of difficulty to hit a block when there are less miners. More miners increases the difficulty. I’m well aware and if I’m not clearly explaining this forgive my ADD. But back to Eth price is absolutely affected by the amount of Eth locked in staking protocols. Once again when price is low the majority of Eth is staked. When price rises more Eth becomes unlocked to sell and apy rises. We’re following the 4 year cycle here like it’s always been since it’s been. When Eth becomes mainstream as it’s heading the 4 year cycle isnt going to matter this is the theoretical scenario I’m talking about that will affect Eth price.

More validators less apy. I’m well aware. We’re talking future here. 3x on chain traffic same amount of validators apy goes up. 3x as many validators are needed to continue current landscape. Or maybe they will just let us hit a block everyday and earn 10% apy. I won’t complain but it’s not happening. You can apologize, I’ll take your childish comments.

No fucking kidding dude. Yes more validators is less apy. You do understand there is a ratio of locked Eth to activity that sets the apy??!!! Correct. If the network grows 3 times what it is and all the validators continue to validate 3 times more what do you think happens to the apy?!!!

Obviously I’m not explaining myself clearly. Let me simplify. Current apy is around 2% because the majority of Eth is locked up in staking protocols. When price rises and a huge chunk of Eth gets unlocked from staking protocols so people can sell the apy goes higher! Correct?

Wrong. Theres actually too much ETH being staked now

The network will tell you when too much Eth is staked. When APY is low, yes too much Eth is staked compared to on chain traffic. When APY is up, not enough Eth is staked to validate on chain traffic. When APY goes up, what happens?!! Many Eth holders say I’m going to stake my Eth and earn 4-5% and if on chain traffic continues to increase and no one is staking what happens? APY continues to increase until the needs are met, which attracts investors to lock up their Eth. And Vitalik continues to talk about killing L2s and bringing more traffic to Eths main chain. Lower transaction fees and higher speeds transacting.

- Define "grow larger" when Ethereum didn't scale. Users and their revenue moved to GP L2s or competing L1s. Why things like around 90% of tokenized stock spot volume happen on Solana or perp OI happens on Hyperliquid. - APY moves up from revenue growth. Revenue growth comes from capturing more users. Most users now on competing L1s. Ethereum hasn't scaled. - Not sure why you think more validators are needed with more users or why that would equal more value. More validators only needed if more people stake ETH. Generally that just equals Coinbase or Lido spinning up more instances. Majority of holders can't actually "natively stake" or delegate their owned authority without relinquishing ownership over their asset. - If Ethereum doesn't scale for capital markets on L1: The next best narrative is private digital money or private "digital silver". Mandates from EF suggest they aren't trying to compete for Web3. ETH as money is the main focus with strong attention on encryption. Hence why so many have left. This wasn't their vision. Sooner everyone gets on same page the better. Ethereum isn't going anywhere, but for ETH to perform the community needs to come back together under one vision. Scale for users & capital markets or lean hard into the best private money. Latter easier for Ethereum.

2-3% apy vs 5% in savings account?

You can get 7% right now holding USDC on morpho. Do you want 5% of your dollars in a checking account or do you want 5% of your total ethereum? I’m not paid in dollars, I’m paid in ethereum. Ethereum will absolutely be worth more than your 5% earned interest. It also depends on what price you paid for your ethereum. If you run a node and paid $60k for your node and you’re earning 1 Eth a year which is worth more? Interest on 60k at 5%, is like $3k. 1 Eth a year earned running a node should sell for $4k without an issue. But what if Eth rips and hits $10k or even hangs out around last ATH at $5k you’re still up. If you’re a long term believer and holding no matter what I could just keep taking my 1 Eth a year put it to the side and wait for $20k. Tom Lee is changing the game, he hasn’t sold and continues to increase his holdings. A lot of the Eth to be bought is taken off the table. Eventually price will catch up if Eth does what it’s projected to do. I’m holding for 10 plus years and will continue to add until I’m able to retire off of running multiple nodes for income. Or I’ll just lose it all and life goes on. What I put jnto btc and Eth are long term savings but what I’m still able to lose if crypto dies. Solana and hyperliquid are shorter term plays that I also accumulate, along with a few other bs coins simply for trading such as Chainlink. But crypto isnt dying. The world is becoming more digital daily, and the ethereum chain is at the front of it all. Whether it’s next month, next year or 10 years. I will reevaluate as I need to.

Thanks for all of that. Good information. I’m staking eth now and I did read that a record % of eth is being staked.

Where are you staked at?

3700

No I mean on an exchange or DeFi? Lido is the way to go if you’re not running a node or a mini pool.

It's hopium at best, and misinformation at worst. Your money is safer in the market than in ethereum right now. "What ifs" don't make people rich, constant and steady growth do. And ETH has done nothing in 5 years, whereas your money could be doubled by now from SPY 2021-2026.

Linux is growing now tho

doesn't make sense

I’ll be checking back with you in a year or two. With the manipulation of the Administration, it’s not going anywhere trustworthy until they’re long gone.

This

I did the same thing bud. I’ll break even at 2100 and if it makes it there you best believe it’s going to 2500 to 3000!

Yeah cost value is still there for eth ; I’m not an investor anymore but eth should hit 3k again and it doesn’t look to be going towards 1500-1000 so why sell at break even unless you have something else you believe in as much that also has a good chance of seeing its all time high again

I have big time hopes in ETH as a BMNR holder at $14, and waged a big bet on it’s future. Scared money doesn’t make money!

1. This is an echo chamber. Of course people are going to tell you to buy and hold ETH. Many here have extremely heavy bags and have held much longer than you. 2. The crypto market has matured massively over the past few years. What actual investors care about these days is value capture/accrual- in other words, does the token accrue value through burns or buybacks? That is what you should be asking yourself. Coins don't grow in value simply because they have TVL or "DeFi".

I don’t think crypto investing is for you

Crypto has a particular wide range in terms upside and downside risk, if you can’t live with volatility over such a short trading period then it definitely isn’t for you. If you’re investing (not trading) then that’s a different thing, what the price does this week/month/year literally doesn’t matter, the only thing that matters is your price target over a multi-year timeframe (and potentially a stop-loss should you not wish to stomach it coming below a certain level).

I hear a lot of people saying now is the time to start buying with ETH still being so low against its one time high. It's up to you of course, but I would probably hold on to it for a while.

I’ve held for 5 years haven’t made a single £ , this is the worst investment of my life

Me too. Decided to sell half this year and swap half for bitcoin as I’m sick of the Eth journey

Double down

Index fund and you’d be much higher. Volatility isn’t worth it and I don’t trust crypto until this manipulative administration is gone.

It's really that simple.

Eth is a dreadful investment. If you want a good long term return, its strictly BTC. There really is no second best.

get out while you can. that’s what half of us is tryna to do

ETH was one of my least performing assets until I decided to sell it for BTC. In 2023 I bought equal amounts of BTC and ETH, whilst my BTC is still +100% today (even in this bear market), I was mostly underwater with my ETH. 3 Years of holding for no profit at all. I like ETH for what it is but it’s not a good store of value, unfortunately.

😂😂bro you are 2 months in

Sell it. If you can't handle this kind of drop, sell it.

Do not invest money you can’t afford to lose. Like, if all of it was gone would you be in trouble? Eth is a bigger more stable coin but the entire crypto environment has been sorta weak for a while now. A few too many pump-and-Trumps have taken a lot of confidence (and investor cash) out of the market.

These people are coping so hard. Dont stay in this weird shit just buy index funds

Holding something hoping it returns to break even is a lost opportunity if you have an alternate investment you would prefer. You don’t have any conviction on ETH so there isn’t any harm moving onto something else.

Just wait a few years and wait for it to get to 4k at least. It'll hit at least 4-5k again, possibly 8-13k

Ask yourself this question. What is the fastest horse? If you think ETH is the fastest horse then hold in and possibly add to your position.

90% or more of your investing should be in low cost index funds up to you how to split remaining 10% between crypto + gold + individual stocks any money put into crypto should be viewed as highly volatile and for long-term holding, IMO

Get out

Do yourself a favor, sell it and buy btc.

What is your investment thesis? Even if you just bought for it to go up…. Can you look at the chart and see that it goes up every 4 years and down only for one of them ? We are in the down only year.

I sold my ethereum back when it ripped to $4500 and it was the best decision I’ve made. Switched back to traditional equities and have been killing it swing trading stocks. The juice in crypto rn isn’t worth the squeeze I feel like. Who knows if this thing will ever go back to $4000. Maybe keep some as a hedge but I’m glad I changed my mind about holding forever. I’d be right back to where I was if I didn’t sell.

Hold and sell at $3723

This is the last place in the world you should be looking for advice.

Leave the casino, go have a drink, and go to bed son.

Fucking sell and never look back

This is where people get tripped up sometimes you cost averaged or got in at fair value your timing was actually right but your psychology sees that your negative is back to base line. This could be the signal ETH is ready to recover so if you sell you regret it, or were retesting key resistance and will go one more leg before a run up.

I also bought 2000$ of eth at 1964....and im holding untill it goes to 4000s....im not selling

Almost back to being 30 percent down

You haven't seen anything yet if that's all the volatility you've exerienced. That said, if the ride made you super uneasy, it might not be the right place to put your money

You answered your own question. Eth is not the investment for you .

ETH is a swing asset and ranges from around $1K- $5K and has done for many years. For those that bought around $4K or above it’s tough, as it never broke out of that range, but buying at $2k and selling at $4k has been a good strategy. Just needs patience and not to fall into greed mode (it’s going to $10k!) when it does get back to $4k. Is it worth it for a 2x? Probably not as it’s painful waiting years, managing greed and oftentimes only have days to make a sale before it swings down again.

Exactly what others have said… just hold it and forget it’s there. I promise you will regret selling it. I bought in for 10 when it was near $200. I’m not selling until it moons. If that takes 10-20 years, so be it. Haven’t you read all the horror stories of people selling their Bitcoin when it reached $100?? Soooo many missed out on being millionaires.

Lol this is not volatile. Eth is a long hold and only hits the 3500 to 4k at certain times. Go look at a historical chart and zoom out. That is what you can guage crypto by. Was 1200 in 2021 and dips constantly.

I sold a year ago. I still believe in ETH but I don't believe in the token as a investment asset anymore. I took that money and put it into AI stocks, in just a few months made more money than my entire 6 years of being in ETH

I would say, hold it if your time horizon is greater than 6 months. But as always it's all about time horizon and allocation eg share of portfolio.

If you’re checking the price everyday and thinking about selling bc you’re almost at break even, you should probably sell

hold buddy hold and earn passive on morpho, nexo or something else

the breakeven price isn't a signal. your thesis either still holds or it doesn't. eth has been grinding $1,912-$1,930 for days now. no clear catalyst, volume thin. if you bought because you believe in it longer term, the current price isn't the decision point. if you're in it hoping for a quick trade and don't have a target / stop, that's a different conversation. to answer your question directly: short-term trading eth without defined entries, targets, and stops is how most people lose money. it's not the asset, it's having no framework. if you don't have one, holding is usually cleaner than guessing.

Nothing ever happens with Eth. I was a holder since 700$. It peaked in covid and never had a monthly closing high ath. Im a maxi now but will keep trading eth for the potential.

Get out and call it a good experience. Now start STOCKS

Breakeven is emotional, not a strategy. Decide based on your long-term thesis, not just the price.

Get out while you can lol

Stop Trading and Believe in Something for starters

Buy $hype

ETH is just getting started. I was down 20k + don't matter.

if getting back to breakeven gives you peace of mind, there's nothing wrong with taking some or all of your money off the table, especially if you've realized that your risk tolerance is lower than you originally thought.

Easy, you just keep buying whenever you have money you want to save for the long-term

If you're losing sleep over a $2k position, the position might simply be too big for you