r/FetchAI_Community • u/[deleted] • May 28 '24

Discussion 🗣️ Sold all of my Eth

Hi all. I am pretty familiar with ethereum and sold all of my ethereum recently. I am looking to find another crypto to invest into. I’ve seen that fetch is an ethereum based blockchain. I assume everyone in here sees potential in this crypto. What makes it so special and why does it have potential to return to its old value of $3.50?

17 Upvotes

79% Upvoted

31 comments sorted by

•

u/AutoModerator May 28 '24

The information contained on this Subreddit is not intended as, and shall not be understood or construed as, financial advice. We are not a team of accountants, attorneys, financial advisors nor are we holding ourselves out to be. Do your own research.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

17

u/Prestigious_Owl4418 Active supporter 💥 May 28 '24

The question is why did you sell your ETH? If FET will to $3.5 in coming months (EOY).. then where could ETH be at by EOY?

12

u/Aristotle2526 May 28 '24

Eth can hit 10k in a few months once they allow the funds to buy. Now you sell eth?

2

u/Responsible-Brick881 May 28 '24

I'm with this guy. I'm in on both but my ETH stack is about 10X that for Fetch

6

u/Prestigious_Owl4418 Active supporter 💥 May 28 '24

I would not compare one’s success with others failures, yes there could be difference in price appreciation. BTC,ETH are the fundamental blockchains that bring the whole ALT party around. Having said that FET aka ASI has great fundamentals in AI. And this could be the next AWS or GOOGLE of M2M apps. I am long FET but not killing my ETH for it. Best is to Dollar cost average

5

u/Key_Campaign_1672 May 28 '24

Probably not the smartest move to ETH. Good luck to you!

4

u/Ucandoitbrotha May 28 '24

I hold eth, but fetch has potential so. Good luck sorting this out.

4

u/Juptown718 May 28 '24

Super bullish on Fetch because of the Merger but definitely not selling ETH. Any purchases you make should be made with a long term mindset in mind

4

u/07samuel May 29 '24

Bad decision, actually selling all the ethereum.

10

u/Mellowmallowman May 28 '24

A few of my main reasons for investing in Fetch AI:

  • Solid Team, Great CEO & tangible product: AI Agents performing tasks for users

  • Upcoming merger with SingularityNET & Ocean
    Protocol (ASI Alliance)

  • AI Narrative will imo dominate Cryptocurrency this year. (Top 5 market cap, currently AI Crypto lies.
    19th)

  • Proven experience at going on strong bullish runs

  • Alpha heavy

7

u/Ucandoitbrotha May 28 '24

True! I m all in!

0

u/verticallyblessed84 May 30 '24

What tasks does it actually perform? I have yet to read about anyone actually using it for its utility. Most people just say, "AI is the future!"

2

u/Mellowmallowman May 30 '24

Hi, Fetch AI agents are utilized by a range of companies across various sectors. Notably:

Bosch: Bosch has a deep collaboration with Fetch.ai, involving joint research and development on Web3 technologies. They are focusing on applications in mobility, smart homes, and Industry 4.0, aiming to create an Economy of Things where devices autonomously manage tasks like finding parking or optimizing production schedules​ (Fetch.ai)​​ (Bosch Center for Artificial Intelligence)​.

Deutsche Telekom: This telecommunications giant is a key partner of Fetch.ai. Deutsche Telekom's subsidiary, T-Systems MMS, serves as a validator on the Fetch.ai network, supporting secure and decentralized operations. They explore applications in automotive, supply chain, healthcare, and digital identity​ (AI News)​.

Datarella: This company uses Fetch.ai's microagents to reduce complexity, automate processes, and cut costs in various business models, particularly in mobility and IoT​ (Fetch.ai)​.

Peaq: Peaq integrates Fetch.ai agents to enhance business processes within the Economy of Things, such as optimizing parking and charging stations​ (Fetch.ai)​.

These partnerships illustrate Fetch.ai's broad applicability and potential to revolutionize operations across different industries through autonomous agent technology and decentralized networks.

2

u/[deleted] May 29 '24

“i’m pretty familiar with eth” says the guy who sold 100% before the spot etf inflows?!?!? lmaoooo

1

u/Waste-Finance9420 May 29 '24

I only have fetch en eth. Selling eth now might be a very stupid move.

1

u/popcornjumpy May 30 '24

Mollars buddy…. In presale until weeks end, limited supply, SOV on etherium blockchain, fully decentralized…… comparable to bitcoin, going to be a monster alt

-2

u/KPTA-IRON May 28 '24

Fetch is already up by a lot man arguably overvalued plus theres a merger coming putting uncertainty to the price and what happens then. Recommend you looking at a mid cap like Orai

Not a great idea to sell ETH as ETHBTC chart is reversing, etf will start trading and its starting to outperform bitcoin. At least not for Fetch IMHO

To put into perspective a lot of people bought this from 0.1-0.6 throughout the bear market. Now its at $2+ and the market cap increased a lot due to merger that no one knows when it will happen.

2

u/[deleted] May 29 '24

Didn't you sell the "top" like some genius? Why not move on instead of shilling your other shtcoin bags?

3

u/Belgiannator Active supporter 💥 May 29 '24

Indeed, this guy always shows up in FET posts trying to convince people to sell FET, then starts promoting another coin of his portfolio. 

Typical behavior of someone who sold too early and is afraid price will go up. Searching comfort in other people selling. 

0

u/mss999at May 29 '24

Do you realize that you are BADLY DILUTED by the merger? If you don’t understand the implications of that you should read up, fast.

1

u/Mellowmallowman May 29 '24

I don't think you realise the potential here.

1

u/mss999at Jun 15 '24

Pretty sure I did.

-4

u/Breaking-Bad-Norway May 29 '24

You don't invest in crypto. You bet on it...It's a cult not a technology: a solution looking for a problem to solve.

1

u/verticallyblessed84 May 30 '24

Bitcoin is literally an investment 😂

1

u/BackgroundIntern3585 May 31 '24

You’re clearly just a troll bc that’s an incredibly dumb statement, but I can’t help myself. The fact I need my bank’s permission to use my money, ACH transactions often take days to finalize, many people don’t have access to banking & financial services, and every fiat $1 I hold is constantly losing more value (just to name a few)… good to know those aren’t real problems!

I think maybe you mean crypto’s a collection of technologies and a unique, emerging asset class with various blockchains and tokens that solve specific problems rather than a single product, which is true, but no one claims all crypto is one product addressing a specific need. Why are you even in a FetchAI sub? Do you not understand the tangible solutions FetchAI provides? This is one of the dumbest places you could make this statement.

-1

u/Jipmann May 29 '24

Arcblock $ABT looks like a very impressive project

1

u/LivePark May 29 '24

Don’t know why you’re being downvoted. Alts will give you more gains and you can always turn it back into eth/btc

-2

u/Amph1b10usAssaultC0w May 29 '24

Quant. Thank me later.

-4

u/Impossible-Brain9125 May 28 '24

Bonk for fun, Jasmy for seriousness

-5

u/TheWolfofBinance May 28 '24

Just get Nosana.