My name is Will smith, and I have been active in the trading world for the last three decades. I have seen all the ups and downs in the stock market, commodity trading, and forex market. I started my career in the 1990s, when trading meant just shouting buy and sell in the stock exchange. But with time technology changed everything. In 2015 I entered the world of Bitcoin, and then in 2016 I met another revolutionary cryptocurrency—Ethereum. Today I want to share with you my journey with Ethereum, in which I made many correct predictions, made good profits, and learned a lot from the world of this digital currency. This story is the story of my experience, my strategies, and my patience.
First Steps into the World of Ethereum: That Year of 2016
In 2016 I heard about Ethereum for the first time. At that time, I had already invested in Bitcoin and was making good profits from it. But I am always looking for new possibilities. In a trading seminar, I heard about Ethereum from an expert. He told me that it is not just a digital currency, but a platform that supports smart contracts and decentralized applications (DApps). I was surprised to hear this. I immediately decided to go to its roots. I read about Ethereum co-founder Vitalik Buterin and tried to understand his vision.
At that time, Ethereum was priced around $10-12. It was very low, and its buzz in the market was much less than that of Bitcoin. Most people considered it a copy of Bitcoin. But I assessed its prospects using my 30 years of trading experience. I felt that the concept of smart contracts could change many industries in the future. I decided to invest a small part of my portfolio—about Rs 3 lakh—in Ethereum. At that time, I bought around 2,000 ETH. It was a risky move, as crypto exchanges were still new at that time, and there were a lot of concerns about security. But I was confident in my decision. I stored my ETH in a hardware wallet and waited. I didn’t know how beneficial this decision was going to be for me.
2017 Boom: My first big prediction came true
The price of Ethereum did not change much until the end of 2016. It kept hovering around $8-15. During this time I was patient. I saw that awareness about Ethereum was gradually increasing. Developers were launching new projects on its platform, and a wave of Initial Coin Offerings (ICOs) was starting. At the beginning of 2017, I felt that this year was going to be big for Ethereum. I made my prediction that the price of Ethereum could reach $300 by the end of 2017. My friends laughed at me and said that I was expecting too much. But I trusted my experience and market trends. I saw that the demand for Ethereum was increasing, and many ICOs were being launched on its platform.
And then what I expected happened. In 2017, the price of Ethereum started skyrocketing. By December 2017, its price crossed $700. My 2,000 ETH, which I had bought for Rs 3 lakh, was now worth around Rs 1.2 crore. This was a huge profit in my trading career. I sold my 1,000 ETH at that time and made a profit of around Rs 60 lakh. But I decided to hold on to the remaining 1,000 ETH, as I thought it would go up even more. This decision also proved to be right, but before that I had to face some difficulties. At that time, I used a part of my profits for my family—I created a fund for my children and gifted my parents a new car. It was very satisfying for me.
The 2018 Crash: Lessons and Patience
Ethereum’s price fell drastically in early 2018. It fell from a high of $1,400 to $100. The market was in a panic. After the ICO boom, many projects failed, and investor confidence was shaken. People who had bought Ethereum at high prices started selling in a panic. Many people also advised me to sell the rest of my ETH, otherwise all my profits would be lost. But instead of panicking, I relied on my experience. I saw that this decline was temporary. Ethereum’s technology and its platform were still strong. Developers were working on it, and decentralized finance (DeFi) was taking off. I held on to my ETH. This time was very difficult for me, because people around me were repeatedly telling me that I had made the wrong decision. But I kept my patience.
By the end of 2018, the market stabilized a bit, but prices were still low. During this time, I tried to understand the Ethereum ecosystem more deeply. I saw that developers were creating DeFi projects, NFTs, and gaming applications on its platform. I decided to further diversify my portfolio and invested in some new tokens that were built on the Ethereum network. This decision also proved beneficial for me, as later some of these tokens saw a good increase in price.
Golden period of 2020-2021: New heights of profits
The price of Ethereum started increasing gradually in 2019, and in 2020 it came into the limelight again. This time the wave of DeFi took Ethereum to new heights. Many DeFi projects used its platform, and the demand for the network increased. I again made a prediction that Ethereum would cross $3,000 in 2021. And once again, my prediction proved to be correct. The price of Ethereum reached $4,800 in 2021. My remaining 1,000 ETH was now worth around Rs 3.5 crore. I sold 500 ETH this time and made a profit of Rs 1.8 crore.
This profit made me financially stronger. I fulfilled some of my dreams—I took a trip to Europe with my family, built a small hospital in my village, and created a large fund for my children’s higher education. But I still held on to the remaining 500 ETH because I think Ethereum has a brighter future.
Current Status and Future Expectations
By 2025, Ethereum’s price has seen many fluctuations. But I am still profitable. I still have 500 ETH, and they are worth millions today. I learned a lot on this journey. The biggest lesson was that patience and discipline are very important in trading. Ethereum’s volatility troubled me many times, but my experience and correct predictions always kept me on the right track.
I believe Ethereum has a very bright future. The Ethereum 2.0 upgrade has made its network even better, and work is being done towards solving scalability problems. Governments are now taking crypto seriously, and many countries are talking about regulating it. This is a good sign, as regulation will bring stability to the market. I would like to advise new traders to do thorough research, understand their risk, and be patient before investing in Ethereum. This is a world where there are stories of getting rich overnight, but the risk of loss is equally high.
Conclusion
My journey with Ethereum has been very exciting since 2016. I made many correct predictions during this time, made good profits, and understood this new technology closely. Today I am financially secure, and a large credit for this goes to Ethereum. But this journey was not easy. It required patience, discipline, and making the right decisions at the right time. If you also want to step into this world, then my advice is to proceed with caution, and always keep learning. Ethereum taught me that taking risks is important, but taking them wisely is even more important.