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     8 years ago 

    There's rumours all over Reddit of another EEA announcement on the 30th of June. If you're serious about wanting to jump into ETH, it would be worth doing it before then. A lot of people think Ethereum has already died, but all it would take is a few big companies to join the alliance now for the price to bounce right back to near the ATH.

    If you're looking for coins to invest in, I wrote an article a few days ago about why Litecoin is a great investment right now, and I have an article coming out later today about why I've just dropped extra funds into Siacoin.

    Click through to my profile and give them a read! @jhcooper7

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     8 years ago 

    This is the right time to buy ETH while the price is low but for me i will recommend ETC this is the next big thing in crypto world.

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     8 years ago (edited)

    thanks for suggestion upvoted

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     8 years ago 

    The reason for the price droping is that there are more sellers than buyers. That is how price is determined. We cannot know what the decision of each seller was by looking into all of their heads to find out what the reason to sell was in each single instance. So any reason put forward is a narrative, a belief about why 1,000s of people (or bots?) sold. It has nothing to do with reality. Better to stop looking for a reason if you know that it will be just a story.

    That leaves the question whether it is wise to step into Ethereum at this stage. That depends on your time frame (day trader or long term investor), your expectations for this coin and your ability to withstand and desire to run, risks.

    I could imagine that you wait for a bounce in price first and pick up some only after the second dip approaches the area of the first bounce. But you could miss the bottom if prices do not go down a 2nd time anymore after the bounce.

    Choices, choices......

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     8 years ago (edited)

    thanks bro for guidence upvoted

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     8 years ago 

    I also believe this is the right time to invest

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     8 years ago 

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       6 years ago 

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