Ethereum - Insane Spikes - Good Sign or Bad?
Hey Steemers!
For the past few days i have been noticing Ethereum and seriously banging my head on the wall. I remember the last discussion with friends over Coffee about Ethereum, back then, i think it was somewhere around May 20ish something date, anyways.. So at the time Ethereum was about to hit $200 and it was pretty exciting, we were wondering whether to pull out from everywhere and get Ethereum or Not? (#InnerVoice: "What if you lose it all and become homeless?").
Hence the Scary Risk questions came up and we decided to wait it out for a bit and see the trend, follow news, etc etc.. Well to our delight, it recently crossed $400, which is a 100% Increase in less than 20 days approx!!
The question is .. Now or Never? like always, still wait out and let it reach $1000, and then curse the lives out of ourselves OR to go with it and forget the next 6 months?
I wish i was as good as the other analysts and do my own due diligence, but some of us aren't made that way and we like leaving things to the experts! hehee..
So EXPERTS, help me out here please.
Yayy? or Nayy?
I would suggest following "marketreport" on here. It is Greg Mannarino who I've kept up with for a few years. Not only is he entertaining, he's right and freely shares his info. As to ETH, I'm a noob to crypto's and am treating it the same way I would any investment, and that is dollar cost averaging. Meaning, a specific amount on a regular basis over time will bring quality results. Of course, you have to use common sense too and always keep your ear to the ground so to speak. But try to buy the dips, rarely will anyone buy at lowest and sell at highest. Good luck to you, I'm in the same spot LOL...
Thanks for your input :)
I tried buying at the dips, and it crashed more lol .. maybe retracing for another future boom in the long run.
How much is 1 ethereum in dollar
Keep your Ethereum ride it to the end! How many people sold bitcoin and regretted it! The ones that never sold are either really wealthy or millionaires!!
I agree, time will tell .. these cryptos have got the big guns worried ;-)