There is never a good or bad time to buy in, I try my best to buy whenever their prices tank in the hope they will rise again, off course I have no way of knowing if they will rise, it is just blind faith.
If you use your brain and understand the mentality of trader on market, the think of big boy and whales, you can predict the scenario happening on market and have good decision about sell, hold or buy your coin.
- Personally, I think any time is a good time to invest in bitcoin and eth because this is really both very potential and prices will rise very high in the future. But the best time would be when the prices of both tend to decrease dramatically over a period of time
- However, we should observe and analyze the market to buy at the best price, that will help us get more profit. Always follow the whales, this is my personal experience
but ethereum is too volatile now and mostly is going down, how can it be a good investment these days!
i keep seeing it go down a lot and then come back a little. it is a good way to make a quick profit in the short time it is fluctuating like this but it certainly is not a good "investment" at the moment.
and besides if you want short term profit from trading in larger percentages there are many other altcoins that can give you much better results. you can see them going up 50%-100% in one day. so why risk with ETH!!!