That might be true. But I do not believe Ethereum will be able to hold their gains for long. Sooner or later the price has to go down simply because that is what markets do.
So always remind yourself not to get lost in the mania and try to stay objective. In a market like this, it is easy to think that the good days will never end.
So always remind yourself not to get lost in the mania and try to stay objective. In a market like this, it is easy to think that the good days will never end.
I'm not even holding ethereum, was for a bit but sold it. I bought lbry and don't regret it. The 5x profit margin of the top 5 coins don't really compare to the 20x I've made since buying lbry. I hope some of the other shitcoins I'm holding go back up, they spiked during the last bull run and I didn't sell, now they seem to be sliding down.
100% agree with you. One can't make good profit by buying coin at 100$.
There are many coins that are mere cents now and has a good potential. Even if these cents just become 1$ that would be nice profit.
The growth on ETH really isnt that much different than the growth on bitcoin, or LTC. Its not as prolonged simply because it hasnt been around as long, and the speculative leaps havent been marred by as many scandals as our old pal bitcoin. I will admit though, if you are looking for potential upside, forget about bitcoin. as early as it is in the ride, the train has already left the station. there are plenty of really cheap, smaller cap coins in the top 10-15 that have more promise for immediate upward growth. Think about it. BTC is already almost 5k. If we get to the hallowed 10K, thats only 200% growth. And that might take years. Inversely, ETH could see 500 in a speculative spike within 6-12 months, and no one would really question that growth (it would still be in a bubble, imo). You would have literal years to move through other assets, and accrue even more percent gain
