Whether we like it or not, eth will go down by force due to the upcoming huge Bitcoin dump. Altcoins is relying a lot from Bitcoin's price. So expect the unexpected. You can still earn from eth through swing trade but not for holding it. This is not the right time to hold it.
It's currently $286 on coinmarketcap. I need to buy some ETH to participate in an ICO soon. Is now a good time to buy or do you think it will go down more in the next few days?