Hopefully it would. ETH value keeps falling everyday. I don't want that to create uncertainty to new investors that would like to invest on cryptocrrency. I bought at $317 each and thought it was a good buy but it went down again. I don't feel at such a loss but I could have bought it at $250. Waiting for good news.
Well when I bought ETH for 350$ I thought this i just a gift, cause I missed that moment in the spring, but when on next day I saw the price about 250$ I really can't believe to my eyes. That was just like someone hit me with hammer or something, so definately we need some good news on market. I don't expect 1000$ for ETH , but now even 500$ for ETH would be really success.
You bought at an incredible price so do not sell, yes I know it is difficult to see your portfolio not doing well but that is just part of investing, you already did half of your homework, you bought ETH at a good price, now you need to do the other half which is to keep holding your ethereum until you get profits and if you can until the next bull market.