ETH is falling very strong compared to its $ 12xx early this year, will you buy it now?
After a fall as drastic as that suffered by ether recently, it would be easy to fall into discouragement and give up buying Ethereum, especially during such a bear market season as we are currently going through.
But comparing the performance of ethereum with most other cryptocurrencies we might assume that the fall of ethereum is not an exception, but seems to be due to a generalized decline in a market still strongly influenced by bitcoin.
But the factor that is taking me to rethink the convenience of investing in ethereum or not, is the undeniable emergence of coins called to strongly dispute its leadership in the sector as Neo and EOS, for which the future of ethereum seems quite complicated.
There is a competition in the market, we have to accept that but ETH is still one of the best coin in the market and even with the downtrend, we
were also able to see it bounce back. I know EOS and NEO are such a good project, and actually there are a lot out there but I would not make a judgement to dump ETH at this bear market as like what you said the decline of the market was influenced by bitcoin.