As I recently analyzed the market of Etherium - I was so shocked about its continuous trade-off in the market. And I found out that this is not for short-term investment but rather it`s for long-term. I am just really fascinated about the changes of crypto price in the market and I want to share my opinion with the community of this forum.
So far, the market of ETH is at its bearish period but it doesn`t mean, it will not stand up the current price. Obviously, if people will again start to buy etherium even for a period of 2 to 3 straight bulk-buys, well, the price will become bullish again. However, Etherium is not advisable for short-term and day-trading activity - it is for long-term perspective.
So far, the market of ETH is at its bearish period but it doesn`t mean, it will not stand up the current price. Obviously, if people will again start to buy etherium even for a period of 2 to 3 straight bulk-buys, well, the price will become bullish again. However, Etherium is not advisable for short-term and day-trading activity - it is for long-term perspective.
Actually the ETH price is on the downward now and the sign of recovering is still unseen.
But crypto is very volatile, no need to be shocked if the price difference is very big compare with the past months price.
I am agree with you, ETH wont give short time profit, it is for long time.