Ether has dropped to $ 90. Should I buy more under the prospect of growth or look at other competitors? I'm interested in your opinion, which of the Altcoins dedicated to smart contracts is the most promising?
Don't worry too much that ETH has raised the price of $ 189 today and this probably won't make many investors disappointed. So we can expect a good future for the price increase of ETH is just the beginning.
The best thing that is happening at the moment is that ETH is considered the best stable currency after Bitcoin, since it has a structure very similar to bitcoin, this results in every time the bitcoin goes up, the first altcoin that is going to follow the same path of Bitcoin will be ETH, this is beneficial even for projects that have to do with Icos, sto, Ieo, because having increased it is giving green light to all these projects that are on the right track , and the investors of these projects are going to begin to be much more interested to go hiding their money in these tokens and coins.
It is very likely that the price will continue to grow, because the correction is likely but it will not affect much, it may hold more strength to keep rising, however it is necessary to emphasize that the market stage lends to generate this type of volatility, so you should be very cautious. For now those who are in profit with ETH, it is necessary that they take preventive measures, that is, divide in intervals their profit taking, so that they lengthen the gains and cut the losses, this is what any trader that operates in this moment to take a position in the market.