Theres a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so dont be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So whats your thoughts about the recent pump?
In my opinion there is no such thing as a trap in Ethereum I consider it a long term investment, it will go down yes, but it always goes up, you can make a short term profit and a long term profit as well, depending on when you want to buy and when you want to sell, this applies to all the stable coins in the market, not only Ethereum.
I believe that as well. I don't consider ethereum to have trap points. They are not here for short-term investments. They have solid foundation to begin with. Such price movements is normal from my point of view. It is totally different with real pump and dump coins. Pumpndump coins have no recovery after the dev team got what they wanted. It will be a steady decline on their end.