Post
Topic
Board Altcoin Discussion
Re: Is Ethereum About to Break Out of a 2-Year Bear Market?
by
anjiitem
on 24/01/2020, 10:59:08 UTC
I really do hope so as I have been hodling my ethereum since the last bullish period 2 years ago. I think with the latest development of ethereum that allows proof of staking to supporters, eth would likely pump this year. Its price has stabilized right now and the only way to go is to go up.
This year eth will regain what it lost last year. The market and self expectations will pump the price. Its current price is very low and need to start from any point, and this point is very close. There has now been a 35-40% increase in price, and there will be even more. So, I suggest you wait a little longer, when you reach an affordable price this year, you make your choice.
That is the hope of many people who hold ETH and for now it is better to keep holding it and waiting for the right time to sell it later. You could say 2018 and 2019 are less profitable because we often see price reductions that occur and for this year we hope that ETH will start pumping and providing benefits for people who hold ETH.