Post
Topic
Board Speculation (Altcoins)
Re: ETH to hold now or not?
by
diskodasa
on 10/09/2020, 02:08:54 UTC
Ethereum always been an asset for holding and trading for all kind of traders and never this face you losses much if you understand very carefully the coins don't you face any losses ever. Though this been down for few times it's always good time to buy and hold and recently the drop is being recovering.

yes, ethereum can be withheld, or not. i think it is a good coin in both. For now, I'd rather hold ethereum than not. I quite believe the potential for Ethereum could hit a price of $ 500 this year, although the current price is quite far from that price. well, ethereum's highest price when bitcoin price was $ 12000 was $ 470, and that's close to it. I think that opportunity can happen at any time this time.
Given the current market situation it will be difficult to predict what will happen next but I guess the demand to buy ETH will tend to increase more than before. I have also been holding this coin for a while but will only sell when the ETH price crosses the $800 mark by the end of the year as this price I think is fully attainable.

However, the price of Ethereum will depend a lot on the price of Bitcoin because it is the decisive coin for the entire market.