Post
Topic
Board Altcoin Discussion
Re: did I make mistake?
by
fishbonez11
on 29/12/2020, 06:05:25 UTC
now Bitcoin price has increased 17.5% in the last 7 days and now the price is $27,750.69, then BTC Domination is 70.9% with Market Cap amount $727,677,130,354, but Ethereum price is currently $644.61 and is down 1.44% from the last 7 days, so I bought Ethereum with all my money (money that I use specifically for investment), because I believe Ethereum price will soon increase very high (bull run) following Bitcoin price movement and of course I will get a very big profit from investing in Ethereum (my target for Ethereum price is $1100-$1400), because I believe if Bitcoin dominance decreases, then it will make the price of altcoin increases (including the price of Ethereum).

Eth is somewhat goos as Bitcoin. There is possibly a good spike happening, for sure in the long term investment you can see the price pump. But I feel like there's gonna be a correction from the ATH that just happened. It's maybe a good timing to buy at this moment knowing that from our past experience, correct always happens. But still it will recover, its just that you have missed maybe to buy at the lower price.