It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?
ETH is being hyped as the disrupter of the internet as BTC was of the finance world.
Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!
So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?
It would be foolish to just try to correlate the graph against BTC and think it will act the same?
Thought please?
As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.