Hey,
Just wondering what people think about the current price of Ethereum and Bitcoin? I wanted to buy some more of each but obviously the price is quite high - record highs in fact! Are we expecting for another dip i.e a better time to invest or will it keep rising?
I know this is a question of speculation but if anyone has views/opinions/research I would love to hear your thoughts.
Many thanks
Let me clear this to you mate..
If your Funds is Limited and you wanted to Buy for short term investment , Then never consider Bitcoin and Ethereum because those 2 are only for Long term and for those risk takers.
Just Focus on your Altcoin trading ..
I do not agree with this. If you had low funds last year and bought bitcoin you would have made 10x already, how is that for long term? Just one year and a 10x return. I am not saying there will be another 10x return once more, (well eventually it will) in a year but I can see 2x or even 3x happening as well, those are possible.
It is why I think it is quite obvious that people are not done with this, they are basically still doing it because they believe that we are in a situation where bitcoin could go up, and not done yet.
Altcoins are riskier, they could make you some profit but at the end of the day you may lose a lot of money with it as well, I do not believe that bitcoin could be that low, it will definitely be low if a huge bear run happens but it will not lose you more than other altcoins, which is why I think bitcoin and ethereum investment is still a smart decision no matter how much money you have.