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
You are right, now the prices for Ethereum and Bitcoin are at record highs and it already seems that this is the limit, but this is probably not the case and prices will continue to rise. But we know that the price cannot go up all the time and the price is corrected periodically. A correction is not always a fall, because when the price falls, the price goes down many positions. Now we also see growth and also small corrections, which make it possible to reset the overheating in the market and send the price higher again. I believe that such a model can persist until the end of 2021, and after that we will see a global correction of the crypto market.