As we know the price of ethereum was increasing. Today I was searching for ethereum price but I see the ethereum price graph and the price was low. So, Is it safe now to invest in ethereum? Can I still earn profit from this coin? What should I do? Should I wait or not?
Most people think Ethereum is highly undervalued. The price does not match its potential and during the upcoming days, the prices will rise even further. If you have the same believe, then go ahead, invest.
If you are thinking of making quick profit, then I wouldn't suggest you to invest in it. If you want to go for long term investment (or exit only when you think you have reached your profit goal) then investing in Ethereum would be a great choice when it comes to altcoins.
In practice, it turned out that investing in ethereum in January was a very good decision, since the price of this coin has increased several times since that time. I think that even now, with the current ethereum price of about $ 2,700, it makes sense to invest in it, since whales are now buying this coin, and they do it with full confidence in the upcoming profit.