Quote from: oleg17 on May 08, 2021, 08:03:10 PM

Quote from: MadeMen on May 08, 2021, 07:41:15 PM

Quote from: Nevaehp on May 07, 2021, 08:17:24 PM

Hi

I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

It's really not advisable to invest in ethereum, if you are considering holding for short term, because ethereum is on its highest level now, Though there's still a lot to be accomplished and the possibility for massive growth is high. To be on the safe side, it's good to invest in ethereum if you want to hold for long term.

Of course Ethereum is very good now. But buying directly now is not a good idea. The market is very impulsive, and you can still wait for a correction. Then it will be better to buy!

indeed we do not know how long and how much the correction will take, whether it will get below the price of $ 2K or it will stop at just $ 2K. which means that the correction can reach almost 50% more than the ATH recently carried out by ethereum.

If there is still a deeper correction, of course, you have to wait patiently until it is completely finished, for the opportunity to buy, but if you buy it too late you will lose the moment to be able to enjoy the benefits of the correction.

So you must continue to monitor the movement of ethereum at all times because the movement is quite fast and can be unpredictable.