Post
Topic
Board Speculation (Altcoins)
Re: ETH to $10K?
by
yohananaomi
on 23/07/2021, 10:21:15 UTC
For the next 5 years $10k is not impossible for ETH. if used as a long term investment, it should be considered that the market is currently in a bear market transition, so with a current value of around $2000 I think it is quite high, so just wait it's around $1200 before investing in ETH in the long term
why are you sure you have to wait so long? you try to look at ethereum's last ATH, it's been okay and almost half way to go to $10K, unfortunately there is a very deep correction in bitcoin causing everything to be affected, so is ethereum.

are you sure if the price of ETH can go down to $1200? if in my opinion it is very difficult, so instead of taking the risk to buy ETH when the price drops to $1200, then I prefer to invest in ETH at this time, because in my opinion the price of ETH is already low, therefore I prefer to buy ETH right now instead of taking the risk to wait for the price of ETH to $1200, so that if the price of ETH goes up and doesn't go down, then of course I won't regret it and already get profit from investing in ETH at this time.
it looks like ethereum will not go down to $1.2K, because the direction there is not seen when there is a correction, ethereum can still hold on to remain in the current very good range, to wait for the right time along with bitcoin to increase again. so you're right it's time to put your funds and invest in ethereum, because by the end of the year ethereum and bitcoin will reach renewable ATH again.