Post
Topic
Board Altcoin Discussion
Re: Time to put money in ETH?
by
Xal0lex
on 20/05/2022, 19:43:59 UTC
Is it a good time to put some money into eth, or is it falling more?

Don't try to buy an asset at one price with one lot, in most cases you won't guess. ETH is definitely a good asset for long-term investments, so you can buy it anytime you have free money, or on corrections. That is, you can buy some ETH right now at the current price, if it goes down, you can buy more, and if it starts to go up, you'll start to make a profit.

Many people think that they can buy with all money they have once and then it will grow, but in 99% of cases they don't guess. So buy in batches and average your average purchase price.
for long term investment ,ethereum was best portofolio in crypto currency market. in few days ago eventhough bitcoin drop to around $25k its price still above $1500, it is good sign that since Luna crash happen  alot investors move to their assets into ethereum. known as good smart contract platform, ethereum have huge demand more over its update on eth lock rise significantly.

Institutional money has long been flowing out of ETH, despite its attractiveness for investment. Because of that the price is constantly falling, but at the same time now there is a constant outflow of ETH from exchange wallets, which means that investors increasingly come to the conclusion that ETH, just like bitcoin, is more profitable to hold. I think that when the next big bull run happens, the price of ETH could hit the $8-10,000 mark.