Quote from: Innerpumper on Today at 08:56:32 AM

Quote from: moviestar on May 14, 2022, 03:51:42 AM

Is it a good time to put some money into eth, or is it falling more?

If the bear market hadn't ended soon I thought ethereum could be under $1000 but now it's still more than that. Although ethereum is indeed very good for the future but there is still a chance at a cheap price, maybe we can wait until the price is lower than the current price. But if you're asking if it's time to buy, if you want it long term I don't think there's any harm but just think it could be even cheaper.

We should be quite careful about this though. I mean it is clear to me that if you want to do something, doing it right away is the way to go in crypto because you would be making a good amount of return from it, and you wouldn't wait.

But if you wait, the price could go up and you could miss so much. That is the difference between long term and short term investment as well, the long term people could buy at the current price and could wait until it goes up. Would definitely end up being a lot more valuable. Obviously it is not going to be that simple, of course you are going to need something like stop loss and DCA to help you along the way, but waiting is not the solution.