Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
theskillzdatklls
on 22/09/2022, 20:50:41 UTC
I think it will be different. ethereum is now becoming almost a deflationary asset. and I see no reason why eth will be dumped heavily.
The current dump was due to the overall market going down. But I'm sure that it's going to be more of a deflationary asset and that's the same with bitcoin.

it is possible that there will soon be more motivation for stackers
It's just going to be a matter of time and we'll that the recovery comes in and everyone would again say that they should have bought when it's low as it is now @ $1200.

Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.

in other words it seems like now might be a bad time to invest? need advice so when do you think is the right time to invest, is it a week or a month? because I want to invest in eth

No one will ever know, especially not on this forum. But in fiat prices, the price is relatively low and seems like not a bad spot. You could wait for it to dip a little lower, but you run the risk of course of it never getting that low. You need to make your own risk/reward calculations.