Quote from: Bureau on December 07, 2023, 10:09:15 AM

Quote from: hack3rcon on December 07, 2023, 06:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

Unless you have sold all of your Ethereum you are still in the game to recover your loss and make a profit. Keep on holding and if the market keeps on staying in the green zone you would make enough profit. It is not that easy to predict the price of any cryptocurrency as there is always the factor of uncertainty in the crypto universe which can stop Ethereum from reaching the price point you are seeking. But looking at the present situation where the price of Ethereum is already above $2200 it won't be hard for it to reach $2300 before the 25th of this month.

Top crypto coins are better to hold for the long term, despite how the market trends and their prices dip, they'll eventually find there way back to the to top and become more profitable again. So I'll also advise OP to continue holding his Ethereum, hopefully the price will reach and even surpass his expectations. Until we reach the peak of Bitcoin bull run, investors will continue to be focusing more on it, when in the peak investors will use their profits from Bitcoin, to buy altcoins, which will experience their bull run too. When altcoins, are in bull run, we'll be very certain that Ethereum, will take the lead in being profitable, so again if it's possible to hold your Ethereum, till bull run, then don't hesitate to do so.