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.
I can’t quote you a number, but it’s often seen that whenever Bitcoins go up in price, Ethereum and other major alts follow it. So there is high possibility that in the next bull run when the price of Bitcoins reach new ATH price, ETH will also go up and might break its ATH price. So I would suggest you to hold the coins and don’t sell now. Wait for the bull season to start.
Of course ETH will rise in the bull season, but we need to see that it is very impossible to predict the time until before Christmas, because it is only a few days away, it is a difficult step that can be taken if someone is investing short-term.
You are right, when Bitcoin goes up it is certain that ETH will also go up and we will find that in the next year, yes, the best choice is to keep holding the ETH that you have because it is certain to get a profit, I myself am very sure of the potential in the next year, making short-term investments is too risky OP, I hope you rethink it. and also you think of trading the future if you don't understand it.
BTW usually at Christmas, BTC will go down, with the logic that some people take the money to go on vacation and share gifts with family.