I hold some ethereum, but currently the price of ethereum coin has dropped a lot, I bought ethereum at $3000, now it's down to $2500. Is the price of Ethereum likely to increase?
Why will you buy ethereum for $3000 and sell it after your price has dropped to $2500? It doesn’t make any sense to me. The best thing to do is for you to hold and wait for it to bounce back. You are holding a very strong coin, and I'm sure when the market bounces back, it’s really going to recover quickly. The crash that happens doesn’t happen to only ethereum, you can see that every coin dumped, including bitcoin, so what I will recommend is that you should keep on holding, and if you have some money, then you can accumulate more of it and wait for the price to increase.