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Is it still early to invest in ethereum?

  • Thread starter Thread starter Eodine
  • Start date Start date
Omotolani said:
Regarding if it is still early to invest in ethereum. I believe it is still early to invest into the cryptocurrency ethereum because as at now, the market price has dropped drastically and now would be a good time to buy
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Prices have started going up! I think it started with bitcoin yesterday which went over 4% and continued the trend today so traders may be rest assured, the dip might be over!
 
Eodine said:
This week might just be a good wee, bitcoin rose 4% this morning, lite coin about 2% BNB about 6% which might be a good signal that there may be rise in the value of coins soon.
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The coins in the market have been shoeing green dot in the last 48 hours. They are trying to recover from their recent slump due to the ongoing bearish run.
 
GIFTMICHAEL said:
The coins in the market have been shoeing green dot in the last 48 hours. They are trying to recover from their recent slump due to the ongoing bearish run.
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I guess this week would be a good week for crypto currency traders as you have rightly said that the coins are on the rise so it would be wise for someone to take advantage of this now.
 
Eodine said:
And now we can see that the analyst were not entirely wrong, bitcoin has been slowly increasing since yesterday and most coins have followed today, doge has had a 14% increase, litecoin about 20% which is a good sign.
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The increase in price of various cryptocurrencies has been very good over the past few days and shows that the cryptocurrency market crash is being recovered. Furthermore there are lot of Investments that are being made into cryptocurrency from large investment firms as well.
 
No you can now invest in ethereum , this crypto has got potential to go $10000 and above in the coming days , it depends on the bitcoin price as well.
 
Eodine said:
Ethereum has seen another increase in it's price early this year and speculations are it might still increase, but we all know that at some point it might decrease so can we say that it is safe to invest in ethereum now?
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I think this is the best time to invest on any crypto currency, because right now most of this crypto currency price keep falling,so this time is the best time to purchase one I guess.
 
Ethereum had reached $4500, then it fell to $2300, and now it is $3000. Do you understand what I am trying to say? Ethereum may fall but it will son bounce back
 
It may not be really too early to invest in the ethereum project now. Infact you should buy some more of it now as the prices are beginning to jark back up again.
 
Eodine said:
Ethereum has seen another increase in it's price early this year and speculations are it might still increase, but we all know that at some point it might decrease so can we say that it is safe to invest in ethereum now?
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Ethereum is the second most populous crypto currency and its trailing behind bitcoin, though it has decreased just of recent but the level of decrease is not up to that of bitcoin, so its normal to invest in ethereum right now.
 
BrolySSJ said:
The increase in price of various cryptocurrencies has been very good over the past few days and shows that the cryptocurrency market crash is being recovered. Furthermore there are lot of Investments that are being made into cryptocurrency from large investment firms as well.
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I first noticed a green in the bitcoin thread on Sunday when bitcoin first increased by 4% and it has been increasing since then which is a good sign that the dip might just be over.
 
Eodine said:
I guess this week would be a good week for crypto currency traders as you have rightly said that the coins are on the rise so it would be wise for someone to take advantage of this now.
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Yes, it is the right time to invest heavily around the coins, so when it is growing very high our funds will be growing together with it too.
 
To me i feel it might not make much of a difference investing in eth right now. It would be better to invest on other upcoming coins
 
GIFTMICHAEL said:
Yes, it is the right time to invest heavily around the coins, so when it is growing very high our funds will be growing together with it too.
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Yeah, it would really be a good time to invest in the crypto currencies but with due diligence so as not to invest in a coin that would not grow on time and yield enough profits.
 
Eodine said:
Yeah, it would really be a good time to invest in the crypto currencies but with due diligence so as not to invest in a coin that would not grow on time and yield enough profits.
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Yeah, that's why we need to make wise selection to avoid those coins that won't increase in price in due time. I go for coins with long time profit, and not investing on short time.
 
GIFTMICHAEL said:
Yeah, that's why we need to make wise selection to avoid those coins that won't increase in price in due time. I go for coins with long time profit, and not investing on short time.
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One way to make a wise selection is by getting information from other websites or friends or colleague. Bizdustry is actually a good platform as you get different information about crypto currency.
 
GIFTMICHAEL said:
Yeah, that's why we need to make wise selection to avoid those coins that won't increase in price in due time. I go for coins with long time profit, and not investing on short time.
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One way to make a wise selection is by getting information from other websites or friends or colleague. Bizdustry is actually a good platform as you get different information about crypto currency.
 
Eodine said:
I first noticed a green in the bitcoin thread on Sunday when bitcoin first increased by 4% and it has been increasing since then which is a good sign that the dip might just be over.
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The price of Bitcoin is definitely showing a sense of Recovery however there are many crypto analyst that are actually thinking that the price of Bitcoin might drop down even further based on regulations that countries such as China are implementing.
 
Mandypaul said:
Ethereum is one of the best cryptocurrency that you should consider to invest on because a lot of people are investing daily in thousands into this cryptocurrency ,if you invest now there's a possibility that you will gain so much in the future when the price is still low. It is better to start now
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enthereum is really the best cryptocurrency that should consider investing and people are investing it , it is good for the future when the price of this cryptocurrency is good but it is still low.
 
Hafsa said:
enthereum is really the best cryptocurrency that should consider investing and people are investing it , it is good for the future when the price of this cryptocurrency is good but it is still low.
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It is a low price right now and there are many analysts that think that in the coming years it could increase by moer than five times the price we are seeing now if they are able to make better with transaction fees for the version 2.
 
BrolySSJ said:
The price of Bitcoin is definitely showing a sense of Recovery however there are many crypto analyst that are actually thinking that the price of Bitcoin might drop down even further based on regulations that countries such as China are implementing.
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And while some are predicting a vast and never experienced bull run based on the history that the previous times china restricted bitcoin, it first fell then rose well.
 
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