The path to the moon isn’t necessarily straight. Ethereum can soar to $10k, perhaps even $40k—or tank to $1k--who knows? What we know for sure is that the rally (or sell-off) won’t happen overnight or be in perpendicular lines. In the finance world, unless something extraordinary happens, FOMO-inducing rallies don’t print out in bursts.
Ethereum has made people wait a lot.
I don't know what will happen in the short term, but I think it will be appreciated in the long term. I can't say I like it too much, but I'm following it.
Thanks for the article.
Have a nice day.
hodl, buy the dip! Don't stress it out! That's my financial advice.
Not to mention the hype coins that can't even be technically analyzed, they're all a waste of time. There are many projects like ETH and it that will be very successful in the future and are moving on this path. While I was a short-medium term trader when I first entered the market, I am now a true HODLer. On everything. That's the best, and real HODLers always win.
I don't know if etherium will go up or down tomorrow, but one thing is for sure, etherium will never go down in the long run.
Tech traders can really do a great job, but I tend to take the long-term growth of Ethereum approach. Good article in breaking down some of the key views of technical analysis.
I prefer to stick with holding part, but there are lots of opportunities with this volatility in the market. Trying short-time trades make sense if you allocate small portion of your balance.
It is %99 true even if you lose value now, it will come back and pass the limits, only if you have a strong will to handle such volatility. So if you are a believer then you are the victor in this madness.
ETH will eventually flip BTC. It's just a matter of time.
we are still waiting for ETH to back to 4k and more, sadly with conflict as Russia-Ukraine the money run to gold and criptos loss bulls. but in december 2022 ETH in 5k or more is not impossible