While a lot of people might be looking at the markets today and start panicking, you have to remember that crashes and dips are not only normal they are a part of the game. Every time Ether has fallen it has gotten right back up again usually stronger than before!
Hilariously if you check https://cointelegraph.com/ethereum-price-index you will see that the price has fallen only back to where it was at the beginning of this month! I personally saw it fall to 131$ a few weeks ago then rising up 100+ in just over 2 weeks. The big investors right now are not even worried, they are happy... Why? because they are buying Ether for CHEAP and planning to make large profits in a month when the price slingshots back!
Now Ether might fall a bit further... but it will go back up! Why? because the world leaders are interested in Ethereum not bitcoin look for yourself http://www.zerohedge.com/news/2017-06-12/putin-meets-ethereum-founder-create-national-virtual-currency. Any government that is talking about bitcoin will switch to Ethereum given time because ethereum is a better coin... Lower fees and faster transfer times.
Best advice is to either watch Ether and wait for the price to start going back up then buy. Or to put a bunch of buy/stop orders at a lower price.
Keep Calm and HOLD THAT ETHER!
I will not fall into panic :)
I will stay with my cryto currencies unttil the next fiat money crisis will happen and than I will enjoy the party..LOL
Thanks for sharing your post ! Actually I need to look closer into Ethereum as I havent done this yet..
The Putin Connection is quite interesting though !
Take care
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Agree! Buy & hold :-)
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Yeah I t's better to view ethereum as a currency than what it actually is. Am holding mine just in case my nightmares about it become a reality. The fact the world leader like it so much is good to profit off but ether is like a stick " one of mankind's very first technological breakthroughs". Stick have many uses my friend. ETH is scary. I buy it because I'll be no victim of its technology.
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Interesting article. I fully understand what you're talking about. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. I found this great website: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there. For example: https://www.coincheckup.com/coins/Ethereum#analysis To watch Ethereum Detailed analysis
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