Ethereum Dip: Time To Buy

in cryptocurrency •  7 years ago 

Ethereum falls with 23% in the last 10 hours, and the price it's on the very strong demand area, which gives us buyers good opportunity to buy and hold ethereum.

Ethereum's market value crossed more than half of Bitcoin and now accounts for almost 17% of total market coverage. Is a dip near impending?

Price in recent days rise over $ 1400. The volume of the Ethereum stores is currently $ 4,785 billion, which is close to 40% of the deal with Bitcoin.

Ethereum comes really close. Despite this, the price shows some signs of bearish movement, as it can be seen technically on ETH / BTC and ETH / USD coin pairs.

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Excellent! People don't realize how undervalued Ethereum is. I bought in @ 300 fall of last year, and I've traded it for alts (pairing), and in the course of a few months I've managed to not only double, but triple my original ETH stack. This is the perfect time to take advantage of ETH's low price!

Next support level of ETH in terms of USD is in the area of 650 - 850 USD. We might expect at least some sort of correction from this area

Ethereum and NEO both are relatively "up" compared to the crashes in the crypto space.
Personally, I think BTC is the best investment right now. We'll probably still see red across the Alt space as investors slowly exchange for an enticingly low BTC. As the price of BTC creeps back up, there will be some FOMOers from the alt space moving even more into BTC along with some fresh FIAT moving back into the crypto space (through BTC).

THAT will then be a good time to reinvest in alts.

As for ETH/NEO, yes they are good investments but you have to wonder, is there a BETTER investment opportunity right now than a successful alt coin that is still relatively up?

I have been tracking Binance Coin (BNB) for some time and even it went below $20 mark, currently trading below $16. Someone mentioned on Steemit that the fall 'may be' because of the mass sell-off by Chinese /Korean countries owing to their New Year festivities.

Been a trend in the market to behave this way for the last few years.

I think this is a good opportunity for those who missed the bus earlier. 20--30% fall in two days is a good buying/consolidating opportunity for those who aim to invest for a long term (6 month--1 year period)

Yes could be a very good opportunity

Thanks for good sharing thankful to you nice sharing

My pleasure

Thanks for sharing your thought
And best of luck
Keep posting and upvote mee thanks in advance

Thank you

Best time to buy etherium.

Agree

too bad I already bought high a few days ago along with some alt coins that are down 25-55% now...I should have stuck with my stocks, which are actually doing well.

Time to buy your favourite crypto, be it BTC, ETH, STEEM, IOTA or others, buy like it is now or never. Seize the opportunity. It doesn't come always

Damn it! I missed out on buying again. You're totally right - perfect opportunity.

Few exciting ICO I got my eyes on. luckily I am buying ETH now.

Great news update and resteemed

It's the Best time to buy etherium.
upvoted and resteemed

It's time to buy Etheruim because investing in this cryptocurrency at this moment of downfall is having a treasure in the future

CAn someone help me out about the benefits of investing for etherium? I have seen a lot of posts and comments about it this days and Im getting curious as to how it works or what are the pros cons for this.. hmmm

I concur with you @tradewonk. Buying at the dip will result in astronomical gains in the future.

FANTASTIC POST............................................

I envision ETC holding up strong alongside ETH long term as well.

Great points! Lots of great buys right at this moment, but Ethereum looks like a particularly strong buy right now. Buy the dips!!

Thanks for sharing.
I upvote you.
upvote my post

Pretty much agree, on same page as you @tradewonk ... I do also believe heavily in ETH over the next 3 yrs.

Das weis mann nie!

I guess ETH could lose the tempo of growth if the money will migrate to the BTC. Here is my idea of the correlation between ETHBTC and BTCUDS: click here.

Thanks for sharing your vision!

I would be very careful when buying cryptocurrencies at this time. It seems to me that the great whales that are manipulating these markets want to lower prices even more. Bitcoin is already in 10000 and the massacre continues.

Bad luck i do not have enough money to invest

Thank you. I think that ETHEREUM is worth buying after another short correction, so I will wait a bit more on this one. Massive profits, everyone.

Thanks for sharing your thought.
Resteemed and upvoted

thanks for sharing.

I wish I had money to buy ethereum this dip but I guess my pocket said no. Next dip I am going to buy tokens from weak hands.

yes my friend is time to buy the ethereum, ripple and steller

in next week my prediction is market will go up and take the boom beacuse in Korea the goverment shows the soft corner for the virtual currency trading :)

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