Ethereum Question - When to buy in?

in ethereum •  8 years ago 

So, I'm looking to purchase some Ethereum (currently $196.27). I'm just wondering what the consensus is on where it is headed in the short term. Does anyone expect a significant pullback? Do you think it will rise from here? Ethereum its one of those head turners for sure. I was looking at making some bitcoin purchases last month, but then the price just rocketed upward. Ethereum is still relatively cheap in regards to bitcoin. However I would like to jump in when the prices are cheaper. I'm trying to do some research on possible seasonal corrections. Seems to me Ethereum should have a significant drop. Also, it looks as though all crypto currencies are linked to the infamous bitcoin. Bitcoin goes up, everything else does... It goes down, then everything else also goes down. So, my focus in buying Ethereum is focusing on bitcoin. Bitcoin did have a nice $600 drop recently. A couple more drops like this in bitcoin should bring everything else into decent buy in levels. What are your thoughts? Thanks for reading and thanks for your take on this matter. Steem On!

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I take my first ETH when it was 40$ (think too much when they were at 15$)
Then I buy again in some steps, also last week. And I think I buy again as I can next periods.
Maybe there will be a small pull back, there are balls, but the trend is that it should really go up

Thanks Cozzasteem.

Welcome!
Look at my profile, not only crypto... also goats :)

Going there now. Thanks cozz

I would recommend getting while its in the 190's range. Chinese markets just opened up for it, which is what brought the price back to almost $200. With Metropolis coming out in a little over a month, it would not surprise me one bit to see it hit $300-350. Research into metropolis.

I would get into it now.
It is going to keep going up and up and any price drops will be quickly recovered. Buy and hold this one.

I think that I will agree with you. It's worth a try.

I bought the dip around 135 on the weekend and enjoying it.

That is awesome. Congrats.

do you mine ETH?

No. Not set up to do mining. I have researched it. What site would you recommend in learning mining? Thanks.

https://www.cryptocompare.com/
if you ever plan to do cloud mining try this https://hashflare.io/r/663FC5CA
ROI in around 100 days if ETH stays above 200.

Thanks. I'll check it out.

thanks for sharing

welcome.

If I've missed the boat then so be it. But I'm waiting to see if comes down below $100

I'm with you on that. I would think there would be a chance when crypto's get some bad press. I will be waiting too.

Pullback already happened. Buy as soon as you can.

I'll wait and see. Thanks for the reply.

You got it my friend. Was gonna pick up more ethereum today but it had such a big jump last couple of days im waiting till next week. Bitcoin had a nice correction and had not made its run up yet so im pulling trigger on the bitcoin for this week. Bell well

Looks like the pullback happened over the weekend. I believe it went below $150.00