Does anyone have any speculation as to whether this is just a nice time to buy Ethereum or if it will start to level out around the $200 range for quite a while?
I've noticed that most of my coins have taken a -50% decrease in value, I've heard some say that this is just because it is the summer time and this also happens with the stock market.
Any thoughts?
As it is reflected in most of the major cryptocurrencies, it really has nothing to do with ethereum per se.
Personally, I would (and do ;-) buy into cryptocurrency whenever it looks low, sell when it looks high, and rinse and repeat -- but, unless you have an inside track, I would only do it with the top 10 or 20 cryptocurrencies and I WOULDN'T DO IT WITH ETHEREUM (for a large number of reasons including the fact that it is a target, the fact that it has not yet delivered on most of the promises that people believe it has and a number of technical reasons that lead me to believe that it is very likely to be leap-frogged).
OH . . . . and Steem looks like a very good choice that has treated me very well.
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