ETHEREUM Crashing! Funds flowing to BITCOIN. Interesting divergence in price. Writeup to follow

in introduceyourself •  7 years ago 

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If the ethereum plunges, would not this be the time to buy?

Indeed, this will create a great buying opportunity. I dont think that it is quite yet. Long term bullish btc and eth.....and other good cryptos :) writeup to come

That's what i'm doing :)

I was about to say the same thing :)

I-i-i-it's just a correction mate y-y-you see there's just a sale tag on Ethereum right now: BUY BUY BUY.
#EthereumCult

Lol. I do like it long term but believe lower prices will come.

Nice way to introduce yourself :)

Thanks :) Writeup to come!

I don't see this as an investment opportunity. Lots of ether has been flowing into ICO's Lately and that's the reason why it's crashing at the moment. Ethereum could easily lose 20% of its value within a day without upwards potential. Be cautious!
For more information concerning this subject read this article please: https://steemit.com/ethereum/@benjaminh/the-destructive-force-of-ico-s-on-the-ethereum-blockchain