Ethereum was dumped down to 950$ in latest Bear market and now it's trading 2x from that price. My question is , what is best price to buy ? Buy now or wait to down 600$?
Ethereum is now priced at $1600, although the bear market is likely to continue through the end of the year, but expecting Ethereum to drop again
to $600 seems unlikely. If we want to buy Ethereum we don't actually need to wait for the price to drop too low, I think buying Ethereum at any price is
still profitable if that is our goal for long-term investment.
Moreover, if we look at the price of Ethereum 9 months ago, it managed to reach a price above $4000, it looks like buying at the current price is
quite good. If we wait for the price of Ethereum to drop too low to $600, we will miss the opportunity to buy Ethereum at a low price. Because there is
a possibility that Ethereum will go back above the $2000 price. So my advice if we want to buy Ethereum we should buy at the current price, but don't
buy Ethereum with all the capital we have. We prepared the money for the worst, it turned out that the price of Ethereum suddenly dropped below
the price of $ 1000. Because it is difficult to predict the movement of the crypto market, it means that if we want to buy Ethereum, it should be gradual,
do not buy Ethereum all at once at a certain price.