Same. It's weird how your emotions play on you. I passed on buying at $2, now I can't believe I'm actually thinking of buying at $12. Please talk me out of it. My logical side says--look at that chart, it's parabolic up, while it might continue a little further, a correction is imminent. Whereas my emotional side is saying "jump ship! this time is different! get in while you can! you're still an early adopter!"
Also, the ethereum volume on google trends is less than bitcoin in 2011.. does this mean that the price rise is being driven by a few whales as opposed to lots of people buying?
ETH is just insanity at the moment. I think another way of analyzing it is by looking at the volume across the top 10 alts lately. During the past month or two they've all gone up about 10x, 20x, 30x in (BTC) volume. If it was just ETH in isolation I'd have an easier time believing it was based on fundamentals.
I think your assessment is correct, "it's parabolic up, while it might continue a little further, a correction is imminent"
But the halving is also coming so that is very good and the most people are also thinking that it will be more worth later.
Well, no one knows what is coming and what is gonna happen with the bitcoin, but what is speculated the most is that the bitcoin will grow for sure in his users but also in his price.
So that is already a point why holding could be really smart, to gain a lot of bitcoins.
Also the upcoming years the bitcoin can go down but most likely and can only go better with it there are already a lot of company's that made the step to accepting the bitcoin in the first quarter of this year.