At this time the price of the coin is dropping drastically, this is an opportunity for investment, I have bought ethereum coin for me to invest in the long term there is a possibility that the price of ethereum coin will rise again, use this opportunity to profit in the future.
I think you have made the right decision. Because Ethereum is the king of altcoins and a highly potential coin. We saw that ETH hit $1300 during the 2017 bullrun which hit $5000 in 2021. Maybe ETH will hit $10000 during the next bullrun. If you want to make a good profit from here, you must hold ETH till the next bullrun.
Yes and we can't deny the fact that ETH is worth investing in long-term and short-term. It is a highly recommended coin aside from Bitcoin but have to say that earning a profit will depend on us as holders/investors. Buying at a cheaper gives us more if we sell them during the ATH but guess what, some people lose their minds and become panic which makes them decide to sell earlier.
$10,000 next Bullrun? Maybe, but I was not in support of that as it was too high, honestly.
In my opinion only Bitcoin and Ethereum are the safest choices for investment, even making profit from Bitcoin and Ethereum is fairly easy,
we just need holding in the long term. Most people who fail to make a profit from Bitcoin and Ethereum are actually their own fault, who can't
wait for the price to go up. Because the key to successful investing in Bitcoin and Ethereum is patience. So never expect to make an instant
profit when deciding to invest in Bitcoin and Ethereum, it must be holding in the long term in order to generate a satisfactory profit. Therefore
now when the bear market, where all crypto prices have dropped drastically, it should be a good time to buy Bitcoin and Ethereum at low prices.
So when the bull market comes, we can enjoy big profits.
Regarding the price that will be reached in the next bullrun no one can know, because crypto movements are very volatile and difficult to predict.
Please predict according to the results of our own research and analysis, but based on the results of my own research and analysis it is too high
for Ethereum to reach a price of $10k. I think if Ethereum being able to return to the ATH price can provide a big profit, if we want to collect
Ethereum from now on.