Hi!
ETH is now in an extremely low position. How good is the idea to buy it now?
Thanks.
First of all, this is not an extremely low position. FYI, a few months ago ETH reached sub $100 and going deeper from that on. Compared to before, ETH is higher by 50%.
and about your position, it is not about how good but instead it is all about you. Let's say ETH reaches $100 again next week, can you hold it or not?
if you can afford to hold it until it reaches your desired target, that means right now is a good time to buy it. But if you can not afford to hold it because you need some cash a week later or something like that. That means, right now is not a good time to do that.
Schedule your time and resources, and do not forget to read a latest news about cryptocurrency. Because it can help you in determining the strategy and the market flow.