Not just ETH, right time to buy any other currency is during the dip. ETH is very cheap in price at the moment. I think ETH is at it's support level. maybe it won't get down more than this but not sure about it. I think it is time to buy ETH.
It's all up to you to decide whether to buy NEO or not. The risk and reward is in front of you. If NEO again reaches at $160 than it would be a good fortune but what if it doesn't move according to the expectations then you know the result.
Market's behaviour in the first half of 2018 was extremely bearish. Every one portfoilo has gone down, including me. Just wait for bullish market. I hope things will restore back again..
You better check out the list of top ten cryptocurrencies on the chart. But I personally think approximately 2 ETH would be a good pick by your $500 but in the end I would say the decision is all up to you. Currently ETH is at very low price, Better buy now. Last year ETH touched $1410. I think ETH can do the same when ultra pump will arrive.
I think right time to buy altcoins is in bearish market. Right time to sell is in bullish market. Market has started to recover, which means it is entering into bullish market. Better buy at low prices and sell it at high prices in pump.
I see cryptocurrencies as the future of payments. As world is becoming digital, there is a need of paperless environment I mean no paper currencies. Cryptocurrencies also let the world free from the banking slavery, giving people the ultimate hold and control over their wealth.
The market has started to go green again but I think overall marketcap is not increasing the way it should increase in bull run. I think it's the ending phase of bearish market and prices of cryptocurrencies are started to recover. I think Bull run will come forward.
Yes I also think same as you but what if ETH couldn't rise like last year ? According to analyst BTC will touch $30,000 if legendary pump arrives. I think it's better not to convert all of your BTC into ETH. I think better is you should convert half of your BTC into ETH if you have strong feeling that ETH will rise that high again. In the end, I would say nothing can't be said so certainly.
I'm not in the favor of holding any cryptocurrency too much long. Let me give an example, Let's suppose You bought 1 BTC at $7500 and let's suppose and it rose upto $12000. Sale it and buy USDT in return. USDT is a cryptocurrency which is dollar backed and no matter what happens to the market 1 USDT almost equals to 1 USD. And when BTC falls back to let's suppose at $8000 or $9000 you can sale your USDT and get back more BTC. This is how you can increase the number of BTC you hold. If you hold 10 BTC for 100 years, they will be 10 BTC after 100 years. So hold, sell at high price and buy back at low price.