With the question of Bitcoin or Ethereum when it comes to investing i would honestly choose both coins, especially with the current market status and while its really cheap, so if you can buy at this time it its going to be a life changing event come December.
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Bybthe gime that this post was created investors or whales must be trying to lower down the value of Bitcoin for them to be able to buy more quantity. However with the current market it is possible for bitcoin to reach the 6000 mark before it plays the bull.
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After the remarkable performance of Ethereum last year, i im really hopeful that i can break its all time high record, sadly forecast and speculation doesn’t support this theory. And all we can do is to actually wait and trust that ethereum can cone back with a strong bullish trend.
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If i remember clearly back in July Bitcoin showed a bit of an incline when it comes to its value. Hence it doesn’t mean its bullish or have bounce back. From there on Bitcoin coin suffered a decline and currently holding at 6500 resistance more or less. It holds quite decently but does not show any bullish move so far.
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Looks like there are more dumps that the pumps lately, and the values are getting really low nowadays. From the looks of it the market have been bleeding down due tonthis decline. As we know this can trigger a reversal anytime. Given the circumstances of the timeline we should see a movement by before October ends.
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Sa bad when you started the this Thread Ethereum market fell, up to date it is still in the drenched and still declining. Forecast site shows that it will continue to go down. Your speculation for 2509 usd is way out of the analysis or forecast blas of the moment.
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With the current value and yes its not a bad investment, i would personally wait for it to get under 200usd and will go all in. Some where around the mid 100 with be a perfect entry point. ethereum is not doing good according to forecast sites but i trust that it will bounce strong.
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There is still a sttong possibility of a bullnrun this year, though the market is really suffering for a savege crush and we cannot deny it. At the current status of the crypto a lt are hesitant to invest most of the new investors are thinking twice.
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This might be caused by investors cashing out their profits and or diversify their portfolio, by doing both you protect your current assets value and making uour network wide. Less chance of loosing what you currently have and more chances of gaining.
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Normally we should start seeing market incline during the last quarter of the year. At this season friends and family gather and talk about what they’ve been doing, also during the holidays season people spend money and in general that good for the market. All should have an upward trend after thanksgiving.
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Well The major altcoins started to form a strong incline move after thanksgiving and moon towards the end of the year. Lets not forget that new ad life events does affect the market. I am still positive this year we will end stronger than the last.
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Before wentalk about the flip or even the effects of it to the BTC market let try to analyze first. So your speculation was is it possible? Well maybe in tye next 5 to 10 years. But by then There might be a better coin than ETH which will replace the second spot.
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I hate to break to you my friend, but currently ripple is melting. Though predicament for ripple is quite high for the year 2018, it is currently forecast to reach 0.86 USD by the end of the year. Really short of everyone’s expectation. Trusting the the bull will kick kn in the later part of the month to attract more investors.
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If you are only referencing your theory based on the pump and dumps, im sorry but thats not even a speculation not to be condescending but Bitcoin is bitcoin it is on the number one spot because it has been there for a long time, not only that it surpassed a lot of market challenges and is jot only credible but established.
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Yes thats what I would do, inwould convert it to fiat to orevent anymore losses. But carefully re assess count the number of coins that you have and how much will you get in fiat. If you cannot get the same value or number of coins I suggest to leave as it is and wait it out.
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I doubt that Ethereum will die, it just have a stong bearish trend thats it. There are a lot of projects build and being constructed around Ethereum and that what makes it strong. Should it really die one of the altcoins build in it should easily replace its spot.
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Most of tye forecast sites predict med an continuous decline on Ethereums market value. We are really not sure weather ETH can bounce back strong: i have been following the trend of this currency sence the forecast quarter and I believe it might come back strong
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In general putting up an exit plan before you invest is important. Well not if you are looking to Hodl for a several years. If you were able to catch all the praks and with sell tyen rebuy every time it buttoms you should be able to gain more profit with minimal lost.
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Though most of the forecast and predicament for Ethereum says that it will Decline below a hundred, I personally think it will hold at 160,150 or the lowest is 140 dollars, a lot of investors still hodls a good amount of Ethereum and will hodl for some time.
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I speculation the same idea, this current decline that we are experiencing is a part of it, investors are taking advantage of the pump and dump and selling of to be able to buy number of coins. We should see a slight incline movement as we close the month.
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