ETH sheep, buy now?

[Nevaehp]

 Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

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[zasad@]

It depends on which strategy you want to apply. If you want to engage in short-term speculation, it may be better to look for another coin. If you invest for 3-5 years, then buy Ethereum for $ 100-200 or more every week. This is the safest way to invest.
I'm looking forward to ethereum at $ 5,000 per coin this bullish season.

[Nevaehp]

Oh thank you for your input. That makes sense. Gratitude

[Cappex]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

that's right, if you are looking for speculation in the short term maybe ethereum has reached a price level that will prevent big gains while there are other projects that could grow in a more efficient way.
in the long run I believe that ethereum can easily be considered a store of value even if its supply is infinite (perhaps it will become deflationary with ETH2.0)

[dihari]

I agree if the price looks too high now. But If you keep thinking like that, you will never ever jump in to the crypto investment. While you wondering to buy it or not, the price keep moving. Just read all the fundamentals, or simply think about its potential after eth.2.
If you still doubt it, move to other coin.

This is not a financial advise, please always do your own research.

[Vaculin]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

I tell you not to get in FOMO because buying now is just like you are trying to catch the flying bird. Maybe you have to wait a little bit when it stops flying.
If someone tells you that buying is ETH is good, yeah, your friend is not wrong but I don't know if he/she tries to warn you or suggest a time when to buy. Because this time is not a perfect time for ETH, the price is too high, and I'm afraid it drops after you bought some. So this mean that buying it for now is a higher risk of losing rather than making a profit.

[YuginKadoya]

Many are aiming for the top 10 cryptos to be invested with, I really think this is the right thing and ETH is in 2nd spot in the crypto ranking if you want to invest for the long term then Aim for the top decentralized coins and stay away from centralized one or Stablecoins, because they aren't really changing their value that much, but if your looking for a thrill or risk in your investments then invest with new coins mostly the popular one are running under Binance Smart Chain.

[xmonkeyx]

now the price of ETH is very high but no one knows whether it will continue to increase or will the price go down again.
If you want to buy it depends on your trading strategy if you believe that one day ETH will continue to increase in price whenever it is the right time to buy. and now if you want to trade on a daily basis it is also great to see the very good ETH moves lately.

[kawetsriyanto]

If you don't want to be trapped after buying ETH, you are better to wait for the next dump or correction. You must see there will be some dump or correction after the price of ETH increases. Read the price graph, don't buy once the graph shows you it is at the top of the current pump. Just be patient to wait for a safer time to buy.

[teosanru]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

If you don't want to be a sheep then wait for next retracement in the 4h or daily chart. Market of Ether is too over bought as of now. It has given a good rally of 20% in past week. Market of Ether would definitely come down till 3000 area so if you are looking for investment this can be a good area to keep your buy orders. I just made a mistake yesterday when I tried to buy Ether at 3600 thinking that it's breaking it's all time high but ended up being a sheep when prices came down immediately. So 3600 is a good resistance which won't easily break. Try to buy any downward move that comes after we fail to break this resistance.

[CaVO32]

now the price of ETH is very high but no one knows whether it will continue to increase or will the price go down again.
If you want to buy it depends on your trading strategy if you believe that one day ETH will continue to increase in price whenever it is the right time to buy. and now if you want to trade on a daily basis it is also great to see the very good ETH moves lately.

It may be high today but looking at the potential of eth in the next coming months, especially this July, the probability that it will go up more is very high. So this $3k+ level will not be high anymore. So it really depends on the OP how he look at ETH platform. Does he believe that ETH will stop increasing today or has the potential to grow more? I believe the latter. Also, it relies on how long is he looking to invest on this project. Is is just for short-term or long term?

[cryptoperkele]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

That's a joke and doesn't really mean anything, it's referring to the fact that we all would have done that in hindsight. But whole TA is prediction game and no one really knows when the price is "up" even when it has gone parabolic because it might have just broke out for a new price discovery. If you have a marketcap price in your head you think it can reach, buy now and sell then. If you think it's overpriced, buy later when it's cheaper.

[btcltcdigger]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

Well, you're definately have the correct mindset.
Problem is, we're in the middle of a bull run, so it might go up even more (some say up to $5k or even $10k) aand then, we might see bear market tomorrow and everything goes down sub $1k

[decodx]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

If you are going to buy low and sell high in a short period of time, then you should avoid buying at ATH. No one can predict where a coin’s price will be in the future.

However, if you believe in the project and think long term, then it is worth the risk because the general sentiment is that the ETH token's price will continue to rise. But remember, always DYOR and never invest money that you are not willing to lose.

[Bitcoinjheta]

Looking at the ethereum movement seems pretty good for short term way aiming to increase the price at $5,000 who would know? But these are only my opinion i can share you my friend it all depends on your research and strategic way of making profit.

[imran101]

Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?

At present, you can invest in any other coin without buying ETH. There are many good projects in the present that will help you to make a good profit in the future. ETH has already crossed its maximum high so it is better not to invest here at present.

[infarterr]

The current ETH price is indeed on the rise and is above the previous year's price, if you want to trade daily maybe you can take advantage of this moment to make a profit, but if you want to keep it for a long time it's better to wait for the end of this bull run situation.

[shinratensei_]

If the price was going up even higher and what you can do to bet your money or waiting for the dip to come soon. There will be an update for ethereum next month. Once this update will become a successful update and then you will see that if ethereum will shot even higher than before.
The best thing should be waiting for the dip right now consider ethereum doesn't even face another correction and this is your chance to get into the ethereum.
be patient and it may come very soon.

[Distinctin]

Looking at the ethereum movement seems pretty good for short term way aiming to increase the price at $5,000 who would know? But these are only my opinion i can share you my friend it all depends on your research and strategic way of making profit.

Yeah, who would it continue to reach $5k, but also who knows if it drops after OP bought it. If we buy at this current price, we are definitely facing a huge risk and higher chances of losing. If we don't want to fall into the trap, the wisest thing to do is to wait until it slows down.

I suggest to OP not to get rush and I hope he will be thinking it seriously before making a decision so he will never be regretting after. He is not wrong of choosing ETH but it was not a good time to acquire it.

[Midy]

Seeing that the current ETH price is too high, it is very risky if investing in the long term and it is not recommended, you can apply the day trade method to invest in ETH, if you are still in doubt you should first switch to another altcoin which price is still affordable and also has a bright future in cryptocurrency investing.