I have $ 10k to invest in crypto. How do i determine, not the exact lowest price but, the nearabout best price in the current market scenario ? And, what could be the reasons to bring down their prices to less than 50% of it's 2021 highs ? #bitcoin #crypto #blockchain #ethereum #coinbase
ETH in the range of 3300-3400 is a good entry at this point
Best time? 2024
I'd buy at 8k that way you get to 10k faster
It follows the same pattern it did in the last cycle. It’ll have a dead cat bounce back to 3,900-4,000. Then drop back To the 1000’s. It’s always a pattern. But as others have said. Average down.
lol I always buy the dip
And it keeps dipping ;)
and then keep buying so that those who are having at 60k can some day sell
Don’t invest any money based on advise or news articles or analysts predictions. Go to the fundamentals of the asset. Go through their documentation and understand transaction and contract costs on their network, and if you think it’s sustainable for horizontal scalability then invest. https://ethereum.org/en/developers/docs/ As of now, ETH doesn’t look scalable and cost effective. Mining has become exponentially complex and costs have risen from 0.15$ to ~8$ per transaction.
It's actually time to sell. Wait for couple of years to buy.
Probably a good buy if BTC drops to $3k
Dream on!
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Dollar cost averaging