Whilst many focus on what a stock or crypto currency is doing daily or even hourly it is often wise to take a long term view.
The graphic below shows what would have happened had you invested $1,000 and just let it for 5 years. As you can see Ethereum won the race by a massive margin.
Of course the past is not the future but I remain positive on Cryptos and Ethereum and Bitcoin remain in a up trend and a bull market. Of course there is plenty of short term volatility but if your holding with a longer term investment horizon daily moves will not concern you.
Another idea is to look at a monthly savings plan where you buy a set amount each month. Some months you will get more others less but you will get an “average price” over time.
You can open an account here and start trading with as little as £150, $100 or 100 Euros
In case you had not noticed Ethereum(ETH) is up over 100% so far this year, yes 100% in just over a month. The good news whilst I don’t expect it all to be a smooth ride and yes there will be plenty of bumps I do expect to see Ethereum move up at least a further 100% before the end of the year and that is still an amazing return in a zero interest rate world. Of course, I may be totally wrong but if you have followed my track over the last 35 years you know my averages are rather good, but it’s your money and your choice. How to buy Ethereum7 days a week Use a trusted broker the 2 that I trust are Kraken and Binance.