How much ethereum should i buy
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Www.fool.com › investing › 2024/11/09 › should-you-buy-ethereum-whil.
Tldr; Ethereum, currently priced below $4,000, is considered a strong long-term investment due to several factors.!
Is ETH a good investment? Will ETH go up or keep dropping?
[Updated 16 May 2023]
Summary
- We look at the latest ethereum trends, including macro risks and on-chain/flow metrics, to reveal the best time to buy ethereum and the risks of buying ETH.
- For trading ethereum over the next two to four weeks, we are slightly bearish.
That means we expect prices to either stay the same or fall, with more chance they will fall.
- However, we think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.
Is Now a Good Time to Buy Ethereum?
Ethereum is currently amid a cumulative drawdown of around 62% since the November 2021 all-time high of $4,891 and is trading at around $1,820.
It's difficult to say if Bitcoin or Ether will be the better long-term investment moving forward, but if history is any indication, investors can't go wrong.However, the last six months have been more positive, with ethereum up 49%.
One of the main drivers of ethereum price rises is the market’s hope that the Federal Reserve has finished hiking interest rates. However, we think the Fed is not done with its aggressive hiking cycle, and recession risks are increasing
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- how much ethereum can i buy