(Booming Ether) Investment are subject to market risk.....
....And those who take risk, may get to taste the sweetness early and become richer overnite. Like in case of Ethereum, those who have written it down, suddenly spikes up in last week and making the entire market Green.
Any investment be it equity share, bonds or crypto, trading always is full of risk. Any investment requires a lot courage and guts to take the risk. Seriously, this is the shortest way of getting to millionaire. But betting on market requires a lot of in-depth analysis. But still many fail to understand the mood.
As I failed to encash on booming Ethereum, I do understand taking risk early is always he best thing to do. At $232 I was confused, at $260 I was dark , and now when the prices sky rocketed to $303 in no time, I am feeling the pain as I have done the biggest mistake of not encashing in begining.
The worth of even an Ethereum is too much. The value of one ether is very high in Indian currency, enough to allow me own a nice medium range laptop.
It is always advised to buy on low and sell on high, but no one understand or even predicted to see such a sharp increase on Ethereum prices in a week time. It was a week ago when I saw the prices fluctuating at $232 and today, I saw it crossing the barrier of $303. On evaluating the Ethereum price chart, I do figure out it is on the growing pattern and soon may cross the all time high prices.
Gaining at 8% in last 24h is value for money and soon you may expect the booming prices breaking all the previous Ethereum record.
The upcoming and most favoured Defi technology is the reason of seeing Ethereum in Green, this might be also the factor that is pushing BTC above $9500.
Seriously noone predicted such thing will happen so sooner, but those who had taken the risk and bet on Ethereum is now enjoying the golden moment.
NO RISK NO GAIN
Peace
Namaste @steemflow
These numbers always go above my head @steemflow. :P Buy low sell high is the only thing that works for me.
Haha...that use to be the only investment idea...be it in stocks or crypto....I am just rueing of not making timely decision on Ethereum....may be I could get richer overnite 😉
Coool. I am still learning my way into crypto. Not easy for me. But you learn from your mistakes. :P And maybe someday you will get rich overnight. ;)
Hahah...sure..everyone wants that....but also we need to live in our limitation.
That's true!!!!