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RE: Ethereum Is in Trouble! Ethereum Classic Will Save The Day!!!

in #bitcoin7 years ago (edited)

Look at the graph for Ethereum. It's now back at the level it was just over two weeks ago - and at that time it had already been on the end of large growth in value.

I had to invest in Ethereum because I didn't want to be left behind if Bitcoin somehow became the second cryptocurrency. However, as with all rapid increases, especially on the back of a previous increase, it was obvious that this is just hedging bets. Just look at graphs of most major cryptocurrencies - we see the same patterns over and over again.

At this present time my investment in Ethereum is making a loss, but, it is no major surprise that Ethereum has fallen. In all probability it will rise again, as most cryptocurrencies usually do.

It must also be noted that the market (against Bitcoin) is itself falling heavily. Remember, the investment in cryptocurrency has been phenomenal over the past few months. A little volatility is something to be expected.

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