Investors Anticipate Ethereum To Breach $400

As an investor in ethereum, I cannot wait for its price to return to $1200 and achieve even greater highs. Ether has done an excellent job scaling up along with bitcoin, and is right on the brink of breaking the $400 marker. In my opinion, there are a few different factors which point at the inevitable increase of ethereum's price.

One of the signs pointing to an oncoming bull market are the recovering markets across the globe. It is no question that COVID-19 has disrupted the growth of various assets, including cryptocurrencies. There are now glimpses of regular life returning after months of quarantine, chaos, and devastation. This has not only brought positivity back to people, it has brought positivity back to bitcoin, ethereum, gold, silver, etc.

I try not to worry when the price of bitcoin and ethereum go down, I look at it as an opportunity to buy that asset at a discounted price. A strategy that I have recently started is earning passively while the price of cryptos is high, and buy when the prices are low. Along with this new strategy, I have also started buying $10 worth of bitcoin per day and I plan on discussing this further in a future post.

Posted Using LeoFinance