What's with the Low Ethereum Price Lately

in #ethereum7 years ago


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Ethereum's price has been pretty low lately but don't fret because there is SO MUCH to be positive about with regard to this cryptocurrency that there really isn't much to worry ab out long term. There is this theory out there that says ICO developers are selling off their Ethereum for fear that they won't have the liquidity to fund their projects, but there is no real evidence of any dumping in this manner, so the whole things turns out to be a FUD mess that does keep people away out of fear, which keeps the price down until this particular piece of B.S. clears out. Between smart contracts, DAPS, Ethereum network games like Crypto Kitties (LOOM talking about bringing more games to Ethereum), and more ICO's, I wouldn't worry about the long term price of this very valuable cryptocurrency player called Ether. If you are using a trading bot that trades with Ether as the base pair, the current pricing and volatility relative to Ethereum is a good thing.

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Disclaimer: I am not a financial adviser and take this as entertainment value only. Do your own research. You can make or lose money and only play with money that you can afford to lose. Most people are panicky and weak and lose money when they get in over their heads so be smart. Don't be a buy high sell low lemming.


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