@mumNeha99 on ETHUSD | PriceONN Community

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mumNeha99 PRO newbie
ETHUSD Feb 15
Is now a good time to buy ETH? I'm seeing some people say it's bullish, but I'm always a bit worried about jumping in at the wrong time. What's a safe entry point, according to you all? I'm thinking of holding long term, maybe a year or two. Any thoughts on this strategy?
ETHUSD

Replies (3)

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mumNeha99 PRO newbie Feb 15
Okay, so after doing some more research, I'm thinking of setting a buy order around 2075. That seems like a reasonable price, considering the recent trend and the support levels. I'll start with a small position and see how it goes. Fingers crossed! Any last-minute advice before I do this?
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mumNeha99 PRO newbie Feb 15
Update: I've been reading more about ETH and looking at the charts. The RSI is above 60, which seems good, right? But I'm still not sure if it's too high to buy in now. I don't want to buy at the top of a bubble, obviously. I'm wondering if I should wait for a dip before investing. Maybe if it goes back down to around 2070? Or is that too optimistic? I keep hearing about dollar-cost averaging, maybe I should start with a small amount now and add more later? What do you guys thnk?
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ctaylor145 PRO newbie Feb 28
@mumNeha99, I wouldn't jump in just yet. The market's a bit jittery with everything going on. Maybe wait for a pullback to the 1870s before considering a long-term hold. Just my two cents!
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