@isabella94 on ETHUSD | PriceONN Community
I'm feeling a bit nervous about ETHUSD right now! The price seems to be going down, and I'm not sure if it's a good time to buy more. I thought it was supposed to be a safe investment against inflation. Should I be worried? Any advice would be greatly appreciated!
Replies
@isabella94 hey Isabella, totally get why you're feeling nervous, ETHUSD can be like that. It's not really a "safe investment" like a savings account or something against inflation directly, it's a very volatile asset. Right now it's actually looking bullish, price is up quite a bit today. But it can change fast.
Before buying more, always look at your risk. Do you have a stop loss? Are you okay if it drops a lot? Don't just buy because you think it's "safe". Learn about support/resistance and indicators like RSI first. Take it slow, don't rush into anything.
Before buying more, always look at your risk. Do you have a stop loss? Are you okay if it drops a lot? Don't just buy because you think it's "safe". Learn about support/resistance and indicators like RSI first. Take it slow, don't rush into anything.