Looking to invest in Ethereum. Let’s see, Is Ethereum a good investment or not in 2021. It involved risk. Let’s know, You should invest in Ethereum or not.
Who should invest in Ethereum?
Ethereum is a cryptocurrency and Investing in it involved risk. So, Without knowledge investing in it means You are just doing Gambling.
If you don’t have the knowledge and want to invest in it. So, I want to say that please get the basic knowledge like pattern, candlestick, candlestick pattern, Technical analysis, Demand and Supply, and much other knowledge.
If you cannot take a risk, Then stay away from investing in Ethereum. Many people are asking me, Is Ethereum a good investment. The answer is yes If you have knowledge about it as I mansion above.
Is Ethereum a good investment or not in 2021
Ethereum comes in High risk, High returns investment. It means you can create wealth If you invest for more then 3 years. If you have short term goals then don’t invest in it.
Hence, Investing in ETH ( Ethereum ) can create wealth If you can except risk involved in it.
ETH ( Ethereum ) can give a big return on investment. It has the potential to give more than a 20% return on investment in a single day.
Many people are asking me, “Is Ethereum a good investment or not in 2021“. The answer is yes It is a good investment, If you knowledge or not have knowledge get it then only invest in it.
Technical analysis for December 2020 on Ethereum
Now, Ethereum is near $600 It can react like a resistance for ETH. Beware at this level.
According to my analysis, It can go down for some days. So, beware of around $600 price of ETH. If you thinking to invest in Ethereum then wait for the price of $630 after that the movement will be fast.
So, Please wait if you are looking to invest in it. If you have invested then please wait to exit from it if it goes below $515 then only exit because it can stand at this level and then it can give upward movement.
So, it Better is to wait to invest and exit. The levels have been given to you watch those levels will help you to make decisions. If it happens right then support us to grow.
Last word from mini invest
I hope you have got an answer to question related to “Is Ethereum a good investment or not in 2021”. If you have any feedback or recommendation then you can leave them in the comment box below.