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Ethereum: Buy the Dip?

TheMotleyFool

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It wasn't just stocks taking a hit on Wednesday. Cryptocurrencies also corrected sharply as the market swooned, and Ethereum (CRYPTO: ETH) wasn't immune to the drawdown. The world's second-most-valuable digital currency tumbled on Wednesday, down 9% by the time the East Coast hit midnight.

Where do we go from here? Is this opportunity knocking, or is the door about to get blown in? Given Ethereum's stellar returns through its six-year trading history, the easy answer is to buy the dip. Reality is more complicated than that.

Image source: Getty Images.

Source Fool.com

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