Should You Buy Ethereum While It's Under $3,500?
As of Jan. 16, the Ethereum (CRYPTO: ETH) cryptocurrency had gained 37% in a year. It was a wild ride along the way, however, with coin prices ranging from $2,220 to $4,070. All told, the second-largest name in crypto barely managed to outperform a stellar showing by the S&P 500 stock market index over the same period.
Ethereum is worth about $3,333 per coin this morning. I love alliteration and repeating patterns, but the cryptocurrency won't stay at this appealing price for long. (Actually, it's already moved since I wrote down that price -- it's hard to keep up with these volatile digital assets.)
But none of that matters if you're thinking about becoming an Ethereum owner. What does is whether the smart contracts platform is poised to move higher, or whether it peaked 10 months ago.
Source Fool.com
