Ethereum Just Broke $1,000
Well, we finally have it. If you've been playing on Coinbase for your Ethereum, you've probably been watching it teeter between $930 and $999. As of just a few minutes ago, Ethereum broke through $1,000.
My first thought was that it was going to fall, and fall fast. But instead, it did the exact opposite. People began to catch on and buy more Ethereum.
There had been a lot of twitter activity for Ethereum, with many folks leaving alt coins and returning to the known safe bets, like Bitcoin, Ether, and Litecoin, all readily available on Coinbase.
I'm really curious as to where it's going to go from here. My first thought is that this is going to head back down before it climbs again. But crypto is weird like that, and as we saw with Bitcoin, the sky is the limit. I'm in no way saying that Ethereum is going to hit $15k, but I wouldn't be surprised if it keeps growing as the suggested alternative to Bitcoin.
With coin going this high, I certainly don't think that this is one to sell now that it's hit $1K. If you bought Ethereum when it was super cheap and are winning big (like, real big), then hey, I don't blame ya. But if you need a safe bet, I'd be long on Ethereum. Hold it or buy it.
DISCLAIMER: None of the following is intended to be investment advice. These are only my opinions. Full disclosure, my links to Coinbase include referrals. It actually benefits you to use them because we will both get an extra $10 worth of BTC for free if you deposit at least $100 to Coinbase. Thanks in advance if you follow the links when you make your accounts — and even if you don’t, I hope this guide helps you out!
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