Do NOT Buy Ethereum Until You See *THIS* | Quant Analyst on Bitcoin Crash, Wyckoff Theory, & MORE!
Welcome to Quant Analyst.
Today, I’m going to be talking about Ethereum and why you should not buy it until you see this.
The first thing you need to understand is that Ethereum is different from Bitcoin. While Bitcoin is a decentralized digital currency, Ethereum is an open-source, distributed computing platform that uses blockchain technology to create and execute decentralized applications.
The second thing you need to understand is that Ethereum has been extremely volatile lately. This is due to the fact that the Ethereum network has been facing scaling issues, which have caused its price to fluctuate wildly.
The third thing you need to understand is that the Ethereum network is currently undergoing a number of upgrades that are designed to address these scaling issues. These upgrades, known as “hard forks,” are expected to be completed in the near future and could potentially have a positive effect on the price of Ethereum.
The fourth thing you need to understand is that the Ethereum network is still relatively new and there is no guarantee that these upgrades will be successful. Therefore, it is best to wait until these upgrades are completed before investing in Ethereum.
The fifth and final thing you need to understand is that the Ethereum network is subject to the same market forces as any other cryptocurrency. This means that the price of Ethereum could go up or down depending on how investors view it.
In conclusion, it is best to wait until the upgrades to the Ethereum network are completed before investing. This will give you a better understanding of how the Ethereum network works and how it is likely to perform in the future.