Ethereum (ETH) is the second largest cryptocurrency in the world. At the time that I am writing this article, the price of ETH is currently $ 1330.06. Last year, the price of ETH almost made it up to $5000 but eventually, the whole market crashed and all cryptocurrency prices have fallen deeply.

Ethereum's price dropped below $1290 on Monday Morning, which is the first time since July this year. It eventually climbed up but fell back again. If we look at the crypto market as a whole picture, everything is down since last year. Whether it is Bitcoin, Ethereum or Solana. In my opinion, the price of Ethereum can go further down this year but will eventually climb back up in the first quarter next year.

For this reason, I am trading to earn as many Ethereum as I can whilst the price is still 'low'. So to answer the question of whether Ethereum will go up or not, the answer for me it is definitely Yes, it will go up. However what is hard to predict is when will it happen? As an investor, it is very important to know when to take out your money. Because, once the price goes back up next time, it will eventually fall back again when people start to take profits. 

If I had cashed out my Eth last year, I would have been a retired man right now, travelling the world. My portfolio was like 5X return. Now I will definitely wait for the next bull run and hopefully have a young and happy retirement. Well, the thing is once you see something going up, you will believe that it will keep going up and that you should hold it. Unfortunately, it does not always work like this. 

I would suggest that you plan your target to take profit and be very careful about being greedy and fearful. We have an index which is called the greed and fear index for that. I buy when the people are fearful and sell when they are greedy. Someone said something about this but I do not remember who :D.

Well I thank you very much for reading my blogs. In case you read till the end, I have one question to ask - Would you be interested in reading about travel blogs on Publish0x? Please let me know in the comment section.