Altcoins News
By James Thorp
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The price of Ethereum is making it to a new paradigm shift. You Tube handle from Benjamin Cowen, with more than 336K subscribers have published about 2021 planning for…
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The data studied is the 90 days ROI from year 2015 through 2020; however, the details are without including inflation and gas fees.
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The channel prescribes that the best part is to focus on the long-term goal. However, acknowledging there is nothing wrong with taking some profits along the way.
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There is a graph which shows the 90 days ROI for 12 months from year 2015 through 2020. It has been see that as the readings for the average ROI for 90 days getting later…
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During June, historically speaking does not appear to generally be the best time to buy Ethereum for those who are looking at the 90 day ROI.
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The 90-day ROI does not seem to be the best for buying in June, July and August.
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Why does it not tend to be the good? It is funny because it is counter intuitive, but a lot of times you will have these major moves by Ethereum.
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Because when you look at the Average 90-day ROI for June, July and August - it just looks like if you buy the Ethereum in June and sell it in September there might not be lot of…
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We recognize right now that we are in a very, very bullish time. The price of Ethereum is just going up very and lot of investors are very happy about it.
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Considering all this when setting the expectation for year 2021, it has been seen that many times in terms of the ETC/BTC the value of ETC has been bleeding.
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Conspiracy theory: Technical Analysis is a self-fulfilling prophecy since all the whales are well lectured about it and follow it accordingly, and they are the ones to move the…
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Warning: Not an investment advice. Just for Educational Purpose! Follow, Benjamin Cowen for intricate details.
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