How about deriving returns even in bearish cryptocurrency trend? A run through on triangular arbitrage opportunity:
We have been noticing blood bath in the cryptocurrency space, as BTCUSD slides more than -18.19% this week, while ETHUSD tumbles about -27.43%, and so is the case with LTCUSD to show more than -25.77% dips.
Wouldn’t you astonished you can still...
As a holding pair, it is expected to go up with a positive correlation both for short (within 2 weeks) and long term positions (past few months). Even after the Ethereum updates, Litecoin may expect periods of more stable positive growth due to the fact it is more based off of Bitcoin's infrastructure. Ethereum though is advanced in its own way with smart...
ETH has been too high for too long.
I would not be surprised if ETH loses it's #2 market cap position on this correction.
If you like ETH and you want more. Get out and wait a few weeks. Or stay in and wait to buy more later.
Under no circumstance should you buy ETH right now. Bad Idea!