Have a look at the daily chart, feedback is appreciated:
usurbrainnow
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Hot steaming cup!
MLopez283
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Is Ethereum on the rise? I am thinking of investing and it seems like it's a good beginning. It's my first time ever investing
BLACKNOVA
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@MLopez283, trading cryptocurrency is unforgiving but can be very rewarding. Just realize that you can lose your money just as easily as increasing it. Do research on Ethereum and why it might be useful/valuable before investing. And even then, understand that crypto is new territory and can be extremely unpredictable, even after it seems to be following news or patterns. Investing in traditional stocks is generally a safer option. The same risks and reward apply, but on a slower timeframe and with better support in trading platforms.
Once you are comfortable with stocks, I would recommend ETH (not investment advice, just my general opinion) as I believe it is a valuable platform/technology and a leader in the space. You may curse me if ETH skyrockets in the short term, but if you want to be lucky, go to Vegas! Know the difference between trading and investing.
As for whether or not now is a good time for ETH, I believe that it is ready for more upward movement in the mid-term, but could rise OR fall in the short term (again just my opinion). I'm very bullish longterm.