Nowadays, people are buying ETH not as an investment asset, but mostly to earn points in newly launched projects. Most of them refer to it as "retroactive." I do the same,buying ETH just to earn points in newly launched projects.
if I do not participate in the retroactive project, I only buy Ethereum for investment. My collection of top coins is still stored in my wallet because I am waiting for Bitcoin to reach its ATH.
although currently Ethereum seems to be not moving well, but as the second top coin in CMV I still have confidence that Ethereum can reach ATH this year
I think your confidence is very appropriate because, after all that, Ethereum is the best altcoin now. Even though it is now being corrected, it will have great potential and could reach its latest ATH.
So you are very smart to continue to buy ethereum because it is true that you say that Ethereum still gets the best ranking today.
There's no better altcoin than Ethereum out there... or at least that's what they're saying because the only basis that they look is it's MARKET CAP, but take note that there are some altcoins out there that are better than Ethereum ON SOME FEATURES like the transaction fees, the transaction speed, and many other more.
On the flip side, I still see that Ethereum will reach at least $3000-$3500 this bull run season. Forget the $4000 already because I don't think that it will reach that price still at least this bull run. I bought some ETH as well when it was at $1700-$1800, but I sold it at $2100. Made some profit still, but currently, Ethereum's price is at $2300 already so I'm waiting for a correction.
