RATE Group | Is Now A Good Time To Buy Ether?
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Is Now A Good Time To Buy Ether?

13 Sep Is Now A Good Time To Buy Ether?

Posted at 09:01h in Ethereum News by

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Ether prices have fallen sharply from their all-time high. Is this a good buying opportunity? Credit: Getty Royalty Free

Ether prices have taken a beating lately, repeatedly hitting fresh, annual lows in recent weeks.

Earlier today, this digital currency, the world’s second-largest by market capitalization (market cap), dropped to $170.26 on CoinMarketCap.

At that point, it was down close to 90% from its all-time high of more than $1,400 in January.

[Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

After the cryptocurrency suffered this sharp decline, is now a good time to buy ether?

Several market analysts weighed in on this question.

Valuing Cryptocurrencies Complex

Valuing digital currencies can be difficult, as not everyone agrees on which fundamentals to use and how much weight they should be given.

“There…

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