@AragornWindbrkr Does the $500–$600 range represent the minimum peak level of Wave 1 or the minimum peak level of Wave 5 (an all-time high) of the next cycle?
@AragornWindbrkr In the worst case scenario if not something even better. Wave 1 lasted 10 years from 2011 to 2021. Wave 3 being larger will last longer, it consists of 3 impulse waves with subwaves and 2 corrective waves with subwaves. Imagine what will happen during Subwave 3 of Wave 3 of SC 3.
@AragornWindbrkr Of course, nothing is a given. However, if this holds true, we will enter the super-cycle Wave 3—a phase that will make everything previously mentioned seem insignificant.
@AragornWindbrkr Not only for ETH but for the majority of ALTS (see others, others dom, others/btc). Since 2021, the entire market has been correcting for the 2009–2021 period. Essentially, we are talking about the conclusion of a super-cycle wave 1 & 2.
@wealthyanon In the context of cryptocurrencies, "investment" refers to spot buying and holding for the long term. You buy low and sell high—just like with stocks or the stock market. Everything else is, more or less, gambling.
@AragornWindbrkr@JenerwinQ@CryptoMichNL Are you simply referring to the ups and downs, or to the conclusion of the entire correction and the start of wave 1 of the new cycle?