Is Now a Good Time to Buy Ethereum?

Photo of author


The stock and cryptocurrency markets have been falling this year because to rising inflation, central bank hikes, and the increasing risk of a worldwide recession. Since its all-time high of $4,891 in November 2021, Ethereum has fallen around 80% to its current price of under $1,000.

In this blog, we will talk about what is the good time to buy Ethereum for yourself and what will Ethereum be worth in 2025 or later. So, let’s start!

In the previous six months, ethereum has dropped by 47%, making it one of the worst performing assets. The decline may be attributed to the unsettling news that price increases have been ingrained in the US economy as a whole, as well as to the continually high inflation in the country. One such trend is the wage-price spiral, which has just come into effect.

As long as inflation is high, the Federal Reserve will need to maintain its policy of gradually increasing interest rates. The cost of borrowing rises, demand falls, and stocks and cryptocurrencies suffer as a result of this contractionary monetary policy. Additionally, it raises the possibility of a recession.

The merging, which saw Ethereum go from proof-of-work to proof-of-stake, took place on September 15, 2022. The upgrading to the network went off without a hitch. The event was supposed to raise ETH prices, but it was unable to reverse the general bearish feeling that has persisted in the cryptocurrency market this year. Even worse for ethereum was the November bankruptcy of crypto exchange FTX.

The likelihood of a recession is rising, and we do not believe the Fed is through with an aggressive raising cycle. This indicates that the crypto market is feeling the pressure from the macroeconomic environment. The issue for 2022–2023 is, then, how low can cryptocurrency go? To what extent have prices been drastically discounted, if at all, and is further, material decline still possible?

For ethereum as a whole, the macro environment is now unfavourable. We evaluate many impartial Ethereum on-chain/flow measures. In the immediate term, we see a range from neutral to bearish for ETH. For this reason, investing in Ethereum at this moment would not be wise if you want to hold the coin for less than four weeks.

Is Ethereum a Good Investment in 2023?

After seeing its value increase by thousands of percent since its inception, many people are wondering whether they should put their money into Ethereum. We finally found the solution after hours of studying the issue in depth.

The number of programmes using the Ethereum network is expected to skyrocket as the cryptocurrency industry develops. It stands to reason that this will cause a surge in ETH token purchases, which will drive up the token price. In addition, the introduction of sharding in 2023 would greatly improve the network’s speed, providing even more incentive for developers to create applications on the Ethereum platform.

Based on our analysis, we believe that Ethereum is a sound financial investment. Ethereum’s price may be highly volatile in the next months, but it may do pretty well in the long run.

How Ethereum Has Performed Since Launch & in 2023

Since its debut in 2014, Ethereum’s value has increased steadily. Investors that held on to the asset for a long enough period of time certainly saw substantial returns as a result of its growth. Since a result, ETH is a fantastic long-term crypto investment, as investors may make a return regardless of when they purchase the cryptocurrency.

In order to break even, investors who purchased the asset at its 2018 peak would have to wait until at least 2021. When the price of Ethereum (ETH) reached its all-time high, investors could have earned returns of almost 275%, or 91.66% per year. In addition, investors who bought at the 2017 peak would have had a return of 482%.

It’s true that someone who purchased Ethereum (ETH) at the height of the 2021 bull would be down around 75% at today’s rates, but given enough time, particularly in light of the recent enhancements to the Ethereum network, which substantially enhanced efficiency, that person may end up achieving large gains.

Investors who bought in during the downturn in January 2022 would be down around 53% now, but after holding for a few years, they would see annualised gains equal to ETH’s previous run. So, ETH could be the best coin to purchase during the current market downturn.

  • Ethereum’s value has surged by thousands of percent since its inception.
  • In 2018, an investor who bought Ethereum at the peak in 2017 would have had a return of 482%.
  • In 2018, an investor in ETH would have had a return of 91.66% on their initial investment.
  • When it reaches an all-time high in 2021. The price of ether (ETH) has been falling consistently.
  • The Ethereum price dropped in 2022 like the rest of the market.

How to Buy Ethereum

1. Choose a Cryptocurrency Exchange

If you want to buy cryptocurrencies, you’ll need to utilise a cryptocurrency trading platform rather than a bank or an online brokerage like Fidelity or Vanguard. There is a wide variety of bitcoin exchanges available, from simple platforms to comprehensive trading dashboards.

Considering Ethereum’s widespread use, you can purchase ether on almost any cryptocurrency exchange. However, you’re better off sticking to larger, more reputable marketplaces like Coinbase, Gemini, or eToro. Ethereum is also one of the few cryptocurrencies that can be purchased using fiat money via services like Venmo and PayPal. It’s important to compare platforms before signing up, since they may have varying costs, levels of security, and other services.

2. Fund Your Account

Creating an account with a cryptocurrency exchange would most likely include revealing some personal details about yourself and undergoing some type of identification verification. Once you do so, you may link a banking option like buy eth with debit card or online banking to your account to add funds. There may be a price variation depending on whatever approach you choose.

Just because you’ve funded your account doesn’t imply you’ve truly bought Ethereum; you shouldn’t treat your Ethereum wallet any differently than any other investing account. In order to make a real investment, you will need to buy Ethereum.


Is now a good time to buy ethereum?

We have a neutral to negative outlook on trading Ethereum for the next two to four weeks. Because of this, we anticipate that prices will remain flat or decline. We believe that recession concerns constitute a threat to ETH for 2022-3 in general, and as a result, now may not be the greatest moment to purchase ethereum if you have a medium-term perspective. As a whole, we are positive about ethereum as an investment for the next three years. This suggests that, over the course of time, price increases are anticipated.

When was ethereum at its lowest?

In October of 2016, the cost of an ether token dropped to a record low of $0.41. There have been other significant price increases in Ethereum since then. The first one occurred in 2017–8 when it reached a high of $1,400. From then until the beginning of 2021, it hovered at a low of $300-$400. Starting in January of that year, rising optimism drove the price of the coin to far beyond $4,000. In the last minutes of 2021, ETH finally surpassed this mark, extending its ascent to $4,780 in November of that year. Since then, the value of ETH has fluctuated wildly and mainly declined. Prices have recently stabilized at around $1,080.

What Ethereum be worth in five years?

While it’s impossible to know with certainty, ETH might be worth around $4,733 in 2025 and about $6000 in five years’ time, thanks to the rising popularity of cryptocurrencies and the planned enhancements to the Ethereum network.