SOL - Should You Really Be Investing in Crypto Right Now?
The crypto market is no stranger to volatility, but the past year has been particularly rough. Despite a slight rally over the past several weeks, the biggest cryptocurrencies are still down substantially from their all-time highs.
The price of Ethereum (CRYPTO: ETH) , for example, is down roughly 66% since its peak in November. Bitcoin (CRYPTO: BTC) is down more than 71% from its high, and Solana (CRYPTO: SOL) has tumbled by a whopping 86%.
With some investors concerned that a market crash could be looming, is now really the right time to be investing in crypto? It depends.
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Should You Really Be Investing in Crypto Right Now?