The recent ethereum price crash, and the following surge.

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·@sparkyknight·
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The recent ethereum price crash, and the following surge.
# The ethereum fluctuations
#
With the recent price crash, a lot of people became scared of losing their money, and started selling off their ether, resulting in a massive price drop of about  30%, which surprised a lot of people.

![Etherpic.png](https://steemitimages.com/DQmdK99tAtFf8SkJhbYQ2xijBHtMfkjeAnAtbGTgT8MuxRR/Etherpic.png)

As you probably know, the drop was a result of more supply than demand, on an exchange(GDAX) that offered automatic selling if a price dropped below a certain point.

However even after all of this drama throughout the recent days, ether still managed to take a large leap towards recovery, and that is exactly why, i don't recommend people to sell their ether yet. 

Im certainly no expert, and there are of course a lot of people that are more knowledgeable than me regarding this currency, but i would say that #ethereum is here to stay, because of the groundbreaking concept and function of the currency.

![ETHEREUM-YOUTUBE-PROFILE-PIC (1).png](https://steemitimages.com/DQmP8drcHouPYhUp8vvtq1djtWPBzYioimSjLfZKszqw89L/ETHEREUM-YOUTUBE-PROFILE-PIC%20(1).png)
Image source: https://upload.wikimedia.org/wikipedia/

I still think that we should expect more of these crashes in the future, and because of this it is important, that people know the risk, and what they are getting themselves into, when they are buying into any cryptocurrency for that matter.
Always remember to research the coin before making an investment or trade.

One could say that this is a reverse bubble, which makes the price go down, instead of up, and then go back to the original price or around that afterwards.

So, to sum it all up, i don't personally think people should be afraid, because the coin is probably going up in price again.
👍 ,