Timing the market is a challenging but an important exercise to understand, particularly when buying ETH on credit. Ethereum’s price movements have been hugely volatile and unpredictable, making it hard to understand whether or not now is a good time to make a purchase.
With the launch of Ethereum 2.0 and Proof of Stake, the future certainly looks bright for this programmable blockchain. However, it is not clear exactly when these software upgrades will be implemented and therefore hard to know when they might impact the price of Ethereum.
For this reason, the short term nature of credit card purchases are very difficult to time effectively. Instead, it may be sensible to “dollar cost average” into a position to reduce variance.