It's only bad if you bought in at the peak expecting it to keep climbing.

ETH price fluctuates wildly. The latest dip had no real connection to any news, all speculation.

My advice: If you believe in the tech, buy in. If you are looking for a get-rich-quick investment, be prepared to lose a ton of money.

The only tech you need to technically believe in is that blockchain could be used as a currency - which it already does act as, and then it is a matter of adoption.

Which blockchain? In the long run, most likely a blockchain would be used as a currency and it will have a quite large market cap, and the others will be near zero.

Indeed, which, and how does that winning blockchain algorithm allocate value. And will it be society as a whole that decides or the people who will gain the most value from their blockchain being adopted - with current algorithms making the earliest adopters have more value/other peoples' wealth transferred to them?

Does that make it a good time to buy?

It certainly makes "yesterday" a good day to buy.

yes