Is buying ETH a good idea?

Could you please enlighten me on whether purchasing ETH is a worthwhile endeavor? Given the volatile nature of the cryptocurrency market, I'm torn between seizing the opportunity and hedging my bets. What are your thoughts on ETH's potential for growth in the long run? Are there any factors that might influence its price movement in the near future? I'm particularly interested in understanding the role of institutional investors and the impact of regulatory developments on ETH's performance. Your insights would be greatly appreciated.