lnstinct

5y

Pro tip: always front-run drumpf

Wocky Slush

5y

I bought at a lump sum of 1.2 for ETH. Can’t decide if I should just take a loss and DCA my way up later

lnstinct

5y

If u dnt actively trade chill out

Eth could be worth $5-10k within a few years

donalddrumpf

5y

Hate the game, not the player

Btc weekly rsi was above 90

This is summer 2017

Bob Saget

5y

depends on your financial situation. i bought ETH at 700 and didnt sell even when it got back down sub 200 lmao

Wocky Slush

5y

I bought at a lump sum of 1.2 for ETH. Can’t decide if I should just take a loss and DCA my way up later

0

5y

ETH leading the negative bias now

SPOOKY HOURS!

neon

5y

i noticed the value of my portfolio falling in btc now also

lnstinct

5y

Best advice I could give to newbies in here is to really learn more about what you’re investing in. Does it have a good value proposition & reason for price accrual? What are the competitors, challenges it may face for success etc. The more you know about the asset & you are confident in it long term the more u won’t worry if the price dips.

Also observe your emotions when u see certain price patterns, it can be a great indicator & learning experience for the rest of your time trading.

0

5y

Yes Tether is scary but I don't see how the tokens he mentions like USDC don't just replace it. Coinbase already has a huge monopoly for their services. Exchanges are self-interested to provide legit stable coins and fiat onramps too, Binance will gladly throw Tether under the bus if it comes to that. Look at how exchanges handled XRP. And Kraken an even shorter leash in that regard. I'm frankly surprised they still have USDT there but I'd also assume they have way more insider Tether info than a random Medium article

Obviously the bear case would be a horrible time for crypto and we'd probably see -50% or more in a day in a huge sell off

Everyone smart uses alternatives to Tether nowadays though and not holding it for anything more than transferring value

January 15th deadline passed btw and nothing happened

lnstinct

5y

Best advice I could give to newbies in here is to really learn more about what you’re investing in. Does it have a good value proposition & reason for price accrual? What are the competitors, challenges it may face for success etc. The more you know about the asset & you are confident in it long term the more u won’t worry if the price dips.

Also observe your emotions when u see certain price patterns, it can be a great indicator & learning experience for the rest of your time trading.

0

5y

and this isn't to say that ETH and its ecosystem is any better. the greed and price obsession are just as toxic these days

but at least there is a real development going on and new technology to invest in every day

it's not a finished product and some of the smartest people continue to enter the space and start new projects

that's what excites me more than a $1k ETH price

because 1 ETH = 1 ETH and you can do a lot more with 1 ETH than $1,000 in the future, and this will only continue to grow in utility as we digitize the economy

And I'm not as much as an ETH maxi anymore. Plenty of space for other protocols to grow as well. Lots of cool things coming out from other teams

JayS

5y

Any project you’re excited about?

0

5y

the market's been freaking out both directions for a while

a couple days ago ETH broke its all time highs and people on social media were yelling $2k by what is now supposed to be tomorrow

the same crowds are yelling for sub $1k ETH and sustained selling like everything has changed

just go at this slowly and don't mind the meme posting here. and don't put in all your money obviously because the bears do have plenty of momentum and we all know how that can snowball