In some ways it's simple, in other ways complex. People who make emotional decisions and try to "buy and sell" usually get shafted.
The key is to buy some crypto with money you can afford to lose and set a simple target. Once it hits that target you sell a percentage, e.g. 10% or 20% and set a new target. Rinse, repeat. If it goes down, or plunges, you don't sell because you don't care - it's money you can afford to lose. That fact will get you through 3 or 4 year bear markets while other people panic and sell, then watch it go up 30x in the next bull. Patience is king in this market.
Another ATH for Eth today.
It was the first deflationary ETH day ever yesterday as well. More ETH burned than produced. That's a big deal on its own and that's ramping up now too. Only cloud on the horizon is all the MtGox BTC being released on the 20 Nov, that's only about 1% of the circulating supply though so hopefully just a blip.
Yeah, hoping for a nice jump today. Already up 5% so far.
It's all about the merge in Q1 next year now, things could get crazy.
Options expiry day
ATH tonight!
Within a few $ of an ATH
Ledger Nano, Enjin wallet, Exodus.
Which wallet you use to keep the coins
Let me know how it goes....
That was some bounce there. A lot of people pointing out the very attractive cup and handle this has made pointing to new ATH next month.
Anyone that's been in the crypto market for years will look at that and see it as a regular Tuesday.
Best advice I can give to people is to know what you're willing to collect on (be reasonable, $40k by EOY would be lovely but let's be realistic) and stop checking it several times a day.
Yeah, seems like everything is way down today. Kind of scary seeing it go so quick, but I suppose it can't only fly up 😂
Jesus this crypto thing is complicated!!!
Temporary, like everything to do with Crypto it seems lol.
Dropped 5% already today.
Now you need to sell it before it goes below where you bought it.
I bought some Ethereum in June, sadly only a few hundred euro of it. But it is now worth a few more hundred euro, which is always nice.
Finally started selling my ETH i bought in early 2017, was always a long term hold for me but can't resist another drop in it. almost 4k a pop I'm very happy
Anyone who bought early July (me!) has now more than doubled their money.
As for predictions, I'd say 6k to 10k is about right. Could go mad if a lot of ETF's get approved
Getting a bit carried away there folks. $40k by end of year (four months away) is completely ridiculous. I'd say $6k and then a prolonged bear market. 😎
You haven't heard of dot and kuasama. Next innovation in crypto will come from this ecosystem because teams can take advantage of the the below and focus more on the product.
6 is reasonable but it could also hit 18 by December.
The market cap calculations get a bit ridiculous at 40K but Id say 10k will get there now on pure meme power, people who want it that high will pump it there.
Id have to sell before 10k though the money would just be too lifechanging at that point to risk it for the sake of greed. Im still DCAing though, ETH just looks like its the winner of the crypto wars, nothing really comes close still, the whole defi industry is built on it.
Yeah, i've no real expectations on it right now, as still figuring it all out, but nice to dream.
Well I for one won't be complaining if it does go to 40, I just need DOT to keep climbing as well
I was thinking ten also, but I'll take 40 if its going 😁
Maybe 10k
Right, so i was gifted some Eth today and spent the last few hours just reading through posts here and looking at the value go up.
My head is filled with visions of 40k Eth by Q4 this year, which is assume is the same for everyone 😂
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