Let's see what November brings.
I'd say we get more than this. €8K is possible
Its funny, I traded nearly 1 ETH a few months back, into a few other coins, and realised today that for all the time and effort (and sheer luck), if i'd just left if all in ETH i'd have exactly the same amount as i do now.
Bit of a waste of time, but sure its all fun and games. Not touching what i have left though.
Cant trust a word out of their mouths but thats pretty big from GS tbh...
Im the same as you, reading Ethfinance over on Reddit everyday Im always kicking myself for not getting onboard with all the DeFi tokens/levels/layers etc in the early days, people are cleaning up but tbh in order to get in I would have had to liquidate a few of my precious ETH and would probably be just down or breaking even by now, I bought my first main stack in the €200 region, I would have to have been seriously lucky to beat that performance with any other strategy except hodl.
And a new ATH as I typed that^.
New ATH again today.
It’s flying currently 🚀😀
Will you sell is the question...new fund launching around Dec 8th so itll keep going for awhile yet....
I swore during the dark bear market days if it ever got back to 2017/18 spike levels I'd sell immediately, currently my portfolio is worth 6X what it was then 🤣
Will you sell now 😜
Its gonna fall back in a few weeks....i dont think theirs any real competition...it is used and its use is gonna grow and other projects are running on it. 3rd upgrade coming early next year. Its here to stay. It'll come down to let more on board.
Similar boat. I sold 20% of my eth at around $4500. You don't have to exit entirely.
should check price in btc before...we are in 6 months consolidation...4500$ is still in undervalue
Exactly. Quite a few seem to forget that they don't have to sell everything at once, it can be sold in portions. Once sold it can also act as a hedge, because if there is a major crash (or deep bear), then it can be rebought at a lower price (if desired)
Selling a percentage can also reduce the pressure/stress associated with holding sizeable amounts of crypto. Simply holding the stuff creates background stress - exchange risk, software/hardware risk, hacks, malware, forgetting passwords, losing files, changing phones/PC, etc, etc.
After making mistakes and miscalculations in 2013 and 2017 the whole "a bird in the hand is worth two in the bush" saying really rode home.
I've looked at price in btc just now. Care to elaborate?
No interest in hearing about consolidation tbh. TA is astrology to me.
I think taking profit at an ATH is never a bad idea. 30x is decent returns for me. I missed the last ATH in April (timing the market is impossible), this feels like a second chance.
Taking a profit at any point is never a bad idea. Holding for the sake of holding serves no one.
Guess it depends what you want to do with it. If it's to hold in fiat... it's arguably not a great idea.
I just said is good to check price in btc first. I'm happy you are happy with your profit.
I think it was a major financial error not getting familiar with using all the L2 Ethereum stuff, looks like some serious missed gains there, the airdrops alone for the likes of ENS and a few others are serious money. People on Reddit up by 5 figure sums just because they set up a wallet.
Also more ATHs today, getting scary now...
Just had a quick scan around Reddit... saw someone received a drop of 30k+. Insane.
I wonder where they got that information, or if it was just by chance.
Apologies, I didn't mean to come across snarky. Whats the point of checking eth/btc price though?
All time high on ETH/BTC is at 0.15 BTC you took profit about at 0.07 BTC. Do you think Ethereum will not gain strength in bitcoin valuation in this cycle?
If ETH will reach 0.1 in this cycle and BTC will stay on 65k you can sell Eth for 6500, if eth will stay on 0.07 and BTC will go up to 100k you can sell at 7000$ per ETH, if ETH will reach 0.1 in btc valuation but BTC will be for 100k ETH will be for 10k. am I right?
Always check alt/btc chart and see momentum. visit tradingview.com and check chart not on daily candles but weekly and monthly
0.1 is fairly optimistic though, don't you think? Hasn't been that high in 3/4 years and has barely reached 0.08 in that time.
Check ETH/btc tops in June 2017 and February 2018. For me there is still room to go up.
Both of those are 3/4 years ago though, that's a long time in crypto. I agree eth has room to gain on btc and it's one of my biggest holdings, but there's plenty of question marks with the merge taking a long time and plenty of competition, whereas bitcoin doesn't really have those issues.
I don't think there is any reason to believe that the relationship between eth and btc will repeat in a predictable manner
Pretty sure they will both eventually go up in price.
interesting
Getting spicy once again!