Myself, I think that Etherium has some ways to go
The illusion of the dip which is actually a crash enveloping as you described, even has you fooled.
There aren't many pumpers. There is stoat posting from numerous accounts he purchased. Minecache is stoat.
Then there are the rest of you, who hanging on for it to go higher before you sell. Which is exactly the top of a bubble when you all can't buy any more because you are all-in.
There won't be new millionaires announced and a long drawn out bubble as for Bitcoin in 2013 (there isn't that much money being actually injected, rather just insiders buying from themselves). This will be a short-lived pump because it has no fundamental support. Just a bunch idiots calmly thinking they won't be the last man out the door, when 1000 to 10,000 speculators fight their way through one exit.
I suppose the upcoming implosion of ETH will clean out the altcoin sector, because very few will have the remaining money and nerve to buy any risky altcoins. And yeah I know ETH isn't risky at all.
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
Well, I'm doing something similar with Factom - only, my holding period is years. Call me whatever, but Factom has a straightforward use case that's already being sold.
But that's just me. I can see someone using Etherium (or an ETH clone) as a kind of savings account to HODL profits or savings from the fiat world. In fact, I have ~5000 Shift (SHF) that's essentially free coins because I sold half after a double. Bought ~10'000 below 500 satoshis, sold 5000 above 10'000 satoshis, so I'm HODLing with house money.
I admit that, dollar-wise, my bag isn't that much - but it is exciting to have skin in the game.
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
You have 0.5 BTC invested and you think your opinion is worth anything there
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Unless you have more than lunch money invested, you have no risk thus you have no need to be cautious.