looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
Waiting for cheap coins to get in is futile... better buy now or miss out and cry for the rest of your life
Ether is treading water at .031 while bag holders make up their minds what they are going to do. Smart traders bought in January when the uptrend established and got out at the double top on 3/14. The proper time to buy again is not now, but when/if Ether breaks out above .037 on strong volume and an uptrend establishes again. There may be more money to be made, maybe not. Ether may well be just another PnD the jury is still out.
That's the most ridiculous thing I've ever read. I think the price can definitely correct a little but it can also continue its uptrend to $20. Bitcoin is going nowhere anytime soon and ETH is based on hype (that we can agree on). Every other day there are news that pump the price even higher. In the next days there could be Circle, Xapo, Coinbase looking to add Ethereum and the price can skyrocket to $25 or more. Remember when crossing $10 was crazy?
I will try to buy as low as possible with my BTC (that can be worth half in the next months in my opinion...no way it will reach $500 or more...it's done for). If Ethereum goes back to sub $10 or sub $5 ever again it will be a great chance for many of us to get a whole lot of it...100, 1000, whatever. I'm only hoping to get some crash dumps but sometimes you just need to buy some dips to not lose the train.
Your knowledge of trading is limited sir. There is no rush to buy Ether. If the .037 top is taken out convincingly and a new uptrend starts Ether will have proven it has legs. Until that happens anyone buying Ether is tying up bitcoin in an investment that may stay in a trading range or worse, decline. Remember Paycoin? The first rule of trading is never fall in love with an investment. While you chase cheap Ether because you love the coin I stand aside, ready to invest again if and when the time is right.
I think the safest way would be to have equal parts of both ETH and BTC in your portfolio and not go all in just in case, going back and forward. For me the rest of the altcoins are doomed if ETH doesn't make it or make it, no other way around it. BTC is in a crossroad right now like never before, unless it makes a very important move (not sure what) it can lose half the price real quick in my opinion. On the other hand ETH just have too much hype and interest from all over the place, you can't really compare it to Litecoin or Paycoin come on...the upside potential for adoption is huge, you actually need ETH, it's not just a mere speculation tool or commodity (but it can also be just that, like oil). We have Bitcoin for that too, so for me this is a giant in the making.
I also understand that it can go nowhere but that's what people are after, to invest into something that COULD have the potential to be huge. If news keep coming and BTC image continues to deteriorate it's just stupid to keep denying it. Ethereum had it all clear from the start, they created the Bitcoin companies and developers around the world want. BTC can still maintain value since after all it has proven itself for many years but it will never be massively adopted either by people (this was a huge failure), developers or big companies.
It can of course be a great storage of wealth, like gold, where you move it or buy it from time to time. As a payment system is completely useless.
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it's ok 
