RE: Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age

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Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age

in crypto-news •  7 years ago 

Hi Omar, totally agree that BTC is now super undervalue as compared to ETH. I rewind the video a few times to make sure i hear it correctly from your mouth. LOL. I never thought u would say that because u r such an ethereum lover. but its the truth and cant agreed more. I sold 90% of my eth before the big fall a few days ago and convert more to fiat and BTC. I know you are not a fiat currency lover but I intend to redeem my car loan with some of the profits and buy myself a big present with it. Thanks for all the videos and I will continue to be your loyal supporter. Thumbs up!!

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Charts are cool if nothing substantial happens... I hope for you guys who dump everything now in order to buy back for less money, that nothing serious happens to the financial system... in this case you can double or triple by dumping now... if something happens you can be out of the game... it is a bit of a gamble...

I highly doubt anything that substantial is going to happen to the global financial market in the next few years... Nothing as substantial as will make it a bad idea or impossible to buy back into cryto later, anyway.

You might be right.... but debts and derivative levels are at all-time-highs at the moment... A family of four in the US has 1 million USD in debt from their government.... But sure... if no one cares a family of four could owe 5 or 10 million as well... I have been wondering for a long time how worse these figures go before it crashes....

At this point the fiat markets are still much more stable than the cryptocurrency markets... I don't think it's fair to say there's a huge risk by cashing out into fiat in most countries.

LOL- it felt strange to say so, but a reality check is a reality check :)
Thank you so much for the support, lawrence ho- I always appreciate anything you share my way!

Have a wonderful week, brother! Thumbs up back at you

The Flippening was cancelled

Not cancelled....just...delayed for a few weeks, it'll happen. you can bet your sandwich face that its going to happen

Lol...

(he called him sandwich face)

:0

XD Now that looks like a face I can get down with.

ya see what i mean right? might go so far as to call him lettuce lips...but i feel like thats totally out of line

😂😂😂😂

Btc is the best thing that has happened to since the existence of mankind. Unstoppable!

One thing that annoys me about BTC is that transfers can be quite slow. I can't imagine myself paying anything in a hurry with BTC. Different story with LTC or ETH, though.

ETH has some scalability issues to contend with, just as BTC did/does. We saw that with the slow down last week during an ICO.

I'm not saying they won't be resolved as I'm sure some clever folk are working on them as I type, but I don't think with should be writing off BTC just yet...

After corrections, the coins will level up

Hey Omar, I think theres a 3rd view that often gets ignored when it comes to the ether price too long to explain in a comment so had a to write an article on it...

https://steemit.com/ethereum/@wealthyme/ethereum-crazy-price-movements-a-3rd-view

  ·  7 years ago (edited)

dude i am proud of u from starting ut humbly here and BOOM ow ur a steemit whale!
Flippening WIll happen, Ethereum will become the worldwide supercompuer it deservs to be, especialy with RFID dust and nnotech machines , imagine tiny rasbery pies as small as dust!
SMARt dust!

Haha, a good strategy indeed. Better take some profit , diversify and then use the remaining to buy yourself something and having rest of mind even if you lose some money later. Good point indeed

I don't know it's totally true. I'm ok with all the facts about BTC that have been stated (first entrant, number of users etc.). But, don't you think that Ethereum has broader use cases than simply being à cryptocurrency with smart contracts and DAAP? Don't you think that Ethereum prices could be pulled up by the democratization of the smart contracts in the sector of insurance which is one of the most important sector?

Thanks for your videos !

I think eth will go up again.Good time to buy more

I think Eth will go up again for sure, but not before dropping to somewhere in the $100-150 range again first. Market is over-hyped at the moment and Eth needs upgrades to be able to scale properly to take on more load. Until large-scale DAAPs are reliable and possible even under adverse market conditions, Eth won't be able to go much higher than it's been, IMO.

There's no reason not to take profits and get back into fiat. We are all in this for the LONGGGGG HAUL.

HODL fiat, HODL ETH, HODL BTC, HODL Steem, HODL everything!

I'm pretty sure you'll do just fine.

Have a wonderful week !

awww, thanks you too!