ETH Tanking again

in crypto •  8 years ago  (edited)

eth 62417.JPG

Glad I pulled out last night.

There's been strong support at $300, but lately, who the hell knows what is going on.

A whole lot of WTF...

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

It goes up. It goes down. A month ago it was $193. Then it hit $400. Now it's about $300. Getting out now because it's dropping is most likely shortsighted thinking. I'm sure it will be over $500 a month from now. I bought some at $170 and some at $340. I'm not that concerned.

  ·  8 years ago (edited)

Well I trade, I'm not all the way out, just trying to increase the amount of ETH I have from what I invested 2 months ago. I started with $1200, sitting at $2400 now. Not bad in 6 weeks.

Are you trader or investor or bit of both. I am seeing this as as a wedge pattern? at what price would you get back in?

  ·  8 years ago (edited)

I'm definitely no investor. When I started trading I had zero clue what I was doing on poloneix. I started with essentially play money for something to do at work, I never anticipated my meager investment to triple in a matter of weeks. It was an expensive learning curve, especially on poloneix. It wasn't until I got a buddy into crypto, that's been a stock guy for a decade, he said polo was like a forex market and to get out of it ASAP. So luckily I found GDAX. I started with 8.4 ETH 5 weeks ago on GDAX, holding just under 7.8 ETH now. So Ive yet to break even, but Ive learned a lot, so Im ahead.