Bitcoin touches New Highs...Ethereum still lying dormant.

in cryptocurrency •  7 years ago  (edited)

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You guys are probably glued to your desktop screen as much as I am. And why won't you be when Bitcoin is setting records upon records and breaking new levels. It's just too fascinating to see those wild moves. I literally feel like saying;

Jamie ! In your face.. LolzzZ

But can't say it. Altcoin has killed me. So, badly. Don't even ask!

I kinda of feel like left out in this race. But that's not what I am concerned about. I have been into cryptos for long enough to understand the market and how it moves. Where to invest and where not. How you should I spread my portfolio and how not.

But I am suffering because I didn't move as per what I believe. I have always believed that Ethereum isn't a 1000+ USD coin. It may touch the 1k mark but will always somehow remain there or nearby. And I have explained that in numerous of my articles.

Despite those concerns, I entered into Ethereum when it was 350 USD and the worse is I put 70% of Portfolio into Ethereum.

Since then Ethereum has been a lying dormant donkey next to your door that won't just get up no matter how much you kick it.

In fact, the Byzantium hard fork which is considered the biggest even after DAO in Ethereum Blockchain could not lift the currency. I understand that the fork came at a time when Bitcoin was rolling sleeves but what's worse is that it didn't show signs.

Not that I am an Ethereum fan but it's just not living upto it's second position.

Ethereum should justify it's second position in the Crypto coin list.

Let us know how do you feel about the whole current market scenario.

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You are certainly not the only one getting killed in the alts!!! I'm hurting a bit too.. But I think it's time to be a little bit careful with Bitcoin, al least short term, if you look at the charts, real volume is on the downside.. But the trend longer term is clearly bullish!

You are right but Bitcoin recovery is quick as compared to any other. So, I won't care short term or long term. Altcoins on the other hand are acting a bit weird. And that's what makes me a little curious.

I heard Bitcoin is forking again

It is forking .

This post has received a 0.45 % upvote from @drotto thanks to: @banjo.