Market is in Green Again
Finally we have a breather.. Ethereum finally recovered to $310+ Levels.
Market has been really choppy in fast few days and finally we have Green.
Great volume from Korean and Chinese Exchanges (Especially OKcoin.cn) - Korea & China are very hyped up about Ethereum and almost 33% of the volume is from there, so thats a Good sign.
The Ups & Downs are a good reminder that Crypto is still in it's Toddler Stage. A lot of the technology is still unproven, which is why it's still Very Volatile.
Crazy Mood swings of the market.
Till the technology matures, the Ups and Down will continue. A very good time to re-evaluate your portolio. Clean up some of those coins that don't have a solid technology behind them.
Make sure you are knowledgeable about the currencies, so you are not Vulnerable about FUD.
I think Ethereum is too much a powerful force to collapse completely, but will it take a hit? Maybe.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A hit is quite possible. The ICO investors need to be smarter and Not follow Sheeple.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it'll dive right back to 260usd and after that we'll see a surge again. I think the surges of 33% are unsustainable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Spot on, Law of Averages. If It Goes Up Too Fast, It has to Retrace.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ETH will always recover, it's too powerful now to stop. Buy buy buy the dips!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
With the Recent Network slow down, I would be wary of doing that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit