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Fuck is ETH going to be gaped tonight again
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Date: February 2nd, 2018 10:44 PM Author: boyish blood rage
bcos crypto market and blockchain has gained much more acceptance? ETH @ 10 would imply that blockchain is bullshit which is not true since pretty much every serious organization (company, govt) is looking into blockchain and how to leverage it.
i dont know where ETH will end its slide (600? 200? 400? 500?) but it wont be 10 at least not until some other protocol crushes it.
as for as hold/sell i strongly believe in DCA. if you made YUGE gains in ETH (depending on your personal profile YUGE varies - 100K is YUGE for some college student not so much for gatormo) then you are an idiot if you didn't take out *some* profits. so holding all and selling all is for noobs. toughest part of trading (and why i dont do it) is dealing with gains/losses psychologically. ppl cant take profits or exit in a disciplined manner
(http://www.autoadmit.com/thread.php?thread_id=3880741&forum_id=7#35310715) |
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Date: February 2nd, 2018 11:00 PM Author: boyish blood rage
not really. ground breaking disruptive tech can easily 20X in a year even in stock market. and blockchain is easily that and ETH is the dominant protocol to run the blockchain. nvidia growing 10X 1.5 years is more impressive (considering that IRL valuation is based on cashflow, profits) than ETH's growth since crypto valuation completely ignores cash flow, revenue etc.
crypto is seriously overpriced since ppl were speculating and their interest was driven by chances of MOON but ETH (and BTC to a lesser extent) have a real solid foundation to justify their rapid growth.
20~50 is totally unrealistic and has like 0.01% chance of happening
(http://www.autoadmit.com/thread.php?thread_id=3880741&forum_id=7#35310821) |
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Date: February 2nd, 2018 11:06 PM Author: boyish blood rage
?
i am diversified. i mean i have more $ invested in boring, low risk wellington admiral shares than crypto. the fact i went all in ZIL doesn't mean i am not diversified bcos you have to look at my portfolio as a whole. i consider crypto the riskiest part of my portfolio and i am in there only to MAEK it. not to eke out 25~50%. and since all coins pump/dump with the market its better to concentrate my (limited) crypto capital in one REAL PROMISING low market cap coin that can pump more (10X~20X ) when the market inflates again than split it into 5 eth on 5 different coins.
(http://www.autoadmit.com/thread.php?thread_id=3880741&forum_id=7#35310866)
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