/biz/ - Business & Finance

>>11011942
Definitely don't buy back. Wait for it to go to new ATH before buying, so that you can sell low during the next bust cycle.

>>11011949
I really think your post is redundant. OP is already a pro at going to 0.

>>11011942

i think you made good decision, ETH tanking again, now ETH is $ 198

i think next stop to ETH is $ 150

>>11011942
Good job OP. Buy high, sell low. Then buy back in when it goes a little higher. Then sell again after it dumps harder. The /biz/ way.

It seems like a bad move today, but in the future you'll be pleased to with your decision.

Why sell if you ever had any desire to buy back in at a future price point?

Like, even if you bought at $170, you' be doing so on the idea that it's going back up - selling or holding has the same outcome.

Human mind is so dumb

>>11011942
You just gifted somebody cheap ETH for their staking nodes. People are planting digital money trees in the blood of newfags

>>11011942
If you bought EOS or BTC with it you'll be fine. If you sold for fiat you'll also be fine since ETH is going to double digits pretty soon, but it's suboptimal.

>>11011942
you sold the bottom, but you still have time to buy it back with minimal losses

>>11011942
Eth is going to $7.
But first we're going to bounce to $400.

>>11011942
Now short at leverage.
Seriously, thanks for the image.

>>11011942
god you little traders are so dumb. you sell and the price rises 8 dollars and you regret it and fomo in only to see it drop to 150 in the next 24 hours. jesus have some patience

>>11011942
I just moved most of my stack into ETH.
Reasons
- New lows usually result in some sort of bounce back. Sometimes strong, sometimes weak (aka dead cat), but 9 times out of 10, there is a retrace.
- Shorts on BITFINEX are at an all time high. A slightly increase in value and short squeeze is inevitable. I dunno why people short at the bottom. The r/r is so weak.
- Too many companies depend on ETH maintaining / increasing in value. Companies with way more capital and ability to market make beyond whales + bitmain.

I've sold off alot of my alts into ETH to buy back in. My plan is to keep lowering my sell price on the alt/eth pair to catch the reverse. Put 50% back in BTC / 50% in USDT. May net me 10%, may net me 100%. Dunno.

Only reason to dump ETH right now is if you fundamentally believe it is worthless.Which maybe it is. But I don't think so.

Godspeed anons.

>>11011982
eth is going to pump when they officially announce the hard fork date with 33% inflation reduction

>>11013088
This. If you know anything about trading you know about sympathy plays.
You know that btc and eth mirror one another. You know that btc has been dumping so eth has been dumping. You know that if btc Barts up, eth will Bart up. And, you should know, that because eth dumped much harder than btc, it will bounce harder as well once people start fomoing back in

>>11011942
I actually bought ETH yesterday and my thought was, "I wonder who the fuck I'm buying from? Who is selling this low?"

>>11013737
I rustled through my desk and came up with 100 dollars and bought half an ether, wanted to get something out of this dip. Someone sold me ether at these prices. Fucking crazy. They lost money, whoever they are.

>>11013796
This is how you have to think of it. I've been buying eth since 400 USD, I have another order at 175.

Who gives a shit where the price is now? Think to the future. When eth is back at 1k USD, you think I'm gonna be sad that I bought at 400 and then the price went to 190? Maybe only a tiny bit that I bought half as much as I could have. But fuck it

>>11013847
Must just be the difference in whether or not you are desperate. Desperate people do stupid shit and make life even harder for them selves.

>>11013737
You didnt buy shit, lying faggot

>>11013847
>When eth is back at 1k USD, you think I'm gonna be sad that I bought at 400 and then the price went to 190?
yes your going to be very angry and sad for not selling at 400 when eth reaches 70 usd

>>11013918
I'm not a permabear. If you think eth is on its way to 0 or close to it then you should sell everything now. However, I think you will regret that a decade from now

I'm in it for the long game

>>11014169
i never held eth long term, but i am shorting it, i believe it will have an inverse bullrun

>>11014243

>shorting at 15% ATH

anon pls

>>11011942
it's probably going to go up now that you finally sold. thanks. we were all waiting on you.

>>11014243
It will keep going down, until it doesn't. It's down from 1300 to 200, unless you really truly believe that it is going to 0, I don't think it smart to short. You have a much better opportunity to profit by going long at 200 hoping for 1300 again, than going short at 200 going to 0

>>11014273
>shorting at 150000% ATL

seems like a decent plan

>>11013088

stop. we need to push the price lower first.

>>11014169
Someone post bagholder bingo for me.

You did good. Worst case is it stops at $150 and you made an extra ~20% on your ETH stack if you buy back.

Normal and most likely case: it goes sub 3 digits and the predicted really hard rebounce will happen once it crosses $80 and you more than double your ETH stack.

If it goes back to ATH, you won't have x but 2x. Well done.

>>11014413
Someone post the 100 news article saying eth is finished

>>11011942

I hope you used it to buy Holo because that’s the only way you’ll see big gains. Otherwise, getting out at $190 wasn’t too bad. It’s going to head back below those levels soon as it dies.

>>11013847

If you really think this shitcoin that can’t do what it’s supposed to do and only made it to $1k because of ICOs during the Bubble is ever going back to $1,000, you are retarded. Even Vitalik has said it should be priced in the single digits and sold most of his own stack at $8. ETH is going to slowly bleed back to double digits and die. Why the fuck would it ever retrace?

>>11014599
>fundamentals matter
Why do penny stocks pump +1000% even though they're all shit companies?
Because of fomo. It doesn't matter what you're investing in as long as normies have the herd mentality of "I have to buy now quickly because it's going to the moon". A herd mentality like that can even cause the price of tulips to cost as much as a house

>>11013088
>I dunno why people short at the bottom. The r/r is so weak.

Greed and stupidity, same as fomo buying the top.

>This thread
Now this is what I call REAL FUD.
I got in in 2017, May and in August. I remember september last year.
TA can suck my dick. Ive spent countless hours scalping. I have seen many rebounds.
The rebound after a capitulation is 100% real. Weak hand shaking, in biz terms. I think thats exactly what we are seeing. Arthur wants to see volatily. smart guys want to stack eth and get a Master Node.
Nobody is your friend here.

>>11012107
>EOS
>centralized
>shitcoin

>>11011942
fomo back in for what reason? there's no good news, if anything you did fucking awesome, ETH is going to double digits soon