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2142613 No.2142613 [Reply] [Original]

Sell the rumor, buy the news, right?
Wouldn't that correspond to a mean increase before consensus?
Why is every nonshitcoin tanking in price in proportions never seen before then?
It's enormous, it's like every nonshitcoin over $0.01 big is registering 20%+ losses

>> No.2142627

Everybody wants a piece of ETH.

>> No.2142648

ALTCOINS ARE CRASHING
SELL SELL SELL SELL

>> No.2142651

>>2142627
That makes sense actually, so after the consensus I'm guessing everyone will go back to trading the others?

>> No.2142653

>>2142613

They're all wanting ETH because they realized it's what our entire infrastructure will be built on in a decade and none of the other shitcoins can even compare. I expect it to reach almost bitcoin levels by the end of the year at this rate. Watch as a good chunk of the shitcoin market dies out because of this. Only ethereum (and derivatives) as well as bitcoin will survive. Everything else will die.

>> No.2142655

>>2142648
I literally just realized 50% profit on a shitcoin this morning and then quickly turned it into ETH.

>> No.2142663

>>2142648
This is the time to buy you idiot

>> No.2142713

>>2142655
I made huge profit in the morning and then proceeded to loose it all by not getting on the eth train

>> No.2142732

>>2142713
same thing. Nem will come back betrer and strongee. Nem is to eth what eth is to btc.

>> No.2142761

>holding NEM, Ripple, and NAV
>everything is red
>tfw portfolio still increasing in value due to btc and eth holdings

im starting to get concerned about ripple. is it done or what?

>> No.2142814

I'm expecting everything that isn't SYS, XEM, ETH or BTC to dip HARD. Take a nap then buy the dip guys

>> No.2142832

>>2142613
This is testament to how bad at trading most people in crypto are.

They see eth spiking and think "IT'S GOING UP I HAVE TO GET IN!!!" and take a huge risk dumping everything and buying into this eth spike.

People who actually know what they're doing are buying all these insane panic sells, you'll make a shitload when they bounce in the next hour or so.

>> No.2142846

>>2142653
ETH is the underlying infrastructure yes, but the world still needs all the dapps and shitcoins to be built out.
A lot of these so called shitcoins have extremely top knotch developers behind them and are basically at the top of the game in the crypto world. You think they're just going to all pack up and leave because idiots are selling their coins for ridiculously low prices?
They're pioneers of the new fucking world and you dipshit shortsellers are completely disregarding them because of price fluctuations?
lol
Buy fucking everything

>> No.2142855

>>2142832
See if you just bought at the bottom of that XRP panic sell you made 30% in about 5 minutes with very little risk.

>> No.2142864

>>2142832

Eth is always good to buy in though because it has a history of going strictly upwards and not really crashing but rather just dipping a bit until it goes up again in a frenzy. Sell a shitcoin that has a real chance of losing a fuckton of value is actually not the worst decision. But I think the whole shitcoin market is basically gambling.
Ethereum is more like buying a speculative stock rather than taking a gamble to me at least.

>> No.2142865

>>2142613
Btc rise for correcting. Every one out of the pool.

>> No.2142869

>>2142832
Exactly, you can make a killing buying all these in the red alt coins and selling them a week later. This happens every week yet most people don't seem to learn.