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2380262 No.2380262 [Reply] [Original]

Who here thinking about shorting ETH?

Of course it's going to go higher than what it is eventually,but its a major coin that has had a 20% jump in one day. Probably soon to be 30%.

There is a lot of emotional investing, and with that, panic selling. I am thinking after close to a 30% profit from some new investors, they may cash out for the quick gains. From there, it quite possibly could go down hill as would any natural correction.

It will certainly rise back up with the next week, but this musch of a spike this fast is due for a bit of a dip.

I am thinking of shorting around the 30% mark. about $375. Maybe a bit before.

Thoughts?

>> No.2380340

I'll probably short just enough to get some groceries for the week, don't wanna risk much more than that because I'm worrying eth is hitting critical mass for a few days.

>> No.2380341

>>2380262
bump fags

>> No.2380438

>>2380262
Short the bull market
Great plan dumbass

>> No.2380756

I'd worry that it could pump for a day or so more, however, it IS likely to fall back to ~$300 and stay through till the next step

ETH lending rates are very low, I'd go for it if I weren't fully vested right now