Discussion in 'Crypto Currency Investment and Financial Betting' started by slick, Dec 15, 2017.
ETH finally smashed through and now @ £1420
Dollar wise we're at $1990 an all time high, get above that then who knows where we'll end up.
Boooom It's gone over $2k wow that was a battle and half
never seen that sort of resistance before to keep a coin down
Now onwards and upwards we go again.
It might drop below $2k on a few occasions but now it's gone past it once that same resistance won't be there anymore.
Eth @ new all time high, now £1520
Price has dropped now but Eth did hit just under £1550.
Since then I've tried to put in a sell at that amount but the cycle seems to have finished now.
The Cycle seems to be Bitcoin rises, then the main alts like ETH rise, then the other alts follow suit, after that there seems to be a bit of a dip then Bitcoin will start the cycle again.
At the moment we're in the other alt rising going into the dip phase, should this trend continue then I expect Bitcoin to have a rise next week while everything else takes a slight tumble as money is moved out of alts into Bitcoin, the alternative to this is a big fall in the Price of Bitcoin and everything else until Bitcoin recovers and the cycle starts again.
Eth has been doing well lately and is now averaging £2k at the moment.
Been a slow couple of weeks for all other coins especially Bitcoin but today it looks like that trend is starting to reverse.
Wouldn't be surprised to see Bitcoin hit another ATH within the next week.
My head is now telling me to lump my ETH onto BTC but my heart is saying just hang on and see what happens because Eth's given me a 25% gain within the last fortnight.
Been a hectic last couple of weeks or so when the arse seemed to fall out of the market as most coins lost around 50% of their all time highs.
Seems to be coming back round again now, hopefully that trend continues
Don't know if it was luck, chance or knowledge but Radoslav seemed to get out at the prefect time, good man.
Seems to be slowly coming around again but I wouldn't advise anybody to jump in at the moment as it seems to be walking a tightrope.
I'm all IN (Mostly on ETH and ADA) as I'm hoping to regain some lost ground but not confident at all.
The current market seems to be making gains during the week then losing them over the weekend, come Monday rinse and repeat.
Currently a good time for traders.
The market is the same as my last post if anything it's more on a knife edge as the 1 week BTC ema seem to be going through.
The last time that happened the market really bottomed out.
Now is not the time to invest in Crypto In my honest opinion.
And now as predicted it is bottoming out as the 1 week ema went through about a week ago, I wish I had heeded my own advice and sold but I never so let bygones be bygones.
Best thing to do now is either sell your bag and come back at a later date or be like me and leave alone and just switch off for a few months.
Alternatively if you have the time , you could trade the highs and lows on the understanding you'll take an initial loss but gain more Crypto as it gradually loses it's value compared to fiat.
Not been keeping an eye on this for the last couple of months due to illness, although I did get Sucker punched due to me having a few open sells from May and having forgot all about them.
That was during the last crash and me putting in a few sells hoping to regain some profits after panicking and selling lol.
That was then and this is now, at the moment apart from having a couple of Lite coins , I've only got cash and the price has shot back up.
Hopefully the price will fall in the near future and I'll jump back on the bandwagon, if not then good luck or I'll start trading on the ema's again.
I bought 21 million Shiba coins the other week as they hit Coinbase for a fraction of a cent each, the total buy cost me about £150 quid.
As per usual with my luck the price halved the next day lol.
I've kept hold of them anyhow as they are to Ethereum as to what Doge is to Bitcoin.
Anyhow I was surprised to hear today they have gone up over 200% over the last couple of days, hopefully I may have struck lucky with a shit coin.
Shiba's gone up another 15-20%% since I last posted.
I know I should now sell as I have more than trebled my initial investment but with the coin price still being so low, I'm gonna hold and try and get even luckier.
Well that didn't last long, It's been dumping all night
I was tempted to bail out as it hit 0.00003500 today and gave me a near 4x profit but I've bailed with a lot higher investments in the past and lived to regret it.
For the amount I initially put in, I'm just gonna let it ride come what may.
New All time high for Bitcoin today