Since the beginning of 2017 eth started to get lots of attention and good news on main news sites and the buying started.
Up until March you can notice a steady and controlled climb, but ICO´s started popping left and right, most people getting in only to sell the coins after they get into the market, for a profit.
Greed had taken over Ethereum at this point, some ICO´s getting 100million , and most recently tezos got 200+ million, these numbers are insane.
I then realized this could be the short-term demise of ethereum, and that is what got me to go all in fiat until I see a buy signal later in July, or even in August.
Projects will not get better or faster the more money people pour into these things, I hope the overall public realizes this and hold to their coins instead of giving them away like candy to these projects.
If you liked this small analysis re-steem and upvote!
just HODL if that's the casse, if you don't HODL you LOSE.
yeah, actually i got into fiat way before this blood bath, but if you feel like not trading at all, just hodl ftw, in long-term this market correction wont change much. Only for those you bought at the top are the ones that i am most concerned about.
If we see under $100, ill be loading up on the ether!
Me too!
you MIGHT be right about $80, but $150 is also a likely bounce point... whether it hits $80 or bounces from $150, we KNOW it's going to $500 long term so probably want to start legging in at these prices bud
150$ looks like a false bounce, before another dip. IMHO
But you are correct and i agree with the long-term vision.
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