ETH/usdt looks incredible right now on the 4hr. Macd cross, growing volume approaching resistance... still think it’s ridiculously undervalued
II think you could be right, but we have to get past the nerves around the CME first for ETH.
welll... today is day one and it hasnt done shit.
I think it may have been a key driver to the sell-off over the weekend.
sell off was a healthy correction imo. Maybe combined with CME fud sure... but Eth was on a hell of a run before that and bounced perfectly on support.
Just tried to make a deposit on Binance... Account details have changed from the usual and 10 mins later its still not in (it's usually instant). Anyone else having similar problems?
ETH/usdt looks incredible right now on the 4hr. Macd cross, growing volume approaching resistance... still think it’s ridiculously undervalued
Agree on valuation. I think the weekend numbers were all due to small correction before the majority of the markets came back today. If BTC is going to fly now, I think ETH as the strong second will continue to do the same. 2k does not seem a stretch at the moment. ADA continues to absolutely smash it. Mine are up 56% in one week!!!!.
Note: ALL REMEMBER TO ADD STOP LOSSES IF YOU CHOOSE TO GET INVOLVED. This is the biggest lesson I learnt in my first few days on trading and stops any mad losses due to the volatility of the market.
ETH/usdt looks incredible right now on the 4hr. Macd cross, growing volume approaching resistance... still think it’s ridiculously undervalued
Agree on valuation. I think the weekend numbers were all due to small correction before the majority of the markets came back today. If BTC is going to fly now, I think ETH as the strong second will continue to do the same. 2k does not seem a stretch at the moment. ADA continues to absolutely smash it. Mine are up 56% in one week!!!!.
Note: ALL REMEMBER TO ADD STOP LOSSES IF YOU CHOOSE TO GET INVOLVED. This is the biggest lesson I learnt in my first few days on trading and stops any mad losses due to the volatility of the market.
personally think ethereum will outperform bitcoin in terms of % from here on out. $100,000 will probs be the ceiling for bitcoin in this run, $10,000 for ethereum imo.
ETH/usdt looks incredible right now on the 4hr. Macd cross, growing volume approaching resistance... still think it’s ridiculously undervalued
Agree on valuation. I think the weekend numbers were all due to small correction before the majority of the markets came back today. If BTC is going to fly now, I think ETH as the strong second will continue to do the same. 2k does not seem a stretch at the moment. ADA continues to absolutely smash it. Mine are up 56% in one week!!!!.
Note: ALL REMEMBER TO ADD STOP LOSSES IF YOU CHOOSE TO GET INVOLVED. This is the biggest lesson I learnt in my first few days on trading and stops any mad losses due to the volatility of the market.
personally think ethereum will outperform bitcoin in terms of % from here on out. $100,000 will probs be the ceiling for bitcoin in this run, $10,000 for ethereum imo.
10k Ethereum would be an exceptional return on current market value (only 1.5k a week ago, 1.725k today). Do you think this will be 1 year or longer to get to this value?
Agreed on BTC, even a 2x multiple is exceptional to 100k, but Tesla really is a game changer in terms of public acceptance of crypto and will mean a lot of casual investors (like me) get involved
ETH/usdt looks incredible right now on the 4hr. Macd cross, growing volume approaching resistance... still think it’s ridiculously undervalued
Agree on valuation. I think the weekend numbers were all due to small correction before the majority of the markets came back today. If BTC is going to fly now, I think ETH as the strong second will continue to do the same. 2k does not seem a stretch at the moment. ADA continues to absolutely smash it. Mine are up 56% in one week!!!!.
Note: ALL REMEMBER TO ADD STOP LOSSES IF YOU CHOOSE TO GET INVOLVED. This is the biggest lesson I learnt in my first few days on trading and stops any mad losses due to the volatility of the market.
personally think ethereum will outperform bitcoin in terms of % from here on out. $100,000 will probs be the ceiling for bitcoin in this run, $10,000 for ethereum imo.
10k Ethereum would be an exceptional return on current market value (only 1.5k a week ago, 1.725k today). Do you think this will be 1 year or longer to get to this value?
Agreed on BTC, even a 2x multiple is exceptional to 100k, but Tesla really is a game changer in terms of public acceptance of crypto and will mean a lot of casual investors (like me) get involved
look at the eth/btc chart. We've seen nothing from ethereum yet on that. think a 5/6x from here is quite possible. Later this year. but as i said, if i knew when i'd be rich.
Also, @BalladMan worth noting market cycles, ethereum may go up to $10,000, but will then come back down to probably $1400 again eventually (i mean it was trading at $90 earlier last year). Then in 3-4 years the next bull run it will go up further than $10,000 and so on... its very volatile but at a long term level its ridiculous returns.
For those also looking to get into Crypto a couple of bits of newbie advice from me, both on the etoro platform: 1. If you want to test your hand but don't have the cash, use the 'virtual portfolio' option. You can invest 'virtual' money and learn the ropes before investing. Nice option if you feel nervous about investing 2. There is a 'Copy People' option where you set your investment limits and etoro will literally copy the investments of any other trader on the platform that you choose. A couple of friends have been using this recently and made decent sums of money in a month.
Caveat: this is not all free money of course. There must be a re-balance somewhere either down the line or in another area of finance, so only 'bet' what you can afford to lose.
Comments
Watch these videos, remember to have trailing stop losses. God speed.
Here's a collection:
https://twitter.com/KoroushAK
https://twitter.com/CryptoCred
https://twitter.com/AltcoinPsycho
https://twitter.com/TheCryptoDog
https://twitter.com/MacroCRG
https://twitter.com/warobusiness
There's a fuck tonne more, but these are sensible guys with great track records. Learn from their resources, make mistakes. Always use a stop loss.
Crypto Cred and Koroush AK have fantastic technical analysist courses (that can be applied to both crypto and the legacy markets)
There's a bit of concern to me that a single guy can influence so much but I suppose it's always been the way.
Note: ALL REMEMBER TO ADD STOP LOSSES IF YOU CHOOSE TO GET INVOLVED. This is the biggest lesson I learnt in my first few days on trading and stops any mad losses due to the volatility of the market.
Agreed on BTC, even a 2x multiple is exceptional to 100k, but Tesla really is a game changer in terms of public acceptance of crypto and will mean a lot of casual investors (like me) get involved
1. If you want to test your hand but don't have the cash, use the 'virtual portfolio' option. You can invest 'virtual' money and learn the ropes before investing. Nice option if you feel nervous about investing
2. There is a 'Copy People' option where you set your investment limits and etoro will literally copy the investments of any other trader on the platform that you choose. A couple of friends have been using this recently and made decent sums of money in a month.
Caveat: this is not all free money of course. There must be a re-balance somewhere either down the line or in another area of finance, so only 'bet' what you can afford to lose.