Including doge , looks like ether has sparked another round of mindless sperglord buying activity
If anyone needs some beer money , this is the environment for it
Buy ethereum. The money will move to the only currency with fundamentals in this market as soon as those other currencies start looking peaky all that cash will come flowing back to big daddy ETH thats how the expansion to $10/ETH will happen.
You might want to look at a chart. 6% decline after tripling in price in like a week aint shit.
But no , traditionally if altcoins are up btc is down and vice versa , with ether doing this good it seems new moneys pouring in to all the other top 20 trying to catch the next big one
So you're interested in buying it seems... And how many other people do you think are thinking the same thing as you? Will they buy before you? Will they take your bite of the cherry anon?
No I agree. I was only saying 6% is hardly "tanking" , it costs like what? 50 cents to mine an ether right now? Im long ether , ive been pro ether since its inception but this is just a shill pump right now.
Remember when btc bubbled to $3? When it went to $30? When another bubble took it to $260? And then another to $1200? And then the next to...?
Well eth has a far better future than BTC and it has no bubble yet, this is it's first one. I've always made clear that this is buy and hold. Not clamber in when the price is going up then quit when it's going down. People selling when the market cap is at >200 million compared to BTC at 5.5billoon are throwing their money down the toilet.
Ah well, its just more money being transferred from impatient people to patient people. Hmm buffet does come out with some good shit some times.
Sell enough to break even and take a little piece away (no one goes broke taking profits) then maybe ride it out but , they have a site (idk what anymore but you can google it) thatll tell you how much it costs to mine ether for every kilowatt / hr you pay for electric and the breakeven is way lower than this price
In 99% of the cases, "correction" is an unfounded opinion about as accurate as fortune telling with coffee grounds, much like most other "analysis" in online discussions. I bet pure chance is more accurate on the average.
Just watch, hype train is just beginning. You're privileged to be told to get in early. You know the ethereum team is well connected to the mainstream and crypto press. Most faggots havent even heard of it yet.