Buy Ethereum!

Yes. Already bought some. Just gonna keep doubling down every day until it stops going down.

Nice Just hedged 100k

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bumpu

The thing about ETH is that even Vitalik has said that the price doesn't matter. Don't get me wrong I think it's pretty great tech, but there's not much money to be made in it compared to other coins.

Please explain this retarted altcoiner how to hedge ETH. What does it meaaan.

>>3471006
Metro is coming, let's see how the price is affected.

Vitalik is a programmer who gives the currency its value by not caring about price. The market cares about price.

>>3470776
yes, its a better option than leaving my money in BTC. So far so good.

>>3470776
ETH is going to drop as long as BTC is dropping, the fuck are you talking about.

>>3471026
-eth is at all time low against fiat AND btc. Currently down almost 40% from ath
-primary way of buying eth is fiat, very easy, available on lots of exchanges
-eth has been dropping vs btc for some time but there is still a lot of spikey variation up
-buy lots of eth for discounted fiat price. if eth recovers against fiat, which it will, you make a good chunk and can sell directly back to fiat. If eth revovers against BTC, you make a good junk converting to btc.

basically you can buy the bottom of two possible markets instead of just trading agsinst btc price like most alts.

>>3471062
the point is its a unique spot. you usually only get to buy the dip versus btc price, now you can hedge on a massive fall against fiat as well. either correction, and it will most certainly correct, makes you money and there is some easy 25, 30% potential probably realisable within a month.

im just saying if you want to buy the dip, youre better off with eth versus btc

>>3471174
So in essence, ETH had a bigger dip than BTC against fiat?

look at price difference between BTC and BCH

now look at ETC and ETH

don't say ETH is not overvalued right fucking now

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>>3471327
>Comparing ETC to anything

It's basically abandonware.

>they thought there would be a "flippening"
>they thought ETH price was independent of BTC price
>they thought ICO pyramid schemes would give their scamtoken "real world value"
>they thought eth wasn't a mess

Kek

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ETH is a mess.