EthereumLong
When everyone stops to breath, it's time to load up!
Updated
Dear Fans and Expositioners!
When people stop to catch a breath, it's your chance to move ahead.
I see a lot of peeps taking profits, and this is just 8 days before Consensus. Go figure? When people drop their precious ETH, it's time to pick them off the street. It's Christmas all over again.
Are you scared of the dip? Do you fear it's gonna go further? Who cares. Is there any other liquid asset class today that could potentially return a 10x or 20x over a 2-3 year period? No there isn't. Crypto is the only game in town. Smart money knows this. You can trade bonds, stocks, gold or oil if you want - but this 'aint going to come around again.
My-TA-sucks absolutely. Enjoy the ride.
When people stop to catch a breath, it's your chance to move ahead.
I see a lot of peeps taking profits, and this is just 8 days before Consensus. Go figure? When people drop their precious ETH, it's time to pick them off the street. It's Christmas all over again.
Are you scared of the dip? Do you fear it's gonna go further? Who cares. Is there any other liquid asset class today that could potentially return a 10x or 20x over a 2-3 year period? No there isn't. Crypto is the only game in town. Smart money knows this. You can trade bonds, stocks, gold or oil if you want - but this 'aint going to come around again.
My-TA-sucks absolutely. Enjoy the ride.
Note
In my previous posts, I mentioned gut-wrenching short-term volatility preceding unbelievable increases upwards. If you can hold your pee, it's time to sweep up before it heads to 900. Did anyone see any changes to fundamentals? I didn't. I'm sick of FUD-sters saying we'll re-test the bottom. That's absolute c*#ap. Until the crypto markets get to US$3 trillion we'll be in an upward swing with massive volatility along the way. That's part of life for any new asset class. When we reach macro supply-demand equilibrium, then we can expect growth to simply track global GDP. But where 2-3 years away from that.
Note
Markets look like they are gripped by short-term FUD. It's just the institutional traders trying to depress the markets so they can also join the party. Squeezing out the stops and the long positions. Why do they want ETH in your hands? Of course they want it for themselves. $100 drops are wholly consistent with other dips in this rally. Writing after a bottle of wine.
And why do folks wanna get so many views and likes on Trading View? I haven't worked it out yet. Do they get paid if you have lots of views? Can't figure it out. Anyway, I will eat my shoe if it doesn't hit $900 by the end of May. I'm waiting until ETH breaks $1,000 and then who the hell knows how far it will go. Seriously, at that point, it's anyone's guess how high it will shoot. The only thing that will kill ETH is a car crash with SuperVit -- but even then there are enough smart(er) people working on ETH that will make ETH survive and thrive.
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