This is a very long term play. To date, this is the best technology on the market that I've found and nothing else really comes close to competing. My only concern is the governance model. We will only be able to see how this shakes out over time but the tech is too good not to take a chance on. This is going to be a 10+ year play for me.
Started first round of accumulation yesterday in ETH @ $215. I think the bear market is beginning to round out it's bottom and will begin to recover over the next 6 months. We are nearly at 84% retracement for ETH and the risk to reward ratio is incredibly in favor of buying here. Not investment advice. Just my thoughts.
This will more than likely take several years to play out (could be wrong) but the risk to reward here is getting ripe because we're well below the mean. I have a buy order at $6k. I wouldn't be surprised if it went lower but it's more risky to not buy at this level than it is to buy for the long term. We're sitting at a .67 on the @TIPMayerMultple so if it goes...
I still think $UBQBTC is a very undervalued cryptocurrency in relation to the rest of the market. I am maintaining my average long position from $1.50 and will possible average down if we drop below the $1.00 level. Expecting very high upside for this one in the long term.
Looking for a bounce in oil after hitting (near) a 52-week low. Looking for this one to play out over the next several months. $USO
I expect ETH to pull back from its all time highs around 234. The bullishness this thing has experienced in the past month has been so fast that it's becoming less and less sustainable. I'm looking to get in around the 110-120 range again.
I'm not one to spread fear, uncertainty, and doubt in the stock market, but if this isn't a bubble in the crypto space, I don't know what is. I've taken my profits and am waiting to re-enter the market.
Alert set for BB upper band to dip inside the KC upper band which will trigger a squeeze on the TTM-indicator. Potentially a great long term trade
Failed to see the possible reversal on my last trade. Covered short for a loss. Setup here looks like a potential breakout in the 588 level. Higher lows + the 2 touches of resistance are the enticing factor here.
I'm 2 for 2 so far. Let's see how this one plays out. I expect all exchanges to be under the $500 mark by tomorrow.
Updated chart from my short position from 675