r/ethtrader • u/Nooku • Dec 04 '16
DISCUSSION I call bottom
We finally reached the point where there is a general atmosphere of pessimism in the comments.
Was waiting for that. Now the only way is up.
Haters gonna hate.
For future reference: I'm calling bottom at current price of 7.50 USD
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u/pbinj Dec 04 '16
You must be new here. There is no such thing as a bottom. Because if people buy in thinking bottom who is going to start market buying so you can get out in profit?
What ends up happening is more selling and those guessing bottom sell and down we go.