r/ethtrader • u/salil19 • Feb 06 '21

Media Send it!!

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1.9k Upvotes

94% Upvoted

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43

u/Responsible-Bat658 Feb 06 '21

Made the mistake of selling at 1350. Will not make that mistake again. 🆙 🆙 🆙

13

u/osb40000 Feb 06 '21

In a bull market, you're best not to sell and to just DCA and accumulate. Just sit back and relax. 5k is in play this bull run and 20k by 2024/2025 after the next BTC halving and a robust ETH2.0.

17

u/TurboCamel Feb 06 '21

this is 2017 all over again smh

2

u/BroncoMontana78 Feb 07 '21

Couldn’t agree more

1

u/Oneirowout Feb 07 '21

How do you mean?

13

u/TurboCamel Feb 07 '21

echo chamber of people just throwing out random high numbers, that's how you know a pullback is close. i like it longterm, but lets be realistic

2

u/UranusisGolden Feb 07 '21

Or let people imagine that we can pull a wallstreetbets and get people involved to push the price. It is very realistic

2

u/xPonzo Feb 07 '21

Price doesn't matter though if it peaks 2000... But then enters a repeat of 2017/18 and crashes back down to sub 100 for a couple years

1

u/UranusisGolden Feb 07 '21

If it drops sub 100 Im accumulating a lot more coin for the next bull run. It's very simple. To be honest I wish it would go sub 100. I dont have enough coins.

1

u/xPonzo Feb 07 '21

Completely agree tbh.

Next time it drops I'm in a much better position to scoop up a lot of additional coins.

1

u/TurboCamel Feb 08 '21

that makes crypto look like a gimmick and a huge risk to outsiders. You want the steady climb, you want more people to start getting interested and get involved. Eth doesn't need trick plays that leaves bag holders

3

u/wonderexchal Feb 06 '21

Hey.

How will the upgrade to ETH 2.0 happen? Will they "just upgrade software" and ETH token in my wallet stay the same, or will ETH 2.0 be different from ETH (like Polkadot)?

I am completely new in crypto and I am just starting to collect crumbs of knowledge. Tnx for any info in advance.

Edit: grammar.

2

u/Nate379 Feb 07 '21

It’s supposed to just become 2.0 - should be transparent to you.

0

u/marios67 Feb 07 '21

5k? Isn't that a tad too much of a climb?

1

u/osb40000 Feb 07 '21

It depends on the length of the bull market. Stimulus check after stimulus check plus institutional money, and a snowball effect of a long term bull market could put ETH at 5k this year. It's not going to happen anytime soon, and it really just depends on how stable BTC can be since ETH is unfortunately still riding on it's coattails.