Very interesting analysis. That's going to quite some correction if true. Is it worth thinking about converting a chunk back into fiat for the time being?
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Very interesting analysis. That's going to quite some correction if true. Is it worth thinking about converting a chunk back into fiat for the time being?
Or just buy more at the dip;)
Personally, I prefer to never sell. Of course, I see that a lot of times, selling would be the wisest move, but then again, you have to choose the right time to buy back in. With all the ICO's happening in 2018, Ethereum is in constant demand, so even though there might be a correction, I'm sure the growth will be positive in the long run, regardless.
Cheers.
You make a good point regarding the demand on Ethereum from the countless ICO's. I'm fairly new to the trading game so just looking for advice on how to play a possible correction. My holdings are relatively low anyway so for ease I'll probably just hold on, and like you say maybe increase my ETH if it dips. Thanks
Is this not the Cup and Handle ?
https://www.coinigy.com/s/i/5a6f3f60c97ef/
It could have a higher high. But not really Cup & Handle.
Yes! That's the way to go!
Even by his count it has some room to grow. Others are projecting that the correction is over. As with anything in this current market, I would set stops and see where it goes.
yup!
That needs to be a set ade decision. Having cash is very helpful during times of corrections. But he’s tine to raise cash is during the upswings.
We could see the predicted correction above and still have time to make it back up to $1500 by May.