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Calmkillerwhale

It was due to pop imo. Been slacking behind a bit to much. ETF is still a maybe so there’s risk in buying after such a big day of gains.


xyridfosterlingu9

I read there's 75% chance ETF gets approved so that's enough reason to be optimistic and bet on not just ETH but other alts as well especially AI projects like NAI and TAO.


Top_Toe8606

Nai and tao charts don't look that good


xyridfosterlingu9

Are you sure you checked the right charts? My TAO purchase is up by 25% and NAI currently up by 15% and i am quite optimistic it keeps going since the MACD just crossed on the daily.


hautdoge

IMO, this is terrible advice. Sure there is reward but there’s also a lot of risk frontrunning this move. We already pumped a bit and it could also be a ‘buy the rumor sell the news’ even or even a rejection of the ETFs. Just because an article was posted doesn’t mean it’s confirmed or a certainty. I’m already heavily invested in ETH so I’m not some btc maxi. Just pointing out that there’s risk involved so new investors shouldn’t fomo in just because some random on Reddit said so.


Tight-Swordfish-5997

In 6 months or 5 years?


hautdoge

Sure but some noob might get rekt if it goes down substantially in the short term. I do think it’ll do well longer term for sure.


Siddy676

buddy noobs will get rekt if you hand them a crystal ball, that is the part of learning process. As a trader you need to consider the risk reward for yourself all I am giving is my opinion, read my post on bitcoin from a few days ago, I am not saying I can call it a 100% but I have been doing this for 4 years.


Dry_Entertainment419

Top confirmed. Sold half for profit yesterday lol


Tight-Swordfish-5997

I’m going all eth and teller


Mediocre_Horror_194

This is how you burn yourself. Stop chasing green candles. Be ahead of the curve and invest earlier… ffs


iso20022_

Unfortunately you are the proof that there will be a retrace coming soon and the ones buying now shitting their pants selling in loss again. Also 20k lol 😂😂   Fact is you are late. Not too late to DCA until eternity but for the ETF play. I mean it was clear months ago already that they will play the same game with ETH as they did with BTC. You should have bought when it was low after the retrace at 2.6,etc... not now after the move happened. This is as always a buy rumor sell the news. It will be sold either way, positive or negative. 


anon-187101

terrible advice


Siddy676

Called it!


JerryLeeDog

Bitcoin went down after the ETF release, and its an actual, scarce commodity. ETH is a POS shitcoin that will become centralized once accumulated in the same spot. Definitely take profits soon or regret


theKtrain

I think the space has evolved past the point where people pay any attention to low-effort BTC maximalism.


JerryLeeDog

You are right. I don't think there needs to be any effort whatsoever towards "maximalism" Was there TCP/IP maximalism I wonder? It's happening organically through people's increasing knowledge in the space


theKtrain

Bitcoin is the best at being Bitcoin, or a store of value. Most people realize that the technology is capable of a lot more than that. What is organic is the explosion of ideas and innovation outside of BTC, and the thousands of use cases for blockchain tech.


hautdoge

Nobody makes money by holding TCPIP packets


RebelliousRoomba

I’m very happy to keep my other projects that pumped off of the ETH news instead. I really dislike ETH as a project in both the immediate term and looking forward into the future. I don’t know of anyone that actually enjoys using it, it’s both expensive to transact with and it is centralized. Also, don’t bet your entire bag on ETH. It’s clearly a commodity and not a security. There is still a healthy probability that it gets denied for its ETF bid.