on an insane trip ETHereum tried to live up to it's name (forgetting all issues, mining/production costs at $15 (!) and competiors) and it tired to even surpass the hype cycle's parabolic up to maximum (90%) slope and defeat the time - But you cant go back in time. - So ethereum may crash more than expected (- or vanish completely and move into the black hole?)
ETH is the future of Crypto.. Try sending and receiving a small amount of BTC, ETH and LTC and decide for yourself which is the best. Fees, confirmation/delivery speed.. nothing compares to ETH..
mcmutton23
⋅
Trailing stop loss then my friend, so you don't lose your ass shorting this thing...
bonnzer
⋅
@mcmutton23, what the price distance for trailing? =) Want to sell it now very much )
mcmutton23
⋅
@bonnzer, it depends how much you are trying to make. If you estimate you can make 10%, short it at around a 2.5 or 3% stop loss. Depends how much risk you want to take on. Then as the price keeps going down, you can readjust your stop loss so you will at least always break even and never lose money.
Jeff_Nguyen
⋅
Repeat after me: "The trend is your friend."
fineregex
⋅
@jeff Nguyen, "the steeper the trend's angle, the soon it will reverse"