Lost 10K Investing ETH

Yes, if you cashout, the price will rise. It always does.

Yeah, like 9.5K ago.

buy high sell low

Regardless of price ETH will soon grind to a halt. It has a major scaling issue that can not be repaired.

It's crashing through the support and resistance levels. Just cashout now, and buy back in when it hits $100. Even then it's a crapshoot. It doesn't seem to be obeying the laws of physics right now.

I will say .079 is currently making me question closing my short.

I have been moving my buy order lower all night. I don't know what to do other than watch it. At least I originally bought for 60 and sold at 376 so I don't have skins in right now. I just can't seem to figure out when I should buy.

This is why stop-loss is an important part of any trading strategy. You paid extra for the lesson.

Are you looking to swing trade or something? If not I'd back off for at least a month.

Shit moves too fast for that though. It could drop 10% then raise 20%.

Yeah, just trying to make a little extra in a day or two.

The tricky part about it is that the way it is falling is completely detached from Bitcoin. Bitcoin has more predictable swings right now but I still would not advise buying into it unless you're really itching to gamble. Have you done this before?

It's pretty much guaranteed you will continue to see this fall for the remainder of the night. At least another $10 off the top tonight. I agree you should never sell at a loss but this is an easy sell to minimize your losses.

Yeah, it is just rebuking all my expectations right now. It seems to not be following normal patterns. I am just going to keep my eye on it and wait till it seems to level out for several hours.

Other than ETH, what are you swing-trading with?

...

Nothing, I don't have any good ideas right now, I have everything on USDT at the moment.

I've been doing LTC on margin at Polo until going into a short on ETH. LTC has been nice since the price is so heavily influenced by BTC.

I'll just put a buy order for 10 ETH at $100 a coin and go to sleep lol

...

If it's any consolation some somewhat smart people made a fucking killing selling air projects that wouldn't even raise 10k through traditional funding methods to gullible crypto buyers.
ETH has been an absolute cancer on crypto.

>Investing
no, you lost 10k gambling.
If you had been investing, your money would have gone into something with a business plan you not only "want to believe in" because you were lead to by dodgy salesmen, but understand and were able to make your own growth estimations of, finding them in excess of it's current valuation.

noooooooooooooooo wayyyyyyyyyyyyy
you anons told me it will be $1000

That's why you don't trust a bunch of morons, who think that drawing straight lines on a graph has any meaning whatsoever.

Technical analysis is much older then crypto but I agree with your message: it's shit.

its going to keep falling in whatever you put it in. If you really wanna just preserve what you have left use USDT. But you should really jusy HOLD or HODL!!!! HOLD ON FOR DEAR LIFE. BUY LOW SELL HIGH NO SELL LOW. Dont be a PUSSY AS MORON!!!!! YOULL BE CRYING WHEN ETHEREUM IS THROUGH THE MOON AGAIN!!!! AND WHAT WILL YOU DO BUY HIGH?

absolutely pathetic. being backed up by memes doesn't mean you dont "invest" with basic financial precautions.

You basically gambled so stop whinging you little "man"

I TRUSTED YOU ANONS

THESE BAGS ARE CRUSHING MY BRAINS

MY BRAAAAAAAAAAAAAAAAAAIIIIIIIIIIIIIIIINNNNNNNNNNNNNNNSSSSSSSSSSSSSSSSSSAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Best chart ever. Press play.
tradingview.com/chart/ETHUSD/kX54BZtH-I-smell-blood-and-dETH/

HOW CAN THIS SHIT GO DOWN 20% IN ONE DAY??

THIS IS ETHEREUM

Also

youtube.com/watch?v=SiXS_jjJYY8

from $8.50 to $7.34
nooooooo

FFFFFFFFFFFFFFFFFFFFFFFFFFFF,

I WAAAANT MY MONEY BACK!

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

lol this is a good one

cause it fucking went up 3500 % in fucking 3 months.

eth willl be under 100 in next 2 weeks,
i think about buying some around 50-80 dollars

you haven't lost shit until you sell , do not i repeat do not make any decisions until at least August 1st that's all i can say

I don't mind waiting. I have 5 Eths. Will my patience ever be rewarded?

I bought in. It's almost done unwinding.
It might hit 100 or even 50, but it will bounce back in a few weeks.

Yeah you might as well just cash out at this point. This coin is fucking dead.