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RE: HOW TO ESCAPE THE FALL OF ETHEREUM!
It's been tough with ethereum. I am a devout advocate of it, but after 2 months of holding, even I sold my ethereum today.
I think the rash of ICOs exposed ethereum's achille's heel. I personally think the downtrend we've seen in the last 30 days, will be a downtrend that continues until 1. Metropolis is released and 2. The utility of metropolis is proven in a production environment.
Those are my two cents. Looking forward to buying back in at a lower price I hope.
@essaybrah I hope you didn't loose too much and it will be way below $100 before August 1st and the best chance to get back in. In the meantime, I will wait the storm cozy Steeming here.
@jarib , fortunately I didn't lose much. My average buy in price was around 205, and I sold at ~198. I can see the writing on the wall. Imo things will get worse before they get better. Wish I sold off just after the flash crash lol. I'm going to buy back in, but not right now.
That's not bad, you did good in stepping out on time before it gets worse. You can even buy back at a much lower price a make a profit @essaybrah