Ethereum $250! what does it mean? what to do now?

Well ethereum has just faced another crash and this time its serious. The price has dropped by more than 20% in just 24hours.

The crash is just not limited to Ethereum but whole market is facing same type of crash. We can see the drop of $13bn to overall market cap.

What can you do?

Well if you are on bitfinex and be able to margin trade USD with ethereum, its a good idea to start looking for short position. If you short now, you will surely earn a lot of money from it. You should keep looking to the charts so that you can close your position once prices starts increasing which should happen any time now.

Short Trading

I have short traded 10ETH at 300$ and earning some good enough money, i am speculating the prices to go as low as 180 this time.

Keep trading.

Do upvote this post so i can share more useful tips with you.

If you are a newbie and confused on how to start margin trading, let me know i will be more than happy to help you out.