Ethereum (ETH/USD) Analysis Using Semi-Log Charting

in money •  3 months ago

SUMMARY
On BitcoinLive; daily Crypto updates are made available while also, on demand analysis requests are fast filled. Join us as we have now opened up monthly and quarterly subscriptions. Use this link: https://bitcoin.live?aid=110. Below is an excerpt of a recent Ethereum analysis.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Hello @haejin, I noticed that you are converting your SBD back into Steem. Is this a short term play taking advantage of the minor favorable conversion, or has your long term play changed?

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Yes, short term. I gained 20%...not too shabby. Will go the other way Steem to SBD also. It's a 2 way street. Mostly still on the SBD to STEEM conversion trade side.

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Thanks for the answer. In this market 20% is great. I also caught your alert on Bitcoin Live. Thanks again!

Wow, what a call! I can't wait to scoop up $50 ETH. That would be insanely discounted! Thanks @haejin for not leaving us in the dark!

After hitting its low since September last year, it emerged that the Ethereum holder should hold on tight and expects several milestones in the ecosystems’ development. The unveiling of the Ethereum 2.0 roadmap appears top of the agenda.

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During the 2008 Financial Crisis, I didn't sell, but I bought. On Jan/Feb/March of 2009, I was laddering my entries and since then, massive profits have been realized.

i find this correction not too different. Those who sold into the 2008 crisis lost out huge.

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ETH 2.0 means nothing... they've been talking about it for ages. The truth is ETH is going nowhere and it is about to be killed by EOS, ADA and other chains.
ETH reminds me of Netscape during 90s.

one of the best article, i would like to ask something if you have a time?

This goes with my theory, when people see crpytos are not recovering as we approach October/Nov. the remaining holders will start selling big time.
This means the best strategy is to hold fiat on exchanges and wait for the opportunity :)

When ethereum will grow to 2000$??? @haejin

What are the miners to do? Lose money? Interesting time.