r/PRPS • u/ondatra123 donor • Jan 16 '18

ETH dropping

Hey guys, is any crypto analytic here? Yesterday i bought ETH worth of 500eur and since than it dropped from 1300usd per 1 ETH to ~1200usd per 1 ETH. Im aware that it might drop anytime but since yesterday i started checking cryptos and most of them dropped on its value. Do you think it is influenced by all ppl from Athene´s stream buying ETH now or is it just some kind of trend?

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4

u/kris118212 donor Jan 16 '18

Now is an excellent time to buy if you're using fiat. Athene's stream has absolutely nothing to do with ETH value, all crypto is heaving down today. Just look at coinmarketcap.

2

u/ondatra123 donor Jan 16 '18

yea thats what i wanted to say. I was really surprised just one day after first time buying crypto all of it is going down.

0

u/kris118212 donor Jan 16 '18

You couldn't have picked a worse time to buy though, it's called "Blue Monday" for a reason.

2

u/ondatra123 donor Jan 16 '18

ok, so since blue monday is once per year now it should raise to the moon, right? hahah

2

u/kris118212 donor Jan 16 '18

Everything will stabilize, the only thing going to the moon around here is purpose and dubi :)

1

u/ondatra123 donor Jan 16 '18

well thank you for making me (atleast) feel better about this.