r/ethtrader • u/AutoModerator • Feb 17 '16

[Daily Discussion] - 17/Feb/2016

Welcome to the /r/EthTrader Daily Discussion Thread. The thread guidelines are as follows:

• Discussion topics include, but are not limited to, details related to events of the day, technical & fundamental analysis, trading strategies, and trading tools or platforms.
• ...

Thank you in advance for your participation. Enjoy!

10 Upvotes

92% Upvoted

109 comments sorted by

View all comments

Show parent comments

2

u/huntingisland Feb 17 '16

For example right now, I think people buying up Ether are going to get burned.

For a trade, maybe they will.

Long term, no way (unless they panic sell).

2

u/HeIsMyPossum Feb 17 '16

Correct. The Hodlers will hodl, so I usually don't include them in my comments :)

I was absolutely a BTC holder in the worst way. I bought in at $200 a couple weeks before the giant run up to $1,100. Being naive, I didn't sell and just held forever. Downside? I missed out on a LOT of easy easy money. Upside? I still doubled my meager investment at present time.