Quote from: mtnsaa on February 09, 2016, 07:18:41 PM

Quote from: RyNinDaCleM on February 09, 2016, 07:14:52 PM

Quote from: mtnsaa on February 09, 2016, 06:47:05 PM

So because you got out at your target then the rest of us are screwed? I'm not saying ETH will save the world or be the next Bitcoin, but if it behaves a little like Litecoin and keeps pumping a little more, I'll at least get out with my initial investment intact. Of course there's the chance that the bubble will pop at 0.01, but if it doesn't you have to admit that many of us will make a lot of money (I don't even have that much at stake really, if I lose on the way down I'm sure it will be peanuts in real life money).

Absolutely not! I wish everyone good luck. I just know how these things can unfold (I have seen many in my time in crypto) and I don't have the luxury of babysitting my position all the time, so I get out at my planned point. "Plan your trade, trade your plan". I know many will think I'm just talking my own book, but many others can attest that I have tried to be helpful/truthful when it comes to my publicly posted analysis. Considering the bubbly nature of this rally, I may be way off on my target. I am ok with that because my planned trade went as expected, but since it is bubbly, it becomes that much harder to target an exit, so I choose not to chase

Please don't get me wrong, I didn't want to sound harsh, you did a great move and you got your profit, that's it and that's all that matters, the rest is up in the air, I know that. I do appreciate your knowledge, hope I didn't offend you with my comments.

No worries!

Looking at the charts now, I feel .01 will be broken. Divergences were cleared on some time frames and if the top was in, it would have dumped by now. Look for an absurd fomo spike. That will signal the dying breath of this rally. Buyers of that last leg will cry and claim ETH a scam. General sentiment will be exuberant bullishness and the feeling of invincibility (We's gon' be rich!!1, .01 is cheap coinz!), kind of like it is now, but worse. This is becoming an extended 5th and like many commodities, once the 5th extends, it only gets harder to figure for a top. I may wait for said fomo spike and short into it, but remain undecided at this time.