Quote from: Nick Abimanyu on October 12, 2018, 09:59:48 PM

Quote from: BrewMaster on August 02, 2018, 03:34:27 PM

Quote from: Tamboran on August 02, 2018, 02:07:09 PM

Quote from: hatshepsut93 on August 02, 2018, 12:30:51 PM

The market is really sensitive to these ETF news now, so the current price moves shouldn't be surprising. The media have convinced noobs that we'll have a new bull run this year fueled by ETF approval, so speculators are selling every time an ETF gets rejected. I'm going to trade with small amounts just for fun and to test my skills, so far I've sold a bit at $8,300 and planning to rebuy at below $7,000.

So, plan short-term profit trading could be safe option for now, isn't. With price now below $8k, many people should be ready to take buy position before price bounce back, ETH affect always being media consumption that makes market react fast.

you mean ETF not ETH!
and i don't know there is still a chance that by the deadline of this hyped up ETF we see a drop and up until that point we may see a lot of different things inclucing a big rise.
if you aren't already in then maybe it is best to wait because this is one of those times when market is mostly unpredictable.

LOL

We should not only depend on ETFs because we don't know exactly the intentions of the people behind them.

Right, waiting is better than selling. But by buying, it might be even better if combined with waiting, because this strategy is an absolute strategy which can increase the growth of bitcoin prices.

I dont think that ETF will benefit the price of bitcoin. Anyway it is clear that we should focus on the price of bitcoin and not the approval of ETH. If we convince more and more people to put their money in bitcoin the investment capital will increase and thus the price will also increase instead of waiting for ETH to be approved. If ETH is disapproved then what?