Post
Topic
Board Speculation (Altcoins)
Re: Your reaction to recent pump and then dump
by
ivlvov
on 05/08/2018, 08:42:55 UTC
This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?
I have almost the same situation as yours. It's pretty strange that many people started investing in Ethereum and it is still falling in price. I think that we have no choice and we have to keep our coins until the whole market goes up. I have the assumption that Ethereum will go up in the winter. In any case, ETH is not dead yet and it will necessarily recover.