Post
Topic
Board Speculation (Altcoins)
Re: Another trap for ETH?
by
thinkpad99
on 26/02/2019, 22:09:22 UTC
All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.
I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.
Almost more than 50% of traders fall to this trap and they decided to HODL than selling cheap. Bull trap is common case on crypto markets but sooner or later bull trend will give real value of cryptocurrencies to itself. I guess 2000$ is first goal during next bull trend and price will surge upwards.

$2000 for ETH?! as the first goal?! huh! very optimistic! I think that Ethereum is able to reach $1000 this year, but I am afraid that for the new ATH we will have to wait until 2020.
On the way for sure we will have some bull traps, but this is part of this market from the very beginning.