From ETH, EUR, crack whores and why I'm so sure of Crypto
Atualizado
Today we take a peak on ETH....its not a coin I watch on the day bases, but its one of the Top 5.
Bombed out like the rest of the market,#ETH is near its rally starting point around 90$ from 17.05.2017.
Besides that its dirt cheap right now, coinvestors can grab there piece for our weekly cost averaging.
Traders should go in with moderate positions and have there targets in mind between 140-170$.
Some of you has asked me, is this the bottom ?
Two things about that:
1.) I have no magicball telling me the future ;-)
2.) a proper bottom has to have at least 2 points.
Due the #coinverstorarmy is mostly in for cost averaging, it doesn't if we bought our coin for 100 or 130$ in the long haul.
ETH is one of this coins, you will get your reward for sure.
Why I'm SO sure ??
Politicans in Europe think they have mastered the Euro crisis, but people I can tell ya, this bastards have mastered shit.
Europe central bank has one of the low intrests in the world, the entire EU is on running on cheap money since the crisis of 2012/2013.
The bullrun we saw the last couple of years is only a result of low interests, banks and big companys are addicted to cheap money like a crack whore.
Central bank is in a bad spot right now, if they raise the interests rates, lot of those bank/big companys crack whores will have a huge problem.
If they don't raise them, they lost there sharpes sword, that saved us back in 2008....
Classic predicament, but with UK leaving the EU is pretty fucked anyway, especially we here in germany, cause we keep this entire EU shit running.
Bombed out like the rest of the market,#ETH is near its rally starting point around 90$ from 17.05.2017.
Besides that its dirt cheap right now, coinvestors can grab there piece for our weekly cost averaging.
Traders should go in with moderate positions and have there targets in mind between 140-170$.
Some of you has asked me, is this the bottom ?
Two things about that:
1.) I have no magicball telling me the future ;-)
2.) a proper bottom has to have at least 2 points.
Due the #coinverstorarmy is mostly in for cost averaging, it doesn't if we bought our coin for 100 or 130$ in the long haul.
ETH is one of this coins, you will get your reward for sure.
Why I'm SO sure ??
Politicans in Europe think they have mastered the Euro crisis, but people I can tell ya, this bastards have mastered shit.
Europe central bank has one of the low intrests in the world, the entire EU is on running on cheap money since the crisis of 2012/2013.
The bullrun we saw the last couple of years is only a result of low interests, banks and big companys are addicted to cheap money like a crack whore.
Central bank is in a bad spot right now, if they raise the interests rates, lot of those bank/big companys crack whores will have a huge problem.
If they don't raise them, they lost there sharpes sword, that saved us back in 2008....
Classic predicament, but with UK leaving the EU is pretty fucked anyway, especially we here in germany, cause we keep this entire EU shit running.
Trade ativo
still in for the long run...but now its more clear that eth will not be the next btc
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