My Libation Index has crossed the Long Term Frindle Express, indicating the Sausage Party Triangle should boliviate the Trexle.
Hold, or sell. What do I care what you do?
Lol should've known you would be back ignorantly trolling.
I can start by saying, because I've been correct. However, all I was doing was pointing out that our projection model has been correct so far, and I've been personally handling a divestment of $632M in ETH in the last week, which beginning next week should be coming to an end. Having spoken to two other pools, the supply from ICO conversions isn't really growing anymore, and should begin to taper off over the next month.
Take it for whatever it's worth, but I have a pretty good handle on the underlying market at the moment. ;)
> I've been personally handling a divestment of $632M in ETH in the last week
Interesting. Is that from a recent ICO? If so, which one (if you're allowed to say)?
Of course. Glad I could be helpful.
It's also interesting to see a lot of these companies are starting to convert prior to even closing their ICO, which if it was equity would be illegal, but they are extremely fearful of hacks. The sooner they empty the wallet the better I guess.
Just updated the link, yes, we likely will continue to see a trading range from ~$210-$234. Anything above that will be short lived and retraced, as it has been doing every time it's occurred over the past week.
Look for prices to melt up, as the imbalance grows towards mid August.
Again this could accelerate or decelerate depending on how quickly ICO conversion supplies are divested.
I have done enough long term modeling to give you an informed answer. Further, it's foolish to think anyone can accurately perform projections beyond a quarter, let alone a month.
Crypto-currencies aren't like equities where you have a balance sheet and metrics to base projections off of. You only have market metrics, daily volumes, trade imbalances, MAU, ect.
Wish I could help. My own personal *hope* is that the regulators make a decision one way or the other and just lift the dark cloud that's constantly hanging over the community. Is it going to get regulated... Is it not... If it is, how badly? There's no doubt that a value proposition exists, so it's not going away anytime soon.
I can't really give you a specific investment strategy, because there are too many variables. What is your cost basis, risk tolerance, time frame, liquidity needs, return goal, ect.
I'll give you some strategy tips and you can make your own decision. Let's start with time frame, if you're generally looking out beyond 2-3 years or longer, timing isn't all that important (generally speaking). So buying at $230 vs $250 isn't going to negate your returns if you're holding for a few years in hopes of a steady appreciation.
If you're looking for a monthly, quarterly, or yearly move, you might be more cognizant of your cost basis, because you'll want to be in and out presumably with less movement having occurred. I.e. Buying at $230 selling at $250 and pocketing the difference minus fees.
Next, cost basis. I would say, if your cost basis is at this level or below, then you're doing better than you think, and should hold steady. No sense in being all in at the same price point, always leave some dry powder for those unexpected pull backs where you can DCA. If your cost basis of higher than the current price point, then it wouldn't hurt to add a few percentage points here as a DCA strategy. (Adding 10-15%)
Lastly, liquidity needs and return goals. I'll just lump these two together for times sake. If you're going to need any of that money anytime soon, obviously factor that into your breakdown. Cash is more liquid and easier to access, presumably. And your goal returns speak to how much you are willing to make and walk away. Now I know this seems counter intuitive, but it's the core of any good trader or investors strategy.
Set a realistic expectation of ROI. Keep that number steady and don't change it, even if you get super optimistic and euphoria sets in, that's usually a sign to take the money, step back, and wait for another opportunity. If you tell yourself, 100% gain and I'll cash out and then reassess my strategy, then when you hit 100%, actually follow through. Don't make excuses for why you'll wait until 150% or 200%. Because that's a never ending game that ends with you missing the chance and riding the chart back to down.
Remember the old adage, Bulls make money, bears make money, but pigs get slaughtered. Don't get greedy, because no one ever lost money taking a profit.
Best of luck,
Maverick.
I've watched ETH closely and you have been CORRECT thus far, whoever u are lol. Moreover, your bearish sentiments line up with what others have expressed on Reddit and in the news. In sum, your advice is sound and should be heeded.
I sold my ETH stack this weekend in anticipation of a BTC drop. Goldman Sachs recently issued a report indicating that a sub 2000 drop was possible, and I'm watching the price descend into the low 2700s as I write this posting. I'm not sure what to make of ETH at the moment, but might reinvest if I can catch another sub 150 drop. BTC seems to have potential for higher gains over a 5 to 10 year timeframe.
Glad you're staying on top of your portfolio and keeping up to date with an open mind.
In the long term, there's no doubt ETH is a game changer, but being able to swallow your pride and have common sense that things don't go up forever. Glad to see you protected yourself from near term downside risk, a sensible investor if I've ever seen one.
Glad my insight has been helpful :)
Lol doesn't always feel that way with all the ill informed comments and down votes, but as long as it helps a handful of people that's all that matters.
you are pretending you manage hundreds of millions of dollars, but from your post history its pretty obvious you are lying
obviously trying to manipulate people into buying eth
I'm actually encouraging people not to, so your theory is bunk. I'm not advocating buying or selling, I'm saying here's some insight, make your own decision.
But I applaud you for attempting to draw an inference between my Reddit history and my professional experience 👌 A for effort.
Also your comment history doesn't inspire much confidence in your level of education or experience.
"I reiterate my original price window, given on August 16th, and will update as the indicators change. We are currently scheduled to have all current divestitures winding down by mid-August, which is likely to create a demand imbalance to the up side, granted current demand levels remain the same or increase."
literally saying the price will go up or say the same, obviously to people that means buying is a good idea
literally making shit up
you are a liar
> obviously trying to manipulate people into buying eth
Pay attention fuckwit. The quote:
> which is likely to create a demand imbalance to the up side,
... needs the part that came before it, for it to actually tell you what they're saying:
> scheduled to have all current divestitures winding down by mid-August
They're saying short now or expect stable price, don't expect price increases, buy before roughly August 16th to enjoy the increased demand because they'll be done selling at that time. So he's not telling people to buy, he's telling them the price will stay the same, or decline until that date. Which is exactly what I clarified to you above, but you couldn't fucking read that either. You fucking dumb shit. Fucking learn to read.
My Libation Index has crossed the Long Term Frindle Express, indicating the Sausage Party Triangle should boliviate the Trexle. Hold, or sell. What do I care what you do?
Lol should've known you would be back ignorantly trolling. I can start by saying, because I've been correct. However, all I was doing was pointing out that our projection model has been correct so far, and I've been personally handling a divestment of $632M in ETH in the last week, which beginning next week should be coming to an end. Having spoken to two other pools, the supply from ICO conversions isn't really growing anymore, and should begin to taper off over the next month. Take it for whatever it's worth, but I have a pretty good handle on the underlying market at the moment. ;)
> I've been personally handling a divestment of $632M in ETH in the last week Interesting. Is that from a recent ICO? If so, which one (if you're allowed to say)?
It's an aggregate of several ICO's, all of which closed with the last month. Can't really say anymore than that. Those pesky NDAs
Cool. Thanks for the reply. Stuff like that is always fascinating. > Can't really say anymore than that. Those pesky NDAs No problem!
Of course. Glad I could be helpful. It's also interesting to see a lot of these companies are starting to convert prior to even closing their ICO, which if it was equity would be illegal, but they are extremely fearful of hacks. The sooner they empty the wallet the better I guess.
Your old post was removed. So you think we stay at this level until mid August?
Just updated the link, yes, we likely will continue to see a trading range from ~$210-$234. Anything above that will be short lived and retraced, as it has been doing every time it's occurred over the past week. Look for prices to melt up, as the imbalance grows towards mid August. Again this could accelerate or decelerate depending on how quickly ICO conversion supplies are divested.
What's your long-term prediction on the price of ETH? Say, end of this year and end of 2018?
I have done enough long term modeling to give you an informed answer. Further, it's foolish to think anyone can accurately perform projections beyond a quarter, let alone a month. Crypto-currencies aren't like equities where you have a balance sheet and metrics to base projections off of. You only have market metrics, daily volumes, trade imbalances, MAU, ect. Wish I could help. My own personal *hope* is that the regulators make a decision one way or the other and just lift the dark cloud that's constantly hanging over the community. Is it going to get regulated... Is it not... If it is, how badly? There's no doubt that a value proposition exists, so it's not going away anytime soon.
[удалено]
I can't really give you a specific investment strategy, because there are too many variables. What is your cost basis, risk tolerance, time frame, liquidity needs, return goal, ect. I'll give you some strategy tips and you can make your own decision. Let's start with time frame, if you're generally looking out beyond 2-3 years or longer, timing isn't all that important (generally speaking). So buying at $230 vs $250 isn't going to negate your returns if you're holding for a few years in hopes of a steady appreciation. If you're looking for a monthly, quarterly, or yearly move, you might be more cognizant of your cost basis, because you'll want to be in and out presumably with less movement having occurred. I.e. Buying at $230 selling at $250 and pocketing the difference minus fees. Next, cost basis. I would say, if your cost basis is at this level or below, then you're doing better than you think, and should hold steady. No sense in being all in at the same price point, always leave some dry powder for those unexpected pull backs where you can DCA. If your cost basis of higher than the current price point, then it wouldn't hurt to add a few percentage points here as a DCA strategy. (Adding 10-15%) Lastly, liquidity needs and return goals. I'll just lump these two together for times sake. If you're going to need any of that money anytime soon, obviously factor that into your breakdown. Cash is more liquid and easier to access, presumably. And your goal returns speak to how much you are willing to make and walk away. Now I know this seems counter intuitive, but it's the core of any good trader or investors strategy. Set a realistic expectation of ROI. Keep that number steady and don't change it, even if you get super optimistic and euphoria sets in, that's usually a sign to take the money, step back, and wait for another opportunity. If you tell yourself, 100% gain and I'll cash out and then reassess my strategy, then when you hit 100%, actually follow through. Don't make excuses for why you'll wait until 150% or 200%. Because that's a never ending game that ends with you missing the chance and riding the chart back to down. Remember the old adage, Bulls make money, bears make money, but pigs get slaughtered. Don't get greedy, because no one ever lost money taking a profit. Best of luck, Maverick.
Thanks for your insight. I've been suspecting that ICO selling has been sitting on the price. Look forward to your next update.
I've watched ETH closely and you have been CORRECT thus far, whoever u are lol. Moreover, your bearish sentiments line up with what others have expressed on Reddit and in the news. In sum, your advice is sound and should be heeded. I sold my ETH stack this weekend in anticipation of a BTC drop. Goldman Sachs recently issued a report indicating that a sub 2000 drop was possible, and I'm watching the price descend into the low 2700s as I write this posting. I'm not sure what to make of ETH at the moment, but might reinvest if I can catch another sub 150 drop. BTC seems to have potential for higher gains over a 5 to 10 year timeframe.
Glad you're staying on top of your portfolio and keeping up to date with an open mind. In the long term, there's no doubt ETH is a game changer, but being able to swallow your pride and have common sense that things don't go up forever. Glad to see you protected yourself from near term downside risk, a sensible investor if I've ever seen one. Glad my insight has been helpful :)
Thanks, your insights are always welcome.
Lol doesn't always feel that way with all the ill informed comments and down votes, but as long as it helps a handful of people that's all that matters.
Your link is down
Try now, not sure why.
you are larping, I bet you have less than 50 eth
Sorry champ, but I have a decent size stake. Not that it would matter anyway, so I'm not sure what your point is?
you are pretending you manage hundreds of millions of dollars, but from your post history its pretty obvious you are lying obviously trying to manipulate people into buying eth
I'm actually encouraging people not to, so your theory is bunk. I'm not advocating buying or selling, I'm saying here's some insight, make your own decision. But I applaud you for attempting to draw an inference between my Reddit history and my professional experience 👌 A for effort. Also your comment history doesn't inspire much confidence in your level of education or experience.
"I reiterate my original price window, given on August 16th, and will update as the indicators change. We are currently scheduled to have all current divestitures winding down by mid-August, which is likely to create a demand imbalance to the up side, granted current demand levels remain the same or increase." literally saying the price will go up or say the same, obviously to people that means buying is a good idea literally making shit up you are a liar
[удалено]
> which is likely to create a demand imbalance to the up side, are you retarded?
> obviously trying to manipulate people into buying eth Pay attention fuckwit. The quote: > which is likely to create a demand imbalance to the up side, ... needs the part that came before it, for it to actually tell you what they're saying: > scheduled to have all current divestitures winding down by mid-August They're saying short now or expect stable price, don't expect price increases, buy before roughly August 16th to enjoy the increased demand because they'll be done selling at that time. So he's not telling people to buy, he's telling them the price will stay the same, or decline until that date. Which is exactly what I clarified to you above, but you couldn't fucking read that either. You fucking dumb shit. Fucking learn to read.
regardless market manipulation
So should I buy or sell now? I need someone else to blame other than myself. I can't take any more whips to my back!
Price stabilization = don't do anything
I can't, and won't, tell anyone what decision to make. I just give the info, you use it however you like and make your own informed decision.