Idk man. The market is so stupid right now. I have no clue what's going on with anything.

its too easy but you guys make it complicated with your adhd lmao

this is an absolute fact

We prefer to be called hyper focused actually

hyper focused on the sell button maybe yeah

This is my exact problem lol

I removed the widget from my home screen and my gains have never been higher

daily advice i wont take post:

eth market seems to be consolidating at the 1390-1430 range for the day. now that could mean another moon shot but lets be honest it more than likely means a week of consolidating as highs and lows grow closer together until it either breaks up or down. positive note, eth has finally shown it can break from BTC for the first time in this 20k-40k run of pricing. negative note, it doesnt mean it will for the forseeable future, this could just be the alt bubble we usually see after btc hits an all time high. my guess, if the latest ETH ath causes more institutional buying the stop loss bingo could drive prices up as large firms HLOD in preparation for a long term run to 2k. but that could be a hell of a long jog up to 2k. so get in long once it eventually dips back into the high 1200s if there's a spot and HLOD. and be ready to see 1100s again if it goes crazy volatile.

sidenote: still not a believer in LTC and as im on robinhood and not exchanges i have no exposure to LINK only some news that its pinging all over the place after a bull run.

for now i feel safe playing a few 3-4% target trades on the super short term while eth is this volitile. even tho the pattern of hitting new highs and lows at seemingly random is a bit scary. worst comes to worst i hold out for the eventual bull run to 2k which i truly believe is coming. whether soon or waiting on ETH 2.0 news and more news of adoption in the market of the technology itself, who knows.

unless its playing around money i really only sell investments if i need the cash for some large upcoming expense (or if its a total shit investment, but it seems harder to find those in the last 5-7 years). its so easy to liquidate funds now anyway with online platforms anyway.

if we are looking at upside id try to look back at the prior all time high ratio between eth and btc:

Dec 2017/Jan 2018 - btc hit 18k and change, eth 1.4k. ratio: about .078 to .08

2021 - btc hit 42k and change, eth 1.4k. ratio: .033 or so

you can do the math. now of course there are plenty of other factors now (lack of availability and even larger big name status for btc, more usable cases for eth protocol) . and just because something happened before doesnt mean it will again. 2017 was an eternity ago mainly due to the ico craze, obvious shitcoin pumping, and overall “wild west” feel with pretty much every major institution calling it a scam. now there are large institutional investors hoovering up btc and eth.

getting 3-4% gains is great if you do it every week. adds up quick

ya ive been of the idea that the 2017 1.3k ETH price was the most inflated coin price we'll ever see. it's insane that it hit that ratio at the time.

we wont really have a good idea on what ETHs trajectory is until it hits 2k, be it in a week or a year. after that i think its finally off the BTC price dependency forever. unless its caused by a BTC run up to 50k or something.

honestly if the ETH creator was a enigmatic guy instead of a pencilneck dweeb it would be at 5k already imo. i watched his interview with Lex Freedman and it was painful. Subway Jared would be a better spokesman.

edit: also ummmmm wtf is this slide to 1360s. im smarter than the market this isnt supposed to happen huhu

This post was edited by thesnipa on Jan 19 2021 01:11pm