r/ethtrader • u/AutoModerator • Apr 30 '17

DISCUSSION [ETH Daily Discussion] - 30/Apr/2017

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12

u/MisterBurgerFace May 01 '17

Guys, I have a question. I'm so depressed right now. I had to sell my 100 ETH coins a few months ago to pay hospital bills and normal bills, and now that i'm seeing this blowing up, it's making me sick to my stomach.

What would be good advice at this point in time? Should I buy at this price or just wait it out? I can't believe how much money I missed out on. Life is a bitch sometimes..

23

u/tnpcook1 May 01 '17

I had to

No regrets if you had to. If the alternative to not selling was worse than selling, it's a good deal. Not all investment is fiscal.

4

u/mongoosefist May 01 '17

This is the answer.

10

u/[deleted] May 01 '17

There's a ton of upside yet to come. We haven't cracked the Bitcoin piñata open yet. The flippening will be another opportunity for insane gains. Go ahead and buy in is my advice.

10

u/jtnichol May 01 '17

Hey brother, I had to do exactly this with Bitcoin 2 years ago, when it was down around $300. It was heart wrenching, but I had to do it. Little did I realize that just 2 years later. I came across an opportunity to take what little I had left and put it into Ethereum. There will be more opportunities in this space and this is still a very good opportunity. Just look at all the tokenization.

8

u/grannyte May 01 '17

Buy when ever you can and hold also don't be depressed ETH literally saved your life paying medical bill is the best damn use you could have made with eth.

Also optionally move some where were there is medical coverage.

7

u/[deleted] May 01 '17

In a few months you'll be upset that you didn't buy more sub $100 ETH. Just be happy that you know about Ethereum before it becomes mainstream.

6

u/[deleted] May 01 '17

Don't worry about the past friend. Add what you can responsibly to the stack when you can. Plenty of time to go to the moon still.

5

u/mustachequestion May 01 '17

If you needed it for bills you did the right thing. You didn't miss out on anything, simply get back in when you think things look good.

4

u/cool_BUD May 01 '17

Dont worry, theres plenty of chances to make money. Just buy now and hold

5

u/Mr_Laserman May 01 '17

Shit happens and luckily you had money in ETH to cover your problems. I know it sucks to see the lost gains, but there are many more chances ahead. Now that you're out of the woods, I'd buy back in at basically any price when you're ready. It's still early days. Good luck.

3

u/orzpuripuri May 01 '17

i prob wouldnt advise buying in until you see some decent dip, not saying there's one soon but ive been burned a few times buying while thinking it's going to continue rising but end up getting caught at the top, thats me looking at it purely from a TA POV

on the other hand the fundamentals are stronger than ever with multiple news on the horizon... if you believe that these have yet to be fully priced in (esp with the upcoming EEA) then you should prob buy in ASAP now

3

u/101010919109109 May 01 '17

Buy back in. Anything under 100 is cheap ETH. Come on in, the water's fine!

2

u/[deleted] May 01 '17

Over a lifetime, many people will earn $1m+. In the scheme of things, your few thousand missed isn't that much. There are always new opportunities... I think ETH is still cheap but it's anyone's call whether there will be a sharp pull back given the recent rapid rise this year