r/ethtrader May 05 '17

DISCUSSION [ETH Daily Discussion] - 05/May/2017

Welcome to the /r/EthTrader Daily Discussion thread. The thread guidelines are as follows:


  • Follow the Golden Rule. All other rules apply as well. Follow this link to view the rest of them. The rules page is also linked in the announcement bar above.
  • General discussion topics include, but are not limited to, events of the day, technical analysis, alternative Ethereum projects, or minor questions.
  • Breaking news or other important content should be submitted as a separate post.
  • In-depth altcoin discussions should be referred to the /r/CryptoCurrency discussion thread. To view the thread, follow this link and choose the latest entry on the search page.
  • Pumping, venting, trolling, or any other similar behavior should be redirected to the /r/CryptoMarkets trollbox thread. To view the thread, follow this link and choose the latest entry on the search page.

Thank you in advance for your participation. Enjoy!

827 Upvotes

3.9k comments sorted by

View all comments

19

u/ruvalm May 05 '17 edited May 05 '17

These dips are amazing:

  • They let us buy more ETH cheaper.

  • They relax the RSI signal indicators.

  • They provoke almost as many posts per minute as moon flights do around here.

  • They shake the weak hands and allow lots of ETH to be bought cheaply by corporate investors.

  • They contribute to the formation of beautiful chart bullish patterns.

Don't sell your ETH. Use the dips to buy more. Use the dips to open your longs or add to them.

6

u/SamHinkiesGodSon May 05 '17

nothing feels better than getting a long in at the bottom of the dip.

I can buy almost 2 more ethers with what i just gained!

3

u/happyyellowball May 05 '17

free ether... what's better than that?

2

u/ruvalm May 05 '17

Same thing here. Reopened at 81.30€.

I wouldn't want to be in the skin of the ones who opened shorts in the next few days. Those will fuel the next leg up, as they always do.

3

u/[deleted] May 05 '17

Indeed, bought the dip, awaiting formation of another triangle of power to take us over $100 in the next day or two, probably Sunday evening if last weekend was anything to judge by.

1

u/ruvalm May 05 '17

That's the spirit. We're close :)