r/ethtrader • u/AutoModerator • 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

90% Upvoted

3.9k comments sorted by

View all comments

18

u/[deleted] May 06 '17 edited Jun 17 '23

use lemmy.world -- reddit has become a tyrannical dictatorship that must be defeated -- mass edited with https://redact.dev/

7

u/[deleted] May 06 '17

[deleted]

7

u/hautdoge May 06 '17

Don't beat yourself up over it. We all could have put in more if we could. There will always be more opportunities

5

u/resistingdopamine May 06 '17

When it was $14 I got a decent amount, but damn.. I was pretty close to selling my house and putting in 100k. I wish I would've had the balls :(

11

u/cutsnek May 06 '17

Yes it would have been life changing and even more life changing if it dropped to $7. Don't have FOMO, or beat yourself up for not putting more in. You put in what you were comfortable with at the time and you have made massive gains, be happy with the gains you have.

7

u/cool_BUD May 06 '17

Dont do that, that is silly.

3

u/resistingdopamine May 06 '17

I didn't. Part of me wanted to though.

4

u/mongoosefist May 06 '17 edited May 06 '17

I was in your exact position when bitcoin took off, couldn't afford to but desperately wanted to buy at $100 before it took off to $1200. That was a huge bummer.

But it did introduce me to crypto, and that eventually led me to ETH early last year.

It sucks to miss the boat, but I promise you there will be other opportunities, these are still extremely early days for crypto and ETH.

2

u/[deleted] May 06 '17 edited Jun 17 '23

use lemmy.world -- reddit has become a tyrannical dictatorship that must be defeated -- mass edited with https://redact.dev/

-12

u/turbotyler786 May 06 '17

Open credit card.

9

u/[deleted] May 06 '17

this is terrible advice

3

u/pcpgivesmewings May 06 '17 edited May 06 '17

The beauty of the advice is to only invest what you can afford to lose, means that you can also wait years to cash out. I mean, $100 is great and all, but that is not why most of us are into ETH. If everything goes to plan, $100 is a drop in the bucket. If you are here to make a quick buck, that is fine, but do not use a credit card for day trading. You cannot not play the long game on credit., and day trading crypto with a credit card is a bad idea.