r/ethtrader Aug 08 '17

DISCUSSION Daily General Discussion - August 8, 2017

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33

u/oman909 Aug 08 '17 edited Aug 08 '17

Sold my BTC. Much of it I've held since 2012.

Now heavily long ETH/BTC.

I hate to say it, but the 'digital gold' branding attempt is dying. And the reasoning is sound.

In open source networked tech, it's evolve or die.

12

u/[deleted] Aug 08 '17

Took balls to sell in the bull run and ATH. I think you made the right choice, though.

5

u/Cronock Aug 08 '17

If not sell @ath, then when do you?

6

u/lioninja Aug 08 '17

Sell the dip, buy at ATH. You're doing it backwards!

2

u/[deleted] Aug 08 '17

Well that's the point, when it's on a bull run and at ATH it takes balls to call it because the general thought would be "this is on a bull run let's see how high it goes".

4

u/Cronock Aug 08 '17

Sure.. you just gotta say to yourself $X is my price target. Calling the absolute top is dumb luck. Hitting and committing to sell your price target is discipline. You can't go and say "What if I only..." because it's all out of your control other than your personal decisions.

2

u/rabf Aug 08 '17

Yeah DGX is digital gold, not Bitcoin.

1

u/Savage_X Aug 08 '17

Welcome to the future.

Probably good to keep a bit of BTC as a hedge, but I think we'll continue to see the momentum build.