An excellent entry point for Ether
What's up guys, YoungShkreli in the building
I do not believe the bear market is over in Bitcoin, and thus I do not believe the bear market for crypto is over, so for those of you looking to buy cheap Ether, allow me to share my strategy.
You'll notice I've drawn a line at the $300 level. I remember back in the summer of 2017 when it was $70 and then it wasn't. Pretty much over night it shot to $400 and it was the craziest thing I ever saw until then (Ripple takes the cake for most surprising huge move imo). Markets have a tendency to go back to the levels you would have been dumb to buy at for the first time (because it was the top) and brilliant to buy after the hysteria dies down (because they are often near the bottom).
So, here's what I suggest explicitly. Wait for Ether to fall to $300. If it falls below $300 then buy Ether at the end of the first week that the weekly ashi stays green. That will be a fantastic entry and may very well prove to be very close to the bottom.
SUMMARY:
Ether is pretty cheap now relative to the ~$1400 high, but I think it's going to $300, so you can buy it then and with confidence when the weekly ashi flips color. If by then the weekly RSI is oversold, then all the better, you might become a millionaire.
Good luck bros,
YoungShkreli
I do not believe the bear market is over in Bitcoin, and thus I do not believe the bear market for crypto is over, so for those of you looking to buy cheap Ether, allow me to share my strategy.
You'll notice I've drawn a line at the $300 level. I remember back in the summer of 2017 when it was $70 and then it wasn't. Pretty much over night it shot to $400 and it was the craziest thing I ever saw until then (Ripple takes the cake for most surprising huge move imo). Markets have a tendency to go back to the levels you would have been dumb to buy at for the first time (because it was the top) and brilliant to buy after the hysteria dies down (because they are often near the bottom).
So, here's what I suggest explicitly. Wait for Ether to fall to $300. If it falls below $300 then buy Ether at the end of the first week that the weekly ashi stays green. That will be a fantastic entry and may very well prove to be very close to the bottom.
SUMMARY:
Ether is pretty cheap now relative to the ~$1400 high, but I think it's going to $300, so you can buy it then and with confidence when the weekly ashi flips color. If by then the weekly RSI is oversold, then all the better, you might become a millionaire.
Good luck bros,
YoungShkreli
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