Very Large Ethereum Correction in Near Future?

in #cryptocurrency7 years ago

Ethereum Has Grown 1800% in 4 Months:

Watch this video if you're knee deep in Ethereum and haven't already scraped profits off the table! Enlightening video about the potential for a huge pullback due to massive gains in such a short time. Is This Time Different Though?

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I sure hope so! I am sitting here on the sidelines, having finally figured out how to buy ETH. I can't buy until we see some kind of correction!

i think, you're smart. nobody knows, what's coming and when, but at the moment it's out of control...

I only see ethereum going to the moon. There are so many big players in on its smart contract technology (Toyota and Microsoft to name just two-and there are lots more) The potential for the ethereum blockchain to save trillions of dollars for businesses, corporations, people....can't be ignored. If you haven't bought, now is the time. Even if you only buy $100.00 worth....

I agree, it is very scary.
I wrote about the subject here: https://steemit.com/bitcoin/@nenio/dot-com-daja-vu
Upvoted.

Good post ! I like Jason Burak, smart guy made many fine points, although pros and cons I think are still speculative on ETH. I bought some before they exploded and plan to sit on them for quite a while. I would not buy any now if I did'nt have any, I would wait for a correction before buying. He's right about the dangers of thinking this time is different, although this time might be different. It's not only speculation on the future potential of the technology that is fueling it upward trajectory, but fear of the dollar devaluation and seeing it as a safe haven asset as well. I know i'm being a little contradictory, hell these are crazy times.

ethereum is the future, and is going to the moon! in my humble opinion though, and i have been known to be wrong from time to time, but i really feel that ether is going to be bigger than bitcoin, and will eventual change the way the world sees "money"