After 16 hours trading yesterday, I thought Id made out like a bandit. Started with 7 ETH Sunday morning, by 3AM Monday morning, I shut everything off with 9.6 ETH. Killed it!
I always put my phone on silent when I go to bed, but last night, I knew Id better leave it on. Sure enough at 7:30 my phone was blowing up, sell sell sell sell! Half asleep I meandered over to my computer. When I called it a night it was $264, hit sell this morn at $258. No major loss, but being a new trader, Ive tried to abide by one of Warren Buffets main rules, "never post a loss".
After breezing through several websites, certainly seems like this week is going to be a blood bath. In the past 35 minutes since I sold its plummeted another $25 and GDAX has crashed. So yall are S.O.L. on anymore screen shots.
How low will it go? There was strong support at $300, $276, $258, $220 on the charts. Strongest support before it sky rocketed to $220 was at $89. If goes down to $89, or lower, one must question the relevancy of ETH all together after dropping nearly $300 in a matter of weeks.
We can all expect to watch our Steem get cut in half this week, with Bitcoin getting hosed too.
The "analysts" say major loses...thanks for that professional eye rolling assessment.
But hey, worst case, its Monday...oh wait, sorry.
