Hi guys, the sell off in yesterday Bitcoin and Ethereum markets showed us once again that the beautiful gains we have achieved in the last months could vaporize just in seconds. There might have been some big sellers in the asian trading plafftform OKcoin, thats what the rumors are saying.
But I think Ethereum is due to a bigger pullback. There are too many people who are still sitting on cheap Ethereum which is now worth a couple of thousands dollars. I think the more people are realising what kind of profit they made they are becoming more willing to sell at this high prices.
With Ethereum at almost 400$, what does an Investor right know excpect to gain??? Another 300% rally so Ethereum is over 1000$ in the near Future??? I can`t see this coming for this year and so many good coins like Ripple, Digibyte, PIVX, Dash and so on, they all had there big pull back already. Ethereum is almost the single coin which is still due to an timely and pricely big correction.
Therefore I was selling yesterday some of my cheap Ethereum which I bought at the 10$ range.
Im curious what you guys are thinking about that? Im looking forward to your comments and likes!!!
