What is happening with ETH

[alekmikh]

Anybody can explain this
Why eth is falling last month so much?
IK that we should hold for the end of the year or next few years, but can eth be recovered from this low price?

[LOLAccounts4Us]

Anything is possible, if you have faith, just hold on tight.

[TechModz]

Rule 1 - Never sell at a loss

Yes it can recover but to what amount is unknown
Thats your choice to make my friend hopefully you only invested what your willing to lose because the price of eth could go back to $100 just as fast as it could go to 600 welcome to crypto

[Allura]

What is happening to bitcoin**

We’ve been in a bear market for months now. This huge dip was caused by SEC delaying an answer about the approval or denial or BTC ETF’s.

[[MPGH]Hugo Boss]

I think we are in the despair phase now, so maybe the take off comes next.
There are a lot of greedy people out there, so if price manipulation is a way to make money, then people will do it in the short-run.
This whole year has been a bear market, but if you are talking about the recent bigger dips it is as Allura said due to the SEC hearing delay to some time in September (I forgot the actual date, but it was previously going to be on August 10?).

[Fregi]

I think we are in the despair phase now, so maybe the take off comes next.
There are a lot of greedy people out there, so if price manipulation is a way to make money, then people will do it in the short-run.
This whole year has been a bear market, but if you are talking about the recent bigger dips it is as Allura said due to the SEC hearing delay to some time in September (I forgot the actual date, but it was previously going to be on August 10?).

So what now? I was thinking of selling my BTC I bought at like 7-8k, because I need it. And maybe some LTC in a few weeks as well, that I bought at 100$?

U think in the next few days we can see a big jump? Looking to pull out by the 20th.

[[MPGH]Hugo Boss]

So what now? I was thinking of selling my BTC I bought at like 7-8k, because I need it. And maybe some LTC in a few weeks as well, that I bought at 100$?

U think in the next few days we can see a big jump? Looking to pull out by the 20th.

You don't lose anything until you sell. That's what crypto traders say all the time and it's true. At the end of the day, it will depend on who owns the most.
Right now is a good time for people to accumulate. I mean a lot of us wished we bought at these prices earlier in December and now we have the chance.
Nobody really knows when it's going to go up, or down. BTC has been holding off really well compared to other alts actually.

Regarding LTC, I sell mine all the time, but I always buy it back at a lower price.
Having said that when you sell and try to buy back lower, you get a bigger risk of losing.
If you really want to sell for some money, sell your alts, and not bitcoin.

All it will take is a little bit of FOMO and we go skyrocketing. Remember that people will always want to make money and right now the best way these wealthy people are making money in the long-run is by taking your money (the people who are selling to them).

[Dinoland]

JUST #HODL !!!!

[Golden]

ICOs are sellign to secure funds for the future

[wickreDz]

Rule 1 - Never sell at a loss

Yes it can recover but to what amount is unknown
Thats your choice to make my friend hopefully you only invested what your willing to lose because the price of eth could go back to $100 just as fast as it could go to 600 welcome to crypto

That's a terrible advice ,

None the less , the ETH drop is partly because all the big ICO from last year and this year are cashing out ,
Even though I am not invested in ethereum in my opinion its the safest investment right now and i wouldn't worry too much.

[amaan2]

Anything is possible.

[Jwccheng]

Rule of thumb, never ever sell at loss, HODL all da way

[devriesp644]

ICOs are sellign to secure funds for the future

100% correct

[[MPGH]Dave84311]

People are buying up coins for the next pump

[Greythorne]

hold it till you profit again, the prices are unpredictable unless you got a degree in macro economics