Ethereum price discussion

[Ander]

It seems that the decline has begun again.  Could be reasonable to short any bounces.  Currently I have no position.   Good thing I wasnt long!

[fav]

really appreciate your reports too! wish I had the patience for day trading

[Ander]

I might be done with the ETH trading for a while, I cant decide if it will go up or down.  I bought some bts with the btc and put the rest on lending.  Also, I've got almost 200k BTS loaned out, which means there is a significant short position in BTS right now.  A BTS rise could screw some shorts.

[phillyguy]

@Ander love following your action. Nice work overall!

[Ander]

Covered, only made like .03 btc.  Got scared by the 10k buywall at .0062.

[Ander]

Someone big dumped a couple minutes after I posted!

Is there a whale following me?


Its great to see those sell walls now lower than my entry price, helps guarantee a profit.  I'm not covering yet though, if this breaks under .006 it could go down significantly.

(On the other hand there is now over 3000 btc on the buy side of the orderbooks, which is a ton.  SO maybe its just going to correct a bit and then keep going up.  We'll have to see) 

[Ander]

Shorted a little, .0064.  My bounce target was .0065 and it got there.
Now I feel it could go back down. 

But gotta be very careful, because it could just keep going and going, who knows.

[Ander]

Sold the rest.  Another 10k free BTS from the profit.  No ETH position, waiting to see what happens.

Ander Im curious do you day trade full time?

I've been doing it a lot since ETH released.  Not normally though.

[speedy]

Sold the rest.  Another 10k free BTS from the profit.  No ETH position, waiting to see what happens.

Ander Im curious do you day trade full time?

[Ander]

Sold the rest.  Another 10k free BTS from the profit.  No ETH position, waiting to see what happens.

[Ander]

Sold half what I bought already at .00638, waiting on the rest.  That was fast.

[Ander]

Holy crap, literally 2 minutes after I long, this goes up.

Some whale watching for my posts and following them or something?  lol.  (Nah I dont actually think thats happening)

[Ander]

I bought ETH again, think its going up.  Took a small loss on last attempt to short.   But it was less than the free money I got off that dump at least.  Long from .0061.

[Ander]

Hmm, seems they announced a fix, might have to just cover here around breakeven.

[Ander]

Shorted again near .006.  The dump form the network issue damaged the chart a lot, should have a second drop I think.