invesders
Long

And Now The Hardest Decision...When To Sell? $ETH

COINBASE:ETHUSD   Ethereum / Dollar
If you've followed my previous charts you'd know we've been all over this move. Now do you continue to ride, lock in some gains along the way or let the winner keep on running? Gotta love it!
What is the stance you are taking?
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I sold at $990 on GDAX. However, I put in a Stop Buy order at $1000.01. Only a $10+fees risk (actually more like $20-30 price risk, because the $1000.01 will likely be filled between $1010 and $1020), and if it does go back down in the meantime I have the option to cancel the Stop Buy and simply buy lower. .... caveat, I'm new to crypto trading and didn't even make very much on this rise the last few days, but do you see an issue with this thinking? Honest question.
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chwi03 chwi03
I bought a little back in at $982 on a limit order. Also, did the sell on a limit order, since limit orders have no fees.
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chwi03 chwi03
BTW, seeing that it wasn't picking any momentum back up, I re-sold shortly over $982 and am waiting to see what happens next.
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This is my biggest dilemma right now as well! I bought in at $920.. Do you think it can hit $1,100?
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chwi03 NestorBarajas
@NestorBarajas, I personally think it can, but I think some kind of retrace like we are seeing now had to happen first. My big question is whether this will be a short retrace to $950-970 today and then take a run for it, or a longer one, perhaps all the way back to $750-850, before it decides to takes a good crack at it.
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