CantorTechnologies

Double digit shitcoin again? Single digit shitcoin again???

Singkat
BITFINEX:ETHUSD   Ethereum
Hello friends,

Been of the opinion that shorting this dumpster fire is a good idea:


Here is the thing about ETH. It is entirely correlated with btc. Now, unfortunately, it did not see the upside btc did in the last massive move to about 14k. So maybe some of you fans of eth think it won't partake in massive falls in btc keeps going down. Well, btc is in a downtrend and a nasty one. There is no reason to be bullish on it, and ditto for eth.

This could well be the end of all the shitcoins. I hope you are prepared for all outcomes, especially the ones that don't work out in your favor. Personally, I will not be shorting this market because I don't believe in trading shitcoins. At least, the time to do it is after a big bull move like back in 2017. I missed that chance and unless another one comes along, will not partake in trading this market at all.

Good luck and don't be stupid,

Shkreli

Penafian

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