Long

Beginning ETH Accumulation

Updated

Started first round of accumulation yesterday in ETH @ $215. I think the bear market is beginning to round out it's bottom and will begin to recover over the next 6 months. We are nearly at 84% retracement for ETH and the risk to reward ratio is incredibly in favor of buying here.

Not investment advice. Just my thoughts.

Trade active

Picked up more ETH at $199 this morning. We're getting so many chances to buy the bottom of this bear market. These prices are a gift. The bull will come and when it does. You do not want to be late. The bull market is the time to kick up your feet and relax.

Note

Still here. Have been accumulating in the $100-150 range. Many think the bottom of the bear market is in. As always, no way to truly know but that's why you dollar cost average into your position. Continuing to add

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Strong accumulation phase. Now is the time to be pouring in before the real bull market gets going because once it gets going, you will never see these levels again. I am accumulating as much as possible. Once we break above $200, I will likely stop accumulating and be along for the ride at that point until it's time to start watching sell targets which will come later. Stay tuned.

Note

We've still yet to see any alt season come around but I am confident it will. Once Bitcoin starts catching the mainstream's attention and people begin to FOMO buy, the excitement will once again continue the buying into alts, with people trying to find the next "Bitcoin" looking for the next big thing, but really just chasing highs.

Note

Still holding this position - Minimum 10:1 upside expected from here

lunarlemur

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