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/biz/ - Business & Finance

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51444871 No.51444871 [Reply] [Original]

I’m thinking about shorting eth. I don’t always make the best financial decisions at 4 am, but I also usually wake up with regret from not trusting my 4 am self. Eth is already up 2x from its recent low, is it already time to sell the news? I know there’s countless reasons merge should be good for price, but since it’s been awhile and the price has moved less than 3%. This was supposed to be massive, I expected bags to get PACKED for the moon once it went without a hitch. So… I short?

>> No.51444876

idk nigga

>> No.51444877

It's the obvious move anon. Do it with 5x to be safe.

>> No.51444892

>>51444871
Yes, holy shit OP, it's crabbing after a massive piece of news, this could go either way.
I wouldn't touch either side of the market right now.

>> No.51444901

I shorted 1760, then shorted more 1700, shorted more 1650. Closed. Reshorted 1650. Shorted 1600. Now I'm short from 1570 and I slept like a baby knowing this weak bitch isn't gonna pump

>> No.51444908

>>51444892
Let him lose his money.

>> No.51444917

>>51444871
buy the rumor would have been months ago and sell the news should have been before yesterday

>> No.51444930

>>51444871
maybe

>> No.51445045

>>51444917
Don't bother, they'll never get it

>> No.51445114

>>51444871
Shorting now is as retarded as shorting BTC right after the halving. Sure, there may be a short term dump but the odds are against you

>> No.51445136

>>51444871
Check volume before making a decision

>> No.51445139

>>51444871
all frog posting incels deserve to be slapped

>> No.51445141

>>51444871
You could've closed in profit already lmao

Don't listen to the eth shills. They bought for 1 usd and don't give a fuck either way

>> No.51445161

>>51444892
it shows uncertainty, which always means dumping

>> No.51445167
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51445167

>>51445139
you have to go back

>> No.51445186

>>51444871
I'm slightly nervous about buying in, so that usually means it will 2x

>> No.51445199
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51445199

>>51444871
>he holds?
>dump it.

>> No.51445248
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51445248

>>51444871
>I know there’s countless reasons merge should be good for price, but since it’s been awhile and the price has moved less than 3%
It's been what a few hours? You're gonna short a deflationary token? In the doldrums of the bear market? Don't make me hit your reset button

>> No.51445552

>>51445248
Fuck off eth foundation
Everyone knows eth is a shitcoin no one's pumping your bags