Ether has just surpassed the $30 mark!!!! I cringe nearly every day because I sold all my Ether when it passed the $12 mark just last month. I thought I was cashing in; $10 to $12 seemed like a huge success. Now this is me nearly every day, watching the price sky rocket:
Any other Steemians out there make the same mistake???
Cheers,
Rob
Hey Rob,
Given the level of daily volatility, I'm sure you can get back in, with 'house' money so to speak. Your capital is off the table, which is rule number 1. You've been prudent by exiting at a price/profit that your happy with.
Jason,
Thanks for commenting. Very true, however the potential of "what if" scenarios is always daunting.
So what's driving the spike now?
I am very unsure. However the recent flurry of Ethrereum adoption and activity can only be positive for the price of Ether.
Did some looking yesterday and found this article that might be part of it: https://cointelegraph.com/news/ethereum-prices-all-time-high-may-be-result-of-partnerships-strategy
Awesome that makes sense. Thanks! I am sure as more corporations and big companies buy in, the consumer trust will rise and the price of Ether will as well.