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-   -   Ethereum dropping in value due to South Korea proposed ban on Crypto (https://www.aspkin.com/forums/cryptocurrency/113917-ethereum-dropping-value-due-south-korea-proposed-ban-crypto.html)

lucy 01-11-2018 01:12 PM

Ethereum dropping in value due to South Korea proposed ban on Crypto
 
Ethereum is dropping in value due to South Korea proposed ban on Crypto. Is it a good time to sell?

phaz0rz 01-11-2018 01:29 PM

Re: Ethereum dropping in value due to South Korea proposed ban on Crypto
 
I guess it depends on when you bought in. I bought in around $300 so I'll be riding it out a bit longer.

lucy 01-11-2018 04:39 PM

I bought in at £750, sold the full coin banked the profit, then sold 1 Litecoin and bought Ether again for £900 with the previous £750 and the sale of the Litecoin, whilst banking the profit of the sale of the 1 Ether coin I originally bought.
Quote:

Originally Posted by phaz0rz (Post 894832)
I guess it depends on when you bought in. I bought in around $300 so I'll be riding it out a bit longer.


lucy 01-11-2018 04:40 PM

You bought in cheap, how long ago was Ether at that price?
Quote:

Originally Posted by phaz0rz (Post 894832)
I guess it depends on when you bought in. I bought in around $300 so I'll be riding it out a bit longer.


phaz0rz 01-11-2018 05:44 PM

Re: Ethereum dropping in value due to South Korea proposed ban on Crypto
 
I'd have to go into my wife's Coinbase (never could get mine setup) to find the exact date/price but it wasn't that long ago. Last June or July. I bought 20 over the course of 2 weeks and they've been sitting there since. Bought a little over .5 BTC around the same time for $950. I've done a little short-term alt coin trading but I don't plan to touch my ETC/BTC balances unless they drop to where I'm netting a loss. Even with all my doomsday talk about crypto being in a massively overinflated bubble I can't turn a blind eye to the profit potential, lol.


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