Bought Ethereum around the New Year high - What to do now?

[Messorem_Crypto]

I chose to jump on the bandwagon at an obviously terrible time. Invested 1k in Ethereum when the price was relatively high after the New Year.

Now the market is bearish (and looks like it could be for a while), what's the best course of action? Liquidate ETH, cut my losses and buy altcoins whilst they're at their bearish price? Bear in mind I was only planning on holding altcoins for around 6-9 months.

Any advice would be greatly appreciated.

Messorem.

[CryptoAlphaStar]

Ethereum is King and it will be King until some other platform surpasses it in adoption. I don't see it happening in the forthcoming months. Eth is the only project that deserves its value in this bubbly market, I think.

[Metroid]

Ethereum is King and it will be King until some other platform surpasses it in adoption. I don't see it happening in the forthcoming months. Eth is the only project that deserves its value in this bubbly market, I think.

Hear this guy, is a smart one, I have been in crypto since 2011 and i must say that eth is the path forward for cryptocoins, do not give in, cause if you do  then you will regret it.

[madtea]

Just relax. The best thing I can suggest right now is go watch (if you have some free time) the BIG short.

[PetrovichCoinMaster]

I also purchased Ethereum at a high price, you will also receive a certain amount of mining. The main thing is not to panic and just to wait it out.

[dinoloverpete]

I chose to jump on the bandwagon at an obviously terrible time. Invested 1k in Ethereum when the price was relatively high after the New Year.

Now the market is bearish (and looks like it could be for a while), what's the best course of action? Liquidate ETH, cut my losses and buy altcoins whilst they're at their bearish price? Bear in mind I was only planning on holding altcoins for around 6-9 months.

Any advice would be greatly appreciated.

Messorem.

Unless I'm mistaken I would've thought you will still be in a profit even now? Eth is holding up better than most and generally people are very bullish about its future. If your original plan was to hold for 6-9 months then stick to that plan. Trust me, in 6-9 months you'll be glad that you did.

[ceremonita]

Ethereum is King and it will be King until some other platform surpasses it in adoption. I don't see it happening in the forthcoming months. Eth is the only project that deserves its value in this bubbly market, I think.

Hear this guy, is a smart one, I have been in crypto since 2011 and i must say that eth is the path forward for cryptocoins, do not give in, cause if you do  then you will regret it.

Nice to hear positive comments about ethereum from experienced crypto guys. I also won't sell my ether during this price crash and I will hold them until 2021 year.

[Mary_Swift]

I also purchased Ethereum at a high price, you will also receive a certain amount of mining. The main thing is not to panic and just to wait it out.

Yeah, don't worry anf hold on. Ethereum will show everyone what it is capable of.

[Pa1n]

Relax.Be patient my friend. Dont worry calm down. First you need take a breath. Follow the graphs.

[Anyobsss]

I chose to jump on the bandwagon at an obviously terrible time. Invested 1k in Ethereum when the price was relatively high after the New Year.

Now the market is bearish (and looks like it could be for a while), what's the best course of action? Liquidate ETH, cut my losses and buy altcoins whilst they're at their bearish price? Bear in mind I was only planning on holding altcoins for around 6-9 months.

Any advice would be greatly appreciated.

Messorem.

don't worry, it will rise back. All you have to do is relax and hold your ethereum, don't sell it yet.

Well, buying another altcoins at bearish price is also a good idea but please think it thoroughly before selling ethereum and shifting to altcoins. I don't want you to regret after you sell your ethereum so think it through.

[supine]

I chose to jump on the bandwagon at an obviously terrible time. Invested 1k in Ethereum when the price was relatively high after the New Year.

Now the market is bearish (and looks like it could be for a while), what's the best course of action? Liquidate ETH, cut my losses and buy altcoins whilst they're at their bearish price? Bear in mind I was only planning on holding altcoins for around 6-9 months.

Any advice would be greatly appreciated.

Messorem.

Well it is really up to you if you would like to cut your losses and buy some decent altcoins, actually there's a lot of ways to gain back your losses, just choose good altcoins that are worth holding for a long-term, or you can either wait for ethereum to bounce back up again. Time is running, so decide fast so you will not miss any opportunities.

[whofeelsitknowsit]

Hold tight and don't panic.

[pacifiko]

Ethereum price will be huge in a long-term. Relax and stay calm, dude. It's good coin, many ICO use Ethereum blockchain. Second biggest cryptocurrency and it seems to be rock solid, no other crypto can take its place.

[Washball]

This price drop is only a temporary drop, caused by the news that China and Korea want to totally ban cryptocurrency. In a few days the market will grow and Ethereum will be back on track. This year is the year of the altcoins and especially for Ethereum.

[Flyguy1]

I chose to jump on the bandwagon at an obviously terrible time. Invested 1k in Ethereum when the price was relatively high after the New Year.

Now the market is bearish (and looks like it could be for a while), what's the best course of action? Liquidate ETH, cut my losses and buy altcoins whilst they're at their bearish price? Bear in mind I was only planning on holding altcoins for around 6-9 months.

Any advice would be greatly appreciated.

Messorem.

I ve got smth similar, not the best timing. However, in 9 months timeframe you should be able to double what you invested. Recommendation is to Hodl, last year there were also dips for ETH around 30% but look how it has gained. It drops a lot and will come back also quite fast. Buy more when you see the turning point.

Takeout is that timing is crucial in that game and I suggest to relax. There is nothing you can do, you have only bad options. Sometimes no action is good action.

[poketis22]

Of course it's better to buy altcoyins, since you have one etherium, and there will be a lot of altcoys, because in spring they promise a very big growth, so think about it !!!

[pearlsome]

Do your own research. Look at the coin price chart for the last six months or a year. Then look at how many percent it fell over the past week. This will be your choice. Very many good altcoins fell by 50%. You can buy them all.

[gregall]

I would hold onto everything and buy alts since they're really low right now. For me, that's what I did. ITC is around $2 right now and it has hit almost $10 before. Don't fall into the panic wave.

[beskid]

Ethereum is King and it will be King until some other platform surpasses it in adoption. I don't see it happening in the forthcoming months. Eth is the only project that deserves its value in this bubbly market, I think.

Hear this guy, is a smart one, I have been in crypto since 2011 and i must say that eth is the path forward for cryptocoins, do not give in, cause if you do  then you will regret it.

Nice to hear positive comments about ethereum from experienced crypto guys. I also won't sell my ether during this price crash and I will hold them until 2021 year.

I agree that there is no need to panic. Not only etereum, but all the other crypto currencies on the bottom. It's temporary!  But I would not call ethereum a king. He has a pretty strong competitor in 2018. It's NEO. Read comparative articles in your own language to figure it out.

[Melquart]

Ethereum is safe to hold. It will recover and the price will climb again very soon. I expect it to reach 2000$ in the next few months or maybe sooner.