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Hack Forums Money Crypto Currency › Just bought $1,000 Ethereum Classic - Update: Stop-loss hit. $6 profit, pathetic.

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Just bought $1,000 Ethereum Classic - Update: Stop-loss hit. $6 profit, pathetic.
Halo
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Aug 10, 2020 08:31 AM (This post was last modified: Aug 10, 2020 02:03 PM by Halo.)
Unlike the rest of the major alts ETC has only made an 8% move in the last 30 days.

Looking for at least a 40% move to the upside to $10.
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Aug 10, 2020 08:36 AM
It's a shitcoin but still probably will go up in this market

good luck
Halo
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Aug 10, 2020 08:42 AM
(Aug 10, 2020 08:36 AM)God Wrote:  It's a shitcoin but still probably will go up in this market

good luck

It is indeed a shitcoin.

Should begin ascending towards $10 soon
McDolands
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Aug 10, 2020 08:45 AM
(Aug 10, 2020 08:42 AM)Halo Wrote:  It is indeed a shitcoin.

Should begin ascending towards $10 soon

It literally got 51% attacked twice in the last 2 weeks and attackers stole something like 10M. Coinbase is delaying all deposits by 2 weeks. What on earth made you buy etc right now
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Aug 10, 2020 08:49 AM
If I were you I would sell 2000% now. It's super dangerous imo as it got 51% attacked.
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Aug 10, 2020 08:56 AM (This post was last modified: Aug 10, 2020 09:02 AM by Halo.)
(Aug 10, 2020 08:45 AM)McDolands Wrote:  It literally got 51% attacked twice in the last 2 weeks and attackers stole something like 10M. Coinbase is delaying all deposits by 2 weeks. What on earth made you buy etc right now

$5.6m / 807k ETC, I know yeah.

Makes no difference to my trade.
(Aug 10, 2020 08:49 AM)OliverSc Wrote:  If I were you I would sell 2000% now. It's super dangerous imo as it got 51% attacked.

Nope. 0% sell.
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Aug 10, 2020 10:34 AM
(Aug 10, 2020 08:56 AM)Halo Wrote:  $5.6m / 807k ETC, I know yeah.

Makes no difference to my trade.

Nope. 0% sell.

Oh it will make a difference as third attack comes.
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Aug 10, 2020 10:41 AM
(Aug 10, 2020 10:34 AM)shreder Wrote:  Oh it will make a difference as third attack comes.

It's not your money.
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Aug 10, 2020 10:44 AM
(Aug 10, 2020 10:41 AM)Beau Wrote:  Yikes... ETC should be delisted already. Unsure why you're not just going with ETH...

As stated in the thread.

Unlike the rest of the major alts ETC has only made an 8% move in the last 30 days.
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Aug 10, 2020 10:47 AM
Nothing has changed they can launch another attack and another and another and another. With the money they have they can continue to attack until they drain it dry.
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Aug 10, 2020 10:52 AM
(Aug 10, 2020 10:47 AM)shreder Wrote:  Nothing has changed they can launch another attack and another and another and another. With the money they have they can continue to attack until they drain it dry.

It would only take ~140,000 ETC to crash orderbook on Coinbase to ~$0.01 and they would still have 660,000 ETC left.

Regardless of how many they have and when/if they do it again will make no difference, markets react fast and these people are actually going to want to sell their ETC for at least 50% of it's "value"
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Aug 10, 2020 10:56 AM
Solid investment but this stuff can always be so volatile. Goodluck with your investment man
Halo
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Aug 10, 2020 10:59 AM
(Aug 10, 2020 10:56 AM)Grim Wrote:  Solid investment but this stuff can always be so volatile. Goodluck with your investment man

Indeed it can be. Risk management is key.
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Aug 10, 2020 11:48 AM (This post was last modified: Aug 10, 2020 02:01 PM by Halo.)
(Aug 10, 2020 11:47 AM)James Wrote:  I'm interested to see how this goes. Haven't heard people talking about ETC as an investment for a while now.

It's a trade, more than an investment. 

Up 3%, need another 37%. Brr brr boring.
Stop-loss hit. $6 profit, pathetic.
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Feb 11, 2021 06:05 AM
Little did they know hahaha
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