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RE: broke uni student finds cryptocurrencies!
Hey mate, I'm actually in the same position as you. I've used Coinbase to transfer fiat currency to btc, however I'm predicting a correction which I'll wait for before buying in. I have a feeling the market is too hot right now.
yeah im still based on coinbase but hoping to transfer to poloniex and bittrex soon. what kind of prediction?? tell me your secrets!
If you look at the graphs, there is a very clear peak now. Everyone is full of good vibes and belief, but don't know what they are investing in (ETH). It's a hype and this bubble will bust. If I had to put a date on it I'd say within a week / two weeks. People don't want to miss the boat and are herding, these are the same people which will panic once it drops 20%.
I fully agree with your assessment. I guess 2400 is a fair value buy however not cheaper by any means. Its gonna be stuck at 2500 for a long time i guess.
Yeah, I was trying to buy at 2100 yesterday, but coinbase had a major outage so I couldn't buy until it was back up at 2300 again. I'm not sure if it's going to be stuck at 2500 for a long time. I think we'll see another drop to 2300 in the next few days. Will be buying some at that point I think.