More Reasons Why I'm So Bullish On Ethereum...The Goal To 32 Ethereum - Part 1
After hitting my goal of 1 Bitcoin last week, my eyes are set on obtaining 32 Ethereum as I do see price getting to $4000 in the future. Yeah, I know pretty bold prediction, but with all the development happening on that blockchain and staking to occur in the future, price should trade along Bitcoin over time.
The funny thing about this video is as I started to layout some of my points, I ended up analysis the chart as well...I can't help it, I love looking at charts.
https://cointelegraph.com/news/ethereum-can-rise-to-800-in-2020-if-this-bull-mini-cycle-repeats
https://cointelegraph.com/news/more-than-half-of-all-ethereum-hasn-t-moved-in-12-months
i'm a supply and demand trader and I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:
Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.
▶️ 3Speak
This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.
LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
| Track Hive Data | New Interface! | About Us |
|---|---|---|
| Hivestats | LeoFinance Beta | Learn More |
 |  |  |
| Trade Hive Tokens | Hive Witness | |
|---|---|---|
| LeoDex | @financeleo | Vote |
 |  | |
I'm starting to buy Eth too simply because of the exciting prospect going on on the blockchain, nice hitting that bitcoin goal. As for the 4000$ in the future, it depends on how futuristic you mean, I believe in 2023 this can easily be the price or even more. Congratulations on hitting that bitcoin goal
Thanks @josediccus and crypto you can get will pay off down the road. Great question as I didn't give a time table for Ethereum $4000...my target is within 10 yrs.
Posted Using LeoFinance Beta
Wow, well your target is quite great and I don't see a reason why it isn't realisable as per the 32 Eth. Cheers and happy $4k soon
Consider doubling your goal and stake only half or so of your ETH, as I believe the lock up period will start with a minimum of 2 years, so you won't be able to sell any ETH at the top of this Bull run.
Posted Using LeoFinance Beta
Oh, great insight @brettpullen...I didn't know this.
Posted Using LeoFinance Beta
Congratulations @rollandthomas! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @hivebuzz:
Congratulations on your first bitcoin. I was making some pretty decent progress myself there, but then Dcity happened. ;-)
Looking forward to this series, i wonder how many parts you will need for that 32 ETH goal.
Posted Using LeoFinance Beta
buying eth. thanks
Posted Using LeoFinance Beta
I've been using Ethereum for many years. I wouldn't call myself "bullish" on it, I just think its just as useful as the American dollar (actually more useful). I use it regularly, so if people think ETH is in a bull market right now, then by all means buy in. I will tend to generally use it regardless of its price (unless there was a major shift in value).
What I am waiting for is Ethereum 2.0 and staking capabilities. I want to see how well Ethereum can compete with Tron in this regard. Regardless, I hope more people get involved with crypto, even if its not Ethereum.
Posted Using LeoFinance Beta