After reading some ETH bullish posts in like a week ago, I learned that because of EOS announcement at that time, the price is projected to reach 1,000$ for this year and even 500$ during the summer. In response, I bought some ether fractions at 340 and 396 dollars.
However, we've witnessed a bloodbath yesterday and ETH since yesterday seems to follow a gentle downtrend.
With that, is it advisable to sell my ETH?
I've been thinking about selling my ETH 'cos even the public trial hasn't started yet. This means that there's still room for a huge ETH price drop in at least 2 weeks (public trial will last 2 weeks). It would also make sense to be in favor of a price drop to make room for price hike during EOS token distribution.
To add to that, I've also discovered that recent price hikes were due to the Puttin and Butterin meeting and Bancor ICO, and not by EOS alone.
I've also been seeing videos from traders lately with advices to sell ETH. Their basis were the incomplete technology and that PoS won't happen soon.
Right now I'm starting to think of really selling all my ETH. I have around half ETH in total but that's already big for me 'cos I'm a newbie trader, and notably an amateur. But before I push the button, maybe I'll wait for a few last minute notes.
