Ethereum Pumps | Here's the Next Price Target

Ethereum is having some strong trading action recently following the alpha Casper testnet launch. If you've followed this channel a while, you know I've been bullish on Ethereum for a while and have been buying at various levels from 0.05 BTC all the way down to 0.03 BTC.

Steemit Post: https://steemit.com/ethereum/@cryptovestor/ethereum-pumps-or-here-s-the-next-price-target

I've moved some of my ETH into BTC at around 0.0575 BTC because this was a price target I set a long time ago and because I think Bitcoin is becoming undervalued relative to altcoins in general. I still hold the majority of my Ethereum position and plan on next converting into BTC at around 0.075 BTC.

I remain bullish on Ether moving into 2018. I suspect the future move to proof of stake will lead many wanting to increase their Ether holdings and we might see more derivatives based on Ether in the traditional financial markets. Ethereum is right behind Bitcoin in terms of institutional interest and hence there will likely be a push to see more financial products based off of it. Furthermore, I suspect we should see some strong applications built on the network in 2018 which will increase its value.

What are your thoughts moving forward on Ethereum? Thank you for watching / reading.

P.S: Expect a video later today talking about Raiblocks - and expect my normal self to crush any hopes and dreams you had associated with it...

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If you like my content, you can support me through using ANY of the affiliate links below (I receive small compensation). The beauty of affiliate links is that I can pick and choose what I like rather than have companies approach me - everything I linked below (with the exception of Trezor since I like Ledger), I use myself frequently.
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My Recommended Hardware Wallets:

If you want to store your cryptocurrencies safely, the best way is through a hardware wallet. Seriously - look it up and you'll find plenty of information supporting this claim. There are alternatives such as paper wallets, but these are convenient and my choice for cold storage (offline):

Ledger Nano S: http://amzn.to/2hZPj0q
Trezor: http://amzn.to/2AxD9TN
Ledger Blue (expensive): http://amzn.to/2hk7xst

I personally prefer the Ledger Nano S, but the Trezor is such a close second that it really doesn't matter which one you go with. Ledger Blue is premium and convenient, but not necessary.
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My Favorite Book for Investing in Crypto:

Cryptoassets: http://amzn.to/2zKDdCF

This book is, bar none, my favorite book for investing in cryptocurrencies. It doesn't bog you down with technical jargon, but instead focuses on all the elements you should understand before you invest.

It's a comprehensive book for both beginners and experts. Beginners will find information about major cryptocurrencies (not just Bitcoin) as well as details on historical market events (that you can draw on for future) and events to watch for moving into the future. Experts will find the chapters on valuation particularly useful. For those of you involved in traditional investing, this book is even more of a godsend as finance info is explored (correlations with other asset classes, ETFs, etc).
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My Recommended Exchanges: Coinbase / GDAX / Bittrex

https://www.coinbase.com/join/5a08b12e305a1401d79d10e0

If you sign up to Coinbase using link above, you and I will both receive $10 each after you buy your first $100 of Bitcoin using Coinbase. Coinbase is much less intimidating for beginners. Once ready, move up to GDAX for cheaper or zero fees. For altcoins, I recommend Bittrex.
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Legal Stuff: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites.

None of what I provide in my videos is investment advice. Please do your own due diligence.
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My Platforms:

Twitter: https://twitter.com/Truth_Investor
SteemIt: https://steemit.com/@cryptovestor
Medium: https://medi

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