I'm fairly new to cryptocurrencies, and I'm trying to figure out whether or not to buy ETH. And I'd like to get a sense of the general sentiment surrounding this cryptocurrency.
ETH was sort of flailing for a couple years, but it has recently resurged due to things like new treasury companies (for example Bitminer). According to Fundstrat’s Tom Lee, ETH has a ton of upside. Then again, he runs Bitminer, so he’s talking his own book. He has been mostly right in his bullish calls on the stock market, however.
ketchupmayocombo on
Dca ETH. It is currently retracing from its ATH. Holding majors is never wrong.
Punochi on
BTC is Limited ….ETH isn’t
Legitimate_Towel_919 on
ETH has one of the strongest track records in the whole space. It went through multiple cycles always came back stronger and keeps building new use cases. If you new, don’t rush learn follow the community, maybe DCA slowly. Long term, Ethereum is here to stay.
centralbankerscum on
eth will finish what btc started.
IssaBomb101 on
Etherium has a promising future ahead of its self and a couple key factors coming to play are going to have a positive turn out. You know the big dogs, the whales are saying the crypto came is changing into a staking game, it’s true but the thing that gives ETH investor’s want to buy, is that you can’t stake BTC, another factor is take sharplinks plans to buy 1.5Billion in ETH for a reserve, that alone is pretty monumental, but here’s what we can kinda predict using this information, we will see the competition of sharplink and the rest of companies who are buying and starting crypto reserves. This depending on the industry and general purposes of the companies but take tech/gaming in this case, we safely can say that reserve will give a company with 1.5B staked in ETH a brutal edge, most tech companies have to year after year spend at least what their competitors do to just stay in the game.so the prediction could be we will continue to see the competition of those who have bought buying close to or even more ETH than what they’re buying now. This in time will reflect the true value of Eth, as the price rises so will the values of the reserves bought. Let’s not forget the general utility of ETH it’s a network, it’s used in different platforms and for forms of payment. They’re are competition for ETH of course but I would pay attention to the adoption of those ETH funds that’s going to really be good later on for everyone…
Kurosaki56843 on
BTC and ETH are both great for long term hodl – you can’t go wrong with these two.
IssaBomb101 on
But, I would NOT stake your ETH, unless you’re a whale buying millions at a time, there’s a holding period before you can sell it or trade it like a month, you could miss short term profits and buy the dips on up and do really really well.
peepeepoopooxddd on
I personally have a 100k stake in ETH, so take this with a grain of salt.
I think it has more value than BTC. I’ve been holding it for years solely on the eventually belief that ETH would enable 24/7 tokenized stock market and commodities trading on-chain. That’s finally happening. It’s incredibly close. The flippening meme has been suggested for years, and I’ve put my money where my mouth is.
admin_default on
There are two prevailing opinions about ETH:
**The blockchain proliferation theory**
– Some people believe that many Layer 1 smart contract platforms will succeed. ETH is the leader and will probably remain one of a few top contenders. But there will be many, many blockchains optimized for different use-cases specific to different industries.
**The blockchain consolidation theory**
– Other people believe that too many different blockchains becomes counter-productive, where each additional blockchain is a security vulnerability (as we’ve seen with cross-blockchain bridges getting hacked and funds drained). These people believe smart contracts will consolidate around 1 or 2 foundational layer platforms, just as most tech domains tend to: e.g. 96% of servers run Linux, 72% of smartphones run Android, 89% of search traffic is handled by Google, etc. These people see Ethereum as a global, open source public utility alternative to the corporate controlled internet of the today.
—————————
If you believe the latter, then ETH is the most likely candidate to become the operating system of the global financial future. It already has 80-90% market dominance by several key metrics and will continue to expand that lead in the future. It’s a winner-take all model and ETH is set to be the winner.
parakite on
Ethereum is down against btc over last 1 yr, 2 yr .
DCA in eth over last 7-8 yrs would put you at a loss compared to btc
Basically it’s going down against btc
serheeoh1 on
ETH is great, has a lot of value specially for smart contracts. You should take a look also on ETH memecoins. Specially a deep look into SPX6900.
Positive-Theory_ on
Personally I think it’s slow and clunky and the trading fees are outrageous. But significantly less clunky and less expensive than bitcoins.
Mirved on
Crypto is 90% ETH. The ETH ecosystem marketcap is 5.5 trillion. Nothing else comes close.
15 Comments
Well it’s the most unstable stable coin
ETH was sort of flailing for a couple years, but it has recently resurged due to things like new treasury companies (for example Bitminer). According to Fundstrat’s Tom Lee, ETH has a ton of upside. Then again, he runs Bitminer, so he’s talking his own book. He has been mostly right in his bullish calls on the stock market, however.
Dca ETH. It is currently retracing from its ATH. Holding majors is never wrong.
BTC is Limited ….ETH isn’t
ETH has one of the strongest track records in the whole space. It went through multiple cycles always came back stronger and keeps building new use cases. If you new, don’t rush learn follow the community, maybe DCA slowly. Long term, Ethereum is here to stay.
eth will finish what btc started.
Etherium has a promising future ahead of its self and a couple key factors coming to play are going to have a positive turn out. You know the big dogs, the whales are saying the crypto came is changing into a staking game, it’s true but the thing that gives ETH investor’s want to buy, is that you can’t stake BTC, another factor is take sharplinks plans to buy 1.5Billion in ETH for a reserve, that alone is pretty monumental, but here’s what we can kinda predict using this information, we will see the competition of sharplink and the rest of companies who are buying and starting crypto reserves. This depending on the industry and general purposes of the companies but take tech/gaming in this case, we safely can say that reserve will give a company with 1.5B staked in ETH a brutal edge, most tech companies have to year after year spend at least what their competitors do to just stay in the game.so the prediction could be we will continue to see the competition of those who have bought buying close to or even more ETH than what they’re buying now. This in time will reflect the true value of Eth, as the price rises so will the values of the reserves bought. Let’s not forget the general utility of ETH it’s a network, it’s used in different platforms and for forms of payment. They’re are competition for ETH of course but I would pay attention to the adoption of those ETH funds that’s going to really be good later on for everyone…
BTC and ETH are both great for long term hodl – you can’t go wrong with these two.
But, I would NOT stake your ETH, unless you’re a whale buying millions at a time, there’s a holding period before you can sell it or trade it like a month, you could miss short term profits and buy the dips on up and do really really well.
I personally have a 100k stake in ETH, so take this with a grain of salt.
I think it has more value than BTC. I’ve been holding it for years solely on the eventually belief that ETH would enable 24/7 tokenized stock market and commodities trading on-chain. That’s finally happening. It’s incredibly close. The flippening meme has been suggested for years, and I’ve put my money where my mouth is.
There are two prevailing opinions about ETH:
**The blockchain proliferation theory**
– Some people believe that many Layer 1 smart contract platforms will succeed. ETH is the leader and will probably remain one of a few top contenders. But there will be many, many blockchains optimized for different use-cases specific to different industries.
**The blockchain consolidation theory**
– Other people believe that too many different blockchains becomes counter-productive, where each additional blockchain is a security vulnerability (as we’ve seen with cross-blockchain bridges getting hacked and funds drained). These people believe smart contracts will consolidate around 1 or 2 foundational layer platforms, just as most tech domains tend to: e.g. 96% of servers run Linux, 72% of smartphones run Android, 89% of search traffic is handled by Google, etc. These people see Ethereum as a global, open source public utility alternative to the corporate controlled internet of the today.
—————————
If you believe the latter, then ETH is the most likely candidate to become the operating system of the global financial future. It already has 80-90% market dominance by several key metrics and will continue to expand that lead in the future. It’s a winner-take all model and ETH is set to be the winner.
Ethereum is down against btc over last 1 yr, 2 yr .
DCA in eth over last 7-8 yrs would put you at a loss compared to btc
Basically it’s going down against btc
ETH is great, has a lot of value specially for smart contracts. You should take a look also on ETH memecoins. Specially a deep look into SPX6900.
Personally I think it’s slow and clunky and the trading fees are outrageous. But significantly less clunky and less expensive than bitcoins.
Crypto is 90% ETH. The ETH ecosystem marketcap is 5.5 trillion. Nothing else comes close.