Im seeing some comments that retails doesn’t have money know and I couldn’t disagree more. People have a lot of money globally, but honestly stocks are much more attractive right now. Why would the average Joe buy Ethereum with all the risk involved when Tesla is pumping 100% in a year? Institutions know sooner or later the move will come to crypto and they are accumulating. Also people like me who think in 2-5 years terms are accumulating every month. Gen Z is starting to inherit money and they are native to crypto so it’s just a matter of time.
I’ve been able to buy my home thanks to bitcoin (still have a mortgage tho but couldn’t have afforded it without the magic internet money) but I had the conviction that eventually it would explode so I had to stomach 30-50% losses, and honestly I was happy because I could accumulate more every month. And now it’s the same with ethereum, if you don’t have the conviction of the paradigm shift I wouldn’t recommend to invest, I tell my friends that it’s a very high volatile assets and probably it’s not for them. Or maybe I’m just fucking retard, who knows.
Posted by Expansion49
5 Comments
If you think the value of ETH will increase over time (and I do), then you want BMNR to buy at these lower prices.
As long as the MNAV for BMNR is above 1.0 (and it usually is), they can keep buying more at these low prices.
Then whenever the run up happens, BMNR will explode.
The benefit of a DAT is they can do what a lot of people cannot – buy the dip.
Couldn’t agree more. I view Ethereum as a long-term hold, a store of value with bigger upside potential than gold or stocks over the next 5-10 years, despite the exponential growth of the past.
The next big narratives will be
1. RWA tokenization (incl. tokenization of stocks)
2. Privacy
3. Robotics
Ethereum is the leading smart contract platform, the infrastructure for all three of these use cases. That’s why i believe we will see ETH at >$10k one day.
Keep accumulating ETH until rich
🍩 !tip 1
High volatility is just another word for “huge opportunity” if you have a 5-year plan.
The « average Joe » doesn’t buy BTC or ETH when stocks are running. The average Joe chases what is moving. The smart investor accumulates BTC and ETH when they’re on sale.