I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.
Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).
I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.
Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
I'm also do not see Ethereum going down to its position, I strongly believe that it is secured in the second spot, so many tokens are relying on Ethereum, I am very bullish on Ethereum in fact 20% of my portfolio is Ethereum, Bitcoin being the main, even if there are few ICO or IEO that build their token in Ethereum, there are still who use their platform for educational or company only token.