Soon enough... there will arrive a period when those sleeping on $ETH right now are going to chase it at heavily inflated valuations. 😉
Doubt me? Fine... just give it another 1-2 years 🙃
I realize $BTC holds the pioneer status, massive institutional backing, and a capped supply of 21 million tokens.
But have you actually analyzed what Ethereum brings to the table?
$ETH has SMART CONTRACTS, a deflationary burning model, and powers the entire decentralized application ecosystem.
And utility is something i feel will grow immeasurably more critical in the years ahead.
Check out the chart... ETH surged all the way to $4,891, corrected sharply, and is holding steady around $2,240 despite all this market volatility.
I am not claiming it cannot drop further... of course it can.
Instead, i view ETH as a multi-year accumulation play, rather than just a quick trade for short-term gains.
$4,000? That isn't even my ceiling.
I am eyeing $10,000+ over the long haul. Yes, that is a lofty objective, not a guarantee.
And i would much rather stack quietly when indifference is high than jump in frantically when everyone is screaming ETH TO THE MOON...
Keep in mind friends... being early and being correct are two completely separate things. Protect your capital.
Who else is holding $ETH for the next 1-2 years ❓#cryptotalk #ETH #TradFiForBeginners