Defi investor, researcher, developer & macro analyst. Former derivatives trader & fintech entrepreneur. Here to learn & exchange ideas. No shills or fin. advice
5 reasons I think we'll see a day in 2023 when $ETH hits $500.
Sold all my $ETH @1400 - I'm stacking USDC with $500 target and hope to buy enough $ETH to spin staking nodes for my retirement. Could be a total fool or a brilliant investor - will know by Dec 31, 2023 :)
@Justin_Bons And since when have you started crying over BTC on your Twitter feed on regular basis? AFAIK that happened somewhere in 2021.. did something happen in 21?
@NorthRockLP Wonder how you will spin this narrative if $ETH hits 500 sometime this year...i imagine that you'd blame all of it on a black swan event and double down on bulls..
@ryanberckmans Criticizing someone for supporting something you don't like is just a weak and insecure mindset..
On both sides of aisle, there is plenty of this going on these days..
@JackNiewold Seriously man..
My feed is full of `eth is ultra sound money` guys who poo poo $BTC and vice versa.. like a bunch of juveniles..
And everytime there is a small uptick - it becomes unbearable..
For an industry so early, zero-sum games are just crazyy..
@Crypto_McKenna And I'm calling for $500 as absolute bottom of $ETH sometime in 2023.. One of us is sure to be a legendary investor by the end of this year :)..
https://t.co/IC17zGavA8
5 reasons I think we'll see a day in 2023 when $ETH hits $500.
Sold all my $ETH @1400 - I'm stacking USDC with $500 target and hope to buy enough $ETH to spin staking nodes for my retirement. Could be a total fool or a brilliant investor - will know by Dec 31, 2023 :)
Oh yes - our memories are short & $ETH was at $200 before $FED started mad printing. I know there has been massive innovation - enough to deserve a 2.5 times price increase in <3 years (still a phenomenal 40% y-o-y). So yeah, $500 seems just about perfect to me..
5 reasons I think we'll see a day in 2023 when $ETH hits $500.
Sold all my $ETH @1400 - I'm stacking USDC with $500 target and hope to buy enough $ETH to spin staking nodes for my retirement. Could be a total fool or a brilliant investor - will know by Dec 31, 2023 :)
TL:DR
Not financial advice, but here is what I'm doing
1. NO ALTS - that's money you are flushing down the drain
2. Learn to trade - lot of volatility incoming
3. Ignore $ETH bulls - they never see beyond their bags to give us a real picture
4. Stack USDC as $500 ETH is coming
@charliemktplace Thankfully you didn't suggest El Salvador buy TSLA or AMZN.
There is a reason countries only buy gold and treasuries (mostly US) and not equities..
Preserving value over decades is most imp criteria..not short term returns
Reason why countries will always pick $BTC over $ETH