Almost everyone I know wants to buy ETH, but I’m still advising them against it

I’ve been accumulating and buying Ethereum for around two years right now, and it’s been a very successful investment for me, I have had many successes trading this token as well as its many derivatives.

But what I really hate, is when there’s a massive pump on the token and suddenly everyone wants to buy. Not to be dogmatic or do some gatekeeping or whatever, but I’ve been advising people to buy in for years now, and they only want to buy when it pumps more than 50%, why?

It is not a good idea to buy a token after it has made a major pump, we all know this. Even if that’s about my favorite token Ethereum. Because it would risky and dangerous.

Not only that, but if you have been holding Eth for any time now, you already know that it goes through cycles of ups and down it’s not always green here. And though that might be natural to us, veteran hodlers, it will be terrifying for a new user, and I would advise these users to stay away.

Instead, I always advise my friends and family who want to buy the next hyped token to go a small cap asset with a good future instead. Particularly I always advise people with small cap web 3 tokens, like Heium that lets you mine wifi data or Aloha DeFi that has a win win protocol for everyone based on spare mobile data shared through hotspot, because those projects are still small relatively, yet still have a looming massive future in the horizon.

Be careful with the advice you give to people, don’t ask them to do exactly what you do, there’s always a learning curve in there.