I think I'm ready to buy ETH

All Cryptocurrencies

by COINS NEWS 8 Views

I've held a pretty strong BTC conviction since November of last year. Cycled out of all my alts and landed on 100% BTC by the start of 2022. I've been DCAing ever since. Kind of had the plan to only buy BTC going forward. I had made my mind up that BTC was all a person needed. I still believe it's the essential decentralized, no counter party, digital asset worth owning.

But now that I've been exposed to more of the crypto community, I've warmed up to Ethereum. I think it helps to view it as an entirely different value proposition. I wouldn't argue which one is better. BTC is separately unique. ETH is the leader in POS and has value as the leading smart contract platform. POS could help it be viewed more favorably by regulators.

With that said, I think I'm ready to split my DCA with ETH. I am still worried about its long term regulatory threats and success in executing its various development stages but I don't think competing L1s will kill ETH. Also, I have the advantage of pivoting with the market since I'm constantly following crypto news. I would have adequate time to react to real threats compared to the passive investor.

So, should I start buying ETH? Is ETH the real deal?

submitted by /u/OpticallyMosache
[link] [comments]

You can get bonuses upto $200 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² Maiar - DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.