I have 2 'sub coins' that are underwater and which I cant wait to roll into BTC. Arcblock and Cosmos(Atom). Cosmos may actually let me out shortly as its up about 100% for the month. Arcblock is happy to just sit there and do nothing. Theyve been interesting to be a part of but I agree,BTC and patience is where its at. I will actually be left with BTC,ETH and DOGE but I only add to BTC.
We jumped back in with ETH on a red alert from a trader I respect and follow from time to time. I admit I never trade shares that way but I've no way of judging cryptos other than media amplification. Giving it 30 to 60 days for a clear upswing past ath.
I still expect good things from ETH. BTC is my currency/digital store of value bet and ETH is my smart contract bet. SOL stealing its thunder right now obviously.
I had a capital loss on a piece of real estate that I sold earlier this year that I can use to offset my crypto gains for tax purposes, so that's the primary reason.
ETH is dead. Var on gas fees is so 2017. So you need an Uber to the airport and they quote you $120 for a trip that typically costs $50. That’s ETH. Decentralization w/o peer isn’t necessary.
This doesn't make sense. I used to play Gods Unchained and other Magic the Gathering type cardgames on-chain. It was under a penny for transactions even before the cheaper upgrades because of rollups/side-chains, etc. Why would someone go back-wards and do layer-1 type transactions from almost a decade ago for this? This seems to be a really stupid decision made by Uber drivers. And if that's true, there is definitely space here for a new fin-tech/developer to come in and take advantage.
I thought it was just an example to say the fluctuations in gas fees isnt working? The consensus seems to be that they will reduce and stabilise as time goes on but that is admittedly coming from the faithful.
I watched the dev team closely for many years both through the staking conversion and also sharding. I even remember the much older EIP updates. The one thing I used to face every day... was the bears insisting that the updates would never come, they'd never be completed. Ethereum was dead and the team was going to be a rug-pull and blah blah blah. After so many years of consistent updating and delivering, I think they did earn a little faith at least?