...this time for good?
Mind you, this doesn't change my overall opinion on the Ethereum Network. It's still not my preferred network for conducting transactions, but news has come out that all serious crypto investors must consider.
First of all, and most importantly, retail investors must understand that Ethereum is the preferred network for enterprise level crypto shit. Just like my preferred network for now is BSC. All of the big traditional partnerships are occurring on ETH, and my Duckstarter queue has no shortage of projects. Devs are still putting their intellectual capital here, and traditional finance investors are still looking at ether (not Litecoin) as silver to bitcoin's gold.
It doesn't matter that other networks are providing better technology. Same as with the Bitcoin Network. First mover advantage is a real thing, and you can really make a lot of money knowing that psychology.
I bought back a few of the ETH that I sold earlier below $2k, so I'm happy. ETH is leading this rally, currently up 3.8% to bitcoin's 1.0%. If you're late to that party, you can be sure that ETH altcoins will follow price discovery on ETH. So pick your favored altcoins and go to town. Use those gains, which should outpace ETH at some point during April or May, to buy ETH. You won't miss out if you do this so long as you don't chase the price of ETH.
It's also worth noting, however, that BNB is up 12%. ETH still has value, but a lot of people apparently still agree with me about Binance. This is still the best place to get some gains if you don't have any damn money.
And...
We are bumping up against a $2T market cap for crypto. This could be a psychological resistance that requires a few tries to break, especially since it is occurring around the psychological barriers of BTC$60k and ETH$2k, all at the same time.
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YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Gems I'm investing in:
Privacy - Swirl
Banking - Fortube
NFT - Doki Doki
Gaming - Abyss
