Thank GOD the wider crypto community finally got smart and migrated to Binance Smart Chain. If you've been reading my posts, then you know I think Ethereum Network is a bunch of bullshit. The fees are ridiculous, and I have been absolutely exhorting everyone from this platform to get the fuck off.

Well, I got my wish.

BSC is now a viable alternative (as it always was) to Ethereum Network. More than viable. Better. I was telling everyone, SCREAMING from the hilltop, that BSC has everything ETH has, but with no fuckin fees. And FINALLY you all listened! I'm taking the opportunity to clear a lot of shit off of ETH and move it elsewhere — BSC and other opportunities I've seen. There are many other blockchains that are finally getting some attention. Aside from BSC, I'm looking hard at Wax. They actually have cool NFTs from legit iconic stuff like Street Fighter — not these chad-driven ETH NFT projects that feature complete bullshit like that faggit Logan Paul.

I'll be glad to leave ETH to the unserious chad speculators while other chains explore real progress in the crypto space. As a result, I cleared out about 50% of my shit from Ethereum, including ETH and a bunch of projects. It cost me a couple thousand to do it. I did it happily. Good riddance.

Harvest Finance was the fuckin worst. Yeah, the coin has done a 100% from where I bought it, but the fees to get it out ate up %100 of that. I think I lost money farming on that shit protocol. I might not even bother with the FARM I get from Publish0x. ETH completely kills projects like that, not that it was that special anyway.

I didn't make this post to brag. I made it to help you if you're addicted to ETH. I know you'll have many of the questions and worries I had when you're trying to make the decision to get off. It's an expensive decision. But here's how I did it:

I've got FOMO on projects I'm thinking of leaving. I got into a bunch of "low cap gems" that could moon! How do you justify giving up on those projects? They could 10X tomorrow!

The crypto market goes up and down as a whole. There is no such thing right now as one altcoin mooning without 10 others mooning right along with it. No ETH altcoin project is that special — if you miss one train, you'll catch another. The quickest way to get poor is to worry about one project. If you get out and it 10Xs the next day, so what? There's another train coming.

Which projects do you get out of? They all look good.

I got out of all of that "layer 2 building on top of Uniswap" bullshit. Unipower, Unistake, Unibuttplug — all those. As we can see, just moving to Pancakeswap kills all that stupid noise about needing a layer 2. Waiting on layer 2 when BSC is available NOW is losing you money because of the time value of money. Every second you're not in one of these high APY BSC yield farms is money you lose. I also got out of most of my single-dev projects even if they are low-cap "gems." Why? Single dev teams may have been able to keep up with just making a cutandpaste contract on Ethereum, but dealing with interoperability, learning Goguen or whatever Polkadot language and migrating, will probably cause some of these devs to jump ship.

It's expensive to move!

Here's where you have to make a boss decision. You can't get sidetracked by "the fee is crazy!" You have to do the actual math. Suppose you have unrealized profit of $600 on an investment. The fees take $550. (This is what my Harvest experience was like.) You still make $50...you gotta take it! Don't get emotional about losing all that money to fees. You still made money.

What about my defi blue chips? Leave those on ETH, right?

Hell no. Most of your defi blue chips are on BSC, and you can bet they'll all be there very soon now that Binance got traction.

But what if ETH catches up?

I left some shit on there. Mostly interoperability projects with big teams that I'm betting can move at the speed of crypto. My hidden gems include Fire Protocol because it's focused on IO with Huobi Chain (the best Tier 2 exchange in my opinion) and Marlin because they are focusing on speeding up crypto's Layer 0. Both of those projects are only available on ETH. We'll see if they can do it though. I'll cut their heads off as well if they don't perform quickly.

Crypto moves at lightning speed. You need to free up your capital to move at a similar speed. Most of us can't do that on Ethereum Network. The solution, which is quite viable now, is to LEAVE. Just do it. You'll thank me later.

I'm also watching ETH itself. If it doesn't break $2000 before the weekend's over, I'm going to take a serious look at diversifying that position into some other blue chips. Just because all of these dumbass Youtube shills have been yelling about a 5-digit ETH doesn't make it a forgone conclusion. I think ETH can make it to the high 4-digits just because we're frontrunning institutional money and Youtube shills. They're still stuck on ETH as the silver to BTC's gold. Real crypto investors are already looking forward to BSC, Wax, Avalanche, Near, Matic, Rune, and whatever network Axie Infinity is switching to, I forget.

And if ETH even looks like it's going to take a dip, I'm clearing out another 35% of ETH projects. Because the only thing holding up those projects is the fact that ETH keeps going up. ETH rolls over and goes down 10%, those projects are taking a 50% hit. Not on my back, though. I'll be the fuck over on BSC or in Binance Launchpool with stablecoins farming until I figure out the next move. Fuck ETH.

———

YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1

Always remember:

Burgerswap Bridge will steal your crypto
Deus.Finance is led by a psychotic wannabe despot
AllianceBlock is a shit project
All algorithmic stablecoins (Basis Cash, Mithril, Empty Set Dollar) are a SCAM

Don’t get your bitcoin from PayPal
Trade on BSC, not Ethereum
Ivan on Tech, Elliotrades and Bitboy are complete liars, and
If you are always losing money trading crypto, read here.

Gems I'm investing in:

NFTs - Doki Doki
Trading - Unimex
Finance - Soar