Ive been into Bitcoin since 2014. Its always been my main thing, however Ill admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.
Now I find myself in a situation where I really believe in Ethereum as the only other viable project. Ive been accumulating Ether to the point where now Im 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).
10% is just enough and I have the same idea of how I divide my coins. Mostly the trusted Bitcoin of course.
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years.
There is still no proof of this right?
Is it really that easy to bag $105M and just vanish like a bubble being popped? I dont think so.
They will undergo a lot of things before they could even take this out to hard cash.
Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.
Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
I disagree to see. Ethereum price had just been playing at $120-130 and it had already been a while like that.
If that news was true, then we should have been seeing it fluctuate down until 2 digit numbers.
But look, it is still at $124.