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).
Im preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I cant see ethereum really disappearing. Its the only crypto that Ive actually used (I bought something with USDC, an ERC-20 token).
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. Im concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
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.
Besides bitcoin the only other coin that I'm watching is ethereum and that is because I have a very strong feeling that at some point in the future ethereum is going to wake up and give once again amazing profits, but if you do not feel like taking your chances then it is OK to just keep your current portfolio in which 10% is dedicated to it, that way if it crashes then you're not going to be that affected by it and if it goes up then you are not completely left out and you still obtain some profits.