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).
First, I think if ETH fail it won't bring a huge chunk of the crypto market because those who are using their platform can easily migrate to another successful blockchain though I also see ETH going strong and not disappearing anytime soon.
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.
What done is done, we cannot do anything about it so do not stress yourself over this matter. If you are hoping for ETH to recover, you have to believe on their developer.
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.
If another part of you wanted to buy instead of just hodl and wait then I guess you still believe on the ETH developer. There maybe delay on ETH upgrade but if it is done I guess all your waiting will not be in vain. Bitcoin also suffers the same fate as ETH, its price goes down and yet to recover to its ATH.