simple mate, if you don't believe with ethereum, just do not drop your money in ethereum
but the facts, until now ethereum still become the best altcoins,
This is something I never understood in crypto even after years. Why is more expensive good?
It just means theres more room for crash and there is fewer room to grow.
Also look wall street now buying bitcoin off exchanges to keep prices low.
More expensive only good for those who has bagholding eth for god knows how long meanwhile for the people who missed the train they gonna hate it. But, most of crypto can be bought in fraction so there's nothing to worry about fewer room to grow and bigger market cap or trading volume make it less vulnerable against market manipulation or panic selling but still vulnerable nonetheless. I think there's no problem with crypto being more expensive.
ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.
2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000
If you stayed in ETH you have lost more money than Enron. ETH is a scam.
There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.
Ethereum has no intrinsic value when it is the second popular coin in the market? if this Ethereum is a shitcoin with no value at all then all coins with the exception of Bitcoin has no value and we do not have to do any research at all because all coins are shitcoin, after Ethereum achieved its position, we should give it the respect it deserves.
I respect your own view about ethereum OP and that's also your own perception. But as for me, i still believe in the potentials of ethereum because even in 2020, the recent Defi bandwagon has almost led ethereum to outperform bitcoin and other altcoins. So might as this will happen again soon. Ethereum uptrend might only be starting but this investment can bring maximum financial reward and return in the future.