Maybe ETH is the best altcoin right now because of its use cases, trading volume and market capitalization. But before ETH got into that, it was overtaken by XRP a few times. For now, this is the most likely altcoin that is worth to DCA other than Bitcoin. However, it does not guarantee that ETH will be the best for long.
And speaking of that, I did DCA some ETH back then when it was still hovering around $1k or more that time but eventually because of my ignorance and not transferring it to my hardware wallet, it ended up got hacked last month in my Metamask without having any clue at all.
I’ll just wait again for a pullback before starting to DCA some ETH again but it’ll be in my hardware wallet this time around.
And speaking of that, I did DCA some ETH back then when it was still hovering around $1k or more that time but eventually because of my ignorance and not transferring it to my hardware wallet, it ended up got hacked last month in my Metamask without having any clue at all.
I’ll just wait again for a pullback before starting to DCA some ETH again but it’ll be in my hardware wallet this time around.
XRP doesn't have smart contracts, and it's not as widely accepted as ETH for the payment of goods and/or services. ETH is like a "multi-purpose Blockchain" where you can do far more than just finance. Besides, it was the first platform to bring the concept of Web 3.0 to the world. I guess that's what makes ETH the "King of Altcoins" these days.
Not even alternative chains with cheaper fees and faster confirmation times have been able to take ETH's position on the market. Taking it down, would be no different than taking BTC down which is the "Father of Cryptocurrency". The world's second-largest cryptocurrency by market cap (ETH) has been going strong since day one, so it's likely it will last a lifetime. I'd recommend you buy and hold ETH, as the best is yet to come. Just my thoughts
