How to make money waiting for an Ethereum fork If you have not bought Ethereum then this post is for you. Consider projects that will also benefit from the Ethereum ($ETH) merger. The most common way is to buy ETH on growth expectations with a gradual fixation closer to the September 19 fork date. Important points: • Whales buy ETH in large volumes; • What will happen to ETH after the fork; • Key dates; 🔹Polygon ($MATIC) Polygon is an Ethereum scaling platform. A robust and thriving Ethereum ecosystem reflects well on Polygon (and vice versa). Focus on Matic partnerships over the last couple of months: • Accelerator Disney • Reddit (NFT marketplace) • Draft Kings (NFT marketplace) • Stripe (payments) 🔹Uniswap ($UNI) Leading Decentralized exchange by trading volume, next competitor 5x behind. I recently analyzed the bullish UNI case in more detail. Also, UNI collects $2-$3 million per day in commissions and is considering the possibility of giving part of the commissions to token holders. Buying on UNI = staking on Ethereum + DeFi sector. 🔹Convex Finance ($CVX) Convex is a protocol that offers liquid CRV staking (no blocking) + % for staking from protocol income. Total TVL (amount of money in the protocol) = $4.4 billion on the Ethereum network. Buying CVX = betting on DeFi and possibly launching your own stablecoin. ❗Note The market has already risen on expectations of an Ethereum fork, so some of the above projects are on local highs. I collected these assets because AFTER a successful ether merger, they will only benefit. Accordingly, they will first grow on expectations, and then due to updates / announcements, etc. This is my money making Strategy. My Crypto experimental portfolio (Buying only dips) https://coinstats.app/p/8rhqPu © CryptoGuru
No comments yet