@MightyTalon
Ugh, the markets at the moment... This is the point where we have to decide how strongly we believe in the coins we've chosen to hodl. I'm still choosing to believe in the future of ETH, ADA and BCH. Is it blind hope or wisdom? #crypto #eth #ada #bch
7 comments
I believe that if we all buy regularly small bits of BTC & ETH, they will sooner or later be properly decentralized and then those with huge influence (like Mr. Musk) will not be able to play unfair games just to increase their wealth. All the other coins depend on these two. Like it or not it's true. So I HODL and not plan to sell at all, unless there is a crucial point in my life with regards to health of something else critical.
I'm also aiming to keep mine unless an emergency comes up. I don't own any BTC but I do support ETH :)
The recent events showed that ETH is still quite dependent of BTC ;) I don't like the huge amount of hardware and electrical power it needs but I believe I have to support it too, so the altcoins thrive ;) Just my humble opinion.
I was an ETH supporter for a very long time, but the very high fees really annoyed me. I have since dropped almost all my ETH. It will be interesting to see how ETH works as a POS. I don't know much about ADA. As for Bitcoin Cash, it is my favourite. Basically, I only use BCH. I compensate for the losses caused by the falling price using farming in SmartBCH. All in all, I even make a profit. SmartBCH has just come at the right time.
I agree with your view on BCH, although I'm not using it as much as I could right now. ETH's fees get to me too, but I'm keeping it for the long term in the hopes that the fees get sorted out in future. And ADA I keep because I think it has great potential... I guess we'll see...
I invested my sold ETH in SmartBCH. It was the best financial decision of my life so far.
I hope it continues to be :)