/biz/ - Business & Finance

I'm going to give it to ya straight, /biz/. You should ride the ETH FOMO, but be sure to dump. These are the reasons:

1. EIP 1559 is a very drastic move.
2. EIP 1559 is a poorly conceived bandaid.
3. EIP 1559 is likely to have unintended consequences.
4. EIP 1559 is months away.
5. EIP 1559 is likely to be delayed, in typical ETH fashion...or rushed
6. The timing of EIP 1559 is already at the likely end of the bull run.
4. EIP 1559 is really only delaying your realization that it's over for this jankie ass coin.
5. You are kind of buying the news at this point.
6. This is FOMO
7. As far as Stimulus money flooding ETH, it's simply not going to happen. I won't bother telling you where that normie money will go...
8. You will already have pumped ETH and it will be bleeding by the time people have their checks and are verified to buy crypto.


Just don't be that last one holding. ETH is going up a small fraction of its cost at this point, collect that meager sum and pick up some alts for alt season before it's too late. Heck, buy some BTC with that 10% profit if that's more your speed. This is not financial advice.