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/biz/ - Business & Finance


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58276231 No.58276231 [Reply] [Original]

An Ethereum ETF is my only chance at making it

>> No.58276246

>>58276231
What price per eth do you need?

>> No.58276254

>>58276231
You faggots are so dramatic. Buy pleb and hold

>> No.58276262

>>58276246
I'm willing to put a trailing stop loss with minimum sell at 5780. I could buy a dream home at that price

>> No.58276398

>>58276246
9k bare minimum

>> No.58276987

>>58276398
can be hard to hit that - 5k-6k maybe
ETH is worst performing asset other than XRP in top 20 in the last year

>> No.58277123
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58277123

>>58276987
It literally always is lagging at this point in the cycle.

Last cycle ETH was at $1400 when BTC was already at $40000 (2 times its old ATH).
Eventually ETH closed out the cycle strong with a 5700% gain from the bear market bottom.
BTC only had a 2100% gain.

Sure some random other coin will outperform both, it did back then and will do so again this cycle.
But out of the two blue chip coins (BTC & ETH) ETH is sure to outperform, it's just a simple matter of market capitalization and coin price bias.

The ETF might not happen right away, but do we forget that the BTC ETF was denied for LITERAL YEARS AND YEARS?
Now we expect the ETH ETF to go through instantly?

It is bound to go through, it will happen eventually. The ETH ETF will 100% be the first other crypto ETF to be approved, it's inevitable. It will happen this cycle too. The big trad fi boys are in charge and they want to earn fees, they want in on the crypto volatility. ETH provides that, they don't give a fuck, THEY WILL PUSH IT THROUGH.

ETH is going to $15k this cycle after first lagging BTC by a couple months, but it will run. Don't fall for the same exact fucking mistakes cycle after cycle. It will run, it will melt faces. But it takes time to coil that spring.
Until then it will under perform, everyone will shit on it as they ride something else, and then when the time is right everyone will be sidelined on ETH as they suddenly realize it STILL is the biggest ecosystem in crypto, with the healthiest on chain activity and fee economy and oh yeah, Blackrock is LITERALLY using it for their tokenization of EVERYTHING on crypto.

People lack perspective, this board is lost. It's so easy to see. Ride the shit sure, but someday you have to come home to the big daddies. BTC and ETH. Nothing else really matters.

>> No.58277519

>>58277123
Thank you for the much needed reminder kind man

>> No.58277763

>>58277123
>eth is going to $15k
Lmao

>> No.58278477

>>58277519
all good! It's rare to see your type on here sadly.

>>58277763
>Lmao
Anon last cycle ETH did +5700%, ETH to ~$15k this cycle is literally only +1600%.

The brainlets on here I swear.., you're clearly only looking at a raw dollar number on your screen and just about manage to type out 4 letters. The absolute state of /biz/.

+1600% is EASY for ETH. Sure it could diverge a bit, say $13k-$16k whatever, the point still stands. Very doable.

"Lmao" get the fuck out of here with such low quality contributions.

>> No.58278680

>>58276231
ETH etf kinda exists in leafland
its 70% eth 30% btc

>> No.58278811

>>58277123
Appreciate you typing all that out. At 15k I would be absolutely set, I don’t want to get my hopes up to that to be honest

>> No.58278963

>>58278811
You're welcome!

ETH to $15k does not mean selling at $15k.
If $15k is your expected ATH that means you start scaling out according to risk, from $10k on wards for example, or earlier if you want to be more conservative.

What your portfolio or future looks like with ETH at $15k is literally completely irrelevant, because you will never sell the exact top with your full position unless you're the super lucky 0.001%.

>> No.58278989

>>58278477
It's not going to happen, and I've been an ETH maxi since 2017. Bought my first 10 on coinbase for $10.50ish. There is no way. I'm sitting on 120 left after selling half last bullrun and reinventing the other half into BTC and alts. The most optimistic case this cycle is BTC hits 120,000, and we get back up to a .08 ratio and settle at around ~8 or ~9k and that is a snowballs chance in hell

>> No.58279031

>>58278989
How likely is 9k and by what year?

>> No.58279096

>>58279031
100% and in a month max

>> No.58281245
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58281245

there's also a chance to make it farming usdc on eesee selling nfaggots on eesee, quick and ez
it's all you have left to make a quick buck desu

>> No.58281307
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58281307

>>58276231
me grinding blocklords to get LRDS
you faggots wouldn't understand what will happen when their token goes public

>> No.58281499

>>58276398
havent even get to that in a decade
what makes you think it eventually will make it

>> No.58281505

>>58281307
no one cares about it literally.

>> No.58281513

>>58281245
the one thing that gets my attention on eesee is rwa trading or selling or whatever.

>> No.58281523
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58281523

>>58276231
i would give up already if I was you
just hodl and hope

>> No.58281540
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58281540

>>58281245
>NFTs are somewhat profitable still
what in tarnation I literally thought it was a dead market already even opensea was almost ddos'd

>> No.58281547

>>58281513
not even worth too, just trade serious shit and stop thinking small

>> No.58281550

>>58277123
fucking wall of text nobody will read that is losing time-
also format is just obviuos they are catering to search bots.

>> No.58281552

>>58277123
>eth to 15k
I really want some of what you are doing desu

>> No.58282745

What about litecoin? That's gotta pump one day.

>> No.58282934

>>58278680
Would this be worth investing in? Or should I just buy directly on an exchange

>> No.58283032

>>58276398
Eth is going to 30k.
Dont listen to these fgts saying its over, they are midwits.

>> No.58283041

>>58276231
Or getting FUN, tomorrow’s AMA gonna explain all the reasons why

>> No.58283045

>>58276231
if your only chance is a fucking etf on a crypto, you probably dont know much about money, so according to truflation, this next months are gonna be hard for you