Ether. How confident are you that it isn’t already too late to invest in it?
Now is the time of the Stacking*, when the proof of the stake will release the power of the Flippening*. In the end, Ether can be number one.
Ether reached current levels in part due to the recent merge of fee burning. It could easily hit $20k by the end of next year. Squish Chaos makes a compelling case that it could briefly hit $150k or more after illiquidity caused by fee burning and the Triple Halving* due to The Merge of the proof of stake mechanism and likely simultaneous high demand from self-sustaining narrative, upcoming easier access, and expected high yield.
So, no, not too late.
How confident am I? About 15% of my portfolio. I was aiming for a bit less than that, but it’s grown since I started. Epistemic status: I’m mostly aping* Squish here, so take my confidence level with a grain of salt. He could be wrong. Partially or totally. Squish says it’s 90% of his portfolio though. Ether is extremely volatile, like most crypto: 90% drawdowns have happened in before. That’s the size of the risk you’re taking. Barbell strategy.
There are probably altcoins* with the potential to grow by greater factors, just because you’d be getting in earlier, when they’re still small and have more room to grow before slowing from high–market cap limits. The question is, “Which ones?” Shitcoins* quite frequently rug pull* or implode.
https://www.investopedia.com/terms/s/scalping.asp
Now is the time of the Stacking*, when the proof of the stake will release the power of the Flippening*. In the end, Ether can be number one.
Ether reached current levels in part due to the recent merge of fee burning. It could easily hit $20k by the end of next year. Squish Chaos makes a compelling case that it could briefly hit $150k or more after illiquidity caused by fee burning and the Triple Halving* due to The Merge of the proof of stake mechanism and likely simultaneous high demand from self-sustaining narrative, upcoming easier access, and expected high yield.
So, no, not too late.
How confident am I? About 15% of my portfolio. I was aiming for a bit less than that, but it’s grown since I started. Epistemic status: I’m mostly aping* Squish here, so take my confidence level with a grain of salt. He could be wrong. Partially or totally. Squish says it’s 90% of his portfolio though. Ether is extremely volatile, like most crypto: 90% drawdowns have happened in before. That’s the size of the risk you’re taking. Barbell strategy.
There are probably altcoins* with the potential to grow by greater factors, just because you’d be getting in earlier, when they’re still small and have more room to grow before slowing from high–market cap limits. The question is, “Which ones?” Shitcoins* quite frequently rug pull* or implode.
*Crypto slang. (If it’s not in there, Google it.)