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RE: LeoThread 2024-03-07 11:14

in LeoFinance3 months ago

what’s ur $ETH price theory? Don’t you have other alts that you hold? I have $BNB but I am not sure about the long term health of that token. I do not want to lose the early advantage I have with other projects. Not sure how to navigate the future crypto projects that will turn out to be googles and amazons

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Basically ETH is the:

  • Most developed in Layer 2 tech
  • Most developers
  • Most projects
  • Most adoption
  • Supply is being burned each transaction that happens
  • ETH can be staked for yield

Because of all of this, I see the supply lowering, while the demand increasing long term, which means, price goes up.

It has the first move advantage, and it hasn't stopped innovating, it has it's issues, but unlike many other projects, they realize the issues and try to improve them.

I mostly hold BTC and ETH, but I also have some $WOO and $BCB, and got some $ARB that I earned in an airdrop.

What you want is a coin going up against BTC, not against USDT, and a lot of alts don't go up against BTC 🤷‍♂️ thus why I don't have that many alts, it's safer to bet on BTC if the alts don't go up more than BTC.

I like your strategy. I never thought about comparing alts against BTC price. I will have to bookmark this reply to make sure I have my priorities right :)