Everybody always ask me which cryptocurrency has the most potential and upside this cycle. My answer is if you're looking for performance start stacking Ethereum or if you don't have at least one Ethereum start making that a worthy goal before it's too late.
When I look at the Ethereum / Bitcoin pairing chart we still have a long journey to reach the ETH/BTC all time highs of the previous 2017 cycle. It's crazy to even think at one point Ethereum was valued at 100,000,000 satoshis in April 2017 which is practically 1 Bitcoin . Ethereum is currently only 4.6 million satoshis.
As of right now the average American does not have enough in savings to even afford 1 Ethereum at $2560. According to a GOBankingRates 2019 savings survey found that nearly 70% of Americans have less than $1000 in an emergency savings. It was only about a year ago when Ethereum was less than $300. I've been saying this for a while now that Ethereum is second evolution of the internet and the decentralized global internet. Also EIP 1559 is tentatively scheduled for July which essentially states every transaction on Ethereum will forever burn Ethereum. Meaning Ethereum will start to become scarce in the near future.
Even at $2560 Ethereum is a still as it's primed to be a 5 digit cryptocurrency. Bitcoin is digital gold while Ethereum is digital oil. The ETH/BTC run-up will be epic and one for the history books this year. Please don't sleep on Ethereum before it's too late. Make it a goal to own at least 1 Ethereum.
Remember I'm no financial advisor. Much peace, love, health, and wealth!
When I look at the Ethereum / Bitcoin pairing chart we still have a long journey to reach the ETH/BTC all time highs of the previous 2017 cycle. It's crazy to even think at one point Ethereum was valued at 100,000,000 satoshis in April 2017 which is practically 1 Bitcoin . Ethereum is currently only 4.6 million satoshis.
As of right now the average American does not have enough in savings to even afford 1 Ethereum at $2560. According to a GOBankingRates 2019 savings survey found that nearly 70% of Americans have less than $1000 in an emergency savings. It was only about a year ago when Ethereum was less than $300. I've been saying this for a while now that Ethereum is second evolution of the internet and the decentralized global internet. Also EIP 1559 is tentatively scheduled for July which essentially states every transaction on Ethereum will forever burn Ethereum. Meaning Ethereum will start to become scarce in the near future.
Even at $2560 Ethereum is a still as it's primed to be a 5 digit cryptocurrency. Bitcoin is digital gold while Ethereum is digital oil. The ETH/BTC run-up will be epic and one for the history books this year. Please don't sleep on Ethereum before it's too late. Make it a goal to own at least 1 Ethereum.
Remember I'm no financial advisor. Much peace, love, health, and wealth!
Note
Most Americans Have No Savings:statista.com/chart/20323/americans-lack-savings/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.