Originally Posted by Ninerfan11:
Another temporary top, correction incoming. I hope all these celebs and memecoin noobs get wrecked. Market can't be healthy with that garbage in it.
He doesn't strike me as a day trader and ADA is a key player in crypto as a currency. It's a better long-term play and store of value than bitcoin. And you can stake it for 4 - 6% of free passive income on your coins. Same with Ethereum.
Your negative nature continues to drag this thread down when there's really no need. [Reply]
Now I am investing and mining (ETH)... because like chiefrocka stated, "The best time to plant a tree was 40 yrs ago, the 2nd best time is today."
Big props to you guys who were in it early.
Just remember, come July-ish Ethereum transitions wholly to Proof of Stake. You can repurpose your HW to mine other assets but if I were you I’d spend money now to acquire more ETH for staking. EIP-1559 also makes ETH less inflationary than Bitcoin for a good while. I think you’re seeing these facts getting priced in now with this meteoric rise. [Reply]
Originally Posted by ChiefRocka:
Just remember, come July-ish Ethereum transitions wholly to Proof of Stake. You can repurpose your HW to mine other assets but if I were you I’d spend money now to acquire more ETH for staking. EIP-1559 also makes ETH less inflationary than Bitcoin for a good while. I think you’re seeing these facts getting priced in now with this meteoric rise.
Thanks for the info!
I did much research this morning on EIP-1559, and while that is a bummer for my future ETH mining hobby, like you said... I can move to other trending assets after July.
I did toss another $2k at ETH today.
LETSS GGGGGGGGGOOOOOOOOOOOOOOO.
Currently in the rabbithole of researching NFT's for the music I write/produce. That tech seems like it could be a ways off though.... and probably way better for high established artists. [Reply]
Originally Posted by ChiefRocka:
Just remember, come July-ish Ethereum transitions wholly to Proof of Stake. You can repurpose your HW to mine other assets but if I were you I’d spend money now to acquire more ETH for staking. EIP-1559 also makes ETH less inflationary than Bitcoin for a good while. I think you’re seeing these facts getting priced in now with this meteoric rise.
This is the answer I was looking for. I’m buying Ethereum on the next dip [Reply]
Originally Posted by TambaBerry:
I downloaded trust wallet, bought bnb, transfered over to smart chain, went to pancakeswap through trust wallet and exchanged it for safemoon