Today, the exchange rate of $ETH against $BTC has hit a new low again, and many friends holding ETH are in pain. I want to share my personal opinion, which I also mentioned when chatting with two friends today.
"My opinion doesn't matter, but if the wealthiest asset management companies in the world and the people who know how to make money are optimistic, then why should I be bearish? My ability is too far behind the researchers at companies like BlackRock, but these people have already done the research for us. Currently, there are only #BTC and #ETH spot ETFs, which means that capital is primarily driving these two, at least for now."
If the smartest and richest people are making this choice, then I just need to follow them. Maybe I can't beat BTC right now, but compared to others, there are still great opportunities. The biggest opportunities come from these top analysts and investors in the world.
I am not arrogant enough to give them the middle finger; maybe you can, but I don't think I can, so I will follow them. Although I haven't made money compared to BTC, I haven't lost money in terms of ETH and USDT, and I am still in profit.
There is no such thing as 'I should have known' in this world.
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