It has been exactly 4 months since the project "Buying a car for crypto" was paused. Unfortunately, during this period, while the project was on hold, the price of $ETH was most favorable for purchases.
But now my financial situation has stabilized, and I can afford to resume the project, especially since I expect to receive a couple of tasty drops in the coming month.
However, now the question arises: should I resume the project or would it be better to wait for a suitable price on $ETH, sell it, and buy a car with the proceeds?
Let me remind you of the current portfolio indicators:
🔘 Days since the start of investments: 492 🔘 Invested: 9780$ 🔘 Goal: 9000$ (ETH price) 🔘 Balance: 14620.75$ (📈 +48.37%)
The portfolio currently holds 4.6 $ETH, which continue to successfully participate in farming other projects, from which I also expect a drop.
So, what to do next? Let's decide together:
🔘 Hit "👍" if you want the project to continue. 🔘 Write "comment" if you think it’s better to leave everything as it is and wait for a favorable price on $ETH.
🚗 Project - Buying a car with crypto - Day 482 Every day I buy ETH 🔷 at 20$ - more details here Invested: $9580 Target $9,000 ETH price Balance: 13631.53$ (📈 +41.32%)
As I said before, I write everything as it is. Unfortunately, nothing went through from my 2 accounts. Although before the verification I was 100% sure that the main account should pass. But the developers decided otherwise.
Since the beginning of the year, I have made a lot of conclusions about drops. I may be wrong, but I will express my opinion.
Investing in Ethereum (ETH) has several key benefits:
1. High liquidity: Ethereum is the second largest cryptocurrency, which provides a high level of investor confidence and significant liquidity.
2. Smart contracts and dApps: The platform supports smart contracts and decentralized applications (dApps), making it an important player in the blockchain ecosystem.
3. Decentralized Finance (DeFi): Ethereum is actively used in the growing DeFi sector, offering a wide range of financial services without intermediaries.
These factors make Ethereum an attractive asset for long-term investment.
For the sake of low fees: Dencun update deployed to Ethereum mainnet
New update The update was deployed on the Ethereum mainnet around 16:55 Moscow time. The price of the second largest cryptocurrency by capitalization has changed slightly since then, adding 0.05%.
What is Dencun Dencun is the general name for an update to the Ethereum network, which is actually divided into two separate innovations: Deneb and Cancun. Deneb is the brightest star in the constellation Cygnus, and Cancun is a city in Mexico.