Which one is the strongest, Sol or ETH? If you both buy 100,000 U and sell at the end of the bull market next year, who will have a higher return?
1. The competitor SOL is too strong. It is not that the SOL chain itself is strong, but that the dealer behind SOL is more powerful. SOL focuses on being close to the people in this round, and mainly relies on local dogs to support the activity on the chain. In fact, it is not high-end or popular, but it relies on pulling the market to attract users.
2. ETH's surge in the last bull market relied on decentralized finance (DEFI, pledge, lending) and leverage on the chain. But this round was caused by regulation, and it survived by cutting off its arms. While the high leverage on the chain generates benefits, it also brings huge bubbles, and it is difficult to save it by cutting off its arms.
Most importantly, ETH relied on continuous innovation before, and this round, except for the conversion to POS, there is no innovation.
3. After the ETF is passed, Grayscale has a potential sell-off. If I were a dealer, I would not pull the market at this stage.
In the long run, choosing ETH may not necessarily be bad. But in the short term, I will not deploy it in the early stage of ETF selling coins through Grayscale, because I know that it is difficult to pull it up in the short term.
During the plunge, the overall decline of Ethereum and SOL was actually similar, but before that, SOL rose more and Ethereum almost did not rise.
During the decline, Ethereum's short-term rebound was weak, while SOL's rebound was strong.
When it fell for the second time on the evening of September 5, the SOL sector was chosen for bottom-fishing.
So how to choose for the long term.
The safest way is to choose a strong one during the plunge. After the strong period of SOL and the ETF turnover period, you can switch to a half position.
Some people ask why they are not optimistic about Ethereum.
In fact, it is not that they are not optimistic, but that they know the current affairs. If a person falls twice in the same place, he should carefully judge the situation. It is wrong to go all the way.
At a certain stage, Inscription is strong.
At another stage, the Ethereum sector is also strong.
Since September last year, the SOL sector has been strong.
Yesterday's decline was just a profit retracement, which did not affect my long-term holding.
Be my fan, you can also eat meat