ETHEUR
Ethereum / Euro
crypto Composite

Hey chat, I have 3.62 ETH on Revolut, staked. I'm already like +16% profit, do I just leave it here? Looking for 6-9 month timeframe

Yes, ETH should rely on just L1.

Almost screwed up my taxes this year because nobody told me the rules changed.
Been buying ETH on Gemini for like 3 years, plus I've got a MetaMask wallet I move stuff into sometimes. I always just lumped my cost basis together in one big average across everything, because that's how I did it since 2021 and it never occurred to me that wasn't right anymore

Turns out starting in 2025 the IRS wants cost basis tracked per wallet, not pooled across your whole portfolio. Apparently my Gemini ETH and my Metamask ETH don't get to share a number anymore, each one has its own separate cost basis history now. If I sell from Gemini, I need Gemini's specific cost basis, not some blended number across everything I own.

Only found out because someone in a Discord I'm in mentioned their numbers from CoinLedger didn't match what they'd been calculating by hand for years, and it freaked them out enough that they posted about it. Made me paranoid enough to actually check my own setup instead of assuming I'd been doing it right this whole time.

Ended up running everything through CoinLedger because I didn't want to manually reconstruct three years of transactions across two exchanges and a wallet by hand, but you can absolutely do this yourself with a spreadsheet if you're patient enough. Just make sure whatever method you use, you're not averaging everything together anymore.

Know a lot of people are just going to keep doing what they've always done and hope for the best, and honestly that might be fine for most people. But I'd rather just get it right once and not think about it again.

TL;DR: IRS now requires cost basis to be tracked per-wallet/exchange instead of pooled across your whole portfolio, starting 2025. If you've been averaging cost basis across multiple platforms, you might be doing it wrong.

Risk analysis on the largest individual ETH book

Will fail like all other gp L2s. The world can not build open finance under RH's authority. Just as they couldn't with every other corpo owned l2.
Ethereum scales the L1 for builders, issuers, and traders or current scalable l1 leaders continue to eat activity. Then ETH exists as publicly operated money. Soon encrypted money. Same message coming from Ethereum leadership.
Faster the community gets on the same narrative the better for ETH.

Thanks for your thoughtful advice. I'd argue that ETH and BTC may be the safest out there's not huge upside or even a medium one. Why do you suggest ETH ?am curious. Most suggest BTC, others BTC and ETH.

I would keep the tokens that have a strong connection to institutional adoption and tokenization, such as ONDO (governance token), HBAR, Chainlink, and Solana.
Personally, I don’t like XRP and I would never buy it, but that doesn’t mean number wont go up. I think a lot of the claims made by the XRP community are heavily exaggerated. At the end of the day, XRP is primarily a gas token, and transaction fees are extremely small around 0.00001 XRP per transaction. I would consider replacing XRP with ETH.

tbh on Solana it's a bit different from ETH — there's no ERC20-style unlimited approval just sitting around. The persistent thing worth auditing is a token account *delegate* (from an spl-token approve). And most drains aren't even that; they're you signing one malicious tx that sweeps everything in a single shot, which a revoke tool can't undo after the fact.
For the delegate case it's not really "hope you recognise things" — it's a concrete address. Any explorer (Solscan etc.) shows the delegate field on each of your token accounts, and Phantom has a revoke flow built in now; a revoke tool just batches that.
Honestly the lowest-effort setup imo: a burner for mints/random dApps, real bag on a separate wallet (ideally hardware) that never touches sketchy sites. Then there's nothing to periodically audit.

If it were me, I’d keep it simple.
I’d **DCA into Bitcoin over the next few months** instead of going all-in on day one. No one knows whether we’ve already seen the bottom or if one final capitulation is still ahead.
Personally, I’d keep **80–90% in Bitcoin**, and if I wanted a little more upside, I’d use the remaining **10–20% for high-conviction names** (sol, ETH, bnb) rather than spreading across lots of alts.
**Wealth is usually built by owning the right asset for a long time, not by owning lots of assets.**
[Bitcoin Bear Market DCA Playbook](https://youtu.be/JXvr49ECTuo)

I dunno.
If they never sold any and weren't at FI numbers, sure. Completely agreed.
But if they'd already sold some and were in good shape financially, I could see them staking for passive income. I mean, if ETH mooned to 50k, it's reasonable to assume it might be stable at 20k. 32 ETH staked at 2.5% APY would generate \~16k annually which is a small but not insignificant passive income stream.

if ETH mooned to 50k whoever didnt sell would deserve $0 from this investment

Well Ive been here for over a decade. Things were different when I started out, it was easy to make 10-20x on a coin sell and move to the next thing. But at this stage I'd stick with BTC & ETH as the bulk of your portfolio.
I learned by getting burned with LRC and a few others. But I also made a lot with Cardano and polygon. But I wouldn't recommend alt coins anymore.
If you want to keep the coins you've bought at least sell 60% and do 30/30 in BTC and ETH then keep everything you have for speculation.
A solid foundation is essential if you want to invest properly.
If you want to slim down the current portfolio looks for coins that are decentralised and have a use case, for instance chainlink is a good one because it has a use case, but wheather or not it will moon is anyone's guess. Never buy meme shitcoins. You will eventually get burned if the liquidity dries up.

>**Adjustment brutal,**
>**Resistance is but futile,**
>**Keep the field neutral.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

I'd sell what you have. The coin is struggling now, lagging ETH even. It's going to get much, much worse with billions more being released on a regular basis. I believe this coin is going to zero. This is supported by CDC distancing themselves from it.

You know, I'd almost rather ETH be sustainably above 5k than briefly touch some absurd top that you need moon goggles to see.

And that's fine. I'm using BTC (as well as SOL and ETH) to hedge my investments in other coins with much higher potential yields. And so far, it's working.

If you actually make the IMO team that matters more than the uni name for a lot of these firms, they pay attention to olympiad medals. On schools, ETH Zurich and EPFL are basically free (no tuition) and taken very seriously, and the Dutch route is real since Optiver/IMC/Flow are all Amsterdam so being in NL gets you in front of them early. SEMFE is solid and firms do hire from it, so it's not a bad fallback at all if the scholarship stuff falls through. I'd honestly worry less about picking the "perfect" uni at 15 and just get the medal, that opens more doors than any specific program.

Hey bro I'm saying this for your benefit and not being an ass, but if you must buy crypto you need to sell all this and buy 40% BTC 40% ETH and use the 20% to speculate.
What you currently own has a massive risk compared to the big 2 which are risky enough.
Personally I stick with BTC and XMR only.

Just because someone is willing to accept a donkey for a car doesn’t make the donkey “real money”.
“Real money" generally means money that is recognized as final settlement by a central bank. You guys don’t seem to understand that tokens like ETH are just gas tokens for their ledger, they are not currencies, they are not money.

ETH Discussion