ETHEUR
Ethereum / Euro
crypto Composite

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Rough spot man, but you're doing the right thing by reflecting on it. Small caps are brutal - they look like 10x opportunities until they're rug pulls or slow bleeds. That's the hard lesson most of us learn the expensive way.
For anyone reading this - start with established stuff like BTC and ETH. Learn how markets actually move before touching altcoins. Position sizing matters way more than picking winners. If you're new, put in what you can afford to lose and keep way too much in stables while you study. Takes time to build intuition for what's legit vs what's hype.

MEXC is a choice for Europe. They offer deep liquidity for BTC/ETH options and maintain VASP status.

I've used [flake.exchange](http://flake.exchange/) been my go-to for ETH to Solana. Clean interface, no surprise fees, and swaps go through fast. Way less headache than most other tools I've tried.

What if it does not do that next time? In the stock market they call 3 tops a scam - apparently. ETH did 5 or 6. It's being manipulated. Yes, selling at 4k and buying back at 2k worked great for the people who were bearish on ETH. My bullishness screwed up that trade and I never took profits. So now I want it to rip and not reward people who dumped ETH every time they got the chance. They don't deserve a more expensive ETH IMO.

I hold ETH because I see it as infrastructure, not just a price play.
Most stablecoins, DeFi, tokenization and L2 activity still settle on Ethereum. If finance keeps moving on chain, ETH is usually at the center.
I expect volatility, not a straight line up. Over 3 to 5 years, usage matters more than hype.
I’ve also used Nexo to borrow against some ETH instead of selling during dips. For me it’s about staying exposed while keeping flexibility.

Ethereum $1800 was a buy signal for some (a Tom Lee call) of BTC and ETH

I hold Polkadot because of the Nakamoto Coefficient. As much as everyone has their own personal opinion on it, it is extremely decentralized, tech-forward, and completely open source. If I was going to put money into anything, this is it. 
If I need to buy something digitally that I can't use a credit card for, I use BTC. 
If I want to explore digital infrastructure, I use ETH. 
Denying it's uses doesn't mean it is pointless, it's just not as valuable as everyone thinks it is (yet). 

Didn't BRock buy a ton of ETH above these prices?

Isn't BTC manipulated now like gold with paper ownerships and derivatives, selling it fraudently because the BTC doesn't actually exchange hands? I've forgotten how this works (in the case of gold), what Peter Schiff said (yes I know he hates BTC), unless it's as simple as selling BTC ETF without actually backing it with BTC, cutting the demand for BTC because people think they're buying it. If so then ETH/BTC ratio shouldn't expected to be historic levels.

Sucks he is having to sell it so low though. I mean ETH should be north of $5K even in today's market if it had maintained a respectable ratio vs BTC.

I am sorry to break this to you, but ETH is a centralized, pre-mined, shit coin, run by a high functioning autistic guy.
It was never going to work. It is a social experiment to make a few people rich, and to make other people pay more "gas" than the transaction is worth. It is a total scam.

Reid Hoffman, famous for various things (which you can look up), is apparently “all in” on ETH. Make of that what you will.

Isn’t 1 and 3 almost the same? Also, there are only SIX alts over $10bn total market cap and all except ETH have less than $3bn daily volume. How is there even an “alt industry” or strategy?

Somewhat like this - the data is unsanitized and has some negative changes from day to day (I remember the NFT marketplace would sometimes remove entire collections which caused weird stats). This is also only from the start in Aug 2022 to Dec 31st 2022, but the NFT marketplace struggled on for fucking ever before it was mercifully killed in February 2024 (!).
Nevertheless they went from 3000 ETH on the first day, to 30-40 ETH each hour the first week, to 10 ETH each hour the next few weeks, until in late December 2022 they were doing .10 ETH per hour in transactions. I bet by 2024 they were doing less than 1 ETH a week.
https://preview.redd.it/ruhf5vho0ylg1.png?width=1696&format=png&auto=webp&s=0d1139ca92a0218c653a896ca0c55439e8e3f89e

Oooph make sure you don’t look at DefiLlama or Rwa.xyz and see how Solana’s tvl metrics pale in comparison.
I’m a big fan of Solana, but acting like ETH isn’t a threat is absolutely wrong lol. It has 15x the stablecoins and 10x the DeFi tvl.
Being bullish is good, but being ignorant is goofy

He has a brain! Do you have any idea how much knowledge he has? how many languages he speak? PhD and the fact he made ETH is more then most of us has done in our life time.

Learn from my mistakes, no matter how good the technology is, it doesn't matter. You're going to get your ass kicked.
Take it from someone who bought about 1/3 of my current bag of DOT at $25, didn't sell at $50. I sold most of my bag at $5 which ended up being my cost basis.
Same with ALGO. I bought most of my bag around $0.30, and then another huge amount at $0.08. And I'm about to sell it all in a few days for barely a profit. (Thanks staking rewards).
Both projects are great technology, hell ALGO has about the fastest damn transactions on the market. And DOT is impressive too. But none of that matters if no one uses it.
No one uses alts. BTC and MAYBE ETH are the only two that are worth it. Those are my only two bags I made money off of. And the only two bags I'll have left by the end of this year.

I would treat this as learning lesson:
1. crypto especially alt coins aren't an investment that you can sit on. They're short term gamble, 99% go to zero. Stick to BTC or ETH.
2. don't leave your coins on an exchange.

>**Towards maturity,**
>**Lean Ethereum duty,**
>**Blockchain purity.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap