ETHUSDT20241006P2200
Ethereum / Tether USD Oct 6 2024 2200.00 Put
crypto

You'll be surprised how quickly things flip. In 2017 ETH went from $20 to over $1000 in a couple of months. Nano went from 0.05c to $30.

Imo we have already seen the winners, the first movers. BTC and ETH. Bigger capitalization and bigger TVL.

ETH about to shit the bed... or not ?

Memecoins, pumpfun, and Solana have killed crypto in general for “retail”. Institutions are moving the price of BTC. ETH will follow eventually. Get in there individually or just invest in ETFs. I think that’s where retail focus is shifting too because of the scammers and crooks in the memecoin market. The memecoin scumbags are why we won’t ever see a bull run like we did in previous years. Thank pumpfun.

I Thought You Owned ETH... What The Hell Is DONUT....

ETH lookin like an intergalactic generational top 💀

Furthermore, you’re doing the typical crypto cycle mistake: assuming what’s hot now is always what will be hot.
Yes, Solana had its run. Yes, ETH is boring to you now.
But serious money isn’t rotating because of your feelings about gas fees. It rotates on liquidity, security, and proven adoption. Hence why ETFs are coming for ETH, not SOL.
Polygon? Sure, not leading this cycle. I’ve already planned my position, unlike most people still emotionally ranting on forums.
But dismissing the entire point of Layer 2 scaling? That’s short sighted. zkEVM, enterprise deals, DePIN infra, these aren’t pump bags, they’re infra being built for cycles ahead. ETH’s future scaling still depends on this stack.
Funny you say “no one wants to work with ETH” while BlackRock literally filed for ETH products and recent bought a ton. Guess they missed your Twitter post, huh?
Anyway, I’m focused on profits, not winning internet debates. Enjoy typing, I’ll enjoy rotating into strength. 😉

This OPEN shit needs to stop so everyone can put their money back in ETH. Thank you for your attention to this matter!
I was thinking about selling OPEN puts when it dropped yesterday, but then I remembered that time I sold WOLF puts and lost $1,000. Friendly reminder that there are no free lunches. Flipping houses in an illiquid housing market when prices are dropping is an impossible business. Memes are memes but eventually their inventory will grow and it will not be good. In case there are any lurkers reading this thinking it must be a good trade since TG is doing it, too.

Diversifying a crypto portfolio by holding XRP is a bit like hedging your stock portfolio by putting some money in the care of the first random guy you see wearing a suit. It might look respectable, but it sure as hell isn't.
You have the opportunity here to do something magical in selling a 100% pure scam like XRP at the top, and buying ETH, the asset tied to the only useful blockchain at scale, at what might be near the bottom if things play out well.

Did ETH just do a triple top

ETH

A lot of BTC and ETH guys are in a social bubble. They are out of touch with normal people. I have watched people grow curious and start buying crypto recently. We are still *HUGELY* at the infancy of crypto, but people are comparing it to the dot com rallies in the 90's, thinking it's over in 10 years. News flash, the companies that made it went on rallying for another 25 years since the bubble popped. It will be the same with crypto, we'll probably see meme coins pop like the dot com and then the smart money will continue to grow with coins that actually had or have real utility.

They’re doing/did a private placement offering. They sold 100MM of prefunded warrants. That’s literally the Michael Saylor playbook, not necessarily that exact method of financing per se, but diluting/raising debt to buy [more] crypto. Everyone is doing it now, for Bitcoin, ETH, SOL, LTC, DOGE. 100MM by itself is really a drop in the bucket, but I believe this is only the beginning. LUXX has committed to using LTC as a treasury asset, as well as focusing their business on developing the Litecoin ecosystem…and Charlie Lee is on the advisory board. I believe these are the first of many. Bitcoin treasury plays are getting played out, a dime a dozen…less and less of a boost to stock price. LTC is an attractive option right now, and it seems like Charlie is setting up lots of meetings telling companies as much

Yet you are here.
Is it because of the community? Is it because of the most reliable dev in the game? Is it because of the unique narrative? Is it because we bridged SOL & ETH? Is it because we’ve been at it for over 16 months? Is it because of our organically men-driven marketing? Is it because of fast money? Is it because of fast cars?
Whatever your reasons may be you have arrived.
And we are here to stay.
$POWSCHE - HIGHER!
SOL:
8CkiSHHJDHJV4LUoiRMLUhqG58cUkbyJRtcP4Z3mCXNf
ETH:
0xc5cB2E3f9E9B04f36fF24B9D392be211F81abC85

ETH has been outperforming BTC over the past +3 months lol.
ETH ATH imminent.

S, ETH and IREN tomorrow

Yeah I think this is the first peak for Bitcoin. ETH ripped right after and large cap alts should follow with dirty dirty random coins ripping. Then everything takes a nice big plunge, and that cycle repeats one last time.

randomly went full port into ETH less than a month ago . sold today for +55% (+240k)
https://imgur.com/a/cZBw5Uo

tldr; The Ether Machine, a Pantera-backed entity, plans to go public with $1.5 billion in committed capital, including over 400,000 ETH. The company aims to provide institutional investors with exposure to Ethereum and ETH-denominated yield. It has raised $800 million from investors like Pantera Capital and Kraken. Unlike a passive treasury, The Ether Machine will actively generate ETH yield. Co-founder Andrew Keys described it as offering secure, liquid access to Ethereum, which he calls the 'digital oil' of the economy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Thank you. Loved your insight.
Yea ETH is always on my radar plus other coins. I'll still accumulate Bitcoin but yea. Thank you again.