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Ethereum's current bull market can at least reach $15,000 per coin. Let me explain why.
Ethereum is currently the most powerful smart contract platform in the universe. Its functionalities have been developed for less than 2% so far. ETH will eventually reach $10,000 and $20,000 per coin. Once you buy, hold tightly and don't let go easily.
It's not too late to buy now. This is a great opportunity. If you have the money, buy half ETH and half BTC, then do market making.
The returns are around 4%-7%. Don't let your coins go to waste for nothing.
Since switching to POS, ETH has a staking mechanism, which means some people actively lock their coins.
ETH will continue to be burned. So ETH is deflationary. Its price will eventually go up.
In the blockchain world, ETH is infrastructure, similar to highways, railways, airports, and ports in real life.
But ETH is not just infrastructure; it also functions as a base currency in the blockchain world.
You need ETH to buy NFTs, issue tokens, and use various applications.
One day, ETH will become the king in the blockchain world. Bitcoin will rise to $1 million and become a settlement tool in the global monetary system.
Of course, you ask me how long it will take for this day to come. I can't say for sure, but the trend is unstoppable. The process may have twists and turns, but holding on is the most important thing.
There are many opportunities in the crypto space, but that doesn't mean you can just pick up easy money. Your knowledge, mindset, and patience determine how far you can go and whether you can hold on without selling in a panic. Can you hold through the downturn?
It's just like buying BTC—simple but challenging.
Some say, if I could go back 10 years, I would buy Bitcoin and get rich. But the truth might be, if you clear your memory, you would definitely sell at some point in time.
The three factors that determine how much Bitcoin you hold are: entry time, patience, and profit-making ability. Entry time is determined by luck, which we can't control. But without patience and profit-making skills, good luck doesn't help much.
In Bitcoin's ten years, some people came and went, some left and came back, some came and never left, some left and never returned.
Making money in the crypto space is just like that—simple yet difficult.
I'm done. Keep going.