Hold ETH or invest in ERC-20 tokens?

[enwi]

Ethereum hold is very dominant, in fact I might not agree because it is precisely this time for altcoin investment because this year is a year of good development for all altcoins.
but because this is an option, yes, we have to respect the choice, only that there must be a choice there are cons.

That's right, so far there are a lot of people who are still holding ethereum because the price of ethereum has a very good chance that in the future it might become very expensive, there is an issue that ethereum will enter the ETF of course this will have an important influence on the price of ethereum in the future .

[MrSpasybo]

That's right, so far there are a lot of people who are still holding ethereum because the price of ethereum has a very good chance that in the future it might become very expensive, there is an issue that ethereum will enter the ETF of course this will have an important influence on the price of ethereum in the future .

As of now, the majority of the cryptocurrency market is still in the recovery phase. ETH has demonstrated a stronger price appreciation from its bottom compared to other tokens in the market. Therefore, investing in ETH could be a safer choice with the potential for higher returns, especially considering the anticipation surrounding the approval of the ETH Spot ETF by the end of this month.

However, I believe that ETH price may only reach $10K-15K during this bullrun, translating to a return of approximately 200-400% from its current price. This potential return may not be as attractive compared to other ERC-20 tokens. For serious investors who have conducted thorough research on specific projects within the Ethereum ecosystem, certain ERC-20 tokens could also be worth considering due to their potential for higher returns than ETH during the altseason. Notably, some native tokens of Layer-2 solutions, such as ARB, OP, and STRK, are worth paying attention to.

[legend45]

Ethereum hold is very dominant, in fact I might not agree because it is precisely this time for altcoin investment because this year is a year of good development for all altcoins.
but because this is an option, yes, we have to respect the choice, only that there must be a choice there are cons.

That's right, so far there are a lot of people who are still holding ethereum because the price of ethereum has a very good chance that in the future it might become very expensive, there is an issue that ethereum will enter the ETF of course this will have an important influence on the price of ethereum in the future .

If an ETF for ethereum is approved, of course we will see a surge in ethereum. We know that ethereum is the second most popular coin after bitcoin, and has a large community. And until now it has always been number two in CMC after bitcoin, this is proof that ethereum has many fans

[MrSpasybo]

If an ETF for ethereum is approved, of course we will see a surge in ethereum. We know that ethereum is the second most popular coin after bitcoin, and has a large community. And until now it has always been number two in CMC after bitcoin, this is proof that ethereum has many fans

Yeah, ETH has always been the crypto queen, and while there have been no significant technological advancements since the switch to POS, the Ethereum community has continued to grow, and the ETH price has also recovered well over the past year. If ETH Spot ETFs are approved in the next few weeks, we could see strong growth in ETH and many ERC-20 tokens, and it could also be the catalyst to help the market break out of its re-accumulation phase and into a bull run.

However, the situation is not entirely optimistic as the SEC is still investigating the legal nature of ETH. I hope that large companies like BlackRock or Consensus can successfully challenge the SEC to protect ETH and ETH Spot ETFs.

[Power420]

Ethereum coin is second only to Bitcoin, so even though it is an ERC-20 platform, it is in high demand and preferred by investors. But it has expensive gas fees which annoys the holders a bit, I do very few transactions mainly because of gas fees. Two transactions a week and most towards other platforms. Because this is the most economical way to save gas fees, Ethereum coins are popular in terms of holding. As an altcoin it will do well as it is reliable enough and has remained in the market faithfully for a long time.

[MrSpasybo]

Ethereum coin is second only to Bitcoin, so even though it is an ERC-20 platform, it is in high demand and preferred by investors. But it has expensive gas fees which annoys the holders a bit, I do very few transactions mainly because of gas fees. Two transactions a week and most towards other platforms. Because this is the most economical way to save gas fees, Ethereum coins are popular in terms of holding. As an altcoin it will do well as it is reliable enough and has remained in the market faithfully for a long time.

Current ETH transactions are quite cheap at around $0.6, only interactions with Dapps such as Swap, Bridging, and NFT Sale are still expensive at around $5-20. However, I believe that investors do not participate in the market just to save gas fees, they invest to make profits. They will use the network, make transactions and accept high gas fees as long as they can generate greater profits. This was proven during the memecoin trend on Ethereum in the bullrun 2021, when investors were willing to pay $100 for a transaction to buy SHIB tokens worth $500

For CEXs users, onchain transaction fees are no longer an issue. Investors will only consider and make decisions based on the future opportunity and price appreciation potential of the token. While many ERC-20 tokens have outperformed ETH in terms of price appreciation, from the perspective of balancing safety with returns, ETH is a better choice than most other ERC-20 tokens.