Ethereum

investor, advisor & fan of crypto, ethereum, defi, NFTs & AI. posts not expert opinions or advice. http://gallery.so/dcinvestor + http://deca.art/DCinvestor

I sold $GBTC & Bought $ETHE

NFA DYOR

First time in years I have no BTC exposure in my brokerage accounts. 

Thesis:

* Innovation on ETH accelerating (e.g. Warpcast, Base)
* ETH will flip BTC 
* ETHE has a >12% discount to NAV
* ETH ETF coming soon
* @dcinvestor loves ETH

I don't normally post about financial moves - prefer to stick to art, culture and the occasional attempted joke.

But this was a shift for me. I still have BTC, just not at brokers! 

But as I discussed a year ago... ETH is coming for BTC.

The revolution will be decentralized! Cast your shot /itookaphoto - /itookavideo - /moviesuggestions - /tvsuggestions - https://linktr.ee/inceptionally 

rektt

After some feedback in the /rektt RLD channel... clarifications:

* Best for IRAs / non-taxable - for taxable accounts, buying spot ETH on an exchange like Coinbase is safer, due to... 
* Discount to NAV will widen if ETH ETFs are rejected

...but we may see a premium pre-ETF!  What's a Degen to do?

I don't normally post about financial moves - prefer to stick to art, culture and the occasional attempted joke.

But this was a shift for me. I still have BTC, just not at brokers! 

But as I discussed a year ago... ETH is coming for BTC.

https://x.com/Inceptionally1/status/1619033601433124881?s=20

Ex Citadel, Balyasny hedge fund analyst.  Crypto research @GSR.io. Views are my own. NFA. 

a few MOAR:

*Narrative until recently was ETH is dead
*Retail not back yet
*Easing central bank monetary policy
*Successful Dencun upgrade
*Full bull activity = greater deflation
*Restaking enabling Ethereum to move beyond its VM / consensus (increases settlement/security TAM, moneyness)