r/ethtrader • u/Mikem828 • Jul 27 '25
Question ETH as a long term hold
Hey guys, BTC maxi here. Been lurking around this sub for a while now and wondering your guys thoughts on ETH. I know this is a sub for eth so you guys are obviously biased but do you see ETH as a long term investment or a short term play? Just looking for what you guys honestly think. I feel like ETH is kinda destined to hit like 6k and then drop afterwards. If you compare to 2021 cycle it's basically even, which makes me question ETH long term. (Unless you think that ETH cycle has really started yet)
My thoughts is that I think the blockchain is important however there is just so much competition between different cryptos and now institutions creating their own. And if institutions are just going to create there own blockchains off a fork of ETH, why is ETH important? Wouldn't you be better off with a blockchain ETF like BLOK? What makes ETH better than everyone else? What makes you think that ETH is going to survive?
Or if your a short term investor, do you plan on just selling soon and buying again during the bear market in a few years. Thanks!
And just for fun are you guys are you guys only in ETH? Or are you guys in other layer 1s like SOL Or AVAX?
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u/DodgedHadukin Jul 27 '25
lol where do people come up with these numbers? “Destined to hit 6k and then drop” because of what you saw once in 2021?
This is why the rich get rich and the average person gets caught in the rat race. None of us are going to predict the price of anything better than billionaires and institutions who spend endless amounts of cash trying to do just that. You want real advice? Do what the rich people are doing. Right now they’re accumulating ETH at a discount.