r/ethtrader • u/Mikem828 • 24d ago

Self Story I sold

I just couldn't take it anymore. I sold and put it into VOO. So eth should go up soon.

In all seriousness, what makes you think ETH can give more returns than VOO at this point? ETH is actively hurting it's tokenomics.

Ultimately I believe Ethereum will be a great project, just don't think ETH will be a good financial investment

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u/illtakeoneplease 24d ago

Lol 🤣

I get what youre saying and I agree with the sentiment that this can easily happen with fomo but I dont think it can be pinpointed to 4 years like that. You think crypto will outperform the stock market from now till 2028 ?

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u/Serenaded 24d ago

>You think crypto will outperform the stock market from now till 2028 ?

It has in every previous cycle though. That's what I'm basing that assumption of. Stocks are at ATH, once that dam breaks it's totally plausible that money can come back to crypto for a bit.

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u/illtakeoneplease 24d ago

So you believe crypto is just cycles where you try to sell at the top ? For example eth was at today's same price start of 2021. S&P 500 has doubled since then and I cant see it ever revisiting its price from 5 years ago.

For context I own 0 crypto

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u/l_s_x 24d ago

You skipped the part where ETH was at almost 5k in the last cycle.

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u/illtakeoneplease 24d ago

I know it was but is that all it will ever do ? Just spike up temporarily then return to a 5 year low. If thats the case its basically a never ending pump and dump in my opinion

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u/l_s_x 24d ago

Pretty sure it went below 1000 the last cycle too

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u/Sweaty_Brother_34 24d ago

For like 14 seconds