Looks like BTC is not the only coin fueling the crypto rally recently! Anybody trading ETH?
https://www.reuters.com/markets/currencies/dollar-steady-ether-fuels-crypto-rally-2024-05-21/
Yes. I have been holding ETH since I bought it at 30ETH/BTC (circa 3 years). Now it is < 19. I am seriously thinking of selling ETH and buying BTC. My long term target was to sell at 10ETH / BTC.
ETH surge may be too much too soon, and I am in the market for a greater BTC share. Food for thought.
Primary portfolio holdings below.
Couldn’t resist that 20% ETH growth in 1 day. Holdings now more balanced against the theoretical holdings required for 2024. Now waiting for SOL vs ETH ratio to change by a similar amount.
Do you always keep some USDT around?
Yes, the range on my target USDT holdings is from 0% to 10% of portfolio value. I also have another trading account with some USDT. How can you plan an effective trading campaign if you have no powder in the gun?
It ended up growing for a time despite BTC falling at the same time, with the ETFs now, it is going to be an interesting time for ETH.
Oh wow. Thanks for the detailed graph, Mondeo!
Interesting to see the significant change in your portfolio within just 1 day (amount of BTC and ETH), but that makes sense.
I wonder if there have been a lot of changes within the past week.
Are you also trading or holding ETH?
It’s weird how much didn’t move. I guess people are either accumulating or waiting for the actual approval or whatever. The real one.
I am holding a bit of ETH.
Would you say you’re among those people who are still waiting it out?
Ooh! If you don’t mind me asking, what other coins do you have in your portfolio?
A little bit of BTC, BRETT, DOGE, XRP, that’s it.