So this is just like my fucking opinion, dude

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[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (3 children)

I rode out the last BTC dip in USDC. I didn't track things very well, but I think I came out ahead. You could certainly make a transition like this in stages, like dollar cost averaging. I'll be watching for the next top.

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (2 children)

I got laughed at on the crypto discord for saying this, but I think ETH is the new BTC. It's superior in every way. And it's not perfect which is where alt coins come in.

I got out of btc a while ago.

[–]UnexpectedTransmissi 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

I wouldn't underestimate the power of Bitcoins brand.

That, and layer 2 solutions can do what Ethereum does... Plus Ethereum gas fees are insane. Layer 2/sidechains may be the only way to scale effectively.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Really because BTC doesn't do anything. It's just a figure head. If you like that codebase for some particular reason there's ltc for a fraction of the price.

Plus Ethereum gas fees are insane.

That is incredibly true. Eth2 might fix that.

Layer 2/sidechains may be the only way to scale effectively

And that's why things like matic have any value.

But it's not better for btc, just nobody needs to actually do anything with btc so it doesn't matter. That's not a good thing imo.