At ETH’s peak of $4,200, I went in hard—investing heavily in both the token and $800,000 worth of mining rigs. But as the market tumbled, ETH dropped to $800, leaving my mining setup obsolete.
Through ETH’s dip to $800, I stood firm. But two nights ago, I made a decision that changed everything. In a moment of panic, I leveraged my position 3x, crumbling under the pressure and eventually selling.
Why I Sold My ETH:
1. ETH’s Own Selling Pressure: The project itself has been offloading tokens, and Vitalik’s image has changed over the years.
2. Uncertainty with U.S. Elections: Vitalik’s Russian background and involvement in frozen U.S. funds add to the uncertainty.
3. Missed Momentum: Bitcoin’s recent rally and projects like SOL have shifted attention away from ETH.
Selling my ETH was one of the hardest choices I’ve faced, but I needed to mitigate risks. Now, I’ve put everything into Dogecoin, which feels like an entirely new gamble. The market is relentless, and every day is filled with questions.
Where should I go from here?
