The Ethereum Merge Is Coming (What You Need To Know)

The Ethereum merge is right around the corner and has the potential to be one of the biggest events in crypto history. I talk about why the merge could be one of the biggest catalyst events in history, what the merge means for Ethereum, why most people are completely misunderstanding and underestimating the coming changes and more.

If you have any questions let me know in the comments and I'll be happy to answer them!

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*IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, it's just me sharing my journey to a million and taking about what I'm up to and the strategies and tactics I'm using to try to get there. Do your own research always! I'm a normal guy who makes mistakes and has made plenty so far during this journey. So choosing to blindly copy what I'm doing isn't going to lead you to just making a ton of money. I've had investments where I've lost EVERYTHING. I don't just say do your own research as a legal covering but because you really need to do your own research and make your own call. If you don't understand what you're investing in you can lose A LOT of money! Especially in crypto which is super super risky. A lot of the projects I like to jump in are really small crypto projects which make them even more insane risky. Past performance doesn't mean the project will do the same thing in the future, no one can predict the future and what will happen next. I'm pretty passionate about this, I am by no means a professional investor. I'm on my journey to a million dollars, I don't even have the experience to have made a million dollars. All this is to share my journey because I believe there is value in watching me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't just blindly copy me😄

Also all of this info might be accurate at the time of me recording and posting but in the future things could change. Especially in crypto things change fast, so just be aware of that. Thanks!

#crypto #ethereum

[paolokoch]

To possibly create wealth good enough to retire, diversification is indeed necessary to achieve your goal. I realized the secret of creating wealth with the guidance of a financial professional and would love to share my ideas with the ignorant ones here

[lerich]

But why does the selling pressure double if the price doubles? The expenses of the miners are in FIAT so they would just sell a smaller portion of their mining rewards and keep some ETH wouldn’t they? I don’t believe that they always sell all their mined ETH

[jesseeckel]

I know lots of people are super fearful of the market right now. If you've watched any of my recent videos you know I'm a big believer in thinking contrary to the market during times of extreme greed or extreme fear. So I'm personally just not worried right now. That doesn't mean I don't think prices could go lower from here, they sure could. It just means that I'm a firm believer that eventually at some point in the future prices will be much higher than todays prices for assets like ETH and BTC, etc. So the price going lower short term doesn't bother me. Lots of people freaked out when Bitcoin went from over $200 down to less than $30. They thought it was the end of the world, they could only see right in front of them and right in front of them is was a disaster. Those who bought at $200 when it crashed to $30 had lost a fortune. People were saying Bitcoin was dead, it was over, and at that point Bitcoin had not even 1/1000th of the adoption and acceptance it has today, but obviously buying Bitcoin at $200 long term would've been a massive win had they just held their Bitcoin for the next few years. You can't only look at what's right in front of your face but what could be in the next 1 or 2 or 5, or 10 years. That being said none of this video is meant to convince anyone to buy ETH or any cryptos. Just documenting what I'm up to personally and why I'm making the moves I'm making. Time will tell if I made a smart decision a horrible decision or somewhere in between.

For reference for those looking back at this video years into the future: Current Bitcoin price $23, 381 Currently ETH price $1215.

I'll look back on this comment in a few years and add insight based on how things unfold😄Hopefully it goes in my favor but we'll see🤷🏼‍♂

[criptobros]

All I wanna know is if YIELDNODES is considering proof of staking the hell outta ETH, when the time comes, to add more sustainability to the proyect.

[rychier]

Very informative video, thanks Jesse. 💪🏻

[chadgarber]

How do layer 2 blockchains deal with the eth gas fees?

[User-uzrw]

You gave 3 reasons: 1 need to sell for price not to go up. 2 bigger staking rewards. 3 eth transaction fees get burned.
But what money gets burned in the first reason?

[eeram]

you've done it again Jesse. your timing is impeccable. ETH is tanking right now due to everyone selling their staked ETH (stETH)😮

[gaceqkos]

That's all awesome. But you did not cover much about possible risks of the price going down. What if the happy scenario does not happen?

[garpertw]

What would happen to existing coins? Is there gonna be a eth2.0 coin and would i need to swap in order to able to stake?

[CirrusResults]

Price is determined by markets. What you said about needing sellers or else price goes up makes no sense at all. Gas fees is not buy pressure.

[BossGarage]

Thank you for the informative video 💪💪💪

[BarbellFinancial]

I withdrew all my crypto from Celsius 2 weeks ago and made a video about all the reasons why. The writing was on the wall.

[powerralley]

You could have cited hall press from bankless. All the info is correct but I suspect you got it from bankless.

[allenkleinermann]

Jesse, are you bullish on Polygon after Eth merge? the issue with polygon I see is that they have a very poor community reach. Do you think differently? I'd appreciate your thought

[JGPT]

What's the best way to buy Eth? Starting with fiat in my bank

[margeauxl]

I'd say there IS a comparison to what ETH can do when you said no one comes close to being secure, I'd say one does and does better, IMHO it's Kadena. Anyways, this video really helped me see what's gonna happen on the flip side with POS. Thanks always for your time and teaching. Blessings and riches my friend

[blueice]

you're banking on those with validator nodes to hold, there's some big pools accumulating a lot of ETH and I bet that they'll be cashing out on a regular basis

[elhamshabestareyan]

After the Ethereum merger, you should expect a sharp drop of 80%. Now it is better to sell this ETH and buy Crypton

[sanadaevils]

good video as always.
it will not go back up for a while... gamble as always.
a lot of people got stung by bad projects definitely forsee pump and dump