How much ETH do I own?

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Question from Patreon member: Since we all know that ETH will underperform SOL but we still don't want to sell all of it why don't we put it 2 or 3x on it for this bull market?
Recording date: March 17, 2024
#iaclips #investanswers #ethereum #eth #cryptoportfolio

Disclaimer: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss.  Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.
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What would you do today if you still had eth James? Would you wait for a run with etf etc and then redistribute to faster horses... or would you get out now?

lisajmccarthy
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Hi James, do you answer non-Patreon questions mate? I am in NY and am limted to the exchanges I can use, Coinbase, Gemini mainly. Other than SOL, what are the faster horses left at this time on these exchanges I could ladder into from ETH... As always, thanks for the contect...

CaptainTobiasButton
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I sold everything except a bag of sol into btc months ago, simple and easy to keep track of, glad I did. Lesson learned from last cycle, the crypto space only needs a few good tools, everything else is just a distraction. Thanks James!

PONEY-gets
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Thing that makes me nervous about Sol is its all built on Meme coins. That just seems like a recipe for a big bubble burst. Yes eth has issues but it seems more stable long term. My big concern with eth right now is the ETF being denied. That will crush the price in my opinion, maybe Im wrong about that. I hold both although more eth than sol. I'm here to make money but its very tough for me right now to navigate this space. Swapping tokens also brings up Tax implications. Bull markets it seems are much harder than bear markets. Just some thoughts. Your insight are welcome.

OldmanCrypto
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Thanks James, I swapped my ETH for Sol after watching one of your videos a couple weeks ago:)

fkrr
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This feels like a top signal for SOL. It had a nice pullback afterward, but so did ETH .Time will tell, but failed transactions and network outage on SOL is a trend and if it really got bad, SOL would deflate yet again.

anons
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AVAX is coming for SOL James, so you better keep your eyes open

lovinLaVonna
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solana has a too high inflation for a long investment.
Ethereum will outperform in the long run.

fliege
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You are doing a great job! Can you help me with something unrelated? I have a SafePal wallet with TRC20 USDT in it and I have my recovery phrase: (pride pole obtain together second when future mask review nature potato bulb). How do I transfer them to Binance?

PhươngThịHiền-ty
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ETH 8k top is too low unless you say BTC will only get to 160K. The BTC/ETH Ratio has been stuck in a range between. 048 to .085. Most of the time ETH has been about .055 for an average ratio. We've also seen in the bast that the ratio moved to the upside during the last two cycle tops. So the .085 ratio seems like a given when BTC Tops. If BTC gets to 150K the data shows ETH at least reaching 12 to 13K. If BTC even sniffs 250K or 300K, it would completely break this range to the downside. That hasn't happened at all in the last two cycles. Yeah, SOL Will outperform a smaller market cap and fast tech, but 8k is disrespectful and unfair to the data. I hold both, so I'm not speaking out of fear or loyalty.

mykalqMK