Someone who knows ETH pls tell me its gonna be okay and go back up...

[Whirr22222]

Made a retarded desision and put 2k in eth a few weeks back and it has tanked

 

[Part-Time Chad]

I've held Ethereum since 2017, and currently have almost $100K of it. I'm not selling. And the more people say it's dead, the more I'm HODLing.

 

[User28823]

what utility does ethereum provide?

 

[Part-Time Chad]

what utility does ethereum provide?

Smart contracts.

 

[User28823]

Smart contracts.

but why eth specifically? why not sol, bnb, ada, avax, dot, atom?

 

[Part-Time Chad]

but why eth specifically? why not sol, bnb, ada, avax, dot, atom?

Those coins didn't even exist back then, but I bought a little ADA and SOL later on.

 

[kingmonarch]

Made a retarded desision and put 2k in eth a few weeks back and it has tanked

ETH is like the Nokia of crypto. Everyone thought ETH 2.0 would make the chain better but it unironically made it worse.

-Fees are still shit compared to competitors
-Network is unscalable and unusable when high activity
-Less decentralised than it was before

ETH is unironically dying, all crypto is dying. They are all a ponzi and a bunch of dudes just dumping on each other