ETH

jekpopulous2

The narrative two cycles ago was alt L1s and they went up like 1000%. Then crashed. The narrative last cycle was DeFi and those tokens went up like 1000%. Then crashed. The narrative this cycle is ETH and RWAs. I’m already up 45% on ENA today because I understand that if Bitcoin continues to push upward RWA tokens will climb like 1000%. Then crash. We have an alt season every single cycle you’re just not following the trends.

Gen8Master

Bitcoin and Eth are the only ones that really matter. ETH moved up too

CashMoneyShades

I stopped trying to time crypto a long time ago. It's completely disconnected form reality and is far more similar to the ebbs and flows of the traditional markets it once promised to shield us from. I still see it as a viable piece of my investment portfolio, though I've trimmed it back to \~20% overall, and have dumped everything except BTC and ETH. For now I'm DCAing bi weekly, which for much of this year was like burning cash.

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Post is by: Odd_Crow4795 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/defi/comments/1vridyd/next_big_thing_for_nfts_nft_trading_with_daos/ Welcome people, today (well last night) marks the official birthday of Obsurfer a NFT marketplace for trading NFTs as part of a DAO. To be a part of the beta comment your interest below! You can find the project at GitHub mouse-trap-1/obsurfer \\\*\\\*But why a DAO?\\\*\\\* Being part of a collective enables you to share the risk in purchasing new NFTs, splitting the cost with fellow members. Together, you make decisions that affect each trade. No one person is responsible for the success of a trade and it takes the majority to win a proposal. \\\*\\\*How do trades happen?\\\*\\\* A token holder may sell an nft on the platform by submitting the details in the app. DAOs then execute proposals that turn into bids. DAOs bid against each other to get you the highest price for the NFT. Buying an NFT is simple. Select a DAO from the list and browse their wares, select on an NFT to buy. \\\*\\\*Minimized Risk, minimized gain?\\\*\\\* Shared risk, shared gain. The profit distribution is calculated based on how many shares you own. You choose how much to invest and in turn receive as profit. \\\*\\\*There must be more to it?\\\*\\\* Your stake in a DAO holds value. You can sell your shares for a price set by you, handy for when the DAO is full and business is booming to make a bit of quick crypto. \\\*\\\*The legal stuff\\\*\\\* Trading carries risk and while the risk is lessened here it still requires you to invest money into something that may or may not give you returns. Trade at your own risk. \\\*\\\*The technical stuff\\\*\\\* This app is a typescript port of a golang desktop app that used key stores for the wallet. For the Beta, private keys are stored in a database that is encrypted client side by a password of your choice. New wallets are automatically created and it’s recommended that you use an auto generated hot wallet instead of importing a private key from an existing wallet. The beta runs on Sepolia so use a Faucet to get sepolia ETH to start trading on the platform. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Shotgun-Eddie

Put in only what you can afford to lose. Stick to the big guns, BTC, ETH, SOL, BNB etc… Use reputable exchange, crypto.com, binance, coinbase Keep most of your investing in stocks and don’t weight it more crypto. If you want a tasty gamble on some shit coin for x100 return - do it with fun money you can spare and expect to lose this. Sometimes it pays off - DOGE and PEPE for me but Ive also lost with bad timing and rug pulls such as Safemoon etc - but it was fun nonetheless.

Mountain-Data-5758

A good rate for WETH -> ETH is 1 to 1. There is no reason for fees on a wrapper token. No liquidity is being swapped. Many apps offer this, I use defisaver.

Mountain-Data-5758

A lot of dapps show WETH as ETH. It's not that uncommon to end up with WETH

quintavious_danilo

Don‘t trade crypto when you don’t even know what coin you’ll be getting, bro. How is it possible that you ended up with WETH instead of native ETH? Simply use an exchange of your choice and swap it back using limit orders. I recommend Kraken Pro, but any reputable exchange will do.

Mr_Footies

It uses ETH as gas. It doesn’t need a coin it’ll make billions on fees.

Fast_Wind5198

[https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp](https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp) Almost every daytrader loses money. Over a long time horizon most of the profitable ones for a short amount of time eventually become unprofitable and lose money. If you're interested in crypto I'd just research the basics of wallets, BTC, ETH etc and start by investing a small percentage of your spare money into the big 2.

Cryptonomicks

You don’t need to swap WETH for ETH. If it’s regular WETH on Ethereum, you can just unwrap it 1:1. You’ll only pay the gas fee, instead of taking the hit from a swap.

oneawesomewave

Are you sure you just wait for the dip? Everyone says so when numbers go up and once numbers go down the same people say they will wait for the bottom. This hasn't changed and will probably go on forever. Meanwhile what happened was foreseeable but not in the crystal ball way some people claim: you need to look at the growth of bets (longs and shorts) that are constantly made: these grow in particular when crypto goes sideways since some people are total doomers and other people become more and more sure that this has been the bottom. Then you just need a very small match that turns downside or upside to cause a cascade of sell-offs. What probably happened was that a minor incident in the US caused people to bet on rising numbers which then lead to increasing prices of shorts (bets on lower prices). People thus had to buy crypto because they were margin called. Lot of these are done automatically so many people lost fortunes in the blink of an eye. What you can learn from these events: don't gamble and don't buy the hype. The prices will correct at some point since there are a lot of longs that can be wiped out the same way leading to the exact same movement downwards and unless you don't understand what's going on it will feel horrible. Also: Many say you should simply buy when everyone else is in fear but in crypto there are many dead horses aside from BTC and ETH where people bought following this "guideline" and eventually everything.

Present_Let2487

Honestly, I’d start with the basics and avoid day trading at first. Learn how BTC/ETH, wallets, exchanges, fees, and market cycles work, then paper trade for a while. The goal at the start should be learning, not making money.

UlysApp

Basically, tokenized stocks put assets like Apple, Nvidia or Tesla onto blockchain rails. That means instead of stocks only living inside a brokerage and trading during market hours, they can potentially be held in a crypto wallet, traded 24/7, swapped directly into BTC/ETH/stablecoins, or even used as collateral in DeFi. The bigger idea is that crypto stops being a separate little financial world. If stocks, treasuries and other real-world assets start moving onchain, you’re bringing a massive amount of new money and liquidity into the same ecosystem crypto already uses. It just makes a lot of sense and the RWA/tokenized stock volume on robinhood chain, hyperliquid, etc..is already booming with little users compared to traditional markets. There's even people launching memecoins and pairing them with stocks so the token is memecoin/NVDA instead of memecoin/ETH for example. And you earn NVDA for holding the coin. It's pretty incredible.

Impossible_Guide_12

1. Don’t go to “buy someone’s class” it’s a bad idea and they usually trade. 2. I like crypto personally but you can’t just buy whatever. Obviously bit coin is good the goat in fact but it’s expensive. 3. Crypto is very volatile one year it’s up 1000 percent next year down 80. I’d recommend learning what they crypto cycle is how it plays off the but coin halving and no buying anything that’s gonna tell you you’ll get rich in a month. Look at BTC ETH SOL etc cryptos that have in turn stocks (etfs) in my opinion will be the “safest”

Due_Contact_8271

If you’re not still buying ETH today and holding till you retire you should stop investing because you’re bad at it

entropydust

Yeah for ETH projects it's my favorite. Also impressed with NuFi.

ModernCYPH3R

**Disclaimer and Educational Notice:** The following analysis is provided strictly for educational, informational, and forensic research purposes. It does not constitute formal legal advice, representation, or counsel. Digital asset transactions and blockchain-related regulatory frameworks are highly complex, rapidly evolving, and subject to varying jurisdictional interpretations. Do not act on any information provided here without first consulting a licensed, qualified attorney in your appropriate jurisdiction. I don't know what jurisdiction or country your friend is in, but the following analysis is based strictly on United States federal law. I'm not an attorney, so they should seek their own professional legal counsel immediately. I do, however, perform professional crypto forensic investigations, and that's where my familiarity with these specific codified statutes and compliance frameworks comes from. It's a classic panic scenario, but your friend has likely walked straight into a massive codified legal trap. There are two primary vectors here, both heavily backed by US federal criminal statutes: **1. The Accidental Money Laundering Mule (Most Likely)** No one sends $2,500 by mistake to a completely random address; the mathematical odds of fat-fingering a valid 40-character hex address and hitting an active wallet are virtually zero. Those funds are highly likely tainted, originating from a DeFi exploit, a compromised exchange account, or a phishing scam. By converting that ETH to cash via a KYC-compliant exchange, your friend has connected their real-world identity to stolen assets. Under the **Anti-Money Laundering Act of 2020 (codified in 31 U.S.C. § 5312)**, digital asset transfers are legally classified as 'value that substitutes for currency' under the Bank Secrecy Act. This means they're bound by the exact same strict compliance mandates as standard bank wire transfers. The moment those tainted funds are traced to your friend's KYC profile, the exchange is legally obligated under **31 U.S.C. § 5330** to execute an immediate asset freeze and file a **Suspicious Activity Report (SAR)**. If your friend claims they 'didn't know' where the funds came from, prosecutors can still charge them under the legal doctrine of **Willful Blindness (18 U.S.C. § 2315)**. The law explicitly treats deliberate ignorance of highly suspicious transactions as equivalent to actual knowledge. **2. The Clean-Cash Refund Trap & OFAC Strict Liability** If your friend tries to be a good citizen and 'sends it back' to the address that requests it, they're effectively laundering the stolen money. They send their own clean ETH to the thief, while keeping the absolute civil and criminal liability for the dirty inbound transfer. Worse, if those original funds came from a blacklisted address or mixer (like Tornado Cash), interacting with them triggers **strict liability** under **OFAC Sanctions Compliance (31 C.F.R. Part 501)**. Under federal sanctions law, strict liability means your friend can be prosecuted and heavily fined even if they had zero illicit intent and it was a complete mistake. Returning the funds to a sanctioned address completes a banned financial transaction. **What they should do immediately:** * **Trace the Hash**: Take the transaction hash and inspect it on Etherscan. See if the sending address has been flagged for phishing, or if the funds came directly from a mixer or a known exploit. * **Don't Move More Funds**: Do not attempt to send any 'refunds' to anyone. * **Isolate the Cash**: Keep that converted fiat entirely separate in a bank account. Do not spend it. When the exchange compliance department flags the transfer, they will lock the account and demand proof of funds. Your friend will need to show they didn't actively participate in the theft. It's a tough spot, but keeping the cash isolated and preparing for an exchange freeze is the only safe move right now.

EducationalHunter100

All of mine have plummeted, without exception. I bought moonshots like ALEPH, ADAM, MATH, SAND, and DOT... ETH might be the only one I have that is still heartbeating.

PJRocks8

It is possible to swap BTC to ETH with [switcher.finance](https://switcher.finance/?p=swap) however, wBTC is custodial. Just select Bitcoin > Ethereum, click and swap. It takes seconds and it's fully decentralized.

Mmatyi

Well, if anyone is planning on dumping some stolen ETH my wallet is open for you.

Fritz1818

What happened? Did the ETH foundation ran out of ETH to sell?

Spoofik

ETH is as solid as a rock and could grow faster than BTC because it has a smaller market cap; you might also want to consider SOL and HYPE for the same reasons. DOGE is a meme coin with zero utility, but if you get lucky, it could also go up, though that’s more like gambling.

AlternativeHunter543

The top comment asks what happens if it dumps now. Worth knowing what the base rates say, and also what they do not say. I pulled every daily candle across 8 majors (BTC, ETH, SOL, XRP, DOGE, BNB, ADA, LINK) that closed +15% or more. 253 instances. The day after: 57.9% closed red, 30.3% worse than -5%. But the mean next-day return was +0.92% against a +0.21% baseline, and the median was -1.51%. Barbell, not a drift. About one in seven ripped another 10%+ and carried the average by itself. Then I tried to get more specific, because that is exactly the setup we are in now: the pump day was followed by a green day. Across the same sample, the second day after that pattern was green only 41.1% of the time (n=107). Nine points below baseline. That looked like a real edge. So I split the history in half and ran each half separately. First half 38.6%, second half 52.6%. The effect reversed. Sample sizes in the second half are small, but a result that flips sign when you cut the data is not a result, it is a coincidence with good marketing. So I do not have a call for today, and that is the honest answer. What I do have is a note about the first number: after a vertical day, red is the modal outcome, but the tail that pays is fat enough to make the average positive. Anyone quoting only one of those two numbers at you is selling something. Method: daily candles, Binance spot, close vs open on the same candle for the pump day, close to close after.

coin_lobster

Personally I'd lean toward ETH today. It's got more active development and the upcoming upgrades tend to draw steady interest, whereas BTC feels a bit range-bound and DOGE is mostly hype-driven.

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Post is by: Salt-Animator-6283 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vtk9s6/after_that_488m_single_liquidation_on_hyperliquid/ CoinGlass data from the last 24 hours showed over 171,000 traders liquidated as BTC broke out toward $70k+, including a single $48.8M BTC short liquidation on Hyperliquid. A lot of traders think they are insulated because they use modest leverage across multiple tickers (BTC, ETH, and high-beta L1s). But when BTC makes an 8–10% impulsive candle and ETH surges nearly 18–20%, cross-margin balances evaporate exponentially fast if your net book beta is skewed in one direction. How do you guys actively monitor and quantify total book risk in real time? * Are you calculating live portfolio VaR (Value at Risk) or beta-weighting your net margin against BTC/ETH? * Do you set hard, non-negotiable auto-deleveraging rules at the sub-account/wallet level rather than relying on per-trade stop-losses? * What specific metric tells you that market leverage is too concentrated to hold size overnight? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

opensandshuts

Interesting to look at bc presumably, the higher the recent gain in the last 24, presumably the more short interest. I see this less as a chart about winning as a chart about where there is considerably doubt in the market. That doubt can be ranked as follows: 1. HYPE 2. STETH/WSTETH 3. ETH 4. XRP 5. XLM Seems investors are betting most heavily against these.

b1mm3rl1f3

My condolences to the ETH bears

SlickNegotiator

Even with ETH (which is highly recommended to pair with BTC). A year ago when BTC hit ATH that was almost double 2021 ATH, ETH also hit ATH, but it was literally few $ above 2021 ATH. So advising just to buy anything because it will move with BTC is probably the worst advice around.

roamingandy

20% for ETH.

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Post is by: move-size123 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vtfkjr/same_volume_as_the_june_crash_opposite_result/ Everyone's hyping the Bitcoin's $2.7B short liquidation on Wednesday but the same $44B volume spike happened June 2-6 too, and back then every single one of those days was red, BTC dropped from 73.5k to 60.8k on that same volume. So the volume number by itself doesn't tell you anything, what matters is buyers actually absorbed the selling this time instead of folding like they did in June. ETH also gained 19.1% against BTC's 11.4% while DOT and LTC barely moved, so this wasn't even a uniform squeeze, some coins had real demand behind them and others just got dragged along. If it cools to $15-18B and price holds above 68k, real buyers are behind this move. If volume craters and price slides back to 64k, it was all mechanical short covering and nobody real showed up. And BTC is still 43% off its all time high with 95.6% of supply already mined, so nothing structural changed today, the shorts just got caught. Full dashboard [Here](https://app.vetros.dev/dash/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJ0eXAiOiJzaGFyZSIsInBpZCI6Ijk1NGY4NWZkIiwiZGFzaCI6ImRfNGYzMmNjOTQiLCJ2ZXIiOjEsImlhdCI6MTc4NzIyMDA3Mn0._GazR7qaI66ASF3vVd7spYCphaKfhl7X8kcqrJLYVd8) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

wallyone123

ETH the hell os going on

MinimalGravitas

Ethereum L1 is being used by literally the biggest financial institutions in the world. Blackrock (biggest asset manager in the world), UBS (biggest wealth manager in the world), JPMorgan (biggest bank in the world by market capitalization), Fidelity (3rd biggest asset manager in the world). They are all tokenizing RWAs on Ethereum, and their CEOs have been explaining at events like Davos this year that they see the future of the financial system as being built onchain. Other mainstream companies like Sony, LG, Deutsche Bank, Robinhood etc have built Ethereum rollups ('L2s' that are secured by and settle to Ethereum). The US oligarchy has signalled yet more support for crypto in general, and so people who have been paying attention realize that long term that means ETH is going to be an increasingly important part of the financial system.

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Post is by: Salt-Animator-6283 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vteft5/nearly_27b_in_shorts_wiped_in_24h_as_btc_hit_70k/ Seeing over $2.7B in short liquidations get shredded in 24 hours while BTC punched straight from the $64k consolidation toward $70k (and ETH ripped 20%+) is a brutal reminder of how violent upside cascades are. When long cascades happen, prices usually bleed into bid support. But during a violent short squeeze, thin ask books and forced market buys create a self-reinforcing vertical vacuum. Even modest 3x–5x short hedges or mean-reversion swings got blown through their invalidation levels with massive slippage before anyone could manually adjust. For those of you running systematic books or active perp hedges: 1. How do you prevent short-side stops from compounding the squeeze when open interest is heavily stacked overhead?  2. Do you use dynamic delta scaling based on liquidation heatmaps, or shift entirely to synthetic options collars (calls/puts) to cap tail risk?  3. What is your mechanical rule for cutting a hedge before it turns into an account-draining liability? Genuinely looking to learn how non-retail desks structure risk when the market decides to wipe billions in hours. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Orin_n

I made some nice gains with UNI yesterday, I think it'd be somewhere at the top of the list too. Real talk, it doesn't matter if you buy BTC or ETH, or any other altcoin. You'd literally be buying the BTC movement regardless, so there is no 'risk' per se.

Impossible-Buyer6389

100% agree with you. BTC should be majority of your portfolio If you want to risk it buy some ETH and things inside top 10. Small amount inside top 20. Ps: Love that youre using CoinTrends. Respect

SexyBeast828

technically could return it to the sender address on the blockchain but would it be worth?, if its an exchange wallet, theyll take it finders keepers lol. I think i have gotten some too but nothing like ETH at 2.5k. Could be lucky too some random projects give raffles if theyve transacted on certain dex or projects or whatnot. Finders keepers most would say, return it, donate it forward, youve already cashed it so not much to do

AlternativeHunter543

Since the top comment is asking whether this is a bull trap, here's what the base rates actually say. I pulled every day across 8 majors (BTC, ETH, SOL, XRP, DOGE, BNB, ADA, LINK) where the coin closed up 15% or more on the day. 253 instances. Then I looked at the following day. 57.9% of those next days closed red. 30.3% closed more than 5% down. 13.8% closed more than 10% down. But the average next-day return is +0.92%, comfortably above the +0.21% baseline for a random day. Both of those are true at once, and that is the whole point. The median next day is -1.51% while the mean is positive, because 14.6% of the time the thing rips another 10%+ and drags the average up by itself. The distribution is barbell shaped, not centered. So "is it a bull trap" is the wrong shape of question. Most days after a big pump are red, and the ones that aren't are occasionally enormous. If you size for the average you get run over by the median. If you size for the median you miss the tail that pays. Method: daily candles, Binance spot, up day measured close vs open on the same candle. Happy to be told this breaks somewhere I didn't test.

Big_Papi_34

I’m having this same issue. Did you find a fix? I can’t unwrap the ETH because I have no ETH left in the wallet for gas because it’s all automatically getting wrapped.

TwitchScrubing

With the bump up I wanted to get a new headset or in ears, anyone got any recommendations? Been staking ETH so figured I'd swap it out. These are just amazon links from a website and I didn't want the links hella long lmao [https://howl.link/4xbkt1ongz5s2](https://howl.link/4xbkt1ongz5s2) (inears) [https://howl.link/usfbax1bog56y](https://howl.link/usfbax1bog56y) (inears) [https://howl.link/edf2cqv8f41th](https://howl.link/edf2cqv8f41th) (purples) [https://howl.link/8d01i8uw3ccpl](https://howl.link/8d01i8uw3ccpl) (h6) [https://howl.link/1loqculk5oyiy](https://howl.link/1loqculk5oyiy) (h9) [https://howl.link/1rltqxnxiq7uh](https://howl.link/1rltqxnxiq7uh) (h9) dunno if it's better to just run a mixer + pre amp + goxlr mic or just do it for casual gaming, not sure if the crypto bros know what's up on audio

HoldCtrlW

Easy short on ETH target $2150

Glittering_Pick_9738

But seriously 20% up in a single day for an asset as big as ETH is sick.

Glittering_Pick_9738

Geez, what happened to ETH? I am convinced it's pumping so hard because I don't have it anymore in my portfolio. Bought some SOL and BNB on the way down though.

GodBlessPigs

Wow, ETH just had an enormous green candle.

Ill-Sandwich-7703

Wtf ETH

DesertDissident

You're missing the point. Without a specified currency, it's ambiguous. “2.5k worth” of what... Pounds? Euros? Yen? USD? The OP could've just said 1.3 ETH or whatever it was.

TestingYEEEET

You have 10ETH+ and 0% staked?

throwaway291919919

it literally says “2.5k worth” of ETH in the title

5150sick

I guess today is not "free 2.5k worth of ETH day" because I checked and didn't receive my free ETH drop.

apathy420

No sir, do not send it here. This is a common scam! Your ETH came from a person that attached a wirus to the coin. I can help you sir. My name is Chris Jones and I am the CEO of ETH out here in California. Kindly provide me the key to the wallet and I will gladly clear up this problem for you. As a bonus, we will provide you one years of wirus protection and remote monitoring of your accounts.

Playful_Safe8796

A 4.7% difference on a swap that size is definitely worth investigating. I’d compare the full quote across a few non custodial exchanges before swapping again, including the final amount after fees and slippage. StealthEX is one option you could check for an ETH to USDT quote.

KinnerdtheWizard

It is not fast enough to satisfy any real world need. If it isn’t basically instant, then it isn’t real world ready. Solana can do more transactions than the VISA network, sends instantly, cost practically nothing to use and can build all the same “utility” projects. ETH is gonna be left in the dust.

azjerrylee

Unforunately the condition has advanced beyond our means. I am the mortician attending to the Goldfishes services, you can forward that ETH to me.

Elendron

That's for ETH bro <3

99999999999999999989

I am The Most Honorable Barrister McJones of England. I am the legal and true representative for the entire royal family and surely, in the Holy Name of God the ETH must needs to be sent to me so that I may distribute it according the the will of Mr. Edwin P. Hollingsworth, a multimillionaire who was tragically killed in an airplane crash last year.

debian_miner

Can't and won't are notably different. ETH has had a rollback once before. It required forking the chain, but the precedent is it can be done if you own a large enough portion of the total ETH supply when you get hacked.

Alatarlhun

An 8% ETH pump gets everyone high.

Genurawr

I'm not sure how we got from ETH to Jesus as I'm high AF but I love it 😂

f3lixtb

That is weird for a dusting attack :p are you sure it’s real ETH?

PerfectPineapple49

My man wouldn't be posting here if he had gotten 2.5k ETH

invicta-uk

Are you dense or have you never used the ETH blockchain? You can send a message as HEX data in an ETH transaction that can be read a ASCII with a blockchain explorer. Why make this stupid comment? They know the sender address so you can send a message back to that…

PeaceAgitated1978

Fastest, yes, but ETH is already fast enough to satisfy every needs of humans. Plus he got 80% of all real utility projects built in his layer's 2+.. follow the money you know.. degens go to Sol, institutions will go to ETH for the deFi. The real value behind the ETH coin that is programmable.

willBthrown2

> I’d send a message to the sender 🤣 What if the sender doesn't have reading skill like you? "They've no idea where it came from" Good luck trying to send a message to a random ETH address.

invicta-uk

I’d send a message to the sender and tell them to get in touch, leaving the ETH alone with no movement in the meantime. I certainly wouldn’t cash it out and expect no consequences. The blockchain can’t be rolled back but he presumably cashed it out through a traceable exchange.

ExpertFormal

Mainnet should be less than a cent to send ETH from eoa to eoa right now.

BradSnow95

2.5k (USD) worth of ETH

HoldCtrlW

Ugh I got liquidated again. I guess I'll go back to [r/wallstreetbets](https://www.reddit.com/r/wallstreetbets/) because I had more luck with shorting AI stocks than ETH.

HoldCtrlW

Ugh I got liquidated again. I guess I'll go back to r/wallstreetbets because I had more luck with shorting AI stocks than ETH.

LTP-N

RIP u/HoldCtrlW who's ETH liquidation price was $2,030 and his dusky comments saying ETH was guaranteed to go under $1,500

LTP-N

Current price: $2,013 u/HoldCtrlW 's ETH liquidation price: $2,030

Slade_Duelyst

yeah somehow someone had his address and sent it there, or an automated system from one of the sites he uses messed up. You might be able to track where the ETH came from and see.

MrAl290

ETH going to melt faces

SnideyM

Just found this after a little digging, copy/pasting someone's comment on another thread about a year ago: **\[Response: How Do Hard Forks Work for Cryptocurrency on a Ledger?\]** Hey [u/AnonymousReddit0r995](https://www.reddit.com/user/AnonymousReddit0r995/)! Great question about how hard forks work with ETH and BTC on your Ledger, especially since you’re a casual user wondering about long-term storage and tax implications. I’ll break it down clearly based on the latest 2025 info. #LedgerSupport # 1. How Hard Forks Work on Ledger When a cryptocurrency like ETH or BTC forks (e.g., ETH to ETH Classic in 2016, or BTC to Bitcoin Cash in 2017), it creates a new blockchain with a split from the original. If you hold these on a Ledger during a fork: * **Automatic Split**: Your Ledger stores the private keys, and the new forked coin is technically yours based on your balance at the snapshot block. However, Ledger doesn’t automatically display or manage these new coins—you need to take action. * **Ledger’s Role**: Ledger supports major coins (ETH, BTC) natively, but forked assets (e.g., BCH, ETC) require manual updates or third-party wallet integration. The device itself holds the keys; the Ledger Live app needs to be updated to recognize the fork. # 2. Do You Get the Forked Coins Automatically? No, they don’t just “appear” in your wallet. Here’s why: * **Update Required**: Ledger waits for the community or fork developers to release a compatible app or integration. For example, after the BTC/BCH fork, Ledger added BCH support in Ledger Live v1.4.0 (2017). You’d need to install the forked coin’s app (e.g., Bitcoin Cash app) via Ledger Live’s Manager. * **Claim Process**: Some forks (e.g., Bitcoin SV) require claiming via a third-party wallet (like Electron Cash) using your Ledger’s recovery phrase. This involves exporting your public address and following fork-specific instructions—check the official fork website. * **Your Case**: Since you’ve never gotten anything, it’s likely no major forks (e.g., ETH 2.0 merge wasn’t a fork) hit your holdings, or you missed the update window. Past forks like ETC or BCH had 6-12 month claim periods. # 3. Long-Term Storage Implications * **Safety**: Your coins are safe on Ledger as long as your 24-word recovery phrase is secure. Forks don’t affect the original coins unless you move them. * **Action Needed**: If a fork happens, monitor crypto news (e.g., CoinDesk, X) and Ledger’s blog (ledger.com/blog). Unclaimed forks can lose value over time—e.g., Bitcoin Gold dropped 90% post-2017. * **2025 Note**: Ledger’s latest firmware (2.5.0) improves multi-coin support, but manual claiming is still standard for forks. # 4. Tax Reporting: Have You Overlooked Fork Income? Yes, you might have, and it’s a common oversight for casual users. In many countries (e.g., US, UK): * **Taxable Event**: Receiving forked coins is considered income based on their market value at the snapshot time. For example, if BCH was $300 during the 2017 fork, that’s your taxable amount. * **Reporting**: You’d report this on your taxes (e.g., IRS Form 8949 in the US) even if unclaimed. Since you didn’t know, check past fork dates (e.g., BCH: Aug 1, 2017; ETC: Jul 20, 2016) and their values then. Consult a tax pro—tools like Koinly can help reconstruct. * **Ledger’s Stance**: They don’t notify you of tax obligations; it’s on you to track. # 5. What to Do Now * **Check Fork History**: Look up ETH/BTC forks since you bought (e.g., BCH, BSV, ETC) on blockchain explorers (blockchair.com) using your public address. * **Update Ledger Live**: Ensure you’re on the latest version (v2.58.0, 2025) and install any missing fork apps. * **Secure Your Phrase**: Test your 24-word recovery on a new device to confirm access—don’t risk losing unclaimed forks. * **Tax Prep**: Review 2016-2025 for forks and amend past returns if needed. You’re not alone in this confusion—forks can be tricky! Did you buy during a known fork period? Let’s figure it out together! #LedgerForks *Edit: Generic links as placeholders; data reflects 2025 trends. Not financial or tax advice, just guidance!* !

HoldCtrlW

Looks like another hard rejection at $1900 for ETH. Still waiting for $1750 retest

tom_murray_nw

I don't think there's anything wrong with trading Bitcoin if that fits your strategy. Different assets can have different jobs. For me BTC and ETH are long-term holdings, but I wouldn't pretend the smaller positions have the same level of conviction behind them.

tom_murray_nw

That's pretty much how I look at it too. BTC and ETH are the core holdings, then the smaller positions have a completely different job. Do you keep crypto as its own allocation within a wider portfolio as well, or is crypto your main focus?

AlternativeHunter543

Tangent on the "structure doesn't care" part, since it's something I measured recently instead of assuming. I took 9,000 hourly ETH candles (about 375 days) and grouped every candle by hour of day. Average absolute move per candle is nowhere near flat: loudest hour (14:00-15:00 UTC) 0.66%, quietest hour (10:00 UTC) 0.31%. That's 2.11x between them. Same test on the others: BTC 2.09x, SOL 2.04x, XRP 1.94x. The absolute volatility of those four is wildly different, but the ratio between their loudest and quietest hour is almost identical, which suggests it isn't a property of the coin. It's the same participants showing up and leaving at the same times. Where it bites on structure reads: a level tested at 10:00 UTC is being tested by roughly half the activity of one tested at 14:00 UTC. It can look respected on the chart and just be a thin sample. Same line, very different amount of evidence behind it. I split the year in half and re-ran it on each half separately before believing it, and the two loudest hours held in both halves.

UnknownEssence

funny story. i bought ETH in like 2018 or some shit and it went to 1400 and then down to 85. I was down like 95% . Kept holding for years it actually came back up

fuenfsiebenneun

i sold everything at around 100-110k in january 2025. every single bit. BTC and ETH from 2018 and onwards aswell as SOL from around 2022 i think. always kept DCA‘ing until 2024. i kind of lost the conviction of this space and sold it all. put everything into index funds. and a bit into pokémon cards for the lulz. it has been liberating. letting all that shit go was actually freeing as fuck. not worrying anymore about wallets, exchanges, hacks, suspicious links, you name it. just boring index funds. i love it.

arveena

That's just such a troll post. If you really would be in the game for the last 10 years you would be in the green unless you dont own any BTC or even ETH. So i call BS. You probably bought high if you are 90% down in the last bull and are now crying.

JimmySki6166

Put it all in BTC! ETH & SOL have dropped the past year or so, ETH was over 4k and Sol was close to $275. Look at them now.

Somening

Where do i read about BTC/ETH and alt coins ?

Johnny_cross8

£20/month is plenty to start. I’d keep it simple — BTC/ETH, learn how wallets, fees and volatility work, and ignore the “100x” hype. Treat the £20 as tuition while you learn..

Gears6

> c) I think the costs aren't really small, they're just incorporated into the price. Often charged to the business which eats up profits which incentives the business to raise prices. For example, if you're selling your goods at a 20% margin and paying 3% in fees (on revenue) that's like 18% of your profit. I should clarify that it is negligible compared to the benefit of increased purchases. Cash makes people less likely to buy and they can always pay it "later". As a former business operator that dealt with a lot of that, it's not negligable and we by par prefer people pay with debit cards or even cash (despite the handling). > Also for the "sent and done" property. I don't think there's anything stopping networks from building this into a network. But I guess it either hasn't been asked for or networks that have built this haven't succeeded. It's a double edged sword for businesses too. It's not a technical challenge, but a business and operations challenge. Somebody has to decide if it's okay to cancel transactions. The whole idea of crypto is, nobody is in charge of that. So to implement something like that, we're suddenly no different than the existing systems ruled by the banks. It also means, the government can demand payments be stopped. > So definitely some pros and cons but the credit card model seems to be working pretty well in general. It works out of a necessity to strike the balance between convenience, oversight and profit for the middle men. For people like me, we take advantage of it, and try to profit by maximizing our cashback. The system doesn't care, it charges everyone else a high interest. Which to me at least means, everyone else is paying more than me. > It's a huge risk, not just for crypto. Agreed. It's also a relatively small risk right now, but who knows with AI. We're having huge breakthroughs in science and mathematics due to AI. > There's a ton of pros and cons for and against crypto but it hasn't proven itself as a global payments system i.e. It hasn't replaced Mastercard and Visa. It's great in third world countries. But that's mainly an access thing, rather than because it's a better technology. It likely never will replace MSC/VSA by the simple nature that the value addition that MSC/VSA adds is the real secret sauce of why consumers use them. It's not that it's electronic payments, because let's face it, there's debit cards with a PIN which is quite common in Europe. In fact, I rarely saw credit card transactions in my businesses. It was always, slip the card in, type in your pin and a receipt pops out approving it. Basically, crypto can't be a global payment system until there's some layer on top that solves the business and operational problems that MSC/VSA and the banks have solved. Until then, it's better as a money store and digital gold for those investing. > but I don't think it's necessary in their interest to make crypto payments better than Fiat payments. I think they're more just riding the wave. We'd probably need some big names like that to build more tech for crypto payments to gain more trust and adoption. Anything that tries to solve those issues, likely will need the same operational and business processes that MSC/VSA and banks have. Essentially we're back at the current system. The other aspect is the high cost (or should I say energy usage) of operating BTC. It's still a huge factor and yes, there are other crypto that is based on proof of stake that solves that, but we're in BTC sub. 😜 From a practical standpoint, I believe ETH is much better suited.

Pyroll2206

You are saying you are investing in xrp. I went out of xrp to abswer your question. Otherwise BTC ETH Sol, some rest of others like tron but meaningless

RealAndroid_18

Oh sorry brother! English is not my native language, however, you did understood me very well, right? That is because even thought my english is not perfect, I can perfectly communicate in this language with people like you that only speaks one language... sorry about that :) 2 -> Yeah, Gas fees is for ETH, and btc has BTC fees/transaction fees... same thing, different name. What is your point, dude? You remind me of that meme: "Sorry about grammar, English is not my native tongue! You speak english because that is the only language you know, I speak english because that is the only language that YOU know..." lol

Timely-Fig2030

A max supply is not necessary if features of a deflationary mechanism is implemented, which ETH has through EIP-1559. Dogecoin has nothing to stop it from increasing, because it's trash.

AutoModerator

Post is by: Somening and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vrmqx6/first_time_investing/ I want to invest €650 which coins should i buy ? I was thinking €350 BTC, €150 ETH, €100 SOL, € €50 XRP. Is this a good investment, if not what should i change ? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

KrunchyKushKing

ETH also doesn't have a max supply is it shit now too?

spencerocean

I have the exact same strategy as you. BTC and ETH are long term holds. I don’t flinch no matter where the price goes. All other cryptos are speculative trades that I will happily swing trade

Romanizer

BTC is a long-term play. ETH is questionable as the projects supporting are mainly based on throughput, not store of value. Everything else just exists to wait for a pump and sell, here's where you need inside information for an edge.

hodler1992

With only $500 I would tbh not bet on major ones like BTC or ETH. Buy Hyperliquid or Solana instead - those both with outperform of that I'm sure. BTC and ETH is safe play but I guess the outcome of both with such small investment would be neglectable.

MCL-Jonathan

For a first crypto portfolio, I’d personally make **Bitcoin the clear majority**. I’ve been through multiple cycles, makes perfect sense to have higher Bitcoin allocation, otherwise holding anything else you will round trip. Allocate something like: **70–80% BTC** **10–15% ETH** **5–10% SOL** **0% XRP / SUI for me** Why heavier Bitcoin? Because it has the strongest track record, deepest liquidity, clearest market cycle, and the lowest chance of simply disappearing versus smaller crypto assets. I’d also split BTC into two bags: **1)HODL bag** \- long-term, ideally untouched. **2) Swing bag** \- accumulate during the bear market, take profit near the next major cycle top. For ETH/SOL or any other altcoins, I’d treat them differently: **I would plan to sell most or all near the next Bitcoin cycle top and rotate profits back into BTC or cash.** And with Bitcoin still in a bear-market zone, I’d personally be buying more now through DCA rather than waiting for everything to feel bullish again. Good luck 🍀 [Bitcoin Bear Market DCA Playbook](https://youtu.be/JXvr49ECTuo)

ForeverInYourFavor

How's the value store component going? > as with any money, the adoption timeline is first people using it as a store of value Is it? Says who? I thought money evolved as a better way to facilitate trade. Being able to buy things rapidly is perhaps the #1 feature a currency needs in today's world. Cryptocurrency in general had promise. Perhaps has. But the environmental damage caused by mining is unforgiveable, and BTC is never going to reach mass adoption. Funny thing is that 7 years ago I could buy my lunch in London with ETH. Now no-one outside of a niche even knows what it is. Crypto is a sinking ship. I don't see any comeback from here.

MinimalGravitas

There are plenty of legitimate ways to donate to public goods onchain, but I don't think any memecoins would be included in the list. Gitcoin, Giveth and Octant are all platforms I've used in the past and continue to trust. They all work in different ways and are worth learning about from a perspective of interesting tech solutions to democratizing funding what matters, even if you don't plan on using them yourself. I don't really see why making a charitable donation through part of the fees for a memecoin makes sense, compared with just donating all that you want to give, it seems unnecessarily convoluted, and there is clearly a risk of the creator just keeping everything. Lots of people in crypto are pretty generous. Gitcoin alone has had 5 million donations, from 270,000 people through its quadratic funding rounds, totalling over $60 million. Crypto users also donated a pretty huge amount to Ukraine when Russia invaded, about $29M in ETH, almost $23M in BTC, and roughly $12M in USDT, though that was mostly direct donations rather than through any particular smart-contract platform.

PureCod9290

Death doesn't necessarily mean quick death. Look at the returns of any coin past 5 years. Very few winners, ETH down bad and BTC losing to inflation. It's ridiculous to think some use case is gonna emerge 15 years later. It's all just speculation that requires someone else paying more later. It's a house of cards

Traditional_Most105

In every bear period people said crypto is dead because of different reasons. What if BTC strengthening, new regulations that make scam coins fall, and a few of the top 50 alts fight for ETH position and prove to be useful? But then again it's just speculation. 15+ years and crypto still being around with people still investing in bear markets then it means there's speculation. And maybe there might be future usage also that we don't know. Or there might be another new technology in the future that replaces crypto. So again it's just speculation. So the point is nobody knows what will happen but what i see is that there's speculation. Cycles might take longer now, or even broken and something else will start happening. So in the end if you believe crypto is dead, it is dead, if not then you believe you could make profit and that's why you speculate and throw money in it... The whole post is just speculation so you can't actually prove crypto is dead as people in past bear periods couldn't prove it either... you can only prove to yourself that crypto is dead and not worth throwing your money in for a possible profit.

TheresNoSecondBest

>Why aren't satoshi's early mining efforts considered "premining? Permining is when a scammer, let's call him Vitalik, for example, creates 72,009,995 ETH in the Genesis block, before letting anyone else to compete with their hashrate. >Presumably He mined most of the first million BTC unopposed That's not true. I believe Dustin mentioned [in this podcast](https://stephanlivera.com/episode/314/) how the first node (possibly Satoshi) was waiting for another node before it started mining. And even if Satoshi wouldn't wait, there still was competition from other users. Half I believe tweeted his legendary" Running Bitcoin" about a week since the network started. So have many others. Some turned the mining off, some believed in the network or wanted to support it and kept mining. One way or another, Satoshi was competing with other users/miners, burning his energy that was more costly than the mined coins generated.

GesturalAbstraction

You seem to be new to crypto. Crypto is currently in a winter cycle, which is why token value is low. Crypto has 4.5 year cycles that coincide with BTC’s halving events. The last halving event was about two years ago, and the major run up for the crypto space usually takes place about a year afterward (last year). Following that year is a “crypto winter” which is what we’re in the middle of right now - everything slumps. If you’re smart this is a great time to start accumulating for the next bull cycle (probably about 2-3 more years). Alt coins are doing terribly and may not meaningfully recover. However BTC and ETH are still relevant - BTC as a long time store of value with programmed scarcity, and ETH network being quietly used to build the infrastructure layer for RWT. Good luck and have fun

Harfatum

One of my favorite products in crypto is Alchemix - either take self-repaying loans on your ETH or USDC collateral, or get paid (currently excellent) rates on fixed duration bonds that back the other side of the liquidity on the loans. Fully non-liquidatable except in the rare case of the underlying vault taking losses.