ETH

LarryStink

I have never owned it. My long term buy and hold account is 70% cash with a small exposure to ETH etfs hedged by puts on the same etf, SQQQ for swinging this selloff, TLT for the dividend and eventual rates falling with deterioration of the economy and flight to safety, INTC for grandma (it's a small position for a yolo) and I just recently sold my MP which I wish I still held. 

Taraih

Gas and conversion fees are massive? Maybe stop using garbage like ETH

Adventurous-Bet-9640

I see 2 risks for MA and V. Even if V and MA support stablecoins, if Amazon routes payments directly from consumer wallets to merchant wallets via SOL or ETH, it bypasses their network entirely. Crypto rails = no need for card rails Secondly, sablecoins give Amazon and Walmart total visibility into consumer spending patterns without giving Visa and Mastercard a cut. Their margins 2–3% per transaction can’t compete with sub-penny blockchain fees(SOL). They may still monetize crypto but not at the same scale and dominance as today. If the largest merchants in the world move to own rails and issue stablecoins directly on public blockchains, the core Visa/Mastercard business model is structurally eroded. This is bullish for Sol and eth (the new rails) and bearish long-term for v and ma (even if they survive in a smaller, niche role). It's not about them doing nothing. It’s about the world moving where their moat doesn't hold.

jasperCrow

Hmmm I would think this would pump ETH. Unless banks are wanting to make their own rails/blockchains to use.

Adventurous-Bet-9640

I see 2 risks for MA and V. Even if V and MA support stablecoins, if Amazon routes payments directly from consumer wallets to merchant wallets via SOL or ETH, it bypasses their network entirely. Crypto rails = no need for card rails Secondly, sablecoins give Amazon and Walmart total visibility into consumer spending patterns without giving Visa and Mastercard a cut. Their margins 2–3% per transaction can’t compete with sub-penny blockchain fees(SOL). They may still monetize crypto but not at the same scale and dominance as today. If the largest merchants in the world move to own rails and issue stablecoins directly on public blockchains, the core Visa/Mastercard business model is structurally eroded. This is bullish for Sol and eth (the new rails) and bearish long-term for v and ma (even if they survive in a smaller, niche role). It's not about them doing nothing. It’s about the world moving where their moat doesn't hold.

eviljordan

The ticker is ETH

wow247897

might as well buy ETH at this point

ksunk8

I bought in at 10.25 yesterday so I am still green. If it goes above 11 again I might dip. With the ETH deal, it should bounce back up to at least 12. 10 is cheappppp

ksunk8

Morning all! What are the moves today?! Crazy day I feel like. Im also convinced SBET is gonna rebound lol, huge ETH deal

IntrepidFarmer5666

So you want a fucking lottery ticket? SBET dumped 70% and is ETH version of MSTR Scooped up 2k shares in my Roth with and ETHD chaser for the hedge 

Feeling-Instance3149

Among other news: "SharpLink Gaming(SBET), a Nasdaq-listed company that is pursuing an ether ETH treasury strategy, tumbled 70% on Thursday in after-hours trading following a fresh filing to theU.S. Securities and Exchange Commission. The company submitted an S-3ASR registration statement, enabling the resale of up to 58,699,760 shares related to its private investment in public equity (PIPE) financing. The Thursday filing allows more than 100 shareholders in the PIPE round to sell their shares, effectively flooding the market and triggering a post-close sell-off,Charles Allen, CEO ofBTCS(BTCS), a publicly-traded firm that's pursuing crypto reserve strategy, explained in an X post and an interview with CoinDesk. The company raised$450 millionearlier this month through a PIPE round from a wide range of investors, including ConsenSys, Galaxy, and Pantera Capital, to acquire ETH for its treasury. Ethereum co-founder and ConsenSys CEOJoseph Lubinalso joined the firm as board chairman. However, there may be a larger strategy behind the latest move. Allen said in an X post that he thinks the company may have quietly raised up to$1 billionto buy more ETH using an at-the-market (ATM) offering that was previously announced in aMay 30SECfiling. "If they played cards right, they would expect a surprise PR tomorrow with$1Bof ETH purchases, which could light the match to reignite the stock," he said. ETH is down 4.1% over the past 24 hours at around$2,650as bitcoin and the broader crypto markets slid."

Slow_Variation_6969

Puts on ETH

SnowySkies8

Just gotta hope an ETH bounce higher doesn't cuck you. Hopefully a panic sell at the open rips everything lower.

RandomRedditor5689

Pricing ETHU options seems to be roughly inline with ETH options ... bear in mind 1 share of ETHU is about 5.6 shares of ETH.

wokuhambasj

This guy is probably sitting on a few mill. Most things they've touched so far, like GOOGL, ETH, HIMS doubled if you look at their post history. This is just spare change to them

n0t_always

First, open your browser and go to http://network.whiterock.fi/contribute?code=ELONMUSK Once you're on the site, head to the menu icon on the top right of the page. Click on Fair Launch from the menu. Here, you’ll see the section where you can contribute to the fair launch. You can contribute using either $WHITE or $ETH. If you're contributing with $WHITE, make sure you have a small amount of $ETH in your wallet to cover gas fees. Before clicking contribute, enter the referral code: ELONMUSK to receive a 5% bonus in tokens. Now, go ahead and click Contribute. That’s it After contributing, you can create your own referral link to invite your friends. You’ll earn a 30% commission bonus, and get an additional 10% from their referrals Start contributing today at network.whiterock.fi and be a part of the Whiterock revolution. Don’t forget to use the code ELONMUSK

The_Nekrodahmus

Trade the money for ETH, spend that on gold, use the gold to buy SPY, sell that to buy DOGE, then if you have any money left, get a 6 piece spicy chicken nugget from Wendy's.

swishmilnet

Whats the address for PI, BTC, ETH ??

HaveTwoBananas

What's going on with ETH

Mother-Chipmunk2778

lol ETH doesn’t do shit

Trippp2001

I blame a lot of things on this dipshit. The price of crypto isn’t one of them - especially not ETH.

salazar13

If your bets were that accurate you wouldn’t have been sitting on ETH this long wasting time. Even IF ETH soared in the future, you should’ve been doing something else with your money and THEN switched to ETH. Clearly you’re just gambling

Ikeelu

I used to be a fan of ETH, I no longer see a path for it forward unfortunately. Yes it still holds the #2 spot for market cap, but there are better horses now, granted the risk for any of those is a ticking time bomb.

medicsansgarantee

Time to bank that win and rotate smart. Sell 80% of your gold, keep 20% as a long-term hedge. Put the cash into: 50% high-yield savings; 30% short-term T-bills; 20% TIPS. This preserves gains and earns steady income. Then just watch the market for opportunities. If you want, add 5% crypto (like ETH) on dips — preferably ones you can stack. It’s volatile and high risk, so keep it small. Your T-bill coupons can cover or soften any losses, letting you ride things out without panic selling.

Classic-Finish-7433

Bearish on SPY until it passes my 811 FICO score. Dumped all my ETH and PEPE this week for 0 gains after being up 10k

Mr-FD

Read the rules BTC and ETH only. Shitcoins go in another much shittier community

TheSn00pster

$ETH

Exciting_Ad_7259

When is wsb going to discover sharplink gaming and how little of the float is traded. Branding itself as the microstrategy of ETH 😜

SZJX

lol ETH (and corn) finally dying. Not looking good for the market sentiment!

jefbe80

Position on TGL 500 shares maybe add The news from yesterday June 04, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, today announced the launch of a US$100 million digital asset treasury initiative as a part of a broader strategy to reinforce its digital infrastructure and support the forthcoming launch of its AI-powered consumer intelligence platform in the third quarter of 2025. The treasury initiative is backed by two capital sources: -- US$50 million from an existing equity financing agreement. -- US$50 million secured through a new institutional commitment from a strategic funding partner. The strategy enables Treasure Global to pursue a phased acquisition of select blockchain-native assets, including Bitcoin (BTC), Ethereum (ETH), and regulated stablecoins, subject to capital availability and market conditions. While the funding facility has not yet been fully drawn, the Company may file additional registration statements in due course to support continued drawdowns as needed. Designed to optimize treasury efficiency and establish a foundation for future tokenization, loyalty programs, and blockchain-based settlement infrastructure, this capital deployment positions Treasure Global as: -- A Nasdaq-listed pioneer in Southeast Asia, integrating AI, retail analytics, and digital asset technologies into a unified consumer platform. -- A company with infrastructure readiness to capitalize on emerging trends in data-driven commerce and blockchain-based financial tools. -- A potential magnet for ETF and institutional capital flows targeting AI-native, blockchain-integrated platforms. Q3 Platform Launch: AI-Powered Real-Time Consumer Review Engine

Separate_Fold5168

Lemme tell you about this cool way you can buy the rights to owning those pictures of emotes using ETH 😉

ryencool

Do people not actually research? SBET is buying up Ethereum, using the same exact model as Microstrategy uses with bitcoin. Have you looked at MSTR, and how it's graph started, and how it's done over the past 6-12 months? This is a HUGE risk but SBET could end up doing something very similar, but with ETH. It's all scammy, it's all a ponzi scheme just like most crypto and lots of stocks/investments are. I bought 50 shares, and it's something I'll sit on for a year then reevauluate, it's all money I can afford to lose. I'd like not to, but that's not how this game goes. It could go up to thousands a share, split, keep going up, or it could plummet to whatever there ETH balance is worth, who knows.

Such_Region2724

ETH keeps doing the funniest thing

CardinalNumber

That's not your returns, it's ETH's from midnight.

ml-pedant

Canary PENGU ETF - the Trust will invest in a portfolio consisting primarily of (1) PENGU, the official token on the Pudgy Penguins project, and (2) Pudgy Penguins non-fungible tokens ("NFTs"). The Trust will also hold other digital assets, such as SOL and ETH, that are necessary or incidental to the purchase, sale and transfer of the Trust's PENGU and Pudgy Penguins NFTs.

Mother-Chipmunk2778

Lol compare them both to their ATHs, ETH is so far off it’s. Idk when you bought tho

CDulst

I made an insane amount (250%) profit on the XRP I was holding last year, but I sold it all to put into my first apartment I just bought recently. I want to be more secure long term by just focusing on bitcoin which is the one coin I think is certain to run up every 4 years, but I do believe ETH might be a sleeper agent like XRP was so I'm a bit tempted to go for it...

Rnee45

Remove gold. I'd probably move it's 10% to another 5% to BTC (25% total) and 2.5% ETH, 2.5% SOL.

RaikouVsHaiku

Wow, ETH absolutely RIPPING. Over 50% of the way to its ATH 

Mother-Chipmunk2778

Probably ETH

Ambitious-Bit3507

What company do you see going up 50% or more this year? Sold my ETH position for 50% profit

Sazza12

The only way I make money this year is if we pump ETH 

InterestingStress122

I missed 1st gen crypo (Bitcoin). I swapped all my 2nd gen crypto (ETH) for the next gen - HBAR

8barzaddiction

One more thought. Lubin has 425 Mil in ETH. He's going to make sure that is not only protected but has massive growth. So if this somehow goes way down. I'll jump in with some more 

8barzaddiction

No it's real. I sold at $100. Do your research bi kept half my shares for play money to just see. Co founder of etherium is heavily involved with seven huge venture capitalist groups who all believe in the co founder of eth who now by the way, sit as chairman fo the board. Latest release in Forbes states they're buying an additional billion in ETH for this treasury. It's a proxy now. Great idea. And they likely are building a front facing sports book online. Not just their IP which is used worldwide 

BVVanceRefrigeration

Imagine being an ETH maxi. Shit will not move despite BTC running for 3 years

wallstreetbets-ModTeam

At the request of our members, we've started allowing some bets on BTC and ETH, but take your shitcoins to one of the 8000 crypto subs.

LabyrinthLayers

I keep seeing bullshit about ETH. Rip it

OopsSorryUgh

Sold my ETH position at $25 and 25.15

Warmake

What's crazy is that volume was at 40k premarket which is the only reason I did not enter right at open. I saw ETH pump yesterday and expected to wake up to SBET having millions in volume with the price already around $50.

odinintorunu

ETH and alts stay strong compared to BTC which is obviously weird.

Spicyboi981

If the $ from ETH going back down hasn’t flowed in yet then idk if that’s happening

I-think-i-wanna-quit

In my trading/brokerage account I am beating the SP by a few percentage points. Vast majority of holdings are in index funds, but I put about 15% of my total portfolio value from cash into indexes in April. Didn't pick the absolute bottom, but I am averaging low $500s as my cost basis on those purchases. I also have about 15% of my portfolio in crypto (mostly BTC and ETH), so that has helped.

LarryStink

I hate crypto bros but I'll be damned if I miss this BIG BEAUTIFUL ETH BREAKOUT 

Spicyboi981

Alts usually follow a BTC rally, but IMO ETH has more long-term value than corn anyways

Hot-Pop-3250

Why is ETH doing better than BTC? downvote me if you want

Mother-Chipmunk2778

Nice, I sold my ETH before, mostly got btc, some Xrp and some sol, and a small amount of link

PeeOnDusk

Most bullish news from 🌽 conference week was the libs blocking tariffs and sending ETH 🚀

Mother-Chipmunk2778

lol bro eth is still almost 40 percent down from ATH while btc is tickling its high. That said I do think ETH will do okay but I don’t think it’s going back to 5000 anytime soon

Such_Region2724

corn is OLD NEWS! JD touched it and it got sticky. Now the cool kids are smoking ETH!

HaveTwoBananas

ETH ripping for some reason

Cheap_Flower_3119

For the vast majority of individuals, set it and forget it works best. Unless you’re checking daily and incredibly knowledgeable, it’s actually pretty difficult to “beat” the typical mutual fund. Sell all these shizstonks you currently have, keep NVDA / BTC / ETH (maybe even sell all crypto) Then just dump your entire portfolio evenly split between VTI / QQQ

Womp_Womp53

Sadly I think I’m an SBET bull now They’ll be the largest corporate holder of ETH after this first purchase lmfao might as well see if they can recreate the Saylor magic

MissingLinke

I am not taking my money out of GameStop to buy BTC. I think anyone who wanted to buy GameStop already bought on many other speculative plays. The company is transitioning to a holding company. Who knows what else they’ll buy. Maybe shares of NVIDIA, maybe shares of tsla, maybe ETH, maybe palantir. The world is not ready. No one has been paying attention.

dmpavlin

anyone following whats going on with SBET? apparently it is the ETH equivalent of MicroStrategy and the founder of ETH is part of the company? Ran 500% yesterday... watching 

Intrepid_Witness_144

Coinbase is way too expensive. Robinhood is fine but limited if your intent is to buy random crypto. If you just want something like Bitcoin. SOL, ETH, or XRP I would go with Robinhood. You can leave it in the brokerage or they have a wallet that is significantly better integrated than coinbase

legible_print

So you knew about the ETH treasury moves before it was announced, then?

jefbe80

SBET SBET continues its online performance-based marketing company serving the U.S. sports betting and global iGaming industries Upon the closing of the Private Placement, SharpLink will adopt an Ethereum Treasury Strategy Joseph Lubin, the Founder and CEO of Consensys and Co-Founder of Ethereum, will become Chairman of the Board of Directors of the Company effective upon the closing of the private placement MINNEAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (NASDAQ:SBET) (the "Company" or "SharpLink") today announced that it has entered into securities purchase agreements for a private investment in public equity (PIPE) for the purchase and sale of 69,100,313 shares of common stock (or common stock equivalents in lieu thereof) at a price of $6.15 per share ($6.72 per share for certain members of the Company's management team), for expected aggregate gross proceeds of approximately $425,000,000, before deducting placement agent fees and other offering expenses. Consensys Software Inc. acted as the lead investor, and the offering included participation by prominent crypto venture capital firms and infrastructure providers such as ParaFi Capital, Electric Capital, Pantera Capital, Arrington Capital, Galaxy Digital, Ondo, White Star Capital, GSR, Hivemind Capital, Hypersphere, Primitive Ventures, and Republic Digital among others including Rob Phythian, SharpLink’s CEO, and Robert DeLucia, SharpLink’s CFO. The closing of the offering is expected to occur on or about May 29, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the funds to acquire the native cryptocurrency of the Ethereum blockchain commonly referred to as “ETH” pending identification of working capital needs and other general corporate purposes. ETH will serve as the Company’s primary treasury reserve asset. A.G.P./Alliance Global Partners is acting as the sole placement agent in connection with the offering. “This is a significant milestone in SharpLink’s journey and marks an expansion beyond our core business. On closing, we look forward to working with Consensys and welcoming Joseph to the Board,” said Rob Phythian, Founder and CEO of SharpLink. “On close, Consensys looks forward to partnering with SharpLink to explore and develop an Ethereum Treasury Strategy and to work with them in their core business as a strategic advisor. This is an exciting time for the Ethereum community, and I am delighted to work with Rob and the team to bring the Ethereum opportunity to public markets,” said Joseph Lubin, Founder and CEO of Consensys and Co-Founder of Ethereum.

chenrongwei

I’d recommend checking out SignalPlus – it’s a free-to-use dashboard that connects to Bybit and Deribit. It gives you a smooth experience with access to live vol-surface and other advanced tools, plus you can trade small contracts under $20, especially on BTC/ETH. Bybit and Deribit have good liquidity and let you get into smaller trades, but just double-check your country since some EU countries (like France) are restricted on Bybit. If you’re into alts, Coincall is another option – they have smaller cap options like SOL or DOGE, but liquidity might be thinner, so just be aware of that. If you want to go fully decentralized, [SOFA.org](http://SOFA.org) / Aevo is cool too, though the liquidity might be lighter. Hope that helps!

chenrongwei

Ah man, I totally feel the pain of trading under tight regs. Been hopping around a few venues myself, so here’s what’s worked for me: **SignalPlus as the cockpit** I park everything on SignalPlus and just plug whatever exchange I need into it. It’s free, looks like a mini-Bloomberg, and you still clear on the exchange itself—so you keep the same fees/liquidity but get a way nicer UI, live vol-surface, greeks, the whole nerdy toolkit. CEX routes (small-size-friendly) Deribit – easiest if you’re in Europe, lets you punt one-lot BTC/ETH calls for well under 20 bucks. Bybit – similar sizing, just double-check your particular country (France and a few others are geo-blocked). Coincall – fun one if you’re into alt-coin volatility. Tons of smaller-cap options (SOL, DOGE, etc.) that trade for coffee-money premiums. Liquidity’s thinner than Deribit, but for sizing under $20 it’s fine. On-chain options (no KYC, thinner books) Aevo or Lyra on Optimism – solid UX, but spreads can get wide. [SOFA.org](http://SOFA.org) – newer, but everything settles on-chain; worth a poke if you’re allergic to CEX custody. TL;DR – Fire up SignalPlus → hook up Deribit (or Coincall if you’re chasing alt volatility) → start with a one-lot OTM call/put and mess around. If you want 100 % on-chain, Aevo/Lyra/SOFA are the next stops, just be ready for lighter depth.

BryleLaur

Honestly surprised how well WhiteRock’s referral program works. I got 30% commission just from people using my link — paid in $ETH and $WHITE. 👉 http://network.whiterock.fi/contribute?code=Sofie

greyenlightenment

lol crypto always give up gains when market is strong. such crap. ETH back to 2400 tonight

x4090x

this wallet for sale 1PBDskswFCo8YFomnGyZfaTc1QhMyZvmDz 0.07282100 BTC and 0x75e7f640bf6968b6f32c47a3cd82c3c2c9dcae68 5.382453109365230505 ETH The opportunity does not come again.

MagicalTissue

If you are in school, put it in HYSA or CDs. If you want stock, go with an ETF like VOO. If you want to gamble it, then put it in cyrpto ETH or BTC. Avoid options unless you have a strong understanding of the topic. If I was in your shoes, I'd put 4k in HYSA and use 1k for stock trading or something to learn about the market. This way, your risk is only 20% rather than all or nothing.

Mother-Chipmunk2778

He opened the position at the wrong time, Blackrock just bought 430 mil of btc and I think 50 mil worth of ETH. But that was a dangerous position anyways off the EU tariff news

lobsterspider

The quick way is the long way BTC, SOL, ETH

Onebadosteopathswag

"Etherealize co-founder Vivek Raman often describes Ethereum as "digital oil."" Digital snake oil is a way better description of ETH.

ExitSevere

Sold some ETH last night time to buy RKLB dips today

Vtrader_io

I know that empty feeling after selling PLTR - happened to me when I exited my position at 37% gain last quarter. Typical market psychology, similar to when I offloaded my early ETH holdings too soon. My approach now is maintaining core positions in conviction plays while trading around the edges - currently holding 50k PLTR shares in my secondary portfolio while focusing primarily on BTC/ETH for the next cycle. Maybe consider reestablishing a smaller position to scratch that itch while keeping dry powder for the inevitable market pullback when my Bloomingdale's shopping sprees are usually most productive.

sirttaylor

I mostly go long on $ibit (bitcoin etf) . It’s bullet proof. Any major dips, i load up on more contracts with a later expiry. Outside of that, i only trade companies with bitcoin on their balance sheet, they all move with bitcoin essentially. I just started playing with ETH etf with the same strategy, $ETHU prints 2x of ETH moves. Long story short, just follow Bitcoin. One of the greatest assets to have and trade

wallstreetbets-ModTeam

At the request of our members, we've started allowing some bets on BTC and ETH, but take your shitcoins to one of the 8000 crypto subs.

Wiscoguy1982

We should have done that 1.5 years ago….. lol, I choose to put it 10K in ETH when BTC was 20k, smdh.

ProofByVerbosity

that's true, it crashed stupid hard. i'm going with a perspective I heard that SOL this cycle is the ETH of last cycle. I learned too many lessons last cycle to dip into meme coins or too many alts this round.

ProofByVerbosity

I'd go SOL over ETH every day for a safe play and SOL will have bigger gains most likely. Raul Pal is a big fan of SUI, but it hasn't done much in a while. I wonder if it's officially alt season as of right now? alts pumping real nice right now and outpacing BTC gains.

AN_here

For sure Just like my boss like 10 years ago told me to load up on ETH when it was $180. I thought nah. Forget that. LOL

wallstreetbets-ModTeam

At the request of our members, we've started allowing some bets on BTC and ETH, but take your shitcoins to one of the 8000 crypto subs.

therealsilentjohn

Crypto is already doing more volume than MC, Visa, Amex, and Paypal ($14 Trillion in 2024) RWA TVL reached $10B and has seen exponential growth (Private credit & US Treasuries fueling rapid growth) $132B+ in stablecoins on chain There's so many use cases live that it cracks me up when people say there aren't any: Stripe - Stablecoin Financial Accounts Visa - Stablecoin Cards Moss Genomics - ETH Treasury BNY Mellon - Digital Asset Data Insights Calastone - Tokenised Distribution Custodia Bank/Vantage Bank - Avit Stablecoin BioNexus Gene Lab - ETH Treasury Invesco - iSNR Fund Buenos Aires - Digital License Apollo - ACRED Fund Nubank - USDC Reward Program Mainnet ...that's just *this year*, with tons more in development / waiting for regulatory clarity.

callsonreddit

What about CRWV? Long BTC and ETH right?

RandomsDoom

Haha doesn’t he want crypto to take off? Makes sense to see a softening dollar if that’s what will inevitably take BTC ETH and the rest to new highs

Alwaysfavoriteasian

ETH has been such a shit investment.

odinintorunu

Bitcoin new ATH, ETH 2600 

Classic-Finish-7433

ETH and PEPE 

greenpride32

>the overall direction is highly impacted by money inflows and outflows This is a point that many people just don't understand or realize. Stocks are just an asset class, like any other, it takes excess demand to increase the price. But what makes stocks different from most other asset classes is there is an actual business underlying, and when you're talking major indices such as SP500, they are the cream of the crop of publicly traded companies. Cumulatively they make over $1t in profits and pay over $500b in cash dividends each year - over time those numbers are only increasing. Gold sits in a physical vault - it does nothing. Crypto sits in a virtual vault - it does nothing (okay ETH you could argue can be staked). Rare collectibles just sit there as well. Real estate can be used to generate income or it cannot. Your argument that the stock market goes up over time due to inflows is correct. Your reason behind it, more accessibility, is not correct. Not only individuals, but trusts, pensions, and annuities also leverage the markets because it has a proven track record of increasing over time. This upward is backed by increasing profits and return to shareholders. If the market was just flat over time, everyone would rather collect bank interest or chase some other option instead. Looking at it from a micro layer to apply to individual companies for their own success (or failure) stories. If I held KO stock for 33 years, it's going to return the entire amount of the share price I paid upfront for it. On top of that, the value of the stock would have gone up 600%. Sound a lot more attractive than a bond.

blalah

I like ETH, but I just let that stack sit and don't swing trade it or convert into it.

fairlyaveragetrader

Subprime is dangerous and that's exactly what this company appears to be. I see people making all these financially literate comments. Probably why you pay attention to the markets, so on and so forth You know what the average subprime borrower does in my experience. One of my hobbies is sports cars, vettes, Porsches, track cars, you get the idea. A lot of the kids in their twenties that want to go racing or have a nice car will literally spend every dollar they have and every possible ounce of credit they can get in order to build a car. I can't tell you how many guys I've seen who make maybe, just guessing based on what they do $20 an hour and they go buy whatever the most expensive car they can get financed for is. They stretch themselves down to their last $20. If they lose their job, if they get depressed about being broke all the time if a whole variety of things happen the whole house of cards comes down. Carvana got rescued with the tariffs. That stabilized the fall in used car prices. A lot of these other industries though, they are still declining. I think at some point subprime will be a great buy but it's not now. Anything to do with low credit score lending, all of that stuff is extremely high risk. If someone said I have 5,000 extra dollars, I want beta, I have two choices I can either buy high risk subprime credit or I can split it between Bitcoin and ethereum which one do you think is lower risk? 10 times out of 10 I would say BTC and ETH right now. If we are going to see bankruptcies in any stocks this cycle, I would bet highly on them being somehow involved in subprime lending, Payday loans etc

robertncm

BTC ETH just need +$2000 for new ATH

wallstreetbets-ModTeam

At the request of our members, we've started allowing some bets on BTC and ETH, but take your shitcoins to one of the 8000 crypto subs.

Cautious_You7796

Well, back in 2020-early 2021 I made a lot of money with Bitcoin, ETH, etc, and then late 21 early 22 I got too aggressive with crypto related stocks and got crushed. Early 23 I put the remaining money into stocks that I thought were pretty solid. For a few months things were looking pretty good and then by mid '23 the wheels started falling off. Some of my positions were ADBE, MNST (which has pleasantly recovered but I've sold a decent amount of that position at a loss), GIS, and the real stinker was HSY. I'm holding a bit of MNST still but the rest of those I've sold off at big losses and now I've been trying to recover. The major holdings I have right now are SMH, QQQ, and MGK, and then I've got about 50 or so stocks that I've been DCA'ing very small amounts. And for those stocks that I'm dca'ing I've been trying to sell those at opportune times and swap over to more QQQ when it makes sense to do so.

wallstreetbets-ModTeam

At the request of our members, we've started allowing some bets on BTC and ETH, but take your shitcoins to one of the 8000 crypto subs.

OopsSorryUgh

Can someone explain why ETH is not coordinating with Etherium?