Lotta smart ppl are trying to front run the merge but that doesn’t mean there won’t be chances to scoop lower so probably DCA in is the best bet. Either way if you plan to be a long term holder (4-8yr) then prob won’t matter much if you scoop it now vs 10-20% lower when it’s $10k+
I’ve been in crypto since 2013 and my avg ETH price is sub $2 and ppl were calling me wishful back then saying it’ll hit $100+ over the next couple years. ppl think $10k is wishful now but honestly on an 8 year timeline I’m thinking $10k is a low ball bet and wouldn’t be surprised to see $30k+
Post merge ETH will switch from a structural supply asset like BTC where there’s a constant battle to have new cash inflow to offset structural selling from mining supplies. ETH will be a structural demand asset where fee expenditure will directly correlate to demand similar to how stock buyback in equity markets and equities like this are structural demand assets and that’s why when you zoom out they are basically up only ( with dips/bears here and there but zoomed out that’s what a structural demand asset looks like) ETH is going to look similar. So long as there is still demand for smart contract blockspace which I think demand will grow exponentially as zkEVM and L2 come online and with this will come new usecases to bring demand.
Long story short ppl are really underestimating the growth that’s possible here and really are sleeping on the change structural flows that’s happening post merge. Check out Hal Press for more granular details.
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