I'm contemplating selling ETH and buying BTC.

Concentrate my small amount of capital in the one Ponzi scheme rather than participating in multiple. BTW, I've got SOL as well ... purchased somewhere near that last peak but pleased to report that I am recently back above water.

Interesting.

I have 50% of my crypto in STX. I’ll write a post tmrw with my thinking. It’s a super long term shot. But it’s steadily building.

Ha, love a good highlander reference @Parko5

Each to their own, but I'd be very wary of ETH, even if the SEC grants them an ETF.

Consider this:

Massive pre-mine (ie free allocation to insiders)

Regular change of protocol.

Clearly passes the Howie test (it's a security, not a commodity)

Only real world use case has been a platform to launch scam tokens.

Proof of stake grants added power and I fluence to large holders. Ie, it's centralizing.

A good chance they face legal issues at some stage (maybe even soon) for running an unlicensed security.

I wouldn't touch it with a barge pole.

Ha ha. I have watched that movie so many times. It was a cult classic back in the day (along with Withnail and I).

BTC. Maxis have a great thesis.

ETH believers have a great thesis.

what either will look like in 10-20 years time, who knows. I am happy to hold a bit of each so I don’t have crippling regrets of having missed out.

I also hold GLP a basket of blue chip tokens (yeah, I get it) that earns some reasonable yield.

For me the potential of RWA (real world assets) being traded on tokenised blockchain exchanges has immense potential. I don’t rate the probability that highly, but ETH would be the clear winner under those circumstances.

I spent hours and hours trying to stay on top of things a year or so ago but am largely out of the loop these days.

Here is a link to my Stacks (STX) post.

https://strawman.com/member/forums/topic/9031?post=26034

https://fintechmagazine.com/articles/us-sec-approves-spot-ethereum-etfs-cryptos-rise-continues

So it says there is one more step to go and then ETH will be able to be traded as ETFs in the US.

Will be interesting to see how this plays out.

I won't be investing in ETH....like @Strawman says....too much 'going on' in it....

But will will hold my Bitcoin and Stacks. Maybe even top it up on the next crash.