$SOL versus $ETH

I have lost a lot of money throughout my investing life, mostly with shares. I would’ve been grateful for any advice saving me that pain. 🙂

I would therefore like to share a thought or two. Maybe it helps someone (?).

A few years ago I saw an interview with a fund manager who said that they had invested 30% of their funds allocated to crypto in $BTC and 70% in ETH. He went on to explain that ETH is superior to BTC technologically and had a great future. If more investment funds thought that way you can imagine how many deep pockets are still sitting on tons of ETH. The Trumps too, by the way. And due to ETH’s miserable performance the last few years, I wouldn’t be surprised if most of them were under water. And now we “all of a sudden” see this resurgence of ETH. But the story has changed: Most techies would argue that SOLANA is the most versatile and advanced technology out there and its turnover seems to prove it. But something is holding SOL down even with ETFs just around the corner? My suspicion is that the whales are trying to get rid of their ETH without losing too much, or anything, and pick up SOL with the proceeds.

So, to cut a long story short, if you are invested in ETH, don’t forget to take profits every now and then! 🙂

(P.S.: Check how many people get to see this post. If it’s only a few I might be on to something. The big boys and girls all stick together. 🤔)