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by britneybitch
1273 days ago
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ETH/BTC reached 0.1515 in June 2017. This cycle it peaked at 0.08838 and it's currently at 0.07206.[1] If anyone in ETH multiplied their holdings by a number above 0.5, it had to be gambling on one of the small coins that has since crashed 95%+ (such as OP) and getting out before the music stopped. If you're chasing multiples, you can only end up lucky or burned. Slow and steady wins the race. [1]: https://bitcoinwisdom.io/markets/bitfinex/ethbtc, zoom out to 1w |
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Yes, there were few weeks when ethbtc was higher, but that was over 4 years ago.
There were 6 months of free money during the second half of 2020 with three digit APR. Most active people in defi multiplied their eth holdings several times (4-6x). There was no risk because tokens to dump were received for free.
>Slow and steady wins the race.
No, it doesn't. Yield wins the race. This cycle had a once in a lifetime free money period. There's not making up for missing that. Current yields are single digit but still good.