Trader Eugene: Simply buying ETH and holding for three months will be simpler than chasing hot coins on-chain.
BlockBeats News, July 29th, Trader Eugene Ng Ah Sio shared his views on the market trend for the coming months, stating, "My opinion is that the number of coins that can outperform BTC and ETH in the coming months after a risk adjustment will be very limited. Of course, there may be some unexpected meme coins that experience a surge, but betting on these coins in advance is like playing a high-difficulty game. Now that the market has reached a relatively high position, I may be more inclined to hold mainstream coins and reduce high-risk speculative trading. Instead of chasing the next hot coin on-chain and experiencing significant volatility, it is much easier to simply buy and hold ETH for three months without any action, and then sell to earn a 50% profit."
You may also like

Arm Chips In-House: Rewire News Brief

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn

CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs

Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP

What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?

SIREN, another leveraged scam

Token has become extremely popular, and the blockchain is very sad

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

When gold is no longer a safe haven, and Bitcoin continues to panic

