Is ethereum the new Bitcoin? Do you invest in it? Why/why not?

like
Posting as :
works at
You are currently posting as works at

Would you recommend waiting for ETH to dip? Or buying it right now?

like

I put a lot in ETH today

like

I invest in it because I think once BTC gets saturated more money will flow into ETH. ITS still below its 2017-18 all time high.

like

50-50 ETH and BTC

like

D1... that’s already been happening.

like

Bitcoin and ethereum are the only crypto’s worth owning long term imo

like

The case for the two are different and so is the maturity.

BTC is a more mature asset and is emerging as ‘digital gold.’ A secondary use case is for large transactions (tens and hundreds of millions of dollars) where BTC could be cheaper and faster than cash transfers. There’s lots of institutional money flowing into BTC and the idea is we’re in the early stages of this investment process. Less risk here, but likely less upside.

Ethereum is a transaction medium and provides the basis for tokens and traceability. You won’t see the same institutional move into it for a while (if ever) but demand for coins is increasing. More risk here, it potentially more upside.

I’m in both, but much heavier into BTC. Probably buying more ETH soon.

Is there an etf for ETH?

Related Posts

Folks, investing newbie here. Planning on using the Bogleheads recommended 3 fund portfolio. Opened a tIRA with Fidelity and have been reading about their 4 fund portfolio which is in line with Bogleheads.
Question: I'm looking for a step by step video on how to go about selecting investment options. As a newbie, I know what I want to invest in, but I'm not sure how to do it. Any tutorial videos that walk you through the process? E.g.- click here to select, click there to confirm.

likehelpful

Four words - Invest. In. Amazon. Stock.

110% Return on investment ( 1 year) and still projected to keep growing...

Laughable that banks and traditional 401k give you less than 5

likesmartfunny

I bet if it were 300B in PPP loans nobody would bat an eye. It’s only when individual taxpayers get a break that everyone becomes a policy expert.

likehelpful

Can someone help me understand the advantage of Backdoor IRA. In my case, I don’t think My taxes will be higher in retirement than they are right now (32% tax bracket currently)

like

What is the best performing NPS available on market. Let's assume that I invest 50k per year for tax saving, what could be my retirement benefits out of this(30 yrs of investing). Please help me with calculation and suggestions.

like

What companies do you recently regret not investing in?

like

If I had a traditional IRA before being employed in a 401k eligible role, can / must I roll that IRA into the 401k or can I leave the accounts separate without deleterious tax consequences?

like

If you’re hoping to find a housing deal, you’re out of luck in the short term.
Maybe if you can deal with the higher payments for the next 3 years and sell/refinance above today’s prices you’ll be ok, but this isn’t going to be pretty.

Post Photo
like

I told myself I wasn’t going to do it. Re-assured myself I wasn’t going to do it. Told myself you’d know what would happen and still ended up gambling away a bunch of money I know I couldn’t blow. I don’t understand.

like

Leisure travel is still a bit out of my budget, but I’ve gotten a lot of points from referring friends to my travel credit card by making a post on Facebook. That feels like a once and done opportunity. Does anyone here have tips on getting large amounts of credit card points to use for travel?

like

What is a simple way to explain to my boyfriend that investing in equity with an expected return of 10% is better than paying off debt that is growing at a rate of 6%. He has student loans and is adamant that he wants to pay all of them off immediately before saving any retirement money. I understand that many individuals use this strategy but I think investing in index funds for the long haul is better from a wealth accumulation perspective, without even factoring in tax implications of 401k

like

Anyone have situational depression? Can’t stop beating myself up over a decision a year ago. Basically missed out on a massive amount of money. I know this seems trite and i never even cared thatt much about money before this year.

So many other good things happened to me this year - got married, got a puppy, moved etc, and yet the one thing i keep returning to is this decision as though i ruined my life. Ironically the only thing ruining my life is my outlook and yet i just can’t stop.

likefunny

What happens if you sell a covered call far ITM for a large premium? Is the only loss your shares and opportunity cost once the option is exercised by the call holder?

like
like

I am new to DI...can someone please tell me is it mandatory to claim telephone and LTA...can't we change it to taxable component ? Because I need more In hand

like

HBS admits - does anyone know what is the max income threshold 3 years combined to qualify for financial aid?

like

How serious are the independence/investment declarations while joining Big4’s in the U.K.
My parents have a couple of minor investments in the stock market. Do I have to include my parents investments even if they are citizens of another country and invest only within that country?

like

How’s the rental market in denver right now? am looking for 1.2k 1bd where it’s walking or biking distance to restaurants, shops. doable?

like

Thoughts on buying into Wells Fargo now, at their 52 week low basically.. Bank too big to fail of course and their imposed caps on grown expire in a year or 2 I believe with regards to how much $$$ they can lend out or take in...

like

More Posts

Hi,
My date of joining in TCS is 16th November 2022

- Will the onboarding be virtual or physical?
- How many days would it take before I get a laptop and start working?

like

Hi Fishes,
Any news of hikes in OSSI?

like
like

Does anyone know if there is a Catholic lawyers bowl? I’m leaving consulting to practice law, but I promise not to leave this bowl! Though I do wish this bowl was more active 🥺

like

I bought a house in the suburbs of Chicago at the top of the market. I ended up moving out of state in 2017 and short-selling. I am now interviewing for a VP Accounting role with the mortgage company that got shafted by the short sale. If I get the job offer, can they/will they see this on my credit report? Can they pull the offer due to this? Should I tell them before we advance further?

like
like

Can someone give me a real answer (more than just "it's KYC stupid") as to why it takes 2-4weeks to open a bank account for an institutional client?

like

Hi Fishes,
Please suggest a good project for java and spring boot developer in ibm ..Am looking for good tech stack and WLB

like

Any Deloitte employees nearby LB NAGAR HYDERABAD??Deloitte

like

Is it common for a copywriter to transition into account/project management within digital marketing?

like

What do you guys think about the Eagles this season? I don't want to get my hopes up but with this new Dream Team I'm thinking we might be going all the way? At least divisional

like

Anyone knows where to find true deals on Rolex watches? New or used, in/outside of US?

like

Any favorite go-to online prep resources for an Amazon interview? I have one on Monday and from what the recruiter told me, it’ll be a whirlwind of questions. Thanks in advance!

like

What resources would you recommend to find a full time nanny in Houston? Any specific websites, services, groups or places that have worked for you in the past?

like

How do you lead a morally fulfilling life while being in this industry? I’ve been battling with this question as of late.

like

Is there any opening for Mainframe professional for 12+ yeas of experience. Location no constraint.

like

L&T Technology Services Hello Fishes, EY or L&T for SAP consulting Both giving same package. I am looking for WLB. EY L&T Technology Services Deloitte

like

Hi Fishes,

My last working day is 7th October and I have only one offer in hand. I'm trying hard to get some interview scheduled but in vain.

Can anyone please refer me or share some tips on how to get the interviews scheduled?

YOE - 3.2
Non-IT roles
Certified Investment Banker

like

Any references for good tutoring services for the bar? Repeat taker and want to make sure I pass this time. I’ve already looked at the tutoring that barbri etc offer and I am looking for a person/service which isn’t part of a course. TIA!

like

Additional Posts in Option Traders & Investing

IMO It’s only a matter of time that Cuomo closes the entire NYSE. If you are holding short term options, consider the risk.

like

Do we see opportunity in JNUG at these levels? Possibly 2 week call to get the rate cut effects?

What happened to Alteryx...

like

10/23 Thread (BC):

like

Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

like

It’s been an interesting 24 hours. So, you know I got out of the VIX Puts at 26 with a small loss. I bought a few DIA July 15 calls at the low at a 309 strike .13 so I did better than I would. Trading the technicals now with DIA and C Puts.

like

My fiancé and I invested in a small startup about five years ago and are about to get a $300,000 pay out (after taxes). What would you do with an extra $300k? (We have no debt, have sufficient savings and own a home already so the basics are covered.)

like

Anybody got any fire penny stock plays? IDEX is mine, but I’m looking for more!

like

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

likehelpful

Anyone going in on VNET?

like

Mod suggestion: how about a weekend thread of wins / losses for the week and lessons learned + ideas for the week ahead?

like

Are USO puts a good idea rn?

like

Bubble prediction. What do you think? -https://seekingalpha.com/article/4397584-waiting-for-last-dance

like

What happens if you sell a covered call far ITM for a large premium? Is the only loss your shares and opportunity cost once the option is exercised by the call holder?

like

DOGECOIN to the 🚀🚀🚀🚀

like

Taking a gamble here. 25 OXY $16Cs for 4/9 and 25 OXY $17Cs for 4/9. $0.20 and $0.08 respectively. Very high risk but have gains on other OXY trade that I don’t mind risking on this.

like

10/06 Thread (BC):

like

Experts - I understand tha LEAPS help with liquidity amd magnify the returns but I am unclear what are the tax implications (Fed LTCG and state tax) when you are ITM and exercise LEAPS. Can someone shed some light on tax implications of the LEAPS? Thanks.

like

Thoughts on CSIQ? It is sitting near all time highs but has not jumped like crazy from pre-pandemic. It’s at a 25% premium. It has solid fundamentals. It may be a solid option after it hits the 50 day SMA.

like

To the multiple OPs that brought up TSCRF... thank you!! +25% in the last few days

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal