As $ETH goes higher, I look forward to a violent repricing of protocols with major ETH deposits in-protocol like:
LRTs/LSTs: $ETHFI, $LDO
ETH lending/borrowing: $AAVE, $FLUID, $SPK, $SKY, $SYRUP, $MORPHO
More often than not, larger deposits = more revenue
It has not been easy being long crypto these last 4 few years.
It hasn’t been easy the last few months.
But if you’re here, it’s now clear we’re going much higher.
In 2017, a few friends and family bought BTC and ETH at near all time highs.
They later sold at 50% lower in 2018, and definitely looked at me like I was nuts for ever recommending they buy. Most have never dipped their toes in again since then despite crypto prices going much higher.
Many I know did gladly check in with me during bear markets to remind me how low prices had gone. Revel in my misery.
What’s worse is many of them wrote off crypto in their minds and rarely asked questions over the years about it ever again.
Today feels validating to see BTC at new highs, ETH on its way finally, and DeFi cementing its status in the mainstream lately with stablecoins.
I really always wanted for more of my family and friends to enjoy the ride with us. I wanted to help them understand what I was buying into.
But none of them took the risk to get here, or had the guts.
Meanwhile many of you here did.
You took the risk.
You bought the blood.
You held on.
So cheers!
We earned this.
BTC is going higher, and ETH is going to new highs sooner than most realize.
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