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Why You Need to Buy Crypto NOW
Manage episode 485249078 series 3668140
In this episode, we dive deep into why now is the time to be buying crypto. We’re witnessing some major shifts in the market, with a lot of buzz around liquidations, platform closures, and recovery rates from events like FTX's collapse. We’ve seen firsthand how leverage positions and open trades affected many investors, and we discuss why holding onto cash or relying on fiat returns might be a losing strategy, especially as crypto starts its next big run.
We also touch on Ethereum's performance and whether it's still the top dog, considering rising competition from Solana and other Layer 1 and Layer 2 projects. There's been a lot of talk about Ethereum's high fees and its revenue decline in 2024, but we remain cautious about getting too pessimistic. Even though some of us believe Ethereum's dominance could be challenged, we can’t deny that it's still a major player. So stick around as we explore why it’s important to keep reviewing your crypto investments and make strategic moves in this evolving landscape.
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