Trader Eugene: Simply Buying and Holding ETH for Three Months Is Easier Than Chasing Trending Tokens On-Chain
BlockBeats News, July 29 — Trader Eugene Ng Ah Sio shared his outlook on the market trends for the coming months: "In my view, there will be very few tokens that can outperform BTC and ETH on a risk-adjusted basis in the near future. Of course, there may be some unexpected meme coins that experience explosive growth, but betting on these in advance is a high-difficulty game. With the market now at relatively high levels, I am more inclined to hold mainstream tokens and reduce high-risk speculative trades. Compared to chasing the next trending token on-chain and getting caught in major volatility, simply buying ETH, holding it for three months without moving, and then selling for a 50% gain is much easier."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chainlink and Dinari bring the S&P Crypto Stock Index on-chain
WisdomTree adopts Chainlink to bring NAV data on-chain to support tokenized funds
US-listed SOL treasury company Solana Company board approves $100 million stock buyback plan
MEV Capital: Actively managed vaults with no direct exposure to Stream Finance assets
