I am one of those who think that she definitely has good thoughts and predictions. They hold a high amount of ETH in the fund they have created and apparently continue to buy.
Grayscale seem to focus more on bitcoins and ETH since it holds some huge amounts of both. I can't help but wonder if they have any interest in other altcoins being a big player in the crypto world.
This is the direction if I remember correctly in the published reports. The two coins they invest the most are bitcoin and ETH. Apart from these, I think there are a few coins with investments.
I think this was the reason why ethereum increased such rapidly from below a thousand dollars to now trading above the middle of thousand dollars. If many organizations support ethereum like this, ethereum will continue to grow very strongly.
This is good addition to grayscale ,however I wonder why they have to choose ethereum instead of bitcoin. Ethereum has been associated with high gas fee.
It seems they already have some investment in bitcoin already and l'm guessing they want to also diversify their investment into different coins.
If that is the case then it is a good step because they can buy more ethereum with a particular amount of money than bitcoin due to the price of bitcoin
Yeah, if they invest in both of the coins then it's surely a good move. If organizations keep entering into ethereum investment it might also boom the crypto currency one day.
Sure but ethereum high gas fee is a thorn in the flesh of investors . I lost a huge amount of money today while carrying out transaction in ethereum
They keep telling investors they will look into the gas fees situation but until now nothing is done about it. This gas fees is truly discouraging investors to ethereum investment.
It's not nice, the high gas fees on Ethereum block chain, and it's odd that people now even prefer the transaction fees of Bitcoin over Ethereum.
I have made up my mind today to run away from any ethereum based transaction because of the high gas fee I paid today while carrying out some transactions
Truly bitcoin transaction fees is far better than ethereum transaction fees and many people have no choice than to be transacting with bitcoin instead of etherum.
The fact is that bitcoin is very costly and investing in it to make profit demands that the person puts a good amount of money in it.
That is the case, but considering the current gas fees for ethereum and its blockchain tokens, it will not be easy for any average investor to make any profit After paying the gas fees especially if the amount is small.
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