So, I finally did it. I bought a few Solana coins for shits & giggles. It's been very unsettling to see the rally in crypto the last 48 hours. Looks like the CPI numbers have more effect than crypto exchanges going down.
Value investors have to accept the fact that this COULD be the end of the bottom. On the other hand, there are still a lot of possible downward catalysts due to continuing contagion.
That said, after watching too much green tonight, I threw in a little more capital to one of my brokers and bought up a bakers-dozen of Solana coins, and grabbed more Ethereum as well.
Now here's the interesting part.
I noticed earlier today, Ethereum staking rewards on many brokers is set at 4.15%
Solana is still set on the previous 4.50%
That's only 35-basis points difference between the two.
Now I have to ask you, honestly. Is there any serious person who still thinks that the [failed] Ethereum-Killer Sol should be only that much of a difference, considering the much higher-risk? You should be getting junk-bond returns!
Value investors have to accept the fact that this COULD be the end of the bottom. On the other hand, there are still a lot of possible downward catalysts due to continuing contagion.
That said, after watching too much green tonight, I threw in a little more capital to one of my brokers and bought up a bakers-dozen of Solana coins, and grabbed more Ethereum as well.
Now here's the interesting part.
I noticed earlier today, Ethereum staking rewards on many brokers is set at 4.15%
Solana is still set on the previous 4.50%
That's only 35-basis points difference between the two.
Now I have to ask you, honestly. Is there any serious person who still thinks that the [failed] Ethereum-Killer Sol should be only that much of a difference, considering the much higher-risk? You should be getting junk-bond returns!
