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
Analyst: On-chain data indicates that bitcoin selling pressure is easing and the market is buying the dip
Trending news
MoreMarket news: An Aethir executive, together with investor-backed VC leveraged funds, is shorting, acting as a counterparty to the founder’s fundraising and price-pumping efforts, dumping tokens to harvest profits from the community.
Analyst: On-chain data indicates that bitcoin selling pressure is easing and the market is buying the dip

