‘People should invest in all of the major layer-1s,’ says a veteran trader

” This is an extremely favorable event for Ethereum. (…) “I think it will be an even much better chain, more useable after this occurs,” stated he. “Eventually, Ethereum will be $20 million, $30 000, and $40 thousand.”

Melker said that approximately 65% of his properties were presently in crypto when he discussed his portfolio building. Melker is bullish on Ethereum (ETH) in addition to Bitcoin (BTC), which is the bulk of his long term holdings.

” Any one of these little projects might go insane. Ethereum will be around permanently, I think. (…) “I believe it will be an even better chain, more useable after this happens,” stated he.

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” Any among these little projects might go insane. Youll have difficulty selecting which ones. In a special interview with Cointelegraph, he mentioned that you should just own layer 1 and the infrastructure on which they are constructed.”

Melker believes that the Merge will offer Ethereum a substantial boost in cost.

” Nothing is going be able to ruin Ethereum. Ethereum will be around forever, I believe. He stated that Ethereum is an essential property and should be available to everybody.

Scott Melker is a seasoned trader and pocaster who thinks that all investors should have access to major layer-1 protocols. Melker believes it is more sensible to buy the facilities that will make it possible for these jobs to succeed, rather than choosing out individual crypto projects like NFTs and blockchain video games.

He said, “Ethernet holders have definitely benefited from the success in Bored Apes.”