Let’s be real—many so-called “OGs” in crypto completely misread Ethereum this cycle. And here’s why.
Before you get defensive, understand that these are my observations, not personal attacks. This is about learning.
A lot of you, especially those who’ve been around for multiple cycles, still hold large ETH bags or were banking on Ethereum hitting new all-time highs. Instead, ETH has been underwhelming, lagging behind the broader market. But why did so many people get it so wrong? It boils down to one simple truth: you don’t fully understand the product you’re investing in.
Yeah, I said it. And if that stings, good—it should. Most investors don’t take the time to critically assess what they’re actually buying. Instead, they cling to projects out of nostalgia (because they made money last cycle) or blindly trust outdated advice (like “just buy the top 10 cryptos”). But when was the last time you truly analyzed Ethereum?
- Have you tracked its network performance—TPS, fees, user activity?
- Have you actually used Ethereum DeFi apps, or do you just shuffle ETH between exchanges and cold wallets?
- More importantly, have you tested alternatives like Solana, BSC, or Sui to compare experiences?
Crypto valuation has always been tricky. Unlike traditional markets, where we use metrics like P/E ratios, most crypto projects don’t generate revenue or operate like businesses. So, how do you justify their valuations? If your strategy is just “buy what’s hot” or “follow the market cap rankings,” you’re not an investor—you’re just gambling.
