The Simple Logic Behind Several Buy The Dips| _2024111120230_ Last May I said that I would never be able to buy Ethereum at 1500 again, and I almost got slapped in the face! As a mature investor, not being greedy is basic logic. I sold all my positions at 4300, and still have a dozen or so left. We're currently approaching the level I buy the dips last time, so I've resolutely decided to continue buy the dips. Overthinking often cloudes one's judgment. I currently only have three reasons for buy the dips: 📗Core Reason: We only need to observe which protocol institutions choose to integrate when formulating their cryptocurrency strategies: 1️⃣ Coinbase has chosen Ethereum as its Layer 2 network, Base. 2️⃣ Robinhood's second layer has also recently been built on top of Ethereum. 📕Reason 2: Is it possible that it has no rivals at all in terms of the fundamental logic of blockchain finance: "decentralization"? Ethereum will eventually become an institutional-grade protocol. Although transaction costs are higher and speeds are slower, its greater decentralization makes it more secure, allowing many institutions to confidently entrust billions of dollars in assets to it. Other chains cannot do this yet. 📙Reason 3: Application level: This is the AI ​​+ blockchain mentioned by Vitalik. AI-powered agent-based interactive payments all rely on smart contracts. Future payment processes will be automated through smart contracts. The 8004 protocol is the authentication layer, providing the AI ​​with an identity; the X402 protocol is the payment layer—the two are perfectly matched because AI requires authentication. The most explosive applications may emerge on Ethereum. Large institutions have been closely watching the explosive growth of stablecoins, and most stablecoin activity is taking place on Ethereum. This is a market worth trillions. Finally, let's consider what everyone thinks is the biggest potential pitfall right now: #Bitmine These institutions are essentially stable exposures to the ETH ETF. They help traditional investment institutions avoid taxes and intermediary fees. Bitmine provides a solution where, despite a premium, the utility of an Ethereum vault is greater than that of a Bitcoin vault, for example, in staking, while ETFs currently cannot be staked for ETH. However, an increase in ETF staking may occur this June. Its existence is necessary and justified; Bitmine will not collapse. Yes 🙌

Buy ETH and hold long