In recent discussions amongst cryptocurrency enthusiasts and investors, EthereumPoW (ETHW) has been a topic of optimistic speculation. Individuals with stakes in the project are vocalizing their belief in the future of ETHW, suggesting that it is far from being a 'dead project.' One investor expressed a strong conviction that EthereumPoW has the potential to thrive but emphasized the need for more aggressive marketing and the need to publish positive narratives to enhance its visibility within the crypto community.
Another investor, who adopts a liquidity providing approach, shared insights into their success with LINK pools on arbitrum Uniswap. This individual's investment in ETHW was influenced by what they perceive as greater openness compared to Ethereum Classic (ETC), even though they acknowledge ETC's higher market price. The community around Ethereum Classic was described as 'very toxic,' which seems to have factored into their preference for ETHW.
From an investment standpoint, one of the investors has delineated a clear strategy regarding their engagement with ETHW. They disclosed intentions to start selling their holdings when the price reaches around $10 but also plan to retain a significant portion for the long term, indicating both a short-term profit goal and long-term confidence in the asset.
The sentiments shared by these investors suggest that while ETHW may not currently match Ethereum Classic in terms of price, it has garnered a community that believes in its potential and is advocating for its growth. The discussions also highlight the diverse investment strategies individuals adopt within the cryptocurrency space, from trading to liquidity providing.
As the cryptocurrency sector continues to evolve, the perspectives of investors and how they interact with different projects provide valuable insights into market trends and the factors that influence decision-making within this dynamic industry.