Scott Melker, a seasoned trader and pokecaster, is convinced that the leading layer-1 protocol should be part of everyone’s investment portfolio. Rather than opting for individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built.
“Any of these small projects can be completely useless. But you’ll have trouble choosing what they are. You just have to own layer-1 and the infrastructure on which they’re all built”, he coined Said in an exclusive interview with The Telegraph.
“You might not have a bored ape, but Ethereum holders have certainly benefited from the bored ape success!”, he explained.
Talking about his portfolio building, Melker revealed that around 65% of his assets are currently held in cryptocurrencies. Aside from bitcoin, which makes up the bulk of his long-term holdings, Melker is extremely bullish on Ethereum.
“There is nothing to kill Ethereum. I believe that Ethereum is here to stay. I believe this is an extremely important asset and everyone should be at risk”, he said. said.
Melker believes that the upcoming merge, which should complete Ethereum’s transition to proof-of-stake, will be a huge boost to the asset’s price.
“This is a massive bullish event for Ethereum. (…) I think it will be a better chain, more useful once it happens”, he said. Will see on K”.
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