Even if I endeavour to remove emotion out of the equation, being in this sub can’t help but make me soak up all the anticipation and anxiety of fellow users. Should I really be doing nothing and wait for the Merge or should I be actively implementing something in order to profit from this monumental event. So many questions are crowding my mind, so I thought I would write them down in order to declutter my mind and gain some clarity. Here goes:
1. Should I sell my ETH position a few days before the Merge?
2. Or should I buy now or waiting after the Merge happens to see where things are going?
3. Will there be a mass sell-off of ETH around the Merge as is the usual practice for crypto that are seriously hyped? When will it be a good time to sell the news and buy the dip?
4. Will a fork really happen? Do I need to be prepared for the eventuality that both ETH POW and ETH POS will exist? If a fork happens, what does this mean for my taxes? Will the Merge constitute a major tax event?
5. Will anything go wrong with the Merge? Worried even if 4 testnets have transited smoothly to PoS before the Merge.
6. If my exchange is ceasing deposits of ETH during the upgrades, when will it resume operations?
What’s your game plan for ETH?
Originally posted on r/cryptocurrency
