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If you’re not sure what to do, do nothing. Seriously.

$Ethereum(ETH.CC)$ The Ethereum merge (switch to proof of stake from proof of work) is a few weeks out.
Some advice for beginners:
First things first, don’t fall for scams.
In times of great uncertainty, people question things less. Be extra frosty about what you read, click, and sign.
Don’t use too much leverage, take too much risk, or do something stupid with your portfolio. This is not the time to get caught up in mania.
Volatility may be really high, in both directions.
Make sure your assets are custodied safely.
That could be on an exchange you trust, or on a hardware wallet you control.
If you haven’t thought about security lately, now is a great time to revisit it.
If Ethereum forks (such as a proof of work chain splitting off), the “state” of Ethereum won’t transfer with it.
Every stablecoin and DeFi application on the fork is likely to fail immediately.
You wont suddenly be double wealthy.
Be extremely careful about signing transactions on a fork chain; you have one private key that works on both chains, and a miner could potentially replay a transaction on Ethereum.
Don’t “sell all my worthless (POW) USDC for a little bit of (POW) Ether”.
If you’re not sure what to do, do nothing. Seriously.
$Bitcoin(BTC.CC)$ $Coinbase(COIN.US)$ $Robinhood(HOOD.US)$ $ETH/BTC(ETHBTC.CC)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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