Buterin's Personal Finance Tips Spark Backlash Among Crypto Investors
• Vitalik Buterin offered personal financial advice on Twitter, recommending diversification and having savings to cover multiple years of expenses. However, some criticized this as not applicable to getting rich.
• Respondents questioned if Buterin is "still selling ETH" and said his advice doesn't sound bullish on Ethereum.
• The Ethereum price has dropped nearly 10% since its 2023 high of $2,434 on January 2nd, underperforming Bitcoin.
• Alternative layer-1 blockchains like Solana and Avalanche have surged ahead of Ethereum recently in terms of price gains.
• Buterin previously made a controversial statement that "the worst thing that happens [in Ethereum] is people lose money," which some investors took issue with amidst falling prices.