IIt has been a while now that the Ethereum network is planning a migration from its current Proof-of-Work (PoW) to Proof-of-Stake (PoS). However, after much delay, the Ethereum developers finally have the merger scheduled for September.
Hence, the various outcomes after the Ethereum merger are being looked upon by traders and investors.
Earn Hardfork Tokens
Staying on your ETH is the first possible strategy to earn Hardfork Tokens. For this, traders should deposit their Ethereum (ETH) in the spot market and keep it in any exchange platform or wallet they wish. Then they must wait patiently for the upcoming PoW tokens.
Earlier in 2017, bitcoin was forked to bitcoin cash where BTC holders held the same number of BCH. At the time, BCH was trading around $1,650 per coin.
On the other hand, the Ethereum PoW tokens may not see a pump or dump pattern immediately after the launch.
Lengthen your ETH while shorting the futures
Not all traders and investors in the region are positive about the Ethereum merger. Therefore, all those market participants who are not completely confident can consider hedging.
This means that one should long Ethereum and at the same time they should hold a short position in futures or option contracts. This move will protect them against the losses if ETH decides to correct.
stick to stable coins
Investors who do not want to risk trading merges and receive free PoW Hardfork tokens can choose to hold stablecoins and trade with the flow. This will see market participants trading either daily breakouts and breakdowns.
However, there are also a few traders who believe this Merge to be buy the rumor sell the news kind of event while a few others expect the price to decline after the Merge.
Therefore, traders and investors should do a proper research before planning their strategy.
