Ethereum will not be a core position in the gm Portfolio anytime soon. Why not?

First, it’s too big already with a current market cap of around ~$215B at the time of writing. It will certainly perform well in a bull market and may be the safest crypto of them all, but it’s much harder for a wave to move an aircraft carrier than a sailboat.

Second, everyone will have Ethereum in their portfolio. Where is the fun in that?

Ethereum may be a part of the gm Portfolio eventually, but only late in the bull cycle.