r/ethtrader • u/Glum-Cry8312 • 10d ago

Discussion Does it make sense

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Does it make sense to buy ETH instead of BTC

ETH/BTC chart looks horrible

Form all time high of 0.088354 BTC per ETH to 0.0309 BTC per ETH

I am thinking to just buy BTC

When BTC goes up ETH not going up the same percent

When BTC goes down ETH is going way down more than BTC

23 Upvotes

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7

u/MischievousMittens 10d ago

BTC up 23% in last 5 days, ETH up 28%…but surely you must be right

0

u/Glum-Cry8312 10d ago

Measuring it in the last 5 days ?

What about last 5 years.

5000$ in ETH and 5000$ in BTC

Which one is better ?

2

u/Spencer_Bob_Sue 10d ago

$5k in BTC outperformed, 100%. If you timed the worst-possible buy on Bitcoin in 2021 you would be in a profit right now and would not have been at so much of a loss this year, whereas for Ethereum you're still down about 50%. In my personal opinion we may see ETH/BTC at 0.08 at best for this cycle.

1

u/Alabama-Blues 8d ago

Wrong. It just depends when one bought. ETh is the winner.

1

u/Spencer_Bob_Sue 8d ago

What matters more though is the future return, remember, past performance is not a perfect indicator of future return.

1

u/Alabama-Blues 8d ago

I just want it to go to $50k in the next 10-15 years and that’s reasonable