Bitcointalk username: Jonell Profile link: https://bitcointalk.org/index.php?action=profile;u=1424355 Native language: Swedish Part of the bounty you apply for: WP Telegram: @jonellcrypto Ethereum address: 0x6CE288cDA89C686D5112dF12F16E6b21A5588b00
The market cap of gold is close to $8,000,000,000,000. If Bitcoin eventually replace gold as the standard store of value for investors (not saying that it will), it has to to increase to around $450.000 in value.
Personally, I invest an amount where my FOMO meets the amount that I’m somewhat ready to loose. This make me feel good when to market increases and not to panic when it decreases. I realized that the feeling if missing out on an investment feels practically as bad as seein an investment decrease in value.
basically ethereum is as good as bitcoin and the price is cheaper than bitcoin. which is clearly equally good to have until the end of the year if you buy it now.
There is really no point in comparing two coins with totally different areas of usage
This selling that caused a lot of the drop is primarily coming from people taking their funds out of Upbit as they are concerned due to the recent raid. They will most probably go to other exchanges and buy there, which will result in that the markets turns green again in a near future.