Is it the time to buy ETH instead of BTC?
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I am a bit worried that the price will increase but not of BTC but of the Ethereum because of its demand in the market. Like every other ICOs who are new in the market wants ETH in exchange for their tokens
These days, most ICOs are accepting BTC and several other currencies as well. The phase where ICO demand led to increase in demand for ETH has more or less subsided. Like so many of the old people on this forum, I too am coming around to the fact that most ICO's are very unreliable.
People are just looking to flip profits as soon as they list. Those betting on ETH because of ICOs should look at the percentage of ICOs that are actually more than a telegram/reddit group with a Medium blog as an announcement channel. It has become way too easy and there are no signs to show that the money is being put to good use.
Under such circumstances, betting on ETH would be very risky.
BTC on the other hand is continuing to do what it does best. Decentralized innovation with L2 scaling solutions, sidechains and more privacy. It still has the most well-tested code base and the most robust network out there. Betting against it for ETH would be foolish.