Agios (OP)
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August 07, 2020, 02:30:36 AM |
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Here are three reasons why trade Ether (ETH) as an alternative to Bitcoin trading. First, portfolio diversification when the market is in a sideways condition. In fact the sideways phenomenon is common in any asset market. Second, ETH has a high trading volume that competes with Bitcoin and USDT, including its market capitalization which is second only to Bitcoin. Third, ETH Ethereum's performance is better than Bitcoin in 2020. In the midst of global market turmoil affected by COVID-19, in general crypto assets are still relatively stable compared to the stock market.
ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002. In fact, in the first semester of 2020, ETH emerged as the winner ahead of Bitcoin in terms of ROI by a 75 percent increase.
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Yogee
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August 07, 2020, 02:45:31 AM |
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....... Second, ETH has a high trading volume that competes with Bitcoin and USDT, including its market capitalization which is second only to Bitcoin.
Eth has one of the highest trading volume but it doesn't compete with btc or usdt. Coingecko's 24H data: Eth - $11.1 million Btc - $21.1 million Tether - $27.3 million ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002.
Hey, what do we have here? Bitcoin genesis block was mined in January 2009. Ethereum was launched in July 2015. It just celebrated its fifth year and here you are saying it already existed in 2002 or maybe earlier. Typo?
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bits4books
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Crypto is not a religion but i like it
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August 07, 2020, 06:06:12 AM |
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You can shorten the entire post to two words - diversification and convenience-and it will not lose its meaning. I think it's time to stop looking at btc as a sacred cow and go forward. Yes, BTC gave us a lot but his time is already running out and within the market, he is already like an old grandfather who constantly says to everyone "now I will get up from my chair and hit you with my stick". Sometimes it even tries to do this but… Its not the best solution on the market
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DoubleEdgeEX
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August 07, 2020, 07:41:00 AM |
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All this that vs. this BS! It´s not Bitcoin vs. gold, nor is it Bitcoin vs. Ethereum. It´s all together for a healthy asset allocation and a balanced risk profile
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tbterryboy
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August 07, 2020, 07:20:22 PM |
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Yeah, it is already at around 400 bucks right now and we are talking about pandemic and everything going bad and this is just the start of things for ethereum, we are talking about ethereum having like proof of stake situation as well and that will cause ethereum to go up even more.
So, we are talking about a situation where things will get even better for ethereum, I would say investing into ethereum is a lot more important than trading with ethereum, however if you trade with ethereum with the goal of having more ethereum that is a great idea and would definitely profit you in the long run. I believe ethereum is a lot better than USDT, it is not really all that well to keep all of your crypto with usdt, bitcoin is stand alone as well, so ethereum is a great addition.
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kindbtc
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August 07, 2020, 07:43:44 PM |
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I hold and support both btc and eth. Infact i want to buy and hold all the legit coins because as a part of this community and supporting this technology we should appreciate and respect all good projects and we can do that simply by buying and holding them and you know what can be better than this that you will be able to profit and cashout alongwith the success of each project.
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Kang TB
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August 07, 2020, 09:25:05 PM |
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Here are three reasons why trade Ether (ETH) as an alternative to Bitcoin trading. First, portfolio diversification when the market is in a sideways condition. In fact the sideways phenomenon is common in any asset market. Second, ETH has a high trading volume that competes with Bitcoin and USDT, including its market capitalization which is second only to Bitcoin. Third, ETH Ethereum's performance is better than Bitcoin in 2020. In the midst of global market turmoil affected by COVID-19, in general crypto assets are still relatively stable compared to the stock market.
ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002. In fact, in the first semester of 2020, ETH emerged as the winner ahead of Bitcoin in terms of ROI by a 75 percent increase.
the simple reason for me to trade ethereum as an alternative to bitcoin trading because ethereum is the second best cryptocurrency in coinmarketcap list and known as the best altcoins now, and the volume is good in any exchange too
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tabas
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August 07, 2020, 10:17:39 PM |
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ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002.
2002? You can choose between ETH or bitcoin if you want to trade. Both are good for trading as they are very good in volume. In which coins you are good in trading, practice and stay on it.
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oscarftw
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August 07, 2020, 10:46:05 PM |
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If we started to believe in trade in every coin in all coins, after the price pump. The main reason for pumping Ethereum is 2.0 Ethereum. All the top coins will return our profit after a big announcement like Vechain. Today the Ethereum price fell, even more price than Bitcoin. Actually the BTC- Ethereum pair is also my favorite for high volume.
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Lordhermes
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August 07, 2020, 11:26:51 PM |
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In which coins you are good in trading, practice and stay on it.
This is traders main problem here in the game, stick to what works for you as simple quote on finger tips, I have discovered when I was a day trader, I lost when I divert my trade to other coin because I'm out of my favourite seeking for already dumped coin to buy not knowing from the indepth trend of the coin, I learnt my lesson immediately to stick to coin you know it progresses.
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Kehindem
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August 08, 2020, 12:00:13 AM |
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though as matter of fact dont know much as stability of the the two as such, but ever since have know about crypto currency ethereum always thrive more in the market am not comparing them in respect of price ooo because is glaring that bitcoin is more costier than eth, am talking in respect of growth especially. though is bitcoin i have first know.
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bgaf
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August 08, 2020, 03:09:34 AM |
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ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002. In fact, in the first semester of 2020, ETH emerged as the winner ahead of Bitcoin in terms of ROI by a 75 percent increase.
I have no doubts that eth is one of the best performing altcoin and so far the top 1 in the race. But what I dont like about them is they continously increase the fee as you used the network and this will continue as eth price increases. Its like following the footstep of bitcoin, but what I like about them is the diversification of use case eth can offered. They are a smart contract uses in defi system and has been used on IEO till now. So its usefulness has no bound. Compared to bitcoin which only uses the traditional payment system.
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michellee
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August 08, 2020, 04:24:36 AM |
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Ethereum will be an alternative to trading as we have so many ethereum pair altcoin available in many exchanges. Yesterday, I was discussing with one of my friends who tried to trade ethereum pair altcoin. He said that he could make a profit in ethereum by trading, and he still tried to make more ethereum. Many altcoins, which are paired with ethereum, have good movements, and sometimes, the price can jump higher. But bitcoin pair altcoin still is the main choice for many traders because they see the chance to make a bigger profit.
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shadowduck
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August 08, 2020, 09:49:32 AM |
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Ethereum will be an alternative to trading as we have so many ethereum pair altcoin available in many exchanges. Yesterday, I was discussing with one of my friends who tried to trade ethereum pair altcoin. He said that he could make a profit in ethereum by trading, and he still tried to make more ethereum. Many altcoins, which are paired with ethereum, have good movements, and sometimes, the price can jump higher. But bitcoin pair altcoin still is the main choice for many traders because they see the chance to make a bigger profit.
it seems to me that trying to trade altcoins is a very risky attempt. the easiest way is to hold coins and not sell them until the time comes. trading altcoins can bring you very large losses
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terizla
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August 08, 2020, 12:51:49 PM |
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I have other reason why ether is more alternative for trading than btc. I think this is the fee in trading. For rich people is don't care about trading in btc, but i think btc is good for holding than trading.
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Akiko
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August 08, 2020, 12:56:38 PM |
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You only see what ETH gain this year but you forget how hard it is when the market crash from 2018 to early this year .
Risk is the same and I don't see any advantage using ethereum compared to BTC and besides bitcoin is much more secure from price drop if you check the graph from past year compared it to ETH.
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rajakulam
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August 08, 2020, 02:13:14 PM |
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ETH remains under the movement of BTC, because when BTC is sleeping ETH will be very difficult to get up, so if ETH is better than BTC, I think that's a wrong idea.
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akram143
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August 08, 2020, 02:26:12 PM |
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Here are three reasons why trade Ether (ETH) as an alternative to Bitcoin trading. First, portfolio diversification when the market is in a sideways condition. In fact the sideways phenomenon is common in any asset market. Second, ETH has a high trading volume that competes with Bitcoin and USDT, including its market capitalization which is second only to Bitcoin. Third, ETH Ethereum's performance is better than Bitcoin in 2020. In the midst of global market turmoil affected by COVID-19, in general crypto assets are still relatively stable compared to the stock market.
ETH is also one of the crypto assets that managed to recover and be stable after the market crash in March 2002. In fact, in the first semester of 2020, ETH emerged as the winner ahead of Bitcoin in terms of ROI by a 75 percent increase.
Bitcoin still got the more trading volume but I don't think liquidity is an issue to choose one over other because both got trading volume in billions.And in recent time only ethereum shown good profits but most of the time bitcoin has been in that phase so for a short term then ethereum is good but for longterm bitcoin holds the edge.
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shoreno
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August 08, 2020, 02:27:14 PM |
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interesting info i was looking if you include the reason of cheaper fees but i havent found it here . im not a trader and i didnt know that eth is first when it comes to trading volume , all the time i thought btc is the overall king when it comes to volume , price , etc . eth is best for diversification versus other coins but when it comes to recovery , nothing beats btc but its true that eth is more stable than btc . still i think there are coins out there that is better to trade compare to eth and btc
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Eddyc
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August 08, 2020, 02:55:09 PM |
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Unfortunately I don't agree with the theme and reality and as much as Ethereum has the second largest daily volume this is not enough to overcome the volume of Bitcoin. In my opinion and analysis, we can look at Ethereum as a second option to not completely saturate the market, giving opportunity for other projects.
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Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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