Do you agree ETH have become seen as less risk asset over BTC?

[Freeveto]

We usually see people go to bitcoin if everything else is unstable,"

@chainalysis CEO @gronager says. But, in today's markets,

"ETH have actually become seen ... as a less risky asset."

He presents this in a chart on "First Mover,"



From the point that Gronager raised between the two Asset and doing my own comparison, I now highlighted this two key points.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.

    Do you agree?


Source.......
https://t.co/82yTA3oaWD

[1715584460]

1715584460

[Charles-Tim]

Do you agree ETH have become seen as less risk asset over BTC?

No. Yet, bitcoin has the highest marketcap and should still be considered less risky, but altcoins like ethereum, litecoin are less risky as well.

"ETH have actually become seen ... as a less risky asset."

But that does not change the fact that ethereum is centralized just like other altcoins. To go for a decentralized coin, go for bitcoin which is the most decentralized.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.

Agreed, but I prefer a coin that has limited supply, bitcoin has only 21 million supply. The qualities I need in a coin, bitcoin has it most.

[hatshepsut93]

ETH lost 10% of its BTC value in last 7 days. It means it fell 10% harder than Bitcoin, when comparing performance of both against USD. This has been the case in every bear market or just price downtrend - alts fall harder than Bitcoin. So idk what that guy was smoking and at which charts he has been looking, because the reality is completely opposite of what he is claiming.

[DoublerHunter]

~snip~

    Do you agree?

^ A big NO.
Look at the market, BTC has a limited circulating supply while ETH we did not know how much the circulating supply is.
And now, look at the market of BTC compared to ETH which is I think it is less risk the BTC compared to ETH. I don't know what was on their mind while writing that article or probably dont know how BTC will work.
Nevertheless, both networks have different features that we cannot compare.

[X-ray]

I can't agree with it. Yesterday i have seen ethereum was loosing even more compared with the bitcoin. That being said that if ethereum can lose even more than bitcoin and so this is still a risky asset even sometime it can lose less compared with bitcoin. I can't fully agree with such statement caused by the reality was telling about the truth and what he was seeing was actually wrong but it was working sometimes. I think that bitcoin is the less risk asset and after that must be ethereum

[NicNacCoin]

In the current situation of the market, everything seems to be very risky. Ethereum Bitcoin has come down the market in such a way that people are afraid to invest.We've all seen the way the market started to go down.We have fallen into a lot of high frustration.Everything seems very risky to us now.

[glendall]

looking at the current market all coins are at risk because as we know the nature of crypto itself is volatile and cannot be a spearhead for investment
Be more careful when making the right decision if you want to invest using cold money

[Kelvinid]

~

Apparently, it was their choice either. We can't change the mindset of the people to choose Bitcoin ever ETH as it was highly recommended here and that fact that Bitcoin is considered as a high gaining investment. Again, it was a market preference, investors had already seen the difference between investing in the two, and Bitcoin getting higher odds.

Well, of course, I have ETH on my list and this one is my favorite among altcoins but I put huge chunks into Bitcoin.
Bitcoin - 60%
ETH - 20%
Others - 20%

[Charles-Tim]

I can't agree with it. Yesterday i have seen ethereum was loosing even more compared with the bitcoin.

To be fear about this, it is true that ethereum is still more volatile than bitcoin and bitcoin should be the best option to go for, but ethereum is less volatile than many other altcoins.

In the current situation of the market, everything seems to be very risky. Ethereum Bitcoin has come down the market in such a way that people are afraid to invest.We've all seen the way the market started to go down.We have fallen into a lot of high frustration.Everything seems very risky to us now.

This is a panic period, many people will not want to invest, but it has gotten to the time of investing because bitcoin will most likely not go below $20000, having strong support at $29000. Even if it's price will decrease further, it should not go below $20000.

looking at the current market all coins are at risk because as we know the nature of crypto itself is volatile and cannot be a spearhead for investment

A risk that is really worth it, 1 BTC is 1BTC, no liquidation but price appreciation.

[rhomelmabini]

I'd say it will still be the asset that has the huge market cap that is less risky and Bitcoin I believe is the asset we are talking in the crypto space. If we are talking to the whole crypto, nothing is a safe haven to be perfectly honest, they will impose great risks.

[5W-KILO]

I don't think so, ETH is a better alternative to Bitcoin that's all, but still Bitcoin is much better store of value over other coins, presently Bitcoin is taking the lead and have recovered faster than other coins on Coinmarketcap, Bitcoin is the best and its not hard to see.

[Zackgeno96]

Nothing in crypto that is less risk. All of the cryptocurrency are risky, have you seen the Terra Luna which is in the top 20 list in coinmarketcap? In less than a day it goes down to 98%+ and any cryptocurrency is not an exemption even Bitcoin and Ethereum but the trust I give to Bitcoin is different, right now all of my coins are in Bitcoins and I know that it is a good investment.

[southerngentuk]

I don't find it reasonable and logical from the explanations of the people the OP is citing. The long-term stability that you evaluate in any respect, but still the most important time is looking at oneness time. We all see and know the popularity of BTC in this market and its influence for many years from birth to present, and if OP thinks BTC volatility cycles are unstable, then even the ETH case you mentioned is something much more volatile. While I consider these to be long-term buys and holdings in this space, we want the stability between them and the fiat to sound like a joke. And remember, what we all want, let's accept and prepare well for the plan so as not to be stuck with financial problems in society.

[tyz]

Do you agree?

No, Bitcoin has lost so much in the days because of Luna and TerraUSD. The "stablecoin" had used Bitcoin as a cover. Due to the massive collapse of Terra, Bitcoin which were bought to cover Terra had to be sold massively, which caused the price of Bitcoin to fall. If Terra had been backed by Eth, then Ether would have been hit hard and not Bitcoin. So I wouldn't say that Ether is the better investment.

[Cadaver20]

Crypto market moves with the rise and fall of Bitcoin. All altcoins like Ethereum follow bitcoin. So Ethereum can never be less risky than Bitcoin. Because ethereum alone can never survive without bitcoin. We can now see that Bitcoin is recovering very fast. A temporary record can never be an example. King will prove it.

[Natalim]

Bitcoin has been known for its volatility rate compared to ETH which makes it high risk but if we talk about long-term asset value, ETH is way too far from it. But this is not how we measure the risk in the market as this does not really matter, investors and traders look for potential profit out from the volatile nature of the market in which Bitcoin does more than ETH.

If I were to choose which one I have to put my money with, of course, I choose Bitcoin. We look for the future possible increase of BTC which I believe was the reason why many choose Bitcoin as well over Ethereum.

[yurez]

"ETH have actually become seen ... as a less risky asset."

I think that Ethereum was and still is more risky and volatile than BTC. This is clearly seen in the example of 2021. The volatility of BTC is much lower than that of altcoins, since the higher the capitalization of the cryptocurrency, the less it is subject to volatility and, accordingly, the less risky.

[Coin_trader]

ETH losses is much higher in percentage compared to Bitcoin during the recent dip. Altcoins typically lose more value than Bitcoin because it's price is highly dependent on Bitcoin sentiment. Ethereum and other altcoin has a greater recovery percentage but doesn't mean that it was less risky than Bitcoin.

Ethereum has much higher supply than Bitcoin even thiugh Ethereum is burning tokens frequently. Bitcoin is still the safest asset aside from stablecoin(except UST and USDT).

[RussianEnglishTranslation]

We usually see people go to bitcoin if everything else is unstable,"

@chainalysis CEO @gronager says. But, in today's markets,

"ETH have actually become seen ... as a less risky asset."

He presents this in a chart on "First Mover,"



From the point that Gronager raised between the two Asset and doing my own comparison, I now highlighted this two key points.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.

    Do you agree?


Source.......
https://t.co/82yTA3oaWD

Bitcoin is a higher risk than Ethereum because it doesn't have smart contract functionality, cannot scale, and is POW, which is being banned. Is Ethereum a good investment? Well, it already increased in value. If you want to get rich you need to invest in something that hasn't mooned yet, like ICP or Celo.

[RealMalatesta]

Crypto market moves with the rise and fall of Bitcoin. All altcoins like Ethereum follow bitcoin. So Ethereum can never be less risky than Bitcoin. Because ethereum alone can never survive without bitcoin. We can now see that Bitcoin is recovering very fast. A temporary record can never be an example. King will prove it.

I disagree, bitcoin could be a lot more riskier than what we are seeing today from ethereum, sure ETH is not above btc yet on marketcap however it's "used" more in the sense that ERC20 network is used. Which means that even though bitcoin has a lot of backing from a lot of different places, we have to accept that ETH is getting the same attention if not more from the tokens using their network.

This is why "one day" it could become less risky to hold ethereum in the future, still doesn't need to be biggest, could stay at second, but that requires it to be a bit more in the line with usage rate and if it's used more then it will be less risky.