ETH vs BTC future growth potential

[Captain Corporate]

I think I agree with people who would say that they are both great because at the end of the day we are talking about a ton of profit to be made by both of them. I understand that not many people would be happy about the current situation because they do not really consider these two as different two things and instead the big increase of the situation for one of them they saw it as the increase together. Thats not really that bad and I agree that it is definitely close to each other enough that it shouldn't matter which one you buy. Just get them both together and even with gas fee issues and all, they will both go up more than others.

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[merekamo]

For Ethereum, it's a bit different as its growth isn't solely dependent on the decline of regular currencies. I think Ethereum's potential lies more in its underlying technology and use cases, like smart contracts and decentralized applications.

But, I can't give you a specific number on how high Ethereum can go, because, you know, the market can be quite unpredictable. But I do agree that its growth seems more gradual and linear compared to BTC.

Regarding your concern about ETH being stopped or confiscated, I mean, it's possible for any cryptocurrency to face issues due to government regulations or exchange attacks. However, Ethereum has a strong community and developers behind it, which I think adds to its resilience.

As for your investment strategy, it's really up to you and your risk tolerance. Personally, I'd consider diversifying between BTC and ETH, like the 0.5 BTC and 5 ETH option you mentioned. Just remember to weigh the risks and potential rewards carefully.

[MIner1448]

It should be noted that all investments are associated with risks, including cryptocurrencies. Therefore, when deciding which cryptocurrency to invest in, you need to take into account not only its growth potential, but also its risks.
Regarding BTC and ETH price growth forecasts, it is worth noting that all such forecasts are only assumptions and cannot guarantee future results.
ETH has its advantages over BTC, as it is not only a cryptocurrency, but also a platform for building blockchain-based decentralized applications. Also, unlike BTC, ETH has a hybrid protection model that provides greater security against attacks on the blockchain.
As far as portfolio diversification is concerned, it may be a good idea to reduce the risks. You can consider investing in other cryptocurrencies such as Litecoin, Ripple, Bitcoin Cash, etc. However, before investing in any cryptocurrency, you need to do your own research and evaluate the risks and potential returns.

[WeThePe0ple]

As for your investment strategy, it's really up to you and your risk tolerance. Personally, I'd consider diversifying between BTC and ETH, like the 0.5 BTC and 5 ETH option you mentioned. Just remember to weigh the risks and potential rewards carefully.

Well

I have a very busy job so I'm destined to be a long term holder instead of a trader. I just don't have the time to really dig into it. Probably not the skills/experience for trading either.

There have been 5 or 6 enormous dips in BTC's price since it was launched. Crashes between 50% and 90%. I don't know if most skilled traders were able to see those coming, and exchange their BTC for cash at that point just to buy back later. If you had managed your BTC portfolio correctly throughout these waves, you could easily triple your BTC assets by the end.

If I hold BTC for more time (let's say a few years), ignore the dips and rises, and end up at a 4x higher price point than what I bought it for, I guess that's okay.
It's probably not optimal but still a better return on investment than leaving my fiat money in a bank. This would be the strategy for BTC

With regards to ETH.. That would also be for long term storage.
However there is a key issue that I'd like to address. I saw some videos of ledger live users receiving spam and other attacks, based on their Ethereum addresses being public and thus attacked by thieves. In that regard, is it smart to keep my BTC and my ETH on 2 separate ledger devices? This way I spread the risk.

Correct me if I am wrong, but if I only store BTC on 1 ledger I have not heard of any attacks on that address.

[KingsDen]

Op is not necessary comparing Bitcoin and Ethereum but rather he is asking about their future growth. While I will agree that bitcoin price is quite higher than Ethereum price, I will also not that I really see where bitcoin and Ethereum move in opposite directions. This means if bitcoin pumps, Ethereum is also pumping. It therefore means that the investment in both has the same risk. And due to bitcoin would always be bitcoin, I would rather make my bitcoin investment bigger than ether investment.
Some times only bitcoin makes the bull but I haven't witness altcoin bull.

[WeThePe0ple]

For Ethereum, it's a bit different as its growth isn't solely dependent on the decline of regular currencies. I think Ethereum's potential lies more in its underlying technology and use cases, like smart contracts and decentralized applications.

But, I can't give you a specific number on how high Ethereum can go, because, you know, the market can be quite unpredictable. But I do agree that its growth seems more gradual and linear compared to BTC.

Can anyone explain why Ethereum is considered as a store of value, despite the fact that the amount of coins to be mined is not finite like BTC?

[darewaller]

For Ethereum, it's a bit different as its growth isn't solely dependent on the decline of regular currencies. I think Ethereum's potential lies more in its underlying technology and use cases, like smart contracts and decentralized applications.

But, I can't give you a specific number on how high Ethereum can go, because, you know, the market can be quite unpredictable. But I do agree that its growth seems more gradual and linear compared to BTC.

Can anyone explain why Ethereum is considered as a store of value, despite the fact that the amount of coins to be mined is not finite like BTC?

I guess it's because it is still an asset? And despite of having an infinite supply its value is still rising. That is because ETH isn't just a meme coin that have no use case. Now that ETH have been upgraded, it's said that its supply is now finite but it might still be higher than Bitcoin. Regular currencies can decline not only because people are selling them for crypto but cryptos can rise not only because of it.

When BTC is rising, ETH can follow it. ETH can sometimes go on its own and its growth seems consistent or huge, that is because it is smaller compared to Bitcoin. Bitcoins growth can be rare but if you are one of the early investor, you can greatly benefit with it compare to any other cryptos.

[tvplus006]

Can anyone explain why Ethereum is considered as a store of value, despite the fact that the amount of coins to be mined is not finite like BTC?

Despite the fact that the issue of ETH is unlimited, after the network switched to PoS, it became deflationary, since the number of coins burned exceeds the number issued. So after the merger, Circulating Supply ETH decreased by 0.14%, which is approximately $1.2 billion.

[bittick]

It can't be denied that the fact that ethereum could helps new project bootstrap their project without the need of deploying their own blockchain is such advantage that make ethereum stands out, and I do agree with the opinion that ethereum could someday surpass bitcoin, the ethereum innovation was indeed very revolutionary, it has created so many things and it's alone could be considered such great achievement.

[bots1]

No one can guarantee if the bitcoin price increases 4x or 33x in the coming years, especially in 2024. These are all just assumptions based on estimates that refer to the occurrence of the bitcoin halving in 2024. Indeed, history says that when the bitcoin halving occurs, the price BTC experienced a very drastic price increase and even set a new ATH record. Likewise with ETH as time goes by the potential for drastic price increases can still occur. But rest assured that both BTC and ETH have drastic growth potential in the future because bitcoin as the parent of altcoins and Ethereum is the king of altcoins that have been tested and have strong fundamentals.

[Freddie Boyer]

Yes, The cryptocurrency world has been growing at an unprecedented pace in recent years, with Bitcoin (BTC) and Ethereum (ETH) emerging as two of the most well-known and widely used cryptocurrencies. I think this topic is interesting, especially in terms of the growth potential of BTC and ETH in the future, of course, both are good investments, it's just that BTC often gets negative sentiment while ETH, although there is, is very rare.

[bitquad]

I hear a lot of voices saying that BTC's price will go through the roof when the monetary system goes down.
I've heard predictions of BTC going 4x in 2024. Others say 33x in years to come.

Is there any estimated guess on how high Ethereum can go?
While the growth of BTC depends on the loss of confidence in regular currencies (dollar, euro..) it seems that the growth of ETH is not dependent on this.
I often hear people talk about BTC value explosion, while it seems that growth of ETH price is more gradual and linear. So basically a lower expected return on investment.

Also, after BTC surviving for more than 10 years and not even the Chinese government being able to stop it, I am quite confident it can not be stopped.
But can ETH somehow be stopped? Confiscated or devalued when exchanges are attacked

The investment I can afford right now is 1 BTC and 1 ETH.
I barely have fixed costs for the next 2 years so I can slowly stack up.
But I don't know if the same amount is better invested in let's say 0.5 BTC and 5 ETH. That will depend on growth potential and safety
Also if the government somehow finds a way to attack BTC, owning 5 ETH can compensate for the other investment that didn't work out.
I would like to diversify, but don't find many suited options to diversify in.

As of today:

BTC VS ETH PERFORMANCE: 2018-2023 (5 YEARS)

BTC = 196.34%
ETH = 166.78%

BTC has outperformed ETH if you consider the past 5 years. If you took $10,000 and bought just BTC exactly 5 years ago you would have had a better return on your investment if you just held it.

BTC VS ETH PERFORMANCE: 2020-2023 (3 YEARS)

BTC = 266.20%
ETH = 875.05%

ETH has outperformed BTC if you consider the past 3 years. If you took $10,000 and bought just ETH exactly 3 years ago you would have had a better return on your investment if you just held it.

Note, at any given time frame these values change. BTC is the ultimate performer since its inception because it started out below $1. But those days are long gone. So moving forward ETH could be outperforming BTC. If the SEC sues the Ethereum Foundation and tries to claim that ETH is a security then it could harm the price of Ethereum in a similar way XRP was held back by their lawsuit. If most governments become critical of POW mining it could affect BTC.

[Xal0lex]

...I will also not that I really see where bitcoin and Ethereum move in opposite directions. This means if bitcoin pumps, Ethereum is also pumping. It therefore means that the investment in both has the same risk. And due to bitcoin would always be bitcoin, I would rather make my bitcoin investment bigger than ether investment.

Not always. Ethereum can often grow nicely at times when bitcoin is falling or in sideways motion. These two assets do not have a clear correlated movement between them, and there are times when they move in completely different market directions. You can buy both assets for your portfolio and it will be a good diversification. So when someone says that ETH moves after bitcoin, it's a fallacy.

[ningrum]

...I will also not that I really see where bitcoin and Ethereum move in opposite directions. This means if bitcoin pumps, Ethereum is also pumping. It therefore means that the investment in both has the same risk. And due to bitcoin would always be bitcoin, I would rather make my bitcoin investment bigger than ether investment.

Not always. Ethereum can often grow nicely at times when bitcoin is falling or in sideways motion. These two assets do not have a clear correlated movement between them, and there are times when they move in completely different market directions. You can buy both assets for your portfolio and it will be a good diversification. So when someone says that ETH moves after bitcoin, it's a fallacy.

I agree with that and regardless Ethereum is well worth buying,
Ethereum is a promising asset which will be profitable so don't hesitate to buy or invest in it,
what is clear is that we cannot equate the movement between Ethereum and Bitcoin.

[AmoreJaz]

No one can guarantee if the bitcoin price increases 4x or 33x in the coming years, especially in 2024. These are all just assumptions based on estimates that refer to the occurrence of the bitcoin halving in 2024. Indeed, history says that when the bitcoin halving occurs, the price BTC experienced a very drastic price increase and even set a new ATH record. Likewise with ETH as time goes by the potential for drastic price increases can still occur. But rest assured that both BTC and ETH have drastic growth potential in the future because bitcoin as the parent of altcoins and Ethereum is the king of altcoins that have been tested and have strong fundamentals.

the good thing about these 2 platforms is that they are actually the valuable ones in this market. so if you want to diversify your portfolio, you can always include these 2 in your vault. as compared to most alts, these 2 have very good assurance of not screwing your funds.
so why not take advantage of holding these 2. we can always compare but it is known that up until now, they are the top choices when it comes to holding for long-term purposes.

[touseefahmad1999]

It's important to understand that predicting the future price of cryptocurrencies is always a speculative exercise and there are no guarantees on investment returns. That being said, there are several factors that can influence the growth potential of Ethereum.

Firstly, Ethereum's use cases extend beyond that of Bitcoin. While Bitcoin is primarily viewed as a store of value and a potential hedge against traditional fiat currencies, Ethereum is seen as a platform for decentralized applications (dApps) and smart contracts. As more developers build on top of the Ethereum platform, demand for the underlying ETH token could increase, potentially driving up its price.

Secondly, the upcoming Ethereum 2.0 upgrade is expected to significantly improve the scalability, security and efficiency of the network, which could increase adoption and demand for ETH.

It's worth noting that Ethereum's growth potential is also subject to market conditions, regulatory changes and potential security risks. While it's unlikely that ETH could be confiscated or devalued in a similar way to traditional fiat currencies, there have been instances of exchanges being hacked in the past which resulted in significant losses for investors.

As for diversification, it's generally a good idea to spread your investments across multiple assets in order to reduce risk. However, the specific allocation that works best for you will depend on your personal investment goals and risk tolerance. It's important to do your own research and seek professional advice before making any investment decisions

[merekamo]

From my perspective, it's true that BTC's price is often discussed with more explosive growth potential compared to ETH. I think this is because BTC is seen as a store of value, like digital gold, and its price is more influenced by the confidence in traditional currencies.

For ETH, I believe its growth is less about monetary system collapse and more about its technology and the increasing adoption of decentralized applications (dApps) and smart contracts. So, it's more of a gradual and linear growth, as you said.

Now, about the possibility of ETH being stopped or confiscated, I think it's important to keep in mind that Ethereum, like Bitcoin, is decentralized. While it's not impossible for governments or other entities to attack exchanges, I'd say it's unlikely for the entire Ethereum network to be stopped or confiscated.

When it comes to investing, it's really subjective and depends on your risk tolerance and investment horizon. For me, I'd diversify between BTC and ETH, because they have different growth potentials and use cases.

[kelonmusk]

Regarding the predictions for BTC's price, it's important to keep in mind that these are just estimates and not necessarily guaranteed to come true. However, I do think that there is some truth to the idea that BTC's price could see some significant growth in the future, especially if the traditional monetary system experiences a major downturn.

As for Ethereum, it's difficult to say exactly how high its price could go. While it doesn't necessarily rely on the loss of confidence in traditional currencies like BTC does, it still has the potential for growth as more and more people begin to see the value in decentralized technologies.

I would suggest keeping an eye on developments in the Ethereum community and the wider blockchain space to get a better sense of where its price might be headed.

In terms of the difference in growth potential between BTC and ETH, I think it's true that BTC has seen more explosive growth in the past, while ETH's growth has been more gradual.

However, this doesn't necessarily mean that one is a better investment than the other - it really depends on your individual investment goals and risk tolerance. If you're unsure of where to invest beyond BTC and ETH, you might consider looking into altcoin.

[fuguebtc]

If we talk about investment and profit. I will confidently say that investing in ETH will yield better returns than BTC in the next bull season. That is not to say that BTC has no potential or is weaker than ETH, simply because bitcoin is getting bigger and more stable, its returns cannot compare to ETH.

BTC is safer than ETH, ETH still has certain risks because it is more centralized, but in terms of return will definitely be better than BTC. We are at the bitcoin forum, and most people here love bitcoin more than altcoins, so we will hear very little about ETH's profit potential. But to be fair, ETH will outperform BTC.

[arufox]

It is very difficult to accurately predict the future growth of ETH and BTC. However, although difficult, we can at least assume that the future growth of ETH and BTC will be even better. This is based on the history and adoption rate of ETH and BTC and also both Ethereum and Bitcoin have very strong fundamentals which are difficult for any coin to shake.