Is it better to buy Bitcoin than Ethereum!?!
As we all know Bitcoin is deciding where the market will go!
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to buy at the right time than to buy at the right price!" - Samoto
Why?
Cause with the right time, you can use the power of interests compounding and thus getting much higher profits.
Imagine you earn 100% profit on BTC and then you put it in ETH and you earn 100% in that one also.
It compounds into 400%! Is it harder to expect BTC making 400% or BTC and ETH making "only 100%"?
Sure this is just a hypothetical example but if you check up the graph closely you will see that you can use the same logic.
Imagine selling BTC when it peaks and putting (some of that) funds into ETH. If and when ETH peak is delayed you can use both for maximizing your profits.
Are you buying BTC right now or are you thinking of buying some more ETH? ;-)
Now, the interesting calculation: How many times do we need to double our money to get from 2k$ to 1mio$?
Believe it or not, it's just 10 times! Compound interest is great if you can use it in your favor. Much better than banks using it against you!
This is just an idea. It's not investment advice!
However, if you like it you can follow me and get to know more ideas like that.
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to buy at the right time than to buy at the right price!" - Samoto
Why?
Cause with the right time, you can use the power of interests compounding and thus getting much higher profits.
Imagine you earn 100% profit on BTC and then you put it in ETH and you earn 100% in that one also.
It compounds into 400%! Is it harder to expect BTC making 400% or BTC and ETH making "only 100%"?
Sure this is just a hypothetical example but if you check up the graph closely you will see that you can use the same logic.
Imagine selling BTC when it peaks and putting (some of that) funds into ETH. If and when ETH peak is delayed you can use both for maximizing your profits.
Are you buying BTC right now or are you thinking of buying some more ETH? ;-)
Now, the interesting calculation: How many times do we need to double our money to get from 2k$ to 1mio$?
Believe it or not, it's just 10 times! Compound interest is great if you can use it in your favor. Much better than banks using it against you!
This is just an idea. It's not investment advice!
However, if you like it you can follow me and get to know more ideas like that.
Comment:
Usually, ETH rises more and falls more also than BTC.
Comment:
Short term bumps on ETH/BTC cross can be used for optimizing profits although they are more riskier than waiting for the midterm bull to take over which is more safe train to catch. Here is an example of how that happened in the previous bubble cycle and sooner or later it just might repeat itself again. It just looks like it will happen faster this time.
