Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: Is BCH, BSV more profitable than Ethereum?
by
Finestream
on 28/01/2020, 13:13:17 UTC
Quote from: pikkie on January 28, 2020, 08:01:02 AM
Quote from: Botnake on January 28, 2020, 07:28:43 AM
Quote from: monineklutak on January 27, 2020, 10:38:30 PM
but for the price of Ethereum it hasn't been able to be good for 2 years, rest assured someday Ethereum can recover
how about other altcoins too? They are also struggling right?

All of the altcoins are affected, but when we ask which is more profitable among the 3, obviously it's BSV for now.
However, if we computed its ATH profit, I think ETH would win in the competition.

I have an information here computing their starting price against their ATH when they first listed in CMC.

BCH - started $540 and ATH was $3400
BSV - Started $53 and ATH was $340
ETH - Started $.64 and ATH was $1300

clearly it was ETH which was the most profitable in overall.
although the data you provide shows the most price increases are ethereum but you should be able to see how the current conditions of ethereum prices, movements of rising and falling prices I see ethereum does not have too much movement and now I see Bitcoin Cash and Bitcoin SV which have movements very good prices, so in my opinion the most profitable is Bitcoin Cash and Bitcoin SV supported by a supply that is increasingly thinning will make the price potentially expensive.

He was able to state that BSV is the most profitable for now, basically means that this year so far.
The example he posted was based on the overall price profitability and it was clear ETH is way more profitable, hence, it's just normal that ETH has suffered more because the pump that ETH had in the past was maybe due to hype and the value was overprice, hence it needed a correction.