I have heard that some high net worth individuals are unloading all their BTC for ETH.
Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.
However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.
Do you think its a good idea to hold more ETH than BTC rn?
If you are believing in hearsay then you're not a trader but just a risk taker ,imagine that you just heard and you'll ready to
Unload your bitcoin?But lets consider that you'll ready to do that the thing is are you ready to lose also?
When bitcoin took the ATH at 20,000 couple years ago Ethereum is pricing 1,400 now that bitcoin reached another ATH that more
Than double of the last ATH yet ethereum is 1,400.
Now tell me is this reasonable? If does then dk it, but please update us in the end of the year if what happens.