Post
Topic
Board Speculation (Altcoins)
Re: Is ethereum still a viable alternative to Bitcoin?
by
Vaculin
on 13/01/2022, 13:43:07 UTC
Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.
you should look for alts if you really want to make quick profits because to be honest bitcoin and ethereum right now isn't suitable for that way since we are still at the bear market. Perhaps unless if you use futures trading because you can shorting despite of the situation.
That's wrong, when we are talking of a bear market, it's not only bitcoin will dump but the altcoins as well. In fact, looking at the history, bitcoin will dump but altcoins will dump more, so there's no chance you'll profit from investing altcoins, smart investors will choose a stable coin to prevent loses.