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.
It's common knowledge that you can make more money investing in the right small caps and new projects than by buying Bitcoin for example. During the next bullrun we might get a 4x, that would be 100k usd. Nice right? Well yes and no. If you instead invested in something new, like QUAI or Q Blockchain and they went from .33 usd to 33 usd and you invested 1k usd, then you would have 100x'd your money and turned 1k into 100k. Not too shabby right? The trick is finding the right project. For me, my altcoin gems are Bird, 0xMR, UTNP, and Q Blockchain. I did invest in a lot of stinkers in the past though, like Aloha and MAXX but you don't have to win them all to have life changing wealth, it only takes one moonshot!