Post
Topic
Board Speculation (Altcoins)
Re: will Ethereum catch up to Bitcoin?
by
X-ray
on 19/10/2024, 11:21:18 UTC
It will, but that shouldn't discourage others to invest not only in it, in my opinion Grin Every coin has its cases and usability.
Why need to have one coin when we can have multiple and make money on that?

Some people are maxies, some - don't see value in most of the old coins, not to mention the new ones  Roll Eyes
It's not good or bad, it's just the way it is. And it's normal.
I do think that diversification is great and do see value in other big alts. Old and reliable alts.
I guess the fact that altcoin keep changing position in every bullrun is also what makes some people consider alt just plain scam and decide to be maxi which is fair, anyway if it's coin like ETH, i think it's not just ordinary coin, it has gone through some bullish cycle and has proven to be good enough to still persist with its position as the 2nd most valued alt.

I'd say , ETH is good enough for an investment, specifically crypto investment.

but then again, seeing the performance, it seems investing in BTC is actually enough to make good profit, sometime even more than investing in ETH, so I guess, the opinion to invest in 1 coin is valid.
anyway, I personally like to invest in both, for the sake of diversification.