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Topic: Do you agree ETH have become seen as less risk asset over BTC? (Read 301 times)

sr. member
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I have to admit it's a fact. Although bitcoin was the originator of the first cryptocurrency coin but did not have as many utilities as ethereum, it can be said that bitcoin got the first rank on coinmarketcap because of community support alone but could not develop further the technology. While ethereum is still developing until then and anyone can contribute to developing ethereum. It should just be a utility bitcoin under ethereum.
hero member
Activity: 1680
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Trphy.io
don't agree with what you said I think bitcoin has a low risk where btc is only one and all coins follow it including ETH and altcoins in its network where the price of bitcoin if it falls can be recovered easily not with ETH which follows the BTC value and that takes time long
What you said is clearly true because it happened very often in the past and also at this time when Bitcoin started to decline, for some reason other altcoins like ETH also experienced a decline, even though Ethereum generally didn't have any problems in the market but still fell when BTC is starting to drop in price.
full member
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I think crypto always has a high risk opportunity, currently the volume of ETH transactions is increasing, if all ETH tokens are collected, they have dominated the market more than 65%, so when there is a market correction, anything can happen.
member
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of course because ethereum more programmers are contributing thanks to ethereum being open source and easy for everyone to understand. Compared to bitcoin only being developed by certain people, there is not even a tutorial or documentation that explains how to become a bitcoin developer. Although ethereum is currently still below bitcoin for its ranking, its utility and community can already be won by ethereum, maybe in the future bitcoin will only rank first but actually ethereum is very useful.
hero member
Activity: 1932
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Vave.com - Crypto Casino
I agree. Ethereum is more developed than bitcoin, ethereum is open source so that everyone can be a part of the ethereum program itself. This makes ethereum will not die until the future. But bitcoin has a priceless history as the originator of the first crypto coin will remain number 1 here. It's just that not everyone can develop it easily, some sources obtained about bitcoin are very low, even bitcoin can't create smart contracts to make it easier for programmers to create tokens there.
legendary
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not really. Seeing today bitcoin greatly affects the price of altcoins, then I feel that ethereum has the same risk, or even greater than bitcoin. however, sometimes bitcoin price drops are so large that they have an effect on the prices of other altcoins, even ethereum. if possible, I might be more inclined to choose bitcoin over ethereum as a long term investment. it's just, the price of bitcoin is too big. other than that, ethereum still has some problems that need to be resolved. it's just that, apart from that, bitcoin and ethereum are still classified as investment recommendations in the crypto world. choosing one is not a problem. it's just that, when it comes to risk, I think both have the same risk.
hero member
Activity: 2268
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You own the pen
No, when compared to BTC but to the other altcoins out there, yes! of course, because it gains lots of improvement and people preferred it now rather than investing in random new tokens that are always failing like Terra Luna. If you want some less risky investment nowadays, you need to stay away from those new tokens that are emerging mimicking some old project idea because most of the time they failed to do so, and the resulting loss of your investment that will not recover forever. Better to stick to investing in the top coins in the market to be safe and more long-lasting.
hero member
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I am terrible at Fantasy Football!!!
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it has been noticed that BTC is highly volatile compared to the others but the potential gains are high that is why even if it corresponds with high risk the majority will still be choosing this over ETH. And as the next halving comes again, we might expect another ATH to both ETH and BTC. I can really feel that people are anticipating this (halving), it is something that had been in their mind of what happened the last halving will be the same for the next.
There is a big hurdle for ETH to cross, they are taking a risky route of migrating their consensus protocol and the expectation of scaling. These things should be successful and if there is any mishap while migrating then you would not see ETH rallies when the next bull happens after the halving.
The sole reason the price of ETH rallied is because of the migration and only time will tell what will happen to all the hype it created.
Ethereum developers are probably aware of the great risks that they took by changing from POW to POS, but now there is not any way to turn back, if at some point they decided to go back to POW then everyone will know that years of effort were wasted on this, so they have no option but to move forward which has its own set of issues, because if a hacker is able to find a single vulnerability then ethereum could crash so fast that many people will be unable to deal with it and they will accumulate huge losses because of it.
legendary
Activity: 2492
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I dont agree that Ethereum is less risky than Bitcoin. My main point is that the creator of Bitcoin is anonymous, and we all are familiar with Vitalik Buterin. He is rather extravagant personality. Ethereum is very dependable of what Buterins vision of the world. One day gears in his head will move and he can make a statement that will destroy Ethereum reputation. He can make one little tweet and Ethereum could lose hundreds or thousands in value. With Bitcoin, nothing of that kind can not happen, it is more undependable and independent.
legendary
Activity: 2660
Merit: 1074
So from the above points, I my opinion i see that ETH is more likely to be seen as Risk asset over BTC because it has a fixed supply thus it's deflationary and It increases everyday unlike BTC which halves every four years that becomes more scarce asset.

In my personal perspective and experience I have definitely supported both assets, but I can't seem to predict if one will be a better investment , what more it will raise more within this coming year and beyond.
I don't know if this is true but they say that ethereum has an unknown supply. It's supply can be higher to what is currently known in the public so there is a possibility that this coin's value cant grow higher and it can also drop more than expected. That makes this coin risky in the long run but as of now, the public has a confidence for this coin because its value is stable and somehow steadily growing.

Bitcoin on the other hand is the one that has a fix supply, it was 21 million. At the moment I can say that both are good investment but I think bitcoin has a better and brighter future than ethereum based on the reasons that I state earlier.
legendary
Activity: 2282
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it has been noticed that BTC is highly volatile compared to the others but the potential gains are high that is why even if it corresponds with high risk the majority will still be choosing this over ETH. And as the next halving comes again, we might expect another ATH to both ETH and BTC. I can really feel that people are anticipating this (halving), it is something that had been in their mind of what happened the last halving will be the same for the next.
There is a big hurdle for ETH to cross, they are taking a risky route of migrating their consensus protocol and the expectation of scaling. These things should be successful and if there is any mishap while migrating then you would not see ETH rallies when the next bull happens after the halving.
The sole reason the price of ETH rallied is because of the migration and only time will tell what will happen to all the hype it created.
legendary
Activity: 1974
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Free Free Palestine
Disagree, ethereum is one of the least risky altcoins but it is not comparable to bitcoin. I think this guy is a bit confused here.
Bitcoin is still king and any volatility in bitcoin will always affect all remaining altcoins, so it cannot be said that ETH or any altcoins can be less risky than bitcoin.
Cryptocurrencies are inherently risky so invest with your idle money and it's best to diversify your portfolio like cryptocurrencies, stocks, real estate...
sr. member
Activity: 1330
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don't agree with what you said I think bitcoin has a low risk where btc is only one and all coins follow it including ETH and altcoins in its network where the price of bitcoin if it falls can be recovered easily not with ETH which follows the BTC value and that takes time long
hero member
Activity: 3010
Merit: 666
I doubt it, with 22 million BTC limited supply is reason why alt season explodes after each BTC halving.
It's a 21million BTC total supply Cheesy

Quote
There is a straight correlation between BTC and Eth that have been network for many altcoins. In the next bull season, there is a possibility to see ETH over $10k price point but BTC will stay as less risky asset due to mentioned factor.
it has been noticed that BTC is highly volatile compared to the others but the potential gains are high that is why even if it corresponds with high risk the majority will still be choosing this over ETH. And as the next halving comes again, we might expect another ATH to both ETH and BTC. I can really feel that people are anticipating this (halving), it is something that had been in their mind of what happened the last halving will be the same for the next.
hero member
Activity: 2436
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Cryptocasino.com
I think aside from the fact that ETH is burning its coin every day, the growth of market capitalization and its trading volume added with so many quality projects emerging in the platform that quite literally increase the demand for ETH also have big roles.
I do agree with the fact that ETH has become rather less “risky” and is at the same level of BTC and maybe even better investment option for some people based on their preference.
but need to know as well that the market is still pretty much dictated by bitcoin and its market movement.
hero member
Activity: 2100
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Leading Crypto Sports Betting & Casino Platform
Who won't be afraid of the volatility? That makes people migrate on a more stable asset but they forget the fact that btc is also one of the most volatile assets. This is what happening lately where btc value goes up and down non stop. I think the people that hide on btc are now leaving on btc again to look for a much stable asset.  Eth is more stable than in btc but there's still risks that entails with this coin.

It is more centralized and there are issues with its fees, which is why many people are avoiding this coin. On your comparison we can see that both assets are deflationary which is a good thing but there's a long wait for btc if you are expecting for more gains.
sr. member
Activity: 2086
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Vave.com - Crypto Casino
The two coins are indeed now less risky coins for us to make as long-term or short-term investments compared to thousands of other coins on the market because Bitcoin and Ethereum have so far received high trust from the public so that when there is a decline in price then usually will quickly rise again when the bull market has returned.
member
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From the point that Gronager raised between the two Asset and doing my own comparison, I now highlighted this two key points.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.


So from the above points, I my opinion i see that ETH is more likely to be seen as Risk asset over BTC because it has a fixed supply thus it's deflationary and It increases everyday unlike BTC which halves every four years that becomes more scarce asset.

In my personal perspective and experience I have definitely supported both assets, but I can't seem to predict if one will be a better investment , what more it will raise more within this coming year and beyond.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
ETH lost 10% of its BTC value in last 7 days. It means it fell 10% harder than Bitcoin, when comparing performance of both against USD. This has been the case in every bear market or just price downtrend - alts fall harder than Bitcoin. So idk what that guy was smoking and at which charts he has been looking, because the reality is completely opposite of what he is claiming.
It is just misinformation like always, anyone that takes the time to look at the charts from time to time can see that ethereum and the whole altcoin market drops harder than bitcoin, maybe someone could find some exceptions but that is by far the most common scenario, so this is nothing more but an attempt to try lure traders and investors to ethereum by spreading false information or the person quoted by the op simply does not know what he is talking about.
hero member
Activity: 2520
Merit: 952
The older the chain, the more security. In this way, Bitcoin >> ethereum or any other chain, forever.
legendary
Activity: 2338
Merit: 1124
Crypto market moves with the rise and fall of Bitcoin. All altcoins like Ethereum follow bitcoin. So Ethereum can never be less risky than Bitcoin. Because ethereum alone can never survive without bitcoin. We can now see that Bitcoin is recovering very fast. A temporary record can never be an example. King will prove it.
I disagree, bitcoin could be a lot more riskier than what we are seeing today from ethereum, sure ETH is not above btc yet on marketcap however it's "used" more in the sense that ERC20 network is used. Which means that even though bitcoin has a lot of backing from a lot of different places, we have to accept that ETH is getting the same attention if not more from the tokens using their network.

This is why "one day" it could become less risky to hold ethereum in the future, still doesn't need to be biggest, could stay at second, but that requires it to be a bit more in the line with usage rate and if it's used more then it will be less risky.
jr. member
Activity: 840
Merit: 6
We usually see people go to bitcoin if everything else is unstable,"

@chainalysis CEO @gronager says. But, in today's markets,

"ETH have actually become seen ... as a less risky asset."

He presents this in a chart on "First Mover,"



From the point that Gronager raised between the two Asset and doing my own comparison, I now highlighted this two key points.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.

    Do you agree?


Source.......
https://t.co/82yTA3oaWD
Bitcoin is a higher risk than Ethereum because it doesn't have smart contract functionality, cannot scale, and is POW, which is being banned. Is Ethereum a good investment? Well, it already increased in value. If you want to get rich you need to invest in something that hasn't mooned yet, like ICP or Celo.
copper member
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Leading Crypto Sports Betting & Casino Platform
ETH losses is much higher in percentage compared to Bitcoin during the recent dip. Altcoins typically lose more value than Bitcoin because it's price is highly dependent on Bitcoin sentiment. Ethereum and other altcoin has a greater recovery percentage but doesn't mean that it was less risky than Bitcoin.

Ethereum has much higher supply than Bitcoin even thiugh Ethereum is burning tokens frequently. Bitcoin is still the safest asset aside from stablecoin(except UST and USDT).
hero member
Activity: 2520
Merit: 711

"ETH have actually become seen ... as a less risky asset."


I think that Ethereum was and still is more risky and volatile than BTC. This is clearly seen in the example of 2021. The volatility of BTC is much lower than that of altcoins, since the higher the capitalization of the cryptocurrency, the less it is subject to volatility and, accordingly, the less risky.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Bitcoin has been known for its volatility rate compared to ETH which makes it high risk but if we talk about long-term asset value, ETH is way too far from it. But this is not how we measure the risk in the market as this does not really matter, investors and traders look for potential profit out from the volatile nature of the market in which Bitcoin does more than ETH.

If I were to choose which one I have to put my money with, of course, I choose Bitcoin. We look for the future possible increase of BTC which I believe was the reason why many choose Bitcoin as well over Ethereum.

sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
Crypto market moves with the rise and fall of Bitcoin. All altcoins like Ethereum follow bitcoin. So Ethereum can never be less risky than Bitcoin. Because ethereum alone can never survive without bitcoin. We can now see that Bitcoin is recovering very fast. A temporary record can never be an example. King will prove it.
tyz
legendary
Activity: 3360
Merit: 1533
Do you agree?

No, Bitcoin has lost so much in the days because of Luna and TerraUSD. The "stablecoin" had used Bitcoin as a cover. Due to the massive collapse of Terra, Bitcoin which were bought to cover Terra had to be sold massively, which caused the price of Bitcoin to fall. If Terra had been backed by Eth, then Ether would have been hit hard and not Bitcoin. So I wouldn't say that Ether is the better investment.
sr. member
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I don't find it reasonable and logical from the explanations of the people the OP is citing. The long-term stability that you evaluate in any respect, but still the most important time is looking at oneness time. We all see and know the popularity of BTC in this market and its influence for many years from birth to present, and if OP thinks BTC volatility cycles are unstable, then even the ETH case you mentioned is something much more volatile. While I consider these to be long-term buys and holdings in this space, we want the stability between them and the fiat to sound like a joke. And remember, what we all want, let's accept and prepare well for the plan so as not to be stuck with financial problems in society.
hero member
Activity: 1778
Merit: 520
Nothing in crypto that is less risk. All of the cryptocurrency are risky, have you seen the Terra Luna which is in the top 20 list in coinmarketcap? In less than a day it goes down to 98%+ and any cryptocurrency is not an exemption even Bitcoin and Ethereum but the trust I give to Bitcoin is different, right now all of my coins are in Bitcoins and I know that it is a good investment.
member
Activity: 234
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Moon.win
I don't think so, ETH is a better alternative to Bitcoin that's all, but still Bitcoin is much better store of value over other coins, presently Bitcoin is taking the lead and have recovered faster than other coins on Coinmarketcap, Bitcoin is the best and its not hard to see.
hero member
Activity: 2030
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No God or Kings, only BITCOIN.
I'd say it will still be the asset that has the huge market cap that is less risky and Bitcoin I believe is the asset we are talking in the crypto space. If we are talking to the whole crypto, nothing is a safe haven to be perfectly honest, they will impose great risks.
legendary
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Leading Crypto Sports Betting & Casino Platform
I can't agree with it. Yesterday i have seen ethereum was loosing even more compared with the bitcoin.
To be fear about this, it is true that ethereum is still more volatile than bitcoin and bitcoin should be the best option to go for, but ethereum is less volatile than many other altcoins.

In the current situation of the market, everything seems to be very risky. Ethereum Bitcoin has come down the market in such a way that people are afraid to invest.We've all seen the way the market started to go down.We have fallen into a lot of high frustration.Everything seems very risky to us now.
This is a panic period, many people will not want to invest, but it has gotten to the time of investing because bitcoin will most likely not go below $20000, having strong support at $29000. Even if it's price will decrease further, it should not go below $20000.

looking at the current market all coins are at risk because as we know the nature of crypto itself is volatile and cannot be a spearhead for investment
A risk that is really worth it, 1 BTC is 1BTC, no liquidation but price appreciation.
sr. member
Activity: 2828
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win lambo...
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Apparently, it was their choice either. We can't change the mindset of the people to choose Bitcoin ever ETH as it was highly recommended here and that fact that Bitcoin is considered as a high gaining investment. Again, it was a market preference, investors had already seen the difference between investing in the two, and Bitcoin getting higher odds.

Well, of course, I have ETH on my list and this one is my favorite among altcoins but I put huge chunks into Bitcoin.
Bitcoin - 60%
ETH - 20%
Others - 20%
legendary
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Buzz App - Spin wheel, farm rewards
looking at the current market all coins are at risk because as we know the nature of crypto itself is volatile and cannot be a spearhead for investment
Be more careful when making the right decision if you want to invest using cold money
sr. member
Activity: 1386
Merit: 451
In the current situation of the market, everything seems to be very risky. Ethereum Bitcoin has come down the market in such a way that people are afraid to invest.We've all seen the way the market started to go down.We have fallen into a lot of high frustration.Everything seems very risky to us now.
hero member
Activity: 3066
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Leading Crypto Sports Betting & Casino Platform
I can't agree with it. Yesterday i have seen ethereum was loosing even more compared with the bitcoin. That being said that if ethereum can lose even more than bitcoin and so this is still a risky asset even sometime it can lose less compared with bitcoin. I can't fully agree with such statement caused by the reality was telling about the truth and what he was seeing was actually wrong but it was working sometimes. I think that bitcoin is the less risk asset and after that must be ethereum
hero member
Activity: 2590
Merit: 644
~snip~

    Do you agree?
^ A big NO.
Look at the market, BTC has a limited circulating supply while ETH we did not know how much the circulating supply is.
And now, look at the market of BTC compared to ETH which is I think it is less risk the BTC compared to ETH. I don't know what was on their mind while writing that article or probably dont know how BTC will work.
Nevertheless, both networks have different features that we cannot compare.
legendary
Activity: 3024
Merit: 2148
ETH lost 10% of its BTC value in last 7 days. It means it fell 10% harder than Bitcoin, when comparing performance of both against USD. This has been the case in every bear market or just price downtrend - alts fall harder than Bitcoin. So idk what that guy was smoking and at which charts he has been looking, because the reality is completely opposite of what he is claiming.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Do you agree ETH have become seen as less risk asset over BTC?
No. Yet, bitcoin has the highest marketcap and should still be considered less risky, but altcoins like ethereum, litecoin are less risky as well.

"ETH have actually become seen ... as a less risky asset."
But that does not change the fact that ethereum is centralized just like other altcoins. To go for a decentralized coin, go for bitcoin which is the most decentralized.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.
Agreed, but I prefer a coin that has limited supply, bitcoin has only 21 million supply. The qualities I need in a coin, bitcoin has it most.
member
Activity: 151
Merit: 30
We usually see people go to bitcoin if everything else is unstable,"

@chainalysis CEO @gronager says. But, in today's markets,

"ETH have actually become seen ... as a less risky asset."

He presents this in a chart on "First Mover,"



From the point that Gronager raised between the two Asset and doing my own comparison, I now highlighted this two key points.

✓BTC halves every four years and gets more scarce and is deflationary .

✓ETH gets burn everyday becomes deflationary Asset.

    Do you agree?


Source.......
https://t.co/82yTA3oaWD
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