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.
While there is speculation about the future prices of BTC and ETH, it's important to remember that predicting exact price movements is challenging and often subject to market volatility and various factors.
BTC's potential growth is often associated with a loss of confidence in traditional currencies, and some predictions suggest significant increases, such as 4x or even 33x in the coming years. However, it's crucial to approach such predictions with caution and consider the inherent uncertainties in the market.
Regarding ETH, its growth dynamics may differ from BTC. While BTC's value explosion is frequently discussed, ETH's price growth tends to be more gradual and linear, potentially resulting in a lower expected return on investment.
It's worth noting that BTC has demonstrated resilience over the years, even against government intervention. However, like any cryptocurrency, there are risks associated with ETH, including potential attacks on exchanges or attempts to devalue or confiscate it.
As for diversification, it's generally a good strategy to spread your investments across different assets. Deciding how much to allocate between BTC and ETH depends on your own research, risk tolerance, and understanding of the market. It's essential to assess the growth potential and safety of each asset based on your own evaluation.