$BTC's a consensus long, $ETH's a contentious long.
You get paid for the risk you take.
While $BTC is a ~consensus long in crypto, it's still in the riskiest asset class in the world with plenty of upside left.
While $BTC is a ~consensus long in crypto, it's still in the riskiest asset class in the world with plenty of upside left.
$ETH's contention within crypto means the rewards are potentially greater than $BTC's.
Simple current stat: ETH's down ~85% from ATH, while BTC's ~50% down.
Put another way: BTC's a ~2x back to ATH, ETH's a ~8x.
Simple current stat: ETH's down ~85% from ATH, while BTC's ~50% down.
Put another way: BTC's a ~2x back to ATH, ETH's a ~8x.
But, if $ETH as programmable money becomes ~consensus in the years to come, bearish market participants will have to scramble to buy back in as they're currently short or underweight.
Hence the idea that another's doubt is your alpha, *if* you're right.
Hence the idea that another's doubt is your alpha, *if* you're right.
