ETH>BTC, some Defi talk.
A lot have questioned when rather than if ETH will flip that number one spot in the crypto market. It seems inevitable with the popularity ETH is gaining after months of laying quite like a stable coin. It did of course go from 90 or so dollars last year to a peak of around 4k this year. Thats barely a bad return however i believe this is the beginning. For those like my self which bought ETH so low and had more ETH than BTC which at the time was considered a risk, i believe, will reap the most benefit. ETH is now being seen as the 'Internet' of DEFI/CRYPTO. DEFI is trying very hard to disrupt the natural way of banking and has already shaken the world. I can see many innovative companies jumping on board and some forward thinking investors doing the same. Of course the banking industry will not like this. I don't expect it to be an easy shift of power from traditional banks to DEFI banking. Mainly because banking is the most profitable business for those with Money and Power. This is all i guess just an idea but you could say the numbers follow what I am saying. 22BN locked into DEFI shows already there is a large amount of people with a lot of faith in crypto. I think the banks or bankers who join in will be the biggest banks/bankers in 10 years from now. This post may turn out to be stupid but i believe to the contrary. The market has just began. Invest or not that does not concern me. Instead i recommend we all learn more about crypto, not doge and shiba inu, instead projects like LINK, RSR, Solana, FTM, SXP, HTR, HBAR and other great projects which in my humble opinion will shape the future ! My first Bull-run i was in it for the money back in 2017, and i made decent bank for a kid. This one is different. It's more about growing my BTC AND ETH bag. Along side my main projects i'm invested in. Im not worried about having a 100k balance go to 200k. Instead a 3BTC account go to 6BTC for example. STACK YA SATOSHIS.
The graph it self is to show the TECHNICAL side behind ETH flipping BTC at the top place. Forgive me for the tangent i went on it just seemed to make most sense.
DEFI = De-centralised Finance
ETH = Ethereum
BTC = Bitcoin
The graph it self is to show the TECHNICAL side behind ETH flipping BTC at the top place. Forgive me for the tangent i went on it just seemed to make most sense.
DEFI = De-centralised Finance
ETH = Ethereum
BTC = Bitcoin
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.