In this video, I discuss why I think that ETH will go up more than Bitcoin in the current crypto bull market.
Just as with stocks, higher risk (higher beta, lower market cap) cryptocurrencies and tokens have a tendency to outperform on the way up, and then underperform on the way down, as a new bear market takes hold.
For this reason, I would expect Bitcoin to lag ETH, which itself will lag other riskier cryptos and tokens in the current bull market.
One way to tell that you are in a crypto bull market is that ETH outperforms BTC, as has been happening this year-- if we observe the ETHBTC pair.
At the top of every bull market, most people have a heavier weighting to altcoins than Bitcoin.
At the bottom of every bear market, most people left standing are Bitcoin maximalists, who are thus unprepared for altcoin outperformance in the new bull cycle.
Due to tax and timing considerations, I will not be trading around my Bitcoin position, which I would like to keep for my children and grandchildren.
Not investment advice! Consult a financial adviser.
Crypto YTD performance:
https://finviz.com/crypto_performance.ashx?v=7
Crypto MTD performance:
https://finviz.com/crypto_performance.ashx?v=8
Plan B's Bitcoin pricing models:
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12
Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
#Ethereum
#Bitcoin
#Cryptocurrency
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
Just as with stocks, higher risk (higher beta, lower market cap) cryptocurrencies and tokens have a tendency to outperform on the way up, and then underperform on the way down, as a new bear market takes hold.
For this reason, I would expect Bitcoin to lag ETH, which itself will lag other riskier cryptos and tokens in the current bull market.
One way to tell that you are in a crypto bull market is that ETH outperforms BTC, as has been happening this year-- if we observe the ETHBTC pair.
At the top of every bull market, most people have a heavier weighting to altcoins than Bitcoin.
At the bottom of every bear market, most people left standing are Bitcoin maximalists, who are thus unprepared for altcoin outperformance in the new bull cycle.
Due to tax and timing considerations, I will not be trading around my Bitcoin position, which I would like to keep for my children and grandchildren.
Not investment advice! Consult a financial adviser.
Crypto YTD performance:
https://finviz.com/crypto_performance.ashx?v=7
Crypto MTD performance:
https://finviz.com/crypto_performance.ashx?v=8
Plan B's Bitcoin pricing models:
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12
Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
#Ethereum
#Bitcoin
#Cryptocurrency
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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