this is a really interesting one to watch, and perhaps the most consequential for the long term crypto investor (BTC and ETH make up about 50% of my investment account). will there be a "flippening" this cycle? doubtful. but you can bet for damn sure i'll be holding more ETH than BTC for the foreseeable future.
interested to hear what others think about this narrative.
interested to hear what others think about this narrative.
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probably should have just updated this thread rather than creating a new idea. oh well. crazy (?) prediction below.
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looks like the "flippening" isn't out of the question this year. for kicks i just crunched some numbers based on the ETH/BTC pair. ETH only needs to reach its 2017 high of 0.156 BTC to share a 50/50 split with BTC in terms of dominance. a higher high would put us in the flip zone.
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i traded like 60% of my BTC for ETH (my long term account, not my trading account). seemed like a lot at the time. now i'm wishing i had gone all-in.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.