Plan To Shift BTC Holdings To Eth If Eth Dumps A Lot
Updated
If eth continues down vs BTC it will become an even more excellent area to buy it up for the long term haul.
I think eth has much more potential than eth when the bull market wakes up again. I've been dollar cost averaging both btc and eth but if eth finds its way into the green box I will be shifting much of my BTC holdings into eth.
Eth vs USD has about an 8 RRR if it returns to its old high, BTC is only like 3 RRR. If eth ends up in the green box it's potentially 10 RRR.
I think the old high will be exceeded so it makes a lot of sense to gradually buy it up during the winter periods and not be tempted to dump when it starts to run.
I think eth has much more potential than eth when the bull market wakes up again. I've been dollar cost averaging both btc and eth but if eth finds its way into the green box I will be shifting much of my BTC holdings into eth.
Eth vs USD has about an 8 RRR if it returns to its old high, BTC is only like 3 RRR. If eth ends up in the green box it's potentially 10 RRR.
I think the old high will be exceeded so it makes a lot of sense to gradually buy it up during the winter periods and not be tempted to dump when it starts to run.
Note
Interesting that the eth transactions per second is about double what BTC is yet the eth price is much lower than BTC:blockchair dot com/bitcoin/charts/transactions-per-second?compare=ethereum
Note
Possible elliot count and fibs that end up in accumulation zone. This doesn't seem especially likely to me but it is a valid count so I'm putting in a log of it.
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