$ETHUSDT: Ethereum will match or beat Bitcoin from here
Updated
From where we are today, both 
ETHUSD and 
BTCUSD have equal upside towards the 1st long term target according to Time@Mode.
This makes me think the following:
We could do a few things involving #ETH that would increase returns vs holding #BTC, but without risking underperformance to it (in theory).
What could that be?
Well, to begin with, Ethereum allows you to participate from staking to secure the network, giving it an extra return on top of holding from here. We have roughly 2 years of yields to be milked if we opt for this.
Currently that's an extra 3.5% ETH per year, so we'd have 34.2792 coins per 32 coins staked after this period. (using the # needed for a validator but you could stake at a CEX or use stETH for any smaller or larger amount)
That's an extra gain of 24.66% vs current acct value, which holding BTC we can't obtain as it has no yield or extra features, it just is digital gold / settlement layer, etc.
People experienced with DeFi might have more ideas to milk this pattern here, I won't comment further on this, but know that it is a good extra source of yield to enable Ethereum to surpass Bitcoin's returns if both have the same % upside from where they are today to the long term target at the end of the bull cycle we are potentially traversing.
Hope everyone is having a nice weekend, best of luck if you follow my thought process here. I know I will put my $ where my mouth is in this regard.
Cheers!
Ivan Labrie.
ETHUSD and BTCUSD have equal upside towards the 1st long term target according to Time@Mode.This makes me think the following:
We could do a few things involving #ETH that would increase returns vs holding #BTC, but without risking underperformance to it (in theory).
What could that be?
Well, to begin with, Ethereum allows you to participate from staking to secure the network, giving it an extra return on top of holding from here. We have roughly 2 years of yields to be milked if we opt for this.
Currently that's an extra 3.5% ETH per year, so we'd have 34.2792 coins per 32 coins staked after this period. (using the # needed for a validator but you could stake at a CEX or use stETH for any smaller or larger amount)
That's an extra gain of 24.66% vs current acct value, which holding BTC we can't obtain as it has no yield or extra features, it just is digital gold / settlement layer, etc.
People experienced with DeFi might have more ideas to milk this pattern here, I won't comment further on this, but know that it is a good extra source of yield to enable Ethereum to surpass Bitcoin's returns if both have the same % upside from where they are today to the long term target at the end of the bull cycle we are potentially traversing.
Hope everyone is having a nice weekend, best of luck if you follow my thought process here. I know I will put my $ where my mouth is in this regard.
Cheers!
Ivan Labrie.
Note
ETHUSDT's setup now...Note
BTCUSD's setupNote
Note
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Disclaimer
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.