Ethereum and Bitcoin have been all over the news as two of the world’s biggest cryptocurrencies took a beating the past couple of weeks…
And stock market expert Adam Sarhan is here today with a bold prediction: Ethereum will be bigger than Bitcoin within the next few years.
Both Ethereum and Bitcoin — and cryptocurrencies in general — are still relatively new, starting in the wake of the 2008 financial crisis. Simply put, crypto is a store of value. And Ethereum (ETHER) and Bitcoin have steadily been marching higher and higher in price, especially the past few years.
In 2010, a guy in Florida bought two Papa John’s pizzas with 10,000 bitcoin (BTC), making it the first commercial transaction with an actual company ever for BTC. Just a few months ago, one BTC was all the way up to $65,000.
As of Monday evening, Ethereum, which peaked at just under $4,200 earlier this month, was trading around $2,660 and Bitcoin was at $39,200.
And as Adam’s about to explain, there have been huge moves for both ETHER and BTC along the way, including declines of 30%, 40% and 50%. And it’s happening again now…
Ethereum and Bitcoin: 1 Coin Will Rule Them All
Bitcoin has been the blue-chip crypto, and right now it is facing its biggest pullback since 2017-18 — but that’s OK. It’s normal for markets to pull back. Other cryptos have come out… you’ve heard Adam talk about DFinity (ICP) before…
And, yes, he’s still bullish on BTC. But he also sees Ethereum being bigger than Bitcoin over the long term. Of course, we’re going to have steep pullbacks and corrections along the way. But Ethereum has a major advantage over Bitcoin…
Check out Adam’s short video and let’s discuss the major advantage ETHER has over BTC.
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P.S. From 1993 to 2021, traders would have lost 10% of their money buying and holding the S&P 500 during the day…
Yet if they’d bought at the close and sold again right at the open, they could’ve seen an 812% increase on their investments.
Where did all the gains come from?
Overnight moves.
And one former $700 million hedge fund trader just revealed how he’s exploiting these overnight moves on a handful of stocks every single day.
