$ETH ETH has risen sharply but when it falls, it falls less.
This shows that ETH has a very potential growth rate.
I calculated as follows:
+ Suppose BTC rises to 120,000, the current price is 103,000
Then BTC will increase by 16.5%
+ Suppose ETH rises to 3,200, the current price is 2,550
Then ETH increases by 24.49%
=> + For BTC to rise to the price of 120,000, a lot of capital needs to be pushed in, achieving only a profit of 16.5%
+ For ETH to rise to the price of 3,200, with the recent growth rate, it is not too difficult, and the capital pushed in to increase the price to that level is also not too burdensome. Achieving a profit of 24.49% is also quite okay. Not to mention that ETH also has the potential to reach over 4k
Risks:
1 when selling, ETH is likely to be sold off more heavily than BTC.
But:
Both BTC and ETH will recover in price and increase even more in the next uptrend.
Have you guys made plans for your target profit yet?
If in an uptrend and achieving the target profit, should one sell? or hold on and wait for a downturn to sell? Or just sell the amount of capital that has been invested, and keep the profit until a downtrend occurs to sell?
Now is the time to make a plan.
$BTC