Jun 16, · Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Indeed, as the second-largest cryptocurrency by market cap. Dec 15, · Bitcoin, Ethereum, Trading A crypto trader and analyst known for turning a couple thousand dollars into $, in a summer trading competition says he’s ready for Ethereum to outpace Bitcoin in the new year. Oct 30, · PrimeXBT is an award-winning trading platform offering both Bitcoin and Ethereum trading against the USD pair as well as Ripple, EOS, Litecoin, and traditional assets like gold, oil, stocks, and more. PrimeXBT also offers crypto-to-crypto trading pairs, allowing for the most varied trading positions and diverse trading portfolio.
Bitcoin trade ethereumBitcoin vs. Ethereum: What's the Difference?
Ethereum vs Bitcoin have vastly different use cases and target markets, despite both being attractive to crypto investors. For example, Bitcoin is more of an aspirational store of wealth and payment currency, so users who invest in Bitcoin want to hold it for the long term. Ethereum, on the other hand, is more often used as gas fees in transactions for other tokens and benefits significantly as a result.
As ETH is used to fund transactions at rising costs, DeFi users, for example, must buy up Ethereum to pay for associated fees. Doing so drives up the price of Ethereum. Ethereum can be seen as an ecosystem and the fuel that powers it, while Bitcoin is a currency in and of its own right. Both have extreme value and potential, both as a technology and investment, but only one can be the best of the best.
Because these two crypto assets are vastly different, it is difficult to say exactly which is the best investment.
Both Bitcoin and Ethereum started out their lives at prices that were virtually worthless. Around this time is when Ethereum was first created. Meanwhile, Ethereum started to benefit enormously from the emergence of initial coin offerings — a trend that saw the creation of thousands of new altcoins built on top of the Ethereum blockchain as ERC20 tokens.
The popular crowdfunding and fundraising method let investors get in early to what they expected to be the next Bitcoin. This suggests that Ethereum could climb a lot faster than Ethereum per coin, but Bitcoin price predictions go a lot higher than Ethereum price predictions. Both are reasonable estimates for each cryptocurrency. Signs suggest that this over performance in Ethereum is over for the time being, with Bitcoin set to regain some lost ground against the second ranked cryptocurrency and top altcoin.
Bitcoin and Ethereum rise together as part of the greater crypto tide, but there are times when each outperforms the other. However, Bitcoin could be ready for a massive explosion and break out into a bull run — which could leave Ethereum behind on its ratio. Clearly, investing in these two cryptocurrencies can be challenging due to the ratio on cryptocurrency trading pairs. Although they can perform well together, when crypto assets are falling, altcoins like Ethereum tend to drop far more sharply and are more volatile.
The best case scenario for investors is to trade the Bitcoin and Ethereum ratio, along with positions in Bitcoin and Ethereum itself, so that profits can be made whichever way the crypto market turns while taking full advantage of the swing opportunities that take place between Ethereum vs Bitcoin. PrimeXBT also offers crypto-to-crypto trading pairs, allowing for the most varied trading positions and diverse trading portfolio.
Traders can even hedge their Bitcoin holdings with Ethereum or short one on the ratio to profit from the ebb and flow between them. The process takes just a few clicks and less than a minute.
Accounts require a minimum deposit of only 0. To begin, it is recommended to use the analysis section to chart a trading strategy, stop loss, and take profit levels before executing a trade.
After building a plan, traders can set a limit order or market order for a long or short trade on Bitcoin or Ethereum, or even Bitcoin vs Ethereum.
The main difference is in the fact that Bitcoin is mainly designed for storing value and moving it as a payment currency; Ethereum is a blockchain ecosystem and supercomputer that developers can use to build all kinds of unique experiences on.
No, there will ever only be one Bitcoin, but Ethereum has a place in the market. Some day it could beat Bitcoin as the number one cryptocurrency, but they will always have separate use cases, and therefore Ethereum cannot be the next Bitcoin. Ethereum cannot reach the price of Bitcoin without reaching trillions of dollars in market cap. It is possible, however, it is unlikely given the fact that as Ethereum price grows, so will Bitcoin, making it impossible to catch up with the top cryptocurrency.
In a sense, it is more flexible than Bitcoin, so some may believe that Ethereum is better than Bitcoin. However, Bitcoin is currently the top ranked cryptocurrency, so it is considered better by a vote of capital.
If Ethereum can overtake Bitcoin, then it is possible that Ethereum will be the best, but they also could continue to live on together well, each with their own unique use cases. Whether or not you should buy Ethereum or Bitcoin is ultimately up to the individual investor and trader.
This guide should have provided you with all you need to make such a decision; however, additional research is always recommended.
Bitcoin being more expensive than Ethereum is a simple supply versus demand math equation. Want to see the price close back above red line, thats the trigger for my long entry. But the good news is it can't get much worse! The 1st gap was D The 2nd gap was D 1st gap x 1. Midterm forecast: While the price is above the support 0. We make sure when the resistance at 0. If the support at 0. Technical analysis: While the RSI downtrend 1 is not broken, bearish wave in price would continue.
A peak is Videos only. This time it's different. ETH to the moon? Ethereum vs Bitcoin. Alt-party in january? Triple pattern for further rising! Next Target!