My Family Savings Story 85
~ My family's big decision! BTC vs. ETH volume~
My family holds a few percent of our total assets, crypto assets. What they hold is major Bitcoin and Ethereum, but isn't it necessary to focus on which? That's what we thought.
Bride: “Hey, Bitcoin and Ethereum. I have two though. Even if I put it all together on Ethereum, OK?”
I was like, “What happened all of a sudden?”
Bride: “That's it. The price movements of both Bitcoin and Ethereum are intense, but is there romance?”
I'm “OK”
Bride: “After all, I prefer Ethereum, where I can get income through staking. So, I want them to think together about whether it's OK to concentrate on investing in Ethereum.”
I said, “I see. Well, let's review the characteristics of both crypto assets?”
Bride “Yeah!”
[Characteristics of Bitcoin] ① It is the originator of crypto assets devised by Satoshi Nakamoto. ② No. 1 in market capitalization among crypto assets. ③ Mining rewards are halved once every 4 years, so you can reach a half-life. ④ There is an issuance limit, and since it is the most scarce crypto asset, it is nicknamed digital gold. ⑤ Bitcoin spot ETF was born this year.
[Characteristics of Ethereum] ① A crypto asset created by Vitalik Buterin based on Bitcoin. ② Second largest market capitalization among crypto assets. ③ There is no maximum issuance limit; it is limitless. However, the scarcity of used Ethereum is guaranteed by being consumed. ④ Since contracts, games, NFTs, etc. are used in addition to currency, they are also nicknamed smart contracts. ⑤ The Ethereum physical ETF has been approved, but it has not yet been implemented.
I was like, “Does that mean staking is now possible with a recent version upgrade of Ethereum?”
I said, “Personally, I would like to wait for the implementation of the Ethereum physical ETF. That's because it's proof that Ethereum itself has become a solid investment destination. Bitcoin's physical ETF has been implemented though.”
Bride “Hoho!!”
I said, “Now let's compare the price movements of Bitcoin and Ethereum on a Q-foot chart?”
I said, “Red is Bitcoin, yellow is Ethereum, isn't it?”
Bride “Bitcoin's performance is better, but the characteristics of price movements haven't changed that much, have they?”
I said, “Bitcoin is the key currency in the crypto asset community, so when Bitcoin rises, so does Ethereum. If Bitcoin falls, Ethereum will also fall. Of course, there are times when that's not the case, though.”
I said, “Well, what are you going to do? Do you want to focus on performance and switch to Bitcoin? Do you want to use Ethereum with an emphasis on staking?”
Bride “Hmm”
Bride: “After all, I want income from staking! I want CharinCharin every month!!”
I said, “Yes. Well, let's take advantage of Bitcoin and buy more Ethereum?”
Bride “Yeah!”
In our crypto asset confrontation, the military went up against Ethereum. Will this decision be a good one? does it come out bad? The future knows the answer.
My family's savings are still going on
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ダヤンks : That's a good discussion.
However, personally, I feel that those with higher rarity, such as gold, silver, and copper, will eventually become more expensive, but in the case of virtual currency, there are issues such as hacking, etc., so considering safety in terms of security, I feel that Ethereum is likely to be a safer asset.
Also, if interest rates of national currencies are taken into account here, it seems that in the era of high interest rate inflation, Ethereum is dominant, and in the era of low interest rate deflation, Bitcoin is dominant.
It's just my personal opinion.
In about 5 years, I think they'll both become famous, so it seems like they'll understand the situation.
183346579 : now
Sadly placed in a corner
BTBT
Along with implementation in Ethereum
It's going to explode
Along with AI achievements
The target is here.
リートん投資家 OP ダヤンks : I see (^^)
I learned a good story. Thank you very much
リートん投資家 OP 183346579 : Thanks for commenting