A crypto analyst says that if BTC and ETH create new ATHs in the future, investors could earn 5x. Altcoin analyst states that $10-20K BTC and $500-1,000 ETH purchases will look smart in a few years. Moreover, the analyst suggests that these purchases could bring a greater return on investment than day trading.
“Investing in BTC and ETH provides better ROI than day trading”
Crypto analyst nicknamed Mayne says he agrees with the prediction of another famous analyst, DonAlt. Accordingly, he shares his views on DonAlt’s tweet on dip buying. DonAlt recently shared a Bitcoin chart. In this post, he emphasizes that he is willing to lose his investment to earn more than 5 times. He also adds that he hasn’t finished buying and can buy lower if needed. For DonAlt’s accurate predictions cryptocoin.comCheck out this article.
Mayne agrees with DonAlt. In this context, it takes into account the case of BTC and ETH reaching all-time highs in the future. He states that in this case, investors will get a 5 times return on investment. He also highlights that this is a better return on investment than day trading. In this context, Mayne comments on DonAlt’s post:
I agree with Don. If you think that both BTC and ETH will create more conservative new ATHs in the future, it is possible to get a 5x increase in investments at these levels. That’s a better return on investment than your day trade. I’m saying that $10-20k of BTC and $500-1000 of ETH purchases will look really smart in a few years.
Ambitious bet for leading crypto and leading altcoin!
Mayne also emphasizes that $10-20K BTC and $500-1,000 ETH purchases will be really smart investments in a few years. He states that in case things go wrong and prices drop, this is a buying opportunity that is a bet on the coin’s survival.
It also highlights the importance of having the patience and willpower to stay in position through ups and downs. Mayne also states that if both he and Don lose and there is still $1 more than Don, he will set the stop-loss at $1.
Analysts’ comments came at a time when the cryptocurrency market was hit hard by the FTX incident. The crypto giant recently crashed due to liquidity crunch. Also, its waves have affected the entire cryptocurrency market. Prices of major cryptocurrencies, including BTC and leading altcoin ETH, fell hard. However, many traders see the bear market as a buying opportunity in anticipation of the next bull run.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.