{"id":22811,"date":"2024-11-22T16:36:30","date_gmt":"2024-11-22T16:36:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22811"},"modified":"2024-11-22T16:36:30","modified_gmt":"2024-11-22T16:36:30","slug":"its-time-to-buy-ethereum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22811","title":{"rendered":"It\u2019s time to buy Ethereum."},"content":{"rendered":"

Bitcoin (BTC)<\/strong> is on a\u00a0tear.<\/p>\n

BTC gained more than 40% since the November 5 election, and currently sits at\u00a0$97,000.<\/p>\n

If you\u2019ve been following me, you know we\u2019ve predicted the elections will kickstart the euphoria phase of the crypto bull market. I believe bitcoin could go as high as $250,000 this time\u00a0around<\/a>.<\/p>\n

But while everyone\u2019s focused on BTC, a massive rotation is brewing under the surface\u2026 one that should send Ethereum (ETH)<\/strong> into the stratosphere.<\/p>\n

Right now, we\u2019re witnessing what we call the \u201cGreat Crypto Rotation.\u201d<\/h3>\n

It\u2019s a predictable four-phase cycle that\u2019s played out time and again in crypto\u00a0markets.<\/p>\n

Source: CoinGecko<\/em><\/p>\n

Phase 1 is simple: Bitcoin leads the charge. Big money floods in, pushing bitcoin to new\u00a0heights.<\/p>\n

This is where we are\u00a0now.<\/p>\n

But Phase 2 is where fortunes are really made. That\u2019s when altseason begins Ethereum takes center\u00a0stage.<\/p>\n

During the last altseason, Ethereum outperformed bitcoin about 8 to 1. And many altcoins did even\u00a0better.<\/p>\n

We seem to be on the cusp of another such explosive move\u00a0today.<\/p>\n

Look at this chart, it measures bitcoin dominance, the total value of bitcoin vs Ethereum and other\u00a0coins:<\/p>\n

Source: Coinmarketcap<\/em><\/p>\n

Bitcoin dominance just reached multi-year highs. In fact, the last time it was at this level, it dropped sharply while Ethereum and other coins gained market share. I believe this will happen\u00a0again.<\/p>\n

The smart money\u200a\u2014\u200ahedge funds and high-net-worth individuals\u200a\u2014\u200aare positiong themselves for the Ethereum pump too. You can see this in the research shared by Market\u00a0Prophit:<\/p>\n

Source: Market\u00a0Prophit<\/em><\/p>\n

Meanwhile, crowd sentiment remains flat. It\u2019s the perfect chance to get\u00a0ahead.<\/p>\n

See, while bitcoin is basically digital gold, Ethereum is the foundation of an entire digital\u00a0economy.<\/h3>\n

Thousands of blockchain apps are being built on the Ethereum infrastructure. And each one pays millions of tiny fees to Ethereum for each transaction. Ethereum made $170 millions in fees in the last 30 days\u00a0alone.<\/p>\n

Comparing BTC to ETH is like comparing a gold bar to the entire New York Stock Exchange.<\/p>\n

It\u2019s why I believe the \u201cflippening\u201d\u200a\u2014\u200awhere Ethereum\u2019s market cap surpasses bitcoin\u2019s\u200a\u2014\u200ais practically inevitable.<\/p>\n

For Ethereum to get bigger than BTC, it would need to jump 5X. That\u2019s if BTC price stays where it is. But if BTC goes to $250k, then ETH could surge as much\u00a013X.<\/p>\n

Most investors will miss this move entirely. They\u2019ll keep chasing bitcoin because that\u2019s all they\u2019ve ever\u00a0known.<\/p>\n

It\u2019s time for a new playbook: A.B.B.\u200a\u2014\u200aA<\/strong>nything B<\/strong>ut\u00a0B<\/strong>itcoin.<\/p>\n

The window to position yourself won\u2019t stay open long. Once the altseason kicks into high gear, Ethereum\u2019s move will likely be swift and dramatic.<\/p>\n

If you\u2019re wondering how much Ethereum to buy, adopt a lopsided barbell strategy.<\/h3>\n

It\u2019s what we recommend in my RiskHedge Venture<\/em><\/a> <\/em>crypto advisory.<\/p>\n

The barbell strategy is a portfolio construction tool that strikes the right balance between risk and reward. It does so by investing in two distinct types of assets, on both extremes. On one end, you have \u201csafer\u201d assets like Ethereum and Solana<\/a>. You would put the majority (75% to 90%) of your crypto investments in the safer\u00a0portion.<\/p>\n

The other 10% to 25% would be allocated to \u201chigher-upside\u201d assets like Helium<\/a>, or Hivemapper<\/a>.<\/p>\n

So, your crypto portfolio would resemble a lopsided\u00a0barbell:<\/p>\n

Bottom line: The altseason is here. Sell bitcoin and buy Ethereum.<\/strong><\/p>\n

For more insights, <\/strong>subscribe to my investing letter The\u00a0Jolt\u26a1<\/em><\/strong><\/a>.<\/em><\/strong><\/p>\n

I publish fresh research on stocks and crypto every Monday and\u00a0Friday.<\/p>\n

Click here to subscribe<\/a>.<\/p>\n

\u2014 Stephen McBride, Chief Analyst at <\/em>RiskHedge<\/em><\/a><\/p>\n

It\u2019s time to buy Ethereum.<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) is on a\u00a0tear. BTC gained more than 40% since the November 5 election, and currently sits at\u00a0$97,000. If you\u2019ve been following me, you know we\u2019ve predicted the elections will kickstart the euphoria phase of the crypto bull market. I believe bitcoin could go as high as $250,000 this time\u00a0around. But while everyone\u2019s focused […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22811","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22811"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22811"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22811\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}