Bitcoin Vs Ethereum: Here’s The Profitability Of Investors Amidst Bear Market
The crypto market has been facing a bumpy ride of late, as most of the top-notch cryptocurrencies have lost as much as 40 percent of their value in the past couple of weeks. Two of the largest cryptocurrencies- Bitcoin and Ethereum– have almost equal probability and stability over the market.
These two ‘million-maker’ digital assets have been immense over the past few years. When it comes to investing they have always been the toughest competition in the crypto market. Ethereum by providing the most returns over the investments on a year-over-year basis beats the Bitcoin by more than 2x on various occasions. This attracted more investors to it and has created speculation as to the better choice over the crypto market.
Bitcoin vs Ethereum
Considering the Investor probability on these two digital assets: Ethereum has proven with a 54% of profit ratio to its holders, whereas Bitcoin is lagging by offering 52% of profit to its holders.
Further, considering the loss territory both digital assets stand in the equal floating: Ethereum investors are currently in the loss ratio of 42% whereas the BTC investors are dealing with a 43% of the loss.
Ultimately when it comes to survival in bear market conditions Bitcoin takes a step up in comparison with ETH. Considering the previous bear market situation the crypto king Bitcoin has gone with its price drop of 80%, whereas Ethereum had seen a 90% of price decline and even more.
Further, considering the current bear market situation, BTC is down-trending by 56% which is comparatively better than Ethereum’s 63% downfall. Moreover, Bitcoin has proven to hold up better in both scenarios.
Well, Both cryptocurrencies are proven efficient for profit-making in the case of longer-term holders than the short-term. The investors who have held their crypto for more than a year have been in a green zone compared to the ones who exit early.Source