I Want More Ethereum...This Is Why

in LeoFinance2 months ago (edited)

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If Bitcoin is digital gold, well they say Ethereum is digital oil as digital oil implies for all the uses (case) the Ethereum blockchain will have in the future. Yes, we have so called "Ethereum Killers" out there, but they have yet to take the crown and until I see the Smart Money jumping ship...well I want more Ethereum.

https://www.coindesk.com/16-ethereum-predictions-crypto-oracle

MY TRADING METHODOLOGY IN A NUTSHELL BELOW

I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.

I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.


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Besides the time advantage bitcoin has over Ethereum, I think another factor that makes Bitcoin surpass ethereum is its limited supply, asides from these obvious two factors, Ethereum will be worth much more than Bitcoin in the future based on what Ethereum is capable of doing.

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Ethereum of course has more projects built on it and its shown that its dapps can be really futuristic, mind blowing projects are being built everyday on eth and this will only propel the value going forward. I see eth rivaling BTC a lot in the future and it will be massive

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I read the referenc4d article and 3-4 others connected to it. Very good reads

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Ethereum just broke $1000.00

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