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”
Cryptocurrency trader and analyst nicknamed Mayne shares his views on another famous analyst DonAlt’s tweet on low buy. DonAlt recently shared a Bitcoin chart. In this post, he emphasized that he is willing to lose his investment to earn more than 5 times. He also added that he has not finished buying and can buy lower if necessary. For DonAlt’s accurate predictions, check out this article from Kriptokoin.com.
Mayne expressed his agreement with DonAlt. In this context, he stated that if BTC and ETH reach all-time highs in the future, users will get a 5x return on investment. He also stressed that this is a better return on investment than day trading. In this context, Mayne commented 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.
Agree with Don.
If you think both $BTC and $ETH make even conservative new ATHs in the future, you’re getting a 5x on investments around these levels. Better ROI than ur day trading.
I’ve been saying $10-$20k BTC and $500-$1000 ETH buys will look really smart in a few years. https://t.co/o0SgWgc2R8
— Mayne (@Tradermayne) November 17, 2022
Ambitious bet for leading crypto and leading altcoin
Mayne also emphasizes that 10-20 thousand dollars of BTC and 500-1000 dollars of 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.
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