Community post
Bitcoin or Ethereum?
I like to know; should I buy bitcoins or ether?
The value of bitcoin is rising fast. Ethereum is doing the same. I think the best strategy will be to have 50% of each coin and see wat happens. The problem is: in July 2016 there will be the "halving" and people expect a dip in bitcoin value at that point.
There are a lot of clever people here on Steemit. Please share your thoughts on this.
Replies (4)
easy. just flip a coin
Why would it dip after the halving? It's going to be quite the opposite, there will be a dip in mining, which will mean less supply with the same demand; the oldest economic equation in the book.
The price of Bitcoin will continue to rise till at least Jan, Eth has a longer way to go, so more potential; get both.
Best to get a little of each, but if you are looking for short term profit, I think the upcoming "halving" should propel Bitcoin up for the next few weeks. I think Ethereum is mostly just being drug higher by Bitcoins advance at this point.
STEEM then power up.