norok

Disappointed with Ethereum?

BITFINEX:ETHUSD   Ethereum
Some might be feeling a little cheated by the relative underperformance of ETHUSD versus Bitcoin as can be seen easily by looking at a chart of the cross ETHBTC . However, I think folks might feel better if the put their holdings into perspective by looking at the alternative of "doing nothing" compared to just having your assets in cash over the last month.

Another interesting thing I noted when writing this piece for comparison was that the inflection points between Ethereum and the Dollar Index was that they match. There is of course going to be a de facto correlation because the cross itself. It is interesting to note that a cryptocurrency would behave just as any other international currency pair.

"Be to others the person you needed to meet 10 years ago"

Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.