Long-term investments require a great deal of commitment and planning. In the crypto world, people often resort to the safest and most promising digital assets when it comes to long-term investments.

The cryptocurrency market has been dominated by Ethereum (ETH) and Bitcoin (BTC) for more than four years now. ETH to BTC is also the pair that crypto enthusiasts like to trade daily. In this article, you will find out which coin is better to stick to and which one is better to leave behind.

Factors to Pay Attention to While Comparing

Here are some criteria you can use to compare Bitcoin and Ethereum as your future investment:

  • History. The longer the coin has been on the market and the more consistent growth it’s shown, the more likely the coin will continue to improve.
  • Popularity. The number of organizations that accept the coin as payment and its daily trading volume are the things that affect the coin’s popularity. Bitcoin, being accepted on a country level by El Salvador and having a significantly larger trading volume, beats ETH in terms of popularity.
  • Price. Always pay attention to the price movements for the last 24 hours or the past month.
  • Technology. Pay attention to the project’s technologies as they will determine the coin’s relevance in the future.
  • Level of risk. Read the news and look up what crypto experts have to say about the future of a coin.

Bitcoin: Why So Trendy Still?

Launched in 2009, Bitcoin is a proof-of-work cryptocurrency developed by Satoshi Nakamoto. Bitcoin is also the first crypto ever created. With only a 1.8% yearly inflation rate, BTC is widely regarded as digital gold.

Bitcoin is not as technologically advanced as some newer coins like Cardano or Solana. It has an average block time of 10 minutes and a network throughput of 5 transactions per second (TPS). Experts believe that Bitcoin’s full potential will be reached when it hits its max supply of 21 million.

Prediction for the Price of BTC

Bitcoin’s traded at $22,000 per token. Its market cap stands at $400 billion. Its price has been slowly decreasing since reaching the highest price of $67,566.8 in November 2021.

Bitcoin’s first bull run was in 2013 when its price went from $114.1 to $1,151.1. Then, the BTC price decreased to $178.1 per token. From that point, Bitcoin began its major climb and hit $19.497.4 in December 2017. It was a significant moment for BTC and the crypto market, which put it on the radars of investors worldwide.

After its third major bull run, when its price reached almost $69,000, Bitcoin experienced a gradual decline. Despite all the difficulties, crypto experts believe the price will be rising again soon.

According to NextAdvisor’s prediction, BTC can soar to the record-breaking mark of $100,000 by the end of 2022. Digitalcoinprice is less optimistic predicting that BTC will reach $33,702.9 by the end of 2024. The BTC analysis done by TradingBeasts predicts its price will hit $37,307.6 in 2023.

Ethereum: Overview

Ethereum is proof-of-work crypto developed and launched by Vitalik Buterin in 2014. Its network is used by multiple blockchain startups like Uniswap.

With Ethereum 2.0, the developers plan to switch the network from PoW to proof-of-stake (PoS) consensus. It will increase the network’s throughput from 15 TPS to a mind-boggling 100,000 TPS.

Prediction for the Price of ETH

ETH’s price stands at about $1,400. Its market cap is $170 billion. Ethereum’s all-time high was in November 2021 and stood at $4,812.

Ethereum’s price is highly dependent on BTC’s price. Its first major bull run was in January 2018, when the ETH price went from $772.6 to $1,396.4. The ETH price began to fall significantly after the recent test-drive merge of Ethereum by Ropsten in June 2022.

Priceprediction predicts that Ethereum can reach a new peak of $6,345.8 in 2024. Digitalcoinprice is less optimistic, saying that ETH will hit $2,620.4 by 2025. According to TradingBeasts, Ethereum will be traded with a price of $1,594.9 in December 2023.

Final Take

There is no clear winner when it comes to choosing the best cryptocurrency. BTC and ETH have been consistently growing. Crypto experts predict their prices to rise in the near future. If NextAdvisor’s prediction sounds good to you, then picking BTC is a no-brainer. Plus, you can always quickly exchange Bitcoin for Ethereum at Godex.io if things go sideways for the coin.