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Even the most seasoned and traditional investors can't ignore the massive rise of popularity in cyrpotcurrienies over the past few years. Which bodes the question of what is the best cryptocurrency to invest in 2021.
I previously stated that Ethereum was going to eat Bitcoin's lunch — i.e. its money flow. My thesis on this, in a nutshell, was that Bitcoin is no longer sustainable.
And would you look at that, I was right.
But what's even more interesting to me is the pairs trade that I've been tracking between the two cryptocurrencies, and how much Ethereum's been growing while Bitcoin lags.
Then it hit me: This movement reminds me of two stocks I traded in a pairs trade back in the early 2000s.
And if you remember the huge rivalry that happened between Yahoo and Google back in the day, then you know where I'm going with this… | | |
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