That's also what I advise most people that cant run into fiat when market crashes - to jump into ETH as its the most stable and suffers the smalles losses. If we compare all the market to ETH most of the coins are on green 💚💚
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Why do y'all think ETH has been more resilient? That's my biggest question now. Do people collectively see it as a safe bet? To me that doesn't make sense. Why would be any safer than BTC? Or is there orchestrated flow of cash (or could even be Tether manipulating) ? I see all crypto going lower.
From my point of view is safer as a lot of people start to believe in Vitalik's vision and actually there is aplicability ( ERC20 Tokens, cryptokities, smart contracts etc. )
There is also a better way out when bitcoin market is manipulated by different sources like bitcoin futures.
Also whens the switch to proof of stake happening? People might be accumulating for that in this dip. Probably a flippening then...