Crypto Chronicles: Two Gems for the Long Haul

Investors should consider buying and holding for the long term: Bitcoin (BTC) and Ethereum (ETH). Basulto highlights the upcoming halving event for Bitcoin scheduled on April 19, which historically has led to price surges and new all-time highs. He mentions bullish price forecasts from investment analysts, including Standard Chartered and Cathie Wood of Ark Invest, indicating potential for significant price appreciation. Similarly, Basulto points out Ethereum's potential catalyst with the potential launch of spot Ethereum exchange-traded funds (ETFs), which could attract substantial investment inflows and support Ethereum's price. Basulto acknowledges the regulatory risks associated with the Securities and Exchange Commission (SEC), which could impact the approval of crypto ETFs and regulatory classification of Ethereum. However, he remains optimistic about the long-term prospects of Bitcoin and Ethereum due to their market leadership, real-world use cases, and growing blockchain ecosystems, expressing willingness to hold onto these cryptocurrencies despite short-term uncertainties.