Mah man, that's insightful. I would treat both market as the same because in the end for those who in the long term will look at basically the same fundamentals anyway. That's why I really despise people with influence taking advantage of this market for their gains. Ahem, Elon Musk..
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Yeah... Elon. What a bastard. I thought he was decent, if out of touch, in the way someone with immense wealth will inevitably become
That all went out the window though, when he came out with that BS about BTC mining being environmentally unfriendly, as if he didn't know that while he was accumulating. And so, the market crashed. Seeing all that unfold made it blatantly clear; he was manipulating the market for his personal gain
On the Elon case, I partly blame the entire crypto market investor and traders to follow someone like Elon to decide on which coin to invest. Like sheep who will follow anyone with the cane even until off a cliff. If we want this market to grow and mature into more legit investment assets, we will need to move beyond following people like Elon blindly.