He says ETH is not an alt coin. He believes BTC and ETH are (more or less) the same. ETH maybe has more upside and more downside but he takes ETH out of the alt category. I say BTC is the one and only. If you are investing in crypto and want the blue chip you buy BTC and thats ALL you buy. If you want to get aggressive add "alts" (which includes ETH) my personal portfolio is 50/50 BTC/ALT which I consider moderately aggressive. My ALT position in 2024 will likely increase as opposed to my BTC position due to the volatile nature of alts. Bull markets (which I believe we are in) tend to favor alts bear market tend to favor BTC.