Is Ethereum a good investment?
Ethereum has greatly held the position as the second highest cryptocurrency since its inception and traders are beginning to ask “Is Ethereum the next Bitcoin?”
ETH was a little slow out of the gate but 2020 is proving to be a year to remember for the coin. Ethereum market capitalization has soared to more than $31bn and it is on the cusp of powering deregulated finance (DeFi) revolution.
Mybtc.ng understands it is now gaining the transaction needed to set off a contender for the top spot. Created for decentralized applications, Ethereum has started to infiltrate major industries, dragging the investors’ attention to Ether.
Can Ethereum make you rich?
There is no assured way to get rich quick, but when you invest in Ethereum you can get there sooner. But if you want to make money, Ethereum is a nice bet , you certainly will get a return based on what you put in.
Also read: What banks sell Bitcoin ?
Is Ethereum or Bitcoin a better investment?
So is Ethereum a better investment than Bitcoin? Ethereum has more benefits than Bitcoin. It’s more versatile, has good technology, and has far more real-world applications.
Which Cryptocurrency is best to invest ?
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Tron (TRX)
- Chainlink (LINK)
Can ethereum reach $100k?
The owner of Ark Capital LLC, Brian Schuster made a very bullish and confident prediction. He believes that Ethereum may reach $100,000 in another 5 years or so, and will some day replace gold with crypto. As per CoinKir, a crypto prediction site, Ethereum might reach as much as $1,455 by the end of 2020.
Is Ethereum dying?
Ethereum was never dying. Ethereum is #2 cryptocurrency by market cap, it is alive and it is simply better than Bitcoin and even #1 already as regarding its utility and total transactions number. Bitcoin’s purpose is to be the virtual currency of the internet, and it uses the blockchain to do this.
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