This is why you should invest in Ethereum

in #ethereum7 years ago

You probably have looked at Ether and other cryptocurrencies but you are not sure if it is the right time to put money in. The cryptocurrency world is having a very tricky time. You wake up in the morning and see a 20% plus in your portfolio, but the same afternoon it falls into 10% negative. The values of the tokens just shoot up and down and that can take several risks into your investment. So, Should you invest in Ethereum?

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Ethereum is starting to go up again because investors realize that it is a fascinating network that for a period was undervalued, and still is. Let's have a look at some things that might cause the jump of Ethereum:

  • People usually thought about the complexity of smart contracts, and that made the opinion of some investors very negative due to the less smart contracts can be written the less programmed tokens there will be. But now it is not that challenging like people used to imagine. In part, it's right that solidity is not very known and it takes a long while to learn but something that investors are starting to hear about is that smart contracts can also be written in other languages. It's possible to write a smart contract with Java Script, and this is basic programming. So basic investors started to realize this recently.
  • Big investors are getting attracted because names like Microsoft and JPMorgan are starting to appear behind Ethereum, they want to help the network because of the belief that blockchain is the future.
  • Another thing in which Ethereum is going to improve soon is that the basic Joe has no idea of what it even is. This will change soon because of collaborations between Microsoft and Ethereum, and if those end successfully that will attract the basic class investor. Why? As you probably know Microsoft is a very good, in my opinion the best, company in explaining high technological processes to social groups that may have difficulties in understanding them. And thanks to Microsoft's professional marketing, millions of new investors will come to Ethereum.

Finally, this is why Ethereum should rise in the next months. But you should look at Ethereum more as a long-term investment, I'll explain it and give reasons in a post that will come soon. Thanks for reading, Follow this account to stay informed.

And as always,

Stay Awesome.

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Excellent article. Keep them coming!

Very good post. Thanks for bringing this to our attention. Be prepared for a fluctuating crypto market. We really need more insights in the market and previous investment results. An interesting website I found: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. On: https://www.coincheckup.com/coins/Ethereum#analysis To check Ethereum Investment research.

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