The benifit of trading ethereum !

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Ethereum is the second biggest cryptocurrency after bitcoin. I remember when it cost about $5, a friend of mine told me to buy it, but I didn't. I kept holding bitcoin till the end of the last year. I bought a few ethereums when it was about 0.1 BTC. It's going down now, but it doesn't mean it will not go up again.

Ethereum is the sleeping bitcoin, this is how I call it. It can potentially go up to $10,000 by the end of this year. If it went from $1 in 2016 to more than $7 in 2017, and if it went from $7 in 2017 to $700 in 2018, this year it can also boom !

Ethereum is a very important cryptocurrency, sometimes it's even more important than bitcoin. Because most ICOs are built on ethereum and it's gaining more and more fans. Ethereum is advertised by a lot of communities and some people even think that ethereum will take the place of bitcoin someday.

I think if you are a long term trader, you can buy a few ethereums and wait till the end of the year. It has to be very profitable. If you are a short term trader, I don't advice you to risk your money buying it now. The right price to buy it is 0.03 BTC. This is the benifit of being a long term trader, you don't care about the recent price and just buy only the good cryptocurrencies.

If you take a look at this chart, you understand that ethereum is very cheap to buy :

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So, don't be afraid of buying ethereum, this is what I think, but of course everything is up to you, read more and decide by yourself.

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