Why Should you Buy Ethereum ? Top Reasons Explained !

There are many options to choose from when it comes to investing in cryptocurrencies , but it is also true that there aresome that can offer us better results than others, both short and long term.

Ethereum is one of the cryptocurrencies that we want to recommend, and that you should take into account at some point during this year 2018.

Ethereum emerged with the aim of improving Bitcoin's blockchain system and offers one of the most advanced platforms.

In addition, the focus on the use of smart contracts to develop applications is quite interesting for many, and that is why Ether has managed to revalue very quickly this past year.

In 2017, the price of Ether multiplied by more than 100 times, representing a 10,000% increase in the digital currency in just one year.

It is the second cryptocurrency with the most capital

At this moment Ethereum remains in the second position in the ranking of market capitalization, behind the Bitcoin leader and ahead of the Ripple cryptocurrency .

With $ 104,263,807,975 Ethereum is the second cryptocurrency with the highest capital.

We do take these figures into account, and despite its volatility, we know that Ethereum has become a stable and trustworthy cryptocurrency, since it has already capitalized enough money and because it offers us functional products.

Investing in Ethereum in 2018 could be a safe bet.

Ethereum is in an uptrend

There is more to analyze the graphics to realize that since its launch Ethereum has remained bullish. Yes a couple of years ago we could buy it for only $ 0.40 now we could get a return of 220,000% of our investment.

Ethereum's uptrend continued throughout 2017 and is likely to continue higher this year. Ethereum is already trading above $ 1000, so from now on the news of the digital currency in the media will be increasingly frequent.

Most advanced technology

As we said at the beginning, Ethereum emerged to improve the blockchain technology and we can affirm that the technology it offers is more advanced.

One of the main functionalities of the Ethereum platform has to do with the use of Intelligent Contracts. On the other hand, the way to use Ether, its cryptocurrency, is also different from how we use Bitcoin.

The blockchain system of Ethereum is more advanced, it uses a PoW hash function with more robustness and a complete Turing system.

To understand it, Ethereum means a complete programming language, which means that the applications are executed as they are programmed, without the interference of third parties or censorship or fraud.

Ethereum offers many applications

The Ethereum platform offers many practical and useful applications. If you have programming knowledge you can use Ethereum for software development .

Many of the applications that can be developed thanks to Ethereum are used at the corporate level.

Some examples that we can mention include: algorithms to store and manage records, online markets, Crowdfunding collective financing and one of the most widespread uses, the development of applications through Intelligent Contracts.

It has agreements with large institutions

The great potential of Ethereum has not gone unnoticed by large institutions, who have also been interested in the possibility of using Intelligent Contracts to develop applications that can adapt to their corporate needs.

In fact, Ethereum with the aim of encouraging this relationship with the big institutions created the Ethereum Business Alliance to connect its technology with the companies.

Therefore, many large companies decide to use Ethereum technology is another reason to think that the cryptocurrency promises a good future this year.

There are cryptocurrencies based on Ethereum
See if Ethereum will do well for a while now that new cryptocurrencies based on its technology have begun to appear .

As we know, Ethereum's technology is flexible and the new tokens help to develop new cryptocurrencies without the need to start a chain of blocks from scratch.

The cryptocurrencies that emerge from the blockchain of Ethereum also serve to strengthen it, and some of these are Basic Attention Token (BAT), Golem (GNT) and Lunyr (LUN).

Investing in Ethereum is easy

When more accessible is a cryptocurrency to invest much better.

In the case of Ether we can find it in many currency exchange platforms. Being one of the cryptocoins with more capital of the market, you will not find it difficult to access exchangers that allow you to acquire this digital currency .

In Coinbase.com for example you can find the Ethereum among its options and buy it using different payment methods. In addition, you will not need a large amount of money to make this investment, and the benefits can be very interesting.

Also, the new product of Coinbase.com "Coinbase Custody" will attract million-dollar institutional investments this year, since a minimum deposit of 10 million dollars is required to operate.

This will bring large sums of money so more reason to invest in Ethereum right now, so that we can benefit from its growth.

Ethereum will be trend in 2018

While it is already starting to be, for many of the reasons we have already mentioned, 2018 can be a good year for Ethereum. The communications media in general are increasingly interested in cryptocurrencies, and that Ethereum is the second cryptocurrency with more capital help, and much.

The popularity of Ethereum is increasing and it is very likely that this 2018 will become a trend. So, if 2018 is going to be the year of Ethereum , why not take advantage and invest now? Its trend will continue to keep rising so there is no reason not to do so.