Why Ethereum is Best Investment ? Should you Invest in Ethereum ?
If you are a crypto investor then you would have heard the name of Ethereum because of such a popularity of ethereum but before investing into this, we should have to know why ethereum is so popular and why we should invest into ethereum.
![2ether.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmUQZEqi6V3LmmRyNUCCcZBghh9AjnahPtDLgcwEi1npVy/2ether.jpg)
Decentralized App :
Ethereum platform is provides Decentralized Applications where App Developer can make decentralized apps from ethereum platform and this is the power of ethereum which makes ethereum platform better than other cryptocurrencies. The best part of ethereum is the app developer who wants to make decentralized app, they have knowledge of java language and we all know that most of the applications are based on java language so app developers having big opportunity to develop java based decentralized apps.
Fast transaction than Bitcoin :
Ethereum transactions are very faster and smoother than bitcoin transactions. You can send ethereum to other person and they get it quickly than bitcoin transactions. The ethereum is having transaction rate of 15-20 transaction per second as compared to bitcoin because bitcoin take 7 transactions per second but if we compare with iota or visa then ethereum is having slower transaction speed.
The main advantage of ethereum transaction over bitcoin transaction is there transaction fee. Ethereum having very less transaction fee than bitcoin.
Verified transaction:
Unlike process of bitcoin transaction, the ethereum transactions are based on proof of stake where the transaction is only done when it is verified by some calculations which are done by computer. It is very important to verify transactions whether it is really sent or not and verification process take place, there is no chance to cheat because the verification not done by any person, it is done by many computers and they gets rewarded for confirming transactions.
Smart contract :
It is digital contract stored inside blockchain, when new ico launched based on ethereum platform then this ico needs specific amount of money (via ethereum) to launch their idea and these money comes from the supporters who supports these idea, if supporters takes their ethereum to reach that specific amount thru smart contract then these ico can be started and if they did not reach then all ethereum of supporters will be refunded to them with the help of smart contract. By simple example, If you want to buy car with ethereum you can get it and if you not get your car then your ethereum will be refunded to you.
ICO on Ethereum platform :
The best thing of ethereum is that if a company wants to launch their own ICO then they can do it with the help of ethereum platform. The money which need for ICO can be taken by ERC20 token which is ethereum based token and with that process the ICO indirectly helps ethereum to grow.
Ethereum Roadmap :
Ethereum team is very consistent with their work and updates. They always complete their updates within time.
From 2015 there are big updates which are done as per the ethereum roadmap to take ethereum to next level. The updates which are taken by ethereum team are Frontier, Homestead, Metropolis and recently launched update Serenity which is a programming language done by ethereum platform.
Proof of stake :
The main difference between bitcoin and ethereum is bitcoin is based on proof of work and ethereum is based on proof of stake. Proof of work require mining to perform trasaction of bicoin and proof of stake require verification from calculation dond within computers to perform transaction of ethereum which is very convenient than mining so most of the people prefer to work with ethereum.
Perform Best in Volatile Market.
We all know that cryptocurrency market is highly volatile market than stock market so it is difficult to choose best cryptocurrency for investment in such a market but as we look at the ethereum, it perform very well in such a volatile market as compare to other cryptocurrencies because of the idea behind the ethereum and huge services provided by the ethereum, it perform great even in the red days of market.
Attracts New Investor :
When new investor comes into crypto market, they first see on coinmarketcap for crypto they want to buy and we know that, ethereum is having second position on coinmarketcap so new Investor may thinks to invest into ethereum rather than investing to other crypto. One more thing they may notice that the price of ethereum is lower than the price of bitcoin so they also thinks that it is better to having ethereum than bitcoin because of there lower price and that can be helps ethereum to reach new high.
Buying Crypto with Ethereum
In all exchanges, whenever you want to buy any cryptocurrency then you buy it with only top cryptocurrencies such as bitcoin, ethereum, litecoin or neo and if we dont want to buy crypto with bitcoin then we mostly prefer to buy with ethereum so it is the nice thing we have to consider.
Ethereum is not a Security :
The director of Securities and Exchanges Commission (SEC) which is William Hinman said Ethereum is not a security which is good thing about ethereum and because of that decision; the big investors may invest into the ethereum for safest investment.
So that’s it for today and comment me what do you think about ethereum?
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This is not financial advise so invest at your own risk.
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I thing eos is next ETH. Bhai eos pe Stady karo. And follow and like me
Thanks for your appreciation brother.. and i will make article on EOS very soon, so stay with us .
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yes sir
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