Despite Volatility, Ethereum Likely To Reach All Time Highs In Near Future.
For one, Ethereum has been showing signs of it being ready to overtake Bitcoin in the near future. In his interview, CEO of Polychain Capital, Olaf Carlson Wee, said that investors are likely to see Ethereum rally against Bitcoin as early as 2018.
While Bitcoin has already reached its new all-time high of $3000, discussions about Ethereum reaching up to $1000 has been making rounds. Seeing as though most investors may have already missed the rise of Bitcoin, the next cryptocurrency that is currently getting the most attention is Ethereum.
Finally, autonomy is a driving factor for cryptocurrencies: taking money from financial institutions and into the hands of the individual. Since Blockchain technology solely relies on peer to peer transactions that do not have to go through traditional financial institutions, many people in Asia (particularly South Korea) and The Middle East are taking advantage of the decentralized nature of Blockchain technology.
Long term investment
There may be some dips that happen when the graph of Ethereum moves. Nonetheless, it may be worthwhile to invest in the long term growth of Ethereum.
Once the Ethereum reaches its $1,000 mark, another story will unfold as to whether Bitcoin will react and raise the bar.
Investors who buy Ethereum now may start selling when the price reaches $700 in order to gain some quick profits, but Ethereum appears to have the longevity necessary for long term investment.
With the fast growth of Ethereum, it may be prudent to position your investments before it hits $750: with its increasing price comes greater uncertainty.
ETH was a great, great deal when it was in the $180s last week. As I'm writing this, it's currently valued at $235. Id rather have steady gains in this investment over explosive. I'm eager to see what comes out of the ether alliance.
I see you've met @cheetah already:)
@cheetah is a bot and checking every post to see if it is an original work or not. If he finds out that it is copied from the internet, it will take a note of it. After repeated occasions @cheetah will put you on black list which means that many people will flag your posts.
If people start flagging your reputation will go down and your post will be less visible therefore you will make less money!;)
If you want to use stuff from the internet, try to add some of your own opinion, notes, comment, but most importantly give credit to the original source. Share only part of it maybe and give a link to the original source.
Never copy/paste a whole article no matter how much you agree with it or how desperately you want to share it.
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