Investing in Ethereum
Hi there,
I have a question about the Ethereum as a cryptocurrency in which to invest. Recently there was a Fake news about Vitalik Buterin’s dead in a car crash. Instantly the market react with a downtrend of the Ethereum. For me it means that the Ethereum price depending on the health of one person. That doesn’t seem right to me. So please somebody explain how is this even possible.
I'm not a financial advisor or professional investor. All the currencies are very volatile. Investing has a lot of risks. Read more articles to make informed decisions. Ether looks to be on a downtrend, but holds a lot of value. ICOs are also putting a lot of pressure on the network
Yes, i see the value. I don’t mind the volatility. I’m worried about the fact, that the state of one man have such Influences on the market.
Perhaps you'll find this interesting: https://steemit.com/cryptocurreny/@valderrama/forget-about-ethereum
I think it's too late to step into Ethereum and technically not the wisest decision. It's being technologically and architecturally outpaced.
Since the begining of 2016 I hear many time that the Ether is doomed, and yet he is still there. But you are right, all those issues make it unattractive. And yes, I will certainly look around.
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