Is Ethereum a good investment?

Thinking about whether to invest in Ethereum? Not sure whether to invest in Bitcoin or Ethereum? You’ve come to the right place. In this article, we discuss the Ethereum cryptocurrency, its trading and exchange price, and how it compares to investing in Bitcoin.

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What is Ethereum (ETH)?

Strictly speaking, Ethereum can refer to two things:

1. The Ethereum network, an open-source software platform based on blockchain technology that enables developers to create smart contracts and decentralized applications.
2. Ethereum, a cryptocurrency built on the Ethereum platform. This currency is officially called Ether. In this article, we discuss Ether as an investment opportunity. When someone talks about buying, trading, investing in or paying with Ethereum, they mean the Ether currency.

The Ethereum crypto token has long been regarded as second-ranked after Bitcoin, the original cryptocurrency. Ethereum has the second-largest market share after Bitcoin and the second-highest trading volume among cryptocurrencies, once again behind Bitcoin. As such, ETH is seen as an attractive investment for investors who are interested in the crypto space.

Make no mistake – Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in many ways and represents the bleeding edge of digital currency. – Fred Ehrsam, Coinbase co-founder

Is Ethereum worth buying?

Ethereum’s price makes it much more accessible than Bitcoin. At the same time, the potential profit is very high. Ethereum can be bought on the crypto market with the help of a cryptocurrency exchange. Top-rated crypto platform StormGain makes buying ETH easy, by allowing clients to buy Ethereum with a credit or debit card at the dollar price, according to the latest crypto market index.

Can I make money investing in Ethereum?

You can absolutely make money investing in Ethereum. In fact, a lot of people already have. Like any investment, it’s all about timing. At the time of its launch, early adopters could buy Ethereum for around one dollar. Ethereum’s all-time high price in 2018 was over $1,400. That’s quite a return.

Anyone who sold their Ethereum at the price peak in 2018 will have enjoyed a mind-boggling profit. However, there are still investors holding on for dear life, who think that Ethereum’s best days are still ahead. The current value of Ethereum is $188, but history has shown that any surge of interest in cryptocurrency is as likely to benefit Ethereum just as much as Bitcoin.

Financial analysts and veteran crypto investors predict that the price of Ethereum could reach around $320 per ETH, this coming from the most conservative opinions. The highest estimates from Ethereum evangelists predict that the ETH price could soar to over $11,000!

Of course, nothing is guaranteed, but an investor who takes the time to educate themselves on the historical behavior of ETH, as well as the future predictions of cryptocurrency experts, can stand to make a lot of money investing in Ethereum.