Should You Invest In Ethereum?
Should You Invest in Ethereum and Where to Buy Ethereum? Ethereum price has soared and it has outperformed many other cryptocurrenciesrecently. Given the investment interest displayed by Ethereum enthusiasts, should you invest in Ethereum or not? If it is worth investing, where can you buy Ethereum? Is Ethereum a good investment? Read on and find out the reasons why you should invest in Ethereum. Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. The opinions expressed in this article are the personal opinions of the author at the time of publication. Ethereum was developed with Smart Contracts and computation in mind, making it a more powerful and versatile platform than Bitcoin for performing more than financial transactions.Some analystspredict that Ether could eventually rival Bitcoin, in both volumes of usage and versatility as a platform for computation and cyber security. Read more on What Is Ethereum and How to Make Money With Ethereum? If you are wondering the legitimacy and the future of Ethereum , an organization called the Enterprise Ethereum Alliance (EEA) was recently set up to connect large companies such as JPMorgan, Microsoft, and Intelto technology vendors in order to work on projects using the blockchain. Given Ethereums maturity and multi-purpose design, it is the mostpromising solution for enterprise Blockchain adoption. In short, it has spiked recently because of the big names who believe in it. This was covered heavily by the media, resulting in the bullish trend we are witnessing. IMO its a safe bet that Ether will continue its rise. Now we have seen the hike in its price, will it continue and become the next Bitcoin ? The next big question is should you invest in Ethereum? Continue reading >>
Bitcoin's Biggest Competitor Isn't Ethereum -- It's This
Bitcoin's Biggest Competitor Isn't Ethereum -- It's This Could this cryptocurrency one day dethrone the almighty bitcoin? To borrow and modify a catchphrase from sports commentator Dan Patrick: "You can't stop cryptocurrencies, you can only hope to contain them." Since the year began, the aggregate value of all cryptocurrencies combined has surged from $17.7 billion to a fresh all-time high of $305 billion, as of Nov. 27. In less than 11 months' time, the value of all virtual currencies has risen by more than 1,620%! Mind you, the stock market, inclusive of dividend reinvestment, has historically gained about 7% per year. Digital currencies have absolutely left traditional assets in their dust this year. Leading the charge is bitcoin, which appears to be knocking on the door of $10,000 per coin. Bitcoin began the year below $970 a coin, so it's had an incredible run. Its current market cap of $162 billion actually places it ahead of Dow Jones Industrial Average stalwart General Electric. Bitcoin's biggest competitor isn't Ethereum Bitcoin isn't alone. In fact, CoinMarketCap.com lists 1,327 different investable virtual currencies as of Nov. 27 -- many of which have their very own underlying blockchain. Blockchain is the digital and decentralized ledger that records transactions without the need for a financial intermediary like a bank or credit union. With a low barrier to entry -- i.e., anyone with time, knowledge, and funding can create blockchain -- competition among virtual currencies and their blockchains can be fierce. The biggest competitor to bitcoin and its crypto-empire might appear to be Ethereum. Ethereum has the second-largest market cap of any digital currency, and it's had an even better year-to-date performance than bitcoin. Further, its blockchain is be Continue reading >>
280 Million Reasons To Avoid Investing In Ethereum
280 Million Reasons to Avoid Investing in Ethereum The number of cryptocurrency investing nightmare stories is growing. Historically, the stock market has been the greatest creator of wealth. Over the long term, stocks have returned an average of 7% annually, inclusive of dividend reinvestment. By comparison, bonds, gold, oil, and even home prices have lagged on an inflation-adjusted basis. But in 2017, cryptocurrencies like bitcoin and Ethereum turned this traditional mantra on its head. The aggregate value of more than 1,200 digital currencies combined has jumped from $17.7 billion at the beginning of the year, to about $192 billion, as of Nov. 12. That's nearing a 1,000% gain in just a little over 10 months. Leading the way has been bitcoin, which has the largest cryptocurrency market cap by a mile at $95 billion, and Ethereum, which has risen by nearly 3,700% year to date. Whereas bitcoin's notoriety is based on its size, first-to-market advantage, and the fact that a handful of large merchants accepts its virtual currency, Ethereum's hot 2017 is entirely based on the potential of its underlying blockchain technology. The Enterprise Ethereum Alliance currently has more than 150 organizations, including nine well-known companies, testing versions of Ethereum's blockchain in financial, industrial, and energy projects of varying scales. What makes Ethereum so much different from every other blockchain technology is its incorporation of " smart contracts ." These are computer protocols built into the blockchain that aid in facilitating, verifying, or enforcing the negotiation of a contract. In other words, it helps with financial supply-chain procedures and compliance processes in a secure and efficient manner. With so many organizations testing out Ethereum's blockcha Continue reading >>
What Is A Cryptocurrency? Should I Buy Bitcoin, Ripple Or Ethereum?
What is a cryptocurrency? Should I buy Bitcoin, Ripple or Ethereum? What is a cryptocurrency? Should I buy Bitcoin, Ripple or Ethereum? BITCOIN, Ripple, Ethereum and many other major cryptocurrencies plunged in value today, amid fears of an imminent trading ban in South Korea. But what is a cryptocurrency and is now a good time to buy? Bitcoin , the biggest and best-known cryptocurrency, is down more than 15 percent from this time yesterday, its market cap dropping from $239billion to $201billion today (January 16). A single bitcoin token is now trading at about 8,700 ($12,000) compared to its high of 10,484 ($14,445) yesterday, according to CoinMarketCap. This is nearly 40 percent lower than Decembers all time high of 14,520 ($20,000). Meanwhile, its next biggest rivals Ethereum and Ripple have also collapsed by about 15 and 24 percent respectively over the past 24 hours. Due to their extremely volatile nature, cryptos have dominated the headlines in recent months and divided the financial community. For those new to the digital currency market, here is a handy guide to cryptocurrency. Ripple price: Why is Ripple falling today? Should I buy Ripple? Put simply, a cryptocurrency is a decentralised virtual form of money that can be used to make purchases or be exchanged for other traditional and digital currencies. One of the most appealing aspects of a cryptocurrency is that it employs a security system known as cryptography. This makes it almost impossible to counterfeit, as well as allowing for completely anonymous transactions without the need for a bank. Bitcoin became the first decentralised cryptocurrency when it was launched by the mysterious Satoshi Nakamoto in 2009. What is a cryptocurrency? Cryptos are digital forms of money Compare crypto currencies (Ripple, Continue reading >>
4 Cryptocurrencies To Buy If You Missed The Boat On Bitcoin
4 Cryptocurrencies to Buy If You Missed the Boat on Bitcoin With bitcoin prices cracking $10,000, investors who were late to the game should seek out alternative cryptocurrencies Not known for providing conventional trading dynamics, bitcoin prices again shocked the world, this time exceeding $8,000. At this juncture, we may be standing on a critical inflection point. For those that believe that cryptocurrencies are in a bubble, the present bitcoin prices are a perfect argument. But to crypto supporters, the dramatic rise only proves the viability of the digital markets. Ive written extensively about cryptocurrencies, and Ive traded them as well. But even I have to admit that the meteoric skyrocketing of bitcoin prices is a shocker. Im not so surprised in terms of nominal targets: a few months back, I wrote about the not-so-crazy case for $10,000bitcoin . My InvestorPlace colleague, Will Ashworth, did the same . Rather, the speed at which bitcoin prices accelerated caught me flatfooted. Obviously, I stand with virtual currency supporters. My personal view is that if cryptocurrencies were a bubble, it would have popped by now. While I get why investors are hesitant to jump onboard what appears to many as internet tokens, we shouldnt underestimate how much information we have available today. If Google was around during the tulip-mania era, I doubt that so many people would have lost their life savings. And in the same logic, we hear so many stories about bitcoin prices being unsustainable. This is a bull market that has had every opportunity to collapse. Still, bitcoin prices today represent a considerable risk. Not too many can afford to plop down more than eight grand for a single coin. But if you feel that you missed the boat, dont worry! The following cryptocurrenci Continue reading >>
How To Buy Ethereum & Best Exchange Ratings
While all of these cryptocurrency exchanges do the same thing (facilitate buying and selling cryptocurrencies), they operate differently. To make things easier to understand, weve outlined 3 groups of exchanges: Group A This first group of exchanges allows users to trade fiat currencies (USD, EUR, GBP, etc.) and cryptocurrencies on an open market. These sites function similarly to traditional forex and stock exchanges, allowing users to make limit, market, stop, and even margin trades. Typically, these sites have limited deposit and withdrawal methods for fiat currencies, most commonly offering bank wires and bank transfers. While these sites can be complicated for new users, they typically have the lowest fees of any group. Exchanges in Group A include Gemini, Kraken, GDAX, & CEX.IO (CEX.IO also offers group B offerings). Group B The second group of exchanges operate more like online cryptocurrency retail stores. Rather than have their users make trades on a market, they directly facilitate the purchase and sale of cryptocurrency with their users. This creates a more beginner friendly process than group A exchanges. These exchanges also typically allow users to make purchases with debit and credit cards, in addition to bank wires/transfers. While these sites are typically thought of as the easiest ways for beginners to buy and sell Ethereum, they charge higher fees than Group A exchanges. Exchanges in Group B include Coinbase, CEX.IO, and Coinmama. Group C The last group of exchanges work similarly to Group A exchanges, but only offer cryptocurrency trading. This means on these exchanges you can only trade cryptocurrencies for other cryptocurrencies. This group does not offer the ability to buy or sell cryptocurrencies with fiat currency. Exchanges in Group C include Continue reading >>
Should You Buy Ethereum Now, Or Wait?
Is it time to buy Ethereum or would you be better off waiting? Thats the question on many peoples minds. With the major dip in the market last week many people are unsure if they should invest in Ethereum or other cryptocurrencies . Ethereum has had a pretty good 2018. First it hit $1,000 on January 4th. Then it started a long upward movement that saw it top $1,400, increasing its value over 40% in just six days. Then, what many are calling bloody Tuesday hit on January 16th, and many of the crypto markets dropped sharply. Ethereum closed that day at $1,053.69. What that showed was that Ethereum has a good support level at around $1,000. On January 17th, it did drop below that mark, on a 4-hour average, for 8-hours but then bounced back and has been trading between $1,000 and $1,150. Today the price of Ethereum started at around $1,080 and has moved down to the $970 range in the last hour. It is currently trading in the $966 to $985 range. The Ethereum downturn today is due to several factors including other major cryptocurrencies like Bitcoin, Ripple, Bitcoin Cash, Cardano, and Litecoin all being down today. This is most likely due to the news that South Korea has decided to tax cryptocurrency exchanges at 24.2%. One of the South Korean cryptocurrency exchanges, Korbit, halted fiat currency deposits from non-citizens. Their announcement comes ahead of them attaching verified identities to accounts to counter money laundering potential and appease local regulators. If $1,000 is the base support level for Ethereum, then buying around that price is a great place to buy. In fact, with Ethereum being slightly under that number at time of writing, it may very well be time to buy Ethereum. The cryptocurrency has already proven that it can outperform the rest of the market. W Continue reading >>
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now?
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now? (Photo Illustration by Chesnot/Getty Images) Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days. Thus far, the cryptocurrency roller coaster has helped speculators who have been on the right side of the market to amass fortunes. The trouble is that no speculator is smart enough or lucky enough to time the market. At least thats what mainstream financial economics claims. Seven-Day Price Change For Major Cryptocurrencies Source: Coinmarketcap.com 2/2/18 at 7:30 p.m. Sooner or later, speculators who play this game will find themselves on the wrong side of the market, losing the fortunes they amassed early on and then some. Thats why cryptocurrency investors should look beyond the current roller coaster, and ask where cryptocurrencies will be20 years from now. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don't own any Bitcoin.] Unfortunately, almost anything connected with the future of Bitcoin is speculative right now, says Jason Labrum, founder and president of Labrum Wealth Management. When you look at the sophistication level of the average person buying Bitcoin, its scary. They just see an asset that at times has gone up a whole lot in value, so you get a herd mentality of people wanting to jump on the bandwagon. Labrum isnt clear how things will look in20 years from now. It will be interesting in 20 years to look back on the conversations we are having today abo Continue reading >>
Should I Buy Ethereum Now Or Should I Wait?
Answered Mar 7, 2018 Author has 156 answers and 50.9k answer views Yes you can buy. The thing with Ethereum is, if you are a trader or an investor, it doesnt matter when you buy. What matter is how you sell it. Top 3 Multi Currency Wallet for all Cryptocurrencies Millions of people buy Ethereum everyday, making Ethereum the most demanded and the most sold cryptocurrency. This is a plus point for traders. Ethereum traders sell and trade Ethereum on the top exchanges. With millions of people ready to buy Ethereum everyday, you can easily make multiple trades in a single day. Making yourself amazing profits. Ethereum Exchange : Beginners Guide to Ethereum (Cryptocurrency) Exchange Im a day trader and Ive been trading Ethereum from a very long time. Trading Ethereum helps me take care of my living. Many people think trading is difficult, but in-fact the the process is really very simple. Youll require to know the techniques and strategies to make good trades. Continue reading >>
Forget Ethereum: Here Are 8 Intriguing Cryptocurrencies You Should Follow
Forget Ethereum: Here Are 8 Intriguing Cryptocurrencies You Should Follow Author: Sean Williams | February 09, 2018 In 2017, virtual currencies simply couldnt be stopped. Whenthe year began, the combined market cap of every cryptocurrency was just shy of $18 billion. But by years end, cryptocurrencies were worth acombined $613 billion. Thats a gain of more than 3,300% for you math-phobicfolks. For a single asset class, it might just be the best year ever recorded. This meteoric rise is often attributed to the excitementsurrounding blockchaintechnology . Blockchain is the digital, decentralizedledger that underlies cryptocurrencies and logs alltransactions without the need for a financial intermediary, such as a bank. Bitcoin may have been the first to put the spotlighton blockchain, but Ethereum, the second-largest cryptocurrency by market cap, has really driven blockchain evolution . Through the Enterprise Ethereum Alliance,200 organizations from around the world are testing versions of Ethereumsblockchain in demos and small-scale projects across a variety of sectors. Yet Ethereum is now valued at about $100 billion altogether. In other words, its far from being a hidden gem. At this point, it may be worth forgetting about Ethereum andturning your attention to cryptocurrencies that couldhave more upside potential. Here are eight such cryptocurrencies for you to follow. Among the largest cryptocurrencies(those with a market cap of $10 billion or higher), Ripple deserves considerationby virtual currency enthusiasts due to the incredible speed of its network andits growing number of partnerships. According to a transactionspeed analysis by HowMuch.net, Ripples blockchain is capable of processingup to 1,500 transactions per second. Thats not even 10% of what Visa (NYSE: V Continue reading >>
Bitcoin And Ethereum Price Has Peaked, Billionaire Says | Fortune
About two months ago, hedge fund billionaire Michael Novogratz made a bold announcement: Hed put 10% of his net worth into digital currencies including Bitcoin and Ethereum. But a lot can happen in a couple of months. Specifically, the price of Bitcoin has more than doubled, and the Ethereum price has multiplied six-fold. So around the time the cryptocurrencies reached all-time highs earlier in June, with the Bitcoin price hitting $3,000 and Ethereum breaking $400 the following day, Novogratz thought the current crypto boom had topped out. He sold a bunch of his digital coins. I think the market had a spectacular run, and trees dont grow to the sky, Novogratz said this week, speaking at CBInsights Future of Fintech conference in New York. So I probably still have roughly 10% of my net worth in crypto, but its been scaled way back. I own a lot less coins, theyre just worth more, Novogratz added. His call turned out to be well-timed. Just days after setting record prices, Bitcoin and Ethereum crashed as much as 25% in just 24 hours. Ethereum kept right on falling, at one point trading 46% off its high and thats not even counting last weeks flash crash in which the price briefly plummeted to just 10 cents. Cryptocurrency traders have become accustomed to their prices violently whipsawing up and down in waves a 30% drop in the Bitcoin price in May preceded its recent peak by about two weeks but the current downdraft appears more sustained. Though the cryptocurrencies, rooted in a technology system known as the blockchain, have each since recovered some of their losses, they have yet to come anywhere close to their highs. Now, Novogratz, who formerly ran a hedge fund at Fortress Investment Group and now invests in blockchain companies, thinks the cryptocurrencies have peake Continue reading >>
Top 3 Reasons To Buy Ethereum
Download your FREE report now: How To Invest in the Coming Bitcoin Boom Ethereum is the most promising technology investment out there. It's quickly proving to be one of the most profitable investments of all time. Since its birth in 2016, the digital currency has grown by over 1,100%. On its way up, it has made paupers into millionaires. And its growth is accelerating. If you had bought Ethereum in February, you would have tripled your investment by now. At Ethereums current growth rate, $500 dollars can be expected in the near future. Digital currency analysts think that we could see $500 before the close of the year. In the long-term, the currency is projected to enter the thousands. That means if you want to get in on this investment, you need to buy now. For those of you who dont know what Ethereum is, it's important to understand that it is much more than a digital currency. Ethereum is an open-source network. It is far superior to any other blockchain network. (I will go into the details of blockchain in the next section.) For now, know that when you purchase Ethereum, you are actually purchasing the networks digital currency, Ether. Ether powers the Ethereum network so by purchasing it, you invest in the network itself. Hence why all the coin exchanges use the coin's network name, Ethereum. This means that every time you buy Ethereum, you are putting money into the most powerful network that currently exists. And the potential for that network is endless. For the investors who are still speculative, the Ethereum facts detailed in this report should put you at ease and have you rushing to the exchanges. Ethereum has more applications than bitcoin Ethereum is backed by fortune 500 companies Ethereum is being incorporated by financial institution Ethereum has more Continue reading >>
Should I Invest In Ethereum Now (january 1, 2018)?
Answered Jan 1, 2018 Author has 54 answers and 95k answer views Top 3 Ethereum Project Price Predictions for 2018 During the past couple of years, cryptocurrencies have garnered the attention of every investor, especially after the meteoric rise of currencies like Bitcoin and the Ether. For example, in December 2015, a single Bitcoin was worth somewhere around $440, while the same Bitcoin was worth $2600 when I first wrote this article in July 2017 and was worth $9,500 when I updated this article in 29th of November 2017 and now is worth $12,900. Today Bitcoin was between $12,500 $14,000 a high fluctuation. This increase over a year and a half can be compared with the one made by the Ether, Bitcoins primary rival in the cryptocurrency sector. This article intends to look at 3 Ethereum price predictions for 2018. Speaking of that, couple of months ago Ethereum price was $300 and now is a bit over $750 (not bad right?). While I was updating this article, the price jumped to $820. But lets not forget that a month ago it was $400. What are the Ethereum price predictions for 2018? Keep in mind that attempting to offer a short-term prediction for the price of Ether is a difficult endeavour. For starters, the price of a single Ether is so volatile that it can lose 25% of its value in one day, only to regain it in the next. The most recent example is, 35 days ago was a bit under $300 and now is $700. But there was a lot of volatility in the last few weeks with Ethereum going to as low as $550 and back to $770. This volatility, as well as the novelty of this currency Ethereum was started 2014 drain technical analysis from any potency it might have in making Ethereum price predictions for 2018. Rendering any forecast suspicious at best. Therefore, all the following predictions t Continue reading >>
Bubble Or Not: Should You Buy Ethereum Now?
Bubble or Not: Should You Buy Ethereum Now? From being digital money acknowledged by very few, cryptocurrency has turned into a lucrative investment opportunity now. For investors who are in search of expanding their portfolios, cryptocurrencies such as Bitcoin, Ethereum, and other altcoins offer a great option. Ethereum, which is valued at around $1000 in 2018, is among the cryptocurrencies that are considered as a good investment. While there is a widespread belief that the cryptocurrency bubble is about to burst, is it wise to buy Ethereum now? Let us consider the pros and cons of investing in the cryptocurrency. Ethereum uses blockchain technology like Bitcoin, but it differs in the way it is utilized in different applications. Ethereum digital platform is a brainchild of Vitalik Buterin. Founded in 2015 , the Ethereum token, Ether (ETH), started to be used for all transactions within the Ethereum blockchain. Ethereum is, therefore, a financial system that is independent of government intervention and oversight. Ethereum has an exclusive programming language that helps developers create software which is used to automate and achieve specific results by blockchain transactions. The software created is named as Smart Contracts . Just like a conventional contract helps to lay down the specific conditions of an agreement, the Ethereum smart contract helps to ensure the terms are met with the help of code. The software executes an agreement when the predefined terms are satisfied. Thus the contract helps cut the costs and avoid delays that are often involved in manual transactions. While this is a basic concept, it can be expanded to encompass complex settings with endless potential for use in property, legal or financial services as well as insurance and other fields. Continue reading >>
Should I Buy Ethereum With All Of My Money ?
Quote from: ngefek berat on December 31, 2017, 10:26:10 AM If I have a large capital would be in use to buy one of the coins just like etherium example Because we do not need to be busy when the price up can surely be swapped quickly while at the same time you have a lot of coins automatically make a very big panic for fear of experiencing loss. No don't put all your money to buy ethereum just half of your money because you can use it for emergency. Also it not right to do because there's possible to lose your money but there's possible to grow your coin but its better if you divide it, atleast you have money to use. Quote from: chelle5 on January 16, 2018, 01:42:49 PM I do not really agree when you say that putting all your money just to buy cryptocurrencies.In my opinion it is not 100% that you will profit that much.Cryptocurrencies are down right now also bitcoin. Buying Ethereum is a good idea and can be a good investment as you hold it; but buying Ethereum with all of your money is not a good idea. The value of Ethereum is increasing but it is still not stable; so for me, it is not necessary to invest all of your money in Ethereum. Quote from: Lonego104 on January 16, 2018, 12:58:03 PM Wow lot's of confidence in Ether. Just be more cautious in your investment. Although if you choose to all-in in Ether it means bigger gains but it also expose you in higher risk when it turn sour. Try to break it into two. Its not wise to do, unless you have a lot of money or you have extra income that you can get when there something bad happen in ethereum, but even you have a lot of money, its not right to put all your money, its better if split it by two the half of it is for buying ethereum and half is for emergency uses. Although this is the right time to buy because of its low Continue reading >>