Why Ethereum! Cryptocurrency is a booming business, and the value of Bitcoin (BTC) is skyrocketing.
You must be wondering how you can invest in cryptocurrency as Bitcoin is becoming unaffordable with each passing day.
Well, don’t worry!
Ether (ETH) or Ethereum is the world’s second-largest cryptocurrency after Bitcoin which promises a bright future. Ethereum is still affordable and presents an excellent opportunity for you to invest.
Ethereum offers a variety of options to its holders. You can either use it as money or can store it online to earn profits.
Let us find out what you can expect from Ethereum in the future.
What is Ethereum?
Launched in 2015, Ethereum or Ether (ETH) is a cryptocurrency of the Ethereum network. Ethereum is built on blockchain technology and works in a decentralized manner.
Today, Ethereum is the second-largest cryptocurrency by market capitalization, worth around $2,935 as of April 2022.
It aims to be much more than simply money or a storage of value.
You can use Ether (ETH) to exchange goods and services. Ethereum is expected to be the next biggest cryptocurrency after Bitcoin, thanks to its rapidly rising value in the last few years.
So, this is the right time to invest in Ethereum instead of wasting your time and money.
Why Should I Buy?
The value of Ethereum is increasing day by day and you can buy it today when it is still affordable.
Instead of its affordability, Ethereum is much more than just a cryptocurrency.
Here are some benefits of Ethereum that you can enjoy by buying it:
- You can use Ethereum for financial transactions like smart contracts.
- With the largest ecosystem in blockchain and a committed global community for years, the future of Ethereum looks bright.
- You can enjoy the freedom from third-party intermediaries with Ethereum.
- The Ethereum community is always working to improve its network by working on new and amazing decentralized applications.
Many global leaders have come forward in the support of Ethereum and are buying it. One such leader is Carl Runefelt, alias, The Moon, who made headlines worldwide when he purchased a Bugatti Veyron Grand Sport worth $2 million purely with Ethereum in Dubai.
Carl says, “I had gotten some nice profits from my Ethereum holdings for a long time. I have been holding Ethereum for multiple years.”
From Where You Can Buy Ethereum?
You may have heard people saying that you cannot directly buy Ethereum since it is a network.
Well, this is wrong!
You can buy Ethereum as simple as you can buy Bitcoin. You will buy Ether which is a coin and can use it on the Ethereum blockchain.
Listed below are some simple steps through which you can buy Ether:
- You need to pick a cryptocurrency exchange like Binance, Kraken, or Coinbase to create an account.
- You can deposit cash in the account by using your bank account or debit card.
- Then you can now buy Ether.
- Once you buy Ether, you can trade it in the future.
- You need to choose a safe wallet to save your coins. A cold wallet is recommended over an online wallet.
So, buying Ethereum is super easy.
What is the Future of Ethereum?
Well, this is a tough question. Isn’t it?
Cryptocurrency was unknown to many when it first appeared on the global stage. However, with time, cryptocurrency has come a long way and is supported by many as the best alternative to fiat or traditional currency.
Today, where Bitcoin may be out of your reach, you can invest in Ethereum to make a lot of money in the coming years.
Ethereum is the most valuable cryptocurrency after Bitcoin. Yet, it is affordable, and you can buy it.
With Ethereum, you can become a global crypto leader. Ethereum presents a massive opportunity for you to earn a huge fortune in cryptocurrency.
Carl is pushing for the mass adoption of cryptocurrency and believes in a crypto-dominated global economy.
On his YouTube channel, The Moon, he says, “Cryptocurrency is recognized across the world and is not affected by exchange or interest rates. It would also provide individuals living in economically fragile nations more stability and predictability.”
So, this is the right time that you should start investing in Ethereum instead of waiting for the right moment.
