Ethereum is my Second Choice.

in hive-175254 •  4 years ago 

The beginning of this week has been really stressful if you are like me who always watched the cryptocurrency market because of the recent market fall.

Then as of the day before yesterday we saw some increase in the Markets but it is not like it has been going up like it was going down in the early days of this week.

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Ethereum the junior brother to Bitcoin as I like to call it 😁 made some moves that I couldn't believe before the market fell, it was selling at $700 then when it market fell it went as low as $500.

I was really not because I bought mine at the price of $496 and was not able to sell when it rose to $700 because it was late when the market started to fall and I was sleeping then, If not I would have made some profit.

Then few days ago it started to show some green in the market and now ethereum is selling at $557 and that is looking not too bad but we are still hoping it keeps increasing till it reaches $700 before December 12.

Right now I would be answering some questions from the contest so as to explain more on my points, mind you this are my opinions so don't take it personal.

Question and Answer

What do you think of its future prospects?
Ethereum has been on the cards to be one of the altcoins to replace Bitcoin on supremacy but that would be a long time before that happens.

This Etheruem 2.0 that has been creating some hype in it's release has also boosted the Etheruem price, but we are not yet swing that big jumps.

Ethereum is just fast in exchanges that is why some people prefer it to Bitcoin, that is even the reason why I bought it and I have been exchanging it since.

I really want to believe that there would not be another fall in the Cryptocurrency Market again at least for this year because Ripple is already making some corrections earlier today but Litecoin has been really busy today but it never last when it comes to Litecoin.

I think that early correction that happen this week was because a lot of whales was exchanging Bitcoin in large quantity that is why it happened to fast.

Finally it I would want to say cryptocurrency block chain is interesting and if you are holding a cryptocurrency be really current because the market can change any time so as to not loose.

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