Is the price of Ethereum still low !? It is a good long term investment ?

in life •  6 years ago  (edited)


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More and more investors are buying crypto-currencies in 2018, with the price of Ethereum also low, many believe that buying ethereum is a good investment.

Let's analyze in 5 points why investing in Ether is so profitable.

In any human activity, self-interest remains the goal, and in the matter of investment, interest is expressed by gain. The quality of an investment is measured by the value of the gain it provides. Various factors are likely to condition the value of the gains of an investment: these are the hazards. In the field of cryptocurrencies, notably that of the Ethereum, it would be interesting to shed a little more light on the various market factors in order to better identify the short and medium-term future prospects.

The interest of the approach is to define if there is an opportunity to invest in this cryptocurrency which is the 2nd virtual currency from the point of view of market capitalization behind Bitcoin.

To determine the strengths of a cryptocurrency or the hazards that can influence its course, we must take into account its features already implemented and those to come. This is why it is necessary to refer to its roadmap. The roadmap lists the projects and ambitions of the cryptocurrency on the year, it is a kind of planning of the planned evolutions.

Why absolutely invest in Ethereum

1- Ethereum, more than a cryptocurrency is a platform

We must always invest in cryptocurrencies that offer a wide range of services beyond their exchange function. Because more cryptocurrency has features and applications of integrations to multiple sectors, safer it is. Not all services will be counter-productive at the same time.

Ethereum is not just about the Ether currency, it's a platform that integrates cryptocurrency and asset management tools; smart-contracts. These so-called smart contracts offer a multiplicity of applications that consolidate the network by diversifying the sources of revenue.

For simplicity, the Ethereum network allows everyone to do a lot of things like raising money, bidding, paying taxes, charging an electric car, playing a video game, and so on.


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2- Ethereum, as popular and easy as Facebook or Windows

In order to generate a profit, it is better to choose a cryptocurrency that has received wide support and is supported by a large community.

Ethereum garners a large vote in the world of cryptocurrencies. It is considered a normal and major evolution of the "paleo" cryptocurrency that is Bitcoin. Indeed, one could, for comparison, tell Bitcoin that it is the DOS cryptocurrencies, and Ethereum Windows or Mac OS popularized the system.

Like the operating systems Windows and Mac OS, Ethereum supports different applications from different editors, which is not the case of Dos or Bitcoin.

3- More than half of the cryptocurrency funds will transit via the Ethereum network

Your selection criterion must include a cryptocurrency able to give itself the objective of a solid market cap that can evolve over the medium, long term.

Ethereum has, in the opinion of many experts, a strong chance to see its Market cap evolve at a faster rate than that of Bitcoin.

Gradually reducing the dominance of Bitcoin and eventually replace it as a reference cryptocurrency, which will create a major rise in its price.

A scenario that is still hypothetical, but which convinces more and more experts, thus creating a virtuous circle.

Indeed, more and more investors think that Ether will soon exceed Bitcoin. Therefore, they invest in the goal that this prediction is realized.

These investments raise the Ethereum and inevitably reduce the dominance of Bitcoin.

This makes this hypothesis more credible, attracting new investors and so on.

Among these experts are Olaf Carlson-Wee, President of the Polychain Capital Guarantee Fund. According to Mr. Olaf, "the Ethereum knows an explosion of its course on average 20 times in one semester against 8.5 times for Bitcoin".

4- A slowing down of its production of currencies that will create inflation


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On October 16, 2017, Ethereum experienced a major update with the implementation of a protocol called Byzantium. This protocol is a prerequisite for its upcoming move to a so-called POS (Proof of Stake) compensation mode.

The immediate consequence of Ethereum's transition to a POS mode is that its stock of currencies will no longer be dependent on the ever-increasing number of miners, but it will follow a linear numerical sequence.


freely translated from : coin24


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hi, this articles is freely translated from a french blog : coin24*
the source is placed in the article !

Hello,

Copying/Pasting full texts without adding anything original is frowned upon by the community (using bidbots makes it even worse).

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  ·  6 years ago (edited)

Thank you for your response & tips

I will take this into account to develop my blog, not to make money here, cause since i'm on steem i just lose money :) I had an idea to make a blog that collects useful information from the world of cryptos for its followers, I did not intend to take profits, the use Bidbots only serve to gain some visibility! I am always in loss with the use of Bidbots!
just to share with you my idea about the Bidbots that are just taking advantage of the platform, because if the blockchain will pay 25% for a curator! it is for the time that will put to read and evaluate an article, is that has nothing to do with the understanding of the bidbots who sell their votes (so do not read the articles) after they also take the reward of the curation !!!
in this case the concept of steem is that the curator must have a lot of steem power to be able to give value to an article, otherwise and even if he is a good reader his opinion on an article does not have values or weight if he has no steem power, on the other hand,​ if he has a lot of steem power he can give value, that's why everyone sells votes or delegate to bidbots that just vote​s sellers !!
I like the effort made by the community so that the creation of content must be original 100% but all the concentration is only on the authors​ so that they give a proof of brain in order to have a deserved reward. But until now nothing will guarantee for the authors who will put 4 hours to produce content to have a reward! even if he has 10,000 followers who have to upvote for him and who each have 1 SP !!!

Security, adoption then scalability...

I am still bullish, obviously Ethereum has a number of important problems that need to be solved (scaling) but I am willing to bet on Vitalik to provide adequate solutions to move the project forward.

good

To the question in your title, my Magic 8-Ball says:

My sources say no

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7649.293$-5.52%-7.22%
ETHEthereum426.144$-5.08%-10.08%
LTCLitecoin78.256$-3.44%-9.82%
MIOTAIOTA0.937$-3.78%-5.03%
STEEMSteem1.297$-5.8%-9.62%

Eth will be at 1500💲 at the end of 2018

It has a great future ahead, although it has some improvements to work on, i think every project has . It's platform is more versatile.

I like Ethereum as well, but it does have a scalability problem that's worrisome.