Should I invest in Ethereum or Golem, and why?

in steemit •  7 years ago 

Invest in Ethereum and then consider investing in Golem.

Ethereum is to Golem what Windows is to Excel: you can have Windows OS running 100s of applications but NOT Excel. Or, you can have Windows and run Excel on top of it. But you can’t run Excel without Windows.

In other words, success of Golem will bring success to Ethereum as there is no other way to “run” Golem but through the underlying Ethereum blockchain.

On the other hand, failure of Golem may not affect the slightest the Ethereum value, since Ethereum has 100s more applications to support and gain from.

In terms of investing, Ethereun belongs in a different class of assets than Golem:

Ethereum belongs in the class of “blockchain platforms” while Golem belongs in the class of “specific solutions on the blockchain”.

Since the platforms will benefit from the success of multiple applications, I would first seek to differentiate my investment into different platforms, and then consider another portion of my capital to invest in specific applications like Golem.

Thus, I would first invest in platforms among Ethereum, NEO, Waves, Lisk, Stratis etc.

Then, I would seek to invest in “specific solutions” class tokens like Golem, 0x, Augur, Gnosis, Bancor, Factom etc - there is a really big list of ICOs here, growing fast!

Let’s visualize this:
main-qimg-0bde1066f3586e6aec7937a0c31b59b6.png

As you see, Ethereum claims almost 70% of all Decentralized Applications currently in ICO phase or trading!

It may come as a surprise to many, but Bitcoin itself powers also some DAPs even though it is not built specifically for this purpose.

Multiple platforms are coming up, however the gap between them and ETH is currently hugely in favor of ETH.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.quora.com/Should-I-invest-in-Ethereum-or-Golem-and-why