Post
Topic
Board Economics
Re: £500 to spend, on Ether or Bitcoin?
by
nightways
on 01/06/2018, 09:26:17 UTC
Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks
Ether is very good, and it is one of the top best cryptocurrencies available. I’m very sure that most investors would go for it without thinking twice about it, cause… you don’t have to think about it lol😆. But since you’re comparing it with Bitcoin, then Bitcoin is hands down the best option you should probably go with. If you invest your £500 into Ethereum, you won’t much profit from it. But if you invest that money in Bitcoin and leave it till end of the year, trust me, you will make a huge profit by then.