Post
Topic
Board Speculation (Altcoins)
Re: Im planning to invest in Ethereum. Is this a good plan?
by
whyrqa
on 20/11/2020, 13:47:29 UTC
Investments in ethereum are good, when compared to others especially defi projects.
But I myself prefer to invest directly in bitcoin, especially at a time like this, the profit we will get is greater than investing in ethereum.
If we take into account the period of the end of 2018, when Bitcoin fell below $ 3,000, and Ethereum below $ 100, then until today these coins have risen in price not equal. And if we assume that the investor has chosen bitcoin, and not ethereum, then he received more profit unambiguously. But you need to consider the fact that there were certain points that prevented Ethereum from fully developing, including the complexity due to DeFi projects, due to which gas prices increased and the transaction speed decreased. But I believe the situation has already changed for the better and good prospects await Ethereum. At least we need to wait for the 2.0 update, which will happen at the end of January next year. Therefore, you need to use the right time to invest, just in anticipation of the full-scale hype around Ethereum.