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Topic: 12 Reasons to Invest in Ethereum 2021 How to do it? (Read 197 times)

newbie
Activity: 28
Merit: 2
I read in this article that Ethereum is on the list of the most promising cryptocurrencies for 2021. If you're wondering why and which others made the list, here's the link. https://blockster.com/blockdesk/1403_the-most-promising-cryptocurrency-investments-in-2021
full member
Activity: 686
Merit: 103
www.fintropy.io
Thank you for your deep research. I totally agree with all points. Also I would like to add that the Ethereum team is really caring. They don't stop the development of their product. They are constantly improving it. There is going to be a launch of Ethereum 2.0. in the next several years. Also we have seen the London hard fork recently. All of this makes Ethereum more efficient and convenient.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Good reasons but for people with the small amounts of money and this coin is not worth anymore. When you're looking for a gem that can give you a lot of returns and ethereum may not be suitable for that.
You have been mentioning all of the good reasons for why investing in ethereum was a good decision but it's only for someone with a huge amount of money.

Imagine when i was using $100 to invest in ethereum and can i expect 10x or even 100x from the current price?
Ethereum may make another 2x or 3x return but it will not possible anymore to make another 10x. at least ethereum 2.0 will be a game-changer for anyone who is interested to invest in ethereum.
hero member
Activity: 3080
Merit: 603
Yeah there have been very bullish news on Ethereum .
The update that we all being waiting for for ages is going to be a gamechanger.
And it is yet to come. But sure it is going to be a game changer when Ethereum becomes POS. They are making those changes gradually and there might be a reason why they just can't go all in with it. The process should be done a little by little to implement those things before the grand change and upgrade will be made through Ethereum network. As for the NFT network or market, there has been a fair share that it gives to it and if it continue to thrives, Ethereum will be the first one to have that positive impact.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
Nice and well organised, After launching Ethereum 2.0, its security level will be upgraded along with its mining energy. Ethereum 2.0 consume less energy that's why it able to grab some popularity after upgrading at 2.0 version. So, I think Elon Musk can't said that Ethereum is not Eco-friendly at all, lol. Cheesy

Ethereum has more real-world utility than any other single altcoin. It is old and used in real-file in various ways for its smart contract feature. So it is safe to say that this is a potential coin, and its position is right after Bitcoin.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Ethereum is a very potential coin, this is also an old coin. this is always considered the best cryptocurrency after Bitcoin.
So, investing in this coin will be always worthy enough.
Although actually investing in 2021, when the price of Ethereum has really been increasing up, is a little bit late. But I think that the price of Ethereum can still rise up.
I personally have invested in ETH from the previous bearish in 2019. So, it is very valuable to take profits during the Bullrun era at the moment in the first quarter of2021. And let the least in my wallet enough

Indeed, even if the OP doesn't list the 12 reasons or 20 reasons why, this currency for me is really worth to invest. The foundation is rock solid and the developments are real and they really deliver. Even if some tasks are delayed but still, they produce results. In my opinion, even if we invest today, you can still get profits in the future, as the price is still going up.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
Ethereum is a very potential coin, this is also an old coin. this is always considered the best cryptocurrency after Bitcoin.
So, investing in this coin will be always worthy enough.
Although actually investing in 2021, when the price of Ethereum has really been increasing up, is a little bit late. But I think that the price of Ethereum can still rise up.
I personally have invested in ETH from the previous bearish in 2019. So, it is very valuable to take profits during the Bullrun era at the moment in the first quarter of2021. And let the least in my wallet enough
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
in addition to the reasons above, it is believed that it will bring Ethereum to its latest ATH point. The Longforecast page writes that the prediction that Ethereum will reach US $ 5,670 in October 202, In addition, the network capacity has also doubled. These advantages are the drivers of Ethereum's positive sentiment.

A prerequisite for this will be a reduction in the transaction fee. But so far we have not seen this, although we had pinned our hopes on the last fork of London. The transition to Ethereum-2 should also solve this problem, and in this case, we can assume the next ATH equal to $10k.
Well that is thou for the price that reaches that amount when there is a new ATH.
Ethereum was a good coin and it was always been there and it was able to maintain its position behind bitcoin and I think that is a good asset to hold that can give a high possibility of profit. If bitcoin is a very recommendable investment and I think ethereum will goes the same, someday it will give multiple profits upon holding. The main problem as of now is the high cost gas fee.
sr. member
Activity: 826
Merit: 252
Is it a good idea to invest in Ethereum?

Is it a good idea to invest in Ethereum?

Investing in ethereum in 2021 is already a battle for investors to get Eth02. I think Vitalik has created something that makes people dependent on Ethereum. In conditions of high crypto prices, Vitalik came up with a crazy idea by burning Ethereum every transaction. Investors think that the price of Ethereum will be higher in the future.

What does this cryptocurrency have that many see as the most powerful competitor to Bitcoin? Will it be able to surpass the crypto queen?

But talking about Ethereum being a strong competitor to Bitcoin, I don't think Ethereum is at that stage yet. But Ethereum remains the queen of all altcoins, and of course the king is still Bitcoin.

Will it be a good investment?

Yes. Ethereum is the best and promising investment. Even though the coin price dumped sometime, ethereum was able to get through that difficult time with ease. That is, when a bullrun occurs, the price of Ethereum will return to normal, it can even pass the previous ATH.
sr. member
Activity: 2016
Merit: 283
Ethereum is the real winner when it comes altcoins in the market so definitely it will last and there's more good improvement in the future,  this is proven and tested, indeed. so perhaps no one will declined ethereum no matter what happen in the market due to some reason.. Whrein only blind will not see the value of ethereum especially for long run. Lol, and i believe also that no other old coin in the market that will last except ethereum and bitcoin even there is more emerging new crypto currency that has good technology like them because these two is very genuine.
newbie
Activity: 2
Merit: 0
Yeah there have been very bullish news on Ethereum .
The update that we all being waiting for for ages is going to be a gamechanger.
legendary
Activity: 2268
Merit: 1655
To the Moon
in addition to the reasons above, it is believed that it will bring Ethereum to its latest ATH point. The Longforecast page writes that the prediction that Ethereum will reach US $ 5,670 in October 202, In addition, the network capacity has also doubled. These advantages are the drivers of Ethereum's positive sentiment.

A prerequisite for this will be a reduction in the transaction fee. But so far we have not seen this, although we had pinned our hopes on the last fork of London. The transition to Ethereum-2 should also solve this problem, and in this case, we can assume the next ATH equal to $10k.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
if I myself to invest in the long term I will only focus on crypto which has been in any market so far..
because I am looking for safety so that the losses are not so much,, even though now there are many cryptos that have sprung up on the market and must be careful to make decisions in invest..
hero member
Activity: 2436
Merit: 503
Cryptocasino.com

I may think to add some reasons other than the reasons that you have mentioned above

13. Deflationary

With the recent spike in the ethereum fees and it was also creating deflationary for the ethereum supply. This is also sometimes preventing the new ethereum that generated by the miners as the ethereum got burned more than ethereum that issued by the miners in hourly basis.

14. POS

Ethereum may migrate to the full POS system that will be giving ability to the holders to earn the passive income from securing the network. This is also making a lot of people can stay in ethereum.
Even when the yield was not so attractive but it gets a very good guarantee as ethereum was the biggest coin after ethereum.
sr. member
Activity: 1218
Merit: 254
Trphy.io
Thank you for sharing about ETH And this is a very long and complex explanation. But in essence I am also currently holding ETH and am grateful that I have enjoyed the results of my holding it a few years ago.
member
Activity: 658
Merit: 10
Catena X
in addition to the reasons above, it is believed that it will bring Ethereum to its latest ATH point. The Longforecast page writes that the prediction that Ethereum will reach US $ 5,670 in October 202, In addition, the network capacity has also doubled. These advantages are the drivers of Ethereum's positive sentiment.
member
Activity: 301
Merit: 13
$CYBERCASH METAVERSE
Ethereum will remain the king of smart contract for sure no matter what other project comes with better solution, the case is just going to look like BTC and it's fork, Bitcoincash for example has cheaper and faster transaction fee but still can't take over BTC, you can't go wrong investing in Ethereum for long term
newbie
Activity: 11
Merit: 1
12 Reasons to Invest in Ethereum 2021
Is it a good idea to invest in Ethereum?
What does this cryptocurrency have that many see as the most powerful competitor to Bitcoin? Will it be able to surpass the crypto queen?
Will it be a good investment?
We will solve these and many other questions in this guide on this popular cryptocurrency.
I anticipate that there are many who bet on this cryptocurrency but there are also many who say that it will not go too far.
Of course, you will not think that everything is a bed of roses when it comes to investing in Ethereum. No investment is risk-free and neither is this currency.
I'm going to cut to the chase and list the reasons why it is a good idea to invest in Ethereum and the reasons why it may not be such a good idea.
Advantages and disadvantages of investing in Ethereum
1 It's more than a cryptocurrency
Ethereum is not a cryptocurrency itself (Ether is the token that is used in it for exchanges), but a platform based on blockchain technology that allows to develop decentralized applications that use Blockchain in it, so its potential lies in its power as a kind of structure based on the programming of a possible virtual world. Bitcoin, on the other hand, is more of a pure currency.
2 Smart contracts
It can be used to create Smart Contracts with which its potential is enormous. It seems increasingly clear that the future of crypto is going to be related to this type of contract.
3 He's behind DeFi
This is one of the developments that are called to dominate the future of global finance and especially related to the virtual world. Many experts say that DeFi will eventually replace traditional centralized finance. At Harvard they are thinking that this may be the basis of future finances.
4 The NFT market depends on Ethereum
Another of the trendy markets for cryptocurrencies and everything related to the Blockchain. Stories like those of cryptopunks and other platforms have meant that these tokens have risen to fame.
These Non-Fungible Tokens that are based on smart contracts seem to be leading the way towards a new way of proving ownership of things, something that apparently can also be applied to physical goods, not just virtual ones.
Why is Ethereum important here?
Because a good part of the most important NFTs are built with the technology of this crypto.
5 The World Economic Forum bets on tokenization
The controversial WEF has published that it is expected that by 2025-2027 10% of the world's GDP will be tokenized, that is, it works under blockchain technology transactions. And what is the most powerful blockchain technology in the token market? Ethereum.
6 It allows to diversify in cryptos
Many investors are nervous about investing in only one or a few assets.
Bitcoin is the cryptocurrency that attracts the most interest and investment, but many of the investors who enter this market look for other assets where they can maintain a more diversified profile. In crypto the best asset to get into after Bitcoin is the https://www.blockchainx.tech/erc20-token-development development of ethereum, so any crypto portfolio that seeks to comply with this concept would do well to acquire this cryptocurrency in it.
7 It is a remedy against censorship
As it is a decentralized technology on the Internet, it is capable of resisting censorship attempts by the authorities.
For example, suppose a government wants to block access to a website in a country; something that is perfectly possible. What is not possible is that government eliminates a "transaction" recorded in the blockchain. In this way, a publication in the Ethereum system is recorded on a decentralized computer network to which the government has access. It is true that we can argue that the government can make it impossible for you to have a computer and therefore the above is of no use, but there we would already be in a more complicated form of dictatorship.
8 It has strong support from the institutional and financial world
Every year that passes, more large institutions are putting money into the cryptocurrency and therefore building positions in the Ethereum ecosystem.
For example, a software company developing Ethereum-based infrastructure received $ 65 million from UBS, Mastercard, and JP Morgan Chase. And this looks like it is only the beginning of increasing investments in this market.
Why is Ethereum not a good investment?
As I mentioned, not everything is easy for Ethereum. Don't think this was going to be the perfect asset, with no weak points. That asset, I'm afraid, doesn't exist.
9 Governments will end up banning cryptocurrencies
There are more and more rumors on the net and veiled threats from states about the problems posed by the cryptocurrency market and how they pose a danger to the world of central banks' FIAT currencies.
Many fear that the same government of the United States will end up banning cryptocurrency transactions and that this could affect Ethereum, in which case it is possible that the price would have big drops.
Undoubtedly, the situation is uncertain and explosive for the next few years.
10 In the end only Bitcoin will remain
In the world of cryptocurrencies, for example among the influencers of the sector on Twitter, there are some who say that in the end most cryptocurrencies will go to zero and that only Bitcoin is worth it. They claim that there is no room for many cryptocurrencies in a global financial system that will have to be based on the strongest one, which in this case would be Bitcoin.
This point of view seems quite dramatic but we cannot rule out anything in a world as wild and unpredictable as cryptocurrencies.
11 Important and growing competition in DAPPs
There are certain sectors and sub-sectors of the world of tokenization and DAPPs, where there are other more dominant cryptocurrencies that have eaten the ground from development of Ethereum.
It seems that the DAPP markets are strongly dominated by the cryptocurrencies NEO and Tron, with Ethereum remaining with only 3 of the first 50. In the gaming and casino niches the above cryptocurrencies are clearly dominant.
12 Particular security issues
The episode of years ago with the separation of Ethereum and Ethereum Classic after a historical hack is still remembered by some, so it is always recommended to exercise caution in these blockchain paradigms.
It is true that since then Ethereum has had an impeccable record of stability and has proven to be very difficult to hack. Hopefully it will continue like this in the future.
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