Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.
Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys
I wouldn't say that investing in Ethereum for the long term is a good idea, but sure if you believe that Ethereum is going to take off in the future, by all means invest in it. The worst thing you can do is to keep your fiat under your bed and not do anything with it.
Personally when I think of Ethereum I think of litecoins - litecoins were a sensation as well when it got out. Now it's dying.
The fact is that you cannot replicate the status of bitcoin being the first ever cryptocurrency. That status brings trust to people, even though nobody knows who satoshi is. If bitcoin didn't exist, then Ethereum wouldn't exist.