With all the hype surrounding Ethereum (ETH) I thought now would be a good time to examine its lesser known older sibling Ethereum Classic (ETC), and list the reasons why I believe it will be a better long term investment.
Reason 1) There is less hype surrounding it.
Ethereum Classic has garnered far less attention than its younger brother Ethereum, despite being functionally very similar. It receives less media attention, less attention from investors, it hasn't been added to Coinbase, yet despite this it does almost everything Ethereum does. I believe Ethereum Classic could garner just as much attention (see reason 2) and in my opinion this is the perfect time to buy ETC, before the pump not after. From this perspective it presents a greater investment opportunity than ETH.
Reason 2) It has a brand name (just no brand name marketing yet).
With all the hype surrounding Ethereum and with all the investment it has received, the price of Ethereum has risen dramatically. With investors (both large and small) looking for the next coin to invest in, why not go with a brand that is tried and tested?
Reason 3) It is currently undervalued.
Ethereum Classic usually holds around 10% of the value of Ethereum. There is no reason why this must continue to be the case, but with the price of ETH (at the time of writing) at $247.88 and ETC at $17.19 according to Coinmarketcap, ETC seems chronically undervalued.
Obligatory endnote : this is not investment advice.
Let me know what your opinions are on ETH and ETC.
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