The growth in the prices of cryptocurrencies, the question arises where to invest their funds. Unfortunately, none can answer with certainty. Go back several years and ask yourself what the manufacturer of the phone to invest Apple or Blackberry? Or even earlier: whether or not to invest in a VHS or Beta?
Any investments with a share of risk. But when it comes to investment considerations such as Bitcoin or Ethereum, and risks as well as the reward is huge.
Bitcoin continued to grow in value over all these years. Despite the presence of a certain share of UPS and downs, UPS still had more. Recently, he peaked, was above $3000, before quickly lose almost a third, and then take off again.
The ether currency unit, based on the Ethereum blockchain, in recent months has increased significantly from a few dollars to more than $400.
Such extreme volatility raises the ratio of risk/reward virtual currency along with bets on horse races. But are there any signals that we can use to make more informed decisions on where to invest?
Bitcoin vs Ethereum: what it is better to buy?
Currently bitcoin is the most popular digital currency. There are many companies and retailers who wish to accept it as a form of payment for provided goods and services. This gives bitcoin more weight and increases the level of credibility. For any innovative technology, it takes some time to become fairly popular and useful. Fax machines and even account e-mail was useless until then, until people began to use them. The usefulness of technology grows in a square size to the adoption of users.
Bitcoin is relatively easy to acquire. People are familiar with digital wallets thanks to his experience with banking applications in smartphones. This makes the market more favorable to him.
However, bitcoin still remains a mystery. Since we still don't know the name of its Creator, Bitcoin still can be quite virtual and timely for many long-term investors.
The meaning of bitcoin in the market is that, in the absence of any major corrections or serious breaches, the cost will continue to rise to levels of $3,000 or more. And it will happen much faster than we expected.
An important point which you should pay attention to, will be the final day for the completion of the emission of 21 million coins. Then most likely the service charge will become more pronounced.
The air in this case is probably the best product. Although he is very young and still unstable, it has two features. First, its Creator Vitalik Buterin real people. It appears and comments regularly and actively involved in the development of the project. Like bill gates or Elon Musco, he is the face and brain of the product. He has the authority as to its development, including the disadvantages. Such moments as this usually calm the market.
Second, Ethereum is part of a much more successful history in the creation process. With digital currency, called Ether, taken out of this larger entity, it has a high probability of maturation and subsequent development.
Thus, at the moment, both cryptocurrency is a good investment. But at any moment it can all change.
Factors that complicate the credibility of Bitcoin and Ethereum, include their relative youth, which means the relative immaturity of codes and management policies. Even the most intelligent programmers can't anticipate the random hacks and unfair participants of what we had encountered in the incident DAO in June 2016.
In addition, it should be remembered that the technology of the blockchain works on electricity and computing power and expensive to use. Some countries that have access to cheap power, cheap skilled labor and a huge computer farms can be a significant factor influencing the process of transaction processing, and it can also scare investors.
At the moment you should invest your money in Bitcoin and Ether, to spend on speculative fun, if you can weigh the price volatility and to afford possible losses. But he still has more to do with access to the racetrack than buying Berkshire Hathaway or index Fund Vanguard.
https://bit.news/btc-protiv-eth-chto-luchshe-kupit/
Do you know that last bitcoin ( in fact - the very last satoshi) will be mined smt like 140 years from now. But from that long period, the total amount of coins mined in the last 40 years of it, by all miners of the world, will be less then ONE full Bitcoin ? Is this not amazing?
Re: inventor
The inventor is known, long ago. Satoshi Nakamoto.
Do you think knowing who exactly is behind it - will be benefitial to cryptos? I do not think so.
Not ar all !
i like your post my friend
thank you