Is Ethereum worth investing?

sassymilksassymilk Posts: 30Member
Hi, im new in cyptocurrencies and im reading and bulking myself up with knowledge on this. please advise if Ethereum is worth investing and why. i have been told that bitcoin is the safest bet, but im looking at other options. Hope to hear some advise.

Thanks! xoxo

Comments

  • scottyacescottyace Posts: 31Member
    Investing in cryptos right now will still prove to be very profitable. Perhaps in the future, years down the road cryptocurrencies could become overvalued and result in a crash. Obviously along the way there will be certain coins that become obsolete and certain coins that will be worth multiple times their current value
  • player11player11 Posts: 31Member
    Diversify your investments, currently definitely experiencing a drop, look long term
  • dianadsouzaworlddianadsouzaworld UKPosts: 7Member
    edited July 21
    Yes, with Bitcoin Ethereum is also naming as the Booming cryptocurrency working on well developed system. I have just found good source of info here: http://coinpedia.org/
  • Kaitlynmoore01Kaitlynmoore01 Posts: 13Member
    sassymilk said:

    Hi, im new in cyptocurrencies and im reading and bulking myself up with knowledge on this. please advise if Ethereum is worth investing and why. i have been told that bitcoin is the safest bet, but im looking at other options. Hope to hear some advise.

    Thanks! xoxo

    Very good disucssion. Thanks for bringing this to our attention. The quality coins are here to stay and it's like buying in at the S&P 500 50 years ago. Cryptos will fall and rise at a more rapit phase any investment market has ever seen. Just hold (literaly) and enjoy the ride. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). An interesting website I found: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. Go to: https://www.coincheckup.com/coins/Ethereum#analysis To see the: Ethereum Investment and research analysis.
  • sassymilksassymilk Posts: 30Member
    thanks for the info mate. great website to dig deep into ethereum!
  • lointoitlointoit Posts: 34Member
    I think there are many investors are asking themselves right now too. Cryptocurrencies can be risky so only invest what you can afford to lose. try to diversify several cryptos and not place all bets on only one. But for sure is Ethereum has a lot of potential, a great technology and solid team, so it’s possible that prices will rise a lot more. (on personal opinion).
  • OliverElmhirstOliverElmhirst Posts: 33Member
    i think competition is too much recently thats why prices have been staggering around the same amount without much changes
  • cokekingcokeking Posts: 30Member
    hearing Ethereum potential and many positive feedback. really feel worth investing.
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