Mon. Jun 27th, 2022

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What You Need To Know About The Ethereum Investment Strategy

Ethereum is a cryptocurrency that has been rapidly increasing in popularity. Ethereum’s price has increased by over 2,000% in the last six months (as of June 2018). It was created by Vitalik Buterin and launched in 2015. An open-source public blockchain utilizes smart contracts to regulate transactions. It also uses “gas” as fuel for all operations on the Ethereum network.

The Ethereum investment strategy involves investing when the price dips due to market volatility. Still, it can be risky because it does not have any intrinsic value like gold or silver.

Ethereum is the world’s second most valuable cryptocurrency after Bitcoin, and its market cap has recently surpassed $4 billion. It aims to provide a decentralized Turing-complete virtual machine and a programming language for executing peer-to-peer contracts using cryptocurrency tokens. Ethereum allows you to invest in Ether coins or other cryptocurrencies by trading or mining them yourself.