Nowadays, people start to embrace and acknowledge the next generation of commerce which is the cryptocurrency. It will be an exciting game for investors and traders since there are over a thousand of digital currencies that were published that they can choose. It is better to study and learn first before you put your money in the business. Today, you will learn the five essential reasons why you should invest in Ethereum.
It Has the Second Largest Market Capital in Cryptocurrency
Ethereum is currently at number two on the list following the biggest digital currency, Bitcoin. Many investors speculate that Ethereum will surpass Bitcoin and become the biggest digital currency regarding Market Capital in the year 2018. It is because of the impressive performance of Ethereum from last year until January of this year which hits its all-time high of $1,417.38 in the midst of Bitcoin’s downtime of almost half of last year’s highest peak.
It Recently Gains a Huge Reputation Over Others
It is very noticeable that the first month of the year 2018 is the downtime of most cryptocurrencies including Bitcoin, but despite this crash, one digital currency has come out very solid and stayed on green—it is Ethereum. It’s like a bamboo three that was tested by storm. It is one of the essential factors that an investor or trader must consider
It Has Already Attracted and Partnered With Multiple Big Companies
Ethereum has built a reputation and partnerships in the corporate world that no other cryptocurrencies can match. The partnership with the Enterprise Ethereum Alliance that consists of multiple big companies such as Microsoft, Cisco, Intel, J.P. Morgan, Samsung, and many others only shows on how big Ethereum could be soon. It will attract more and more companies to partner with them.
Transaction Is Much Faster With Lower Fees Compared to Bitcoin
“Time is Gold,” and it is one of the essential factors you need to consider in choosing the best cryptocurrency. If the transaction is fast, it will not waste your time, and it will enable you to transact more. Aside from time, another factor to consider is the transaction fee. Ethereum offers a much lower transaction fee compared to Bitcoin. Many investors believe that Ethereum is more efficient than Bitcoin.
Still Young and Eager to Innovate More Ideas
The company is just 3 years old. It was first initially launched on the 30th of July 2015. In only 3-year time, the company was able to position on number two spot, and many investors believe that it will surpass Bitcoin this year 2018. The good thing about the company is they are working hard to innovate and look for a solution. It will be anticipated that they are going to upgrade and make the transactions faster than before.
Considering all the essential information about this cryptocurrency, it is now the best opportunity to invest in Ethereum. It is the perfect company to put your money today to secure a better life in the future.