Should I invest in Ethereum?
If Bitcoin is the gold among cryptocurrencies, Ethereum is the diamond. While Bitcoin, like gold, has not much industrial value and its intrinsic value is determined by the person/s holding it, Ethereum, on the other hand, like diamond, has both industrial and intrinsic value.
Ethereum is the blockchain of choice for the vast majority of applications — from finance to real estate to software development and manufacturing and many more. Its token, the ether (ETH), thus has more value as compared to Bitcoin, for example. While Bitcoin is still the undisputed king of crypto assets with a market cap of close to $130 billion, it is the Ethereum blockchain that developers prefer.
The journey of Ethereum
Ethereum has seen a high of $1400 and then crashed to just above $1000 on January 16th 2018, what people are calling “Bloody Tuesday.” Since February 19th, after hovering close to the $1000 mark, its value has seen a steady decrease and it rests close to the $420 mark as we write this. So why is Ethereum declining steadily in value?
Reasons behind Ethereum’s fall
Experts say that the primary reason behind the gradual decline in Ethereum’s, and almost all cryptocurrencies’, value is the indecisiveness of regulatory mechanisms that various governments plan to put in place. Policy apprehensions and a less-than-conducive environment for large-scale acceptance of cryptocurrencies is what is driving investor interest away from cryptocurrencies.
In our earlier post, we have discussed the future of cryptocurrencies. These are not going to vanish anytime soon. In fact, they are slated to gradually replace national currencies and be the preferred medium of exchange. Ethereum, with its unique standing in the world of cryptocurrencies is well poised to gain its lost glory.
Time to invest in Ethereum?
So, is it too late to invest in Ethereum? We don’t think so. In fact, this is the right time to invest in this unicorn now that it’s price is down. But if you wish to play it safer, we suggest that you trust the experts to guide you on your crypto investments.
Pecunio is here to help
Pecunio’s cryptocurrency fund (PCC) is a careful selection of 30 most promising cryptocurrencies where your investment is diversified so that your money is better able to absorb the shocks of market volatility and at the same time offer you the benefits of rise in value over time, just like mutual funds. The PCC has seen a remarkable increase in value since its inception, even in the face of uncertainty in the crypto markets. This shows the research and insight of our experts in choosing the best of the lot.
Ethereum is very much a part of the big game and it will have a major role to play once the clouds of wariness part. With clear cut regulations and investor protection mechanisms, the cryptocurrency market will get a new lease of life and will see renewed investor interest, backed by confidence. Pecunio will continue to play its role as a one-stop shop for all things crypto — from investment instruments to solving the problems of crypto spending. The time is ripe to invest — not only in Ethereum, but a whole lot of other exciting crypto assets. And the experts at Pecunio are here to help.
