As of 2021, over 157,000,000 people have a significant Ethereum investment in their portfolios. And crypto experts expect the number of investors to grow as companies adopt it as a payment method. But is it too late to invest in Ethereum?
There’s always time to start investing in ETH, but should you? Today, we’ll answer that question and also find out about Ehtereum benefits.
Ethereum Will Outlive Bitcoin
Perhaps the number one reason you should invest in Ethereum over any other cryptocurrency is that the creators designed ETH to last a long time. As you may know, Bitcoin was the first digital currency to exist, so many things were still being discovered at the time of its creation. Fortunately, those who created ETH studied Bitcoin and its blockchain technology to make the needed improvements.
A few years later, Vitalik Buterin launched Ethereum with an improved blockchain system that they can easily update. That’s why the ETH blockchain network is known as Blockchain 2.0 since it improved everything Bitcoin failed in. Even with Ethereum 2.0, users can easily exchange their ETH for ETH 2.0 without worrying about losing their investments.
Fortune 500 Companies Back Ethereum
One of the greatest benefits of Ethereum investments is that multiple Fortune 500 companies have invested in it, which means you’ll always come out on top. Companies like Microsoft, BP, and J.P. Morgan have a significant amount of ETH stashed in their vaults. Why is that a good reason to invest in Ethereum?
Fortune 500 are among the wealthiest and prestigious companies in the world, so they don’t make risky investments. That means that when a Fortune 500 company invests in a stock or currency, that investment is safe. So you can expect more Fortune 500 companies to buy ETH since it has proven that it’s a profitable investment.
The Financial Institutions Trust ETH
It’s no surprise that many banks and financial institutes fear cryptocurrency since it threatens their livelihood. Bitcoin is one cryptocurrency that many banks have tried to bury, and many consider Bitcoin as the end of the monetary system. But, not all banks view cryptocurrency as villains.
For example, institutions like Goldman Sachs or People’s Bank of China are now negotiating with the creators of Ethereum to allow their customers to use ETH through their banking systems. And as of 2020, the Bank of America now treats cryptocurrency purchases as cash equivalent transactions.
That’s only the start since several countries have expressed the desire to implement ETH as a method of payment in their country.
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Invest in Ethereum Right Now
As you can see, there are plenty of solid reasons why you should invest in Ethereum. And, the best part about investing in ETH is that your returns will always be high! So, stop wasting time, and buy some ETH right now!
Do you have ETH? Let us know in the comment section! And if you want to be ahead of everyone else in the investment market, be sure to bookmark our website!