Is it too late to invest in bitcoin, How To Invest In Ethereum (And Is It Too Late)
During the past 12 months, Bitcoin has wildly outperformed the stock market, the dollar and even gold. Just four years later, they became the world's first 'Bitcoin billionaires' after the currency's value exploded. Some are now wondering whether it may have finally sailed into calm waters and permanently established itself.
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Still, the eternal question remains: when is the right time to buy Bitcoin?
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Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact and more. In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value.
Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it.
Is it too late to buy Bitcoin now?
It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether the actual monetary unit of Ethereum. Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. Check it out. Table of Contents.