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Wednesday, July 15, 2020

Cryptocurrency: Why Ethereum is your best option now


In this changing world, cryptocurrencies is becoming the new form of transaction especially due to the fact that it isn't controlled by any financial institution.

Some major Crypto Currencies that are trending today are:

Bitcoin - The first of all
Ethereum - The second largest after bitcoin in my opinion
Litecoin
Bitcoin cash

And many more.. We have thousands of Crypto Currencies today.

And, there is one developed by a Nigerian called Pinkoin, you can confirm their validity on Google.

Now!

In 2009, 1 Bitcoin was just $0.08(#29:08kobo)


But in 2017 Bitcoin (BTC) rose crazily against the dollar and you will need close to #4 million to buy 1bitcoin today.

Yes, I mean - 1 Bitcoin is close to #4 million today.


Imagine if you are among those who bought 1btc for 29naira and left it till 2017.
 
you would have become a millionaire from scratch with just $0.08 just 29naira)

Unfortunately most of us missed that opportunity.

The painful thing is that you reading this article can afford #29 in 2009.. Just buy and keep ni oo without even trading with it.


That is the power of information... Welcome to a new world 😀

Now, some of us... Our eye don dey open... Stay there and be shouting - "Nah Scam!"

It is better to be late than never. Though we missed out in 2009, We can still generate wealth with what we have on ground today.

We can still join the moving train because...

I can assure you that Bitcoin will keep rising.. But, since most of us can't afford to buy 1 bitcoin, we start buying fractions of bitcoin to trade with.


The Way forward 

 Now!

There are several ways to also join this moving train before it gets filled up.

The strength of every currency is in transaction (Economist will understand this better)...

So, as we keep transacting with it, it keep increasing...


From analysis, Ethereum is gaining ground now.

Please, note what I just said


"Ethereum is gaining ground now"


 Ethereum is another type of crypto currency...

Just like we have currencies like Dollar, Naira, Yaun, pounds...

Enn ennn, so we also have ethereum, bitcoin blablabla

The beauty is that... Ethereum is still very cheap

1 Ethereum (eth) is not up to #120,000 presently as oppose to 1 btc that is close to #4 million

Sooo,  the wise people are investing in Ethereum now.

It is predicted by Financial analyst that in few years from now, Ethereum will meet up to the worth of Bitcoin.

You can Google it...

And the reason is because Ethereum can do more in transactions than Bitcoin... I read about this recently... Sooo, more people are beginning to trade Ethereum and so the price is increasing

Now... Imagine... You just have 20 ethereum and by 2021, something something just happen, the way it happen to Bitcoin in 2017

And 1 Ethereum just reach #4 million.

Wetin you go do?? 😀

Now...

We have the information and we know what is what now...

Read how to leverage on this information to gather as much currency as possible in my next post.

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