BITCOIN VS ETHEREUM: WHICH ONE IS THE SAFEST AND SMARTEST INVESTMENT ?

Hi Ashley

What a excellent title (question) and this is probably a question in many people’s mind who invest in cryptocurrency.

If comparing two cryptocurrencies like BTC and ETH then one has to consider many factors that are involved.
Firstly what is going to be your method of obtaining either one of these currencies? Buying, trading, mining, working etc.

Are you planning to buy and hold long term? This is what most people do when they start investing in cryptocurrency.

Then there is the dark net influence in the price of Bitcoin and Ethereum. Many people don’t realize this but many criminals prefer to deal with Bitcoin or Ethereum because it is decentralized therefore there are no potential prosecutors either than the authorities which are getting involved in regulating cryptocurrency legally and potentially following it’s movement through the blockchain.
History shows that Bitcoin has a rather unusual volatility pattern and it is speculated that most of this is due to the dark net transactions and amount of dumping that occurs as a result of media influence, opposition propaganda and some who are just looking to make a profit or cash out on their investment.

Fact is that crypto will be the future way of trading (just like the internet took over the retail market) because the fiat currencies are pretty much done and exhausted and backed by, well, nothing!…
So the opposition who fights against Bitcoin, claiming it’s got no value because it has no tangible backing, supports a currency which also has no tangible backing like gold or silver.

There are of course so many more variables here and I would be happy to list and discuss more of them 🙂

To conclude I would say that one should invest into BOTH Bitcoin AND Ethereum because if history repeats itself growth wise both these coins are going to the moon in 2018 and beyond… because people are not going to lose interest in cryptocurrency unless something extreme happens.

Regards,
Kamil

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