Is Ethereum a good investment in 2021?

Is Ethereum a good investment in 2021?

Learn where and how to invest in Ethereum!

Ether seems to be benefiting from institutional investor demand that recently powered bitcoin to record highs above $40,000. The number of deep-pocket investors or the so-called "whales" purchasing the Ethereum cryptocurrency has increased in recent months. Cryptocurrencies are an ongoing technology and socioeconomic experiment. As a result, the blockchain space is booming with new opportunities like being able to invest on Cryptocurrency Investment Platforms, where you get return on your invested cryptocurrency after couple of days.

With an approximate market cap of $280 million, rest assured that this industry is here to stay. This new industry is constantly evolving, therefore the earlier you get acquainted with it, the higher your chance are of benefiting from its future development. The great thing about institutional investors is that they tend to have a long horizon. While there might be a correction after a huge price surge, the involvement of large investors helps provide a level of price support.

Will Ethereum go up in 2021?

If ether breaks past the new $1,600 resistance, it should be headed toward $2,000. There are many reasons to think that the native Ethereum blockchain cryptocurrency will continue to rise. First, ether is more affordable than bitcoin, which makes it a top option for investors looking for cheaper bitcoin alternatives. Also, bitcoin has a track record of boom and bust. There will be investors taking profit from the recent bitcoin boom to put in altcoins like ether, which should allow the Ethereum cryptocurrency to keep rising. While bitcoin is considered digital gold, Ethereum is considered digital oil because of its massive potential

Is Ethereum a GOOD investment?

Ethereum is the most-actively used blockchain. In fact, many crypto projects have been launched on the network. Ethereum has been particularly popular with decentralized finance applications.

Buy Ethereum, Bitcoin and other cryptocurrencies, Altcoins here.

The network is undergoing an overhaul that would make it more powerful and attractive for launching crypto projects. Ether might see broader adoption after the network upgrade is complete, which should boost its price. The Ethereum network upgrade will enable ether staking, which could yield up to 15 percent for investors. First, that would make ether a good investment for those looking for others ways to make money with their crypto holdings beyond trading. Since staking reduces the number of coins in circulation, staking on the Ethereum network should lift ether's price if the supply decreases and demand remains strong.

Another reason you might consider ether a good investment is the launch of ether futures trading. CME Group, the world’s largest derivatives trading platform, plans to introduce ether futures trading in 2021. Previously, it launched bitcoin futures trading. Ether futures trading is already available on other platforms and they have been progressing well. Adding ether futures trading on CME Group should increase the visibility of the Ethereum cryptocurrency to institutional investors, which could increase ether's price in the spot market.

What is ETH 2.0?

With launching ETH 2.0, Ethereum network switch it's consensus algorithm from PoW to PoS. This mean that large amount of Ether will be staked, and that mechanism will slow down token velocity. Slowing token velocity result in increased token value. Second bullish case is EIP 1559. Activation of this improvement proposal mean that will be burn Ethereum network gas fee (instead reward miners). This mechanism will bring negative inflation to Ether monetary system, which means consequent increase in token value.

Third bullish case for Ethereum network is large army of developers. Ethereum don't need constantly buying human resources like some other blockchain networks (EOS, Tron). They attract developers with quality ecosystem and long term vision.

Fourth bullish case is lot of quality projects already built on Ethereum and cooperation with Polkadot network. Instead to call itself Ethereum killer, Polkadot come with different approach. I will compare Polkadot approach to market with “Blue ocean strategy", which will result in win-win situation for both protocols. (For example “ghost protocols" like Tezos and Neo picked “Red ocean strategy")

What is Ether worth in 2025?

My prediction is around 4500-5000$. Ethereum is not a cryptocurrency — it's a platform for creating decentralized products. Ether is the cryptocurrency that powers the Ethereum platform and blockchain. ... But if you're a long-term investor who won't lose sight over short-term losses, Ethereum may be a good investment for you.

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