Ever since Ethereum’s launch in 2015, it has been on an upwards spiral, with one token starting at $2.77.
Back then it was hard to imagine that the value of one of those tokens would be $4,600 6 years later, and many have scratched their heads in confusion, but those who invested early learned that low-risk can pay off.
Namely, those who invested $100 at Ethereum’s lowest point ($0,75/coin), buying around 135 coins for that amount, would be sitting on over half a million dollars in fully redeemable cryptocurrency, quite literally securing themselves a possible early retirement if they would continue to correctly invest and spread out that amazing amount of cash.
These cryptocurrencies all have a tendency to either shoot up to the moon or crumble down just as fast, largely due to them being dependent on the size of the market at times, as well as being far more impacted by demand than other non-decentralized monetary options.
However, a pearl of ancient wisdom „not all who wander are lost” may prove to be true for those who set off into the vast landscape of crypto, staking their claim to coins or percentages thereof, creating a chance for prosperity.
A fraction of a coin could make you a fortune one day
While the price for one ETH is steep, with the coin currently sitting at $4,660, one single coin isn’t the minimal purchase one can make on the Ethereum market, as investors and traders are allowed to buy fractions of a single token, staying relatively risk-free while also betting that the token will rise in value at which point they’ll sell it.
Due to the market’s size, the other coins inevitably eat into the value of the giant that is Ethereum, but the creators assure that their new platform Ethereum 2.0 will make trading the token much more secure and sustainable.
The entire industry shows a lot of promise, despite governments warning against investing, even going as far as to change banking regulation in regards to crypto, to possibly stave off any unwanted attention the country’s treasury may get should the cryptocurrencies become too volatile to handle.
Either way, overinvesting will inevitably cause a loss of money, especially for inexperienced traders, and with the wildly fluctuating prices at times, chances for error are in large numbers, so experts recommend allocating a maximum of 5% of one’s savings if they’re looking into a future powered by this industry.
Patience and commitment go a long way in an industry that rewards those who play the long run, and crypto’s entrance into the stock market only allowed for a more diversified investment portfolio for experienced investors.