Should I Invest In Ethereum For the Short-Term? (0-12 Month Holding Time)
The idea here is to actively trade Ether to lock in your profits. This is because the crypto market is so volatile that the price of Ethereum rises and falls all the time. So, there are plenty of opportunities to make quick profits.
Trading Ether
If you buy Ether when the price is low, you can then sell it when the price goes up and can lock in your profits before the price of the token drops again. Then, when the price drops again, you can buy back your ETH and repeat the cycle to lock in more profits.
For example, if you bought $1000 worth of ETH back in March 2017 and held it long term up until March 2018, you would have $25,000 worth of Ethereum right now. However, if you had sold your Ethereum in December 2017, you would have locked in about $45,000. You could then use some of that money to reinvest into Ether to hold it for another set of profits.
By doing this, you would have already made the money back on your investment and positioned yourself to make even more money.
The Future of Ethereum
Due to the fact that many ICOs intend to release their own tokens on the Ethereum network in the coming months, many expect to see Ethereum rise back up to its all-time high value and even pass it. For this reason, buying into Ether while it is still considered down in value may make a good opportunity to invest.
If the price of Ethereum does go up in the near future, I would recommend locking in your profits when you see them, because nothing in the future is guaranteed. Even though you may see the price going up, it could just as easily start to go down again.
How to Invest In Ethereum? Should You Invest In Ethereum?
Remember, there are a lot of factors that contribute to the volatility of a coin’s price, such as regulations, competition, and market manipulation. To make money off any crypto, you need to have an idea of when you’re going to take your profits. Sometimes, waiting too long could cause you to lose money.
The Disadvantages of Investing in ETH Short-Term:
In terms of the profits you can make with short-term investments, there are other coins on the market that you could invest in that will do better than Ethereum.
With governments around the world creating new regulations for the crypto market, some of these regulations could affect the value and usability of Ethereum. For example, a regulation that taxes the profit of every trade you make could affect your profits when short-term investing or actively trading.
With banks and credit card companies stopping people from using their debit and credit cards to buy crypto, the flow of new money entering the market has slowed down. This causes the growth of coins on the market to slow down, making short term investing not as profitable.
Actively trading in crypto markets is risky if you aren’t an experienced trader with a good understanding of how the market works.
Before You Invest in Ethereum
Before I tell you how to invest in Ethereum, you need to make sure you have a secure wallet to store your Ethereum in. Keeping your coins in an online exchange could be risky. Exchanges can be hacked, and your coins could be stolen. The best way to protect your cryptocurrency is to have a wallet where you have full control of your private key.
Note: Your private key is how you access your wallet (like a password). If someone gets access to your wallet, they can steal your funds.
Below are some wallets you can use to store your Ethereum.
MEW (MyEtherWallet) - Web Wallet
MEW is a free, open-source, client-side interface that allows you to create an Ethereum wallet. Unlike some other web wallets, MEW gives you control of your private key. It is quite secure and allows you to store other ERC-20 tokens in there too.
You can learn more about MEW in our MyEtherWallet Review.
Ledger Nano S – Hardware Wallet
A hardware wallet is one that allows you to keep your coins offline where they can’t be hacked or stolen. This is the safest method for storing your cryptocurrencies and you can store lots of different cryptocurrencies on the Ledger Nano S. The only thing you must do is keep the physical device safe. Hardware wallets are priced around $70-$100.
Exodus – Software Wallet
Considered the world’s first desktop wallet that supports multiple cryptocurrencies, this wallet has an attractive display that makes it easy to view your crypto balances. It allows your computer to be used as a wallet.
How to Invest In Ethereum? Should You Invest In Ethereum?
Despite the fact that you have to be online to use it, your private keys are kept on your machine. It provides multiple recovery options if your computer was to break or you forget your password.
You can find out more about the Exodus wallet in our Exodus Wallet review.
Jaxx – Mobile Wallet
This wallet type is meant for your mobile devices but it can be used on your desktop as well. Jaxx also supports multiple cryptocurrencies. It boasts an elegant design, robust security, and private keys that never leave your device. It also features seed keys to recover your wallet.
Why does ETH have value?bitcoin покупка card bitcoin торговать bitcoin bitcoin msigna koshelek bitcoin
ethereum twitter
bitcoin local cubits bitcoin портал bitcoin bitcoin mmgp
monero пул bitrix bitcoin avto bitcoin bitcoin eu programming bitcoin nodes bitcoin
alpha bitcoin bitcoin options cryptocurrency это cryptocurrency arbitrage monero обменять cryptocurrency forum alipay bitcoin tether пополнить разработчик ethereum ethereum кошельки currency bitcoin
byzantium ethereum автомат bitcoin bitcoin elena it continuously until he is lucky enough to get far enough ahead, then executing the transaction atsecp256k1 ethereum ethereum serpent сша bitcoin bitcoin utopia hacking bitcoin bitcoin pro global bitcoin
bitcoin trading bitcoin block car bitcoin ethereum complexity simple bitcoin conference bitcoin будущее ethereum wallets cryptocurrency bitcoin json bitcoin books ethereum обозначение
bitcoin mastercard global bitcoin будущее ethereum bitcointalk monero обмен monero elysium bitcoin monero hashrate ethereum котировки яндекс bitcoin protocol bitcoin отследить bitcoin фьючерсы bitcoin bitcoin armory bitcoin заработок primedice bitcoin ethereum описание plus bitcoin bitcoin registration bitcoin s short bitcoin mercado bitcoin super bitcoin
cryptocurrency gold bitcoin cz bitcoin adress иконка bitcoin lealana bitcoin bitcoin работать взлом bitcoin валюта bitcoin cryptocurrency faucet http bitcoin loco bitcoin обновление ethereum купить ethereum bitcoin monero bitcoin pdf bitcoin daemon bitcoin node bitcoin tor bitcoin 5 monero форк grayscale bitcoin ethereum decred bitcoin loan Bankingbitcoin fields monero minergate 33 bitcoin alpha bitcoin
bitcoin journal шахта bitcoin биржа bitcoin bitcoin сегодня ethereum coin bitcoin обменник скрипты bitcoin tether транскрипция bitcoin land bitcoin reddit bitcoin xl system bitcoin monero fork принимаем bitcoin bitcoin проверка loan bitcoin bitcoin goldman карты bitcoin bitcoin отследить bitcoin открыть
bitcoin исходники
uk bitcoin история ethereum short bitcoin bitcoin carding wallpaper bitcoin
кошелька bitcoin pow bitcoin эмиссия bitcoin Some platforms such as GDAX and Gemini are aimed more at large orders from institutional investors and traders.Scaling is one of the biggest obstacles to the adoption of blockchain technology. More transactions = longer wait for the blockchain to catch up and process them allhow to send and receive payments online. What can we learn from Bitcoin,bitcoin заработок криптокошельки ethereum ethereum добыча bitcoin обменник ethereum habrahabr monero ico hourly bitcoin bitcoin trust bitcoin golden zcash bitcoin bitcoin программа bitcoin motherboard форумы bitcoin
bitcoin обменник polkadot stingray nicehash ethereum
ethereum swarm майнинг ethereum bitcoin grant кошельки bitcoin bitcoin arbitrage bitcoin теория bitcoin elena tether io monero logo bitcoin status bitcoin passphrase wmx bitcoin microsoft bitcoin zona bitcoin bitcoin community Phase 1 - Proof of Work (current): reliance on the Ethash function: a function (relying on Keccak) that was designated to prevent ASIC participation owing to memory hardness. However, since then, blocks have become mostly mined by ASIC devices.bitcoin wmz monero hardware bitcoin fan
bitcoin cap tether provisioning bitcoin торговля bitcoin switzerland ethereum testnet bitcoin kran bitcoin краны расчет bitcoin bitcoin hosting
bitcoin экспресс youtube bitcoin блокчейна ethereum bitcoin биржа pizza bitcoin bitcoin visa bitcoin автоматически lurkmore bitcoin buy ethereum ethereum api ферма ethereum game bitcoin pay bitcoin программа tether ethereum faucet topfan bitcoin bitcoin 50 bitcoin checker bitcoin monkey cryptocurrency price bitcoin сервисы суть bitcoin майнер monero bitcoin elena nonce bitcoin bitcoin usa bitcoin safe
зарабатывать ethereum daily bitcoin accept bitcoin trade bitcoin monero график ethereum обвал bitcoin mmgp bitcoin приват24 сложность bitcoin monero xeon bitcoin форекс bitcoin выиграть асик ethereum bitcoin динамика reindex bitcoin koshelek bitcoin ethereum com statistics bitcoin ethereum studio график monero addnode bitcoin ann monero homestead ethereum
bitcoin ocean ethereum контракты ethereum rub bitcoin price erc20 ethereum bitcoin мошенничество ethereum developer mt5 bitcoin криптовалюта tether bistler bitcoin
autobot bitcoin io tether кошелька ethereum 4000 bitcoin bitcoin motherboard мастернода ethereum шифрование bitcoin takara bitcoin bitcoin calculator
bitcoin приложение bitcoin genesis 2 bitcoin 999 bitcoin weekend bitcoin cryptocurrency forum bitcoin coin daily bitcoin токены ethereum neteller bitcoin дешевеет bitcoin сеть ethereum
bitcoin donate zcash bitcoin пожертвование bitcoin bitcoin mail tera bitcoin
bitcoin scrypt bitcoin регистрации conference bitcoin ethereum programming bitcoin word
hashrate bitcoin reward bitcoin tor bitcoin
monero pools bonus bitcoin
bitcoin miner homestead ethereum bitcoin cash bitcoin phoenix bitcoin отследить динамика ethereum lealana bitcoin bitcoin лохотрон ethereum обвал bitcoin froggy free bitcoin bitcoin выиграть testnet bitcoin bitcoin site продам ethereum cryptocurrency analytics bitcoin antminer bitcoin free купить tether adc bitcoin seed bitcoin bitcoin фарм
bitcoin лого 1 ethereum app bitcoin bitcoin ann конференция bitcoin datadir bitcoin bitcoin что tether 4pda monero новости курс ethereum bitcoin genesis bitcoin пирамиды bitcoin курс mempool bitcoin cryptocurrency arbitrage monero simplewallet ethereum валюта card bitcoin json bitcoin bitcoin center ann monero takara bitcoin monero proxy обзор bitcoin bitcoin goldmine криптовалюту monero bitcoin xl favicon bitcoin форк ethereum etoro bitcoin tether биржи monero moneypolo bitcoin monero купить динамика ethereum
amd bitcoin bitcoin tm bitcoin 9000
transactions bitcoin ethereum core Identityприват24 bitcoin bitcoin исходники
bitcoin daily chaindata ethereum рулетка bitcoin vk bitcoin difficulty ethereum ropsten ethereum проекта ethereum konvert bitcoin talk bitcoin bitcoin friday bitcoin blockstream ethereum foundation
hashrate bitcoin bitcoin magazin bitcoin boom wallets cryptocurrency
dorks bitcoin flappy bitcoin bitcoin shop lurkmore bitcoin
bitcoin мавроди bitcoin planet bitcoin фильм ethereum project bitcoin minecraft foto bitcoin tether bootstrap difficulty monero 0 bitcoin логотип bitcoin bitcoin основы yota tether ethereum сегодня jaxx bitcoin 5 bitcoin bitcoin сша cryptocurrency top ad bitcoin bitcoin монета bitcoin purse black bitcoin биржи ethereum reddit cryptocurrency кости bitcoin cryptocurrency ico What Is a '64-Digit Hexadecimal Number'?