The last couple of years might not have been the best for the cryptocurrency industry, but it would seem that the biggest of the lot still continues to be in a relatively good spot.
There are a lot of arguments from both sides of whether cryptocurrency is still worth it or not. Covering every little bit of it in a single article is more or less impossible. Thus, let’s take a look at one of the more reliable cryptos at the moment – Ethereum. This article will discuss the main points and help you form an opinion on whether you would be interested in giving Ethereum a shot as well.
Should You Even Bother?
Before we move on to the bigger problems, let’s take a look at whether Ethereum and cryptocurrency as a whole are worth the trouble.
Plenty of people avoid this at all costs because they do not see any true value behind it. In other words, you cannot touch or see it. Even if the money you have in the bank is digital, you can still cash them out at an ATM.
But the world is moving in a different direction. Cryptos are a perfect way to pay for services among those individuals who value their privacy over anything else. And as a whole, the industry seems to be growing quite a lot. So the bottom line is that those who are willing to learn and go through trial and error should look to start.
First of all, it is worth pointing out that you can buy Ethereum in Australia, the United States, Canada, the UK, and pretty much every other country, so that should not be a problem if thought it might.
Plenty of crypto entrepreneurs call Ethereum Bitcoin’s cousin, but the reality is quite different. Ethereum has to offer much more than that.
For starters, you will not find third-party software which tends to store our personal data. Ethereum was created with the intent of decentralizing that information. For example, most of us work with Google Docs, have Facebook and Instagram profiles, and so on. These gather your personal information whether you want it or not, but they do not talk about it.
Ethereum’s vision is different and it looks like this is certainly one of the reasons why so many people are leaning towards positive thinking as far as this cryptocurrency goes.
The way things are turning out right now, it would not be surprising to see Ethereum as the leading crypto in the industry, even overtaking the likes of Bitcoin. More and more Ethereum-based applications are popping up on different platforms. More businesses are accepting it as a form of payment. When all this is taken into the equation, it appears that Ethereum is not going away any time soon.
It might sound counterintuitive, but all the negativity you hear from some people is actually working in favor of the cryptocurrency. If you invest now, you are likely profiting by the next time all the hype goes up to 120 percent.
Diversify Your Income
One of the biggest advantages of starting a venture in such an industry is diversity. It is always good to have more sources of income as it gives you peace of mind knowing that if something fails, there is always a plan B. Of course, Ethereum investments do not have to be backup. If you do everything right, it can certainly become your biggest source of income.
Great Customer Service
This one is quite underrated because people do not have to deal with various problems on a day-to-day basis. However, this is your money involved we are talking about. If you are going to have problems with anything, no matter how trivial, you can still expect to get a quick response as people behind the other side of a screen are working 24/7.
Experience and What it Leads to
The possibilities of earning with Ethereum are more or less limitless. After you invest and start dab in the trading and other, more risky ventures, your experience will grow to a point where you can move on to risk-free jobs.
For instance, you can start writing a blog and monetize it using ad networks, affiliate partnerships. Writing books are also a good choice as there will be more and more people in the future, eager to learn about Ethereum and cryptocurrency.
Giving lectures in front of the public might be a scary proposition, but you can go with a YouTube channel or even a podcast. The bottom line is that as long as you continue to keep up with the industry and provide value to your audience, there is money to be made.