Is Ethereum A Good Investment & How To Buy Ethereum?

Preface

ETH has seen a rise in popularity as more mainstream investors seek to diversify their portfolios with cryptocurrency. According to CoinMarketCap, it now has a total market cap of $321 billion, while Bitcoin holds at $682 billion. With the upcoming Ethereum 2.0, what will the price of Ether be in a few years? How to buy Ethereum among so many crypto platforms? Should I buy Ethereum right now and Is Ethereum A Good Investment? This article will tell you all about it.

How to Buy Ethereum?

ETH, or Ether, the second-largest cryptocurrency and a store of value behind only Bitcoin, soared above $4,000 for the first time, and hit a new record high on 10 May 2021. Not willing to miss such a huge boat, more and more investors, even those crypto novices are stepping into this crypto market to buy ETH in the hope that a rise in price will bring them a fortune overnight.

Regarding this, we will share some tips on how to invest in Ethereum with PayPal and credit/debit cards to help novices get started.

How to Buy Ethereum with PayPal?

As a dominant online payment system, PayPal now supports users to purchase certain cryptocurrencies via their PayPal accounts, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Thus how to use Paypal to buy Ethereum and start trading?

It is really instant, safe, and easy to use. All users need to do is simply open a PayPal account, choose the token and complete the payment. But be noted that it is difficult to reverse or refund a PayPal transaction.

When buying and selling cryptocurrencies, PayPal will charge transaction fees and currency exchange fees. No charge for holding cryptocurrencies. But what calls for special attention is that only the digital assets purchased with PayPal can hold in the PayPal account currently. In addition, whether it is purchased on PayPal, the cryptocurrency in this account cannot transfer to other accounts.

Buying Ethereum with PayPal has its pros and cons. If you value the transaction speed and user anonymity and are willing to take the risks of P2P, then it is a good choice.

How to Buy Ethereum with Credit Card?

Many crypto exchanges and wallets have supported users to buy Ethereum with a credit card. To begin with, investors will have to choose a reliable platform to register an account and start the process.

Steps to buy Ethereum with credit/debit cards:

  1. Open an account
  2. Complete KYC verification (might be required on certain platforms)
  3. Make your purchase (fill out order information)
  4. Add card information
  5. Complete the purchase

Besides, note that there is a minimum limit for one single purchase, various on different platforms. And some countries or regions might be restricted in buying cryptocurrencies with credit/debit cards. Before making your investment, it’s better to check with the staff on the platform to get direct assistance.

Buy Ethereum in a Smart Way

We all want to buy low and sell high, but some experts believe that the crypto market is a bubble involving huge risks while bringing great returns. If the bubble bursts, token prices will crash and cause enormous economic losses.

Therefore, before putting money into this market, consider whether you can bear the risk if the Ethereum price drops at 10%, 20%, or even 50%. In addition, make sure you will not put all your eggs in one basket. Diversify your investment in other fields or other cryptocurrencies instead of investing in ETH with all you have.

Ethereum buys and sells in intraday trading indeed may make money, but the long-term holders can aim high and think big, do not be troubled by the ups and downs in the short term.

how to buy ethereum

Ethereum Price Prediction

Ethereum Price Prediction
Source: CoinMarketCap

A growing number of cryptocurrency investors, miners, and traders are paying close attention to the price of Ether in 2021 as it performed really well in the first few months. They are waiting for ETH to take over the crown from Bitcoin.

Before rearranging the portfolios, you might be looking for how high will Ethereum go for the next few years. Let’s take a look at the Ethereum price prediction 2025, and Ethereum price prediction 2030 from experts and service agencies, so as to manage your investment more wisely.

Ethereum Price Prediction 2025

Since January 2021, Ethereum has announced two major network upgrades. And the switch from PoW to PoS can reduce energy use by up to 99.9% when it is completed. Thanks to this, it will therefore become a green technology. In the next few years, the injection of institutional funds may push Ether up to around $100,000.

As of 27 May, the price of Ether has returned to around $2,800 after a sharp decline on 19 May, showing a relatively stable trend that seems will continue over a period of time.

Wallet Investor predicts that by the end of 2025, the price of ETH may reach $10,000. Even if investors buy ETH at the current price, there is still plenty of room for the price to rise, and as the bull market continues, it will bring considerable returns.

Ethereum Price Prediction 2030

If ETH maintains its relevance and main trend in the crypto market, its value will definitely be more than 100 times higher than it is now. As the price continues to soar, experts predict that ETH may increase to $20,000 by the end of 2030. With the help of digital economy growth, the price of Ether may double within a few years.

What Will Drive the Future Price of Ethereum?

Since 2021, Ethereum has enjoyed a larger user-base compared with other major cryptocurrencies, not only for its price surging, but also for the upgrading of its new blockchain technology, including but not limited to DApps, DeFi, and the ongoing upgrade of Ethereum 2.0.

Investment banking giant Goldman Sachs recently stated in its “Global Macro Research” that given the importance of practical use in determining the store of value, Ethereum is likely to replace Bitcoin as the dominant store of value.

The Ethereum ecosystem supports smart contracts and provides a way to create new applications on its platform. In addition, most DeFi applications are built on the Ethereum network, and most non-fungible tokens (NFTs) are purchased using ETH. Compared with Bitcoin, Ether has a larger number of transactions, and this advantage reflects its dominance.

Apart from that, Ethereum 2.0, a set of upgrades that improve the scalability, security, and sustainability of Ethereum, is on its way. Switching from PoW to PoS, can save great energy consumption, provide strong support and a prosperous ecosystem in helping ETH hold the lead in this rat race. Ethereum is expected to go much high not only in its price but also in practical use.

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Conclusion: Should I Buy Ethereum Now? Is It Late?

Most experts believe that the price of Ether will increase slightly in 2021. But what is the price of ETH in 10 years from 2030? It is hard to make accurate predictions but it is also certain that the price of Ether will increase steadily in the next few years. Experts believe that Ethereum-based projects will strengthen Ethereum’s position in the crypto market and provide a strong foundation for further price growth of Ether.

In summary, Ethereum is a good asset for long-term investment, which can bring huge profits to patient HODLers who are able to take risks from price fluctuations in the short term. Buy-in at the proper time and watch for the market, get out while the getting is good.