Even though most crypto investors hold BTC (Bitcoin), almost 30% of investors have ETH (Ethereum) in their portfolios. Some believe that ETH will overrun BTC in the near future, while others say that BTC will remain the crypto-king for a long time. In reality, when talking about Bitcoin vs Ethereum, none win since they are both profitable.
The issue is if you have a limited investment budget, you may still ask yourself, “Should I invest in Ethereum or Bitcoin”?. So today, we will help you decide which one to invest in and how to invest in Ethereum or Bitcoin.
Why Should You Invest in Ethereum
Even though Bitcoin is more valuable than Ethereum, ETH has stronger and more advanced blockchain technology. Thanks to that technology, other developers have created their own cryptocurrencies like Uniswap, Chainlink, and Aave. That means investing in Ethereum is safe and reliable since that technology is here to stay.
Additionally, since Ethereum is an open-source project, further improvements and upgrades are being made by developers. Of course, before deciding to invest in ETH, be sure to do your own research about ethereum vs bitcoin. So, if you choose to invest in Ethereum, how can you buy some?
Investing in ETH
Since ETH is the second most successful cryptocurrency, investing in it is quite easy. The easiest way to buy ETH is by using a crypto exchange service. Here are the best exchange services to use:
Keep in mind that these services charge an extra fee for purchasing ETH. So be sure to research well beforehand before picking an exchange service.
Why Should You Invest in Bitcoin
Many people trust Bitcoin since it was the first cryptocurrency to exist and has maintained strong despite all of the problems it has had with government entities. Nowadays, many companies allow their customers to use Bitcoin to purchase certain products. On top of that, some countries like El Salvador, now allow their citizens to use Bitcoin to buy local goods.
So, how can you invest in Bitcoin?
Investing in Bitcoin
There are numerous ways to buy Bitcoin, so be sure to pick the one easiest for you. Here are the most common methods:
- Crypto exchange service
- Reputable peer-to-peer website
- Bitcoin ATMs
If you decide to acquire Bitcoin through a peer-to-peer website, be sure to perform a background check on the buyer. All too often, people are scammed by con artists posing as Bitcoin sellers.
Learn How to Invest in Ethereum and Bitcoin Today!
As you can see, learning how to invest in Ethereum and Bitcoin is quite easy. But, of course, as we mentioned before, do your own research before investing in these two cryptocurrencies. And, if you want to get the most out of crypto investments, be sure to invest in both ETH and BTC!
Have you invested in Bitcoin or Ethereum? Let us know in the comment section! And while you’re at it, be sure to check our blog for more insightful crypto articles.