Ethereum: Wonderful Wonder
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Ethereum is breaking the roof and making new all time highs. Ethereum investors are really cashing out and smiling to the bank. A co-funder actually sold a huge chunk of his holdings which amount to about $1billion that's quite huge. Ethereum has come a long way with so many projects developing under it and making good rally. Making companies are adopting Ether as a means of payment and also the gas fee ( transaction fee) for using the Ether blockchain is quite on the high side. Combining all these factors, Ether has no place to go but up in market value.
So many upcoming projects such as tokens had lunched on the Ethereum blockchain with subscribers paying high gas fee to buy or claim their token rewards only to discover in the course of time that the token they had exchanged their dollar wise for is actually a scam project or ended up been abandoned. The fees and expenses incurred becomes a waste and irrecoverable. Meanwhile, Ethereum has a lunchpad for such project had made good fortune out of the process. Ether always on the winning side. Ether is always the better for it.
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In the light of the fire going, won't it be better for an investor to go after a project after it's lunching? By then, you're sure the project has gotten life and the team behind it are ready to pursue it. Just that you would have missed out on the opportunity of buying it cheaper at an IDO or Airdrop. Give and take, you can't eat your cake and have it. The amount of risk you're ready to bear is inversely proportional to the expected reward or returns. The higher the risk, the higher the rate of return on investment. Choose your risk ratio wisely and determine how much you're ready to bear. Etherium blockchain never looses!
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