The answer is yes!
Here are 4 reasons that I think are convincing enough toInvest in Ethereum in 2020:
1 Supported by Fortune 500 companies:
The Enterprise Ethereum Alliance (EEA) is a group of more than 200 companies, such as Intel, Microsoft, JP Morgan and others, working together to further develop Ethereum technology. The existence of EEA is proof that Etherum is at the heart of blockchain technology. If Fortune 500 companies are willing to invest in Etherum, this is a smart move.
Some examples of Fortune 500 companies residing on Etherum are Deloitte and Microsoft.
2 Etherum has many applications:
The use of blockchain by Etherum has made it unique and outperform Bitcoin. Etherum is written in Turing-Complete, meaning that any script can be run on Etherum, making it a valuable tool for many uses.
Etherum is also the first project to introduce smart contracts, a major change in the blockchain industry. This is for Etherum much more complicated than BTC. Etherum has become a platform for other projects like cryptocurrencies or other DApps.
Etherum has many competitors such as TRON, EOS, Vechain and ICON. But with a huge community and a team of professional developers, Etherum always has the first advantage.
3 The core meaning of blockchain is expanding.
Blockchain technology has taken over the world, and it is likely that this year will attract a lot of interested people. And Etherum is at the heart of this technology because it is a platform for developing applications on blockchain positions. The majority of cryptocurrencies are built on Etherum and this trend is likely to continue.
Investing in ETH is a bet that the entire blockchain will succeed. I don't think any of us believe that blockchain technology will fail.
4 Etherum is the future, investing in Etherum is not the same as investing in other cryptocurrencies:
The cryptocurrency world has had quite crazy years. However, in 2019 its mayor was much more mature, with many products being widely applied from organizations. The blockchain technology that is central to Etherum is being trusted by many places.
Everyone believes that Blockchian technology is the future, developing it is developing future.
For other cryptocurrencies, the investment is short-term investment because the market fluctuates sharply. Making investing in electronic money becomes a super profitable investment trend. However, it is different with Etherum, with what is discussed in this article, this is a great long-term game.
