The month of January could be a propitious time to increase your position on one of the world’s most popular cryptocurrencies or start actually investing in it. In fact, many readers have asked us: is it too late to buy Ethereum? We decided to clarify some aspects you might be wondering about a crypto like Ethereum. The latest news about Ethereum would seem to fear a bull run of the crypto but, as you know, predicting a price rise is really very complicated when it comes to cryptocurrencies. In the next few lines you will find a series of information that will allow you to make an informed investment on Ethereum. In fact, in addition to understanding what is happening to the project, you will find out what are the predictions of Finaria experts and the ways through which to invest in Ethereum in the best and easiest way possible. If you’re wondering if it’s too late to buy Ethereum, keep reading this guide and properly inform yourself about your next investment. What’s happening to Ethereum? What’s happening to the Ethereum project? One of the most interesting pieces of news regarding Ethereum is that Avira and Norton are planning to use an ETH miner to supplement their security processes. For example, Avira has decided to include a Crypto module in its anti-malware package, while NortonLife has chosen the Norton 360 package. In particular, the latter proposal is very interesting because Norton will start mining on behalf of the user. However, we will also have to consider the fact that Ethereum might switch to a Proof-of-Stake system, where mining is not expected, in that update that is called Ethereum 2.0. ETH’s potential is still good and it’s not too late to buy Ethereum. In fact, it appears that Ethereum is essentially the same cryptocurrency as it was two months ago when it hit record highs. Its fundamentals have not changed and the price drop is only dictated by the FED’s interventions in the cryptocurrency sector and the uncertainty hovering over both the economy and the cryptocurrencies themselves. Is it too late to buy Ethereum? Actually, it’s not too late to go on an Ethereum binge and add the token to your investment portfolio. In fact, over the past few months the cryptocurrency market has not gone as expected and many cryptos, including Ethereum have gone down. What is often said in these cases is that Ethereum is at a steep discount. Currently, in fact, the Ethereum value is just above $3,000. Considering a timeline of one month, the token has lost a value of more than 15% (about $600). While to review the “plus” sign on Ethereum’s performance, we need to consider a 6-month time frame in which an increase of 63.13% was recorded. In short, after reaching its peak value in November 2021, Ethereum is currently affordable and it might be a really good time to increase your position or start investing in it. Ethereum 2022 forecasts In general, it is never easy to make Ethereum predictions. In any case, our experts at Finaria have gone a bit further by trying to figure out what the path of one of the cryptos with the largest market capitalization might be. As mentioned, currently the situation of Ethereum allows many investors to enter. The value of the cryptocurrency is definitely less than it was two months ago, which means that it is not at all too late to buy Ethereum. In our opinion, the outlook for this cryptocurrency is definitely positive with a bullish trend being favored. In fact, Ethereum should be able to touch $5,400 by the end of the year, while in 2023 the token should exceed even $6,000 settling at around $6,700. The following years, particularly 2024 and 2025 should be those of the Ethereum explosion that would break the $9,000 barrier with many experts seeing it over $10,000. Will Ethereum make an all-time high in 2022? Before investing in any project, it is good to understand what the outlook is for the year we are facing. This also applies to Ethereum. What are the possible highlights for 2022? First of all, 2022 is expected to see the release of Ethereum 2.0 which is based on a Proof-of-Stake mechanism where token owners will be able to validate transactions. Ethereum is also moving into the Defi and NFT space. In 2022, there will be a strong demand for decentralized applications (dApps) that will use Ethereum’s blockchain to develop. This will attract additional developers creating a virtuous circle. On the other hand, as far as NFTs are concerned, this is another trend this year. Consider that on OpenSea, the main marketplace for buying and selling NFTs, the value of Non-Fungible Tokens is precisely expressed in ETH. How to invest in Ethereum today? After you’ve ascertained that it’s not too late to buy Ethereum, how do you proceed? The options available to you are really numerous, but if you’re a novice investor, you’ll probably want to have an easy-to-use and extremely intuitive platform at your disposal. eToro is definitely a prime example of this combination. At eToro you can register for free and start investing in minutes. One of the most interesting aspects of eToro is that you will have access to a demo account through which you can invest up to $ 100,000 virtual to understand the dynamics of financial markets. Moreover, the first deposit is only $50 (about €46). If, instead, you prefer something more complex but at the same time intuitive, you can always turn to a cryptocurrency exchange like Huobi Global. Trade Ethereum now with eToro Trader from the USA click here Share 0 FacebookTwitterPinterestLinkedinTumblrVKOdnoklassnikiRedditLINEEmail forextrader previous post China maintains ban on bitcoin, but bets on Nfts next post Is PayPal exploring the world of Stablecoins? Related Posts Is PayPal exploring the world of Stablecoins? January 15, 2022 China maintains ban on bitcoin, but bets on... January 15, 2022 Tough competition in DeFi sector: JPMorgan with weak... January 14, 2022 Tesla owner mines hundreds of US dollars a... January 14, 2022 Tesla shares ultimately rises: Tesla with record figures... January 13, 2022 Netflix reports record numbers for The Witcher and... January 13, 2022 Mutated enzyme breaks down plastic in record time July 15, 2020 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.