Skip to content

Tengruipharm

Just another WordPress site

  • npressfetimg-43273.png
    How to Achieve Super-Trendy Velvet Nails (At Home) – Who What Wear Nail stylist
  • npressfetimg-5668.png
    So you decided to stop drinking? I did – and these are my year’s lessons – The Guardian Stop drinking
  • npressfetimg-30184.png
    Streetwear and Style Trends From Men’s Fashion Week in Milan – The New York Times Fashion clothing
  • npressfetimg-17479.png
    French workers can retire much younger than most. That’s about to change – CNN Retire
  • Bill Gates Hit By Housing Market Swoon? Billionaire Reportedly Lists Daughter’s Apartment At Discount – Yahoo Finance Housing market
  • npressfetimg-3961.png
    Why are some people more motivated than others? – Livescience.com Motivation
  • Millennials are using astrology ‘as a tool for understanding and self … – Newstalk Self-development
  • npressfetimg-4129.png
    Here’s how you can make sure your hair care regime maintains the perfect pH balance – image.ie Haircare
npressfetimg-2584.png

1 Cryptocurrency I’m Buying Before the End of the Year – Motley Fool

Posted on December 17, 2021 By Cryptocurrency No Comments on 1 Cryptocurrency I’m Buying Before the End of the Year – Motley Fool

Cryptocurrency, in general, has had a fantastic year. Despite widespread volatility over the last few weeks, the crypto market, as a whole, still has a market cap of around $2.25 trillion.

As we head into 2022, it’s the perfect opportunity to reevaluate your investments and consider adding a little crypto to your portfolio. Many cryptocurrencies are priced at a discount right now due to volatility within the industry, which could make right now a smart time to buy.

Not all cryptocurrencies are created equal, however, and some have more potential than others. While nobody knows for certain what 2022 has in store for the crypto market, there’s one investment I’m stocking up on before the new year: Ethereum (CRYPTO:ETH).

Image source: Getty Images.

Is now the right time to buy Ethereum?

Ethereum is one of the strongest cryptocurrencies of the year and could be even more powerful in 2022. Developers are currently working on rolling out Ethereum 2.0, an upgrade to the blockchain that will move it from a proof of work (PoW) protocol to a proof of stake (PoS) system.

Under a PoW protocol, miners verify transactions using high-powered computers that solve complex calculations. This is not only time-consuming and results in slower transaction times, but it also consumes a colossal amount of energy. A PoS protocol involves validators putting a portion of their crypto tokens at stake to earn rewards, which is much faster and more energy-efficient.

Currently, Ethereum can handle around 15 transactions per second. After the upgrade, it could potentially process up to 100,000 transactions per second, and will use around 99.95% less energy than it does currently.

Ethereum 2.0 is expected to be completed sometime next year. Once that transition is fully rolled out, Ethereum will have a significant advantage over its competitors. Not only will it be faster and more efficient than Bitcoin (which still uses a PoW protocol), but it will also be able to keep up with newer cryptocurrencies like Cardano that already use a PoS system.

Is Ethereum the right investment for you?

If you’re considering investing in Ethereum, right now may be a good opportunity. Its price is lower right now due to widespread volatility within the crypto market, so you can invest for a discount.

However, Ethereum isn’t right for everyone, and there are risks to consider before you buy.

For one, there will likely be more volatility as Ethereum continues rolling out its update. This transition is significant, and it’s already experienced hiccups along the way. Earlier this year, it faced a critical bug that split the blockchain, leaving it exposed to an attack. Developers fixed the issue quickly, but there could be similar problems in the future as Ethereum continues to find its footing.

<…….

Source: https://www.fool.com/investing/2021/12/17/1-cryptocurrency-im-buying-before-end-of-the-year/

Cryptocurrency Tags:RSS Feeds

Post navigation

Previous Post: This is what sparked the crypto market crash – prices of Bitcoin, Ethereum, Shiba Inu – NationalWorld
Next Post: City of Wheeling’s Total Facade Grant Investments Near $500000 – Wheeling Intelligencer

Related Posts

  • npressfetimg-29984.png
    Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of “high-tech axis of crypto crime” – CBS News Cryptocurrency
  • npressfetimg-34633.png
    Binance SWIFT banking partner set to ban USD transfers below $100K – Cointelegraph Cryptocurrency
  • npressfetimg-10024.png
    Uniswap to allow users to buy cryptocurrency using debit and credit cards – Cointelegraph Cryptocurrency
  • npressfetimg-9262.png
    Bankrupt cryptocurrency lender Celsius Networks allegedly defrauded investors out of billions of dollars – CNN Cryptocurrency
  • npressfetimg-2647.png
    FTX committed ‘old fashioned embezzlement,’ CEO tells lawmakers in blistering hearing – CNBC Cryptocurrency
  • npressfetimg-32836.png
    Crypto Lender Nexo Is Fined $45 Million – The New York Times Cryptocurrency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Archives

  • February 2023
  • January 2023
  • December 2022
  • January 2022
  • December 2021

Categories

  • Advertise online
  • Affiliate Marketing
  • Bad habits
  • Budget lifestyle
  • Celebrities
  • Content marketing
  • Cryptocurrency
  • E-commerce
  • Fashion clothing
  • Financial independence
  • Graphic design
  • Haircare
  • Healthy habits
  • Housing market
  • Investments
  • Makeup
  • Motivation
  • Nail stylist
  • Passive income
  • Personal finances
  • Personal style
  • Quit smoking
  • Retire
  • Self-development
  • Stock market
  • Stop drinking
  • Tattoos
  • Time management
  • Watches
  • Youtube Marketing

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Recent Posts

  • 4 side hustles for Gen Z that can bring in hundreds or even thousands of dollars a month – CNBC
  • Earn Passive Income With This Side Hustle That’s Perfect for Introverts – Yahoo Finance
  • Extreme Saving Method Speeds Up Early Retirement Option – AARP
  • Demystifying the Concept of Financial Independence Through Free Education – Daily Scanner
  • Americans prefer to cling to cash after shaken by stock market volatility – Yahoo Finance

Recent Comments

    • npressfetimg-15566.png
      Beauty influencers’ transparency and relatability draw followers – USA TODAY Makeup
    • npressfetimg-19777.png
      Cryptocurrency is headed toward surviving its first ice age – Cointelegraph Cryptocurrency
    • US Government Delays Tax Reporting Rules for Cryptocurrency Brokers – Taxes Bitcoin News – Bitcoin News Cryptocurrency
    • npressfetimg-20594.png
      Global Creative Artist Danielle Levi On Personal Style And Never Doing It For The Gram – Forbes Personal style
    • npressfetimg-24670.png
      Partnering With A Content Marketing Company? Nine Details To Consider – Forbes Content marketing
    • npressfetimg-43129.png
      Content Marketing: Why Does Your Business Need It? – Forbes Content marketing
    • Markets: Bitcoin back above US$17,000; Ether, crypto market extend weekend gains – Yahoo Finance Cryptocurrency
    • npressfetimg-16393.png
      Flipkart and PhonePe complete separation – TechCrunch E-commerce

    Copyright © 2023 Tengruipharm.

    Powered by PressBook News WordPress theme