we are still early with the altcoins.
for the moment, $BTC did not finished his runs, $ETH did not started his run and altcoins are like a vulcan that is waiting to erupt!
you can enjoy to my strategy here:
Ethereum is a decentralized software platform that uses blockchain technology, commonly referred to as its native cryptocurrency, Ether or Ethereum crypto. Anyone can access and utilize secure digital technology using Ethereum.
With the ETH crypto token, users can pay for work that helps support the Ethereum blockchain. They can also use it to buy services, physical items, or trade it for regular money. Developers like to use ETH to make new and secure technology that makes our everyday lives better.
Bitcoin has a limit of 21 million coins, but Ethereum initially didn't have a maximum supply. Vitalik Buterin decided on this to make a network with endless coins, providing more room for growth and flexibility. Currenlty, the amount of eth in circulating supply is 120.26M coins.
Ethereum first shared its coins during a big sale in 2015, creating about 72 million coins right at the start. People spent these coins in various ways, such as funding Ethereum's development and rewarding the miners who verify transactions.
Ethereum is interesting because developers can make apps which can imrpove various industries. It also uses smart contracts, which are essential for creating decentralized apps (dApps) that people use in IT and finance.
Key points to remember:
How Does Ethereum Work?
Vitalik Buterin created Ethereum with the help of Joe Lubin. They first shared their detailed plans in 2014, and Ethereum was up and running in 2015. It differs from Bitcoin because it is built to be flexible and handle growth. As such it is the ideal platform for all kinds of decentralized apps (dApps).
Proof-of-Stake Mechanism
This system uses complex algorithms to agree on network transactions and keep everything secure. To be a validator and help create and check blocks, users need to stake ETH. If they do something wrong, there are penalties to keep everyone honest and the network safe.
Wallets and Transactions
Digital wallets represent ether ownership. Users have private keys (not the currency itself) which they need to make transactions on the Ethereum network.
Decentralized Autonomous Organizations (DAOs)
Thanks to Ethereum’s smart contracts, we have DAOs. These offer a clear and democratic way to make decisions in decentralized networks.
The fastest, most convenient way to purchase Ethereum is to purchase it on ICONOMI. We check Ethereum live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Ethereum by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Ethereum is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Ethereum, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Ethereum in their structure.
Here you can read and comment on all posts made by Strategists about Ethereum ETH. See all Ethereum price predictions in real time and make the best use of their crypto knowledge.
we are still early with the altcoins.
for the moment, $BTC did not finished his runs, $ETH did not started his run and altcoins are like a vulcan that is waiting to erupt!
you can enjoy to my strategy here:
$BTC is leading the charge, soaring past the $40,000 mark, reaching a high of $41,746, marking a staggering 152% increase this year. This surge is primarily driven by expectations of interest-rate cuts and the prospect of greater demand from the exchange-traded funds (ETF) sector.
The optimism isn't limited to Bitcoin alone. $ETH also made significant gains, breaking past the $2,200 level. This upward trend in Ethereum is supported by positive technical indicators and a bullish market sentiment, suggesting potential for further gains.
$BTC hits $40,000 and $ETH breaks above $2,200 for a new 19-month high. Significant breakout which should be a major tailwind for the cryptocurrency market. 🐂 Our $RUNE continues to be the top performer among Top 100 cryptocurrencies. With $BTC halving in 5 months and ETF approval likely in January 2024 things can get interesting in the next couple of weeks.
Bitcoin just broke above 40.000 USD, just want to say thank you and congratulations to all amazing copiers and holders.
$BTC at this price with $ETH looking strong and ALTS ready to follow. Chances are good that fantastic times are ahead.
Should we get a bull market for crypto I have a plan to take structured profits, will share a plan for this tomorrow.
$ETH 👀
How mutch profit can i gain each month, i aee you dont have so mutch asets. Been reeding everything you gave written and i think you are doing a great job. But j dont want to wait til im 90 years befor i can have money to spend, i have enough long term investment☺️
@ICONOMI I think many of us are interested to know what is happening with our Luna Classic holdings?