Should you Invest in Ethereum?

[thomas elton]

While Ethereum is built for great things, the question arises - is it safe to invest in Ethereum? The technology is still in its developmental stages, and the prices fluctuate quite a bit.

https://coinswitch.co/info/ethereum/what-is-ethereum is backed by many big names in the financial and technological world. The companies are willing to invest in Ethereum (and by extension, Ether) due to its wide application in contractual and business fields. It currently seems to be on the rise, so investing in Ethereum right now would result in good gains for the future.
Of course, Ether can also be used simply as a digital currency, and be used to perform transactions. Ether can be used to buy Bitcoin and other cryptocurrencies, and even if one does not employ the use of the non-financial aspects of Ethereum, simply trading with ETH cryptocurrency is also a good investment.
As a number of companies and applications are soon expected to use Ethereum, they will accept the ETH token as a form of payment, much like in a way BTC is used.
One might argue that Ethereum’s technology is still young. That is true, and even though a lot of companies are backing Ethereum, it has still not come into regular circulation. However, the ETH token is quite popular amongst cryptocurrency traders, and Ethereum technology is being built and developed constantly to be able to customize it.