ETHEREUM IS EXPLODING



Ethereum is going to the moon – here is why

► Get up to a $250 in Digital Currency: https://blockfi.com/andrei
► Where I Buy Bitcoin: https://gemini.sjv.io/1E3dz
► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh
► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP
► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402
► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646
► Follow Me On Instagram: https://www.instagram.com/andreijikh/
► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0

My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103

Ethereum is on fire, and this year its been destroying Bitcoin. If you put your money into Bitcoin at the beginning of the year – you would have roughly 2x’ed your money. Investing in Ethereum would have been 4x your money.

Earlier this year I made a video about Ethereum going to $10,000 – people called me crazy but I want to revisit that idea because at the time of making this video Ethereum shattered passed $3,000 and here is why.

Ethereum vs Bitcoin

Let’s time travel back to 2011 when a young kid, a computer nerd by the name of Vitalik Buterin – he just discovered Bitcoin. He started to become interested in the crypto community and began playing around with Bitcoin on and off for roughly 2 years, he loved it so much that he dropped out of college to learn more about it.

Very quickly realized that Bitcoin was limited in its abilities. Vitalik thought that Blockchains were a lot more capable than just being a currency or just money – like Bitcoin was. What if he could build something that was like a currency but also programmable – a money that could create apps for people. Fast forward to 2015, and Ethereum was launched. Fast forward to today, and that young kid is also the youngest crypto billionaire. This did not sit well with the Bitcoin community and the rivalry began.

At one point, Ethereum was only 8 billion dollars away from overtaking Bitcoin and becoming the first place crypto by market cap. If that were to happen, that day would have been known as the flippening. It never happened and Bitcoin remained in first place. But Ethereum is making a come back and here 3 major reasons why.

REASON 1:

The European Investment Bank has started creating bonds, based on the Ethereum blockchain and Goldman Sachs was one of the partners. Now within the European Union, the EIB – the European Investment Bank is one of the banks that provides funds to corporations, countries and anything related to furthering the interest of the European Union. Now they’ve created $100 million Euros in the form of 2 year bonds. This is HUGE, because the EIB is a major bank that has now entered the crypto space – and it’s a huge validator not only for Ethereum but for the crypto space in general.

REASON 2: Another reason why Ethereum is going up in price is because of NFTs (non fungibile tokens). NFTs requires people to lock up their Ethereum into smart contracts (and most NFTs are developed on ETH). When you take money out of circulation, that’s less supply for people to buy on exchanges because again – they’re locked away and used to build things with.

This is one of the biggest reasons why Ethereum is so successful – because it doesn’t depend so much on supply and demand like Bitcoin does, and instead it depends on people using the blockchain (utility via NFTs, DeFi, etc)

REASON 3:

Proof of stake consensus model. Instead of requiring mining rigs like Bitcoin does (in order to validate transactions), Ethereum now requires money. The people who get to validate transactions are those who have 32 ETH staked within the network. This incentivizes people to lock up more of their Ethereum ( and in return they are rewarded interest ).

So the major 3 reasons are adoption, utility, and consensus model. Now let’s talk about the price.

BUY OR SELL?

I’m not a financial advisor and I can’t give any advice but if it were me and I didn’t have any Ethereum – I would DCA – dollar cost average into Ethereum. I would put $100 a week, and I would do that for years and years while treating it as money I will never see again (despite the fact that I think it will outperform every other asset in the market). If I had $1,000 – I would split it up equally with 50% Bitcoin and 50% Ethereum. Ethereum still has a lot more room to grow from here (although it may not be immediate).

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

source

Check Also

New 30 Year Mortgage Rates Go to 1%? What Does it Mean to Real Estate Value, Affordability & The Market

📖 BUY NEW BOOK HERE https://www.amazon.com/gp/product/B09GZK75HY 🏆 FREE 10 Page PDF: I wrote this paper …

49 comments

  1. Kevin van Dorst

    Sold all my ETH, XRP is NEXT!

  2. Landon Ramsey

    I own a calculator.

  3. Hey Andrei when are going to make video about crypto staking? Or did I just miss it.

  4. Cristian Orozco

    Are you a FREEMASON?

  5. Can you make a video about what happening to the market at the moment

  6. Chili En Linea

    Hi, 👋 my name is Marvin and I'm from Costa Rica, Central America. I start following you so I can learn a little about cryptocurrencies. I have a question and I hope you can take some of your time to answer 🙏 In Costa Rica is hard to find those helium miners. I think right now it's the same in the US.
    My question. Do you think this helium miner can be good (profitable) here in Costa Rica? So far I think there's not one inside this country.
    Thanks a lot for any reply.

  7. Jackie Potter

    Where do you guys buy your etherium?

  8. Manuela Tapia

    Ethereum to the moon 🌙

  9. Jessica Mamikina

    The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy

  10. I,N, V,E,S,T,=I,N, C,R,Y,P,T,O, =B,T,C,=dodge A,N,D, E,T,H, W,H,A,T,S,A,P,P,
    +, 1,2,3,4,7,1,0, 3,9,7,4..

  11. Isn’t bitcoin cash a better p2p payment system than bitcoin? Isn’t bitcoin more of a store of value than used for currency?

  12. Andrew Jaramillo

    Excellent. You do a great job explaining something so complex. thanks Andrei.

  13. i kept saying that this year was going to be all profits for my investments and guess what i never believed it

  14. Squidward Tennisballs

    Boy your phone in the thumbnail is so fake.

  15. Stocks are good but i swapped and invested in forex and crypto I've been earning much from it

  16. Giovanny Lopez

    This is my first bull run and I'm trying to figure out if I should hold ETH through the "crypto winter" or sell before the crash, please advise 🤕

  17. Jonas Carlsson

    Cardano FTW

  18. ETH is my baby

  19. Ryan Hansell

    Now waiting to see eth classic and btc cash covered 😄

  20. Ruben Sierra

    Broke investor here.. turned couple hundred to 1,000.. doing like 50$ a week

  21. How much wiggle room do we have Andrei? I almost sold my Ethereum at 4k, but its still going. HODL? I made 8000 after I dumped all my BTC for ETH two weeks ago before the rally, but now a bit scared dont want to repeat the Bitcoin 60K curse.

  22. Ancelin’s Workout

    What app do you use to trade crypto pleasee

  23. Makaila Darnell

    Bitcoin has caught some momentum since yesterday. we are still not convinced it is back to bull mode, however. we are currently at around $54.3k, which is going to provide resistance as we wrote yesterday there are a few levels above but $57.7k seems like a reasonable target if the momentum continues, for now, $48.2k seems to be the lower bound we have tested this level twice forming a double bottom if we test it yet again however this could be a bad sign as the longer BTC gets comfortable with his level the likelier it is to break it well, expert like carlsontrading @telegrams should be your number one guy for a fast safe and peaceful trade

  24. Jeremy's Rock School 365

    Does andrei ever take profits or he just holds thru the bear market forever ?

  25. Decentralization should be access to everyone in the world with reliable partners to guarantee the Crypto network’s functionality and reliability to low running costs on all continents and (Space): So if the Key is not Hedera/HBAR then what is it?……….. One or more persons or companies that are running a crypto network; may not really be considered as decentralization and may not give an fair and equal global reliability.

  26. Can we get a video on ETC?

  27. Marcelo Villalba

    just me or his head is oddly large ?

  28. Supreme Team

    ETHEREUM classic & dogecoin are the next bitcoin

  29. Stoyan Ivanov

    I'll get as many Litecoins as possible before everyone starts talking about it again .People will forget about Charlie Lee selling at "the top" . Oh and wait until Bitcoin implements the Lightning network , guess what … LTC will go first ,just like it did with Segwit . But you guys can buy all the dogs and cats in the world if you wish so lol ,I'll keep my decentralized ,fixed supply, not pre-mined ,fairly distributed coin that it's not 50% or more held by a few whales …. bye

  30. Hodl COIN 🤓🤓

  31. damn u got me with the over 9000

  32. i didnt ape into eth when it was under a K, but i just aped into it lol (DCA ofc)

  33. Gerardo Luna

    You definitely have alot of knowledge that's why I'm subscribed, but you did contradict yourself 1 month ago with the video about Etherium self destructing🤔

  34. I’m trying to get into buying crypto/stock but idk what app to use

  35. videos about eth price are getting old fast …

  36. I couldn't believe my eyes, Ethereum gave a big shock to everyone, 4k USD, Just WOW!!!
    I am still holding my Ethereum from 300 USD days on my Atomic Wallet App and I am not selling yet.
    I will only buy more in-app Atomic with my spare cash.

  37. How to buy ethereum?

  38. I'm new to Ethereum, Forex and would like to invest but I've got no idea on how to make good profit. Pls what's the best approach you'd recommend?

  39. EA Pro Music

    i want some steak and bacon rn

  40. Shyann Raegan

    From a personal point of view I feel crypto got to be best thing that has happened to the financial market for awhile now. it continues to open room for bulk gains whether in holding or most importantly trading, looking closely at Ethereum it started a fresh rally above the resistance zone against the US Dollar and it seems there is high chance for more upside. and the current trend would reveal the amount of institutes that have embraced the use of the crypto assets to optimal results,thats why i will say ETH is only just in the early stage of a bigger surge. Considering the the bulk return one get from trading than just holding,it might be too late buy an asset while holding but its never late to buy in while trading crypto and with trading crypto i have gained $170K in my portfolio but i didnt do it all by myself but with accurate strategy and signals from an expert trader isaac Steward . With Isaac help I no longer have to worry about the rise and dip of Bitcoin, you can easily get to Isaac on: Teleg: ram: @Isaacsteward +447782829841 on whatpp

  41. The Real Mr Marcelle

    Great advice to gather will put it to use .

  42. PPhotography

    Andrei, Thank you for the videos. I learn a lot and your jokes keep me coming back. Keep up the great work.

  43. Oliver william

    but the question is which platform to use to put your money on ,cuz platform like coinbase could lock your account and lose your money so easly

  44. i did not understand

  45. Also I'm still kind of confused about crypto, so ETH are programmable but not a must that it's programmed?
    Which mean some ETH coins has things that binder with it but some are just pure ETH with the capacity but not used?

  46. I hope someone to clarify if I misunderstood this
    So EIB issue the bond by like saying issuing 100ETH(so peoplr pay and buy those pieces of ETH), then when the bond expire, EIB will buy back those 100ETH at a listed amount of money? Or according to how much ETH worth when expire?

  47. Andrei, really love your content. Thanks for your advice. Keep talking and i'll keep listening!!

  48. ( 2X and 4X…that's "cute". If you would had bought DOGE at the beginning of the year, you would had 8 X YOUR MONEY. Peace. )

  49. Norman n.vargas

    Could you please discuss BONFIRE and a follow up on SAFEMOON, they seem to have a very good advertising campaign and are slowly getting into exchanges and will come up with their own app.

Leave a Reply

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