Is ethereum Classic a good investment 2020?

Shon Mcglade asked, updated on January 1st, 2021; Topic: ethereum classic
👁 623 👍 30 ★★★★☆4.6

Also, Ethereum Classic experienced a 51% attack in 2019 as well as in 2020, which definitely reduced the number of projects looking to build on their blockchain. ... Despite the attack, however, Ethereum classic may still serve a major role as a decentralized smart contract platform in the future.

Follow this link for full answer

Hence, is etc a good investment 2020?

If you are looking for virtual currencies with good return, ETC can be a bad, high-risk 1-year investment option. Ethereum Classic price equal to 6.436 USD at 2020-12-01, but your current investment may be devalued in the future.

More than that, should I invest in ethereum or ethereum Classic? It has to be Ethereum. Sure, you can profit on investing in Ethereum classic given the opportunity, if any. But in the long run, Ethereum is much more expected to be successful than Ethereum Classic. Although, Ethereum Classic is the main chain but it's an orphan project to go with.

At all events, can ethereum reach $10000?

Ethereum can easily reach $10,000 because it has a lot of room to grow. Furthermore, it has proven to have the ability to surge in value to an unprecedented level as it has done in 2017. Ethereum has a lot of proven use cases in the fintech sector. It has the highest developer activity among all crypto projects.

How much is ethereum classic worth?

Ethereum Classic Market Overview

Open 24H$6.45
High 24H$6.91
Low 24H$6.30
Last Price$6.83

3 Related Questions Answered

What is the future of ethereum?

By the end of 2021, the median price per coin is forecast to be $246.8. For the longer term, Ether is expected to experience steady growth, soaring up to $494 by December 2023. Based on the Ethereum outlook suggested by another popular forecasting website Longforecast.com, the coin could end 2020 trading at $209.

When should I sell ethereum?

You should sell your Ethereum when you need money or when you have reached the profit you aimed for. But as long as you can HODL, you should HODL.

Can Cardano hit $100?

In simple world's no. As cardano has supply of 31 billion. At 100 $ price valuation it will cross 3 trillion.