I’ve done the maths guys so you don’t have to.
Ethereum transaction rate is increasing exponentially. Its doubling per month.
At end of year the transaction number will be 4000 times what it is today.
Price of Ether is directly related to transaction number ergo price of Ether will continue to increase at a very fast rate in 2018.
Ethereum will remain dominant in this space for the forseeable future, first mover advantage, network effect, has a huge ecosystem and many developments to deal with scaling. Something like 85% of dApps and ICOs are dependent on Ethereum.
Just my musings not professional investment advice. Do your own research before investing.
Is investing in Ethereum risky?
IMHO it is very low risk as it is a global decentralised network that cannot be shut down and sits at the base of the smart economy which will finally become a reality in 2018.
Oh but Ethereum shot up so much already?
Yes it did, but this is looking into the future of a fundamental global network that is in very early adoption mode, not at the past.
What happens when Ethereum move to Point of Stake?
Its coin number is limited to 100 million. Lots of juicy price inflation.
Are corporates and hedge funds going to buy Ether?
With these kinds of numbers and potential returns, you’d better believe it.
Could I lose money in 2018?
Yes if there is a big correction and you pull the money out at a low (the crypto market goes through regular corrections and then resumes growth).
Do not invest money that you could not afford to live without!
Could I make bank?
There is a possibility that it could do 10x