Ethereum vs Bitcoin | Explained (For Beginners)

★Ethereum vs bitcoin, witch one is better investment ?

Bitcoin was created at 2009, it acts as a secure peer-to-peer decentralized payment system. Since every transaction is recorded on a ledger, users can have total confidence that transactions are legit, without the worry of fraud. Total number of bitcoins that can be ever created is 21 million, since it has limited supply, thus it can act as a gold to store value.

Ethereum launched in 2015 and found by Vitalik, it had an initial offering of Ether, which is the cryptocurrency behind Ethereum. It is decentralized platform that runs smart contracts. This payment system is much faster comparing to bitcoin, and much more useful in the financial world. We can build multiple decentralized application on Ethereum.

I believe both projects are great investments, you can think of Ethereum as a fast paying system and Bitcoin as a digital gold.
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18 thoughts on “Ethereum vs Bitcoin | Explained (For Beginners)

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  4. william clinton

    Just a little story for the people who are interested, bored and/or started recently with BTC and co.

    In August I bought for a few thousand dollars some BTC and even some BCH, just because it was mentioned in a newspaper.

    When I came back at the exchange a few days later, BCH was pumping for the first time and I made some nice profits. I thought I was a trader and started buying and selling like playing games in the casino. I had gains, but actually I didn't know what I was doing at all. To conquer crypto world, I started reading in forums like here at CC. Without any knowledge and of course no experience, FOMO and FUD caught me and I bought a fair amount of XRP/ Ripple at ATH. Of course it was dumped shortly after. I did not give up and started investing in BTC. All good until the China ban and again I was a bag holder. When the price was back to my initial investment, I was unstoppable and owned like 18 BTC or more at a certain moment, just by buying with fiat. Within a short amount of time there were several forks, the war with BCH after the cancellation of Segwit2X and many other developments which caused uncertainty in the market. I never sold at any loss, but yes I did sell low out of fear. Waiting to get some trust in what I was doing meant that I had to buy back in higher again. During those 'crashes', I was checking the charts on my phone 24/7, which had a negative influence on my decisions and also my life. I knew I had to change this and decided to stay calm and do proper research before buying or selling. I reached the point of peace and knew that this game is all about patience and trust in what you are doing. Came back in the game with a little more experience and some help from a long time friend who referred me to some cryptolite traders who have proven their worths this past weeks, all I’ve done this last 7 weeks was go off and didn't do anything at all. But now My portfolio is green. the ATH Ripples are 300% up, My 9 BTC investment up by 15.01%, the Electroneums which I bought in the ICO are x10 and some other alts are also having nice % in the right color. Although, if I did not touch my coins since the early beginning, I would have much much more 'virtual' profit. still confess contact me on fornmore informations


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