There is a wide range of crypto trading options that people can choose from these days. However, this luxury was not something that people had in their disposal back in the day. This is because the only thing that people could trade in was one crypto coin and that happened to be none other than bitcoin.
Believe it or not, bitcoin has seen its fair share of highs and lows over the years. Of course, there is no denying that it is incredibly profitable, but there have been points where it did not offer the returns that it is expected to.
There was even a point when people thought that they would have to stop their crypto trading endeavors altogether. This is because after the end of the bitcoin boom, there was a general belief that the time for crypto was over and there would be no other digital currency to invest in.
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Fortunately, however, this turned out to be untrue. One of the reasons behind was the arrival of plenty of crypto trading options a few months after the bitcoin boom came to an end. What’s most impressive about all of this was that these newer options offered high returns as well.
If one were to take a close look at the history of crypto trading and how excellent it has been over the years, it is easy to see that almost every coin enjoys a period of high profitability. This includes currencies like bitcoin, dogecoin, ethereum, litecoin and plenty of others.
However, one currency that has been making waves recently, happens to be Ethereum. It would be fair to say that ethereum is one of the best crypto options people can invest in these days besides bitcoin. This is because this crypto option has proven to be a worthy competitor to bitcoin and has even come close to toppling it.
There have been plenty of occasions where experts firmly believed that etherum would become the top crypto coin for people. However, bitcoin always had an answer to this crypto option’s high profitability.
30That being said, there was a point where ethereum and its returns went downwards and people did not know what to do about it. However, recently, this crypto coin has seen a rejuvenation where its profitability has been at an all time high. Because of this, ethereum investments have increased tremendously during the past few days.
It would be fair to say that this is an interesting time for crypto, as ethereum as well as bitcoin have been enjoying unusually high returns. It would be interesting to see how the too fare against each other this time around.