Why Buy and Hold Ethereum Forever

Ethereum is a fantastic long-term investment.

+ Investing for the long term is one of the best ways to build wealth.

+ While crypto is still speculative, some investments have the potential for long-term growth.

+ By holding your investments for as long as possible, you can maximize your earnings.

Although 2021 may have been the year that cryptocurrency went mainstream, 2022 looks even more promising for some of the biggest names in crypto, like Ethereum.

Crypto can be an intimidating investment, as some cryptocurrencies see explosive growth only to plummet essentially overnight. Investing isn't a get-rich-quick tactic, however. If you want to maximize your earnings, it's best to buy solid cryptocurrencies and hold them for as long as possible.

Not all cryptocurrencies are created equal, so it's crucial to make sure you're investing in the right places. One such cryptocurrency with long-term price appreciation is Ethereum. It has real-world utility and the potential for long-term growth, making them smart buy-and-hold investments.

Ethereum (CRYPTO:ETH) is one of the strongest players in the crypto market right now. Not only can its native token, Ether, be used as a form of payment, but the Ethereum blockchain itself is home to a wide variety of decentralized applications (dApps).

These dApps include projects such as decentralized finance (DeFi) and non-fungible token (NFT) marketplaces, and they could potentially revolutionize a variety of industries. Also, because the network is open-source, developers around the world can create new projects on Ethereum. This creates nearly unlimited potential for growth.

The biggest hurdle Ethereum is facing right now is its speed (or lack thereof). It's currently one of the slowest cryptocurrencies out there, with a transaction speed of around 15 transactions per second. (For reference, Visa can reportedly process up to 24,000 transactions per second.)

However, Ethereum is currently in the process of updating its network. According to Ethereum co-founder Vitalik Buterin, once Ethereum 2.0 rolls out sometime this year, it could potentially handle up to 100,000 transactions per second. With that kind of speed in addition to its powerful blockchain, Ethereum could be a force to be reckoned with in the coming years.

I'm currently long-term 127.095 ETH, staked and HODL to riches!!! GLTA!!!