What is the origin of Ethereum (how was Ethereum first obtained)
According to CoinMarketCap data, Ethereum performed well in the 2017 bull market, with an increase of over 50% since the beginning of the year. But then some problems emerged:
1. The development of blockchain technology has made Bitcoin and Cryptocurrency a new asset
2. Due to the popularity of the digital money market and the decentralized nature of the Ethereum network, many people began to pay attention to Ethereum 3. “Mining” is the main reason for the rise in Bitcoin prices 4. Because Ethereum does not use a consensus mechanism, it is not possible to conduct transactions or verify nodes or other behaviors 5) Due to the development of blockchain technology, a series of issues have led to a greater understanding of Ethereum among people; The solution to these problems is through algorithms, such as using algorithms to transfer a fund to an address, thus forming the so-called “block”
How did Ethereum get it first? I didn’t know how to buy ETH at that time, but I had been involved in Cryptocurrency since my early contact Later, due to various reasons, it was discovered what Ethereum was, and during this period, many people also used it as a speculative tool for investment purposes. Until recently, we never heard anyone say they have already bought ETH again Actually, many people are not quite sure why it is so simple before paying attention to this issue. However, I would like to remind everyone that “if you are an ordinary person or a user who wants to buy Ethereum, then you should understand that these are all my suggestions.” In fact, Ethereum is not a new concept, but a virtual asset or token that people use to understand and use. Many users may not have noticed some discussions about this new type of digital asset, such as DeFi, NFT, and other interesting things, “he added. Therefore, if a project party does not provide relevant technical guidance and development services (such as open source code), there will be certain risks, especially when it comes to contractual issues. Of course, this is normal, but it is not the case in Bitcoin and other Cryptocurrency So what is Ethereum? The earliest date can be traced back to around 2010, which is May 1st, 2012. At that time, there were less than 10 million and the holdings were only 5 million. (Note: Image from Bitcoin, December 19, 2013)
With the development of the blockchain industry, more and more people began to pay attention to Ethereum, and even some people began to understand this project. The main reason is that the limited total issuance of Ethereum and insufficient liquidity have caused panic among investors However, from 2014 until now, I have found that my investment value in Ethereum is very low and can only be allocated through exchange traded funds – approximately once a week, and then gradually added to the exchange account at a rate of 1% per day, adjusting the fund allocation ratio according to market changes. In this way, I can earn more profits and also trade Ether directly on the exchange to make a profit In 2019, I finally had my own wallet and computer wallet address. At the end of 2015, I saw that I had deposited a Bitcoin wallet of around 100BTC, so based on the price at that time, I was able to obtain 10BTC, which was approximately $200000. After a year and a half of use, I gradually realized that I could buy and sell Ethereum through Coinbase. At that time, the price was $50, but now the price is $150. I still insisted on holding this Bitcoin, but I didn’t expect to make a quick comeback and eventually sell it at an average price of $80 When I first entered the exchange, I thought Bitcoin was indeed very attractive, but when the price of Bitcoin rose rapidly, I did not consider selling it. It wasn’t until early 2017 when I decided to sell all of Bitcoin that I made a new purchase.
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