From my experience, Ethereum is a great investment for 2021 and beyond.
The crypto market works in cycles, and at the moment, we’re in the middle of a bull run. You can tell where we are in the cycle by looking at the Bitcoin “halving” date.
The supply rate of Bitcoin halves every 4 years, in an event called the “halving”. Simple supply and demand then tells us that the price of Bitcoin will go up when the supply goes down. You can see this in the image below.
The last halving happened in May 2020. Therefore, Q4 2021 will be when prices will sky rocket.
The next halving will be in 2024, so Q4 2025 will be the next bull run.
What does this have to do with Ethereum?
Well, think of Bitcoin as a gateway drug to the market. When Bitcoin prices go up, traders take profits and invest into other cryptos like Ethereum, Cardano, etc…
There is clear evidence for this.
I won’t dig it out here, but it’s just a known thing in the crypto market if you’ve been here long enough.
Ethereum price in 2021 and 2025
The average bull run results in cryptos reaching on average, 3x to 5x, from their previous all time high.
The previous all time high of Ethereum was $1214.
So the Ethereum price for Q4 2021 should be anywhere from $3642 to $6070. So you can see that it is possible to reach $10k by 2022.
For Ethereum price Q4 2025, the price should be anywhere from $10926 to $30350.
This is not to say it won’t go higher, it very well could with all the new developments. ETH 2.0, proof of stake, better scaling, more market participants, to name a few.
This also assumes regulations stay the same. I do expect regulations to change in the future, but to what, I don’t know. If anybody does, you have the keys to a lambo already.
Another assumption to keep in mind is that, Ethereum does have competitors such as Cardano and Polkadot. Both lead by ex-Ethereum founders. So it is possible Ethereum could lose market share to competitors over time.
Should I invest?
Don’t take financial advi...