The different ways you can use Ethereum to make money explained

Wednesday 02 December 2020, 7:20 AM AEST - 1 month ago

EthereumThe different ways you can use Ethereum to make money explained 19

Ethereum is so much more than just a coin. Its blockchain is unique as it allows you to create smart contracts that people can modify for specific purposes.

It is legendary for Decentralised Finance because of its limitless uses that go beyond the necessary tools. The very fact that you can change Ethereums use is so relevant today with most things being done online and many people losing their jobs leading to the growing gig economy.

More people are working remotely and are looking for ways to handle paying their employees and hoping to innovate in this season. Clients want to come out of Covid-19, winning despite the tribulations they have faced.

Everyone wants to make lemons out of lemonade because that is a better story to share. ETH can offer you a better story in this climate in various ways you can make money through the coin.

Ethereum is doing better than ever.

Ethereum 2.0

The Ethereum price has been soaring as people continue to anticipate the new upgrade. The upgrade will be called Ethereum 2.0 and will make Ethereum 1.0 much more efficient and improve its scalability.

The very fact that ETH is handling its limitations is great for investors because it shows that the coin is growing, and this is something investors can trust. The fact that demand for ETH is growing pushes the price up, making it a significant investment. Lets take a look at the graph.

Ethereum price

Over the past four days, the coin has had incredible bullish momentum shown by the predominantly green candles. The Moving Average Convergence Divergence (MACD) demonstrates how there has been a lot of bullish action since the 28th of November as investors anticipate the upgrade.

The MACD has been thick, pointing to a lot of bullish momentum. There has been so much bullish act ...

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