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The use of the Ethereum smart contract by ICOs are increasing everyday. Therefore if ICOs will continue in the future then this may positively influence the growth of Ethereum. However, the price of Ethereum has been noted to be affected by Bitcoin, such that huge decreaments in Bitcoin affects Ethereum. This confuses me a lot, would you prefer to invest in Ethereum or Bitcoin for long term?
It would be perfect if investing in both for long term purposes. Bitcoin and ethereum are good to hold for both are on the top of crypto market. Bitcoin is popular, also ethereum. Both coin holds their own dominion by their own specific uses that gives interest to everybody's crypto lover.
Looking at the current progressive decrease in bitcoin and ethereum prices, i think short term investment wouldn't be profitable so i would go for long term investment.
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