With the current revolution in the global market caused by the increase in investments in the Metaverse virtual world, it is predictable that Cryptocurrencies will serve as the basic media of exchange among entrepreneurs and investors in the future.

Many times, Bitcoin and Ethereum, which are the two biggest cryptocurrencies, have hit high prices following a huge drop.

If you want to secure a better future, you should buy Ethereum. Why should you buy Ethereum? You may ask.

Many factors justify the need to buy Ethereum for the sake of your future. The fact that the Biden administration as well as the US government officials showed interest in Ethereum late last year is enough for you to consider buying Ethereum.

What is a cryptocurrency?

You might have heard the word "Cryptocurrency" several times and perhaps the incessant encounters with Crypto on the internet have spurred you to want to know more about it.

Cryptocurrency, also known as Crypto, is a digital medium of exchange. Unlike banknotes, Cryptocurrency is not controlled by a central authority such as the government. Rather, Cryptocurrency is maintained by a decentralized system.

Many cryptocurrencies are available, the biggest ones being Bitcoin, Ethereum, BNB, Litecoin, and Solana.

The future of cryptocurrencies

Have you ever thought about the prevalence of online business transactions? Many times, investments that involve international payments are done online and the easiest way to make such payments is through cryptocurrencies.

With the prevalence of virtual marketplaces in the Metaverse, capitalists and Investors are certain that cryptocurrencies will be highly valuable in the future.

Do you know you can buy Ethereum and use it to buy assets such as lands and Real Estate in virtual worlds such as Decentraland and The sandbox?

The use of cryptocurrencies as media of exchange, especially Ethereum justifies that it is worthwhile to buy Ethereum to secure a better future.

However, you should not invest what you are not capable of losing into Cryptocurrency. This is because cryptocurrencies keep fluctuating from time to time. Experts advise you to keep your crypto investments below 5% of your portfolio.

What Cryptocurrency can I buy in 2022?

Although buying Cryptocurrency is a lucrative investment, it may be challenging to choose the right one to buy at the moment.

Nevertheless, the best investment you can make into Cryptocurrency in 2022 is to buy Ethereum. You're probably questioning your mind that why should you buy Ethereum?

You should buy Ethereum because it is the second biggest cryptocurrency after Bitcoin. Presently, the value of 1 Ethereum is about 1,754USD. The fact that it is not as highly competitive as Bitcoin in the market lowers your risk of loss.

Ethereum has the potential of rising in the future while Bitcoin keeps depreciating.

In addition, the Ethereum network is currently undergoing an update from a proof-of-work (PoW) model to a proof-of-stake (PoS) mining protocol.

This game-changer will enable the blockchain to be faster, cheaper, and more energy-efficient. With this update, Ethereum has the potential to rise above Bitcoin and other competitive cryptocurrencies.

Also, Ethereum plays a significant role in the Metaverse, which is the virtual world of investment that has won the heart of many capitalists and Investors all over the world.

As a smart-contract platform, Ethereum enables users to build everything from Non-fungible tokens (NFTs) marketplaces to decentralized finance (DeFi) applications.

These types of applications are used by the Metaverse as media of exchange. The Sandbox and Decentraland, which own the two biggest marketplaces in the Metaverse exchange their cryptocurrencies (SAND and MANA respectively) for Ethereum.

How to buy Ethereum

1. Choose a reliable exchange platform

You cannot buy Ethereum directly from your bank account or an online brokerage. Any attempt to do that may cause you to lose your money.

To buy Ethereum, you need a cryptocurrency exchange platform. The prevalence of different cryptocurrency trading platforms may get you worried about getting a reputable one.

Don't worry, we got you covered at "anycoin direct". Being a reputable crypto exchange platform, we provide the easiest way to buy Ethereum.

2. Fund your Account

The next thing is to sign up and verify your identity on the crypto exchange platform.

You will have to connect your debit card or bank account with your account on the platform to fund your account with the currency with which you want to purchase Ethereum, preferably US Dollars.

3. Order for Ethereum

Once you've funded your account, you can trade USD for Ethereum by putting the amount of USD you want to trade for Ethereum 

This will convert the USD to an equivalent amount of ether coins.

4. Store your Ethereum

You may leave Ethereum in your exchange account as an investment or move it to a digital wallet for storage.

Wrap-up - The future of cryptocurrencies explained

It is worthwhile to buy and hold cryptocurrencies because of the continuous increase in their usefulness as means of exchange in marketplaces, especially in the Metaverse virtual world.

However, if you're considering buying a Cryptocurrency in 2022, it is advisable to buy Ethereum because it has the potential to increase in value in the nearest future, being the cryptocurrency used in exchange for other currencies that are used to acquire assets in the virtual world.