Bitcoin vs Ethereum vs Dogecoin - which should I buy?

Whether you’re a complete beginner in the cryptocurrency world or a complete pro, it can be very confusing when it comes to buying a certain form of cryptocurrency. There is certainly a lot of money to be made with cryptocurrency long-term if you are willing to deal with the risk profile as well as other components that may cause the rise and fall of your cryptocurrency. At this current point in time, there are thousands of cryptocurrencies available on the market that are great to invest in and at the very top of the list you have Bitcoin and Ethereum.

Now, slightly newer on the scene is Dogecoin which reached significant popularity when Elon Mulk tweeted about it and caused an absolute cryptocurrency frenzy. People from all over the world were rushing to purchase a piece of this one laughable cryptocurrency and boy, did they end up earning big time! If you are considered investing in any of these, check out the 1k Daily Profit login. With this in mind, some people have dared to say that Dogecoin may be the next Bitcoin or Ethereum, and while there is little to no evidence to back that, we have seen stranger things happen, so it isn’t out of the question.

Bitcoin

We all know about Bitcoin and its rise to extreme fame over the years. Since its inception back in 2009, it has become a worldwide phenomenon and even though it sees times of great volatility, people absolutely go nuts over it. There aren’t many Bitcoins to be mined at all, while 21 million may sound like a lot, roughly 18 million are already in existence and many of them have actually been lost and have become victims of the crypto void over time.

There are not many left to be mined, so Bitcoin is certainly becoming scarce and it is scary to think about what will eventually happen when all of the remaining Bitcoins are mined. I suppose, for now, we will have to wait and find out.

Dogecoin

Dogecoin was introduced to the cryptocurrency world after the Doge meme became very popular in social media back in 2013. It was seen as a complete mockery of all other cryptocurrencies and people passed it off as a joke. Some people are still seeing it as a mockery and some people have just invested in it for the hell of it, but no one ever saw the rise coming until Elon Musk tweeted about it.

Within seconds after his tweet, people began rushing to buy into Dogecoin and soon enough, it absolutely skyrocketed. All it took was a tweet from an investing king to get everybody on the Dogecoin bandwagon.

Ethereum

Ethereum is certainly one to keep an eye on. For a long time now, it has been considered a big rival of Bitcoin as it is the cryptocurrency that would surely take over if Bitcoin was to ever leave the scene. It is absolutely huge right now and some people have even said that they have left Bitcoin to invest in Ethereum. It has been going up in price every single day and investors are scurrying to secure it for themselves.