If you’re looking to get your hands on some long Ethereum, there are a few things you need to know. First, what is long Ethereum? Long Ethereum is simply a position taken by an investor who believes that the price of Ethereum will go up in the future.
In order to take this position, the investor buys Ethereum at the current price and then holds it, hoping that the price will increase so they can sell it at a higher price and make a profit.
There are a few different ways to get long Ethereum. The first is to simply buy it on an exchange like Coinbase or Kraken.
You can also buy it directly from someone else using a peer-to-peer exchange like LocalEthereum. Finally, you can also mine it yourself if you have the necessary hardware and software.
Once you have Ethereum, you’ll need to store it in a secure wallet. The most popular option is to use a software wallet like MetaMask or MyEtherWallet.
However, if you want extra security, you can also use a hardware wallet like the Ledger Nano S.
Once you have your Ethereum stored in a wallet, you’re ready to start investing. One popular way to do this is through an investment platform like eToro.
On eToro, you can invest in many different cryptocurrencies, including Ethereum. You can also trade Ethereum CFDs, which allow you to speculate on the price of Ethereum without actually owning any of it.
Another popular way to invest in Ethereum is through Initial Coin Offerings (ICOs). ICOs are basically crowdfunding campaigns for new cryptocurrency projects. Investors contribute money to the ICO in exchange for tokens that will be used on the project’s platform.
If the project is successful, the value of the tokens will increase and investors will make money. However, if the project fails, the tokens will become worthless and investors will lose their money.
So where do you get long Ethereum? There are many different ways, but ultimately it comes down to buying it on an exchange or through an ICO. Whichever method you choose, make sure that you store your Ethereum in a secure wallet before investing.