Ethereum (ETH) can be purchased by traders on the spot and kept in their exchange wallet. In September, the eagerly anticipated Ethereum Merge will finally complete Ethereum’s transition from a proof-of-work (PoW) system to a proof-of-stake one. The Merge will also modify Ethereum’s monetary structure, improving the network’s sustainability and reducing the supply of ETH. Following The Merge, analysts predict that Ethereum will experience less inflation than Bitcoin. While Bitcoin will always be inflationary, Ethereum will be deflationary, especially with fee burning. At least in terms of interest, this combination provides Ethereum Classic with a strong trigger. A disagreement between programmers on the Ethereum team led to the creation of Ethereum Classic, a fork of the Ethereum blockchain. It is frequently referred to as the unappreciated sibling of Ethereum. It is currently thought that Ethereum miners seeking to switch their approach can find safety in Ethereum Classic, which will continue to use proof-of-work.

Reminder: even though the merge is coming around Sep 10-20, the beacon chain hard fork is on Sep 6. Make sure to update your clients before then! https://t.co/x8GQCbtNNk

— vitalik.eth (@VitalikButerin) August 30, 2022

First option: Traders can just purchase spot Ethereum (ETH) and store it in their exchange wallet or any other site or wallet that will allow forked tokens while they wait for the anticipated PoW token.

When Bitcoin bifurcated into Bitcoin Cash back in 2017, holders of Bitcoin received an equal amount of BCH, which once traded for $1,650 per token. BCH rose to a peak of $800 during the bull market’s zenith in 2021.

Also Read: How Ethereum Merge Could Change Cryptocurrency Forever

Second Approach: In this approach, rather than investing the entire sum at once, the investor makes small-scale investments over time. The purpose is to benefit from market turbulence without putting too much money at risk.

When short-term market volatility hurts investment, DCA is designed to help offset that impact. When using dollar-cost averaging, if an asset’s price falls, you still stand to gain if it rises again. Dollar Cost Averaging might spare you the work of trying to time the market to get the best stock prices if you are unfamiliar with cryptocurrencies.

Third Strategy: Liquidity is crucial when choosing how and what to invest in cryptocurrency. The term “liquidity” describes how quickly an asset may be changed into cash without losing value. A trader’s ability to enter or exit a deal at the desired value is determined by the ability of the concept of liquidity is crucial. The market’s most liquid cryptocurrency is bitcoin. Trades can be entered and exited rapidly due to the swift movement of the cryptocurrency market. This means that for market players to buy at the best price and make a profit when they wish to sell, there must be both supply and demand for the cryptocurrency.