As the crypto market is very weak, altcoins including ethereum are going down in price. Ethereum has been experiencing downtrend more than other altcoins. It maybe dominance of bitcoin. Bitcoin is posing threat to ethereum I think.
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Ethereum price may go up if if breaks above $500. But it is unlikely that ethereum will break the base line of $500 any time in the nearest future. But five years are long term period, so ethereum may hit up to $1500 and go down to as lowest as $100.
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Price of cryptocurrency going up and down is a natural phenomena of cryptocurrency. So investors and traders should not panic about price fall. In 2017, bitcoin peaked at 20000 $, but now it stands below $10000. At this time, price of altcoins has gone down. I believe price of altcoins will go up again.
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One of the best ways to earn profits from the crypto market is not become too much greedy. Whatever profits you can get from trading, you should contend with it. Wanting more will lead to a loss. Day to day trading is an amazing way to earn profits from the market even if it is in the red.
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Besides bitcoin, beam is the hottest coin to invest in 2019. My list of hottest coins include BNB, Ethereum, Bittorrent, Houbi etc. Sorry, I cannot explain why these coins are hottest for me as I am not a crypto expert. I have just given you my thought about hottest coins for investment.
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At this point of time, price of altcoins has been dropping significantly. Bitcoin has also dropped in price. But its price fall is less than altcoins. For example, price of high potential coin, BNB, is dropping to lower level. I think, its price will further decrease. So it is not best time to buy. Buy after some days.
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The only coin that can multiply in price by the end of this year is bitcoin. I do not think price of other coins will surge significantly as compared to bitcoin. Only a few of altcoins like Binance Coin, Houbi, Bittorrent are some altcoins that have high potentiality to grow over time.
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Generally, price of cryptocurrency decreases due to various factors like bad news surrounding cryptocurrency and FUD. But there is not any bad news regarding cryptocurrency at this time. I think sometimes price of coins drops without any reason. So price of coins is decreasing without any valid reason at this time.
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I do not think it is a good time to buy altcoins other than bitcoin. Only bitcoin is rising in price, but altcoins have been declining in price. So if you really want to invest, you may invest in only bitcoin. Binance Coin is also a good investment if you want to invest in altcoin.
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To be fair, I do not buy you thought about altcoin price recovery. Price of altcoins has gone down and down since their price peaked in 2017, the best year for cryptocurrency. After that, price of altcoins has fallen. Only bitcoin has increased in price.
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Credibility is a must for selling concept of a project. So investors and traders are always on the lookout for credibility of a crypto project and on which exchange it will launch IEO or list. If a crypto project launches its IEO on reputed exchanges like binance, bittrex, it will obviously attract as many as investors and traders.
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Compared to 10 years ago, the volume of mass adoption of cryptocurrency is increasing. At least authorities are denying to neglect cryptocurrency. When Facebook's libra sparked debates relating to cryptocurrency, authorities in a way accept importance of bitcoin. Many countries have issued their own digital currency. Cryptocurrency is being used as a method of payment.
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I feel the same. It seems like altcoin season has not started yet. Only bitcoin is rising in price. Bounty campaigns are also not so good. I have been participating in bounty campaigns for the past two years. But only a few of projects have given bounty rewards. Even their price is so low.
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Me too in the same situation. I am looking for good advice for trading strategies. I have suffered a loss from the crypto market. So I want to recover my loss at any cost. I have been participating in bounty campaigns in a hope of recovering my loss. But nothing is working.
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Everybody wants to get returns on investment as quickly as possible. So considering that reason, it is natural for every investor to become impatient. But in cryptocurrency, becoming impatient will only land any investor in a loss. So patience is the key to become successful.
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EOS and ethereum are best coins for investment. So you can go for them. But in my personal opinion, you can also buy Binance Coin, Huobi, Beam, and Bitcoin. These coins are very much good investment for long term. I am sure these coins will never disappoint you.
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I started doing bounty campaigns some two years ago. But most of the bounty projects I participated in did not pay me any token. So I do not have so much tokens to change exchanges. Personally I do not like to change exchanges frequently. Changing exchanges may lead to scam exchanges.
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I think the market is saying that it does not need anymore new crypto project. We can see many good projects are dying. Price of new projects falls right after hitting exchanges. And I think altcoin season has not started yet as well. This time is only for bitcoin.
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Yes I agree with you on this. On the one hand, the number of bounty campaigns is decreasing due to failure to attract investors. On the other, there are only a few good project, which is difficult to find. Likewise, fake bounty campaigns are also haunting investor and bounty hunters as well.
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Bitcoin is dominating the crypto market with almost 70 percent share of it. Lately, price of altcoins is not rising on a par with bitcoin. But when price of bitcoin falls, price of altcoins also falls but at double rate. So they are altcoins which are facing a double whammy. I think Ethereum is also facing this situation.
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