In my opinion, diversification of the funds is a good idea on the cryptocurrency market and I am using it as well, but currently it might be better to hold only Bitcoin and stablecoins as they are the strongest coins during the current market conditions.
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Every cryptocurrency enthusiast is now waiting for a "comeback" for crypto, but I do not think it will happen in the nearest time. We should be ready to wait for 1-2 years until the next bullish market phase.
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In my opinion, there will not be as much cryptocurrencies in the future as today, but there will not be only one cryptocurrency. I think we will see about 10 projects with their coins to dominate on the market.
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It seems like Wall Street CIO's predictions were correct - Bitcoin is price is about 3200$ per 1 BTC. Anyway, it was necessary for the cryptocurrency market in order to set the new price records.
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It is a difficult time for any cryptocurrency enthusiasts, so hackers steal even such a small amounts of money. Anyway, it is a good lesson for you - you should pay more attention to the security of your funds.
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I agree with you, 2018 is a good year for long term holders who are going wait for a long time to get profit. If you invest in crypto this year, you are likely to earn a lot of money after holding for a few years.
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As for me, I think cryptocurrency market will definitely recover, but it will not happen this year. More than that, I suppose to see the flat stage in the nearest year, after which we will see a bullish market.
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Ethereum price is falling this year because of the global correction on the cryptocurrency market, so I believe it will recover when the bullish market is started.
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I think it is a good idea to pay Bounty hunters in Bitcoin or Ethereum because it solves 2 problems at the same time: the dump of the project' tokens price and low income for hunters.
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I do not think it is a good way to pass KYC procedure as video calls takes a lot of time if to compare with checking documents sent by email or through website. It is also uncomfortable for most people to use the video call for their identity verification.
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It depends on both the project and the exchange. Small exchanges can list the tokens within a day if the project has paid the fee. Top exchanges usually list only top projects in this process usually takes more than one week.
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Product is the most important part of every project as it determines the future demand and the success of the project. As for me, I only invest in ICOs with already working products or at least with MVP.
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Correction is ok for any market, so it is good cryptocurrency market is going through this stage as it will attract new investors and ensure the future growth.
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I think it is not the best idea to invest in ICOs today as their tokens are very unlikely to cost more than ICO price after hitting exchanges. If you do want to invest in ICO, you should firstly check the team members profiles and the whitepaper of the project.
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Ethereum became popular because it was the first to provide the convenient platform for ICO conducting and faster transactions if to compare with Bitcoin. At the moment, there are many projects having better characteristics than Ethereum.
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