I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
That's right this year is time of cryptocurrency coorection, slow process of improvement of price increase since the bearish market start early January of this year price dip is almost 70percent loss of bitcoin. But don't worry according from the history of bitcoin it is a normal, wait for the new jump of bitcoin price increase maybe next year or year 2020 but the price of bitcoin today's aren't bad is stronger. In January 2018 everybody was sure that this year will become the best period for the altcoins. Many guys were making the great prognoses about Bitcoin. Unfortunately, this year turned to be a very hard time for the market. |
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If you have much money and have other source income you can use bank deposit for saving and hold your money than you have buy gold or silver as investment, just little profit you can get by holding at silver or gold because too small change of both gold or silver price, maybe you can use bank deposit and get profit every month.
Everything depends on the bank. If you trust it and know that this institution is reliable, you should better pick it. By the way, if you have gold and silver, you can also place these precious metals in this bank. |
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Far-sighted owners of crypto wallets, if desired, can indicate the code from their wallet in the will as well as the code from any cell in a real bank. Anyway I saw some projects on Ethereum blockchain that helping with such things - but we need to wait little bit for stabilizations of this projects.
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Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.
The new time has come, the new technologies, the new kind of money, nothing stands still, everything evaluates and sooner or later goes into the virtual space, it is convenient. It is our future I thing and we going to new era of crypto. |
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You should choose BTC, ETH, NEO, EOS, LTC is the best way to invest. You should hold it long. I feel these coins really excel.
If you believe media, then all the major TOP coins falled over the past month, now you need to analyze and watch the news. I think that after a while Bitcoin will return its position. I like Eidoo token, it is even now growing. |
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All of the coins that are listed are experimental, their future is not clear yet, but I expect the emergence of a reliable and stable coin. If you need to choose one from all, then you can try USDT... but only for short period of time.
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Electronic money is growing all over the world. But every country has its own investment in different electronic currencies. The value of each penny in each country is not the same. They depend on the economic development of the countries. Which countries are strong financially, e-money is strong.
It is possible. I can imagine that some countries will decide to do it. I have heard that Russians were talking about the appearance of their cryptoruble. maybe, their citizens will be interested in it. |
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Digital currency may not completely eradicate fiat currencies but I am certain that it will stop the people's over dependence on fiat currencies to do anything. This will be achieved by the time more users have the experience with cryptocurrency in terms of speed, convenience etc.
Of course, there is no way any government will allow cryptocurrency to just take the lead in the country while eliminating fiat, and in a way also, it will be hard for them to want to eliminate something that has grown hugely worldwide and trying to go against it will just be like fighting something they cannot win. The way everyone will be happy is when countries start regulating cryptocurrency, there will always be some factions that will use it as well as some factions using fiat. Also, there is no way fiat will completely end up useless, as this is an official thing most people have been used to over the years. Ethereum will gain. Everybody believes in this cryptocurrency. Millions are ready to invest in it. I am not sure that its price will reach a thousand very soon, but it will certainly, happen in 2019-2020. |
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Of course, I have never been in the ranks of any company in my life, but I worked long and hard to save money and invest in Bitcoin.
It's a good approach. Let's hope cryptocurrencies will never fail us and we all will be rich in ones and zeros of the crypto world. And that we also can be rich in real life too not just in virtual world where all our have is ones and zeros and not real money you can spend. Any work needs attention. You should know that the cryptocurrency market is very difficult and no different from the usual work. Start by exploring this market, learn everything about participants and how to trade correctly. And only then make a decision. |
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I would rather believe that banks will trade cryptocurrencies than that banks will disappear because of them, as the banking system is one of the most durable and stable in the world.
I think that cryptocurrency will affect the banking system, but I am sure that banks will start using coins in order to attract investments and increase popularity. |
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Aside from here, where else?
There is a lot of information about new altcoins. I often use websites, forums, official pages, social networks. But the best thing for me is communication with traders and investors. They are always know a lot. |
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At the moment, investors are still not profitable because their prices are still low, their growth is slow. But in the near future I believe it will be a green market that attracts more and more investors
The investors have taken the right decision to hold the tokens. Yes, they are not so active, and the market has become slow. I guess, soon, this period will be finished. The market needs a real jump. |
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The skeptical investor doesn't need to look far in order to see this in practice. In fact, the scam-filled nature of ICOs is so widely known that the SEC created a fake ICO just to warn people away from them.
I totally disagree with this opinion. Of course, there is scam among ICO, but that doesn’t mean that all ICO are scam. There are a lot of good and promising ICO, you just need to learn more about the campaigns. |
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For me I think the value of a coin is it's utility, Bitcoin for example is now been used as a payment option, many people accepts bitcoin, so I believe the moment a coin have utility then it's value will increase.
I think that there are more factors than 3 that makes coin profitable. A team, an advertising company, investors, but for me, the most important thing is a roadmap that always shows goals and deadlines for their achievement. |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
Very interesting question, I think you answered it yourself already. I prefer to buy a lot of altcoins because if you keep money in many altcoins, there are more chances to earn money, and if you keep money in one coin, you can lose everything quickly. |
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Bitcoin price is a bit low than we wanted it to be but the price is expected to pump up when the bull run starts. Altcoins price follows the price of bitcoin. So if bitcoin price goes up or down the others would follow too.
It is difficult to predict the price of Bitcoin and the other cryptocurrencies, bro. However, I suppose that BTC will be growing, and we will earn the money we want. Usually price going up in December! |
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I read in telegram that we can remove signature and avatar. Just want to confirm that I deleted everything. Waiting my tokens, thanks in advance!
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Bitcoin will always be the leader. Altcoins in theory can bypass Bitcoin for a while, but I am sure that this will not happen because the market depends on Bitcoin. Altcoins will only compete with each other.
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In my opinion this should really be interesting but there is also a high risk of losing your money if you don’t stop on time. In addition games can cause addiction.
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This problem really exists in the market of ICO projects, and perhaps some kind of authorities are needed to control this. But at the moment, all we can do is choose the right projects.
I think that soon the government will not allow fraudsters to launch their projects. Today investors are more demanding on ICOs but a well-prepared scam is still difficult to recognize. |
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