If it's so easy for etheruem to go into extinction , it would have happened last year at the heat if the bearish market condition. The price doesn't not determine it's value if you understand the being potentials of cryptocurrency . So etheruem price will still rise ,I believe.
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Yes of course, if I had money I will invest hugely in bitcoin and then hold for long. This is because I so much believe in bitcoin and Cryptocurrency. The present market condition can only scare people who do not have confidence in the market.
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Following signal channels last year was what got me into the mess I am currently in and struggling to break out from. I don't believe in price prediction again. What happened to me last year made me believe that accurate price prediction in Cryptocurrency is not actually possible.
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I agree completely with your assertion that regulation of Cryptocurrency will positively affect the Cryptocurrency space in no small measures. But the issue here is that the structure of Cryptocurrency is complete decentralized and so it would be difficult to exact regulatory control over it.
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I do not expect the market to see the market trend of 2017 this year but I do think that the market situation will be better off than last year 2018 market condition. There will be a lot of positive development in the market this year which have already started Only strong ico projects and coins will be able to withstand the market this year.
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The future of Cryptocurrency is undoubtedly good. I still maintain that the value of bitcoin per time is not a yard stick for measuring the future or otherwise of the cryptocurrency market . This assertion is based on the fact that the Cryptocurrency market is one that is highly volatile and so price will always swing bith ways.
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I disagree that all times are good for entering Cryptocurrency. As it doesn't make any logical sense to tell an investor or trader who plans to invest for short term purposes to just buy no matter the price. Except otherwise , the person is planning for long term hold.....then you can buy any time.
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I agree with the poster that it's hard owning Cryptocurrency. Let's take a look at this, to buy Cryptocurrency as a new investor, you have to register on an exchange , wait for account verification, convert your fiat to Bitcoin before you can buy any other Cryptocurrency of choice. Believe me , it's a very tedious task to new investors.
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The scenario painted here by the poster I actually the main reason why the richer are getting richer while the poor are getting poorer. Some people fail to understand that even life itself is a risk and so taking calculated risk like buying bitcoin now that the price is low is the best .
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It is my believe that those that are condemning bitcoin do not understand in the slightest term what bitcoin truly is, it's many potentials etc. If they do they wont be on a condemning spree of bitcoin. When you come in contact with such people, just do your part by educating them about bitcoin.
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Cryptocurrency can make one rich and poor at the same frequency. Although I agreed that Cryptocurrency investment is one of the top investments in terms of return on investment aside real estate investment. But so many people thought it's a "get rich quick" scheme.
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Actually I us e to think that there is a dip only to discover in 2018 that even when you think you have bought the dip, theres always the dippest dip. Like people that bought etheruem when the price was just $200 would be happy they bought the dip even though the coin later dipped to $80+.
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I think using bitcoin without the internet is a good development and not only is it a good development, it will push the adoption rate of bitcoin because many people even those in the rural areas would be able to use it .
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Although I 'm indifference to the assertion that there's no basis for comparison of both bitcoin and etheruem because personally, aside the fact that bitcoin was created before etheruem and it's more popular and recognize more than etheruem. Etheruem blockchain has more usecases than that of bitcoin.
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From my observation,I do think that bitcoin investors are more passionate about cryptocurrency than other altcoins investors. Bitcoin investors seems to have more focus , patience and strong will , belief about cryptocurrency too.
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Ripple has been said to be a very good altcoins that is nice for long term hold. It's currently competing with etheruem for the second position on the coin market. So not only will I be investing in ripple, as a matter of fact I have invested already and plan holding for long time.
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I think you are right in your submission. This is actually the right time for any foresighted investor or trader to invest for higher return on investment. So many good altcoins are way cheaper and affordable now, soits the perfect time. Take advantage of the opportunity and fill some bags.
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The Cryptocurrency market is at it's early developmental stage and so we shouldn't be distracted by it's occasional ups and downs . The market will still recover and we will all smile again. It's not the end of Cryptocurrency but the beginning.
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