I can`t name even 3 altcoins that is better than Bitcoin. Based on your words there are many more than that. I think the only altcoin that can somehow influence and become a competitor with Bitcoin is Ethereum and very unlikely, but still, Ripple.
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Anyone who says that Ripple is a shitty coin will soon regret it. I have Ripple as number 2 of my most growing altcoin in the 2018. If you have the capability and budget to invest in it and have it as an instrument in your portfolio, I think you should do it.
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I do completely agree with you. Generally you have to have a plan before making any step with your money. Calculate how much you are ready to lose, how much you want to gain and in what period of time and won`t be losing your head.
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For the next month? Well that is a very short term investments. Keep in mind that investing in crypto is overall very risky and any suggestions are not guaranteed profit. With that being said, I would recommend Ripple as an altcoin to invest.
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Now is a good time to invest in Ethereum if you believe in this altcoin of course. I do believe and expect it to fully recover at the beginning of summer and hope to see profit at the end of 2018.
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Bitcoin as a whole is a very influential coin no matter how you look at it. Yes, more and more ICO are based on Ethereum, but still Bitcoin is very commonly used in our today`s world of crypto, so no wonder that the price of has such big influence on the new projects.
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There is no such thing as an ideal number for the start of trading. You can have millions of dollars and lose them all without an idea of how you want to invest them. All I can suggest is to pick such amount of money, that it wouldn`t hurt your everyday life.
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I can`t imagine a world where BitcoinCash is able to overthrow Bitcoin or reach the same value. That is extremely unlikely to happen in the nearest future and if that happens I will honestly eat my words and paper.
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I have seen a big number of scams who would say the same thing of “beating Bitcoin”; “the next king of crypto” and so on and so forth. Usually they turn out to be a scam. Now, I`m not saying that this coin is one but I just dislike that type of marketing.
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There are basically two points that can tell you why the crypto can be seen as dangerous for developed countries. The first point is anonymity, you can`t trace the transaction and know who is behind it. The second point is lesser fee for transaction - lesser money for banks.
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I disagree that it would equally suck, because in one case you make 288% of profit, and if it crashes you not simply make small profit, you also lose whatever you had invested in it. So please, don`t be so greedy and not get mislead.
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What`s special about Ethereum is that first of all, it is the second most popular crypto currency on the market, which leads to an enormous amount of information and speculations behind it, which in its turn influences the price on the market.
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Well it depends on what time period we are talking about. Is it one month, is it one year, one week? For a long-term investment I suggest to buy Bitcoin and hold it for a year or so, if you want to make money quick and with a very high risk than any altcoin like Ethereum or Litecoin.
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I`ll answer this question anytime of the day, it is Bitcoin. The oldest, the original one and the one which will survive for the longest period of time, at least I think so. So if you want to make a long-term investment I would suggest Bitcoin for sure.
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There are not so many ways that can bring you a monthly income from crypto, leave alone passive income of 1 thousand dollars. The first order of business is to have a nice chunk of money behind your back and do an intraday trading.
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There is not a single altcoin that can replace Bitcoin right now, at least I think so. The top dogs such as Ethereum and Litecoin are nowhere near to the price and value of Bitcoin. With that said, I don`t think Bitcoin will crash in the nearest future.
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I don`t think it is always worthy to put your money into one company, even if you 100% sure that it will be successful. It also depends on what time period we are talking about, imagine you had bought bitcoin a year ago and was able to hold it.
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That is a very, extremely bold prediction to make. I would love to see it happen though, but I also believe it is a bit unrealistic. From my personal prediction, Ethereum may reach the 1000$ mark in the autumn of 2018.
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Generally speaking, I believe that overall market of crypto currency will see a good growth throughout the 2018. My personal top 5 coins that can make you nice profit is the same: Bitcoin, Ethereum, Ripple, Litecoin, IOTA.
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As a matter of fact, the current market is recovering beyond my expectations. At this rate we will not just see a full recovery this summer, but a new highs for some major players on the crypto market.
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