We are still in downtrend and not even the pump a few weeks ago can break the trend, it's hard to break the resistance and I hope the support level doesn't break so we are not going down a lot. The only good thing about this is there's a lot of good news regarding crypto so we know that the future of crypto is bright, just be patient until the bear market end.

Bitcoin will be okay, there's a lot of times that people said bitcoin is dead but it always comes back to prove them wrong. This time there's a lot of new people that get in at the peak bubble, don't know anything about crypto as they only hear it from the media and they want to get rich fast so of course they will be the first one to panic sell. The price right now is still higher than last year and although we are still in the downtrend but I believe we will go up again.

I prefer to invest my money in cryptocurrency because I believe in this space most of the traders are new and don't have much experience, most of them don't even know how to read the trend. Stocks is safer and pay dividend but if you want more return then crypto is definitely better. I've been in crypto for one year and I earn more here than from stocks.

I always see my investment in bitcoin so every decision that I make I will always look at the amount of bitcoin that I wil get later. If I have less bitcoin then it's definitely better to just hold the btc instead of trading it. I will keep increasing my bitcoin so when bitcoin start to go up then I will earn more money. I have seen my friend happy because his coin's usd value go up but he doesn't realize that he has less bitcoin.

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Bitcointalk username: Diablesfunis
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I don't think so, we are still in the downward trend eventhough there's a few times we broke the resistance but they seems like a manipulation as it only happen in a very short time frame. Some green doesn't mean the bear market is over and right now the best decision is to monitor your alts so that the price won't drop too much and be patient for another opportunity.

Yup, sometimes it is better to cut loss and forget your mistake and use the time to trade somewhere else to earn profit instead of holding your coin for a really long time without knowing when the price will go up again. Also it's better to let things go, especially if it's opportunity loss rather than regret it and chase the train as that's an easy way to lose money.

Ofcourse it is very important, it shows that the project is more ready and actually has the ability to run the project. If the product is ready or the beta is ready at the ico, then the project will save a lot of time for the development. A lot of icos take a long time about 1 year until they release the product so it's definitely an advantages to have. I prefer to invest in the project who has the product ready if I have to choose between two project with the same concept.

It is definitely better to learn first about crypto because that way you will know what you are doing and the risk that can appear from that activity. It's also not recommended to invest without understanding what you invested in. You have to learn a lot if you want to last long in crypto, I've seen a lot of people losing money because of basic mistake like sending ether to ico smart contract from exchange address etc and that kind of thing can be avoided if you learn first.

1k usd / month is a lot in my country, that's like 5x the minimum salary here so it's going to be very hard to get. First you have to know how you will get it, from trading or passive income like dividen based coin or staking, if you want it from trading then you should be good at it because the risk involved is very high. If you want to get it from passive income like staking and dividen then you need a large amount of capital to buy the coin to get that kind of return monthly.

If you are planning to hold them for a long time then of course it is a good time to buy but if you are looking for a short term target then I don't think it is a good one. It is wrong to buy coin when the price is already green, people seems to do this a lot and that's why they suffer losses. You should buy alt when the price is down because that way you can earn profit when the price bounce back.

I'm in for the long term and most of the alts I bought are from last year or from this year crash so the entry price is quite low compared to the price right now so of course I will continue to hold it. But if somehow I bought high and the price decrease, I will cutloss and wait for another opportunity to enter again, that way I won't have my money stuck for a long time.

I sell most them and buy another alts if I find the bounty token underwhelming but if I find that the coin/token is good then of course I will continue to hold it. It's the same as other coin that I've bought, if I find another project better in term of potential then I will sell it and buy that coin instead. I like ether more so I usually convert my coin eth.

It is safe as long as you are careful and know what you are doing, most of the problem comes from the user negligence of security and they don't think that they need better security. If you want your money to be safer then it's better to store your money in the bank but the value of your money won't grow rather they will lose it's value to inflation.

I am tempted of course to put more money into crypto but I know my limit and if I put more money I won't be as calm as I was when the market is down. I will just stick to the old rules of just invest what I can afford to lose. Although I won't be a millionaire but it will be enough for me to quit my job and retired early, don't force yourself or you'll get stressed a lot.

Your money is definitely safer in the bank, although in crypto you have the private key and have full control of your money but the problem is the user is not that careful to guard their own money. It's a choice between putting your money in the bank and have more security or putting your money in crypto and let the value of your money grow, there's risk of inflation in the bank and there's investment risk in crypto so it's really up to the person himself.

My biggest financial loss is when I lost a quarter of my nano because of the bitgrail hack, good thing I only left a quarter on the exchange to trade when the hacking incident happen. After that I immediately sell the rest and that's a good thing to do as nano price down a lot and haven't recovered till now. I lose probably about $1000 from that.

That's why it's hard to invest in altcoins, because there's too many of them that you have to search for something that's better out of them all. It's not easy to do as there's a lot of altcoin that already down a lot from their ico price and probably won't able to recover. Altcoin is a high risk and high reward investment in crypto so if you don't understand about them and don't have time to do some research about them first it's better to just stick with bitcoin or eth.

Right now their best competitor is obiviously neo because the two of them already have a running platform and icos on it. People say eos and cardano are ethereum best competitor but that will be far in the future, right now neo is the closest one. Even eos has a bad launch so it will take them a long time before they are going to compete with ethereum, the same can be said about ada.

I only use google auth and authy so far, authy seems better because I can use it on multiple phone and do back up while google auth doesn't let me do that so it's a pain whenever I want to switch my device because I have to remove the authenticator first before applying a new one. I don't use iPhone so I can't comment on that app you are talking about.