It is a good sign to see the altcoins raising. I hope that this trend will continue further.There are many ICO coming up with interesting project, one should carefull while investing on Altcoins.
A greenish alternate coins or cryptomarket as a whole doesn't always get my attention because i don't really care enough about the cryptomarket's condition as i am into a long term plan of my crypto assets. There are times that i am really tempted to sell my cryptos during a significant spike of my crypto assets but i am always looking for the bigger picture that will come in the future.
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I will pick ETH for no other reason than the fact that it has a bigger market cap than that of the latter. With its famous smart contract blockchain, ETH has become the model of almost alternate coins that are still in the ICO stage and even those tokens that are just newly listed in the cryptomarket. As industries are embracing the full application of blockchain technology, ethereum's blockchain become the forerunner of it giving a good push on its market cap.
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I've been adding Cardano (ADA) to my portfolio few months ago and i really have a good feeling and expectation to this crypto that it will skyrocket its market value in the coming 3-5 years. I even invested more when it hits 0.09x lately and it's pretty good volume for me already and i will just make it sit in my wallet.
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I have made really good money when I invested in altcoins. First, I was choosing alts from top-10 but later, I understood that the other cryptos can also bring profits.
Some people wish they never bought alternate coins (especially those cryptos not on the top list) because they have a high expectations to it but gave them a bad experience that is hard for them to bear. But only if they will not stop, they will surely hit a good and promising crypto the next time they invest.
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Ethereum can possibly hit $1000 or higher by end of the year. It was around $1400 in January when the market correction started. Once market goes back to highs, Eth should too.
With only few remaining months before this year ends, i am really much excited about what Ethereum can bring to the table. Being volatile by nature, i am still expecting this year is good for Ethereum because it's already a fact that almost all newly listed alt coins in the market nowadays are using ethereum's blokchain.
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While others may buy in and listen to other pessimists' advice, i am holding on my crypto assets because i believe that bitcoin (for instance), will continue to exists even during the toughest time of cryptos because bitcoin has already been the foundation of cryptoworld.
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As much as i keep my bitcoin for long term, so with my alternate coins too because you can't deny ethereum and other elite cryptos that are listed on top. They surely are promising cryptos that can give me a good profit in the coming years because i believe that like BTC and ETH, they will grow more too.
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I think that all modern people are ready for crypto because it can provide us with many benefits. As for the older generation, they will never be ready for changes. I think that they don't like anything new
The world is not really ready for cryptocurrencies because not all countries are in favor of bitcoin as imposed by their government, not all countries have proper access to the internet while there are also a part of the country where people seems to be uncivilized that they don't even know how use technologically advance gadget.
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Since bitcoin is a decentralized cryptocurrency, then i think it's just a very good tool for money laundering and not only for money laundering but for some other criminal acts that involves money. Because of that, other countries feel that they are intimidated by cryptocurrencies that's why some countries declare a total ban of cryptos.
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If there will be a crypto created that has more features than bitcoin then it will somehow has the legit resume to take bitcoin's market value. But for now, since bitcoin is still around, i don't really think that there is a token that can take away bitcoin's place.
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Even if bitcoin is not going to have a surge before this year ends, i am still having a positive outlook on bitcoin and the rest of alternate coins that are very promising too. So even if bitcoin will not be stronger this year, it will surely does in the future.
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Cryptocurrencies are in crisis once again and my portfolio has been cut half of its market value from the past months. Still, i am hodling my cryptos despite all of that because i am optimistic too that bitcoin will have its final push for the last remaining months of this year.
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I never trust a bleeding market easily because anytime soon, it will fluctuate again and you will just regret buying some of your favorite altcoins when the price is down only to find out that it even goes deeper few days after. Crypto market is volatile that's why a better observation of its condition can be the key to succeed too.
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Giving up is just the synonym of quitting which can only give you frustrations and regret someday. Each one of us has dream but reaching it is not as easy as we think especially if we are in to cryptoworld because we know how risky to be here that will also cause our dreams to disappear. So just hold on for a while and never give up doing that can make you reach that dream.
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Reading the whitepaper is important so you would have a proper understanding of the whole project/ICO including its vision and mission, its product, their future plans and of course, it's one of the way to determine whether a certain ICO is feasible that would sometimes lead to your discovery that this ICO is a scam.
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All this growth at the moment is deceptive, because at any time it can go to the bottom of Bitcoin and after it the altcoins will go too, so I do not consider it necessary to buy altcoins yet...
Bull trap as they call it but i don't really care no matter what the condition of crypto market is. I've been into a hodling spree even after some consecutive price hike of bitcoin's market value because i have already set my mind to hold my bitcoin and alt coins even if they're teeming in green already.
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Etehereum reaching 1.5K USD this year is a way more unrealistic to me given the fact that ethereum is too slow in its market cap and price movement. Maybe 1.5K market value of Eth can be reached next year some times in January to February.
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Buying at the dip is a smart decision one is able to do because not all crypto investors or even believers have the guts to buy/invest when the market is bleeding due to doubts and fears. Imagine buying bitcoin at 5K$ a couple of weeks ago and sold it at 7K when bitcoin reached that market value; isn't it a good profit already?
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It's not surprising at all if bitcoin will ever fall down to 6K and even down to 5K of its market value. That's how bitcoin's volatility looks like in full display because when the demand of people is low, the market value will also going down too. As we're approaching to the final quarter, i am much optimistic that bitcoin will rise drastically.
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It is really good to store bitcoins in your digital wallet and have it stay there for a couple of months or even years because bitcoin is a long term cryptocurrency that can give you a very good profit that you never think will happen to you. And with the current crash of bitcoin, it's already a good sign to buy some since its market value is already down.
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