I believe $20k to $50k at the end of 2018 is quite possible. But just remember that everyone is making random (educated!) guesses and the best thing to do is to stick to your own strategy because you are the only one who knows your financial situation the best and only you know what will make you happy in the end.
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You should invest more when you feel like quitting which is easier said than done. But that is when you will make the most gains. Start investing small amounts when you feel like quitting and turn that into a habit!
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It depends on what you mean by many. It depends on so many things such as what gains you want, the capital you have etc. But it's bettter to have small positions in many alt coins because right now we never know which one is going to be successful. And the successful coins will give you 100x returns in a few years because the crypto market is still very small. Also do not buy altcoins which are not in the Top 200.
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New crypto wallets are coming which will make it really easy to own and use crypto. An example would be the Ethos wallet which is very simple to use and self explanatory.
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The bear market has officially ended. We have a lot of good news incoming with many ICOs starting to have their Mainnet, Lightning Newwork working as intended, New Blockchains, Bitcoin ETF and more which will all lead to a slow and steady increase in price. We may see the biggest bull market this December.
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There are a few alts that will do well. But there are 1000s of alts now and most alts outside the Top 200 in Coinmarketcap and some even in the Top 200 are scams. Bitconnect was even in the Top 20!
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It's a cycle. It has been happening every cycle. BTC will rise as people sell alts to buy BTC and then they will buy back alts later which will cause the alts to rise. Most of it is done to increase BTC position. So at the end, BTC is King.
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They know they have to embrace or be left behind. A revolution in payments is coming and no one wants to be left out.
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I believe Bitcoin will hit $40k next year and the CBOE ETF will be approved soon. This will be the first catalyst for institutional money to pour into Bitcoin.
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First choose a project that is not a scam. There are hundreds of scams now. And then contribute to the forum positively.
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HODLing has been the best strategy if you consider the last 7 years. Nothing has beat HODLing. But with so many scam ICO, if you are getting into them then HODLing may not be the best strategy. Just get into the top coins/tokens and HOLD for 3 to 5 years.
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You only lose when you sell. Unless there has been a catastrophic change in the project or you have realised that the project is a scam, you should not sell low.
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I believe the bear run has ended. Now alts are falling as BTC rises - this always happens close to a bull run. First BTC will go on a bull run and then the alts.
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It's similar to choosing to participate in an ICO except that you look for these points also.
1. Good Bounty payment 2. Few people participating
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It really depends on the project because most of the time you get tokens and they only increase in value if the project is successful. So it's very important to choose a project you believe in and not choose one because you think it's paying high because the tokens usually fall below ICO price for most projects these days.
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I believe crypto will win in the long term although the short term looks bleak. Whenever you feel like quitting remember that Bitcoin and the crypto market has always been in either bull or bear cycles.
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We are still in the early days of crypto. Of course it's still time to invest. Do your due diligence though because there are a lot of scams. The safe bet is to buy something in the top 10 or top 20.
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From the pool it looks like bears are in the majority. Looks like it's time for the bull market to start. Interesting days.
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No one knows but the volume was good too. We just know that a bull run will eventually come. If not today then some day.
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Localbitcoin works perfectly. The rates are also fairly good there. Trusted and proven platform.
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