Bitcoin rises then the ethereum will also rise and vice versa, so I think ethereum will not be able to rival or exceed the bitcoin. Overall every person has their own opinion or views, some will prefer eth and some will still be a die hard fan of bitcoin.
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It's better if you sell assets that don't have good prospects, while there is still a price because I think recovery takes a long time. The most important is to immediately prepare a strategy or plan to deal with the situation getting worse. Market is unstable in last months so most of people losing own money. The only thing which we can do is waiting for better time.
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You asked too general a question. You can not definitely answer it Yes or No. If the response is deployed, then it will be a long post with examples. In short, everything depends on the coin. Often the price falls after the coin enters the market, but not always. At this time, basically buy, if the project is good. Buying new listed ICO can get you insane amount of money or make you lose your money. You are taking a risk, but if the risk pays off you will never ever have to work again.
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I won't say it is not possible but it will be a difficult thing to see, can people afford to sell their Bitcoin at that low price. I think for now what we are seen are the invisible hands trying to manipulate the market, it is real becoming increasingly difficult waking up and seeing a double digit dump in prices.Bitcoin is indeed going a correction but it has tough support to stop letting it dip further.
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YES, I totally agree with you. When BTC reach 20k$, ETH can reach 1500$ too. Many coin rely on ETH system. ETH still the leading coin of crypto currency in near future. It's main value of it. Now it is clear that the market is shaky and not stable, but this is all temporary. I think it can reach 1500 dollars by the end of this year .
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I will keep a long-term investment in the coins I hold, and will not receive the short-term impact of market becoming red or green. Bitcoin market is usually not predictable, and short-term transactions are prone to risks. each market must experience an increase and decrease in price ,will not survive in green forever of course we must take advantage of opportunities that exist.
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Everybody hopes, but nobody really knows when the market will go up. Crypto is still an absolutely unpredictable area. Bitcoin will be the key to altcoin movement.
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Yes, we know that some icos are scam but there are still some good ones that doesn't disappoint. If you say 90% of icos are scam, then, I think people won't bother investing in them again, to avoid falling victim of scam I think care should be taken and patience also to do a proper research of the project before investing in it.Only knowledge and experience will help to choose the right projects, in the beginning I also got on 2 scam projects. But it even more pushed me to get knowledge about how to choose the right project. So don't be so categorical. I recently attended:Mandala,Sparkster,DxChain,QuarkChain
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Of course that has a beginning will end, but there must be a cause that started it. If it's related to technology, I think it will only end if there is another technology that is more efficient. And now crypto is still in its very early stages to become a globally used system, so I think this condition does not reflect the philosophy of cryptocurrency, and will certainly recover soon. This industry gained traction because it has real legs to stand on and real world usage, It's not going anywhere, take some patience.
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I'm sure that every investor has suffered in recent months. But this is not an excuse for selling coins and fixing losses. As for me, we need to wait for growth. There is no sense in selling altcoins that have fallen in price by 30-90 percent. Although thats a huge loss but I'm a hodler and don't care about the prices much as I believe the in the projects of the coins I invested in.
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I don't think this is possible to happen. There are so many tokens with huge ideas and use cases and more tokens are emerging daily. Personally I think reducing all this efforts to zero is not possible. But there is a possibility that some projects might fail. I think it is going to be the truth, all of crypto just logically can't succeed. It's hard to predict now which coins will stay on the market and which will turn to zero, but there are coins in which stable success we can be sure, it's Bitcoin and Etherum.
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Invest into a low-risk top 20 coin such as Ethereum, Neo, Stellar, Litecoin.Once you make some profit and have some understanding of how the market works, Diversify into high-risk and low-risk coins. Buy and hold. Longterm. 5+ years.
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It is very difficult to prescribe the price of a coin in a few years. But I hope that the market will grow and the price of ETH will reach 4000-5000 dollars. We have a lot of time until then and a long way to go. Many things can go wrong, but if the popularity of crypto is raising we will see that price for sure.
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You need to have a good endurance to withstand such a strong drawdown. Over the past 5 months, my investment has only decreased in price and is already running out of patience... But still I believe that everything will be fine and my assets will grow again! I believe that it is important that we'll all have to be patience with our hodling though we all have our own choices. Cryptocurrency is just volatile so we could just relax during the red market and wait for it to recover again.
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This would be the worst time to sell. Nobody knows what will happen in few weeks. The prices could be lower, but it could be higher and you will be double-fked. If you don't need the money for live expenses, just wait.
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I think diversification in the key. Just like any other investment. Obviously, alts are more riskier than bitcoin but the risk factor will be different for every altcoins. Generally, the topmost altcoins can be considered less risky so majority of portfolio should be in bitcoin and top altcoins.
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Absolutely, I believe this is the right time to start buy Bitcoin again. Just take a look at the price, it's crashing and one should see it as a great time to buy and keep so that when the market begins to recover, you will make a great profit out of it. Just be patient and bear with it at the moment, then sell it when it becomes really high. Analyze wisely and avoid making decsions in a hurry and half-heartedly.
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There is always time to invest on altcoins, now too. Bitcoin probably will have value more than 12$K at the end of the year The market for sure will grow and some day bitcoin will reach this number. But the point is that nobody can for sure forecast it, as the market and its laws is very new, nobody can model its fluctuations.
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It doesn't really make sense that the market will be in the red across the whole year. need to some major changes are required in terms of regulations. It should be good to the market. Last year was the best year in many ways and crypto is now the biggest it's ever been in terms of global exposure. So dont expect that this year will be just red. Just hold and soon it will be green everything.
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I believe also in the technlogy of ETH but for me its better to invest at eleast 50% of your funds to make sure that you are still safe and invest the other half in other good coins like bitcoin,NEO. But if you want to buy ETH right now, it's still fine cause ETH has good potential in the future and it'll rise back to thousands $ soon.
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