The cryptocurrency market is really slow to improve, especially in altcoin because an altcoin is still under and this condition is the right time to make long-term investments.
So far, crypto is almost at the bottom, but I think that starting in spring 2020, crypto should start to recover and improve. |
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I think if you don't know what to invest in, you have to buy Bitcoin and ether, these are the two safest and most promising coins.
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No matter how much ETH costs, it will always be considered a very promising crypto coin for the next couple of years, the most important thing is to invest in ETH and sell it on time.
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Many said in 2017 that Bitcoin would cost $100k in 2020, but it seems to me that Bitcoin can only grow to $100k in decades.
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It seems to me that Litecoin can only rise to a maximum of $500, then that its last maximum is about $350.
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I don't mind investing in alts, but personally I prefer to invest only in top alts, now you shouldn't invest in small alts, because it's very likely to lose money.
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Alts will certainly go crazy when Bitcoin reaches $20,000, but the complexity of the situation is different, now and in the future it will be difficult for Bitcoin to grow to $20,000.
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Hopefully Ether will cost as much as possible in 2020, but if you look at the position of ETH, I'm guessing it will grow to about $500.
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Recently a few whales have moved over $ 25 million ETH to several exchanges, I suspect that with this news the ETH price will probably fall below $ 100 if they sell it. Or in the worse case the ETH price could go below $ 70 as expected, everything can happen in this market if the whales want it.
But I think that the whales won't do it, because mainly the ETH price will depend on the BTC price, and in general now the market is almost at the bottom. |
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If I have 1 BTC, I will not buy any other coin, I will just keep 1 BTC for the long term, because Bitcoin is one of the most lucrative coins
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This is very interesting, I also think that alt season is just a hoax to keep altcoin safe from the investment market. But also I still believe that alt season should happen because altcoin really needs it before it gets too deep
I think that the season of alts may not come until 2021, because by that time alts simply will not have time to recover from the correction, which is currently happening. |
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The price of $70 for Ethereum will only be possible if the upcoming fork is one more time postponed for several months, or simply fails. If the fork succeeds, the Ethereum price should go up next year.
I don't think everything will depend on the launch of the fork, I think everything will depend on the price of Bitcoin, if it falls below $ 5k, then perhaps ETH will fall to $ 70. |
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Hopefully the next bull run will be next year, but I'm not sure if it will be next year, most likely the next bull run will take place in 2021-2022.
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I guess 2020 will be the same year for crypto as this year, maybe Bitcoin will grow, but alts will definitely be on the bear market.
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Right now ETH is definitely not going to have a fast bull run, there are only 2 options for ETH to grow fast - is it a strong Bitcoin growth or an ETH 2.0 update.
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If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents
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If I were to sell Bitcoin now, I'd leave 20% in the Fiat, and divide the remaining 80% into equal parts and invest in promising alts.
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Altcoin season will happen but if this situation waits for bitcoin to reach the highest price in history I think it takes time, hoping altcoin season happens without having to wait for bitcoin to rise.
Hardly alts will grow by themselves, alts are very dependent on Bitcoin, so, alts season will not be without Bitcoin growth. |
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It is not yet known when hardfork will come, maybe it will come at all in 2022, but I think we should expect from ETH the price of $1000, as this coin is very promising and very important for crypto.
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Of course not, I think the bottom will come when the price of Bitcoin goes down to $5,000 and ETH is about $100, that's when the bottom will be there.
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