Ethereum is also a competitor crypto currency to the number 1 coin and it is competing against bitcoin so i guess altcoins are not aiming to surpass ethereum but bitcoin. Even though they've got good technology and features. Bitcoin is the pioneer and no one can beat it's popularity in terms in acceptance as payment.

The price may go down even further down below 6k you should set your auto buy at that price. Cause when the insane correction is done the bullish run may start again then the price will go down to another correction so the decision is up to you if you decide to sell or hold when the bullish run comes.

Yes it's necessary because not most countries know about crypto currency or accept it as payment for goods and services like for instance in third world countries that's why it's necessary for crypto to be converted back to fiat to use it but if maybe if digital currency becomes mainstream globally then it would become a game changer and there's no need for conversion anymore.

So far the huge change in crypto currency is that it is recognize by countries as global payment for commerce and e-commerce even institutional investors had joined the crypto hype and it will get more popular through many years to come and because of this the market capitalization has greatly increased. Crypto's has a bright future ahead.

As now the current price is at $6100 and no signs of recovery maybe this coming holidays like Christmas and new year will become a game changer of the current bearish trend like what happened in the last quarter of 2017 bitcoin always goes to a bullish run if the year is about to end.

Bitcoin surpasses gold in various aspects and it is not controlled by third party, government or bankers. It's a complete decentralized crypto currency that allows you to send money without having to worry being track and it's much more convenient doing large amount of transaction in bitcoin because it's fast and secured.

Getting married and having kids at a young age will definitely make you poor because raising a kid will take so much time and effort especially if you have many children i guess it will take more than a million to give them a comfortable life. That's why it's important to be prepared and plan ahead before getting into such things.

Mainly you need advertisement lots of them you can do this is various ways you can do this by writing a review of the product like blogging, you can do affiliate marketing which bloggers will help you advertise your token or project to their site in exchange for money. You can also do facebook campaign's or signature campaigns and make a youtube channel.

Most common mistake of investors is being to greedy even though they lack knowledge on how the project started, the individuals involved in the campaign. They still invest tons of money because it's hype and other people are buying it expecting immediate gains. Then if they get scammed they blame others.

For me the most important thing in investing into an ICO project or any platform is transparency of the people behind it. If the CEO exist, if there is a good team of devs or not and if there are other physical investment that company has in real estate, gold or has bank assets. If all that information is legit then why hesitate to invest.

If crypto currency manage to replace fiat currency which we know that is unlikely to happen. Crypto would rise and reach an exceeding high price value when it became a main stream currency and it would increase the number of wealthy crypto users. But some problems may arise like scarcity, rules and regulations and taxes.

The ICO hype is slowly fading away because most countries banned ICO projects and also SEC is regulating this kind of crowd funding start ups. And why dont ICO organizers launch the pool themselves sounds like another trick to scam people cause if you buy a token to them there's a chance they might not give it to you.

True the crypto market is very unpredictable no matter how much you've research, how much you analyze the price through technical and fundemental sides. If whales decides to sell all your strategical analysis will be all for naught. Day trading is very risky it takes a very experience trader to make profit in this bearish marker or you will be converted into a holder.

Bitcoin will benefit greatly once it become a main stream currency or be use as payment for e-commerce or local businesses but even if it doesn't it can still benefit the world economy through conversion of fiat to crypto currency. Of course when large amount of crypto is cash out by whales they need to convert to fiat currency in order to use it and spend it.

Indeed people should consider buying bitcoin while they still can because the price is pretty much unpredictable imagine from nothing in 2009 and now it has reached $7000 with it's crazy volatility no one expect that bitcoin would come this far and be used by commerce and e-commerce globally and invested by institutional investors.

This industrial monarchy of bankers will soon come to an end when people find out how great free currency is, bitcoin will become the new modern main stream currency available to be use for merchants, institutional investors and average joe's. It will be the savior from exploit, oppression from banking institutions.

People need to understand that bitcoin is another form of currency it is a tool to send money to someone so it all depends on the users on how they wanna use it. It's entirely up to them and it's not satoshi nakamoto's fault and especially not bitcoin's fault. We the crypto users are the one who will take responsibility.

My advice is you should wait a little bit more for the price to hit it's lowest cause by the looks of it this downtrend isn't over according to price analysis then buy tons of altcoins after. Pick those with good fundementals and still growing in terms of investment, investors and market revenue.

I believe there are exchanges that supports the conversion of bitcoin to USD/USDT i haven't tried if you can withdraw through paypal or bank account but im sure some exchange site has that feature. Lucky for me my country accepts bitcoin and supports withdrawal to our fiat so i dont need unnecessary hassle to convert my btc's.

There is no such thing as perfect crypto currency because all of them are human made so they are bound to have bugs, to be exploited by others such as price manipulation that's why it's very volatile and creating it for ponzi scheme's. Others has flaws such as scalability, scarcity and stagnant payment process that's why it's necessary for humans to correct it.