A new exchange will need a lot of time to and a lot of advertising to get people who will use it. But maybe is ok if new exchange comes and offer lower trading fees and if is a secured one and with a good team then can be launched.
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I buy ETN, i still hold some XLR, i have also DGB, and some LTC, i think one of these coins can grow, but i'm not sure will grow enough this year if the bitcoin price will not grow high, because mainly altcoins are tied up to bitcoin.
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As long as people will use it, it will no be worthless, it has a great technology and blockchain technology can be use on many domains, but bitcoin always will be bitcoin, so in my opinion bitcoin is like gold, limited supply and always will have value.
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Because bitcoin is more easy to use and can't be lost so easy as fiat money, but to be used in all shops, to pay taxes with we need that governments accept it and encourage people to use it but i don't know how soon this will happen.
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This grow was maybe made but some whales or just a group of people who invest money on and want to get more coins and after sell again more coins to get at least 50% profit if they have enough money again to launch on markets.
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At that time maybe the most people sell their altcoins for bitcoin and after cashout money, but as someone said buy on red and sell on green always, and if is possible and bitcoin grow to 7000$ who want can sell 20% and after if grow again to 10000$ sell again 20% and if grow again sell again 20% but if goes down wait.
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Maybe will happen to hit 2000$ but this can be only if bitcoin will reach a new ATH on a bull run, if bitcoin will not grow then i think is a bit hard for BCH to hit 2000$ until the end of year and if investors will not come and buy BCH then will be impossible to value so much.
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I also waiting for Ethereum to go to PoS so i can get coins without need to mine, because even if i mine i will be in a loss after paid electricity, and i also not put the cost of mining equipment.
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If the altcoin you send can be sent with 0 fee then is possible to send without fee coins like Nano, and other coins that works sending with 0 fee and they don't need miners to get confirmation.
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These days is up and down and again up, but maybe most of people sell their altcoins to bitcoin and this caused the price drop for altcoins, we need more time to see a bull run, but maybe this month bitcoin will hit 7000$.
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First time i search a way to make some money with smartphone and i found a coin called mangocoinz, and i use my smartphone to get it and i could sell that coin for PayPal money, and after a time MCZ to PayPal not working anymore so i exchanged the coins to bitcoin on an exchange site and after i load bitcoin to neteller.
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I also not get so much profit in 2018, i only have good profit for first three months of the year when i sell Nano and at they time they still have a good value, i joined also some projects but i didn't get so much money from and i have joined a bounty for more then four months and still didn't get paid for.
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The growth of bitcoin is very good for now, but maybe some altcoins are still not in bull run, and maybe is better to wait more then to jump and buy more and more altcoins, better wait then hurry and invest all on first altcoin we see the price grow.
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Invest now in bitcoin is still a good option until the price is still low, and hold the coins for long time or until a new bull run, maybe later in medium time the price will be 10,000$ and some who buy under can make a profit.
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I also use Binance, and Kucoin. I never had any problems with them, and always support was good and very fast responsive. But what happen to you when you used coinbase? You lose account or what happen, you lost coins there?
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The banks will not want to dissappear and also governments want banks because some of people want to take credit from banks and also these people who are country leadership can take a lot of money from banks, so even if crypto will be more used banks will still not dissappear because there are a lot on interest.
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I think you can choose top 50 coins to invest, and if possible invest more on bitcoin because is possible that most of the time bitcoin price grow first and only after some time also altcoins price.
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I think now is still good time to buy some altcoins and hold until bull run, but can also be a good time to buy bitcoin and hold until mak profit or hold until new ATH.
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If bitcoin price goes up and all altcoins keep their price for bitcoin then all altcoins will go up, is good that bitcoin grow even if not so much i think is possible to reach 7000 $ until the end of this month if people will not panic and sell or sell for a fast profit, now is a good time to accumulate.
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Really don't know, maybe Cardano is ok in long time, but is possible also that the price for Tezos grow, if you have enough invest on both some money and wait and see and set up a goal when you want to sell.
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