The longterm investment is ethereum mining because ethereum will overtake bitcoin soon and ethereum would be the best to mine because of billion transactions everyday and I think this is the most profitable to mine today and many years to come.
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The price of bitcoin when I first bought it is when the bitcoin is only 600$ and one of my regret is I don't hold it for one year. Those who buy when the bitcoin hits 20k$ has lost their money in terms of fiat value but in satoshi value it is the same.
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I suggest buy a coin or token that is newly listed on coinmarketcap and choose also a coin that has a potential because there's a big possibility to earn big in a startup coin. By doing a research before buying a coin is a way that can help us to reduce the risk.
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Yes! the cryptocurrency market will recover soon simply because cryptocurrency is began to adopt by the banks, merchants, and etc. This will make soon for bitcoin to pump the price because of it's high demand in our society.
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Yes! I have no doubt that cryptocurrency can make us rich in a easier way but being involved in cryptocurrency is not an overnight success. You need to learn first before investing your money. If you trust the new technology payments today, I would say that you are in the right path in becoming rich.
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The reason why ethereum price falls if the bitcoin falls is because ethereum major market sales is on bitcoin market in some exchanges and that also applies to all altcoin. Because most of altcoin rely on bitcoin market also altough ethereum market today in exchanges is getting highly demand also besides bitcoin market.
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I choose an ICO if it has own blockchain, good concept of coin and the team behind is real if I verified them of linkedin, twitter, and facebook including the advisors. Because the community will definitely like the project if they meet the needs of the investors.
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Although I have no experience in failed initial coin offering but I experience an ICO that the owner dump the coin in the exchange and I am very worried that time because that's my hard earned money that I invested to them and I loose 50% in fiat value.
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Yes! you are right and for me also it is better if we hold altcoin rather than bitcoin because other coin has a big potential than holding bitcoin. If we speak about marketcap of each coin I would choose a low marketcap and has a potential because you can gain more profit on that coin rather than holding a coin that has a big marketcap.
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In my own opinion you should not stop investing in potential ICO because you don't know what will happen when it get listed on some big exchanges. Do not loose hope and research diligently about projects that you will invest.
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I think bounty will not come to an end because there are many ideas that can apply using blockchain technology and as long as there is an idea bounty will not end. On the other hand when people tired of investing in initial coin offerings and there is no available unique ideas or concept maybe your idea could happen.
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These are my favorite exchanges that I am using: poloniex, hitbtc, bittrex, kucoin and binance. Because these exchanges has many traders that's why they have a big volume and they have also a new potential coin and token that could earn more profit.
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Actually my emotion is mixed by being happy and sad because I am also holding my crypto asset since the bitcoin reach it's all time high. The effect on my crypto asset is very huge loss maybe 60% loss in fiat value but in units amount it is the same. I am happy for those who want to buy in low price of bitcoin.
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One of the great method in protecting your altcoin in hackers is by storing it in a hardware wallet like trezor and ledger nano. This is a cold storage that doesn't store in the internet. Because website wallet has a possibility to hack through DDOS attack.
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In order to increase the bounty earnings we should join all the campaigns like reddit campaign, medium campaign, blogging campaign and etc. If you join all the campaign on potential coin or bounty you will definitely earn more than usual.
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The KYC is applied because there's is a law on goverment to give the identity of an investor and this KYC sometimes a barrier for an investor to invest on a particular initial coin offering or any other investment.
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I don't think verge can go higher value as last year, because the marketcap of verge is very high now and because of that it triggers for that coin to pump at it's moon pump. The best to buy now is the new coin that has a potential and has a low marketcap.
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If you are planning to make a coin you must research what is the most needed on a country but not only on one country but you must look also for the needs of the people worldwide.
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I think when you are new on crypto you should invest only a little amount or we should say your extra money only. While you are gaining experience on how to earn on crypto that's the time you add more on your investment.
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The most trusted exchanges now is bittrex, binance, poloniex, hitbtc, cryptopia and kucoin. These exchanges I've been using since I am learning on crypto and these exchanges has a many traders, that's why the volume of that exchanges is big. They have also a new potential coin that could bring us big profit.
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