Yes this is indeed the greatest time to buy lots of bitcoin this is the cheapest price that it can get because the whales are trying to lower the price with the planned consensus. Then resell when the price hits atleast $9000. Im sure there will be a bullish run once again.
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The ETH price depends on BTC price. If the btc falls all altcoin will also fall, when it surge other altcoins will also rise. The reasons why ETH price is still stuck cause the price of btc is still at $7000 and some ETH investors panic and transfer their money into much safer crypto currency that is bitcoin.
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The future if ICO is slowly declining with people reporting they're getting scam with such platforms some government's already planned to put regulations in order to capture guys making crowd funding schemes even Google and facebook are planning on banning advertisement of ICO's.
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It's always advisable when in time of dips the only thing to do is hodl and wait for the right moment to sell your money for a high price to get a better profit. That's if, of course your investment is all in bitcoin but if you have invested to a different altcoin then you should cut your losses.
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This is the cause of whales selling their crypto currency a consensus formed by group of people to dip the price then sell again when the price surge. Some say that this is because of some trading site's bug being exploited and hackers get free bitcoins. Some say that scammers is manipulating the prices through spoofing and producing fake transaction in order for people to buy or sell their coin.
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That depends on how much is that 20% of yours if it's atleast a hundred grand then you decided to invest it to bitcoin then after a few years that investment may double or triple when comes to bitcoin it's always a win-win it might be a long hold but it's worth it unlike other altcoins that disappears after a few years.
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Sometimes good advertisement such as crypto influencers can affect bitcoin's price because some traders watch and follow their advice. That's why crypto news or FUD news are important fundementals of bitcoin price cause you can get reference from it if the price will go down or rise.
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This could actually be a good thing cause scammers will get what they've deserve and not freely doing illegal things like creating fake ICO's, causing FUD and cloud mining sites this is the reason why most people call crypto currency scam. The price fall because of this but it will have a good effect in long term basis.
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Most of them who criticize are fiat investors who are afraid that people who invested first in bitcoin will get the most profit. That's why bankers, gold and fiat investors pays to create some fud news to destroy bitcoin. They're just jealous how a decentralized currency is more profitable than their own centralized one.
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A good strategy is to buy at a low price and invest 80% of your funds to bitcoin and put the rest to either ETH or LTC. It is good to invest money on something that will surely make you profit rather than investing randomly in a unknown altcoin and when it comes to investing it's always a good idea to invest a good amount for a good return.
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Well that depends on what type of services your offering but usually if it's an exchange,trading site there are thousands of complaints from people whose money had been stuck from withdrawal but tech support is not responding. This may not be your case that's why im asking what type of business do you have, so i can answer clearly.
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Never heard facebook announcing to launch their own crypto currency and i dont think they would do it anytime soon because of the revenue their earning from ads. I dont think they have interest in building a coin when they're already profiting to much. For algebrax i heard it's good they only take relevant info about you for the ads.
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Would you rather sell now with a low price because you're to scared with bitcoins volatility or would prefer holding and wait for bitcoin to surge and sell at a higher price ? You know when you first invested in btc that the price is very unstable and it might fall down sometimes but will always recover.
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Yes i think if people know more about bitcoin then it can be a good way to donate because your identity will not be known but i refuse to donate my bitcoins to tax free churches because most of them are gold hording designed to take money from you yet no result of feeding program or helping the poor. They use it to build their own schools with high tuition fees and hospital's. Churches are like businesses right now.
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I dont believe in things like luck although i believe in probability. In trading luck is irrelevant, when trading you need to analyze, speculate the next dip or surge through this fundementals: indicators, candle sticks and news about that coin. So you will not lose money in the end.
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No matter how big or small an investment is there will be always some pros and cons but in terms of small capital you've invested is the small amount you will earn when your investment for example btc. Surges to new all time heights, you wont get the best of it cause of the small amount you've put into it.
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ICO and lending are very risky because most ICO today is just money grabber. People just make new coin and make imaginary founder , projects, not physically invested, no roadmap as for lending it's only good if your rich and the client pays. The best choice is trading and bounty campaign's cause in trading you can control your money and in bounty there are only few scams.
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If your good at trading you should have indicators if the market will fall and if it drops for atleast 1% you should probably cut your loses. Sometimes you can predict a dump from reading crypto news. If you think you've profited from your investment you should have an exit plan or if you think the coin has a chance to surge even higher you can hodl longer. The choice is yours.
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It will take a while for countries to truly embrace digital currency cause they see it as fraud, ponzi scheme and highly volatile which has been said by FUD media and news. That's why most countries fear it because the lack of knowledge. Yes, it is volatile but it's a scam. In my opinion it will take quite some time before countries fully adapt digital currencies especially third worlds.
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In every investment there will be always risk even for fiat investment that's why it is important to analyze and research the type of investment your getting into cause you might lose your money, hopefully that wouldn't happen. Especially when you invest in virtual currencies yes it is profitable but highly volatile, so it's necessary to invest with caution.
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