surprisingly NEO is on fire lately. this is one of the coin that i will put my money on. It currently exceeds the forecast on a weekly basis with almost 3.50 US dollars. NEO is expected to have a sustained growth in the coming months. and with its current forecast of 75 US dollars by the end of the year is really not bad.
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That all depends on your target or should i say desired profit. Yes holding gives more sense as you can take advantage of the convenience and yes to see the value of your investment decrease hurts. but there are points to consider, think you can still rebuy at the point where you invested. if you can rebuy at the same value or lower it is better.
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Litecoin is one of the most promising coins in the market. It is a good investment but a substitute for Bitcoin or Ethereum in that matter. Take note that these currencies can gror far beyond their expectaion. Litecoin currently sits at almost 85 US dollar and forecast shows it might reach the 150 dollar mark by the end of the year.
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Just like any other business there is always a risk. And that us the first thing you have to ask your self when entering the Crypto Market. "am i ready to take this risk" the market is as volatile as ever, there are series of pump and dumps that are expected to happen in the coming weeks.
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forecast for Bitcion shows that it will settle at around twelve to thirteen thousand US dollar by the end of the year. While the current value is higher than the foretasted amount of almost one hundred US dollars. It is difficult to speculate the amount of BTC by the end of the year right now. It will be much more clear as when e reach the quarter four. for the mean time you can trade you alts to BTC while its still low.
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Current forecast for Ripple by the end of the year, show that it will sit a little short to 1.50 US dollars. Though the weekly forecast shows that ripple is going above the expected value by 0.02 US dollars. This will still change as we enter the last season of the year i cant wait for Ripple to moon.
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Agreed! in that matter it just like another currency that has a big potential of growth. We all know what Ripple is made of and what its goals are. Being criticize for what its supposed to, makes it even valuable. Ripple can bring a good profit this year and the following years.
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one of the basic fundamental of trading, You would want to position your self and enter the market at a very low value, so that you can maximize the potential of your investment, In that way you can see all the profit when the market moves to a minimal growth and more when it goes for the bull run, You sell high means you bag profit, you sell low means you loss money.
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The Market is Down again. Red flag on almost all currency across the market. You can only count the coins the are forming a bullish pattern, This might be investors protecting theirs investments. But so far we are bearish on all major coins with five to eleven percent average market dip.
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i've been tracking Ethereum for awhile and observing how it will project this year. However for a quarter now Ethereum is still in a bearish pattern if you look at it hollistically. forecast is still the same, Ethereum still shows that it will not break its All time hihg record and continue the bearish pattern.
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From: https://cryptodaily.co.uk/2018/02/neo-could-surpass-bitcoin-by-the-year-2019/NEO Could Surpass Bitcoin By The Year 2019
By Simon Chester on February 20, 2018 2 Comments / 6648 views NEO is a Chinese technology which marries the concept of the smart economy and cryptocurrency. It’s a cutting-edge player which looks set to become a cornerstone of the Chinese economy in the future – and as China continues to go from strength to strength as a world superpower, this essentially means that NEO will also become a major league global cryptocurrency in its own right with unparalleled real-world potential.
At the time of writing, NEO is currently the seventh-strongest cryptocurrency at $134.28USD. From an investment perspective, it makes perfect sense. This is because with NEO, the buyer also accumulates another crypto; Gas. That’s right – by simply holding NEO, the investor will incrementally receive Gas, which is tied in closely with China’s biggest Crypto. Gas can be spent in much the same way as any other cryptocurrency, and essentially demonstrates the confidence China has in NEO.
Revolutionary
Neo Crypto Logo on Moon With Bright Light
NEO is linked to smart contracts and artificial intelligence powered by the blockchain – any investment essentially funds these revolutionary technologies, which is precisely the reason why developers and investors are turning to NEO:
These emerging technological advancements are more exciting and forward-thinking than Bitcoin, which despite its recognition does not have the same real-world applications as newer currencies like NEO. While Bitcoin has brand-recognition, as the most renowned cryptocurrency it tends to suffer from over-inflation, whereas NEO’s reputation is based completely on what it is capable of being used for.
Bitcoin killer
As the public consciousness adapts to cryptocurrency technologies, NEO could easily become the Bitcoin slayer. Given China’s economic prowess and continuing technological advancement, NEO’s overtaking of the rest of the big five coins is only a matter of time – when it eventually topples Bitcoin remains to be seen, but some experts are predicting that it will become the cryptocurrency of choice for many traders as soon as 2019. Source: https://www.youtube.com/watch?v=NpDLcolqqzcVery interesting topic. To me it is quite objective to a point that it is almost like an advertisement for NEO. A fire starter for people to talk about. Marketing strategy if i may say. We all know the fact that yes China is a powerful country with a big count of people. Which can definitely add to the factor of NOE's reign. But to take out Bitcoin Specifically in 2019 is something big and something i would only believe when it happens. Bitcoin is a well established coin and around the world and it would take more than that to slay this currency.
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I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap"). Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins? Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))
As you can purchase a more coin from investing in other currencies with a lower value, you can feel the profit in every increase it takes in the market. But keep in mind that this does not mean that you cant earn bigger with the major altcoins in the market. BITCOIN and ETHEREUM for example is a well established coin and has a lower chance of being bankrupt. I suggest to analyse the currency that you would like to invest and take precaution as you go. it will also be wise to split your initial investment to maximize your capital.
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i suggest to wait a little longer. Bitcoin will continue with its pump and dump pattern in the next couple of weeks and is expected to increase value as we approach quarter four. best time to invest is when it gets low in September. There are a lot of forecast that we are to face another big dip.
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only time can tell when will the value of a coin rise after ICO. it is difficult to guess when or how long will it take in that matter. a lot blame bounty hunter for the decrease of value after the ICP pay out. as it may have an impact, it should not cause a coin to drop big as only a percentage of the ICo is given to bounty campaigns. It may be investors taking profit an pulling out.
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With this opinion yes definitely! It will be another level for the crypto currency world if that happens. Though with the price of Bitcoin And Ethereum will be difficult to project at that point. and basing it from the current forecast both Bitcoin and Ethereum is still project NOT to break their All Time High.
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It is wise to split you initial investment into 5 ways. With this amount you can still divide it in different altcoins with a decent amount to start with. I would suggested putting 30 percent of it to your most favorite and most credible currency. Then 2 parts with 20 percent value to the next popular and promising coin. The devide the remaining 30 percent into to currency that is currently in low value and cheap.
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As i review feeds and forecasts the market will surely manage to recover by the last quarter of the year after Thanksgiving to be a little more precise. A s we all hoe for most of the coins to break their all time highs sadly the current forecast still didn't show that result specifically with Bitcoin. But this forecast change everyday so kets keep our hopes up.
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It is not a bad idea after all, if you are currently on the high side on your Bitcoin. But heads up both Ethereum and Bitcoin is projected to dip in the coming days. Hence this dip are expected to we worse than what we experienced in June. If it continues you should wait a little longer.
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You can say that yes. Ever since the first quarter a lot of pump and dumped happened. And now just when the market manage to recover we are seeing another bearing formation. Well this is what the forecast said if its true the market will hit lower that it hit in June.
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if you did really dig deeper like back tracking charts and all you should be able to answer your own question. Do not get me wrong man this have been ask all the time and is mostly asked by newbies, If you look closely a few years back Bitcoin stays the number one coin when it comes to value, and based how the market goes it will stay like that for atleast the next five year to be objective and according to forecast too. now I am not saying there is no chance that other altcoin can reach or surpassed bitcoin's current value but it has to be one major event for that to happen.
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