In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success  What are you talking about ? Business has loss and profit regardless of which currency you use in business. You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies. If you want to compare, you can compare it with fiat currency. Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Crypto exchanges have been hacked constantly, and many of them have to close. Trading cryptocurrency on the exchange, like trading on the stock exchange, is associated with certain risks. Most strategies are based on statistics, that is, on the dynamics of an asset, an analysis of its current situation, and so on. In fact, trade is the transformation of risks into profits, that is, the higher the probability of a positive outcome of the transaction, the less income will be. |
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The season of bull run for altcoins really may not happen soonest as we expect. I actually missed the opportunity of participating in the bull run of 2017 too because then, I have not even known anything about crypto.I started crypto in early 2018, Since I started , I have not been able to realize tangible profit from most of my crypto investment. All the same, I still believe that things will get better in crypto even much more than 2017 but it may not be so soon as expected. We need to keep our focus strong and be consistent in our crypto investment because we shall surely swim in the river of bull run again some day. Let us not give up we shall soon get there.
All the expectations of the altcoin season right now were connected with the fact that bitcoin has grown, which means that it is time for the remaining coins in the market to go up as well. Now it is too early to repeat such a market movement, and this time is a kind of period of natural selection for cryptocurrencies. I suppose, only 15-20% of the tokens (in the best variant) will survive. |
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due to the reduce numbers of having ICO project the demand of eth are just minimize right now which ICO is running on ETH network. Right now we are in IEO phase which most market use BTC or USDT but dont worry eth will bounce back then BTC is starting to have a bull run
It's not time for ETH anymore this year, but overall the market really looks bad, so even other coins have not recovered yet the way it was expected to. BNB is the king now because of the increase of IEO and they are the most exchange when it comes to IEO. This could be similar to ETH's time in the past but IEO is more stable as there's less scam in this platform compared to ICO. So let's just hope ETH could come up with a more exciting news to again attract investors put their money on the coin. When bitcoin coins starts to recover the rest will just follow and we need ETH, XRP the big ones to start rising. Yes, right you are. However, the "season" of Ethereum might be started close to December 2019, when everybody will start getting ready to Ethereum 2.0. Now, there is no reason for this cryptocurrency to fall or to go up. Simply hold this crypto and wait for 2020 - I am sure that all the holders will win and get the best awards for their patience. Concentrate on other alts now to trade. |
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from most of the answers, many people invest in bitcoin, and only a fraction of the capital for altcoin. from this we can conclude that bitcoin dominance is very strong, no wonder if bitcoin moves itself up yesterday. but indeed choosing altcoin in the order above will be safer and have a future, with a large market capitalization can foster investor confidence
It's still best to have solid projects inside your portfolio. The chance of seeing a good bounce both from short and long term investment can be done and executed with the results that you'll be able to get profits that you desire. Taking chances with strong projects can be less risky as the market movement is not that much compared to unknown coins who are just relying with pumped and dumped situation. Bitcoin dominance is always at top, and no matter how much the market fluctuates, it always best to keep the bigger portions of your invested money. The portfolio should be diverse, but there are several cryptocurrencies, which each guy dealing with crypto must have there. First, this is Bitcoin. Secondly, it is Ethereum, which has been actively working on the final launch of its Ethereum 2.0 project. EOS, as I guess is also worth to be added here as, despite the "hype" nature of the token, it has all the chances to stay in the first top-5 "team" for long. |
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I think you need best should do follow coinmarketcap top list number of altcoins then i hope you will take more good volume altcoins which your investment good. Since start you need follow altcoins price volume development exchange some think of in carefully project, you need cool moment research when you take a altcoins and investment preparation.
Many people will start writing here about Ethereum, and they will be right. Nevertheless, there are tokens, which are worth our attention also, but you need to hold them - NEO, Dash, Zcash. Until BTC goes up greatly, the market will not receive an impulse of sufficient strength so that money begins to go into altcoins. Until the dominance of BTC will be close to 70%, alts will be down. |
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as long as the altcoin you choose is altcoin which is in the top marketcap position, I don't need to worry anymore, but I also suggest that you also choose ethereum as one of your investments.
Choosing Ether now, you need to wait at least for spring 2020. It will be natural to suppose that ETH will grow close to its revolutionary Ethereum 2.0 start. There are other altcoins, which are worth our attention, and you can work with them now, holding the cryptocurrency #2. First of all, pay attention to Zcash - it resembles Bitcoin and it has a great privacy and anonymity. |
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If you feel that day trade can give profit everyday, you can able to implement anytime you want.
Because for me Bitcoin was only good for long term only then for day trading altcoins was the best
tools on this method for us to ear more in trading.
Day traders usually use at least 5-7 pairs, and Bitcoin is not always the best choice for this business. Everything depends on the chosen strategy. The first step to do here is to create a portfolio, filling it with the "right" tokens that can be good pairs potentially. Further, the exchanges should be chosen (and not one as some guys offer here). Pick at least 3 exchanges to deal with. |
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Where does the volatility end? Will it stop at some point were Bitcoin i already the currency of world? If maybe that happens then how would the future people take responsible actions with it's volatility right? Well but maybe most of the people that bought Bitcoin i because it is volatile. Again the idea of blockchain is great but how about Bitcoin?
Most of the people that owns any crypto hopes for the huge increase in the price, in the same time same people wish volatility to stop. It`s impossible to wish for both to happen. Volatility is here to stay, and as long as people trade like crazy there will be volatility. If bitcoin becomes the currency of the world maybe volatility will end, but when we can expect that to happen, in 10 years or maybe 20 or 30... will it happen at all, or its just a dream of us bitcoin holders. The author of the Altcoin Daily cryptocurrency channel built a unique theory. It is based on the fact that if Bitcoin continues to grow at the same pace, then over the next 5 or 10 years, it can equal capitalization with gold, which is more than $ 7 trillion. And after 50 years, the capitalization of Bitcoin can grow to the size of all the money in the world and then it will cost 4 or 5 times more than a million dollars. |
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Many are believing that Bitcoin will rise in the next few years but to be honest, there will always be a small chance that Bitcoin and the whole market will crash one day.
Well, I don't blame you if you believe in Bitcoin because many are believing on it to including me but one advice that I can gave is be ready for the worst situation that can happen anytime.
The dollar can also crush one day, as well as the other stuff - nothing lasts forever. I guess BTC will be always the best crypto. However, you should carefully look at c Ethereum and BNB Coin. The rate here is quite simple, a serious upgrade is planned for the ETH. As for BNB Coin, it can turn around at any moment; the main thing is that the Binance exchange finds a suitable excuse. |
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No bitcoin cash have nothing in relation to bitcoin their both have they separate team and bitcoin is the original version of it self any other addiction is an altcoin.
Bitcoin Cash cannot grow well for a long time already. Because of this, this cryptocurrency is mocked at in the crypto community. Its second unofficial name is Bitcoin CrASH. Despite this, investors believe in this asset and it is very popular due to its high volatility and the ability to make money on it. besides, Bitcoin Cash is not going to give its 3rd place to any other crypto yet. |
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Certainly the loan market will pose several new problems, above all with regards to the guarantees, the competences and the reimbursement systems. But in the end it's always about money, and it won't take long to find a practical solution to the new problems.
This market will work always. Very often, the interest rate on loans in cryptocurrency reaches even 20 or 25% in a year. That is why such loans are beneficial to take for the short term only. Additionally, despite such a high rate, many users, having been refused by the bank, agree to such conditions, as this is the only way and the only opportunity to get a loan for purchases, business or other purposes. |
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It does not seem like it, even though prices are falling, but for those who can take advantage of opportunities, they are actually enjoying the benefits and divert to other investments. on the other hand there are also those who are waiting to buy at lower prices. so even though prices are falling I don't think everyone suffers, so learning about trading is very important
We will earn on Bitcoin. Actually, in 10-15 years, BTC will become the basis of a new financial system. Those guys who are still hesitating about joining the Bitcoin community are perhaps missing the chance for a better life. However, we all understand that this cryptocurrency is very volatile. Therefore, you need to be very patient when dealing with it and bear its great falls when they happen. |
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What we should be looking at is the fate of surviving alts by next year. Many projects keep testing new lows on a weekly basis their real survival value will be know by next year.
The previous altcoin season was triggered by the Bitcoin To-the-Moon. New people came to the market, some really believed in altcoins, others just decided to catch luck and earn no more speculation at a price. But now, it is too early to repeat such a market movement, and this time is a kind of period of natural selection for altcoins. I guess, Ethereum 2.0 and BTC halving can decide the fate of many tokens. |
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Without any announcement or any official news related to it, I will not expect anything from both countries.
I have always believe that whatever decision China make can not affect Bitcoin and still have that notion.
Without either China or Hong Kong, Bitcoin will always be popular.
The history of Bitcoin should tell us that a country rejection or acceptance of it, (especially that if China) will not affect it.
Chinese people know what to do. Previously, it was supposed that China bans cryptocurrency trading in order to do its own, as it has already done with Google. But the point is completely different, the crypto developed by the Central Bank of the country will not become a competitor to Bitcoin, but will replace the national currency. I am not sure it will affect Bitcoin popularity. |
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Don't buy altcoins. Buy bitcoin because it is the most reliable way to earn money with minimal risk. Some altcoins can bring good profit, although I agree that Bitcoin is the number one choice. As a study of expert analysts show, only 35% of altcoins that are shown in CMC can bring investors profits in the future. I would bet on Etrhereum with its Ethereum 2.0 revolutionary breakthrough, and I would also invest in Binance Coin as the token, which is supposed to grow due to the popularity of Binance exchange. |
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Very difficult to explain because you can see for yourself that Ethereum still sees the price chart on Bitcoin. If Bitcoin falls then Ethereum will follow the chart. But I cannot be certain what will happen in the future.
I do not know if Ethereum 2.0 can bring such a revolutionary breakthrough but even, in this case, ETH will not replace Bitcoin. Only Bitcoin has the right to be called a real decentralized repository of value. In addition, only the first cryptocurrency has passed the long way from a narrow circle of people to the currency that is recognized around the world. Other projects simply entered this market and immediately received a certain price in dollars, taking advantage of the speculative mood of it. |
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I do not know the future of BTC like. The only thing that made me trust and invest in BTC for its convenience, I easily send money to my relatives anywhere in the world without having to go to the bank. That is the reason why I invest in BTC
Bitcoin will grow, and your parents can get more if they hold BTC you send them. The well-known market analyst Peter Brandt, who had previously predicted a Bitcoin price drop by more than 80% after reaching the cryptocurrency maximum in December 2017, ois positive about its future now. In his opinion, the current position of the cryptocurrency can lead it to the level of $ 100 thousand. |
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One of the moments that had a great influence on Bitcoin dominance was its growth after the deepest fall of 2018. people simply understood that even the best tokens cannot ever compete with BTC. Now, the first cryptocurrency dominance is about 70% of the entire cryptocurrency market capitalization. However, in the future, it will begin to decline. Ultimately, BTC dominance will return to the range of 50-60%. |
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My family has been supportive about it. They do encourage me to invest more on altcoin. Cryptocurrency has been a safe heaven for me, and am paying my family bills with it
At first my family told me that most of what Im doing is a scam and I should stop doing it since they've heard it on news, also some people are also talking about it being a scam and I might go to jail because of it. Its been years since that and I am still here, right now they don't really hate crypto, they just trusted me that much and told me I know what I am doing. At first people doubt about crypto, including your own family. Even many users are told to leave bitcoin because their families think that crypto will only hurt them. it depends on how good you convince your family that crypto is not as bad as they think and give proof of what you have got, that's what I did to my family and my family is very supportive of what I do in crypto. It was exactly my family, who convinced me that I should not stop dealing with Bitcoin. They believe in a good scenario when humanity will gradually come to the use of Bitcoin and refuse national currencies, as well as the functions of the states themselves. Such a peaceful transition to the new economy is possible, but it may take 30, 50, or even more years. Our kids might see it. |
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After Bitcoin, LiteCoin & ETHEREUM made my shortlist for an investment option.
ETHEREUM - My Main concern is Supply is a little bit high & Price is already over $150 which is -1 point against LiteCoin.
LiteCoin - supply is less than 64M & price well under $70.
Which one you would choose for long term invest & Why?
In my opinion, Ethereum is much better from all points of view. Hope, after Ethereun 2.0, it will get more popularity, the demand for this alt will grow, and its price can go up. In technical terms, the Litecoin cryptocurrency is inferior to ETH, which uses more advanced technologies that positively affect scalability and security. I suppose ETH is the crypto wil the best future although it is not young. |
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