The main rule on this cryptocurrency is that invest the spare money that you have because investing in new projects is not 100% guaranteed profitable, sometimes it is a fail subject even though it has a good white paper. So to avoid losing all of your money, only invest the spare money that you have so that it will not be a burden to you if you lose money.

Ripple has a lot of potential plus the fact that it is trusted by investors out there. The problem is the price of Ripple is having a hard time to rise up that is why I am on the verge of investing and not investing into it. For me, bitcoin is still the best investment among all other coins. Even though sometimes its price goes really down it is still can recover much more faster than these coins.

Well for me, i really do not like altcoins. In my opinion, you should try to invest in the real thing which is the bitcoin since almost all of the altcoins depends on the price of it plus the fact that it is trusted by so many supporters unlike altcoins that can dump whenever they want. You better invest in bitcoin more since it can recover its price faster than the altcoins out there. You better come and think of it before investing on those altcoin.

I am a fan of blockchain event because it give me more idea on how blockchain really works. I remember that our school conducted a seminar about blockchain. They invited some guest speaker to elaborate the real meaning and importance of blockchain and cryptocurrency. It is good since some school is now open to talk about it unlike before.

Bitcoin can be an option for a payment in every transaction that we are going to do. Bitcoin can increase the speed of transaction since it is now on the digital state. It will make the economy of the country to grow even more since digital currencies provides a faster transaction. The faster transaction, the faster the movement of the economy of a country.

I think the pumped on bitcoins price happened because the whales is manipulating it. Also, the other factor is that the tension between IRAN and USA. I think whales are trying to use that tension so that consumers would not think that they are manipulating it. They are using the tension so that consumers would not have any doubt on why the price is rising up.

I really do not think so. Maybe, the price of bitcoin will rise up after the halving like what happen in 2016. It takes a year first before the price of bitcoin goes up to 20000$. So maybe this year, the halving might take effect and change the price of bitcoin after one year. But we are all hoping that before halving happens, the bitcoin will slowly going up now.

If you are onto trading, you must know how to analyze the price chart properly because trading is all about predicting the price of the coin that you have. If you bought it on its lower price, you should try to predict when to sell it or when the price of that coin gonna rise up because that will really help you to become successful on the trading career.

Actually, bitcoin will gonna have a big impact when the government accepted it as a part of the payment method on their country. It will boost their economic growth for sure since the payment is now digital and instant. We all know that the faster the transaction, the faster the economy of a country will grow. So it will have a huge impact to the country in terms of their economy.

Investing in multiple altcoins is kinda good thing because you are trying to split all of your money in a different investment. Which is a good thing because if the value of the other coins drops, you still have a chance because you have other coins still. If the value of coin dumps, you still have a money because you split your investment to the different coins.

So far, as of 2020, the price of bitcoin is continuously rising up. We all know that it will have an effect also to the price of altcoins out there. So for sure, the value of altcoins will rise up like how bitcoin rise up. So my prediction is, the value of altcoin will rise up this 2020. I am just hoping that it will continuously gonna grow until 2021.

If I do not need the money asap, I will probably put it on the investment like bitcoin or some other coins out there. But if I am going to need it, I am going to split the 1000$ into 60% - 40%. The 40% goes to the investment and the 60% will be the money that I will use for emergency purposes like medicine or any other medical needs.

The value of every other coins now drops because the value of bitcoin also goes down. We all know that the altcoins price is dependent on the price of bitcoin. So, when the price of bitcoin goes down the value of altcoin goes down as well. But we can still invest on those altcoin but you should try to invest on the coins that is on ranking first because those coin is already trusted by the other investors out there.

You can try to invest some of your money to bitcoin also because we all know that even though the price of bitcoin is going up or down, its price is easy to recover as time goes by so I would suggest that invest some of your money into it. Also, you can try the ETH and Ripple because they are the most trusted coins as of now based on the ranking system of the market.

I do not think this thing is going to work because the ability of our cellphone is much more lower than computer. Computer Mining needs an high ends specification of PC. So, it will probably need a high end cellphone also for you to be able to mine. If you force your phone to mine for you, it might be broken because it cannot handle that kind of work load.

The price of the altcoin is much more affordable than the price of bitcoin. But we all know that the price of those altcoin is really dependent to the price of the bitcoin so when the price of bitcoin rises up there is a higher chance that the value of the altcoin will rise also and when the price of bitcoin goes down, value of the altcoins will gonna be affected by the price drop.

For you to be able to avoid it, you should always check the Terms and Agreements of it not just accepting it all the way. There is some instances that the Terms and Agreement is asking if they can collect data while you are using their product. If you don't want that to happen, you better change the product that you are going to use.

All you can do is to ask some of the other people first before investing on a certain coin like what you are currently doing. Gather information about that coin so that you can avoid scams in the near future. You can try to use telegram and join some bitcoin groups and try to throw some question there about your concern. Do not trust anyone so easily just because you are in need of money.

They have a good project but they have wasted it and put their coin in the useless exchange. The effect of this is that the value of the coin that they have put in the exchange become lower and lower as time goes by. Instead of having a bright future it became useless every single day.

If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.