Parents should only guide the child, and the choice should be made independently. I think that young people are smarter than us and know how to adapt to the current realities, and in our days, cryptocurrencies have perfectly established themselves and proved that this is a revolution in the world of money. Among young people I think not enough young Vitalik Buterin, that can make our future better and change the world.
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Waves is a really interesting project that shows has good prospects, but before bitcoin it is as before the moon. Bitcoin is the father of all crypto-currencies and he is here for a long time, for 10 years no one could even approach him in popularity and capitalization. I believe Bitcoin will remain king for years to come.
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In my opinion, it is best to invest in the time-tested altcoins, whose team has proved that the project has serious goals and is promising. Now there are many sites and services that allow you to track the activity of developers, such projects are safe for investment, because their price depends on the mood of the market and when bullrun starts, their price will go to the moon.
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I think that the young people who are growing up now are able to understand cryptocurrencies and new technologies. Most likely, the younger generation will teach students and train new specialists in the field of blockchain in the future.
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Cryptocurrencies will certainly change the world, but I believe they will not be able to make banks disappear. I think banks will cooperate with such blockchain projects as ripple, or develop their own blockchain, the world will change, but not in such a cardinal way.
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My friend told me about bitcoin, he once told me: "I Wish I had at least one bitcoin." Then I became interested in what it is, but I did not have enough money and I was afraid to invest. But I bought a cheap XRP and my joy was not the end, when after a couple of weeks, the money invested doubled.
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It all depends on the trading volume of each coin. Volatility depends on the supply and demand from users and investors, in addition, the rate is affected by the information field, forks, the emergence of new cryptocurrencies.
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In fact, just because it's convenient for you doesn't mean others want it. In my opinion, the best solution is telegram passport, your data is stored safely and you only need to download it once to use it in the future to pass the KYC.
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I never understood people's indignation that I didn't pay them the project. You understand perfectly well when you come to this market that there is no regulation, you voluntarily spend your time, and then complain. Instead, diversify your efforts, participate in as many projects as possible and everything will be fine.
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What makes you think that? Are there prerequisites for the collapse of cryptocurrencies? Yes, the market has not seen capitalization growth for a long time, but it continues to develop and new projects appear, improvements are introduced, the speed of transactions increases, their cost decreases. For large investors, tools for working with cryptocurrency and tracking statistics are offered. I am sure that the market will have a great future.
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Every country have their own ways of cashing out of crypto currencies. In my opinion, the universal way is online exchangers or bots in telegram. Also exchanges are gradually introducing trading pairs with USD or EURO. If you do not want to withdraw money to the card, you can use payeer or qiwi account.
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Of course, this must be done in order for as many people as possible to learn about the cryptocurrency and its benefits. The sooner people understand the advantages of cryptocurrency over money, the faster the future will come, in which there are no banks, and the States recede into the background, it will be a new world that belongs to us.
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I am of the opinion that the reversal will take place not earlier than in late 2019 - early 2020. I think the bitcoin price will continue to be in the range between $6k-$7k. Otherwise, there must be some unexpected and very positive news for the market to grow again.
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I think that you should always have a plan when investing in cryptocurrencies, but if it happened that you bought coins and their price decreased, then be patient and wait for the market to recover. The most important thing to remember is that until you have sold your coins, you have not lost anything, as the market is young, the volatility of the cryptocurrency is still high.
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Today, I think that cryptocurrencies are developing slowly enough to compete with the current economic system. Rather, earlier there will be the introduction of blockchain technologies in individual enterprises and large companies. Crypto-currencies, in my opinion, will Mature for real introduction into the economy and replacement of current systems not earlier than in 20-30 years.
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I believe that Ethereum is certainly the leader among the platforms for ICO, but at the same time It is too overrated and other platforms are undeservedly deprived of attention. Competitors in the face, for example, EOS or Tron are not asleep and will be a serious competition in the future.
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I believe that money should always work, which means that I plan to invest the profits in other promising coins. Of course, there is a risk of losing money, but it is impossible to exist without risk in investments. Only our own experience allows us to develop and draw appropriate conclusions.
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My biggest mistake was selling XRP. As a newbie in a new field I was looking for a coin to buy and bought XRP. The price of the coin was then less than 10 cents, I bought the coins for somewhere around $100. To begin with, it was a little, but when the price increased by about 4 times, I sold everything and was satisfied. What a disappointment I was waiting for, when in January the price exceeded $3. But it was an instructive experience.
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