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5 years ago the world HODL is very profitable but in our current market situation I doubt it. Maybe yes if the altcoins you're holding has a potential and strong developer team or maybe no because there are lot of ICO now that full of promises that can even fulfill their road map. Better review each cryptocurrency you want to hodl than losing your money mate.
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Ripple is doing great these past few days but when you are going to ask me if ripple will be the next bitcoin then I doubt it. Think of it ripple is have a big max supply if he become the next btc then our coinmarket cap should reach at trillion first or even bigger because of its supply. I'm not against ripple buy believing it will reach 10$ seems impossible.
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4 Ether are not enough to get richer as what you think. I' m sure ethereum will go to its all time high but not this time. we have to be patient because ethereum is now developing new features and advantages regarding ICOs.
I think it will be done by 2020 even its valik want to give up in it. Trust me, ethereum itself will defeat its all time high value.
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Most of the ICOs are scam and it increase rapidly. So if you want your token from bounty to have a good market always check the background and potential of the project before spending time and effort in it by joining the campaign. But we still don't have an assurance if we can sell our token even that project is successful. There many reasons why.
Be wise and always review when choosing a project to join.
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I work full time in crypto and I love it. Regarding my monthly income, I can't say if that it is good or really worst because you can't predict the market situation. To be honest sometimes I got zero for the whole month but Is till working on it and never giving up because I believed the future and potential of cryptocurrency.
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I believed whitepaper is one of the most important documents when running the ICO. Even how good and well details the whitepaper if it can't fulfill in the right time then it is useless. Look at most of the ICO now there are full of promises, they have expert team members and they are also verified members but they struggle too much because the content of their whitepaper are really hard to adopt in the real world. in our current situation it is realy hard to determined potential ICO. They can even use ICO as a legal way scam.
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In my own point of view, the nature of cryptocurrency will always rise and fall. The important question here is when you but it and in what price? Because I believed that if you chose a good coin that has a potential it will never stay down. So before your going to invest make a good review in it so that even it falls you know to your self that it will rise again. Remember rise and fall is a nature of cryptocurrency, be wise.
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I just heard plenty of good news for the bull market and all of them say it will start on December 2nd week because of bakkt launch.
I'm not really sure what is Bkkt but many believed if Bakkt will enter in a cryptocurrency market then expect bullish situation. Bkkt is one of the positive will happen but there are many more and it will surprise us.
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It really depends in your strategy. If you buy and hold I think it's not a good idea during bearish market. Base in my own experiences bearish market is good in scalping trading but you have to choose the right altcoins.
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For me it's a yes, because I saw lot of altcoins pumping now with good volumes. I also heard and read positive news about bitcoin at end of the year. Actually compare the market situation 2 years ago we still lucky in our current situation. What we are expecting now is to reach the all time high of the market which is impossible now.
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I always think about this, that government should use blockchain for many purposes to prevent corruption. I think they should start it by using blockchain in elections because they can't duplicate every entry and blockchain can give a fastest result. This is impossible to happen because government love corruptions but not all countries, there are countries that hate corruption too.
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