Personally, I think it is better and more profitable to invest in ethereum for long term because it has very good potentials and also a very good technology. It is the most valuable and mot potential altcoin to invest in for long term. It is more potential than litecoin.
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I will say no because the price of altcoins are still red and almost at the bottom but with patience and long term hold and also very good support for the coin,the price will begin to grow and when the bull run starts, the price will rise very high.
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Hello.
do you think it's a good time to invest in Ethereum?
Yes, it is a very good time to invest in ethereum because the price is very low and you can buy as much as you want this period. If you buy and hold for long term, you will make reasonable profit from it when the market recover full from the bear.
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Well, we all have different reasons and decisions on this but personally, I think it is better to stick to you stable job and take crypto as an alternative because crypto is unpredictable and from your stable job, you have a stable income unlike crypto where the price of coin fluctuates and the price even fall.
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No, every crypto coin will not survive the community because some of them are not well developed and do not have good and strong team to support their system. I believe only the strong and potential coin will be able to survive the market no matter the storm because they have good technology and professional team members.
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As long as crypto is concerned and it is still operating, I believe bitcoin will continue to be the king, most dominated and most potential coin. It will improve on it technology to reduce congestion and will continue to grow higher than other crypto.
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For me, I will go with the following as alternative for retiring bitcoin ethereum NEO EOS and any of the following cardano ripple litecoin or waves.
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Personally for me, I think the best and most profitable decision to take now is to hold patiently until the bull run starts because selling now will be at a very big loss especially if you bought when the price was very high.
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Yes, I also agree with you that the correction is a healthy process for bitcoin and the crypto market in general because it will help to take out the underdeveloped projects and clean the system off scam projects a little and after this is done, the bull market starts.
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
To know which coin are good, you should take your time to do a deep research about it. You should check out for the company and their history, patiently read the whitepaper, check the community and team members and the technology. You should also take time to check the roadmap, the manager's history and then you decide if it is a good coin or not.
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They are both potential coin with very good team members and a very good technology and in the next 5years, they will be more potential and ethereum will definitely be a very potential and it will have more popularity and become accepted as means of payment of goods and services.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
There are many potential altcoins and if you do your research, you will find the potential ones. I will suggest you invest in ethereum eos neo cardano ripple and waves
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Yes, the crypto market will definitely recover from the fall because this is not the first time the market will be in this condition and it recovered and price of coin even increased and I am sure as soon as the market recover from the bear, the price of coin will increase.
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Well, July has ended and its almost the middle of August and there is still no positive sign of growth in the crypto market but I am sure before the end of the month, the market would have recovered from the fall and the bull run will start.
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Personally, I do not believe all altcoins will rock this year even considering the present situation of the market. I believe when the bull run starts, the potential ones will rock but not even as much as bitcoin while the weak ones will remain low.
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Personally, I think every country know about crypto but most do not have their own crypto because crypto is still banned and not legalized in some country like mine because it is not yet accepted but I think in coming years, every country will have their own crypto.
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Yes, bitcoin is a very good coin and it is the king/heart of all cryptos as it controls the price of other coin and if the price is high and the market is stable, the price of altcoin will also be high and if otherwise, it also affects altcoin. I think the reason for this is because it is the oldest crypto.
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With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
Although there are many altcoin in crypto and it is sometimes hard to find the good ones but if you take your time to do all the necessary research about the coin, you will know the ones that are potential or not. There are many altcoin that are worth investing in and also have very good potential for hold on either long or short term. Take your time to research on the whitepaper, the website structure, the community, team member and also the technology.
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How is Bitcoin current?
what will happen if bitcoin prices are still unstable. what about the investors ..
how do you think about bitcoin current ??
Though crypto is unpredictable and I believe it will grow to be better and very stable. If bitcoin price become unstable like it is fluctuating now, I believe it also affects altcoin but I am sure by the time the market recover from the bear, the price of bitcoin will also rise and altcoin will also grow.
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For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
From what you said and knowing how well it is good to always diversify and not keep all your eggs in one basket, I will also say that it is better to leave and hold a strong asset because it will become great in future as crypto grows rather than buying a weak one that might likely not be able to survive the crypto market.
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