Honestly, it rose to begin with because of speculation on real-world adoption and use. It will only rise again with similar speculation. Right now, it looks like crypto needs to work hard and make real progress before there's anything to speculate on. however, I think we'll start to come good by the middle of the 2020. Trading and transaction volume is low at the moment, and the price seems to be range bound, which is probably a good sign because it shows the selling is pretty much exhausted.

Litecoin is a copy and paste of Bitcoin with a couple variables changed, and don't expect too much for a bitcoin testnet. It doesn’t do anything unique to separate itself from the thousands of other crypto, this is why it has to spend money on advertising rather than development. It’s not the fastest, it’s not the cheapest, it doesn’t scale, it has the exact same problems as BTC. Overall there is nothing protecting it from being replaced.

I think Litecoin needs to once and for all die off because it serves absolutely no purpose. this is coming from someone that supported it for a while, but not anymore. furthermore the whales hugely inflate it's market, so until it breaks $200-$300 again I would be hesitant to buy or HODL. maybe you lose a few dollars but way better than buying or HODLing now. i am still very pessimistic long-term. be careful of sudden changes in trends by a few people with a lot of chips like the late one, Charlie Lee.

I think short term investing is just gambling with more steps but huge profits. it is not much different than going to a casino and betting money. so If you enjoy trading, swing trading, holding for a few days and getting more risk it can be very profitable, but it takes a lot of work and commitment.

Buying for the long term is much easier, and less likely to cause you to do stupid things in a panic. but it still requires you to understand the Crypto and it's prospects. I plan on holding at least 2-5 years and seeing where I'm at from there. If I've reached my goal by then, I will withdraw 50% and leave the remaining in there.

I think, how much money one should invest in bitcoin or crypto should be correlated with how much knowledge one has about about the technology and a understanding of the volatility of this new asset class. to the average guy, it would seem extremely risky to invest and yes that is true when looking at from a short term perspective. However, in my opinion it's not as risky as most believe, especially if you have a long term mindset and you do not plan on selling for the next 5-10 years.

Technical analysis works within certain boundaries for certain applications but only in a market that is liquid enough for big traders to not be able to manipulate it. Crypto does not have that liquidity yet, so the profits you make from applying Technical analysis is down to luck. I think Crypto is more about news. So technical analysis is completely useless at the moment. You may see certain patterns here and there but price does not respect it. until there’s more volume, this is how it will be until then, completely volatile and directionless. However, without a combination of fundamental and technical analysis, you will depend on chances too much.

I think over trading can be someone’s worst enemy. I believe back testing trades and finding significant resistance and support levels is everything in my opinion. Always wait for those signals to happen before rushing into a trade, don’t try to find and alternative trade plan just so you can keep trading. Find what works and stick to it, as boring as it may seem. also it is mistake to look at short term gains rather than long term fundamentals of the project. at the end of the day, prices will fluctuate but if the fundamentals and capacity to implement them are there then it should pay off. Nonetheless, never put more money than you're willing to lose.

All I see is a short term bull-run and I'm happy with that. I don't really think it's fair to say we will see $6000-$7000 bitcoin again based on historical data of 2014 and 2015. Those years dumped because of fear of regulationy and doubts about the future of currencies, but eventually, the Bitcoin went from $1,200 to $19,000 in late 2016 to 2017. That’s 2000% increase, and it’s only about 20 million Bitcoin wallets back then. Facebook has 25%-30% global population adoption. Bitcoin is still less than 1%. I think we are in the beginning of a bull run and a bright future. In my opinion the bitcoin will go from $16,000 to $300,000 in 2021-2022.

In my opinion hash power follows price, not the other way around. If it were the other way around, the Bitmain could for example just create their own coin and get rich by putting all mining power behind it. but what would happen instead people would not assign much value to that coin resulting in Bitmain paying more for electricity than what their mined coins are worth. Instead of mining at a loss the miners would drop the hashrate until the equilibrium of coin price and electricity cost is reached. So hashrate naturally follows price.

Bitcoin is open source and you are welcome to do with it as you want. Nobody represents bitcoin, nobody gets to define it and nobody gets to control the narrative. Even Satoshi is anonymous and he never registering a trademark. so the Bitcoin community believes that the term BITCOIN alone should not be the intellectual property of any individual or entity. it is a generic term like dollar or euro. furthermore, many cryptocurrency symbols are either in the public domain or are under an open license that allows free use. Each project is different, though, and some are more corporate and potentially retain rights to the logo. So it’s worth checking, but it’s hard to imagine anyone not giving permission.

The previous two halvings were followed by jumps up to $1,200 and $19,000. However, it takes months or a year for this effect to be seen. short term effects are due to hype but long term effects are due to the actual decrease in new supply creation. according to experience from other halvings on other coins. If the value doesn’t pick-up, the hashrate/difficulty will adjust to a new lower equilibrium as less profitable mining. So the risk I see is the huge expectations which are associated with this event, and unlike the previous times this time it seems everyone is aware and waiting for the spike to happen.

It really depends on your criteria for buying assets or cryptos, and a little bit of luck. If you're looking to make a quick buck, then short-term trading will best your best bet. If you're looking to have enough when you retire, long-term trading is your best friend. Long-term trading is so successful because it lies in the fundamentals that our inflationary economy/fiat money will ensure that the assets market will always rebound even if it takes years to get through a recovery.

I think there are a wide variety of things that make good investors and there are many types of investors. they all may be good investors, whether passive investors or very active investors. In my opinion they all have unique qualities, but they all tend to want to learn. they Learn patience and choose a investing time-frame and stick to it, such as long term or short-term. Most of the great investors have their own opinions about things, even if that opinion contradicts everything the market says. so learn how to think on your own. the market will be there tomorrow, next week, next month, next year. Learning and being patient is more important than anything.

I look at the overall project first. then look to see if it has an actual need for Blockchain or if not an absolute need, any benefits. I look to see if it's realistic and if there's existing product or customer base. If it's something I would use or I see a big need for then I look into the team behind the ALT. If the team has no track record I don't buy into it. Not a big fan of random people starting projects with no backing behind it. finally I pick it when there's benefits to investing such as revenue share.

This is nothing new with the crypto market and if you look at history, altcoins tend to be correlated to Bitcoin's pricing. so i predict that history may repeat itself. high Bitcoin prices will generate interest in cryptocurrency as a whole. Some of the new investors will discover altcoins, and choose to invest. As a result, a Bitcoin bull run should have a positive effect on all altcoins with strong fundamentals, due to increased awareness. so In my opinion the prices of altcoin will rise too. this could be wrong, but value of other altcoins such as TRON, Vechain, Cosmos and Chainlink have already seen increases in value along with the increases on the value of BTC.

There are BTC and Monero, but majority of transactions on the deep web are done using Bitcoin because it is widely used. some marketplaces could try to shift over but it would be a big risk since they could loose all there customers who would rather only pay in Bitcoin. however, IP addresses are displayed and recorded by full nodes clients during transactions and anonymity is one of the primary concern for deep web users. thereby, I believe Monero is a popular alternative that anyone can trust. Right now, it is a tool in the privacy arsenal and it's far and away the best we've got in terms of financial privacy. Not only that, but it's improving all the time.

I think buying into binance coin is a wise decision because I was watching now as almost all the altcoins is been affected by the Bitcoin dip. but binance remains unshakable, what this tells me is that binance is not completely really tied with Bitcoin and which makes it a wonderful coin.

However, i don't like to speculate price predictions but I could easily see this coin moving into the top 2 on coinmarketcap. That would put it at roughly $20 Billion market cap. I believe that is easily achievable by all the great things Binance plans to do. If BnB can't overtake Eth then the crypto market is really flawed. I never sell this coin. I don't want to end up like some people who mined 5000 BTCs while still cheap and sold after some huge dips. If you're in early on this coin, count yourself lucky. If I had more money, I'd buy more BNBs.

I think halving never causes a price boost immediately. It takes like a year before you really start to see the supply shock take effect. halving usually causes a dump around or shortly after due to a loss of faith in near term price increases. It's not a secret. If you look at the last 2 halvings, the price jumped after it occurred in long term. I remember one guy posting here how he was basically going to sell a lot of his bitcoins in 2016 and someone told him something like "are you crazy? The halving is about to occur. Just wait", and the seller said something like: "the halving date is well known and has been anticipated so the price is already baked-in". Well, look how the price increased after the halving anyway.

In my opinion, there’s honestly no way to avoid it, you have to make mistakes to learn from them. However you can mitigate the amount you loss, so next time you see a coin going way up, and you don’t want to miss out, just put $50-$100. It’s going to take a few losses for you to never FOMO again, there’s no other way. however, to me there is a distinct difference between trading and investing. my trading strategy does not rely on catching big green pumps at all.  I learned to ignore these, and continue searching for my desired set-ups instead. I stick to my setups, and my rules, etc.

I think $400K is not outside of the realm of possibility. there are several reasons for this assumption. we live in a digital world that every day moves further in the direction of digitalization. another problem that can be solved with cryptocurrencies is the lack of trust. The Millennials and a new generation will probably choose bitcoin for the investment rather than gold because bitcoin is easier to transfer and store. In addition, bitcoin has limited supply.

So the price of each coin will only increase in the future. Cryptocurrencies enter our lives and have already influenced the world, and they are definitely not a bubble. Bitcoin has experienced many crashes, and every time it recovered. the volatility of 80% or 90% is normal for the crypto market, and the fluctuations work in both directions. thus, bitcoin can easily hit $400,000, but the question is when.

It’s crypto, so literally anything is possible, especially with the recent uptrend, but there is no reason for me to say it could hit $50,000. Bitcoin is $8,800 each now, and 158 billion dollars in total. If each bitcoin hit $50,000, it means it will rise nearly 5.5 times. the total price will be 870 billion dollars. Hence Bitcoin will need nearly 700 billion dollars to hit $50,000. It is a large number and there possibly is a financial crisis recently, even though 2020 is expected to be the bull market, but I do not think the price can hit $50,000, it needs too much money to achieve this goal.