I think such forecasts are just an attempt to guess the future price, because I often read the forecasts of famous people, but they very rarely managed to guess the future price. This is nothing more than just speculation and an attempt to raise prices with your statement, so I think you should not take such statements seriously.

In the last 24 hours, the dominance of BTC has declined slightly due to higher prices for most altcoins. It is possible that the altcoins price increase is associated with the Ethereum price increase, but I did not find any convincing news on this subject, so it is not clear to me what this situation in the crypto market is connected with.

The market is unlikely to recover this year, but it is worth noting that it was in 2019 that the fall in prices reached the bottom, after which prices began to rise. We may not see new price highs this year, but due to the strong volatility of Bitcoin, we all have the opportunity to profit by trading on the exchange.

In order for the price of Bitcoin to rise to $250,000, it is necessary that 20 times more money is poured into Bitcoin than now. I think this is real, but only after a couple of years, when Bitcoin gets more widespread, ETF will be adopted and other positive factors will be present. I expect such a price around 2024, but I hope that this will happen sooner.

In order to increase my investment, I recently purchased a certain amount of XRP, EOS, LTC, ETH and removed them from the exchange to my wallets from which I saved private keys. Now I intend to increase the volume of BTC on my wallet and possibly purchase some new coins for a small amount, so that it would not be a pity to lose in case of an unsuccessful investment.

I like the results of IEO at Binance, the chance of making a profit is high. But the results on other exchanges are far from the results of Binance, so if you invest in IEO, then it is better to choose Binance. As a last resort, you can watch other large exchanges and if they have a high percentage of IEO profitability, you can try to invest.

Of course, for any project it is important to update the ANN on bitcointalk and in other forums. But this applies to project updates, news, announcements, offers and so on. The main communication takes place in telegram project groups, because there it is much easier to communicate, ask questions and receive answers, there you can also use the search and find the answer to your question. Therefore, these are two different tools for the interaction of the project team with the community, which should work together. And if the team does not update ANN, then it makes sense to think about the professionalism of the team and the real prospects of the project.

I think Litecoin will be able to become a convenient means for making payments for everyone, regardless of the geographical location of users. Moreover, if they manage to issue a plastic card with an LTC balance and the ability to pay at any place where VISA/Mastercard credit cards are accepted. Therefore, I think LTC is better for investing.

Recently, I have been losing money in trading and began to think that technical analysis is not working and is more like a prediction. Therefore, I began to analyze more the news background around cryptocurrencies and now I understand that fundamental analysis is no less important than technical analysis. Perhaps the best option for traders is a combination of technical and fundamental analysis.

It is sad to see how large and promising exchangers are gradually turning into scam instead of developing, attracting traders and buyers of cryptocurrency. A strange situation, because Bittrex also blocks user accounts in the same way and does not allow some users to return money. I could not withdraw my tokens from HitBTC due to the high commission that exceeded the balance of my tokens, after that I no longer use this exchange. At such moments, I begin to love more decentralized exchangers like ForkDelta.

It is good that the project is gradually developing. It is strange that in the Chinese market EOS has a large number of references, many talk about it and consider it a promising project, but the price of the coin only fell over the course of the year. Apparently the team is doing something wrong or what is the reason for such a slow rise in the price of EOS?

Not always even a professional team can make a project successful. In general, success depends on many factors. There are many interesting projects, but their relevance and need to the market is overestimated, so they fail and the project does not receive proper development even with a strong team. If a project with its product appeared at that time when the market needed it, then the likelihood that the project will be successful is growing.

I agree, many altcoins are getting cheaper in satoshi, so it’s better to buy Bitcoin and use all available funds to buy Bitcoin.  This will protect yourself from loss of funds as a result of an unsuccessful investment in altcoins, which are much cheaper since the purchase.

When the price of Bitcoin rose above $10,000, it looked like the market was in a bullish trend, but now it seems that a bearish trend has begun to dominate. But now is the beginning of September and it is always a good time to start the growth of the market, because people come back from vacation and start working, trading, developing their proje

This example shows us that we cannot predict the future, so at some points we should just believe, hope and wait. For example, I believe that the price of BTC will be about $100,000 and someone will create a similar topic with a screenshot showing the price of $9500 and everyone will remember this time as very good for buying BTC at such a low price.

The confrontation between hackers and exchanges will always exist, because exchanges have money and hackers prey on everything where they can make a profit. But it can hardly be said that hackers are smarter than exchanges, because some exchanges hire hackers who help test the security system of the exchange in order to help the team identify vulnerabilities and eliminate the possibility of hacking.

The rules for the existence of offshore banks are constantly changing. I even heard that the US government and the European Union intend to fight offshore and money laundering, but I think that these are just words and no one will eradicate offshore banks because they all use them.

Do not forget that the media are created in order to manipulate public consciousness. Therefore, each of us must independently collect information and analyze it in order to maximally objectively assess the situation and protect ourselves from various kinds of circumstances. A crisis is inevitable, but it is not known when it will be.

Recently, I began to work more in offline business and strain part of the earned money in investing. But I try to buy more BTC and ETH, because before I lost a lot by investing in tokens and little-known coins. I think for many of us an additional source of income is needed so that we can invest more in cryptocurrencies.

Now I’m watching some ICOs and I understand that they won’t even be able to collect Soft Cap and start working on the project for which they raised money. Even IEOs are not always successful, very few people collect Hard Cap. Probably only IEO on Binance is most often successful and brings good profit to investors.