Its price at the beginning of the year was (20K $) was a bubble because its value inclined too fast. But I do not think that whole crypto market is a bubble. Of course we do not know the exact time, but crypto money will be used in trade.
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I personally did not see a 'going up' It may be because of my choices of coins that are in my portfolio. I will believe that there is a going up only when BTC costs 15000 $ again
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I think people get afraid of the regulations because they think the reguations are some kind of banning. So in the short term, it affects adly but in the long term, if the regulations go well and stabilize the system, they are good for the market.
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I really hope it will get $1000 values again. I can not predict when it will reach it again, but I know that the current price is a very good opportunity to invest. The most important thing is that it should rise slowly, not immediately.
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Whole cryptocurrency market dropped drastically, not only BTC's price. There has been a huge crisis, we are waiting for the upcoming.
I now that one day good days will return, we need to be patient as investors. But to be honest, I got very bored and frustrated in the past 3 months.
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You can split your money into two pieces for long term and short term coins according to your endurance against risk and probability of huge loss of money.
Personally, I keep half of my money in ETH, NEO and VEN, and other part in coins that have small merketcaps.(of course it is risky.)
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NEO is absolutely a promising coin, also, my second biggest investment. If China doesn't ban the activities, I will have bigger prices, for sure.
But claiming that marketcap of NEO will surpass the marketcap of BTC sounds like a delusion to me.
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It won't last very long, I think. For a good and long green run, we need the marketcap to increase, expecially the marketcap of BTC, and then altcoins will increase.
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After the huge marketcap in the end of 2017, lots of brokers and analysts entered the crypto world, since they saw the opportunities, for sure. So yes, the market is manipulated and as the marketcap increases, the number of manipulators increases, too.
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For me , it is the time to invest. For a long time, there was no such an opportunity. The prices are at the bottom and everybody thinks there will be a bull season in a short time.
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If you have lived the crisis since the beginning of the year and waited for until now, I recommend you to wait a little bit. I think the bull season is not so far.
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If you have written this subject by the beginning of the year, maybe I could say the upcoming trend lasted so long, so maybe you should wait. But now, we are all at the bottom, prices are really low , could be a good opportunity for you if you are a newbie.
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Me, too still thinking about NEO. Also, VEN and NEBL are also the coins which I am hopeful with.
My portfolio mostly consists of these three.
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I cannot trust them both because they were pumped really fast. I do not know for what they are used or did not read their whitepapers but I am always afraid of these type of 'instantly popular' coins.
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I persuaded myself to hold and wait for a time but 2 years is more than I thought. I think a new upcoming will occur in this year, people will not give up from cryptocurrency and blockchain technology.
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I wish this news is a real one. I want hear or read something good about the cryptocurrency. I do not even want to check my Blockfolio for a long time.
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Due to the scam coins, they may be right to be afraid of publishing such deceiving ads but anyway, this news (including google,facebook etc.) affects the prices badly more than it should. The ads are banned,so? Are all the coins scam from now on?
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If you want to be in the safe region, NEO and ETH. But if you can handle more risk and want to have a chance to get more profit, I recommend VEN and NEBL.
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Yeah , you are absolutely right about your guess. Maybe 1% of them barely exist beyond 2020. According to the needs, new coins will show up these times, but these scam or useless coins will not be there.
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VEN, NEO, NEBL, ICX and ETH are now my potential coins. Maybe they will not get you x10 profit but in long- term, you will not lose from any of them. Patience is the key for all of them.
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