In the future, as now, the financial system will dominate. Fiat money is needed to provide it, otherwise it will not work. What kind of fiat money it will have, cash or fully digital, we will know soon. It is clearly visible that the world is moving from material money to digital.

In the event of a global economic downturn, it is obvious that everyone will try to withdraw their funds from all exchanges and banks as soon as possible. What happens to the banks? They will collapse, close, and will not pay anything to anyone. With the exchanges will be the same. Most of the bitcoin will be sold, which will lead to a price collapse. It's my opinion.

I can not imagine how unstable cryptocurrencies with a constantly changing course, can stabilize the economy of any country. Will they just buy bitcoin and sell it more expensive? How will this help them? To stabilize any economy, you need to come up with a working model for people so that they can create a product and provide themselves with everything they need.

How do you imagine a project without a product? Yes, there are projects that begin to raise funds with only one idea, but in the end, they all create some kind of their own product that they later supply to people. Without a product, the activity of any project is meaningless. This is how scammers work, they pretend that they have a working product, and then simply disappear with money.

I do not think that people have lost interest in the Altcoins, in any case, those who are in the crypto market for a long time. Previously, the Altcoins showed much more rapid growth and good profits. But today top coins have become too "heavy", too much money is invested in it, too many people want to sell the purchased coins at no loss. This leads to the fact that the price is extremely difficult to grow in such conditions.

Fake volume is a big problem. But an even bigger problem is that such exchanges are in the top at the CMC, and yet people unconditionally trust this site. As a result, scammers get free advertising for their scam exchanges, people come there hoping to sell their coins at a bargain price, and face problems such as liquidity, bots, and problems with withdrawing funds.

What is your question? ICO has lost its popularity due to the fact that too many projects were scam. A huge amount of money was stolen and a large number of people were deceived. Obviously, as with conventional investments, people do not want to take risks. IEO slightly changed the rules of the game ensuring the safety of investor funds.

Very sad news. Many projects that conduct bounty companies collect funds on this exchange. I hope the situation will clear up.

I agree with you. Now you can not rely on income coming from bounty companies. The conditions on the market have become more complicated. It is extremely difficult for new projects to go out and hold on to the market, even if the price of a coin succeeds, as a rule, it falls sharply. New projects now do not bring income, only if you are lucky.

To succeed in this difficult task, you need to spend too much time behind the monitor screen. In fact, you need to spend as much time and effort as on the usual good work, only in this case, your efforts will give good results. As a hobby, trading is no good, continuous losses from lack of experience.

Absolutely not. In my case, it is just the opposite, the people whom I tell that I do cryptocurrency, they start to consider that it is too difficult for them, and they don’t even ask me about my strategies and mechanisms of work.

Which trading book do you think is the best? And which book would you recommend reading to a newbie?
What resources or video lessons would you recommend?
I am interested in the most difficult question - where to start.

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

Well, of course. If you invested in the crypto market 2 months ago, now you would double your capital. We are talking about investing in Bitcoin and coins from the top 100, they all move quite synchronously. If you invested 5 months ago, now your capital would be tripled. Simple math.

What do you do people having multiple accounts? He will ask his friends to provide documents or steal them, or worse, he will buy documents on the black market. Of course, some amount of such participants will be eliminated, but many will remain managing to go through the procedure of personal identification. Because of this, I find the KYC is not an effective method of selection.

Provided that you are a professional, yes, you can earn much more than holders, but according to statistics it is the other way around. The reason is that there are very few good traders, working hard, traders can earn a lot in a whole month or a week and then lose 90% of the money earned by making a mistake. Because of this, holders earn more, they make fewer mistakes.

Of course, you can quickly learn in practice, but you must understand that this may be the most expensive training in your life. Most people do not have such a quantity of means that would allow them to make mistakes and learn from them. Every mistake is a loss of money, at some point there will be nothing to pay.

Well, if so. And what if the opposite is true? How to evaluate altcoins? In my opinion, we have a situation when it is almost impossible to determine whether an instrument is overvalued or underestimated. It all depends on demand, the higher the purchasing power will be, the higher the altcoin value will be. Purchasing purchasing power directly depends on the HYIP and the news that surround the crypto market, that is, this indicator affects the price but does not reflect its real value.

Before deciding to invest in such projects, you should answer the main question for yourself - how much are you willing to wait. Such projects can really bring good money, but this may not happen quickly or not at all. The second question is how much you are willing to lose. By answering both questions you can make a weighted decision.

Airdrop is a seemingly rather simple method of earning, but only on condition that you participate in a large number of such airdrop and all of them are of good quality. In reality, this is not the case.
80% of the projects on the market are scam; in Airdrop, this figure can be all 99%. In this case, you will often be asked for personal documents for the sake of receiving $ 2,