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Yes, investment in the top 100 altcoins in the current scenario is very risky too, because the cryptocurrency market has been running in the recession since the beginning of this year and so far there has not been such enthusiasm and reliability as before in the market. So before making any purchase, study well and choose from the top 25 of coinmarketcap list.
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If all the governments ban bitcoin together (which is not seems possible in any way at all), then it will be very panic and horrible for all those people who invest in crypto or trade, because when the world Bitcoin will be banned, then the price of almost every alternate cryptocurrencies will definitely fall down upto unimaginable and unexpected levels.
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So many cryptocurrencies are there which almost bottomed level at present but you have required to chose of fundamentally good, potentially strong and established cryptocurrencies out of them to get a good profit in this market. Some good coins are available in very low price like Ripple, Cardano, TRON, Stellar, Stratis, Neo, Waves, and Siacoin.
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When the price of Ethereum is going down, then many people starts selling ethereum in the panic to recover their money. Nowadays many ICO's not completing due bear market past 6 to 8 months and people are scared to invest in ICO's.
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The era of bounty hunting will never end. But it is slow down at present situations, many new coming projects not completed due to they are not able to sale their token as the market is running in bearish mode from past few months. Nowadays the income from bounties is very inconsistent. You get it in the form of token/coins of that particular project and anyone not known about the future of that project. Sometimes, tokens received by you not listed on any exchange and you are not able to cash them.
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Yes, I am sure that Bitcoin fever will be coming back. The market is waiting for positive news about cryptocurrency. Now Bitcoin is starting to recover its position back and is moving towards the $8000 resistance level, which if breached would allow the crypto market to experience a short-term rally that could decide the trend of the market throughout the year.
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The rating sites are helpful to understand the about ICO. But never should believe them fully all the time, because we all know very well that it may be manipulated and biased and you not get true information about these ICO. So always do your own research before investing in any project.
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In my opinion, the whitepaper does not determine the credibility of an ICO, Its give you the detailed information about the project only and not give the surety of success of the project. The success of any projects depends on its service or product and how much need of that kind of service or product in the community and it depends on the team and the developers too behind any project.
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It may be your own opinion, but I don't think that Ethereum is a threat for bitcoin, because is the unbeaten leader of this market and still King of this market. However, Ethereum is at the second position in this market since long, but nowadays ethereum not performing in the market as per people expectation and struggling from few months.
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At present scenario, ICO investment is not as good as cryptocurrency market is running in bearish mode since 6-8 months and any new coming token/coin could not be sustained their ICO value, so this time ICO investment is not worthy. This time you may be invested already established Tokens/coins.
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There are a lot of fundamentally good coins available at the very cheap price due to bearish market from the long period, like Ethereum, Dash, Waves, Litecoin, NEO, and Cardano etc.
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#Proof of authentication
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#Proof of authentication
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