I think the major problem with today's cryptocurrency exchanges is the up-time. People no longer have the guarantee if any of the major would work tomorrow or not. Whenever you are going to the exchange the only guarantee you have is when you type the domain name and see it is working that is the only guarantee. There is no doubt, if any of the exchanges went down today or tomorrow for that matter. I even heard the Kraken is down for about 48 hours now without any good information about what is really happening.

Well, the cryptocurrency market usually values the coin based on the coin demand and supply. It is simply based on demand theory: the high the quantity the lower the price. The people that owns a certain coin are the ones that control the price basically. When there is a new coin in the market and everybody is buying the price would grow higher in terms of value. It is also the same applies to value dropping when a coin value is dropping that means people are selling their coins, instead of buying more.

When you buy a coin e.g. Ripple XRP, and you want exchange with another coin because the value is dropping or you don't like anymore, then you should go to where is called cryptocurrency exchange such as HitBTC, Binance, Bittrex, Kraken, BitFinex and so on. There are many cryptocurrency exchanges out there but here are the few major ones to get you started. Once you have anymore question, free to ask here.

I see nothing wrong with current ICO prices because the average price of ICO token is only $0.50 which it can easily double once the ICO is successful. The coins of so many successful ICOs reaches a $1+ in less than a month. So, if you bough the coins at $0.50 you can double your money easily in less than a month.

There are so many altcoins with cheaper price but since you said good altcoins with cheaper price here you go:

1. IOTA
2. STOX
3. Verge
4. VIULY
5. DUVU
6. Worldcore

These are my favorites low priced coins. I see you have mentioned the TRON already.

Here you go buddy, below is the list of sites where you can find the average price of both bitcoin and 100s of altcoins too.

1. CoinCap.io
2. CoinMarketCap.com
3. CoinGecko.com

LOL So, when is that crash coming? Could you help and give use a date?
Sorry, there is no such crash that would make over $200k disappear in one night.
If you saw a coin value is dropping in your portfolio you should just exchange it with the new profitable one, period.  

Well, QTUM is one of the successful coins in the market last year. So, why loose your confidence in it right now? I think it is too early to make a division for quitting QTUM. Unless if you are switching to the latest coins in the market such as Ripple, Cardano, IOTA, TRON, and Verge. 

Yes, you are right because investing money in to 4 coins based on 25% each is a very good decision. You can now buy them cheap and hold them for a year or more. Once you hold them for year your money would multiply many times as they adds more value over time. But If I were you I'll invest in the following altcoins: Ripple, IOTA, TRON, and Verge.

Yeah, bitcoin and ethereum are the top cryptocurrencies in the market. Therefore, it is very important to be exchanging your altcoins with either or even both. For me, I basically exchange my coins with ethereum because it is currently more profitable than bitcoin in the market.

Crypto Mining Overloads Infrastructure In Small WA County



Cryptocurrency mining is putting an undue amount of pressure on the electrical infrastructure of Douglas County, a small territory in Washington state, CNBC reports.

Crypto miners are flocking to Washington to take advantage of the state’s cheaper electrical costs, creating a need for more data infrastructure to keep up with the higher energy demand. The price per kilowatt of electricity is around four cents in Washington state, as opposed to the average of seven cents in the rest of the US.

Port of Douglas County Economic Development Manager Ron Cridlebaugh responded to the problem by stating plans to add 100 megawatts of data center infrastructure to the county.

Cridlebaugh said in his CNBC interview:

    "Our infrastructure is actually being put to the test. We're full...It's going to take some time to catch up because growth has been so quick.”

A December 2017 study by the electrical supply company Crescent Electric (CESCO), named Louisiana as the cheapest US state for cryptocurrency mining -- a low 9.87 cents per watt makes the cost of mining one Bitcoin about $3,224. According to the same study, Washington is the third cheapest state for mining, with the cost of mining one Bitcoin averaging $3,309.

The mining of Bitcoin (BTC) and other digital currencies has sparked debate over its environmental impact, with critics complaining about the costs and possible effects of such a high-energy endeavor. Opponents maintain that crypto mining is actually the lesser of two evils, arguing that fiat money production consumes more energy in comparison.


Source: https://cointelegraph.com/news/crypto-mining-overloads-infrastructure-in-small-wa-county

Russian Ministry of Finance to Legalize Cryptocurrency Trading on Approved Exchanges



The Russian Ministry of Finance has drafted a bill to legalize the trading of cryptocurrencies on approved exchanges, according to a report from local media. Deputy Finance Minister Alexei Moiseev has indicated that the government is seeking to provide greater oversight. He said:

    "This is about the fact that buying and selling [of cryptocurrencies] will be somehow standardized. The general idea is that it will be necessary to buy and sell on official exchanges, as it will be declared, it will be legalized.”

The news may come as a bit of a surprise, particularly given the recent rhetoric from other Russian officials in recent months. However, Moiseev has consistently maintained that Bitcoin would be legalized, though with restrictions.

The bill would allow for more open cryptocurrency trading and investment within Russia. Other countries have begun issuing statements either legalizing or banning cryptocurrencies.

The Ministry of Finance is still considering which exchanges would be approved. Moiseev indicated that the issue of exchanges is still “currently unresolved,” but the overall legalization is now “more or less clear.”

Many within the industry see the Russian addition of legalized cryptocurrencies as the first among many, as Blockchain and cryptocurrencies continue to remove boundaries between parties through trust networks. Carl Bennetts, co-founder of Status, told Cointelegraph:

    “Where traditionally we have relied upon central authorities and institutions in order to conduct trade, blockchains shift this trust, and enable us to move towards a society that does away with middle-men and enables truly peer-to-peer trade, commerce and law.”


Source: https://cointelegraph.com/news/russian-ministry-of-finance-to-legalize-cryptocurrency-trading-on-approved-exchanges

Korea's Crypto Crackdown Talk Draws Backlash From Users and Politicians



More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country's cryptocurrency exchanges.

Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country's online exchanges amid a speculative boom in cryptocurrencies. That shot across the bow was paired with the news that tax authorities were investigating at least some of the exchanges in Korea, and in the hours to come.

Yet the proposal drew swift pushback from within the South Korean government – the president's office, in particular, said no move is "finalized" as of yet – as well as cryptocurrency supporters and traders in the country who cried foul as the statements sparked a fall in cryptocurrency prices.

The public backlash against the proposed move appears to be accelerating. On the Korean president's Blue House website, more than 4,000 petitions have been filed related to "virtual currencies" since Jan. 10.

One petition asking the Minister of Justice to step down in light of the move received more than 30,000 signatures on its own. According to Reuters, one petition alone has attracted more than 100,000 signatures and the website itself became inaccessible at one point due to excessive traffic.



Source: president.go.kr/search

Comments on the government's website included a petition from a user who claimed to have lost money due to the Justice Ministry's saber-rattling.

Another petition compared cryptocurrency trading with the stock market, but claimed the latter is much more speculative.

Yet another petition struck a supportive note on the development of new rules but called for the government to consult with the wider cryptocurrency community before implementing any such rules.


Opposition pushback

Other members of the Korean political scene are reportedly crying foul as well.

A new report from Korean daily newspaper The Hankyoreh states that leaders of several opposition parties are moving to criticize what they deem a unilateral crackdown without any discussion or debate.

One opposition lawmaker said the ban was not a government position, but rather one that the Ministry of Justice and, possibly the president, hold themselves.

The lawmaker continued (according to a translated statement):

    "The government announcement should be based on detailed reviews and coordination. If there is a problem, we should warn and prepare in advance."


Path toward regulation

In recent months, the government has made efforts to tamp down on what it refers to as speculation surrounding cryptocurrencies.

These efforts included new regulations for banks conducting transactions with cryptocurrency exchanges. On Jan. 8, regulators inspected six banks to ensure compliance with the new regulations, which included strict know-your-customer identification rules, among other measures.

However, rather than comply with the new rules, some banks said they would simply cease trading with cryptocurrency exchanges altogether, according to the Korea Times.

South Korea’s largest bank, Shinhan Bank, said on Friday that it would be closing down the virtual currency accounts it offers in order to comply with new regulations surrounding their use.

An official from Shinhan said the bank had initially built a system to comply with the new regulations before deciding to just de-risk.

"We've developed a system to introduce identifying virtual [currency] account customers in accordance with the government's efforts to curb the cryptocurrency craze. However, we decided to scrap the service enabling the trade of digital tokens which has become a serious social issue," the representative told the publication.


Source: https://www.coindesk.com/crypto-crackdown-talk-draws-ire-supporters-politicians-south-korea/

Yeah, you have seen everything good about Binance that makes it better than Bittrex. No doubt, Binance is better because it is more cheaper, more coins, more user friendly interface. Binance price rate is even better than Bittrex, the customer support and everything. Binance is based in Hong Kong while Bittrex based in the United States.

Well, since you are just starting out you should just go ahead and invest in ethereum instead of litecoin because the ethereum price is growing consistently faster than litecoin, bitcoin, and ethereum classic too. Ethereum is the best place for beginners to invest now. 

I think the best way to trade coins without losing is by following the market trend. Sometimes, losing is inevitable but we should try to avoid it as much as we can. And the way to do it is by following every coin the market chooses. You must first start investing on the fast rising coins in the market and monitor every move they make. Once you see a coin starts misbehaving then you must exchange it with another one.

Making investment in cryptocurrency these days is very crucial. Therefore, if you can divide your salary by two that would be very good for you in the future. You should invest the first half in cryptocurrency and spend the half for you basic needs. When you spend your money you lose it forever but if you invest you plant it.

Well, it appears the market favors the altcoins such as ethereum and Litecoin than bitcoin since early this January. The price of ethereum is growing up consistently while the bitcoin price is struggling from one correction to another. If you are trading now ETH is more profitable but if you want to hodl then go for bitcoin.

People will buy bitcoin, ethereum, and other altcoins at any price because they their value. Only the people whose see the value in coin can buy it. There are some people out there that can never buy bitcoin for $1,000 but those that knows the value of bitcoin can buy it at any price.

Yeah, you can do both trading and your personal job because trading requires very small amount of time which is not more than 2 hours a day.
You can even do it at night when you come back from the office, and In the morning, you can go your office without any stress or anything like that.

Go to HitBTC.com - it is my favorite trading platform.
I see Binance, Bittrex, and BitFinex are no longer accepting new registrations. HitBTC is going to be a nice platform for you.