I think in 3 years the cryptocurrency will get universal coverage, I see the scenario of several pamps, after which the market becomes so stable and attractive that the whole world wants to get into it. Using cryptocurrency is convenient and easy, and most of the salary is paid in cryptocurrency.
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I think that the projects have foreseen the current recession, it is obvious that the best solution would be to enter the exchange during the rise of the market, which, as we know, begins only after a strong fall.
The question is to understand how strong the fall should be, and the effect of this on the duration and intensity of growth. After all, we can fall to $ 4500 and then grow to $ 5500 and stay at this level.
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It can not be called next, we do not know whether it will happen. The fact that now time goes by December does not change anything. The market either has purchasing power or not, the time of year has almost no influence here. Therefore, I am preparing for a more dismal outcome of events, it remains only to hope that all the good projects could predict a similar outcome.
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I am very glad that the market has finally started to move, no matter which way, it means that it is alive and transactions continue. What I see is a typical swing of a crypto market that needs to be considered on a time frame for a year, two, five, ten years and more.
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Frankly, I do not think that by the end of this year we will have growth, most likely it will not work until the second quarter of 2019, because this is a crypto market, and new people will not want to invest their money when it is in such poor condition.
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I think the banks will not disappear. These are very strong structures. Many of them use modern technology. Some banks are already using Ripple technology.
Banks put their roots in the public too well, they are associated with money and security, although in reality their task is to accumulate money for banks not for people. The main task for the blockchain distribution is the introduction of the correct thinking and understanding of the concept of the technology itself among ordinary people.
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I think this is possible, but only on condition that you have insider information, otherwise you just have to be lucky that it will happen 1 time per million, like in a lottery. Personally, I prefer not to count on the case, but did everything myself.
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How can you doubt the success of cryptocurrency? The technology is already showing itself in the best way, it is useful, in demand, gives people a safe and comfortable, another thing is that until the cryptocurrency market has formed, it is too young. The market may fail, but the technology itself is not.
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I did not invest in projects, but by doing generosity, I read the white papers of each project. I read about 80 white papers.
I also, I analyze projects being in the team of my friends, and I have to read every white paper of a project that I analyze, I have already analyzed about 200 projects.
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And we are waiting for even more projects, even more ideas, even more failures and dazzling success, of course there will be many more failures, but not all projects become giants.
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Ethereum is an excellent platform for development, besides technically it is ahead of Bitcoin, and more perfect in the code. However, look where ethereum and its areas of application, and where Bitcoin.
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Replace - no. But the bank on the blockchain technology is our near future. Only in this way the two systems will be able to coexist, at least in the next few years.
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Not all, for example i allways try to sold at ICO price. But for last year with this strategy i become to the long term holder
Like all of us. The market itself dictates the strategy of holding tokens, forcing us to sell at ridiculous prices. I prefer to wait for the best moment, even if it happens in a few years.
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I think when a project makes a good bounty, this is usually a good tone, and it also draws attention to the project. But as practice shows me, the best projects do not conduct bounty companies as they have strong external investors.
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We must be a thousand times more attentive and smarter than those who are trying to deceive us. They ALWAYS leave footprints, and we must identify them as soon as possible. It is also very important to distribute any suspicious information.
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I think that it is best for you to find a job, earn some money, and invest it somewhere, otherwise you will hardly be satisfied with the payments you can get without your own investments.
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To invest in the long term, you need a minimum of knowledge, the basics that will give you an understanding of why to invest in a particular coin. If you want to become a trader, do not even try without knowledge, the risks are too high.
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I use rating sites to get technical information about the project, as well as to find out how much information noise is around the project and how popular it is at the moment, this allows me to predict the success of fundraising.
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The funny thing is that cryptocurrencies do not have physical referents in the real world, so their price is formed in a sense from nothing. People themselves form the price for these non-existent things, and this is the worst thing, because this is a real bubble whose price is not known to us.
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in my humble opinion ethereum is so special not only because he is already the king of icos but also because the huge support from the ethereum alliance, community and developers I think the things you called appeared around the project just because it was special. Why was the project so special? Because he introduced innovations in the cryptosphere, convenience and uniqueness. Buterin managed to create something that suited everyone, and of course the community fell in love with the project.
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