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There are practically no fundamental factors that have so strongly affected the price of the cryptocurrency. The current situation in the world of cryptocurrencies is probably only a temporary phenomenon, after which we will return to growth.
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Bitcoin Gold is an absolutely useless coin, which became famous only because its name contains the word Bitcoin. I think Bitcoin Gold will fall even more. Better sell it.
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TRON has very few tokens to burn, compared to the total number of tokens issued. Look at the chart yourself, it has absolutely no effect on the price.
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The product and idea of Ripple completely contradict the idea of crypto currency. It is centralized and controlled by banks. Therefore, I do not consider Ripple a good investment, but rather the reverse.
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This is the tether cryptocurrency. This cryptocurrency is tied to the us dollar exchange rate, so you can use it if you want to stay neutral to cryptocurrencies that lose in value. And when the growth begins to exchange these coins for another cryptocurrency and make a profit.
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It seems to me that the bear market has already exhausted itself and now a new phase begins - the "growth phase". The price level of 6000 $ will not allow to lower the price lower.
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This of course affects, since the higher the rank of the user who is engaged in the company on bitcointalk, the higher the price of his word. This is worth paying attention to.
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Altcoins who parody Bitcoin and receive HYIP only from the fact that Bitcoin is very famous, are no longer needed. But the cream of such altcoins has many useful companies that make the crypto world better. It is these altcoins that are needed.
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Hunters for bounty get only a small part of the tokens and this almost does not affect the value of the token in which you invested. Perhaps the reason for reducing the cost of the token is different. Most likely, sharply reduce the cost of tokens large investors who bought tokens with a large discount.
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A good idea is to divide all your money and most of them to invest in bitcoin, and the rest to invest in top currency, with good technology and a relatively inexpensive price.
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Now only a small audience of people knows about the cryptocurrency and BlockChain technology, and how to use this technology is known to even fewer people. That is why, as soon as this technology will be more famous, we are waiting for takeoff. The potential is huge.
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