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I think for now Altcoin is better than Bitcoin for buying now. Because, Altcoins are already in the very lower price and there is no further decline even the market decline. But, Bitcoin is looking that it has remaining more decline of the price as the price level has already broken the support line of $5000. If the market not revive in December then Bitcoin price will further decline to $1200. So, buy Altcoins like BNT, IOTA, BNB and EOS.
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There is many coin in the cryptocurrency market but nobody has that much of potential to beat the Bitcoin but some of then can compete with Bitcoin. Among these Ethereum is fast and the others are, EOS, Vechain, IOTA, BNT etc. If you are asking for the investment then choose ETH and BNT.
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Must go $1200 but need patient to wait. In the crypto sector every year the cycle is changing. In the last bull The Ethereum has already surpass more than $3000. So, do not hesitate to invest more now as the crash market is the opportunity for the new investor and investment.
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My views for the cryptocurrencies are always positive because this is the new era of coin which will be used in future in place of paper money. It is obvious that many of the Govt. opposed because they don't know how it is working as on the other hand all are speaking about the complete digital in terms of payment. And, I think cryptocurrency is the extreme form of technology in regards of the digital method of payment.
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Never sell your coin now but if you are in more profit then sell. But, I think you must be in severe loss and if you are going to sell then nothing will come to your hand. So be patient. One day the market of cryptocurrency must revive and then you will get better profit. Maybe the waiting period will longer but hold all your coin and buy another coin like EOS, TRON, and ICX.
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The stability of coin is not mandatory but the creation of the wealth is very necessary. If we think the starting of the Ethereum when it was first evolved in just three years back it has already given it's initial investors millionth of times of benefit. And they think we already in the bullish period. But, If you are investing today then you have to also wait until you get the profit. And the asset whether it is crypto or any other never stay at a particular price, it must go down or up. This is the nature of every business or any asset.
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This is true that whenever you are investing in the time of small market cap in the crash market, actually you were doing a great job and a wise thinking. So, it is very sure if not in the near future but it is mandatory one day market will recover and enter into the high market cap. Then you will become millionaire in any time. So, panic is not necessary now just create more portfolio of your cryptocurrency.
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If the market does not recover in 2019 then it is sure than ETH price will continue to drop for the whole year and possible that the price must come to $10. But, I think this price level also one of the investment range but put money only 10%. and wait and invest in every decline a little money.
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In this crash market there is numerous investment opportunity because almost all the coins are now in their ground level and their price also in very lucrative situation. And, $500 is more to invest. So, first of all invest in ETH and BNT for $200. And again the rest money invest in TRON, EOS, and IOTA.
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The crypto market is totally a new concept for the world and it is invested just in 5 years back while the Bitcoin was only existed since the last year. So, people are already gone multi-millionaire by investing in these crypto market. So, the world gone crazy for this asset.
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This is true now that the crypto is really in a big depression. Everybody is in panic mood and selling their asset quick. But I would like to suggest everybody not to sell now but this is the opportunity of buying and for buying select top 20 market cap of crypto currency.
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Yes, the Ethereum will bounce back after the market go stable. Maybe the short covering will increase the price of the Ethereum upto $200 again but you can't consider this it is the market recovery.
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The EOS investment now won't you make any eye catching profit in 2018. Because this year already about to go. But you will get better profit in the next hear or then next. EOS also in the top 10 coin according to market cap. But I suggest you do not invest $5000 in just in this only coin. Invest half of the amount in EOS and choose another top 20 coin which price is less than $0.10.
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It seems to be below $4000 in late February if the Bitcoin price does not revive from January. Then the whole year 2019 will be bearish. like the previous three year of before 2017. But, in December the price will come to $4000 is must as the below support level of $5100 it has already broken.
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There is over speculation of any crypto may hamper your crypto portfolio. So, do not speculate more as you are going to talk about ETH. Because this coin is originally in very use and the real work is done on it's blockchain. The tokens are created in this blockchain. So, due to the market condition all the coins are dropping so does the ETH also. But Ethereum is the largest useable coin after Bitcoin so invest in this coin in every decline.
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ETH price is now too low for investment fresh. And from this price to further decline would be more efficient to get the Ethereum at a lucrative price. So, invest now in ETH like an SIP investment. If any decline then invest more 10% of your corpus and continue till the price stable and wait for the next boom period.
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