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#proof of authentication Bitcointalk Username: popsywura Telegram Username: @Leoahmedbrown
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Ofcourse there is still some tendency of Ethereum breaking ATH price again but it might not happen any moment. Cryptocurrency cannot just be predicted. So far there are still ICO springing up and have their coins base on Ethereum technology, the price of ethereum will still increase at a later period.
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I have within my communities and associate friends educate people mostly on different ways their can earn from bitcoin and let them understand different risks associated for involving in bitcoin. In delivering this to them, you come down to their level and explain in a layman language and best techniques they can easily understand.?
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My goal is to continue adding up to my bitcoin until i reached 1 bitcoin before the end of this year and grow up from there to reach 2 bitcoin by first quarter of 2019. With this i will want to engage in crypto related investments platform.
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Your perceptions might be correct in essence that ether price increase was a factor of massive investments in ICOs during the last one year, but i will not agree with you on your assumptions the price will drop to the point of $60 it will never happen unless Ethereum network want to collapse completely and alot of token will go down with it.
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The damages you experienced is a normal experience an investor should be expecting. Before investing in bitcoin, you should have it in mind that price do fluctuate. If you experienced such, the best option is to hold on to the coin.
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No one can give you assurance or guarantee you of coming of bull seasons. Is better you make a deep research and market studies to make a good decision. However, base on trends history, the last four months has always been good in cryptocurrency especially last year 2017. So be sure of decisions you want to make.
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When you are engaging them, you need to explains to them as newbie they are. Is normally look difficult at the initial stages. Don't use technical words, be of more practicals than theories. Try to show them everything you are teaching them. If possible use a local language or language they best understand.
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Cryptocurrency cannot replace money rightly because it does not have a legal backing in all countries of the world which makes it not generally acceptable as this is one of the crucial features of money.
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There will always be a negative nature effects in any profitable futures. Bitcoin mining is not an exception. The power consumed by mining bitcoin is one of the effects. Thats why its difficult to engage in bitcoin mining in most of the developing countries because of the power supplies in those countries is not efficient and power generating there is very cost. So, essential one of the major things to consider in bitcoin mining should be power generating system.
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Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable. The following are some of the factors to consider before investing in coins base on long terms investment: On-going Projects Community Hype Market sentiments Future projects Social media reach
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Cryptocurrency is associated with risks, you have to know that before decided to invest in cryptocurrency. The major risks are sudden ľľ0 of price much lower than what you buy it. ICO scam is another risks associated with cryptocurrency. Sending of coins to a wrong address which you cannot reverse again is also part of risks associated with cryptocurrency. Despite all these risks, cryptocurrency still remains a good investment decisions.
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Bitcoin currency insurance services to prevents trade-related losses will be positive and good innovative idea can reimburse investors in the events of losses but convincing insurance companies to offer this services will be difficult at this period where bitcoin is not regulated and not generally accepted throughout the world.
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You are right, cryptocurrency is very volatile, unpredictable, risky and lucrative as well. All these have to put in mind when investing in cryptocurrency. However, a good and determine investors should not be afraid to invest in a lucrative ventures like cryptocurrency. Once you are not too greedy and always focus on your investment you will always get ahead with cryptocurrency.
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Before now airdrops used to be very lucrative and rewarding, but it's quite unfortunate this period that scam and fake airdrops have flooded the Cryptocurrency world now some organized airdrops just to received personal data of the applicants for other purposes. This is one of the reasons Cryptocurrency need to be regulated.
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Visa and other cards payments have not initiate such offer as far as i know though i made be corrected. Recently, some token have coming up to establish payments with card using their token and bitcoins.
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Cryptocurrency might be high risk to invest and it can also be rewarding as well. But when talking about the high risk in cryptocurrency we should know that the risks can be of minimal if we invest wisely, you also in control of your portfolios. You can decide to take short or long at anytime you desire.
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From the developments stage, all ICO should have a propose project this will be a driven force towards the development of the projects and enhance investors interest.
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