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Yes, there are a lot of altcoins out there that are better but I think they all seem to be starting from the Bitcoin technology platform. At present there are quite a lot of potential altcoin and high market capitalization. In my long-term investment, I chose Eth, there are probably a lot of people who choose Eth like me. Considering the total market capitalization, Eth just behind Bitcoin, its value is quite high. Ethereum allows blocks - records of virtual currency transactions - to be generated faster than bitcoin. This is why experts believe that co-ether has a better transaction value than storage value. Many investors also choose it to be profitable.
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Reasons why to invest in Bitcoin: *The value of bitcoin is getting higher and increasing *Your investment here can be a help for everyone who works here also *You can use it to shop and buy things online *It is a good source of income
Probably it was the reasons why it is better to invest in bitcoin than in real stocks market. And since were now already in a modern world of technology, and internet us one of our major means of communication and it is also used in some online shopping also and a mostly businesses are rely in internet so bitcoin is now a new trend of investment and a good source of income. It is not bad to try new but already tested by many investors.
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Patience is a must if we are looking for good profit because only in the future will we will witness the crypto will grow. Of course, we have to believe that the chances to survive and to succeed is higher that it's chance to failed, therefore we also have to know the risk so in times that we need to decide, we can make a good and timely decision.
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Before you enter the world of cryptocurrency you must put in your mind and have the quality of being patience. Cryptocurrency are like competition sometimes you are loosing and instead of losing hope you must be patience because great things never happens instantly its unexpected. If you are one of the user, trader, and investor keep that in mind.
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If bitcoin is banned, the first thing that comes to mind is "How?" I will not panic at all about bitcoin getting banned. I will panic about how powerful the government is that they are able to successfully banned bitcoin. But then if we are going to be real here, bitcoin can be banned but you are still able to use it simply because there will be workarounds which will allow us use and earn bitcoin.
Bitcoin gets banned in my country, then I will just learn a new skill and earn money from that. I have earned enough money from bitcoin. Enough to live for a month without having any income and that gives me time to prepare to pick myself up and get a day job based on the skills I presently have.
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Patience is an important aspect and leverage in this industry that a lot of people tend to forget about. A lot if people are cashing put at the sight of a price drop when in fact this price dips are temporary abd will eventually go off in a matter of days. People should start making up their minds when it comes to this topic since they contribute to a big percentage of bitcoin and a lit if cryptpcurrencies' losses when price drops commence.
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Bitcoin will not die because bitcoin is keep on upgrading and developing itself over the years so the chance for itself to die is not really possible so why we should worry for the life of bitcoin if we are seeing a good progress from bitcoin from these past few years and it is not enough to base the life of bitcoin on the current events that we are experiencing.
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The best strategy is that whenever you invest the capital, always try to recover it as soon as possible because it will keep haunting you and there will be a fear of loss in your mind. So try to get back that capital with calculated and thoughtful moves, after that you can rely on the different techniques and get the profit of your own choice. Another thing is that do not invest all of the capital in one currency, but try to get more currencies.
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The best bitcoin wallet are the bitcoin core, KeepKey hardware wallet, electrum wallet and trezor wallet. These are the wallet I can recommend as a better way keeping bitcoin safe. Mind you, you also need to be extra caution either when you're online.
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You should know by now that prices of crypto currencies are not stable. The prices don't need any reason to fall down or go up within a given time. Events that causes price rise or drop lasts for a long term. But unusual drops are temporary and usually recovers within a short period of time.
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Its because of sudden regulations which are put by china on bitcoin transaction and trading and also the effect which south korea will put when it also starts the same as done by china . The holders when heard this news for regulation on BTC trading by china panicked and started to sell their coins since china's Bitcoins market was one of the most crucial markets in the world . this led to panick situation and thats why many coins dropped .
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I personally think MyEtherwallet is safe to use because I have used it for almost 2 years now and did not have any problems with the site. You just have to keep your private keys safe with you and never give it out to any one else most especially to those you don’t know.
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If you want to choose a good ICO then you should focus in reading the whitepaper to know what is the purpose of the coin and to know all of the information that a investor should know and after that you should do a background research for the team members of the coin to know if the information are legit or not.
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I guess there is no particular reason for what is happening. Markets can't grow forever, that is simply unsustainable. There are cycles of growth, followed by a cool down, and during that cool down, where there simply isn't a lot of people buying, and some are taking profits from the previous bull run, it's normal for declines like this to happen. I've seen this in a lot of markets, and this is perfectly normal consolidation. Bitcoin is not a bubble, I think we all know that for now, so we just need to patiently wait for something to happen again, that could ignite the interest in this market again (ETFs, increase in adoption, institutional investors jumping in, etc). Until then, we will probably continue like this for a while.
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