The altcoins are too uncertain so it is not sure for anyone to say confidently that they will achieve the ATH once again. The other reason is now the investors are also become very careful about their investment because of the fake coin and the useless project as evolved since the 2017 bull market.
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Altcoins are not safe for investment because of the uncertainty of the market which finally leads to high volatility. Again, the market is unregulated so the price level is not regulated and totally depends on the demand & supply of that coin. But, you can invest in Bitcoin, Ethereum, XRP, and some of the genuine altcoins which are actually existed in the market and backed by some fiat or Gold.
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The $14 for the XRP is very unrealistic because if the price goes to this level then the market cap for the XRP will go more than the Bitcoin price in spite of the Bitcoin price goes 5 times from this level of $40,000. So, never speculate over & above the real scenario.
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At the time of launching of the PundiX this coin gives better profit to the investors. But, now it is going on the doom way rather than the moon. But, as the project of this coin is quite good which is based on the groceries so, in future it may give better price level.
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There is still no silver-backed tokens but you can find the Gold-backed and fiat-backed that is dollar or Euro backed token. The silver-backed token is not accepted because of the high volatility in the silver price.
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The biggest mistake I have done crypto in the year 2017. The mistake was that I didn't sell my coin which is in better profit and hold it for a long and now that coins are in no value. Even some coins are gone obsolete totally vanished from the market. A big example is Dimcoin which now traded nowhere.
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I also got emails of this kind to claim your first UNI as an airdrop. But before clicking on any links you should first think about why someone give you the token worth $2000? I never claimed this kind of airdrop.
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The Ethereum price must go above $8000 when it will break its previous all-time hit price. If the price persists at this level for a long time definitely the price of Ethereum will be $20,000.
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There are no particular criteria to search for a hidden gem in the crypto market because of the uncertainty and un-regulated market in the cryptocurrency market. Which is now traded in high volume due to the heavy speculation again on another day or the next year that coin will have no volume. So, choose your gem from the top50 coins for the investment.
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There are enough times to have the profit-making in the crypto market also newcomers get the best opportunity even in this peak market. In the current market scenario, only Bitcoin and some of the best project-based cryptos have already entered the super bull but still, some other coins like the XRP, Datum, XEM, Stellar, Tron, etc have the best opportunity to invest in.
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It is very hard to predict the cryptocurrency market as this market is not regulated by any central body or any other statutory body. Hence, the price is totally dependent on the market forces like the demand & supply of that particular coin. So, as Ethereum is a good coin and it is also the reason for the several crypto births on its blockchain again it is the top2 coin so we think ETH must see growth by following the BItcoin path and may reach the level of $3000 to $5000. Again if this level persists for a longer time then the price goes more than $10,000.
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Newbies who are new to trading in cryptocurrency should trade in the top20 coins which are traded in high volume so that they can grab their profit immediately. This because they get very fast entry and exit points while trading and that will improve their confidence.
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This is not a crazy bet who are buying Ethereum now even at $1000 or $1200 because this coin is also like Bitcoin which will definitely grow with the synchronization of Bitcoin. Look at the date back in the previous year when ETH price touched its lowest to $150. If you were bought in this level now which is less than a year you must have accrued 8x times of value. I don't say that cheap coins are not legit but you should evaluate them before buying this coin.
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This is natural that ETH gas price will increase when the price of the Ethereum grow. But, alternatively, you can say that the increase of the GAS price is ultimately driving the ETH price. The lower the gas price down the ETH price again the higher the gas price the increase in ETH price.
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This bull run looks like only for the Bitcoin and some of the legit coin which has a genuine and authentic project. In the previous bull in the year 2017, every coin and the altcoins were followed the Bitcoin path with the speculative perception of the investor. This year also we say that it is a bull run because the previous ATH already crossed and sustained above $30,000 for 1 Bitcoin. Again the investor awareness also increased for the altcoin markets thus the selective coins will only participate in the bull run.
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Recently the Amepay IEO was going on maybe it was a successful IEO but the main point here is how active the project behind this. The service of this project is the wallet service which is promising fast payment across the border. But, earlier there are many wallet service providers were coming but still, they are not active fully or partially and most of them also vanished from the market. Also recently launched named as COVIR which also a project of wallet service and the IEO was not that successful.
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The previous ATH of the ETH was at $1500 and currently, the ETH already breaks the $1100 and still it is in the mood of further growth. So, definitely, it will break the all-time high of $1500 and reach the level of $3100.
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A coin that is very good in the crypto sector definitely outperforms in the near or far time. So, there is no need to be more speculative a coin like EOS. In the previous bull, EOS has achieved more than $15 and now it is also traded in the decent level of $5. So, it has the potential to grow to a minimum of $100 if the Bitcoin sustains above $50,000.
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Today the ETH hit both the target of $1000 and 1100 and again it is declined to below $1000. So, it is yet to be confirmed further rally towards $1500. If the price will again hit the $1100 and sustain above it then there must be further rally you will see.
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The reason for the suspension of the Ripple from the Binance.US may be the Ripple is banned by the US Govt. because of the heavy dependencies of the private financial company and more money laundering activities. But, most of the countries' Govt. already applied the Ripple transactions in many banking and financial system for fast transactions. So, this news of the Ripple suspension from trading and deposit do not impact more globally.
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