Well, you can choose to give up now, as the market is now not very well maybe due to the they need to do price correction, I think estimate for 2 years the crypto will be up and down in price vice. But If we hold onto in, after 2 year, you will be gain back on what you have. Investment take times and risk
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The best choice for now is to buy ETH and some other ICO that is still in low price with good reputation. As now is the red market, good project will also been affected. Thus this it the time to Invest.
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Well, in my country the crypto is legal. But when there is ICO launched in our country, we will not able to participate because the government banned. But still we can join the other ICO that launch by other country.
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It is actually depend on the project, those that I had done research and their previous project was successful one, I will throw more of my money in it.
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There is still a long way for ETH to replace BTC. Although the tech and spec of ETC is way more advance than BTC, but it is still lack of popularity and also the people outside also not very well know about crypto due to it is still not stable. Thus it is long way for ETH to replace BTC.
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Invest in altcoin is better than invest in bitcoin. The investment amount will be lesser and the option is wide. There are some many good and profitable project in altcoin which can help investor to gain more than they can invest in bitcoin.
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Information is really important, but there are too many information that flow all over the place. It is important to know how to filter the information and also how to find the correct information. Without accurate information, we will choose and make the wrong decision.
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Until now there isn't any altcoins that can compete with Bitcoin, thus although some of the features of altcoins might be better than Bitcoin, but still cannot replace Bitcoin.
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For some of the coins, it might be volatile for the current status but this is because the coins are still new and it is not known by people yet. But after some time the price will be stable down like bitcoin.
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Bitcointalk is actually a very good channel to receive the update news of crypto world. It has the user that willing to share and also it is a platform for us to learn more.
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My investment strategy will be separate my funds into few portion, one is to invest in bitcoin and the rest is to invest in altcoin like Eth and also those potential ICO which will reward more profit.
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Blockchain is a digital ledger in which transactions are recorded chronologically and publicly.
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I was actually help my mum to invest in bitcoin and taught her how to check price and some basic knowledge of coins for her to know. But she had a very wrong think of investment that shouldn't have which is to buy it when the price is high and not to sell it when it is low. The best way is really to hold the coins because it will rise again although is not in a short period, but patient and the willing to hold the risk is require.
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Bitcoin and google serve different purpose and the existence of two will not cause harm to each other. They might one day cooperate also, who knows.
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If we look back to the previous year, the price of bitcoin is not as high as now, but with the success of bitcoin to be known by more and more people, the bitcoin's price is getting higher and higher. This is a very great new.
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If the person is willing to learn then it is now difficult for them. But for the senior citizen, it is a bit hard due to the limited knowledge.
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The common challenges that bitcoin user facing now is the transaction time and also the transaction fee. It is hard to make decision also because the system is decentralized.
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At first I want to know more about Bitcoin and after exploring bitcoin I learn the existence of other coins which is altcoins that allow to invest more and more cheaper. Thus it attract me to know more and start to learn invest.
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Eth has a lot of potential. It's smart contract features is a very advance technology and the transaction timing also shorten than bitcoin. Besides, the Eth is also moving forward to both half POW and half POS, thus it is keep on improving. In long run, it is very potential.
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