Actually, after many years I think that bitcoin will be more huge from this time and maybe the value will be stable (near of 30k) in the first duration, then after some years there will be a big evolution of the price (between 100k and 500K). As well, in 2022 probably bitcoin will become 1 million dollars (crazy price). At that moment the bitcoin economy will be in the top.
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Honestly, It's wrong to say that bitcoin is dead, there's just a small fall in the price (in last 24 hour value decreased by 4%). Due to there are many transactions in blockchain and the majority of them are unconfirmed. Furthermore, the fee is very huge (more of $20). In fact, Bitcoin cash has a crazy advance in the market cap and the price has become $ 3480.
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In my opinion, the best altcoins for low transactions is Ethereum and bitcoin cash and the fees on them is very acceptable ( $ 0.4 for ETH and $ 0 for BCH ) . Although for these two currencies the price developed a lot in the last period . In fact, the best choice is to hold and to invest a big quantity of these altcoins because the prices will be more progress in the near future .
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Actually, We do not know what is coming in the future, maybe the price of bitcoin will grow more of 100k and possibly not. For me, in current time this is the best chance to buy a big value of bitcoin and other cryptocurrencies (like Ethereum and Bticoin cash..) because in the near future (few months) there will be an evolution for many currencies. So profit will always exist, especially with Bitcoin.
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Bitcoin is taking a huge plunge! Are you guys selling to be safe, or still hodl in the hope it will go up again?
For me, this small drop of the price is necessary. Moreover, in the last period there are some difficulties and affected negatively to many users of cryptocurrencies , particularly for the low payment in many categories, also the fees is high. And I think the best way in this duration is holding not selling, because the next period will advance the price and in a fast way.
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Unfortunately, The current fees is high ( over 15 usd) and this is not acceptable for the majority of users blockchain. Moreover, This can be caused by the current price of bitcoin and the huge number of unconfirmed transactions . In fact, Maybe the only solution to reduce the high fees is decline of bitcoin price ( like 10K) .
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Actually, Investment in long term is the best choice because the profit in it is continuous especially when the price will growth after your investment and also when you invest a big value of this currency. Usually, before everything you should know the expectations coming for the price. and you should choose the best successful currency to invest .
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In my opinion, It's very difficult to find the bitcoin price falls too much, especially in this duration of time. And if this sudden fall will happen,before that I'll be saved a great value of money in many cryptocurrencies ,in order to avoid financial losses. In fact, you should expect everything to happen and each beginning has an end. So you must find solutions to unexpected problems.
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Probably, in the next week the price will progress slowly (maybe will be close of 20K) because in this period there is an advance of 4% so there is no big surprise in the price. As well, many users of Cryptocurrency have problems (low of the payment) because of the current price, traders too.
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Of course there are many techniques to earn money in cryptocurrency but the ways are different ( easy ways and hard ) . Such as: 1: Mining and before that you must have a good quantity of money to provide it 2: Freelance, and you must have many skills to getting a big cash. 3: Investing but you need a big budget of currency .
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Unfortunately no, In my country there is only a minority know bitcoin and our government do not give importance to this currency and also do not even know what their importance to the economy. Moreover, the coin of my country is very low and this has caused many problems (for example: High poverty rate, problems of infrastructure...) . Therefore, The government must recognize to overcome these crises.
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Will we ever discover who he is? I guess that Satoshi nakamoto is not an individual person so It is an organization( Multiple of people). Because one person cannot make this locked technologie and successful too. In fact, we need always a team work to make a big project like bitcoin.
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Honestly, everyone who sold their budget from bitcoin, he will regret it in the future. So this is a bad time to selling for some cryptocurrencies (especially bitcoin), and the price develops at a fast and huge way during this period of time. In fact, it's time to collecting big budget of bitcoin and everyone can do it in many ways. For me the best steps are: 1: Collecting a big value of bitcoin (You can achieve this through many jobs. such as: signature campaign, trading, mining...). 2: Holding. 3: Investing all the money.
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In my opinion, patience is necessary in our life, especially in opportunities of jobs and financial profit. As well, always after patience there is a big gain. and of course the price will drop in certain time. and nothing is easy, you cannot be a millionaire in a short period of time. Furthermore, you must work always and be patience for every problem you get then you will achieve what you want.
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Probably the price of bitcoin will reach more of 25,000$ in the end of this year (maybe near to 30,000$). In fact, in this duration of time there is a growth of the price and more than 30% in last 7 days, so the value is variable. Eventually, Hope there will be a happy surprise in the future, and that bitcoin will be more stronger.
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Will Ethereum be able to do it?
In the future ,It's hard to say that there are some coins can catch up the price of bitcoin. because the price of him in progress continues and there is a big difference in amount between the value of bitcoin and the other currencies. Besides, in recent time there is a leap of market cap in Ethereum. so maybe in the future there will be a small variation between bitcoin and Ethereum.
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It's very difficult to get the first Bitcoin especially when you are a beginner, but you can choose some ways to start reaping some money also may be your first period of time will be hard for you, so you should ranking your account to find some jobs (for example: signature campaign and translation..). And when you have a good budget you can invest to progress your amount.
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Actually the price of Ethereum has been developing rapidly in recent times. as well, There is a huge development for the price (Over 46% in last 7 days). So the value of Ethereum is going in an insane way. I guess that this is the best period of time for invest and to saves a big quantity of money because in the future this evolution will continue.
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For me, There are many people who have become rich because of bitcoin and the easiest two ways to be a billionaire is an investment and holding a big quantity of money, but there may be some luck to earn a lot of money in all of them. Moreover, the price of btc is not fixed So if it's growth rapidly and frequently, after that there will be much profit. And when the value will be low there will be losses especially for investors.
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Hey guys! I have $2000 i want to invest for 3-4 months... maybe more based on your advice. Where and When should i invest and for how long should i invest in altcoins? Any help would be appreciated. You must invest in this month $1000 in bitcoin and the other half ( $1000 ) in ethereum. Because after 3 or 4 months from that, the most currencies that will develop quickly are bitcoin and ethereum (And maybe litecoin but it is not certain there is a growth in it) Furthermore,Many statistics prove that there is a progress of many currencies in the next period.
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