I am sure that the price of Bitcoin can still experience a tremendous increase in the coming months. With the increasing number of people using Bitcoin, it is very good for the direction of positive change. Bitcoin prices are currently in the range of 6,000USD and it is very possible if at the beginning of next year Bitcoin prices could reach 10,000USD. I am optimistic that it will happen because Bitcoin is a thing that often surprises us all.
I appreciate your height of confidence but I don't think the market will skyrocket this time like last year it did. Yes I agree there will be a change in price but not as expected, because the bear market is still in progress. There is lot of hope in cryptocurrency let's wait and see.
|
|
|
You can invest in other coins like NEO, ripple or Litecoin. You can also invest in the new coins coming up, but you just have to be careful. You can buy the coins when it is on exchange because that is where you can know the real value of the coin.
There are lot of altcoins in the crypto market available to invest in but before investing on any of the coin do some market research, Analyse the coins value and standards check for the recent value and performance of the coin based on that invest in. As per my knowledge ETH,NEO, Ripple are quite stable in market for some period of time so invest some on that too. Well, I agree with you as we always need to focus on the coin which is stable. Right now the market is red but this will not be the same, also this is the best time to invest in crypto market. Researching will always help us.
|
|
|
Every coin is going through some dark periods but I am sure ethereum and many other coins will have an increasing very soon.
You are right, as the entire market is struggling to show it's best till date. Continuous price fluctuations has been a disaster, hopefully there will be a change as the last quarter is in progress.
|
|
|
I guess this may not happen this year as the eth value is sleeping for a while. There is no any specific change from the past few months, in my opinion it should have gone upto $500 till now when compared to last year but it is struggling to show it's best. Hopefully it may within couple of days as it is in the last quarter already.
|
|
|
I think it will take more time and importantly positive signals will help the crypto market as well as Bitcoin as attractive as 2017. When the ICOS campaign hot again and attractive home private participation.Maybe it will take 6 months.
Ah well you might be correct as there is no improvement in the CMC so far which seems to be like there might not a big price change this year. As ICO's are coming up with variety of projects. I guess it may go upto $13k by the end of the year when comparing with monthly basis. Still anything can happen over a night.
|
|
|
Ethereum is a strongest altcoin in cryptocurrency market it is pretty hard to see the value of coin now when compared to last season. continuous price fluctuations disappoints everyone. However it will slowly gear up and it will start trending. It's a tough competitor to BTC. Lets wait and see the game.
|
|
|
just looking at which market you are using, decentralized or centralist, if the market you are using is central, I think there are agents or government involvement or private institutions that control the sustainability of the market
Well if you say about centralised XRP is supported by bank and their popularity is increasing day by day, similarly XRP is much better in stability at this moment when compared with other altcoins. However decentralised are future stars in my opinion.
|
|
|
I think right now the crypto market is somehow on a pause. It happened before and I was expecting it to happen again because this is how the market works. I think in a very short time the market will recover again.
It's very disappointing to see the market as it still in red zone, well cryptocurrency has lot of features and specifications as it was skyrocketing last year. Hopefully it may cross atleast 15k this time.
|
|
|
There is no spesific date about the bull and nobody knows when it starts. the only thing that we know right now is, in 2020 we will see another halving which means miners reward will be decreased by 50%. and if the price does not change, the miners will stop mining it and the chain will stop. of course people won't let that thing happens, that is why in 2020 i can assure you that we will get at least another upward movement for more than 30% in order to keep the miners on the back.
You are right, everyone are desperately waiting for a bull run as the market has become a tragedy. Even mining is not giving profit as the value is very down, I guess the market price should atleast till 8k for a bull run. Lets wait and see.
|
|
|
Come on mate not only eth is down the Entire CMC is yet to show it's best. Do not spread false rumours like it will die, ETH is a rockstar today might be a bad day but tomorrow it will be future for lot of people's.
|
|
|
Well in this forum from the last two days a lot of news coming about China like they are blocking cryptocurrency also Jackma is going to leave Alibaba. These stuffs will definitely affect Bitcoin for sure. But it doesn't mean it will die.
|
|
|
Guys those who are planning to start mining kindly change your thoughts because you need to invest a lot of money also your electricity bill will be more than the profit you expect. Because the value is very low. I didn't mean it will not give benefit to you. Yes it might give you profit in future.
|
|
|
Jackma is a successful millionaire from online business, but unfortunately he always says negative things about crypto so I hope him ugly voice about crypto ends soon.
Well these Chinese people's will never believe this cryptocurrency nor their government did. They banned this trading in their country and here is a news about Jackma. I really don't understand why they are ignoring such a wonderful invention.
|
|
|
Yes, I agree with you. We must learn from last year. When at the end of the year (Q4) the prices of cryptocurrencies soared so high. Let's prepare ammunition again to get a lot of profit this year.
Definitely, last year was a lesson for everyone in this forum as well as for the investors, it was over the moon last year and most of the investors were so happy. I am still believing the same like last year.
|
|
|
We are all waiting for the bull run at the end of 2018. But nobody can say for sure, that the bull run will happen this year. The only thing we can do now is to hodl our coins and hope for the green market as soon as possible. But it is also possible that bulls will come first in 2019.
Same here mate, eagerly waiting for a bullish run. Continuous price fluctuations make anger, as everyone know trading is also known as patience and hodl coins in risky situation. So doing the same now. I still have lot of hope in this cryptocurrency the price will change in this last quarter let's wait and see.
|
|
|
No you should not give up so soon. Victories and defeat are part of the game similarly in trading ups and down are common. The best thing in this situation is holding to avoid lose your money, wait for your day mate things will be okay and you will get a good return if you be patiently.
|
|
|
Short terms are for this coin only. Lont term is very unpredictable for this one and its ability to be survivng is low I suppose so long terms are not about this one.
How can you that it is not good for long term investment? Any specific reason? Come on mate this coin is very promising in this tough market situation. I believe you would have heared about the last month XRP value, it overtook eth. It is growing slowly and it will become popular in future.
|
|
|
Now I am focusing to invest in ICOs. As a regular bounty hunter, I can realize which ICO is good and which is bad. Because I follow the most trustful ICO rating website Icobench, I have enough time to read project's whitepaper and look after at their community activity. But recently I realized Icobench's rating is not everything! I want to mention some ICOs name that had an impressive positive rating! But they couldn't raise even 1 Million USD! A project like FTEC, Enkidu can be a good example. What is the reason here?
When you invest in ICOs, what thing you take seriously?
I often react to the reaction of the community. Then I read the analysis articles on other people's projects. Sometimes the whitepaper is a bit confusing to understand. I agree with you that white paper are but confusing, you can check their site in social media and you can also check their previous successful projects. This will make you comfortable if you check these stuffs.
|
|
|
You have indicated important points. I agree with you. I would also advise you to learn how to filter the news about the coin and not to panic. Some news, just to induce panic and to weed out people. Therefore, we must always be on the alert and analyze the situation well.
Like you said the market looks scary and we are dependent on a bull run so that the market will gear up and turn hot. As the last quarter has started and still there is no change in CMC this makes everyone panic and lot of confusion goes either to sell it hodl. I will hodl in this tough situation I believe it will recover slowly and gear up again.
|
|
|
China has always tried to ban anything related to cryptocurrencies, They always do this but at the end you'll see that people in china are still freely using and promoting cryptocurrencies no matter what their government is saying. I wouldn't say that they can ban everything, They could only ban what they can't control.
Absolutely correct, I guess China government is not supporting cryptocurrency. It's really a sad news as they are the most populated country where you could see a lot of investors.
|
|
|
|