Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
The price projection for Bitcoin was not achieved last year as bitcoin traded far below $10,000 during the year end. There are new predictions for this year which suggests that the value of Bitcoin would increase above $20,000 this year. The year looks promising for me as there are several events. I only do hope that the predictions for the year materialise. |
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We can't say for sure, what is being experienced in the market, but in my opinion, It's a bull run which is gathering momentum for the flight. The bull run has been long anticipated and its great to have the bull run back. The value of Bitcoin has been increasing steadily and this shows that more people are coming into the fold.
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I'm in agreement to the predictions of binance coin experiencing an increase in price, I'm not certain of what percentage, but I do believe that the binance project is commendable and have the potential to give holders a good returns during the year. We all need to be patient and calculative in our investment choice.
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There's a huge possibility that the price of altcoin would be greatly increased if the value of Bitcoin rises as predicted. There's a unanimous believe that the bitcoin halving event which is expected to take place this year would lead to an increase in the value of Bitcoin and this may also result to the increase in the value of altcoin.
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This move by Japan to issue out a national digital currency would be beneficial to the cryptocurrency industry. It would bring to limelight the existence of other digital currencies and more countries would see the need to work in that light. We all know that Japan is on a fast lane in the emancipation of her citizens from fiat.
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The issue of ICO legality is dicey. I know several projects don't allow investors from the United States to invest in their projects. This is simply because SEC could prosecute any project who plays a fast one on united States citizens. The arm of the law is very wide from the United States and could reach out to project owners irrespective of their country of origin. To avoid this issues with the government of United States, they exclude the United States citizens.
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There are several projects whose existence is a mirage, some of these projects are strategically placed to rip off investors. They give the impression that they legit and they pump the coin to attract more persons to the project only to dump on the holders. This is getting more popular in the industry and we need to be watchful and careful about our decision.
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There is no doubt that the cryptocurrency industry is faced with a huge number of scam artists who utilise pyramid schemes and multi level marketing structures to swindle investors and partners in the cryptocurrency space. Its a candid advice for all to be very careful in their investment choices to avoid issues like this.
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It's a good development that several online platforms and stores are adopting cryptocurrency as a means of payment. This is a good start and before long many more platforms would be coming on board. The Cryptocurrency industry is gaining more popularity with this level of exposure and we hope that more stores adopt the cryptocurrency
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
In my opinion, the movement in the market is not always artificially induced, it could be organic or simply based on the forces of demand and supply. The bull run has been anticipated for a long time and this could be a sign that the bull run is getting closer. We need to appreciate the increasing value of cryptocurrency and hope that the bull run meets us with good tidings. |
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In my opinion, nothing seems to have changed. The Cryptocurrency space is getting more vulnerable and gullible investors are consistently been cheated by the project team and tokens are dumped at the slightest opportunity. The best way out is to learn from your experience and past mistakes.
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I feel glad when I see countries making regulations which are supportive of the cryptocurrency industry. There are many more countries coming into the fold as they are beginning to realise that cryptocurrency industry is technologically driven and would have several futuristic benefits to the country and world at large.
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I have this personal affinity for ethereum and I believe that it would be the hottest altcoin for this year. The issue of ethereum 2.0 would bring greater flexibility to the ethereum protocol and lead to greater growth in the value of ethereum. I envisage substantial increase in the value of ethereum during this year.
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FUCK!!! FUCK!!!! FUCK FUCK FUCKITY FUUUUUUUCCCCKKKKKK!!!!!!!!
I've been watching the price of LTC slowly dribble downwards, and it got down to $37. I was planning to buy more LTC below $30.
Then something happened, and prices are bouncing all over the place! LTC went to 40, 45, 50, 55, and now 60!!!
WAITAMINUTE!!!! I didn't buy more LTC yet!!! Go back down below $30 to maximize my profits!!!
DAMMITT!!!!!!!
LOL, issues like this is understandable by every one of us in the industry. There is always a desire to purchase tokens at a low price and maximise one's profit. The best approach is to buy in bits and set the prices to fill at different price range. |
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There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
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The centralised exchange is certainly not the best place for storing ones cryptocurrency, and the issue of people loosing their funds to exchange is quite unfortunate. I recall Last year when binance lost 7,000 btc to hackers which is quite a substantial sum, but that didn't affect the users funds.
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When it comes to holding cryptocurrency for long term, it's wise to hold only coin whose foundation is strong and could withstand the volatility of the market. I personally think that projects whose market capitalisation is substantial are the most likely pick for a long term hold I would prefer to hold coin like bitcoin, ethereum and litecoin for a year.
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Hi All,
I love this community and what it stands for, so im wishing to start a new project similar to Bitcoin but with some differences. What kind of features would you like a new Coin to have? As this is a community project, i will try to pick whatever features and name you guys want, please let me know.
*edited*
I personally believe that the cryptocurrency space is saturated with diverse projects and concepts which has rendered the value of altcoin almost worthless. Several people are no longer considering the fact that they can invest in altcoin because is too rampant. My advice is that we suspend making new projects and focus on the development of the projects we have in the space. |
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