In general, I stopped trusting ICO projects back in 2018, and if I were you, in December, it would be better to buy just altcoins, which have great prospects. If you want to invest in ICO, then choose them very carefully.
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I don’t believe in $ 300,000, but Bitcoin could go up to $ 50,000 next year. Buyers are much stronger this time than in 2017. The main thing is to break through the important level of $ 20,000.
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The season of altcoins will definitely be, after such an increase in bitcoin, but I think that not all altcoins will grow, but only top ones, which really have some kind of product and are developing.
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I can recommend the binance exchange for this, a lot of people trust it, this is the top 1 cryptocurrency exchange in the world. And most importantly, with small trading volumes, you can not go through the KYC procedure. This is not necessary for the withdrawal.
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Ripple has grown so much just because of the upcoming SPARK airdrop on December 12, and it didn't even get to $ 1 on this news. So I don't believe it will go up to $ 10 in 2021.
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I agree, all these useless altcoins are very much littering the crypto space. You can easily accept payments in Ripple or Litecoin, for example, but everyone wants to create their own token, without realizing that it will cost nothing.
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This is theoretically possible, in practice the new coin must be very cool so that investors want to invest huge amounts in it, which will be enough to overtake Ethereum in capitalization.
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This is a very strange situation, most likely you still made a mistake in the price or the exchange on which you were selling faded for a second, by the way, I had it once. You can try to write in support of the exchange or application on which you were selling.
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This is very cool, the end of 2020 is straightforward with an abundance of good news for cryptocurrencies! This will most likely allow Bitcoin to rise above $ 20,000. But you need to understand that someday this will be replaced by bad news, which is still silent.
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I agree that it is very important for a trader to be able to tailor himself to the situation in time, to change the strategy when it is needed and in general to be constantly ready for market changes.
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I hope that someday this will happen, but it will most likely not be soon. Bitcoin now occupies too much of the total cryptocurrency capitalization, and something very serious must happen for this to change.
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I agree, mobile wallets are very convenient nowadays, but it is not necessary for every project to have its own wallet, you can use, for example, Trust Wallet, which supports all coins.
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The best way to preserve your money is to keep it in cold wallets that only belong to you. To be honest, I do not like the idea of DeFi at all, I would rather keep some of the money on well-known exchanges, for example, on binance.
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I have not come across such a strong ignorance, basically, if you ask people about cryptocurrency, they will answer that they only know Bitcoin. Nobody really knows about altcoins. But I'm sure this will change soon, possibly as early as 2021.
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The current pandemic will definitely make adjustments to the cryptocurrency market. And these changes will most likely be positive, as more people learn about them and start investing in bitcoin.
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I don’t think it will ever happen at all, but if it does, it will not be soon. In order for altcoins to supplant bitcoin, their dominance needs to grow above 60%, now it is only about 30%. But I really look forward to it happening.
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I choose bnb for myself, as binance is constantly promoting it, introducing different types of earnings on the exchange, in which bnb is always required. And also, binance burns coins every quarter, thereby the supply decreases, and the demand increases.
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Personally, when trading, I save the earned interest in order to be able to average in the future if the coin I bought falls. Thus, I distribute risks and insure myself. I advise everyone to do this, and not to let all the money earned back into work, since then you may be left without any free money at all.
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I would not rush to this, nothing is clear about bitcoin yet. Altcoins are worth buying when Bitcoin starts to rise again or when it drops to $ 15,000. I am currently sitting in USDT and watching the market.
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Don't worry, soon the gas price will return to its place and become cheap again. It has now risen due to the sharp drop in Bitcoin and Ethereum. By the way, the price of bitcoins is already stabilizing a little, as is the price of gas.
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