I think it should be able to reach this amount in the next 2years or even towards the end of next year. It is a good crypto and gradually if it gains more popularity and more people invest big into it, then it can help increase the price it is presently, it was once above $1.
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Although there are lot of scam project in crypto now and one need to e very careful before investing or joining a campaign in other not to waste time and not get reward but for me, I take my time to participate I bounties where they have very good and clear whitepaper and I also study the roadmap. I also check the manager and do a very good research about his previous work and achievement in doing bounty and since I have been doing bounty or signature, I have gotten good rewards and also made profit after they get listed for exchange.
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I will suggest that the best altcoin to invest in 2018 irrespective of how low the price might be now because of the bear period, they will rise back when the market recover because they have good potentials. The coins are Eereum, neo, wave and litecoin.
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indeed bitcoin and altcoin are almost all down, no matter all may give opinion, i believe bitcoin will rise soon from his death I agree with you and also believe potential altcoin will also rise as soon as bitcon does. patience is needed in the current situation of crypto market to avoid big loss. I definitely agree with you, indeed patience is really a good virtue in many aspects and it applies here in crypto business. We are now experiencing a consisitent drops in this business and it really gave a negative thoughts to the people. However, even this drops i still believe that it will really rise this year. I also agree with you on this, with patience, we can earn alot and I believe when the market recover from the bear period and the bull period comes in, the price of coin will rise beyond expectation. It may take time maybe towards the end of the year but I am very sure it will rise.
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Apart from bitcoin, coin that I think will go to the moon when the market recover and the price of coin is growing are ethereum, NEO, LITECOIN and ripple because these coins have good rising potentials and they have good blockchain technology.
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Although icos are risky but there are still some of them that are worth investing in. If you feel you have spare money to invest in ico, take your time to do a deep research about the project and be convinced the it is a good one before you invest in it.
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I think it is good and more profitable to buy in deep because the price will be lower and it would have increased by the time you decide to sell the coin, though it is good to buy and hold as the price might dip more but it will rise when the market recover from the deep.
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Binance is a very good exchange and has better potentials and features than the bittrex because it is faster in processing transactions, safe and more reliable.
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I think it is very good if you can invest in both coin because they have potential and are very good coin for hold and you will earn reasonable profit from them but if you think you do not have enough fait, you can invest in bitcoin and hold till when the price is high enough for you to make profit.
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You can find interesting icos here in the announcement section in the bitcointalk forum, ico related sites and also on social media platforms. But it is always good to do your own research about the project before you go into it.
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To get updates/ news about crypto or a coin that I have in my portfolio, I visit the coinmarket cap, coin desk, I also go to announcement section in the bicointalk forum to get information about what is happening. There are many sites you can use to get this information.
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Investing in cryptocurrency can be of high risk especially if you make wrong decision of coin or project to invest in and at the end, they are scam but if you take very good precaution to choose a potential project of coin and you have a very good strategy of how long to hold your coin, yo will make profit. In life generally, you need to take some rich in other to achieve greatness.
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Yes, this scenario happen especially with ico and bounty and that is why it is very good to be patient when choosing a project to invest in or a bounty campaign to join as many of them are scam, some don't even reward participant after the campaign ends and then give excuses. There are some good bounty and ico but you need to do a deep research about them before you take part in it.
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If the altcoin is a very potential one and can survive no matter the fall, I think it is better to hold them because fall is temporary and the price will rise again but if it is not really potential and you are not sure of it, you can sell and invest in another stable and more potential coin. You can also sell if you are in need of the cash and you cannot wait for the market to recover.
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You have done a very good research about most of the potential coin and I like your thought about them but I suggest bitcoin and ethereum for hold on long term because of the potentials they have moreover, based on your research you should be convinced about the coin that s good for hold for the period you choose and you can split you cash averagely into both coin or 60-40% depending on how you want it.
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I am not sure this is the year of altcoin because the market has fallen so bad and all coin are down to a very low price even the most potential coin bitcoin and ethereum are also down and I do not believe they will bull up immediately the market recover. Altcoin will need time to recover.
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I do not think the market will collapse even in the coming year. This period may be a bearish period but it is for the main time and the market will soon take a better shape and begin to rise again. You do not need to panic and wait patently for the market to recover. Crypto will continue to be more accepted and will become stable.
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I will prefer to hold coin from the top 20 and hold for long term if I want to invest in a coin and hold because this coin have more potentials and they can increase in price faster than other coin thereby increasing the profit by the time you want to sell any of the coin.
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You can increase your bounty earning by participating in as many bounty as you choose as long as they are potential projects, join a signature campaign and put more efforts to get rewards and improve in your participation in the forum to get a higher rank to qualify you to earn higher rewards. You can also reinvest in another project after getting a reward to increase your profit.
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Bearish trends have been dominating the market since mid-Jan. Is what we are seeing a sign of investor confidence finally breaking?
Nope. The confidence of the new investors are the ones that are being broken. But to the experienced investors, we remain confident as the market is starting to establized. If it won't make its reocvery through this month, we've got plenty of months to wait. No sign that the market is going to recover but as long as it has a good bottom price, there's no problem with it. This is true because that is what is actually happening in crypto now that the price is falling, new investors are scared therefore selling their coin buy experienced investors are calm because they know the market will recover and price of coin will rise.
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