If I have some $7000 to invest right now, I would not even be asking for opinions. I will just head straight to coinmarketcap; take a whole day to study each of the top 100 coins and then place priorities on them based on their viability, the team, the product, and the chances of them having a lot in the long run.

I will also want to place some tag on their present value and the chances of them taking huge dips in the future below where they are just in case anything happens. That would be my own way though. By the way, POWR and ARK are both good, they are still in their lesser state, so still a very good buy.

I am really surprised, although I have heard most newbies now prefer alts that would give them over 1000% increase by buying now at their dips as long as they trust the project than holding bitcoin that could drop anytime from the amount they got it.

Everyone knows what works for them and I really do not blame them, but at the same time, it is necessary to understand the risk of holding Alts though.

Those who saw the essence of their investment and what it would be for them in the long run and those who saw the benefit that bitcoin would generate in the long run are really the ones getting the huge blessings now. Some new investors now are just out for the money and once they no longer consider it a blessing by not knowing the main benefit of bitcoin apart from being an asset, then they will really not find it well.

Short term can only be done when you are a good trader and you know what you are trying to do in the process of getting some coins for the long term as well for storage. I prefer both. I make use of short term for quick profit and buying back for an entry that seems right and then keep doing that and while using the profit to save up some part of the coins for the future.

Splitting into at least 10 projects sounds great and for me I would rather go for an established project that is undervalued than a coin that is already pumped in the market. Take a look at the team, the project itself, and the charts to see if you are buying at the dip after checking through some history. It is still a good time now as some good coins have not pumped yet.

We must just do some research, look for a very good ICO and then invest in it. If we are lucky enough to hit a very good one, we will definitely be making a lot from it in the long run and if we do some shortcut stuffs and get to hit a shitty one, then consider our little fund gone. Jokes apart though, once we have a good team and a good project, we can be sure that we can grow fast with our capital.

Just spread your tentacles bro. That is a huge amount to want to put into cryptocurrency and I am sure you can still at the same time afford to lose that, not like I am trying to scare you or something. Make use of coinmarketcap and try to invest in most of the coins you feel sound reasonable after doing some research about them.

Put a larger chunk in the top 10 coins, but still do some research as there are some I would not really bother about personally, but since you are out for the profit, they all do not seem bad.

Yeah, proper knowledge is extremely necessary and it is best to not try to take shortcuts.
Some though may not really have much time to do analysis themselves, so they pay traders who have the time, and then they make the trades from their analysis and they still have an idea knowing that they just do not enter a trade and put in emotions.

My point is that, you should rely on yourself more and that can only happen if you learn.

The studying part is the aspect most newbie traders do not want to take. They are not ready to learn, they are not ready to listen and they are not ready to research which makes them to keep doing the same thing over and over and over again expecting different results. The fact is the volatility in the crypto world cannot change but rather than making it a negative one, it is good to look at the brighter side from the trading angle of it.

It is not a long time. In fact, bitcoin has been introduced only a few years ago. Things need a lot of time to get settled. There are number of issues regarding spending of bitcoin at various locations right now but we should always hope for the best.

I am very much confident that bitcoin will for sure make its good name in the future and the use of bitcoin will be very much common all over the world.

Yeah, I agree because most of the people trust bitcoin the most and that’s why they invest only in bitcoin. There are many other currencies in the market and now people have stared investment in other currencies but there is a lot of gap between bitcoin and any other currency. No other currency could be compare with bitcoin. Other currencies are in dollars less than 100 or 500 while bitcoin has reached almost 20,000 dollars levels.

In my opinion social media has great influence in the success and growth of bitcoin, because many people still in the world do not know even the name of bitcoin but when they use social media and they see bitcoin and understand it. They will take interest and will invest in it because everyone wants to make money easily and bitcoin is the easiest way of making money. By this way the market cap of bitcoin is growing.

That is a valid point! Yes, in as much as the good sides are there, the bad sides are also there. This is a decentralized currency and if everyone decides to start making use of it, abandoning the fiat system, regulation could be very hard. The reason why regulation is still a bit easy in some places now is because one way or the other, we can still convert to fiat.

In a system where the P2P transaction is solid enough, then we should see so many people trying to evade tax, but I still feel in a way this can still be controlled and after all, in some places, we have property tax and if people are doing well, that should really help.

Work would really become uninteresting but at the end there would still be a need for some professions anyway. It might look that simple but the robots will still need some servicing and there would still be the need to have humans around to get some jobs done, but looking at the large scale of those that will end up retrenched, it is really a huge bad side to it.

It is just the way life is. If you get a solution to do something better, someone somewhere will definitely be affected which is why the necessity to improve oneself and not to feel too comfortable in one's zone is very necessary. A lot of people are already losing their jobs and there is no doubt to it that a lot more will keep losing as robots keep doing the job.

For anyone holding for the long term, there is usually nothing to worry about that much. This is a market with then tendencies of rising and falling every time and anyone who is bound to keep that in mind all the time will only end up doing themselves bad by making some bad investment decisions.

Most of the coins the Op have mentioned all have a good future, patience is all that is required, like the patience I had with Eth and LTC since earlier this year that has paid off hugely.

If we see the rising price of bitcoin which reached almost 20,000 dollars then it is difficult to say that not only altcoin but any other currency cannot beat bitcoin. The most important thing is the trust and profit and people all over the world trust bitcoin the most. That’s why it is going high and high.

Probably in the future people take keen interest in altcoin because the price of bitcoin is so high that many people are unable to invest in it.

In fact, 70% is a lot huge already and anyone doing that is already taking a huge enough risk already. It could be worth it in the long run, but one thing to note is that as much as it could be worth it, something shitty can also go wrong. However, it is a good thing knowing that the crypto space is gradually getting established, so it can still be something of a risk worth taking, but not all in.

At this stage, every smart person should even know better than to transfer all their savings into cryptocurrency. That is just like an absurd thing to do considering that it is a lot of risk to take. The reasonable thing to do is never get greedy and only put in something that you can consider easy for you to lose. Anything can happen and even with the level of optimism, wisdom is required.

Good news from the devs usually help coins a lot and I try as much as possible to set a notification on every single twitter account of a coin with a good project and product as that is something to always look forward to.
Everything is based on the market and there is no way one can really make a prediction unless there is news backing the price to being pumped or the chart speaking some languages we understand.

Seems your brother must be a pretty good and experienced gambler and he has some self-control to have told you to stop seeing that luck was not on your side. That is what most people do not usually see at first and they just want to keep going on and on. Gambling is all about luck and I really did not have a good experience with luck as well at first when I started gambling which was what really made me to stop anyway.

Hard efforts always gives you a better result. Doesn’t matter either it is gambling or trading or any other chore related to any walk of life. Whenever you put your maximum in something, it just turns out to be amazing with most efficient results. Things are always there for you, need is only to make some better strategies so that luck is your way to welcome you and happiness is there for you.

It was not really easy for me too. The whole journey for me also started with a faucet back then and funny enough those faucet earning have really turned out to be abit huge now after deciding to save them.

I never really got the straight clue until I started telling myself how much I have been wasting my time on faucets, but all before that, the media has done so much job in raising huge awareness about bitcoin and that really helped. Happy to be here now and I am sure the future is still very bright.