Ethereum is the only coin I have trust in that is going to the moon this year. It has nothing but great news lined up for itself. With sharding, POS and Plasma coming no other coin has so much in development being done. This is the time to buy the dip and get nice returns in just a few months.
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Cryptocurrency is a high risk and high volatile market. Always expect the unexpected and before buying always expect that the price of the coin could halve anytime. Thats why you only invest what you can afford to lose.
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Looks like this is your first bear cycle. You can't expect something to just keep on going up in price. It is going to fall one day and that day is now. If you don't believe in the projects you invested than you can quit but if you believe in them then quitting now would be foolish as your are going to lose your hard earned money.
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No matter how many points you take care of ICO is the riskiest investment you are going to make. The current ICOs are nothing but pretty white papers with just copy pasted content in them. Why play with your hard earned money when you can invest in safer bets?
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The alt markets have already crashed and I think the prices are at rock bottom now. If you were waiting for a point to get into the crypto market then this is the time now. You wouldn't find a better time than this to invest some money into the alt market.
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Your news was actually quite right as Ethereum is in the $400 range again. Lets hope it doesn't goes below the $400 mark. As we should expect panic after that and a flash crash. Ethereum is the coin with too many positive news coming out this year. So I would expect it to not go much below this price range.
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I will wait for at least May month to pass before guessing anything. As the market usually recovers in the April and May month. If we are in red even after those months than only God can save us. You can expect a full blown bear cycle for the rest of the year then.
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Seriously speaking, no one can guess that. If someone is telling you when the markets will recover than he is full of shit. Always expect the unexpected when it comes to crypto markets. Mostly the market recovers when the bitcoin price stabilizes, but when thats going to happen, no one can predict.
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The price of Bitcoin is correcting currently and hasn't corrected completely yet. And regarding the break even point, the ones who aren't able to generate a profit are going to stop their miners and thus reduce the hash power which would reduce the competition and lower the cost to mine bitcoins.
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Bitcoin was created as a solution against the centralized government currency which is under the control of banks. Bitcoin is a decentralized currency with no single entity having control over it. This was Satoshi's vision when he created this coin, as he wanted something that the governments or the banksters wouldn't be able to control.
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Yeah, unless this is the end of the crypto world. The crypto market is too big now to not recover again. The answer to this question few years ago might had been maybe but now its a definite yes.
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Buy later on exchange. With the way scam ICOs are launching, one should stay very far away from the ICO mania. Its all good and glory until you lose your hard earned money.
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After five years I cant be sure but maybe the flippening might have happened. There would be dozens of tokens with more than a billion dollar market cap and being used in real world.
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Nano If you don't know what Nano is than it has fee less and instant transactions. If you realize the value of that than you should invest in this coin.
OmiseGO With plasma coming its going to skyrocket the value of this coin. Plasma will take the number of transactions OMG can handle to astronomical level.
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This is good news for crypto as it will prevent those scam ads from running now and prevent new users from getting scammed or phised.
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Hodl NEO for long term as you will also earn Gas from it. Also you will earn nice return due to increase in price after hodling for such a long time.
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Yes it can. Dont know where you get this false information from. Even if it cant than you still import the private keys you got from my ether wallet.
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This isn't the first time bitcoin has dropped in price. After every rally there is going to be a down trend. These are corrections that are actually goof for the market as it will let market decide the right value of Bitcoins.
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NO, Ethereum is a coin which is way undervalued in comparison to what other shit coins are valued at. Currently, there are hundreds of tokens and dApps being developed on the Ethereum platform which gives Ethereum tremendous value.
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No altcoins don't suck. What sucks is them still tied to the price of bitcoin. Alts like Ethereum need to detach themselves from the bitcoin price. Just wait for bitcoin to stabilize in price and you will no longer have this feeling.
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