Cryptocurrency is known to be risky and highly volatile and many investors and traders had already lost some significant amount of their investments and earnings. These losses are mostly from their lack of knowledge on cryptocurrencies and proper ways of dealing with its volatility. Before encouraging anyone to unvest in cryptocurrencies, they should educate themselve first on cryptocurrencies, gain more informations on many coins and then encourage them later when they are already prepared.

When a would-be crypto investor has the mindset of get rich quick, patience is nowhere to be found in his head and this will often lead to significant losses in his investment  and frustrations when the price of the coins took a sudden dive. To avoid that, you have to be well-inform on the nature of cryptocurrencies and should have a truckload of patience if you want to be successful in cryptocurrency investing.

If I'm going to invest on some cryptocurrency, I will look for a coin that is already proven to give you profit in long term investment. Many of the coins in top ten ranking are good for long term hold like bitcoin, ethereum, and ripple. Making your own research in the crypto market will further help you in finding and selecting the best coin for your investment. You should take note that some coins takes time to go up and it always depend on factors that affect them.

I have to hold my coins for more months because the crypto market is still in bearish mood. I still have no time for trading in the exchanges because of my work so i have to plan for long term investment instead. I'll wait for the market to go up before planning another move for my coins and there are possibility that the market will become postive in the last three months of this year. The prices of many coins are still lower and affordable so it still a good opportunity to buy them.

Many of the investors especially the new ones tend to panic easily when there is a market fall. This negative emotion can lead to panic selling if the crypto market continue to slide down and investors should know that panic selling would make the market fall further. Knowledge of cryptocurrencies will make you stay calm so you should also take time to study the behavior of the coins.

No one can really predict the possible price of bitcoin and other cryptocurrencies in the future because it is unpredictable and always had an unstable price because of volatility. Many crypto analysts are trying to figure out when will the next bullrun happen but they failed to predict it accurately. So it might be better to monitor the market and study the price movement of the coins instead of relying on predictions.

A lot of coins are created or developed with only intention to get funds from the investors especially if the coin is clearly classified as garbage coin. This kind of coin might have value when it is first listed in the crypto exchanges and then later price dropped sharply and never recover. This kind of coin or token will eventually delisted from exchanges. It's better to perform a thorough research before purchasing any coin in the market.

It will be impossible for the bitcoin to control the world economy unless it is globally adopted and legalized by all governments and became the only currency to be use worldwide. Bitcoin could become the no.1 global online currency in cashless transactions competing with the digitalized currency of every country so it can't successfully control the world economies.

You're right and investing in bitcoin or any cryptocurrency need preparation also while taking the risk.. Risk can be lessened if you prepared by educating yourself first on cryptocurrency and its markets. Risk takers should have enough knowledge on the risk they are willing to face and should not take it blindly or unprepared.

It will still depend on the investors and whales if they to pump the bitcoin in the remaining months of this year but duplicating the bullrun last year may no longer possible if the bearish market continues until the fourth quarter. The possible approval of ETF can make the price of the bitcoin to surge but it may not able to create bullrun this year.

Many of the altcoins will survive particularly those created with clear purposes like ethereum, ripple and neo. But a large number of them especially those that created only to create a wealth or enrich their owners will surely go extinct after several years in the exchanges. It's better to make your own research first on any cryptocurrency you like to invest before buying it so you won't regret it later.

Many governments are still not inclined to legalize bitcoin because of its decentralized nature. They are used to control the currency they issued and other financial services of the country. Japan have already legalized bitcoin but at the same time imposed some regulations and taxation on the cryptocurrency exchanges that are operating in their country.

Cryptocurrency can't solve problems that related to socio economic unless every man or woman is determine to improve life through work or employment. Everyone must make a move to uplift his/her socio-economic conditions by utilizing his/her own skills and strength and not by pinning their hopes on cryptocurrencies.

Although it is already considered by some people as obsolete, investors keep on buying it because it is still profitable and many people still earn a lot of money from it. It has the largest market capitalization and a value that many cryptocurrencies are to reach but all of them failed. The bitcoin dominance will continue as long as people believe in its capability to solve their financial needs.

It is still part of cryptocurrency cycle of ud and down although its price dropped significantly. Ethereum is promising coin equipped with better technology like smart contracts and a platform where developers can make their own applications. The ethereum developer is also active and continues to find ways to further improve his cryptocurrency.

During bearish market where both bitcoin and the altcoins lost their values many times. But I believe that the present price of bitcoin is still high, not very low and only well-funded investors can afford 1 bitcoin. But nobody know when will bitcoin become lower and affordable again because anytime its price will go up again.

It is hard to predict an unpredictable thing like bitcoin and other cryptocurrencies. Nobody can predict exactly what will happen in the days ahead so it's better to monitor the market often to keep you updated on what happening in the crypto market. The $50k to $100k forecast price for bitcoin will be depend on positive factors that may happen in the future. I don't predict the future prices of bitcoin, I monitor it instead.

Bitcoin can provides help for a country that experiencing economic problems only if the government decided to adopt it and use it as one of their existing currencies. People in the country should be allowed to use bitcoinin their daily transaction to help them overcome their financial difficulties. Other countries like Venezuela has created their own coin instead of adopting bitcoin.

If you want quick profits then try the  high risk crypto trading but you must learn the proper way of trading first. A lot of traders had lost some significant amount of money before they become successful in their trades. Some investors opted for long term investment where the risk is lower than trading but you wait longer until the value of the coin go up. Before investing for long term hold, you should find a coin first that is suitable for your long term investment by researching them. It a smart thing if successfully bought a coin that give you sure profit in the long term.

Until now, bitcoin hold the majority share of the cryptocurrency market, dominating it with more than 50% with many altcoins holding the remaining shares. But this market share of bitcoin will not stay that high, when the whole crypto market become positive again majority of the altcoins start gaining their value, some funds from bitcoin will go to them, decreasing the market share of the top coin.