It will be like a rollercoaster ride for the bitcoin and there might be more bearish days to come but it will eventually recover. This up and down cycle of bitcoin price is not unusual becuase of its volatile nature tht make it fluctuate rapidly. The absence of positive factors and the dissemination of FUDs continues to bring down the price of the bitcoin with possibility of dragging the price of other cryptocurrencies down. Just hodl and wait for the possible ressurection of prices after the holy week.

It will depend on events that may come in the months ahead but it hard to predict how it will affect bitcoin and the cryptocurrencies and to what extent? The market need a positive event that could continuously boost the prices of cryptocurrencies even there are some people trying to spread FUDs. The July meeting of G20 summit for cryptocurrencies can possibly affect prices and if the outcome of the upcoming meets is favorable to virtual currencies, it might accelerate prices to higher level. But that remain to be seen and let hope for the best instead.

Presently active in bounty and some telegram campaigns and I'm aso looking forward to join the twitter and fb campaign soon. Everyday I spent many hours reading threads and making posts and I will continue to learn to improve the quality of my posts in the future. Joining the crypto trading is also one of my plans but presently I haven't some extra time to try it. I instead bought some coins for long term hold.

There is no such thing as late in cryptocurrency investing, you can always buy a coin in anytime you like but you need a proper timing. Always wait for the price of the cryptocurrency you chosen to go down before buying. There is no doubt that the right time to buy coins especially when you are investing for long term is when market is down or when majority of altcoins are in dip. The closest to ideal target price for buying any cryptocurrency is the dip.

Some string of positive news like the recently concluded G20 summit for cryptocurrencies boosted up the price of the bitcoin but it only temporary. The absence of FUD and other negative factors will also make price to rise but not significant. The bitcoin's price will continue to move up nd down until until the second half of this yeaf when another G20 meeting for cryptocurrencies will be held. The outcome of that future meeting will likely determine the price of the bitcoin.

Some shops in my country has already accepted bitcoin as a method of payment for their products but this progress is still low. The bitcoin's adoption for mainstream need further boost to accelerate it in the coming years. Bitcoin could also widely accepted only in wealthy countries like the US, Canada, Eropean Countries and in Japan in the year 2025 but not on many third world countries.

Buying a coin when the market is red is what I've been doing since my first day in trading. But it can also difficult if you are looking for price that is already bottomed out. Some traders said that this strategy of buying the dips works only in general bull market. In buying a coin during a market correction, we should try to look for virtual currencies that have asolid foundation and can hold up very well during market crashes. If you want to survive some future market crashes, put all the solid coins on hodl for a period of time until they recover.

Still the best thing to do when bitcoin price is dipping is to hodl until it go up again. Bitcoin is already known for its ability to recover even from a massive corrections. Try to research and read the price history of bitcoin and learn from it. Avoid being overcome by your emotion when its price is falling to avoid panic selling. Just hodl your bitcoin and patiently wait for its recovery.

It still depends on the number of participants, budget allocated and ranks. The number of participants will eventually increases few before the bounty ends. The use of many bounty mediums like twitter, facebook, youtube, translation, telegram and blog will greatly reduced the bounty allocations for every bounty participants. If you are high ranking member, you will also get more shares from the bounty.

One of my plans is to try daytrading someday. But since I have still no time for trading, I chose to hodl my bitcoin for long term profit. Trading is known to be risky and I still need more time to learn on how to do it properly to minimize possible losses in the future. Long term hold on the other hand is less risky, but you had to wait for many months before earning a profit. For the busy peope or investors, long term hold is right for them.

Those governments that blocked bitcoin and other cryptocurrencies might later follow the majority of the countries that allows cryptocurrencies to be use by their citizens for their daily transactions. But most of them might also imposed regulation and taxation while allowing exchanges to operate in their area. Some governments may allow bitcoin but legalizing it might take a long time before they approve it.

It is not possible because governments can also make their own cryptocurrency like what the government of Venezuela done. Bitcoin can be fully adopted into the mainstreams and can be use as one of the legal tenders but overtaking regular or national currency is still a remote possibilty. Furthermore, government will not going to allow any virtual currency that is beyond their control.

That will be a remote possibility because almost all of the powerful countries tend to implement more on regulation and taxation rather than banning cryptocurrencies. The virtual currencies aready recieved some positive statements from G20 summit for cryptocurrencies. The ongoing summit is set to discuss the potential impact of cryptocurrencies and also coordinate in the effort to eliminate dta gaps in the emerging market. The summit will also try to discuss about regulations and adoptation of some existing rules on the governance of cryptocurrencies. So there is no possibility that some of these powerful countries will try to stop bitcoin and other cryptocurrencies.

There are many reasons why there is always a move to frustrate bitcoin and other cryptocurrencies. Some banks and government consider the bitcoin as competitor or threat to their fiat. Other leaders fears that bitcoin might be use for money laundering, drug trade and other illegal activities. Some are also spreading FUDS against bitcoin in effort to lower its price and make profits later.

Down market happens regularly and this is a part of cryptocurrency's cycle of uptrend and downtrend. Still the best strategy is to buy coins during the dip and hold it while waiting for the bullish trend to happen. Price crash can't be avoided and you should have always a mindset for long term recovery. The deeper the dip of the price, the higher the uptrend.

Some governments like Venezuela are planning to launch their own cryptocurrecy called "Petro" in effort to stabilize their economic crisis. There are reports also that several central banks have already experimenting with their own versions of virtual currency. If a government creates its own cryptocurrency, its central bank would stand behind and promotes it because it is created by the state.

It is realy hard to predict the exact price that will reach this year. Maybe $50k is too high if bitcoin continues to be affected by many negative factors. Right now, the price of bitcoin is going down again after reaching the $11k level. While the price is dipping, it is also the right time a cheaper bitcoin. Many investors are waiting for this kind of price dip, the deeper the dip, the better the buy. Because they knew that bitcoin have the ability to bounce back higher than the dip.

Some countries like Singapore, US, South Korea and Germany are aiming to become the bitcoin capital of the world but Japan has aready made the most steps to become the leading crypto capital of the world. Japan continues to welcome cryptocurrency investments despite of recent hacking attacks in one of its cryptocurrency exchangers. Many crypto investments will surely finds its way to Japan because of its crypto-friendly businesses.

It's up to your capability to manage altcoins. Managing multiple altcoins might require more attention than managing few coins. Cryptocurrencies are risky and their price fluctuates rapidly but if you hold them for long term then it needs only little time by checking their price regularly. Mostly, when bitcoin is down the price of most of the altcoins goes up, others are being pulled down also by the bitcoin. Invest only in altcoins that have the solid growth potentials like ethereum, litecoin, ripple and other top coins.

I prefer to join bounty first and save more money before joining any ICO. Bounty campaign are also great source of tokens that can be use for trading and earn profits.There are many ICOs available but we need to research them first before investing to know the legit and avoid the scammy ones.