Honestly, do you guys think cryptocurrencies will be gone anytime soon?

[s92225]

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

[pooya87]

invest in what? altcoins? no never. at least not as long as there isn't any altcoin worth investing in. until they start creating projects that are innovative enough to have some sort of long term potential, i don't see anything changing for altcoins being pump and dumps.

in bitcoin? of course! bitcoin has long term potential as its adoption is growing and more importantly since the adoption that has happened so far is still so tiny (less than 1%) and it is actually used in the real world not just traded on exchanges!

[s92225]

Yes, I mean cryptocurrency in general, I have been only buying bitcoin so I didn't know about any other altcoins. It is so tempting to invest in them when you see 3 4x price increases.

[tbct_mt2]

Invest in crypto currency is not bad option if you compare to investments in other traditional assets like Gold, stocks, bonds, etc. However, the point is which one to invest all or most of your capital?

It is definitely that investors never should invest all of their capital in only one asset, even bitcoin.
My advice is:
- 70 to 90% of your capital should be allocated for bitcoin investment.
- 10 to 30% of your capital should be allocated for altcoin investment.
For the portion of capital allocated for altcoins, you should divide them into two parts:
- The first part: 70 to 90% of them for top altcoins.
- The second part: 10 to 30% of them for new altcoins that you see kinda potential from them. Remember that part is for highly risky investment.

[Bttzed03]

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year.

The hype train was long gone after the 2017 bull run.

I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Since you already mentioned that you have been buying bitcoin only, maybe it's a good idea to just stick with that plan. There is a slight chance that we see altcoins pumping 3x or 4x again with the increase of bitcoin's dominance.

If you still insist on altcoins, you can follow tbct_mt2's suggestion. If you're going to ask what altcoins you should invest into, it's probably best to just look on your own because you might end up with people shilling their own bags.

[dimonstration]

Invest in projects you only understand, altcoins are more risky than bitcoin. Bitcoin is always good to invest as long as we are willing to wait and didn't bother too much in prices since we wanted to invest it in long term, for me it's the safest way in investing cryptocurrencies than researching other cryptos or new projects that needs to be monitored every now and then.

[s92225]

Invest in crypto currency is not bad option if you compare to investments in other traditional assets like Gold, stocks, bonds, etc. However, the point is which one to invest all or most of your capital?

It is definitely that investors never should invest all of their capital in only one asset, even bitcoin.
My advice is:
- 70 to 90% of your capital should be allocated for bitcoin investment.
- 10 to 30% of your capital should be allocated for altcoin investment.
For the portion of capital allocated for altcoins, you should divide them into two parts:
- The first part: 70 to 90% of them for top altcoins.
- The second part: 10 to 30% of them for new altcoins that you see kinda potential from them. Remember that part is for highly risky investment.

That is some solid advice you have right there Sir！　Appreciate that !! Where do you guys manage your trade btw? Excel sheet?

[febriyana]

Something hype will run to die condition, maybe.
Yes that is possible, cryptocurrency can gone soon.
But i think the cryptocurrency still there, only the price will gone. If we see before hype, Bitcoin already used for buying something criminal, so that is advantage because no one can kill Bitcoin. I am still confidence the Bitcoin price now is still cheap than in the future, so still hold it.

[elda34b]

Appreciate that !! Where do you guys manage your trade btw? Excel sheet?

What kind of management you're talking about here? Is it tracking loss and profit? Excel is probably the best, but it's not automatic. You can use some bot that supports similar features if you want automatic tracking. If not, and you're talking about placing stop-loss and target, I think most users stick to 20%-10% or 2x3 strategy and do it daily without making notes for every trade.

[Lucius]

Yes, I mean cryptocurrency in general, I have been only buying bitcoin so I didn't know about any other altcoins. It is so tempting to invest in them when you see 3 4x price increases.

It's actually good that you're not familiar with the world of altcoins, and that you only invest in Bitcoin. By doing that you reduce risk, and maybe even make some profit since you buy from the beginning of the year. I think you should focus on investing only in Bitcoin, but maybe 10% of your money can be used to play with altcoins.

When you say x3/x4 price increases, it is true that some coins can go up in value, but most of altcoins in the top 50 are fairly stable and in the short term is not realistic to expect some great jumps. What you can try is that you find some relatively new coin which is very cheap, but it has a good team who will probably pump that coin value. This is very risky trading, and most of those coins have no purpose other than just a pump/dump scheme.

Just look at the following link for an example, but know that none of the listed coins is not my advice for the investment

https://coinmarketcap.com/gainers-losers/

[CryptopreneurBrainboss]

We're all enthusiast here and only hope bitcoin could last as long as it can and probably dominant the currency industry someday. No one can't predict how long or how soon the currency will last that's why we're always advice to invest only funds we'll ok with losing which differs made on individuals preference. It's been 10 years already since the creation of bitcoin, most "so called" economist or professionals didn't believe it could last this long but it did and same fate holds for today doubters. Cryptocurrency (especially bitcoin in particular) isn't going away anything soon.

Did a thread titled; Altcoiners, don't give up yet. Bitcoin can't do it alone. and that's my honest opinion. Both market compliment themselves although bitcoin is more favorite above others. Invest more in bitcoin but don't neglect the altcoin market although that doesn't mean you should go wasting your funds patronizing any project you see out there.

[GSpgh]

First of all a cryptocurrency can't really be "gone" as long as there at least one node. Even if for example it gets stranded with high difficulty and no miners/stakers someone can still fork it and continue the blockchain.

As far as investment opportunities... I have a somewhat inflammatory thread on the altcoin board telling everyone to sell their coins: https://bitcointalk.org/index.php?topic=5190104

The most common response is something like "I have these coins/tokens that I don't want to sell at a loss and I'll keep them in case they go up because that has happened in the past". So I think greed and this unfounded hope will keep the market going for a while against any rational thought. But the chances of hitting gold are so slim tho that you're better off gambling in a casino.

Check "top" coins from 2014 and compare investing in those vs investing in BTC when it was $200-400. Keep in mind that you couldn't see the future so you'd have bought some random "diversified" basket.

[UserU]

Last year was the Great Depression of cryptos, even surpassing the Dot Com boom. But look at this year, they recovered pretty quick.

Besides, cryptos have lots of real-life usages, so they won't go anytime soon.

[leowonderful]

There's likely going to be another massive train of hype when BTC and other cryptocurrencies start going up again and people begin noticing cryptocurrencies more and more similarly to 2017, but there's really no good way to predict that at the moment, and people are likely going to be more pessimistic about investing into crypto as a whole after what happened after 2017. I'm not a big fan of altcoins, but I would definitely suggest dollar cost averaging into Bitcoin with some of your disposable income if possible. Bitcoin might continue dipping in the short to mid-term, but you should be fine as long as you're not daytrading.

[Bitkoyns]

Cryptocurrency will be gone soon? For sure not. Things like cryptocurrency that is not controlled by anyone or the government will be used and loved as time goes by. Lots of people love their freedom specially in terms of money and they can find it on cryptocurrency. For investing, you can invest now if you want but no one can push you to believe.

[abel1337]

First of all a cryptocurrency can't really be "gone" as long as there at least one node. Even if for example it gets stranded with high difficulty and no miners/stakers someone can still fork it and continue the blockchain.

I agree, someone who invested until now see the potential of cryptocurrency won't going to back out now especially that crypto is slowly being adopted by the world. Imagine before there was a great depression on bitcoin around the last quarter of the year 2013 that bitcoin was valued around $1000++ and in the last quarter of 2014 bitcoin was priced at $300++, This is proof that bitcoin will keep its position no matter how dumped it is. Miners today won't leave especially that they have the complete gears already to able to mine bitcoins.

[MFahad]

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Hype train was slow in 2018 as there was a totally bear year for crypto. Both the altcoins and bitcoin kept on dumping till the year end. But thie year started good where we saw some good movements in the altcons and then bitcoin started a major pump and crossed 10K which no one excepted. Everyone was thinking the 6K level will be difficult to cross and may take many months to cross it.

Although alts started dumping, but it was obvious that when bitcoin is flying high, the alts will have no place. I am sure the hype is back on and we may expect a small bull run in altcoins as soon as the btc stabilizes.

[JohnBitCo]

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

Do you know that bitcoin is the best performing assets in this year. Read this if you have any doubt.
https://www.coindesk.com/bitcoin-is-2019s-best-performing-asset-even-after-recent-price-downturn
Regarding the hype, the fear of missing out will soon be back as we approach near the Halving. So there is nothing better than crypto now a days which can give us good profit in coming few months.

[figmentofmyass]

I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?

it's counter intuitive, but the first half of 2016 was devoid of any hype too---yet it was the beginning of a long term bull market. that's how bull markets begin. the biggest hype comes during the parabolic bubble phase (like late 2017) and then it gradually fades out during the subsequent bear market.

[OgNasty]

I think eventually useless cryptocurrencies the market is filled with today will be gone, but it wouldn’t surprise me if one day there were thousands of purposed blockchains that show useful information. Imagine every service company you use having a blockchain showing your subscription and payment info.