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Topic: Honestly, do you guys think cryptocurrencies will be gone anytime soon? - page 7. (Read 1110 times)

sr. member
Activity: 770
Merit: 253
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?

Cryptocurrency and blockchain technology is just on the early stage if it's because of the continuous dumping of the market is your basis
remember what goes up must come down and vice versa.

It's part of the cycle rounding around this market, the current value is depending with the investors and traders who continuously supporting the chain,
With them the system will continue, though we are expecting more adoptions to happen and bring more businesses to take part of this innovations. With more institutions and government around the world to adopt crypto, the longer it will exist and the better value it will gained.

 For sure all of us will tell the same thing, that crypto will not be gone, actually we are just starting and little by little we are adopting in almost all countries, adoption in a way that some countries are beginning to adopt crypto, how they are going to legalize it and imposed tax on it. Still we have a long way to go, so let's not stress ourselves about this.
sr. member
Activity: 1456
Merit: 267
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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?

Cryptocurrency and blockchain technology is just on the early stage if it's because of the continuous dumping of the market is your basis
remember what goes up must come down and vice versa.

It's part of the cycle rounding around this market, the current value is depending with the investors and traders who continuously supporting the chain,
With them the system will continue, though we are expecting more adoptions to happen and bring more businesses to take part of this innovations. With more institutions and government around the world to adopt crypto, the longer it will exist and the better value it will gained.
full member
Activity: 612
Merit: 102
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?

Cryptocurrency and blockchain technology is just on the early stage if it's because of the continuous dumping of the market is your basis
remember what goes up must come down and vice versa.
hero member
Activity: 2926
Merit: 640
There are so many proofs to see and know that cryptocurrency will not be gone anytime soon or even going at all. If strong government of the world have tried their best to actually make sure that they kill the system over some years now, and yet, the currency is still growing very hard, it would be very difficult for anything else to actually destroy cryptocurrency.

What would have actually discouraged lots of people from using cryptocurrency again is the issue of scammers, but I am glad now that people have also found a way to actually detect some of these strategies that they use in avoiding these projects now. Cryptocurrency is not what will generally be dying now, but what will be die very soon are these scam projects and bad projects that has flooded the market which is why all these top coins are the ones that will make it in future.
full member
Activity: 868
Merit: 104
Although I read everywhere that total marketcap of cryptocurrencies has increased but honestly speaking, current situation does not look good. Prices of BTC and popular altcoins are stable and not increasing. New projects tokens are dying before launch on an exchange and many projects are delaying their product release and increasing ICO/IEO time due to less sale. Overall situation signifies that investors are not interested in investing in cryptocurrencies. Lets wait for some more time and hope for the best time of crypto.
sr. member
Activity: 2366
Merit: 448
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Cryptocurrency is all coins including Altcoin but if bitcoin is lost, I think it's impossible because bitcoin is the main and first coin in cryptocurrency and the existence of cryptocurrency because it starts with the existence of bitcoin and the most popular coins among other coins.
but if some Altcoin is lost, it can happen because lately a lot of new Altcoins have sprung up and eventually just disappear because there is no value.
sr. member
Activity: 2100
Merit: 309
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.
Nice method how do you give details example for new trader how to manage their investment to get much profit, you give allocation several percent which one coin have to invest, I think by allocating about 70% only for bitcoin is best ideas where bitcoin have stable coin, you use 30% for top altcoin in exchange market because only top altcoin have profitable and less risk by lower price at the future.
hero member
Activity: 1008
Merit: 511
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It is possibe for any cryptocurrency to die especially those coins who have no real-life use but for Bitcoin to die is a different story because the community keeps growing and stronger even though the government on some countries is resisting to adopt Bitcoin. I believe in the next few years more people will understand the value of Bitcoin and its use, when this day comes I'm sure government will stop the resistance to Bitcoin but instead accept it as a whole and put some regulations to safeguard its citizens.
sr. member
Activity: 1246
Merit: 285
Getting profit in this saturated market is very difficult indeed. Throughout the middle of 2018 until now I have not gotten a big profit, the percentage of profits is very small, on the contrary, it often loses. Nevertheless, I still think positively that cryptocurrency will bring a cheerful spring back, which is why I have stayed here relying on bounties. Avoid investing in new altcoins that lack strong market capacity because it will be difficult to return your capital. My advice, if you are interested in investing, then choose new coins or tokens that hold IEO on global exchanges such as Binance, Okex, Kucoin, etc. If the existence of cryptocurrency is seen from price movements, then it is proven that this will not end soon.
sr. member
Activity: 994
Merit: 260
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!
I hope you are not talking about all altcoins, because Ethereum, Monero, for example, are also altcoins. This is good and developing projects. But in fairness it is worth noting that all sorts of garbage coins really spoil the reputation of the entire cryptocurrency market. I agree with you that Bitcoin is the most worthwhile cryptocurrency and investments in it should be at least 50% of the total deposit.
sr. member
Activity: 2828
Merit: 357
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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,
Well it happens so many times nothing’s new to be alarmed for
Quote
compared to last year.
What do you mean by “Last Year”? Does the market is more dumping and harder to grow the whole 2018?  So what’s the matter about that comparison?nope that absolutely wrong
Quote
I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
Investors are investing for how many years so what is the question is all about?are you really holding bitcoin like what you’ve said in the first line?or you are just making nonsense here?

We will invest even price fall or grow because we don’t just look for profit but for the technology
sr. member
Activity: 1344
Merit: 270
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 ?
Don't worry the future of bitcoin still fine, you can get much profit with bitcoin and altcoin investment, still worth with bitcoin price today and the future bitcoin always have higher price. You can ask with old trader have invest money in bitcoin where they bought when bitcoin under $100 and how much profit earning so far if still holding bitcoin today, you need to trust with bitcoin become profitable at the future with bitcoin price always on the top.
sr. member
Activity: 910
Merit: 254
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 ?
See this is the main problem with most of us that if see prices tends not to rise we simply imagine that crypto market will be ending soon and such things but this is not true in actual sense.Although you have traded from this year prices are down from 2017 last qaurter.But with increased adoption and investment btc will again gain dominance and prices will rise so stick to your investment and hodl it until price rise.And if you are interested in altcoins invest in only those who have developmental plans or objective in long run which can give you profits otherwise don't invest in others.
legendary
Activity: 2912
Merit: 1068
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I don't think that cryptocurrencies will be gone. They are not some temporary trend that will become out of fashion.
Of course that some problems and issues appear from time to time but they are normal part of the life cycle for everything so for cryptocurrencies too.
To my opinion cryptocurrencies are technology thar will only advance and further develope in the future and will not disappear.
legendary
Activity: 3010
Merit: 1280
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For altcoin possible goon anytime soon because not trusted with developer team for building and buy back after price dump,

No, Atlcoin will never be gone since people will try to exploit this to get money from investors.  Just like how Ponzi scheme and HYIP is plaguing the network marketing industry.

but for bitcoin less chance goon soon because bitcoin is table price, many investor keep trusted with bitcoin by bitcoin still dominance in exchange market higher than 70% from altcoin dominance only 30%, bitcoin up without more than one week to higher price different with altcoin.

Honestly, it is more likely Bitcoin will be gone first before these altcoins because Bitcoin is only one and altcoins.. well there are tons, some worth holding and most are just worthless.  But Bitcoin as I think about it, will stay and will be one of the famous alternative currency in the future before another cryptocurrency dethrown it.
legendary
Activity: 2576
Merit: 1875
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The investment in Altcoins is not very good in the short or long term, all altcoins depend on the price of Bitcoin, they usually go down when bitcoin goes up or down, the only way that altcoins go up in price is when bitcoin is in bullish trend, I see the altcoins to always make "Shorts", speculating with the altcoins downwards is the best business there is.

Now with the threat of Libra, if it is finally launched, I think it will end up killing many altcoins, because the truth is many, and it will not eliminate them because it has the best project or the best technology, it will do so because Facebook is accepted worldwide, and the immense amount of business model that it has is impressive. Even so, Libra would like me, just because it will be a springboard for the adoption of Bitcoin worldwide, that is how I see it.
hero member
Activity: 1638
Merit: 518
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 ?

well, u must be holder with high commitment.
about future of btc, aren't you impressed with old man mcAfee who says btc will be 1 millions by 31 dec 2020 ?
we know that just joking, but besides it, perhaps u understand one thing, btc have a bright future.
just look at the dominance on market, always 60%++ .
about alt , firstly i love altcoins, easy money from easy pump, but nowdays its no more than dust.
hero member
Activity: 2828
Merit: 611
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 ?

Slowing down because the price is not moving at all, or there's not much big news about Bitcoin, the interest is still there, the fact that the volume is not changing and the fact that you can still trade and I can buy a lot of stuff with Cryptocurrency, if the future is bleak then it will just burst like what FUDS are predicting to happen.
Most people that you see talk like op are just after the money and not about the technology because what actually created hype was the fact that bitcoin started gaining profit and the huge profit that came out of some people’s investment was what made the hype so high, but now that the ICO market is not generating much profit again, and most people that we have in the market now are people that are more of the technology, people think that the hype has gone down.

We don’t even need all these hypes, we just need bitcoin technology to continue to function well which it has been doing already. I am still enjoying the technology as I am able to make payment easily with cryptocurrency, so I have really not found anything much that is discouraging about crypto market.
sr. member
Activity: 1260
Merit: 315
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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 ?
just because you did not trade your bitcoin and the market don't go the way you look at it is enough reason to ask Cryptocurrency will gone soon?is this fair for the whole market?if you are in doubt then sell your bitcoin and go out  of crypto trading because this market serves as future investment and not something can bring you fortune overnight.


Its funny to see people like OP who has high hopes for crypto, if it doesnt meet their expectation, they will think that it will be gone anytime.



about your question?of course i dont believe that crypto will gone instead this will go far behind your imagination.we cannot tell but maybe tomorrow or before the year end we will be seeing another bull that will go more than 2017,who can tell?

I also dont believe that it will be gone, something as valuable as bitcoin wont be vanished, its not a bubble compared to other type of investment. Making a profit out of an investment wont happen overnight.
member
Activity: 854
Merit: 12
arcs-chain.com
look, can you deny that everything in our world is becoming digital?
can you deny that paper money has no value backup other than what governments and people determine?
can you deny that cryptocurrencies mark a point in which finances also become a part of our digital lifes and within our control?
Now, things take time... sometimes generations, especially when you speak about money... we have 10 year history and already thriving
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