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Because it has about openness in opportunity to invest: Being open to anybody with a minimum amount of money and has access to internet, for that ICOs are great, and actually that have existed in projects like crowd sourcing platforms.

Bitcoin has already crashed once, when its price fell from $1200 to $173, but as we see it has more than recovered. A drop in price does not mean that it’s game over, as it was for the 17th century Dutch tulip industry. Cryptocurrencies have had major sources of investment poured into them and the blockchain industry as a whole, and the technology is evolving all the time to make the market more diverse, safe, and open to all.

I suggest you that instead of buying one cryptocurrency in each category, you should spread your investment throughout multiple options inside each category. This will allow you to reduce the risk of investing in one single currency. In the world of crypto, a technical difficulty or even a grievance within one of the teams can lead to an rapid crash in the price, regardless of how promising the project and tech are.

You should hold Ethereum, because Ethereum had an organic growth without massive spikes, and it seems to be stable. Even with the cyber attacks and a history of hard forking, Ethereum’s blockchain remains in demand.

Some people think that Bitcoin is a new Gold, it has all the elements to store value, such as: immutability, difficult mining, can not be destroyed, and a limited supply. If Bitcoin becomes Gold of the new generation, its value would be around 300,000 USD per Bitcoin. In this case, Bitcoin becomes the strong currency, has the global value (such as the nature of the dollar), the total market capitalization reaches at least 5 trillion. If under the "Vision of satoshi" when 1 shatoshi = 1 cent, then the official Bitcoin Bitcoin worth 1 USD = 1,000,000.

I will divide this amount of my savings become different investment channels and different ratios. Because I am less risk-taking, the expected profit is moderately stable, I will choose to send 1 part into savings, 1 part into buying dollars, 1 part into buying gold.

In spite of the negative attitude of certain politicians, the Indian government has come to a decision to regulate the market and provide an even playing field for Bitcoin exchanges that have allocated a significant amount of resources to standardize the market and industry. Back in April, CEO of Coin secure, one of the largest Bitcoin exchanges in India, told Coin telegraph in an interview that the Indian government has finally started to take Bitcoin seriously and are considering the possibility of regulating the market.

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Goldman Sachs has a chart that shows the daily volatility of Bitcoin vs. other investments such as WTI (West Texas Intermediate or oil), Gold, the S&P 500 and a few others. Bitcoin has been much more volatile than any of the other assets. This is good for traders (as long as they know what they are doing) but is mentally tough for longer-term investors. If this continues I believe it dampens demand from a wide range of investors.

Bitcoin and Ethereum have a lot of small differences. Highlight point is the average time that each block of Bitcoin is slower than Ethereum. while Bitcoin takes 10 minutes, Ethereum takes only 12 seconds. The faster block generation means that transaction confirmation will also be faster. Because of this reason, I still support ethereum.

In my opinion, you should learn as much as you can, and try to find information to read about bitcoin. Please understand clearly the blockchain technology. Moreover, you should take part in actives in this forum buy discussing with others. Then you will probably start with bounty campaigns that can pay quite well.

When you are determined and follow your goals, you often think that you are progressing every day. However, in reality, without any progress in a straight line, you have to go back and forth over the average. This is a lesson that investors will get.

Where to store bitcoins is your needed question. Since bitcoins are your asset as well, they need a proper place to be stored. This is where bitcoin wallet comes into the game. There are a number of wallets that let you store bitcoins and other cryptocurrencies. If you plan to invest only in bitcoins, you can get a wallet exclusively for bitcoins. If not, you can get a multi-currency wallet.

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Less volatility and more trusted exchanges will lead to more liquidity, something Bitcoin urgently needs if it is to ever be used as an alternative currency for small states. It goes without saying that virtual currencies could an appealing option for citizens of states beleaguered by sanctions or inflation.

I asked google and I got the answer: Lumi Wallet is a cryptocurrency storage which supports the most popular coins and providing users with a high security level and good quality. It is a smoothly designed, completely anonymous and easy to use wallet.

Amazon has no control over what the markets may determine, but they have to watch out for whales resting on tons of $BTC that could sink or raise the price point ad-lib. $XRP is certainly not immune to price alterations or early-investors keeping an asymmetric portion of the currency, but its sizable supply does offer a barrier to private auctions.

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