Large scale adoption will only come if the crypto prices are stable over a longer period of time. They can be treated as a method of payment and a safe storage of value. But before that the prices of the coin must remain stable, large fluctuation will not let crypto be a Safe storage of value.

Yes. it is a good option. Holding coin in multiple wallet is the best decision I think because of this coins remains secure in your wallets. If you lost access to one of your wallets you will still have access to other wallets.

Market confidence is shaky right now and its not about just bitcoin, its for altcoins too. As far as i know since the beginning of cryptocurrency, market is unpredictable. So we will see some increased confidence once market becomes bullish.

Yes, crypto is risky and it is highly rewarding for risk takers and it is not for the weak handed. If you want to make huge profits with crypto then you have to take those risks.

Week #6 (28 July 2018 - 03 Aug 2018)
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Week #6 (28 July 2018 - 03 Aug 2018)
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Right now there is no competitor to ethereum and others have a long way to go. ADA, EOS are still in their infant stage and a lot of development is required at their end before they could really change ethereum.

Just be patient don't try anything absurd else you will lose a lot of money. In times like this, patience is the key to making huge profits. money moves from impatient to a patient person only.

I think I will continue to invest in crypto time till the time make enough money. This means I have to remain invested for a longer time. I will invest on high market cap coins as well as new coins and ICOs.

Frankly saying no one knows about this thing for sure. Today it is 7600 $ yesterday it could be 5000$. Bitcoin price is based on speculations only and not on something concrete.

Yes, I think many altcoins outperform Bitcoin in tearms of upward price movement. This is because of market cap. Altcoins mostly have low caps which make it easier for them to move faster whereas bitcoin has a high market cap so even a hug investment makes it to move slow.

Trading stocks is like owning a percentage of company whereas trading crypto is like owning an asses/security whose value is mostly speculative

Frankly saying no one knows about this thing for sure. Today it is 7600 $ yesterday it could be 5000$. Bitcoin price is based on speculations only and not on something concrete.

I think now is the time to hold and get more and more invested in cryptocurrencies. Crypto is still at very small level of adoption. Once the adoption increases the good projects will blast.

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Week #5 (21 July 2018 - 27 July 2018)
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It does not seems so. Since bitcoin is in its infant stage only. The development will take place over the next years and there will be many crucial years ahead.

In my opinion, bounty hunters sell these in hope of a good payout. Also sometimes the bounty is delayed by many projects which forces someone to sell as they lose faith. Currently, the market situation is also not good. I personally hold my bounties for long term.

Yes it is rightly said here that crypto market could take more than 2 years atleast to recover. 2017 was a hype year and that lead to the bull run. Now people are really getting to know about crypto and they are taking their time in doing so. However as the mass adoption happens we will again see prices at a new high.

Currently the Banks associated to crypto exchanges will follow RBIs guidelines and will cease their support to them. This means that the withdrawals and deposits will not be present. Soon there is a hearing in court regarding this matter in mid of July. The scenario will become clear after that only. Till now, cryptocurrency is not banned but you won't be getting banks services for withdrawals and deposits.

I am personally not bothered by kYC process as its a legitimate way to prove your identity in a bounty or airdrop. Nowadays people are using multiple accounts to gain from these. This is a step that benefits all.