My experience is a little weird and funny. At one point, I bought some Altcoins at a cheaper price, and thought that its price would increase somewhat. But after a month, its price was reduced. I was a bit worried at that time. Suddenly, its price had risen six months later and got a good amount from it. Sometimes patience pays off.

The price of all altcoins is tied to bitcoin. This is the fault of the centralized exchanges. While blocking technology is young and unsuitable for creating a decentralized exchange with large trades volumes. When such an exchange is created and people can change the altcoins directly P2P, the situation will change dramatically. From this point forward perspective altcoins will grow regardless of bitcoin

The sad thing is that adoption will be extremely difficult. No one needs crypto. And it’s a pain in the ass compared to the options already available (and safe).

We are trying to sell something that is not needed, more risky, harder to use and extremely volatile.

I have also dealt with bitcoin haters in the past years because they think that it was a scam and i be a failure and lost my investment, but i prove them now that they are wrong and now they keep asking me on how i do it but i also don't want to talk it anymore with them now because i already did it before and they now lost their chance.

I don't think so. Majority of the exchanges would only let you exchange your Alts for BTC, and, if we get done with BTC itself then I don't think these alts would survive.
BTC is like the base for all these currencies. As long as BTC has market cap, we will have alts in existence. The day people lose interest in BTC altogether, everything would be done and dusted for life.

Banning bitcoin and all other cryptocurrency is impossible to happen now considering how big is it’s worldwide adoption and popularity. The least the government could do in case are to provide additional fees and to provide regulations and some safety measures to protect the welfare of the investors. The only way to solve the issue between crypto industry and government is acceptance. I strongly believe blockchain technology is the future and further enhance our existing monetary system.

Technology always evolving and government or finance authorities should able to adapting on technology. In internet era right now, its more efficient if we using bitcoin or other cryptocurrency for transaction because its more faster and much saving cost.

I think the future for crypto will be bright, just wait

If likened to gold, how the formation of Bitcoin price?

We should know the formation of Bitcoin prices. Establishment of price based on demand and supply. When there is demand and new supply is formed a price. This means that if his demand increases, the price rises. The demands were reduced, the price dropped.

Yes, I believe that the bitcoin and altcoins are the future, but that future is still uncertain, I would not recommend someone to put all their money into bitcoin, this is a tremendous mistake. This is my warning -  do not rush, encryption is an evolution, cryptocurrencies are the future, but there are still many obstacles ahead, and we have to be very cautious when investing in this market.

Sometimes I get so mad anytime i see such questions in this community. How on earth can you wish for the fall of bitcoin when you know perfectly that bitcoin has got the wheels of cryptocurrencies and all the other altcoins. so please stop wishing for the fall of bitcoin and wish that it gets stronger because when it does y'all will see the wheels of the market change.

It will always be difficult to understand to those beginners, but they can learn something about crypto day by day. Reading about it will be helpful.

It really isn't THAT hard to understand though. Those people are not familiar with crypto so its really hard for them to understand it.

I think that at the moment is the time when cryptocurrency is most developed in 2018. Both markets are showing signs of green. Since I started investing in Cryptos, I've had my way to buy only when their value drops to around a few percent and hold them until their value reaches the highest level I've had.

I would say to that friend that the friend should learn from his predecessors who are experienced in BTC investment, the second most important thing he should learn and learn.

Being literate in investing is very important before jumping into anything and DYOR!

Because maybe when the government looks at bitcoins, they are incapable of tracing any person or company holding responsibility for Bitcoin not only in their jurisdiction, but in the entire world. More  reason why government announce Bitcoin is illegal that Bitcoin is a private currency that government can not regulate, track or control which will have effect on economy of the country.

Moreover because the government might be afraid that the currency in that country will no longer apply to society and will be replaced by something new, that is Bitcoin. If that happens then the currency in that country can be worthless and unused.

Generally, I do not recommend, but I only provide an explanation of how the benefits can be taken from the right moment.

I think crypto is not for everyone, so I only recommend those who know technology. Recommending people to invest is dangerous.

Yes I do think you are right, high risk results to high rewards., there are many business people avoiding cryptocurrency but we cannot force them to believe, we have all own opinion about cryptocurrency but all investment in this world are all risky, it will only matter how you handle the risk.

There's a considerable measure of alts that claim to be the following bitcoin yet the greater part of them lose their esteem so I don't suggest putting your cash in some arbitrary alts. Safer bets are bitcoin, eth, monero, and other top coins.

As far as i am concerned is still working for me and i know of so many people who give testimonies on it. If bounty is still very much available and it pays, then cryptocurrency is alive. Most of the bounty campaign i am into are good ones.

You need to invest in product ICO then you can analyze the company's further successes and its effectiveness in the market. If the company is successful then it can make you a lot of money.

Read a lot about bitcoin and altcoins. There are so many topics regarding this in this forum. This is the best place to start. Then read articles about digital currencies from other sites. The best way for a newbie is to read a lot.