It depends on who the celebrity is and what they are standing for. I'm sure they will have an influence over their fans. If those people are looking up to a person they admire and respect then they will also want to take part in whatever the celebrity is promoting. This could be bad or good for the economy of cryptocurrency if more and more people are joining in and investing in the market.

Trading is full of all kinds of risks. If there was such a thing as "safe trading" then everyone would be doing really well even with the fluctuations in the market. That's why it's so important to only invest what you are okay with losing because there is no security in the trading industry.

I first heard about cryptocurrency a few years ago but I didn't get into it until last year. Cryptocurrency is a difficult concept to learn about and pursue. It takes a lot of time and energy to research and keep up with. It certainly took me a while to do a bit of research and I will have to continue learning about it for a long time.

It's a bit hard to say which one would be more profitable at the end of a time. It is possible that a good trader would make more than a holder even if the markets are not well in a given day. I think overall a good trader would make more over time than a holder because it could take so long before they are able to make a profit out of their holdings.

IQ is an interesting way to "measure" one's intelligence, but there are seriously so many things in life that make us an "intelligent" individual. I would say that it doesn't matter your IQ for you to be successful. Sometimes people just get lucky or make a great decision based on past experiences that they have learned from. It is always a good thing to become educated in any work that you are doing so it will help you in the long run, though.

With the market not being as stable, now would be a good time to buy. We never know when the market is going to go up or down. If you believe that it would be safe to go ahead and buy now while the market is low then go ahead and do it.

Any sort of investing and trading is hard work. Maybe not always in the difficulty level of it, but definitely in the amount of time and energy someone wishes to spend with it. Never think you have to or should learn about it on your own, its always good to seek advice and grow your knowledge of it so you can learn through that as well as your experiences with it (easy or hard ways). It's up to the individual as to what way they learn best and what makes them successful, but don't think you have to do it alone to be on top.

The price of bitcoin is much lower right now than it has been. The best option to follow through with is completely up to you. In my opinion it would be a good idea to buy now and then have patience and continue to hold until you are ready to sell when you believe it will bring in more for you.

Right now it is easy for people to join cryptocurrency while the traditional economy is not hurting from a recession like it was 10 years ago, but if it were to happen again soon then of course cryptocurrency would suffer as well as everything else. Because there would be a rise in unemployement and the prices of daily consumer products are effected then I imagine most people will cash out their investments in the cryptocurrency of their choice as a way to sustain their lifestyle while the economy is mending.

There are numerous factors as to why a person may feel inclined to be fearful in investing in cryptocurrency. As you said, not having the proper knowledge behind the concept of cryptocurrency and its role in society is one major key. Also, a vast majority of people are pulled towards stability, especially when it comes to finance, so if the news or media outlets are speaking negatively against cryptocurrency or there is a huge drop in the market which causes loss in investment, it is not going to be attractive towards people who are not interested in its risks. Cryptocurrency can be a way to get rich quick, and who doesn't want that, but it's not a simple means towards that end, which can be intimidating to people who are skeptical about putting the time, energy, and money into something less concrete than what they are use to.

It's only going to be even more extreme. There were 44 coins then and only really 3 of them have gone on to be a success. There's really not much need for more than 50 cryptocurrencies and that's being very generous. Many of the current top 20 are competing with one another and eventually one of them will win out and the others will become near obsolete, they can only all succeed right now because the market isn't established and there's still plenty of money to go around. Expecting that NEO, ADA, IOTA will be 3 to disappear with time, ETH will probably stick around just because it's so big now but better alternatives will come to steal its marketcap away.

It won't hurt bitcoin in any way, it could benefit it as it shows acceptance and benefits of blockchain technology. Google are not using it for payments which is what bitcoin is designed for, it will most probably function without a cryptocurrency all together.

All major companies are going to transition to blockchain technology because it is truly the future, but most of them are probably going to do it without cryptocurrencies, this is the problem with most alt-coins, there is no need for the coin, the idea can work just as well if not better without them.

Ethereum has a lot of coins at the moment that are trying to steal away its thunder and become the new home for all ICOs. Without ICOs ETH would be worth near nothing. If more advanced blockchains can be developed that offer faster and cheaper transactions then it's natural that people will slowly transition towards them. NEO at the moment is the main one but in time it could be blockchains such as EOS, Zilliqa or Credits.

Oh, so stick to bitcoin.

Any coin will be one of the top coins if it were to achieve mass adoption. Bitcoin is no 1 and it's still used or owned by probably less than 5% of the world population. If any coin can get close to mass adoption it will be the no 1 coin.

First this belongs in the alt-coins section, probably speculation.

Secondly, any coin will be one of the top coins if it were to achieve mass adoption. Bitcoin is no 1 and it's still used or owned by probably less than 5% of the world population. If any coin can get close to mass adoption it will be the no 1 coin.

Edit: I see you posted it in altcoins also, you should delete this thread.

It doesn't seem likely. Bitcoin still has very large dominance over them and I see it only getting stronger in the future. As much as I appreciate Ethereum I think it will soon begin to be replaced by the next generation blockchains, bitcoin probably won't face this problem because it is unique and will always have the first mover advantage. Ripple - hahaha.

I prefer to aim for the 21 bitcoin mark to be 1 in a million. I believe that one day 21 bitcoin will be enough to make you not only a 1 in a million but a millionaire. 175k satoshi's is nothing and it would be a pretty useless amount for each and every person to have, it would be like giving every person 1 cent and seeing what they could do with it, the answer would be nothing.

For stablecoins to be used in ICOs (I agree they would be better) they need to be deployable on a smart contract and as far as I am aware there are none yet that do this. Will GC be the first?

I think there are many people in crypto who like to think they're great traders but it's mostly because they're operating in a very favourable market. When prices are moving like they have been the last weeks only the best are the ones making good profits. I've had very good (by my own standards) success since entering crypto but the last weeks have been a blood bath for me because I am not experienced or brave enough yet to profit in such a market.