I believe that when bitcoin is down, there is an altcoin that is up. Although in rare cases, so you have an option to invest in it to at least win back some price depreciation caused by bitcoin when its price is down.

I bet fiat money can't be totally eliminated. Normally, those people who belong to the middle or high-class family are the ones who can enjoy using crypto as a mode of payment in their online transaction. While who isn't advance technology thinker will remain using fiat money as their regular currency. That makes fiat money not to get eliminated.

If you belong to a lower class family and you invest in cryptocurrency with not having enough money then becoming rich overnight is hardly possible. Seriously speaking, I guess its impossible to become rich overnight in cryptocurrency. For me, it takes more years before you achieve it.

In this current market situation, holding your coins is the best way to avoid losses. Though long terms holding can bring good profits in the future but still we need to learn basic techniques in trading to at least earn a profit on a daily basis.

I guess yes. Old coins are no longer profitable but not all. What remains solid in the coinmarketcap are those coins in the top list. So you can still invest in those old coins but choose the right one.

My friend's reaction when I talk to them about bitcoin was this, "Oh it's a scam thing.  Are you sure you can earn those without investing your fiat money?" Well, it's up to them. We did our part to share with them what crypto had brought into our lives. I'm sure they will regret why they are ignoring bitcoin and other digital currencies.

Yes I agree with this. Three times already were the campaigns I was joining were all scam. At the earlier stage of the campaign the admins are actively responding our queries and questions about the campaign. As we go along they seldom answers you because they were busy and once it has ended, admin no more.

Yes, I agree with this. This forum itself can make you understand what is bitcoin, altcoins, and other digital currencies. So for me, I think there's no need to open up subjects in schools just to learn the basics about cryptocurrency because once you have the basic knowledge about computer and an internet connection then you have all the time to search over the internet except those non-developing areas who don't even have an electricity.

Bitcoin is getting more valuable each year. I would say that it is not impossible that sooner bitcoin can be used in buying goods in the supermarket, convenience store, and other merchants. But maybe limited merchants only especially that small business who do not need a computer and an internet connection to run it.

Both are good coins for investment. Bitcoin and Ethereum are created with a different purpose. Being the king and queen of crypto and the top 2 well-known cryptos in the market then there's no doubt that these two coins will give you better profits in the future.

Normally yes, crypto prices are always fluctuating because of its volatility and fear factors. Market majors/thought leaders, control the market with the help of FOMO (fear of missed opportunity) and FUD (fear, uncertainty, and doubt). The activity of financial giants acts as a stimulus for jumps and falls in the price rates. Thus, they form the mood of the majority, which increase growth or decline. Supply and demand is the main reason why there is that high and low of a market price from time to time.

Probably not. I think it takes more years before another bull run will happen. Anyway, this is just another speculation. It may or may not happen so we'll just continue sharing and giving thoughts to others what cryptocurrency is and how it helps to improve our lives for the better so that others will join us and might contribute to bitcoin rally in the last quarter of this year.

Having a real job is better than doing full-time in Crypto. Cryptocurrency is not yet totally accepted in every country so there is a possibility that banning crypto is some other countries are possible and might include our country too. Besides, we can't be sure if we can have a monthly income in crypto alone. Joining bounty campaigns is not reliable all the time since a lot of scam ICO's are coming out. So better find a stable job and take crypto as another way of making money on your idle time.

The fact that another coin has been added to coins.ph wallet only shows that crypto is not dead. It is just down at the moment but for sure it recovers anytime soon. Let us keep on spreading the good news to other people what cryptocurrency is bringing us into our lives so that it exists forever.

Trading is a type of business. And if you are into a business without basic knowledge on it like in crypto trading, it might lose all your capital. So first thing first is to do more research about cryptocurrency how it works and some techniques to make you profitable in trading. You can start trading little by little and if you are already used to it, then increase the amount to trade gradually. Although you can't escape from the fact that there are bad days sometimes wherein you experience losses but then take it as a challenge to do better next time for you to become a successful trader.

Absolutely yes. Not all people know how to use crypto, credit or debit cards in purchasing goods or services especially the children and the old ones. Besides, cryptocurrency is not fully established yet or even if it is established fully, it can never replace our fiat currency. It remains a digital money used in an online transaction only. To under developing countries, this might not be applicable.

We can't tell statistically that ICO investors are decreasing. If we're able to track and compared records from last year and this year then we can probably say that investors are decreasing or not. The basis for this is the listing of new tokens in the exchanges. If the tokens listed are getting lesser this year then we can say that investors are slowly walking out from ICO investments.

$10K at the end of the year is achievable. The month of August is about to end and a slight improvement in market prices has been observed. If it continuously runs this way, bitcoin value might even cross the $15K margin at the end of this year.

Though there still legit ICO's out there doing good projects, still I won't take a risk investing in ICO's right now. As far as I can see with the new tokens listed in exchanges, the value is not as good as it is. The team behind that project I think is not even doing more innovation to sustain their projects and keeping it more valuable in the future. Once the token is listed in the exchange, so be it.

Bitcoin price is slowly moving up. Currently, its value rests at around $7000. Still, half the price where you or anyone else bought it early this year amounting at around $14000. Considering a short time frame, I think it is nearly possible to breakeven this value or rises up a little bit at end of the year.