ETF is needed, but it is not necessary. We all see that after the bull market last year, the market has been in a prolonged downturn, which is very bad for the development of the encryption industry as a whole.

Yes, a lot of bounty sports are frauds, and it's really hard to tell if even experienced bounty hunters run into some kind of fraud. I think there is more protection for a project if there is a well-known bounty manager.

I think you should keep waiting. Recently ETH has been very unstable. We all know that this year has been a bad year for ICOs. The demand for ETH is now being suppressed. I think we should wait at least until 2019 to have a chance.

I'm sure the most traded country is China. After the ban was issued in September last year, many exchanges dealing with Chinese customers moved to other countries, but the customers were still Chinese. China also dominated the mining business. More than 70% of Bitcoins were mined in China.

Ripple is a good project. Many people who invest in Ripple have achieved financial freedom. We've seen a lot of companies and governments working with Ripple in the last two years, and we believe that Ripple will continue to grow in the future.

Most people have lost money since the market entered 2018, and it looks like we have to take a long-term strategy to get through this bear market. My preferred coin is Bitcoin, and some other anonymous coins are worth holding for a long time.

It takes courage to invest in Bitcoin, of course, but risk aversion is even more important. Without a complete investment plan and spread the risk, even buying by selling property is like a gamble, which usually loses everything.

For newbie, which has just entered the market, most of the knowledge about encryption comes from social media, and thanks to the speed with which it spreads, some FUDs can be known around the world within hours, causing panic when the market falls. I don't think newbie should pay much attention to the news on the market every day.

Don't be too pessimistic about the market. It's just a normal correction process. Let's wait and see if Bitcoin is still trusted by most people.

Your portfolio is reasonable, but if it's my plan, I'll increase the share of Bitcoin to 50%. From the perspective of long-term investment, this can avoid risk, and reducing the risk is the most important investment.

It is possible that many coins will be priced very low before January 2016. I think LRC will be a very promising coin, and de-centralization will be an eternal topic for encrypting the world.

Of course, Bitcoin is better. We all know that altcoins are mostly worthless. There are more than 1,800 coins on the market now, and only a few of these projects have ongoing business, so investing in these altcoins is extremely risky.

Such an analysis does make sense, and one must learn to control one's emotions in order to succeed. If we can make good use of psychological knowledge in the encrypted market then we can better control the risk.

It is not yet possible to make a precise judgment, but it is certain that Bitcoin will promote the improvement of banking business, and we believe that Bitcoin will make our future economy more free and open.

There is always a game in the market. If someone loses money, someone will make profits. If someone loses $1,000, the person who sells the coin when he buys it gets the $1,000.

This decline is a short-term scenario, and if the market is corrected, the new address of Bitcoin will increase more rapidly. In the next few months, we will have the chance of rapid growth.

Bitcoin does not have all the functions of money, and it is very correct to define it as an asset at this stage. I think both Japan and South Korea are already leading the industry in terms of regulation, and I hope Bitcoin will have more room for development in both countries in the next few years.

If we're investors, don't worry too much about the decline in Bitcoin prices during this period. We can draw firm reasons from Bitcoin's historical experience.

You can make your own judgement after being guided by some professional rating websites. My personal experience is that if you have a well-known bounty manager on this project, you can usually try it out.

I never doubted the dominance of bitcoin. In the encrypted world, bitcoin is still king. Although ETH is really powerful, it doesn't have much advantage in terms of payment efficiency and rates that need to be improved.