Ryken8

Cardano ADA is hot right now with so many potential projects in the works. Its time to add some ADA in your porfolio!

I don’t think cryptocurrency or bitcoin will replace stock, commodity or forex. It will most likely take some of each market’s liquidity but will co-exist will all these market platforms.

I believe this is only applicable to house tokens only available in particular exchange and does not apply to coins and tokens like bitcoin, eth, etc. that are traded across multiple exchanges and platforms since these prices are dependent on worldwide market trends and trades.

I’m one of the strong believer that investment in cryptocurrency specifically in bitcoin will give us a better future and maybe even to the point that we can leave our day jobs and live better and more comfortable lives in the future. Cryptocurrency is the future.

Trading is about buying at low price and selling at a higher price to gain profit. It is difficult to establish a right time to trade cryptocurrency as its price are very volatile specially bitcoin. The best method is to buy at different price range and do averaging and hodl until the price is high then sell some portion for profit. Also ensure you don’t simply sell off all your porfolio, keep some for the long term.

In general, you will want to buy when the price is low and sell when the price is high. However, it is really difficult to determin when the cryptocurrency price will actually go up or down due to its volatility. therefore it is best to buy on recurring basis in small quantities and average off the price.

Without bitcoin there will be no cryptocurrency industry. The whole crypto market is running on BTC power, therefore if bitcoin falls it is most likely that the wholle cryptocurrency industry will fall as well.

This beats the whole priciple of cryptocurrency which is supposed to be digital, decentralized and can be easy transacted online. If one is seeking physical currency, they should just stick to fiat currency.

For those who hold bitcoin, they will wish bitcoin price will moon at the soonest, for those who is still accumulating, they will wish the bitcoin price will dump a bit so they can accumulatr more. It all depends on a persons perspective but ultimately the bitcoin price fluctuates base on the supply and demand principle.

This is a very good post on explaining masternode and how it works. I am interested in going into running a Masternode in the near future.

It is always high risk to invest into lesser known coin and lesser know crypto projects. I would recommend to invest in more known coins and tokens instead, preferably the top 20 to 30 coins in the market for a more secure investment.

In my opinion, Bitcoin price is based on supply and demand. It is not so different from stocks and commodities price that are also baeed on the same.

You cannot say a coin or token is bigger than bitcoin just by the higher price alone. If the token have a higher price but has no trade volume and has no market support, it may not even be a safe token to invest in.

The answer is Ethereum, it has the 2nd most market share and there are no other altcoins that comes close to Bitcoin.

At this point, there are no crypto coins or tokens that can exceed bitcoin in terms of price and market share. Hence it is very unlikely that tokens like Yo can cross bitcoin any time soon.