Will altcoins rise in the future – here is what I think

Wondering if altcoins will rise in the future or not? If your answer is yes, then you have come to the right place. In this article, I am going to talk about Altcoins and if it has any potential to grow in the future or not. So as a crypto investor, you can have a proper idea of whether investing in altcoins would be a good idea or not.

So let’s just head into the topic without wasting much of the time:

What is Altcoins?

As you can see in the name, Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin. Generally, they project themselves as the better option compared to Bitcoin.

The success of Bitcoin as the first peer to peer digital currency private the way for many to follow. Many Altcoins are trying to target and trying to erase the limitations that Bitcoin has.

 And they have come up with newer versions with competitive advantages. As the term ‘altcoins’ means all cryptocurrencies which are not Bitcoin. And the fact is that there are thousands of altcoins are available out there in the market.

Will altcoins rise in the future?

It would not be wrong to say that 2018 was the year for many cryptocurrencies. The capitalization was reached at the $130 billion. And compared to the traditional markets, the industry is still negligible. But it is trying.

However, for further development of the blockchain market and make it one of the leading participants in the global economy. The institutional investors should use digital money in their day to day tasks. For example, for making investment and pension funds, insurance payments, bank transfers and so on.

However, the large and serious players cannot enter the dubious industry or an unregulated market. Instead, they need regulated infrastructure. As well as according to the experts, the cryptocurrency market rally will not include altcoins.

And according to their believes, that altcoins are going to lose their value significantly in the upcoming years. And it may get completely disappeared. Also, the experts suggest that the bitcoin will continue to grow further. But we cannot say the same for Altcoins.

Back in the days, ThinkMarkets chief market analyst Naeem Aslam predicted that Bitcoin would hit somewhere between $60,000 and $100,000 during its next bull run. However, by the end of 2018, it was pretty clear that Bitcoin did not die. Neither it reached to the level which was predicted. But yes, it has seen growth. But if we talk about the altcoins, there were no significant growth.

So if you ask me will altcoins rise in the future or not, I would say the chances are very low. And not a single expert is positive about it. So it would be a wise idea to stay away from altcoins.

Final Words:

So that was the answer to your will altcoins rise in the future or not question. I hope this has cleared all your doubts that you probably have.  

Ethereum Classic price prediction for the future. Is it safe to invest?

For a really long time, Ethreum classic has been experiencing surges. And after lots of developments happening around the technical innovations like the ETC Atlantis hard fork success. There is a high chance that it can be a game changer for ETC.

And in case if you are wondering about the Ethereum Classic price prediction for the future, then I am here to help you out. In this article, I am going to talk about Ethereum classic and what the future holds for it.

So let’s just head into the topic without wasting much of the time:

Ethereum Classic price prediction for the future. Is it safe to invest?

What Is Ethereum Classic (ETC)?

Right after the decentralized exchange anonymous organization (DAO) was asked, Ethereum was forked to give rise to Ethereum Classic.

Ethereum Classic is basically a blockchain based open source computing platform. And it has smart contract functionality. The ETC was launched back in 2015.

Ethereum Classic came into existence when some of the members of the ETH community did not approve the hard fork on the grounds of immutability.

Market Prediction By Experts In 2019

The market is quite amazing for the Ethereum Classic ETC. And it is believed that it has a huge potential to grow in the upcoming years. And there are different experts have shared their opinion about ETC.

For example, Bein Crypto, which is a crypto prediction website, believes that by the end of 2019, ETC might be 10X more than what it is now and might even touch the $50, $100 by 2020 and might reach $200 in 5 years.

In addition to this, Long Forecast, which is specialized in giving a conservative prediction. They have given a really bad prediction for ETC. According to them, ETC might fall down to $2, which is half of the current price of ETC today.

Digital Coin Price said that by the end of 2020, Ethereum Classic might reach $6.56. However, according to experts, this is not really achievable. Trading Beasts has also given a conservative prediction on ETC. Also, they have shared a pragmatic forecast, where they stated that by 2019 end, ETC might reach as high as $27.15 and as low as $18.46.

Also, according to Wallet Investor have given the most bearish prediction ever, where they mentioned that by the end of 2019, Ethereum Classic might fall down to as low as $0.272.

Final Words:

So that was an overview of Ethereum classic price prediction for the future. There are experts that are very positive about Ethereum classic. And according to them, it might give a tough competition to the Ethereum. However, there are also pretty bad predictions about the Ethereum classic.

So a friendly advice would be to invest a few bucks in ETC. And as the coin price starts to grow up, you should invest a few more bucks. And I hope this would help you to understand if investing Ethereum classic would be a good idea or not.

Bitcoin future review 2020 – Latest guide

Are you looking for the Bitcoin future review 2020 and wondering how the coin is going to perform in 2020? If your answer is yes, then I am here to help you out. In this article, I am going to talk about the 2020 prediction for Bitcoin.

In this article, I will first start by giving you a brief description of what Bitcoin actually is. And in the later half of the article, I will talk about the Bitcoin future review 2020. Sounds interesting? So let’s just head into the topic without wasting much of the time:

What is bitcoin?

Bitcoin was created in 2009 by an anonymous developer named Satoshi Nakamoto. And it was the first and original cryptocurrency. Bitcoin allows people to send and receive funds without a third party intermediary, such as a centralized payment system. Instead, it is a decentralized network.

The network is controlled by not a single person or authority. Neither it is backed by any central bank. Instead, the transactions are verified by a community of miners who use their computing powers to confirm the movement of funds. And in return, they are rewarded with additional Bitcoin for contributing to the network.

The technology that supports Bitcoin is called a blockchain, which is like a giant accounting book. Every single transaction that has ever been processed on the Bitcoin network is available to view on the blockchain. Also, once a transaction has been added, it cannot be changed or removed. And this is what makes it extremely transparent.

Also, when sending Bitcoin to another person, a transaction normally takes about 10 minutes. And the network can process about 7 transactions per second, and the fees depend on how many people are using the system.

Bitcoin future review 2020

McAfee

The first bitcoin prediction that I would like to talk about is made by John McAfee, the creator of the popular anti-virus software McAfee. He is pretty well known in the crypto industry as he makes lots of insane price predictions on Twitter.

Back in the days, he said that Bitcoin would reach $500,000 in 2020. However, later, he said that by 2020, it would hit $1 million. Also, he mentioned that this prediction is based on his own price prediction model.

Tom Lee

Next, there is Tom Lee. The next bitcoin price prediction 2020 that I wanted to discuss is by an analyst called Tom Lee. Lee works for the cryptocurrency research organization Fundstrat, and he is well-known for discussing the price performance of Bitcoin live on TV. According to his prediction, the price of Bitcoin will be valued at $91,000.

Fran Strajnar

 Next, there is Fran Strajnar, who is the CEO of Brave New Coin, a cryptocurrency research organization. And according to him, the bitcoin will reach up to $200,000 by the year 2020. According to him, as more and more people coming to the crypto industry, it would grow different wallets and apps and eventually hit the bitcoin price too.

How to get rich by investing in bitcoin exchange?

So you want to become rich by investing Bitcoin? If your answer is yes, then I am here to help you out. Becoming rich by investing in bitcoin is not really a bad idea. In fact, there are quite a lot of bitcoin millionaires that exists on this planet. So the question is how to get rich by investing in bitcoin exchange?

Well, in this article, I am going to talk about how can you get started with Bitcoin and walk on the way to become a bitcoin millionaire. So let’s just head into the topic without wasting much of the time:

How to get rich by investing in bitcoin exchange?

Buying Bitcoin

Trust me, by buying bitcoin, you can only get rich. There are quite a lot of people out there who invest in Bitcoin by simply buying it. Although this is a risky method, but it is one of the simplest ways available out there.

There are a couple of types of investors are available. Some just buy a certain quantity of bitcoins and forgets about it for a year. This kind of investor does not have a short term goal. But they want to hold it for years and years and after Bitcoin bursts into something big. So they can make huge profits at once.

Another type of Bitcoin investors are those people who do a lot of research, reads all of the available predictions on how to make money with cryptocurrency, and spends weeks to analyze data and statistics. And this kind of person has a very specific time frame in their mind. You can also make trade futures for different bitcoins or even altcoins like trading ethereum or BNB coin.

And most of the time, they look for short term goals. Also, these investments tend to be smaller when compared to long-term ones. As time limit is short, hence there is a risk that the Bitcoin might fall and the investor has to face more loss. As a result, investing a small amount of money is always a good idea. So the loss would not be a huge one.

Accept Payment in Bitcoin

You can also try accepting payments in bitcoin. If you are running an online business or going to get money from someone, your friend, or an international client, you may consider getting payment in Bitcoin.

For example, there is a website available there called Fiverr, where you can hire people for doing certain things. And they get paid in USD. But you can take this concept and replace USD with bitcoins. Here is how can you get started with this:

Think of a skill you are good at:

Do you have any skills that you can sell? This could be anything like copyrighting, digital marketing, website development, and so on. And once you know what your skill is, think about how can you monetize it.

Create a cryptocurrency wallet:

The next step is to create a cryptocurrency wallet. A crypto coin wallet holds your cryptocurrencies safe and ready to use. It is just like any other wallet that holds physical money. And in case if you do not have one, it is recommended that you create one right way.

Find a way to charge people:

Next, you have to find a good way to charge people. You can offer your services via an online marketplace, forums, and when you get a deal from anywhere. Simply ask if your client makes the payment in Bitcoins or not.

Mining

The last thing that you can do is Mining. It is one of the most popular ways to get rich through Bitcoin. There are two types of Mining. One is your own personal mining or cloud mining.

And if you want to mine individually, it might not be the best way. As it will be an expensive process for you. Also, Bitcoin is one of the toughest cryptocurrencies to mine.

However, you can consider going for cloud mining. This one is also getting widely popular these days. And it works as a great alternative when it comes to minding industry. Plus, it is less expensive too. You do not need to buy hardware or software or assemble any machine. Simply purchase cloud mining services from some companies, and the rest will be handled by them only.

Overall, cryptocurrency mining is a very popular method for people searching on how to make money with Bitcoin. It does require some knowledge and expertise in the field to be able to perform it successfully. And I would recommend you to do proper research before entering into this field.

Final Words:

So that was the answer to your how to get rich by investing in bitcoin exchange questions. Now go ahead and check these options out and see which one is working the best for you. Also, for any questions, do comment below.