2018 two quarters have seen tumbling coins prices due too many exchange hacks, ICO scams and governments regulation attempts. This all happening due to overnight night millionaires and few billionaires world has seen via digital currency boom in 2017. Too many bad cypto news then good news has led one of the worst and longest ill time for decentralized currency life span.
I see a bright future ahead and current low market is best time to invest irrelevant to government rules. In simple word let me tell you that every one across the globe knows that Smoking/Tobacco is dangerous and cause only harm no good but still Governments don’t put ban on it. They simply put a label of risk involved on it and with each passing budget they always each time put more tax as a result Cigarette price increased each time.
The lime light of money in cryptocurrency has attracted many enthusiastic. Due to lack of any prediction tool to determine coins price buying ALT coins becaame quite tricky. Coin future price depends upon many factors though they show graphs on many exchange or compare portals but truly speaking they are of no use. Actual reasons are very much different. So,market analysis based prediction is important and that is real valuable.
For a layman best way to buy coins is to see which are top 5 top selling coins on exchange and buy the small amount from them as per your pocket allow, purpose is to have a diverse investment portfolio. Buy when prices were down or not changes more than 5%.
Understand that Government of any country across the world the fear is only to regulate and find check points in ALTCoins transaction which most of the countries working upon as this is completely decentralized economy so fear of illegal activity is very big and Government of India is trying to figure out a way.
2020–21 would be the time when market will be saturated and as per my analysis of past 5 years I see least 100 times more bigger market cap then current.
Important — To keep yourself updated about further prediction of the Cryptocurrency price drop or up, I would suggest to use crypto news apps in your phone to always get 100% correct news and upcoming challenges that you may face while trading Altcoins, like Ripple, Bitcoin, Ether, etc. Download free - http://onelink.to/ax6vy2
Download Link: CryptoCurrency News Trends Update for current crypto news, trends and updates.