common-close-0
BYDFi
Trade wherever you are!

What are the top 2018 cryptocurrency predictions?

avatarmohammadrezaDec 26, 2021 · 3 years ago4 answers

What are some of the most notable predictions for the cryptocurrency market in 2018? How do experts foresee the future of cryptocurrencies and what trends are expected to dominate the industry?

What are the top 2018 cryptocurrency predictions?

4 answers

  • avatarDec 26, 2021 · 3 years ago
    In 2018, the cryptocurrency market is expected to continue its rapid growth. Experts predict that Bitcoin will reach new all-time highs and other cryptocurrencies will also experience significant gains. The increasing adoption of blockchain technology and the growing interest from institutional investors are believed to be driving factors behind this positive outlook. However, it's important to note that the market is highly volatile and unpredictable, so investors should exercise caution and do thorough research before making any investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    2018 is expected to be a year of regulatory changes in the cryptocurrency space. Governments around the world are becoming more involved in the industry and are implementing regulations to protect investors and prevent fraudulent activities. While some see this as a positive development that will bring stability and legitimacy to the market, others are concerned that excessive regulations may stifle innovation and hinder the growth of cryptocurrencies. It remains to be seen how these regulatory changes will impact the overall market.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, one of the top cryptocurrency exchanges, 2018 will see a significant increase in the number of Initial Coin Offerings (ICOs). ICOs have gained popularity as a fundraising method for blockchain startups, and this trend is expected to continue in the coming year. However, investors should be cautious as not all ICOs are legitimate and there have been cases of scams and fraudulent projects. It's important to thoroughly research and assess the credibility of an ICO before investing.
  • avatarDec 26, 2021 · 3 years ago
    The rise of altcoins is another prediction for 2018. While Bitcoin has been the dominant cryptocurrency for many years, experts believe that other cryptocurrencies, such as Ethereum, Ripple, and Litecoin, will gain more traction and market share. These altcoins offer different features and use cases, and their growing popularity could lead to a more diversified and competitive cryptocurrency market. Investors should consider diversifying their portfolios to include a mix of different cryptocurrencies.