Please don't sell as of now, right now the market is fluctuating in the value of Bitcoin has reduced which might bounce back again just like it did in the past where in a dropdown before reaching $40k, if you are made a good amount of profit according to today's price then you may go ahead and sell it off if you want to stay there and not bothered abot further profits. Else I would request you to hold on until the value surges again which will happen sooner as there has been no negative news and rather news of new institutional investments are trending which will surely push the value upwards.

Why not start with bitcoin? I would suggest you to start with bitcoin as the value of Bitcoin had dipped a little bit hend ei would suggest you to buy at dip and sell when it recovers. Once you are familiar with this then step into altcoin starting with too altcoins like Ethereum and Imas per your research uniswap is a good choice as well and it had just gained over 100% in last three weeks and then dipped is s bit further

This is really getting interested day by day and at the same time there is a fear which looms around my mind that what might be the long term strategy of institutions purchasing huge amount of Bitcoin's? Should we consider this as normal adaptability or else a long sighted plan to dominate the market and patronize it in the future once they gain enough share to run the show? It's basically like ROI or technology and we have already chose ROI over technology.

A mere 11% drop after surging for over 300% isn't a big deal but rather we should be worried about it only in case of continuous fall on consecutive days, I would rather discard negative articles unless we find a concrete proof for fall of bitcoin which i don't think will happen at this moment. I consider the recent fall as correction phase wherein Bitcoin over achieved the new ATH earlier than expected and we may see couple of more correction phase before gaining a bit of stability.

Well, I believe most of the forum members would regret not buying bitcoin back in 2011, as we thought it's unreal but I am glad that I started earning through signature campaigns when Bitcoin was trending as low as $300, I still do regret not investing into Bitcoin at the begining of 2019 wherein Bitcoin was still affordable and it's not going to help us just regretting the missed opportunities, instead we need to buy at next dip.

Yes I can relate to the situation as they will just use common phrases like end of bitcoin, bitcoin is bubble, etc but the saddest part about the FUD is some of the new users gets trapped by believing in them when their negative prediction coincides with bitcoin dump which leads them to panic sell at undervalued price and thus setting up a new low.

I think we all should take a pledge to educate the forum members by occassionally sharing posts about how to avoid panic selling and alternative when the market goes down.

I am not a fan of fiat or regulated currencies but at the same time if Bitcoin replaces fiat which will never happened but just for example if we consider then it would be brutal for normal users like us as miners will just increase transaction fee to an unaffordable limit for their own benefits as most of the mining field are backed by institutions, at the same time the price of bitcoin will be easily manipulated by whales for their benefits and I think it would be absolute chaos.

Yes, we have witnessed this in 2017 as well as if we calculate the returns this bullrun it's ETH which has outperformed BTC. But unfortunately, this moment is not the right time to experiment with funds wherein uncertainty is looming over the crypto market from past 2 weeks, eventhough we have seen some positive signals today but still we are going through a crucial situation that will either lead to further pump or bear market.

You were not wrong as you got huge profit if you are still holding it and at the same time you need to keep yourself updated with market trend as it's still volatile and if you have a look at bitcoin chart for last one week there has been fluctuations but Bitcoin has dropped almost 25% from its ATH. Just don't do the mistake which many of us did in 2018 wherein we were waiting for bitcoin to reach $25k for cashout which didn't happen and we were into deep bearish market for next 3 years.

Everyone, please don't panic sell by losing your capital as this forum will be flooded with FUDS since the value of Bitcoin has dropped to $30k which will lead so many people to post negative article against bitcoin which we have come across in the past. Just ensure don't cashout in hurry and rather do a proper analysis to avoid any possible loss as it's bit difficult to control emotions when we see numerous negative posts predicting a downfall.

Since the beginning of Covid-19 that has been no impact on crypto market there were numerous predictions that the market will collapse as covid led to economic hardship in most regions and many businesses got shut down but for Bitcoin and crypto were not affected by it instead bitcoin is going through bullrun during covid and thus release of covid vaccines will not make any impact on Bitcoin as these both things are different streams which is not correlated.

It's not that easy mate and had it been the case then Bitcoin should have crossed $200,000 way back in 2019 itself but 2019 turned out to be a bearish year with lot of disappointment for both Bitcoin and altcoins as well. I think this prediction doesn't hold any logic, but yes January has always been bearish which usually used to start from Christmas but this year it was the different.

At this moment the crypto and bitcoin market is plummenting so let's be wise and refrain from new investment for a while unless you are a long term investor.

First of all the value of Bitcoin depends on demand and supply as we are aware and whenever I hear any news related to Bitcoin let's say any institutional investment gets into Bitcoin by default the demand is increased the searching the price and then any of the institution or whales cashout it plumments. When it comes to buying the Bitcoin, buying it through fiat is not the only way as there are various campaigns and services through which you can be paid in bitcoin and I agree it ultimately ends up in bank account for average users and there is nothing like fooling ourself because until it's stored as Bitcoin itself until it's converted into fiat there is not third part interference.

No, altcoin season is yet to start and currently it's only Bitcoin, Ethereum and few other top altcoins which has been bullish especially bitcoin and during last bullrun when the value of Bitcoin increased it opened doors for altcoin which is missing this year, hopefully we will have full fledged altcoin run sooner but there are too many shit/dead coins this time compared to previous bullrun. If Bitcoin rallies at good pace then we might see funds invested into altcoins depending on it's affordability which will provide breakthrough for further pump (similar situation happened with Ripple in 2018).

It depends on where you are based and in USA you may not be able to minimise the tax of get away from it wherein it's easier to dodge the tax on crypto. I would rather suggest you to plan something to recover the tax amount either by focusing more on trading by maximizing profits so that you don't feel the pinch looking at tax amount. You should consider tax as a green signal that Bitcoin and crypto will not be illegal.

This is one of many who are against the concept of bitcoin itself but we all should respect other's opinion which was missing in this content and moreover he should have stopped stating why he don't want to invest into bitcoin rather than asking others to stop investing into bitcoin. This shows lack of research about Bitcoin and crypto, sooner or later these folks will be turning towards crypto and I am not against gold but gold cannot be compared with bitcoin as these are two different domain.

Fud spotted, I would like to ask how long have you been into crypto? Don't you think all the hurdles placed infront of bitcoin by SEC and regulators but they failed to stop Bitcoin and other crypto coins. I do understand there are shitcoins which will disappear but this doesn't apply for all the altcoins. I would suggest you to read bitcoin's history and struggle then you will understand that sec or government cannot shut down something they don't have control over.

It's definitely going to be the institutions who will as biggest winner of the current Bitcoin bullrun as it hardly takes one major dump to send panic wave across the market wherein so many naive users as well as short term investors will end up selling their Bitcoin which will be bought back by institutions or whales. It could be normal users like us who can emerge as winners if we decide not to sellout Bitcoin and can only invest the amount which we don't need immediately.

At this moment things don't look smooth for bitcoin as it has gone through numerous corrections and we have seen sudden drop in the price, I don't think we can speculate much about Bitcoin's price or new ATH because even experts are unable to predict much due to volatility and if Bitcoin would have followed prediction then it wouldn't have touched $40k so early. I think next few weeks will decide the Bitcoin price for this year.

Let me reiterate once again that yeah your predictions may cime true as everything is possible let it be a worst dump or unexpected pump.

I would request you to keep the initial investment aside and reinvest the profit into bitcoin because if you reinvest everything then you would think of panic selling if the market fluctuates, again reinvesting the profit is very risky but if you are in for long term then reinvest into Bitcoin else look for day trading as there are possibilities of good income when market fluctuates.