And that is the funniest thing with gambling. Once you win a huge amount, you will just want to bet more hoping the same luck will keep shining for you to win more. More the house is always smart and they will definitely find a way to take it all back.

No one opens a casino to dash out money to everyone as the essence is to make profit from people who are having fun gambling. Stopping before even starting is just the best thing to do like you said as it can also be very addictive no matter how hard you try, either you are winning or losing.

Trust me mate, in the next few years, some people will wish they had been able to lay their hands on just 0.001BTC. For anyone investing in bitcoin today, it will take the same courage it would have taken them years ago to invest the same amount in exchange to their fiat this time around. I really do not see any difference as what it takes is to buy what you can afford now and hope for the future. Those who bought 7 years ago also still waiting.

I remember discussing with my parents about bitcoin. After the merry go round and all the explanations, the last thing was we will send you some cash to help us just buy some on our behalf.

Some of these folks apparently see technology as stress and you won't really blame them since their brain can no longer assimilate that much all the things we can easily assimilate now. 2022 is such a short time for huge adoption and until the whole old generation passes, we should not even think 50% yet.

Lol, you would not blame anyone since they just needed to express their concerns at that particular point in time. The main reason I fell in love with this forum is the fact that newbie can easily gain confidence from the past threads and posts judging with now, and seeing how far we have been coming.

Bitcoin has been declared dead so many times on this forum, but I guess the result is glaring enough for anyone to see.

Sorry mate, but this cannot control volatility but will even make it more volatile. What do you think has been going on all this few years. I am not sure if you understand the control we are talking about here but the control scenario you just said is apparently not a way to control it.
Controlling is more like finding a way to make the volatility stop and not increase.

The volatility can surely be tiring sometimes but there is nothing we can do about if at least for now. However, from what you said, you got profit from 3 days trade and it was gone within hours ? Why will you leave your trade without at least setting an auto sell order if you are not present at that time. Don't look for high peaks, just always find the best place profitable for you that you know you cannot miss out if it climbs up.

I do not think that should be a huge challenge as time goes on. Adoption will most definitely determine how we end up spending or not and by the time even a BTC can buy something that huge, the adoption would have been so wide that it won't be hard for you to find someone who is not willing to accept bitcoin as payment. We should just keep hoping and looking forward to those moments.

You really do not need to think the same question cause unless you are going to be holding for long or trading what you have, there is no way you can turn $10,000 into $1million. It is a very good money to start trading with if you have the idea and can go on with it easily with good strategies, but it will take hard work and some days and some little heartbreaks before you even get to that amount.

If becoming an expert means to be able to earn good amount of bitcoin, then I think there is no need to understand the complex blockchain technology. A person will only need become good at predicting the future and must have solutions for all daily problems. Becoming an expert of the whole domain will require reading many different articles and discover all the holes also which I can't see at the moment.

As much as bitcoin is considered as an asset, it is still very important for anyone to understand that bitcoin is a currency and serves for transaction purposes too. The fact that the demand is increasing daily is why we are having it at this stage like this. It is necessary for us to go far more than just seeing it as an asset but the future of not being reaped of what we believe in and the future of being free from some people's manipulations.

Earning too is not a bad idea. I keep telling people that there are several ways you can earn satoshis with just little effort from them not until they have 1 bitcoin in their wallet. Even most normal paying jobs in some places will not pay up to 1BTC right now in some countries, so I wonder why people keep looking for ways to earn up to a bitcoin.

Get what you can get now and hope for the best. Those who have more than that now also paid their dues in the past when it was not worth much.

I read in some article recently on how the people of zimbabwe are really trooping in to buying bitcoin to the point that the value of bitcoin has risen over $7000 in the country. So many countries like this have experienced huge hyperinflation in the past and has never been able to find a way out of it.

I was surprised when I heard that zimbabwe has 1 trillion zimbabwean dollar note. I have always wanted to be a trillionaire, but I didnt know there has been a country I could have made that wish come true ...
Anyway, I so much believe bitcoin will be the saving grace for some of these countries economy.

This will only be in anyone's wildest dream if they think any government will decide to use bitcoin as official currency. The highest that will happen is for it to be adopted and also used as a means of payment alongside the normal currency which is still not a bad idea.

I do not see how such situation of using as an official currency can easily play out. However, some few countries are already shifting gear towards its adoption while some already have declared their interest.

ETH surely have good prospects with all the smart contracts and tokens and all and there is every possibility that it will increase in value too soon. However, before it increases to that $500, do you have any idea what bitcoin would have increased in value to? Not saying it does not have future, it sure does but as far as I am concerned, bitcoins' future is brighter and faster.

I am pretty sure you yourself isn't practicing what you are preaching right now. How can you go all in when investing? No matter how bright it is, there is what they call risk management. There is also an adage that says never put all your eggs in a basket. As much as they look good and profitable in that basket, have you ever considered the basket dropping? Invest wisely!

So many things usually happen so we can learn from our mistakes to make best decisions in the future and I believe you wont even make such a mistake again knowing now what you have missed by not taking the huge risk initially.

I cannot blame anybody though cause I wish I had someone who could explain the whole thing to me the way I always explain to people this days so as to have been able to make some decisions far back when it all started. The most important thing is that we are here now.

Like I always say, it totally depends on each individual and the style and strategy they make use of when trading. For someone like me, as long as the coin has always shown sign of survival or support or pump in the past and it keeps going down, I had just buy a little more at the lowest dip and wait a little longer than accruing losses.

Usually, I don't put all my funds straight up on a single coin most especially if it is just a coin with no much support, so with that I can afford to stay longer and see it as a long term hold for profit than a short one.

I bumped into this show some few days back and I was really amazed. If we keep having media dropping bitcoin in the limelight, it can really be a good one for crypto in general.

I like the show, I like everything about it at least if not for anything but for the fact that no matter what, it promotes the blockchain technology. the only challenge is just that most people do not even know about this channel except for few traders and business men.

With a good research about the team and the project, you should be able to know if it is scam or not. However, some are very good at pimping themselves, but you had be surprised so much people can know about some certain team and digging out the past. So, it is good to ask questions.

Also, like some have said, google is your friend and you can find out about the team, what they have been up to most especially on linkedin since it is a professional profile page.
Confirm if there is a project they have done in the past and take note of the success of those previous projects. Whitepaper should be the last which will make you have conviction if you feel the project is worth investing into.

They call them whales! They have the funds most especially and they try as much as possible to also use speculations to their advantage. Imagine having a whole lot of cash now and I tell everyone working under me to start buying at any rate, the value of course keeps increasing and every trader and users want to quickly get in back until we start seeing a huge rise in value (that is being able to control the market)... stuffs like this are normal and we cannot help it. Once it gets to a value, I can easily start dropping bit by bit to my own advantage to make some profits.