I have a live real example with me, my friend who is really a great trader and made over 30 btc+ profits during the worse market we have (these last 6 months) with just 1 btc is an insane trader and always finds a coin that will eventually increase even tho he keeps holding them for months he trusts that a coin he bought will always go up.

He didn't even sold his coins when they went up a bit and hold it because he believed they will go higher and he was right. Now this dude who is an insane trader really told me that he would never even consider margin trading during such a market because even tho the price can go up %20 in a day it can also go down 20% in a day, and even the slight 1-2% changes can get you closer to liquidation prices so he stays away from that.

Around $100k is the max it could ever reach, I doubt it will ever be $250k levels or so, I think $100k is definitely the max we can have for a long time before dollar really becomes devalued and worthless, until than there is no way it can go any higher. Think about this nasdaq and nyse are the biggest 2 stock exchanges in the whole world and they combine worth 27 trillion dollars or so, and we are talking about ALL public companies in USA which means 27 trillion dollars is really an insanely high number.

If bitcoin reaches to $100k it would 2 trillion levels, which is definitely doable but that is just bitcoin so with crypto and all that it would probably be around 4-5 trillion levels, which is 1/5 of the stock exchange which is really realistic.

Always the best time to buy at lower prices. The price may still go lower and the truth of it all is that no one knows but what is glaring in the market right now is that the market is trying to take some giant and bold step towards the bull side, which to me is something no one should be missing if they ended up buying the dips. Let's see how long this bull moment is going to be like and if it would be shifted towards btc as well to be able to break above $8k.

It is really a great opportunity and we can see the level at which each market are beginning to show some level of strength with the bulls stepping in. At least, what is very important at this state is to take advantage of the present moment and see how things would end up panning out in most cases as time goes on. For now, the bulls seems like they are excited and the market is bringing about some greens after a full month of red, so let's see what September will be having for us.

Bitcoin rate has always been fluctuating, and I do not see that changing at any time from now. So, I do not expect that to even be what one should be thinking towards in 5 years’ time as it is inevitable. However, I believe that in 5 years’ time, some developments would have rocked the market to make the buying momentum increase based on adoption and probably by then, we would have started seeing some real life usage of bitcoin as currency which would have generated a lot of adoption, increase in value hugely and a lot of people here now being enriched in the process.

I am sure development would have been past the stage we are currently in, probably scaling issues would have been a thing of the past by then and the currency aspect of it being utilized effectively as well as mainstream adoption kicking in. 5 years is a lot of time from now and for what it is worth, I believe it should be far better than where we are.

Yeah, we are really getting closer as we keep moving on. One thing for sure now is that we are not where we used to be and in just this short term and even with very little adoption, we still have been able to hit up to a quarter of a trillion dollar market, then I believe it is something we will get to see when more adoption kicks in.

Development keeps coming year in year out and people keep seeing the need to be a part of the space, as this moment keeps going on like that, we will get to see the market soaring higher than before and the likelihood of seeing a bigger market in terms of capitalization.

I think it should go mainstream right away and its already too late for most stuff to not have a tech like blockchain.

Blockchain provides you with a trust system, a way to keep books and definitely a way to show other people the legitimacy of the transactions. From accounting to insurance, from medical to real estate there is unlimited amount of systems that needs to be put towards a blockchain and get bigger and better that way.

The more we wait on these kinds of stuff the longer it will take, eventually those sectors will realize it but at that time the time required already passed, so the quicker we get blockchain into those type of stuff, the better.

Good try on advertisement but I do not think some offshore new coin that hasn't been proven on the market yet is the solution to buying stuff with it, specially buying high quality stuff with it. I think either we will start using bitcoin (maybe ethereum would do as well) to purchase stuff first than the other coins will follow that or I would probably not use coins at all on regular purchases.

So far only thing I have purchased with bitcoin has been the vacation I took, I purchased it via expedia that allows you to pay with bitcoin and went there and that was the only time I actually ever spend bitcoin on real life value stuff. Except the freelance works I buy like graphic design works and coding.

Impatience is just what worries a lot of people and this is one of the reasons why I keep saying a larger percentage of the new investors coming into this space now, are never real believers and this is one of the reasons they panic easily since all they care about is getting rich overnight.

The real believers who understood perfectly well what this space means and the advantages it brings in the long run are the very early adopters which is one of the reasons why it was very easy for them to hold as much as possible. Ask so many people today, just because of a downtrend, and for the fact that they are not even up to a year in this space, they feel it is the end of the world for crypto.

Real estate is not a bad investment quite alright, but we also have to understand that it is not an investment for everyone. It is a high lucrative investment and even though you are going to be getting a lot of profit from it, you are also going to have to be putting in a lot of money and chances of a high risk as well when it comes to that.

Nevertheless, I still have not been able to see any investment so far that would give the highest ROI than cryptocurrency. Things might change later on when we start reaching the laggard phase in terms of huge market movement, but for the way things are currently for early adoption, it seems the best so far.

At this point I do not think creating a new casino or a dice website would be logical, I think if you are capable of spending that much money than I would rather buy another persons casino from what its worth. That way you are buying a casino that is already running, already known, already has workers and already has promotions going on.

You will have to give him a big chunk of the money or at least offer him something he can't refuse and in the end you will own a successful casino that is working and making you money from day one. If you can't afford that than you probably can't afford start one from scratch neither because it would require at least that much to own or make a new one.

Increasing self-confidence if you win a game is like setting yourself on a suicide mission because you will end up losing everything at the end anyway. One thing you want to do is to fix your mind to the idea that you are bound to lose everything if care is not taken, and the fact that you got lucky today does not mean you will get lucky tomorrow since it is not like all the luck is meant to be for you.

If you want to have huge fun, exercise the brain and gain confidence on something very realistic, then gambling should not even be the first on your list or possibly not be on your list at all.

Yeah, proper due diligence is what anyone need to always be concerned about to be able to get rid of investing in scam ICOs.
There are still scam ICOs that has been pushed out even during this bear trend, so it does not really matter what the trend is.

It is not surprising though since during bull periods, we always get to see new investors coming into the market and since all they are after is getting rich quick, they are gullible enough to fall for anything and that makes the idea of having quite a number of scam ICOs during this period rampant.

Well, every bad move usually makes those who are still in need of the service to curb those negativeness surrounding bounty. Whether we like it or not, we will always get to see things like this unless we want to start deceiving ourselves.

Humans cannot be the same, as some are trying to make a living investing in the real world, we tend to see hackers trying to steal from them and the same thing happens in the bounty world, where some have just been cursed with the cheating habit that they just think that is the best way to get themselves rich overnight. Apparently, since a solution has been found to most of the problems, I really do not see it as a major challenge for the honest bounty hunters.

They can still be quite useful in the crypto space as well.

Honestly, they actually work the same way and I do not see any difference except for just the volatility of this market.
As long as you understand the indicator you are using, it is aligned with your style and strategy; it would be an easy way to go when making decisions in the market.

What is just important is having that understandings that it is a market, and you cannot 100% rely on indicators or TA thinking as long as they speak your language, everything is okay, as no sane trader will ever do that ?

Ability to know there is a huge need to learn and pursue that knowledge is one thing any wannabe trader must first be looking at and no matter the platform being traded on, either Forex, crypto or stocks, it is still very important as it is still the same set of principles that cuts across anyway, except that the markets are volatile than each other.

Moreover, if you want to get the best from any of them, you will just have to learn very well. Trading cryptocurrency is very interesting though if you have the knowledge and strategy to guide you as you can make a lot from the volatile market.

I usually read here, read reddit and twitter. Those are my only places to go and find whats going on in the crypto world. That way I am not left behind.

The best place to really check whats going on is here because here you can find all kinds of stuff and you can definitely see both the articles about subjects and peoples comments on it and only people who really love bitcoin all comes here so in places like reddit and twitter there are bitcoin people but there are also no bitcoin people as well, everyone here loves it so you see the positiveness in the air when you read something. That is why bitcointalk, after almost 10 years of operation is still the best place for bitcoin ... talking .

People will always lose money from trading because they are so much in a rush to practice when they should still be gaining enough knowledge and practicing with so little before even attempting to start going big on the market.

I was once in this case, read some basics, and the usage of certain indicators and I thought that was it, only to hit the market and realize there are just some decisions you need to be able to make to get the best from the market at certain point and not just all about the use of TAs or indicators. If you cannot take your time to build this confidence from experience, you will be making silly mistakes and adding emotions to trading whether you like it or not.

Once we start seeing some little correction upward, people always tend to raise their hopes too high when in fact, the market could be greening up in the short time frames, but in the longer time frame, it can hit back to continue the downtrend as the case may be. The $5800 could have held now, but that does not mean it would hold again if retested. Like you said, we may already have bottomed, but that would make more sense if we are able to continue an uptrend from here and at least break above $8k.

To decide about this year's threshold value, we must wait 4 more months as 2018 has not ended and we still have about 4 months left to wrap it up, so anything can still happen.

Yeah, due to this support holding pretty well for a while now, we might see some pretty good movement upward, but at the same time, that does not mean the bears are still not somewhere around the corner, trying to look out for the best time to hit on their prey. We cannot say the bottom price yet, until we finally are able to print out a higher low. Time will tell how things would suffice anyway, so, no rush!

Some of these things are normal since a lot of people usually do not have pretty much good knowledge to be able to make any decision in the market and considering the volatility of the market, they are usually always scared not knowing what could be happening next.

For instance, someone said on this forum that he has been buying the dip right from $14k and still buying the dip until now without knowing if the market could still go down the more. It is still a good opportunity for those who understand the long term opportunities, but for some, that is something they really are not after, except to want to get rich overnight.

Hopefully we will see it rise beyond its limit but as it is, it may not actually be this year as there would still be some period of consolidation and a recovery to switch back to an uptrend before we can even start seeing something huge at all. Many people are expecting big changes in volume before end of this year but sadly except few major exchanges, the daily volume is not at all improving.

Even though we cannot expect the same thing to happen again when comparing 2014 to this time now, but it took 2 years before bitcoin could test the previous ATH from 2014. Times have changed though, and simply with a lot of development coming up, things would move faster than previous years, but I really won't put much hope to it anytime soon.