There is not much of a point to be afraid of the market and if you are then it could be better to get out of the market since there is not a real reason to remain in this market if someone is afraid of it, however it is completely different to remain vigilant since this is a very volatile market in which anything can happen any minute, this is especially true if you invest in coins that are relatively new since it is not weird to see a coin gaining 500% in a single day and then see an 80% crash the next day.

This is a difficult question since many people will state their opinion and someone else will state the opposite and you will see that both have valid points for their theories, but in my opinion this bear market will last for years probably 2 and in the worst case scenario maybe even 3 or 4, my reasoning is simple the crash was too big and many people lost money as a result, this not only has sent them away in panic but anyone that was ready to invest in bitcoin has reconsidered investing in bitcoin and this is not something that can change in such a short amount of time.

I disagree trading low market cap coins is very difficult, in fact it has been known for a long time that technical analysis is not really effective at that level because the coins lack volume, this is a reason why many newbies lose money they are trying to use the wrong tool for the wrong job, it is like using a hammer when you need to use a screwdriver, so when investing in those coins you need to do fundamental analysis and to research if everything in the coin is legitimate.

While most traders would like to believe they take decisions only based on facts and hard logic the truth is that many of their decisions are taken using their feelings and this is a big problem, how many people have already sold their coins after the crash and are still selling their coins today for a loss, in my opinion the majority did that and yet we all know the price is going to recover, history shows this to be 100% correct all the time and yet people still sell even when they know that information.

It is not really complicated, in order to make money while the market is going down you need to trade in an exchange that allows you to short a coin if you do that you earn money while the market goes down and lose when the market goes up, if the exchange does not allow you to do that you can cash out to fiat or to USDT and then wait for the market to go down and then buy again after you think the coin you are watching has reached the bottom, but you must be careful because this can be very hard to if you are an inexperienced trader.

Many people cannot mine bitcoin anymore, you need specialized hardware that is very expensive and you need cheap electricity costs, so the majority of bitcoin users cannot mine bitcoin at all, besides miners have gotten such profits in the past that they should be able to operate for a loss for some time and if they are unable to do so then other miners will displaced them or just absorb them, this is not really a complex issue besides it is not like we are close to the point when miners will not be profitable anymore.

Some people believe that to be the case, but as you state that is a flawed way of thinking if we used that kind of thinking we will still be hunting animals with pointy sticks, but that is not the way humans work, bitcoin is a superior technology and eventually the superior technology will impose itself at the end, bitcoin is superior to any form of fiat and it is even superior to gold and silver since it posses the same characteristics with the advantage that it is digital.

That is very easy to say but it is really difficult to implement, moving to another country has a lot of difficulties, like the language or culture, also many countries require that you have a working visa and those can be really difficult to get, you will need to have a set of skills that is difficult to find or you will need to have skills the country is specifically looking for at the same time it is really difficult to find a job with a good pay, this is not only difficult in third world countries but in first world countries as well.

You are talking about digital assets backed by physical assets, and that has not worked at all in cryptocurrencies several projects have tried and all of them failed, second you do not really understand value, something has value because it is useful not because it is digital or physical, and bitcoin has great value since its creation because it resolved some unsolvable issues and also because it created a network of computers that allows you to send payments to all of those that have a compatible wallet and that is not a small thing at all.

It is true there are many coins out there that are not really good and are looking to just get your money and just disappear but at the same time the profits you can receive by investing in the right coin right now are incredible, many coins are below their ico prices and if the developers are really working to make the project a success it is completely possible you could get even more profits than the early investors of that coin, so take your time to do your due diligence and choose a project you like and then hold no matter what, I know it is difficult but if done correctly you have the chance of changing your life forever.

People by nature are greedy but I think in this market things get even worse, people see that other investors are earning 100x with their investments and they want to get the same results not understanding those results can only happen to those that are very good at selecting icos or that were just lucky with their investments and that a coin like bitcoin cannot grow 100x its current price anymore, they just lack any kind of realistic view about the potential price of bitcoin and this is why they lose money and then they complain even more.

Your average person does not see the need for cryptocurrencies yet, they can do everything they want with their fiat while cryptocurrencies offer limitations on the things you can buy and require to learn a new way to do something, when that happens it is clear there is going to be resistance to change, but all of those people are going to lament not adopting cryptocurrencies a lot sooner once their value skyrockets and fiat itself begins to face trouble.

It is easy to tell where cryptocurrencies are going to be in the next years, cryptocurrencies are not going to disappear in a couple of years in fact I see the opposite and I see them gaining more adoption however it is not going to overtake fiat, what we are going to see is a greater awareness about what cryptocurrencies are about and a recognition they have something to offer to everyone and as more economic crises happen all over the world more people will adopt bitcoin as a way to protect themselves from the consequences of their governments printing too much currency.

The European Union is the one that is in trouble they wanted to create an economic union and they thought they could force political integration and like always they made the mistake that they could force people to do whatever they wanted, now they are realizing that an economic union only comes from a political union similar to what happened to the US, so the Union and the Euro are going to fail because they are nothing but an experiment that was never going to work.

That is the healthy thing to do if you are going to be trader you need to be able to overcome losses quickly while still learn a lesson from your losses but most of the time I see the opposite, people that do not learn anything from their losses and at the same time they seem unable to overcome the fact they lost a lot of money, while that is something they should have been expecting from the beginning since it is impossible to win all your trades.

The world economy is based on debt, they are borrowing from tomorrow to spend today and things are not going to improve anytime soon, this can only get worse and the worst part is that governments will try to get out of this by printing more currency and creating more debt and you cannot get out of the current crises doing exactly what caused it in the first place that is when we are really going to see which one was right those that bet everything to fiat or people like us that believed in cryptocurrencies.

Pump and dump groups are the worst they make it seem as if they have some insider knowledge about which coin is going to go up but in reality they begin to accumulate coins before all the other members and then when they give the signal to buy a particular coin they wait for the right moment to sell, in my opinion this is not really that different from stealing your private key and the contents inside it since they are stealing from their members in a way similar to what a hacker will do.

That is a problem for those that begin trading, people that start trading do it obviously because they want to obtain profits, but at the same time trying to get profits by trading in any market is something very complicated and yet I see people putting in the line money they cannot really afford to lose, and then when they lose it they try to understand why this was the case when it is very easy to know that this happened because they lacked the experience to begin trading, and that they should have waited more time and got more knowledge before they began trading.

Yes it will affect it but it will be in a good way, when the next economic crisis happens people are going to finally realize the fiat they are holding is not worth anything and they will do anything they can to obtain something that maintain its purchase power, gold and silver will be in extremely high demand but I think cryptocurrencies like bitcoin will be in high demand as well like what we have seen in the local economic crisis of some countries already.

When you are trading you should have a mechanical system to make profits, you are supposed to buy immediately when you see some signals appearing all together and to sell when the same happens, but people rely on their intuition and when you do this and you do not have a system then it is way more likely you make mistakes since now you are relying on your feelings, I know it can be very hard to do what the system tells you when your feelings tell you the opposite but if you want to earn money you will have to do it.