I too think so. People are fed up with the constant price swings at the same price. We are done seeing the price at $6.6k or somewhere 5-10% around that price. We want it to either go down properly so it can get back up to bigger numbers or we want it to at least directly skyrocket once again to show us it is still alive.

I think we need to really realize that whenever the price of bitcoin stays the same for a long time in the end a bull run comes. Check out the historical data, it won't show you "bitcoin goes up every December" or something these new people think but it will show you whenever bitcoin stays at the same price for a long time it skyrockets all of a sudden.

Apart from even betting without any analysis of the game which is all centered on luck anyway, no matter how much you try to analyze sometimes, the thing with most sport betters is that they are always not cautious of their losses when put against their winnings and they get greedy a lot as well.

It is just like any other form of gambling, since we cannot see the future anyway and the thing you want to be doing is to predict what the future possibly holds and in that case, you really should know the chances of losing are higher than the chances of getting lucky and you want to play safe based on that knowledge but very few people do and not just in sports betting but general gambling.

When it comes to the generalized market and decentralized market, this is certain; we all control it, but when it comes to some centralized market like ripple, I can bet that this is a highly controlled market. But unfortunately many people from this community not at all ready to understand this fact.

Now, in terms of control, this is not about someone trying to put a hold on the market, or trying to fix a particular price or something, and we all know for a decentralized market, it is something hard to achieve anyway.

On the other hand, knowing that whales most especially when a market is new, will always have an upper hand, is the reason why we see prices being manipulated but all these is something that would change over time with real life usage and this is when you will get to know what is best or what is not. Whales will lose their power over time when cryptos grow bigger then absolutely we will enter into the system of decentralization.

That is just a start as there is so much more to come. Now, a time will come when PayPal will beg for usage, but of course, since the owner have always been clamoring on blockchain technology being the future, I am sure they may as well just integrate blockchain in their system in the long run and maybe turn to an exchange. Just thinking!

A lot is changing, disruptions with blockchain technology, digital age kicking in and trying to eliminate the usage of physical cash and really, some section of the world will always find it hard to be able to cope and adapt to these new changes and most especially the old ones, so this to me was like a punishment for trying to force that old man to use We Chat Pay or Alipay by all means.

Why should anyone even be afraid rather than them taking advantage of the lower market ?

There is always going to be two sides to a market, which is either up or down and I wonder why people would just keep thinking the market would keep moving up as they please, and that shows the little understanding they have before even investing in the market in the first place and that is of course a very bad thing to be doing.

Bear phase will always come and go and then the advantage of a bear market is that it gives you chance to buy lower for the long term which is what a lot of people because of their fear and not understanding what the future possibly holds, always end up missing.

The best thing like you have said here is to be optimistic and be cautious at the same time. If we are to look at the sentiment in the market and the bullish nature some of the altcoins are already showing, it is normal to start assuming that the alts are back or they are prepping up to start another bullish journey.

Moreover, this is one thing we will just have to wait and see how things would pan out. I believe regardless of the whole EOS sentiments, ETH will still always have a place and a community in the long run, and we even all know that this is a highly speculative market, so it is not like the possibility of seeing even shit coins go bullish is not there, let alone, seeing ETH go bullish.

For most gamblers generally, the benefits are really not applicable to them as far as I am concerned. Come on guys! Take a look at the OP's list and it so glaring. Everything glaringly shows that at most of it, the government and the platform or casino owners are the ones who stand to get the benefit with an assured statement even by the OP.

All the above, take a look at the 4th one which is the only thing on this list that I would say sensibly applies to a gambler, but even at that, it states, you COULD win! I guess that statement on its own is just explanatory all by itself.

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How can you even consider bitcoin is remotely predictable ?
It is not predictable, bitcoin can do anything tomorrow and we can't know why it happened and no one would be shocked at all. It is as unpredictable as unpredictable goes.

Bitcoin can be $3k tomorrow or $9k and no one would be shocked, we would be either sad or happy but we won't be shocked, bitcoin did those thinks before. That is a x3 difference from $3k to $9k, that is a huuuuge swing yet we would accept it like "yeah bitcoin does that" in either case. Bitcoin is not predictable, the market is not designed to be predictable, you can't know when mtgox trustee can come up and sell another $10k, you can't know these things.

The thing right now depending on how one views it, is that the falling wedge looks intact as well as the descending triangle, but nothing can really be said now as the market can still end up dropping in a way that one would least expect in the long run.

We may say a descending triangle which is bearish, but that does not mean the market can still not break upward as we have seen different scenarios like this is the past, but whichever way, time is the only thing we have at our disposal which we can make use of and like you said, which I certainly agree with, making any long term decisions at the moment until there is a clear signal is always a dangerous and risky move that must be taken with caution.

According the to 24 hour volume of the exchanges on the coinmarketcap data the answer to your question is clearly a yes. People were investing and trading like crazy during December months and the low prices we have right now has lower 24 hour volume as well.

Back a week ago when ripple increased like hell and everything else also followed it a bit even tho maybe not as much the volume spiked up a lot, meaning when the volume goes up the prices go up as well. This kinda shows us that the price stagnancy or price decline results with less people interested in crypto and price going up means more interested people, but it could be vice versa as well.

Yeah, halving has always come with some pretty good increase and so far, we have seen that bitcoin tends to increase within the same certain sequence interval over the years since inception. Yes, this is not something we can say one can be sure of yet, but I am sure during this year, we may likely have this come into play.

Nevertheless, we also have to understand that the bull year have always started above the previous ATH or close to the previous ATH, so in that case, I would even be going more bullish in value if we are to make it look more like the market doing a x16 at around $19800. That would be some whooping amount of money.

Keeping away from this world because it is a bear market is not really the best advice to give, neither is it the worst as that depends on the individual who is attempting to make such trades.

When you are new to something, the first thing you should do as a person is to learn as much as possible the basics of trading, the different strategies you can get to see and how to use each strategy to make a trade, choose those that you feel aligned with and practice them each for a long time, and see which you feel you are better with and then build confidence around it to be able to start making real life trades.

Nothing good comes easy, as you have to sacrifice a lot of things to get it right, but at least, with the chances of demo trading, you do not have to sacrifice real funds before getting it right.

I think about 5% seems like the logical place to start. I do not like to use stop loss too much because I usually cash out what I earn from bitcoin payments and keep couple hundred bucks in just in case for future emergency and to be honest it doesn't really change all that much if you have couple hundred bucks and the price drops 10% or so. That is at most 10-20 dollars loss for me, I should not react to that.

However, if I had a lot of money than I would have used stop loss at 5%, if I lose 5% than I would want it to be sold and try to rebuy it at a lower value to make it worth while for my losses.

I do not know what happened to ripple but it literally increased the volume of crypto trading all by itself in one day and created a bullish run for everyone involved. I mean we are talking about over 60% increase on a MAJOR coin and it even reached to second coin beating ethereum in a single day of trading.

I agree that ethereum dropped a lot because of all unsuccessful ICO's and even the successful ones selling their eth to create a fund for them however beating eth in a single day of trading even while eth was going up is a major deal. I think ripple does have an amazing future.

My thoughts exactly. I used to work for people and it was impossible to get money from other people when its low amounts, sometimes I got scammed, sometimes the payment option I was using made me wait until it was over some limit to get my money which means neither I got the money nor my customer kept his money, it was stuff like paypal that kept it.

With bitcoin now I can work for a dollar if I want to and the payment would be easy and instantly compared to other places. Remote work has been improving significantly and insanely quickly thanks to bitcoin and we can accept payments from all over the world with ease.

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You already said it yourself, it has a lot of supporters and it has so far been able to create some pretty good value in the space, so you should know already there is a future for it.

However, you also have to understand one thing though, which is the fact that when a market is going to end up recovering or at what price it would recover is not known to anyone. What is important is to monitor the trend, see where it is best enough for you to get in and be focused more on the long term.

The truth is that no one knows if this will work or not, but at least, it is an experiment and it is worth the try, It would work if the market tend to pick up pretty much but since all he is doing is more like buying the dip and holding, I guess in some way he may really be lucky buying the real dip and in some cases, trust me, with the way most especially the altcoin market is, you may end up not actually buying the dip and you may go a lot lower within a short period of time.

I am still a lot curious to see how this would be for the OP, and I believe time will tell.

Well, that is if you are trading with knowledge. Trading may be full of surprises, but you also have to understand that the same way it is full of surprises on the way up is the same way it is on the way down and you do not want to be caught in the web of losses when it just keeps going down.

If you want to trade, better to learn very well, and even if you want to make such amount of money, you definitely need some good capital to do that, but at the same time, there may just be some period where there would be bad market conditions and if you do not have the knowledge and experience to pull through, you will certainly get burned.