I agree that there is no definition that can be used with 100% accuracy, that bring certain success. Getting knowledge from all the source that can find, every person increase the chances for becoming successful in trading.
There can be failure when the person is self educated. Professional trader is someone that has professional education on that field. It is almost impossible to became as good as professional by just reading, learning, be active through practical operation... Those guys finished high, renowned schools, faculties. By my opinion, getting help from that kind of person is one of the most important part in learning about trading.

Yes, this is not first time that I hear about this scam attempt but at the same time, people should already know about this unpleasant possibility of events. Not just in crypto world but In generally. Those people will try and most certain will find someone that will pay requested amount but I don't think that it is significant number of people that will fall on this trap.

The interest of majority is to gain some profit. Most of the people even do not care what bitcoin is, the only thing that they care is a possibility to be richer tomorrow than they are today. In theory it can sound ridiculous but I believe that there are people that gain lots of fortune and for them, investing in something called bitcoin turn to be the best investment of their life.

The history oh bitcoin value journey teach us that there was ups and downs. Few weeks ago I saw a chart with bitcoin top prices at the end of specific year and it looks like every second year it is decreasing in value and opposite, every second is increasing. That was the look so far, will it keep that trend, we don`t know but I honestly hope so. When taking just that observation as value criterion, you might try with investment. There is real risk of loosing funds so I always like to suggest not to invest amount that will mean so much to you. If you are capable to earn that amount in some decent time back by working daily job and repairing the potential loss, you should go for it.  

Basically it should be, just now is maybe not good moment to speculate about it. For some period noting is going on but downfall of the price and improving your economy is not possible, for now.  Bitcoin price will probably increase soon in the future and I think that we all here hope so.
Off course that it is not wise to put founds as much as you have, it is never good solution. Unpredicted things can happen and you might cause yourself some economic problems. Even if you hit some good moment and make a profit you should put as much as you can handle, not as much as you have.

Analysts were right, it did fall in price under the 5000. Now it is on margin between 3500 and 4000 thousand. The time wasn't right to buy but it's easy to say that now, since it's in the past. I still wouldn't know to say is it right time to buy but it hasn't fall significantly in price for some time, I hope that it will go only up from this point.

We can not know what Sathoshis reason for  creating bitcoin was. Maybe someday, if he reveals himself we could ask him.
Crypto certainly bring some fortune for some people, but I wouldn't call it a quick scheme for getting rich, specially at this stage. When value of the coins was significantly lower people could and did have space to earn a lot. And didn't have to wait for the profit for very long time, five, six years was enough.

That is basically something that person have to do getting engaged in any field, not just crypto. Whether if it is hard, impossible or so, to know what is right thing to do at right moment, especially talking about crypto market, knowledge and experience that you gain, theoretical and practical pet, will bring only good to you.

The decision should be yours at the end despite everything that you will hear. I personally would invest in ETH because I feel secure with it, it's a good platform and I believe in its future. At the end, almost all the coins have practically same trend and their prices are growing pretty simultaneously so choosing some known, strong coin is maybe the best idea.

Standard things, doing research on all levels. Even then there are no solid guarantee that project is going to be worth of the investment. That's just the way it is on this field. Maybe list of associates and co-partners of the ICO can mean something in making choice. The support of big name, Microsoft for example, would make me believe and be more comfortable for making decisions to invest on it.

Good advice for long term holding. With uncertain investment like this, person should really have strong nerves or playing in their comfortable zone, investing just they can handle. Believing that you can earn someday and letting it be, is enough. How big is the assets that you invested is important factor for persons individually. Some will check out the price and condition on weekly or monthly base but some that invested more that can handle will look from hour to hour what's going on on the market. They just can't help themselves, it stronger,the stress is to big.

Very important question too is how much your father paid bitcoin. If he was in profit, scare of losing funds could make him thinking about selling it or staying on hold. Even then it is hard to make any decision, bitcoins value was decreasing very sneaky through whole last year, making people to think of the trend as something that is current and that market will recover soon. Should I sell or wait is question that no one can give right answer based on the valid facts. I hope that your father sold the coins then and that he bought them again on double cheaper price.

Very speculative subject, have a space for serious discussion. It can also look like a good, carefully planned project from some totally other 'entity'.  Nobody can say for certain IF Mister Satoshi was truly a creator of the bitcoin. Anonymity maybe effect on and brought good look to bitcoin and other cryptos at the beginning but nowadays, if I have any interest to be part of, or to use it and have benefits out of it, I actually don't care who, what, where... I think that I would have same approach if I knew who he is. Good project, good idea behind it.

This is actually great strategy, maybe only workable. To get your whole salary in crypto would be stupid because of unstable price. I would accept this kind of agreement, always increasing my bitcoin stash, leaving  enough of the salary for basic life needs.

I couldn't agree more with you. If the world society continue to advance in same trend, and the world survive every potential treat for our existence, the technology will definitely bring something new with it.
30 years is long period of time and I really think that something new and different might be a new crypto currency world...

I believe that there are two kind of people who sell when it's not a good time for it; those who have no other option but to sell cause they need cash, and those who are not taking serious crypto world, heard about possibility of making profits, invested and when saw that things are not going like they thought it will, make an escape out of the crypto investment.
A friend of mine find extra job, just not to sell his coins because it's not the right time. Couple of my other friends are mining some coins and not so long ago they were mining with minus profit, but they also don't care to much about it because they strongly believe that things will turn into other direction.
Different kind of people, different point of view, different actions and reactions.

Yes, I sold some amount of my bitcoin and I invested in some merchandise that I've resold and I am still doing it. I love plan B philosophy, it's something that is necessary in life of every person. Nobody should rely on one thing only,. It can go wrong and you don't have to be very smart to get that conclusion.

It is very hard to act properly, as you said, always waiting for some right moment without even knowing what that moment is. Those predictions about 50 or even more hundreds can guide people on that side but as we could see, those predictions were wrong. And what now? Waiting for at least half of its ATH value to get some satisfaction. And again it is the question would you sell again.
A guy here said that you can only make mistake once, after that you will learn. I agree with him. You just need to track the happenings on the market and react. But big number of people are waiting, believing in 50 thousand. Greed could cause missing the opportunity to earn some. I am sure that big% of people have that same issue and have no solution to overcome it. I am different kind of person, I like to play safe, but I knows tons of people that are, and have no way to solve this problem. Simply It's in their nature.

Also wrong in my opinion. Because lots of unpredictable things could happen(bounties that does not pay for participation in it, gambling as itself, loss of value and as so losing the funds...), it is wrong to depend on bitcoin and crypto currency as a main income source. There is no guarantee that you will have certain income, therefore basic life needs and existence itself are jeopardize.

All the reasons that you applied are bad advertisement for ICOs generally. I know that this kind of things are happening and people lose their faith, are not willing to be part of it. There are good, legit projects, but in the sea of all the ICOs, you can never be sure. If there is no support of the community, there is no project at all. We will see what future carries...