The price of bitcoin is what it becomes a bubble, but bitcoin in itself is not a bubble you just have to look at the great things that bitcoin does, bitcoin allow to us to send money all over the world without any interference by a third party by paying a decent fee, and that is not a small thing in fact that is huge just look at inefficient services like Western Union they charge you a fortune to send your payments to other parts of the world, not only that you require an identification in order to claim your money while in bitcoin this is not the case if I send you money with bitcoin you do not need the permission of anyone else or to identify yourself.

Neither bitcoin or ethereum are a bubble, just three the price went down a lot but it was natural that happened, many people began to invest in those coins at the same time because they thought the price of those coins could reach even higher prices as soon as people ran out of money the price went down, what you need to understand is that if you take the time to look at the technology of bitcoin and ethereum you'll see some of the best projects not only in cryptocurrencies but around the world so the only thing that you need to do in order to earn money is to hold those coins no matter what.

Investing your money regularly is a good option but I do not think it's the one option that gives you the best profits, if you instead saved your money and wait for the right opportunity then you can make a lot more money by investing at the best possible time, let's take for example someone that did not invested every month but instead saved his money until he got the right opportunity this person will have avoided investing in November and December he would have invested when the price was at its lowest around the price of 6000, that will give him better profits over the long term than investing every single month.

What are you talking about? The crash already happened we are in the middle of it, also when the market cap of cryptocurrencies goes up altcoins have a very strong tendency to grow faster than bitcoin, but when the market cap is going down the opposite happens and altcoins have a tendency to decrease in price faster than bitcoin, so you only have three strategies, you buy bitcoin and wait until the market improves, you buy tether or finally you cash out and get dollars and wait until the market recovers as well.

Panic selling is the main reason of why the price of bitcoin crashes, the problem is there is not much we can do in order to avoid this, after all one of the main reasons of why many people invest in bitcoin is to have complete independence from any other party which means we cannot really say to them what they can do with their money, if they want to sell then they have the right to sell those are their coins after all, however not everything is bad if they sell their coins for such a bad price you can take advantage of it and buy those coins from them.

You are correct, when the last crash happened and the price of bitcoin went from above 1000 to some hundred dollars people went hysterical and they thought that the price of bitcoin was never going to recover and many people claimed that bitcoin and cryptocurrencies as a whole were done for and yet, we saw what happened last year finally when there was a development in the technology of bitcoin the whole market went crazy and it went up and finally it crashed because it was impossible to maintain that price but as soon as we get another big development like that the price will skyrocket again.

The price is increasing right now and it seems it is not only Bitcoin or Ethereum but all the market that is going up, this is a good sign but I still doubt this is going to mean much, maybe we are going to see a small recovery in the next days but I do not really think we are going to see a growth that can be sustained for a long time, for that to happen we will have to get several good news in a row and to not have bad news in sometime and it is doubtful that is going to happen.

Well bitcoin is a currency, and while bitcoin was created using code instead of mining the earth or by printing, the function of bitcoin is supposed to compete against those two forms of currency, so to me it makes sense that we analyzed it from that point of view, maybe bitcoin is never going to realize some of our wildest dreams of becoming the currency of the world, but I have no doubt that it's going to become relevant in the future and it is important that is studied from that point of view as well so we understand better the ramifications of a currency like bitcoin.

That is what happens when most coins even those that have a very high market cap are mostly copies of bitcoin with just some tweaks here and there, that means that there are completely dependent on the performance of bitcoin, very rarely those altcoins are going to move independently only the coins that have a great team of developers working hard every day will be able to move more or less independently of bitcoin and that is not a sure thing just look at ETH a great coin but even Ethereum is unable to move completely independently of bitcoin.

It is precisely in these moments where you are the most susceptible to make big mistakes, and the reason for that is your boredom, when people are bored they do not put as much attention to the task at hand as if they were deeply interested in the subject so even if the current prices of bitcoin do not inspire you at all you still need to be very focused on what the market is doing, if you lower your guard it is possible that the market is going to move in a way that you cannot predict, so you will be taken by surprise and then you will take a bad decision because of it.

You do not understand, of course the governments can ban cryptocurrencies that is not the problem for them, the problem is how are they going to force people to comply with the ban? And that is why they are not banning bitcoin yet, they know they can change the laws as they see fit what they do not see themselves doing is winning against bitcoin, after all how can you attack something that is decentralized? In the past there were attempts of new currencies but they were centralized as such as soon as the government wanted they destroyed those coins, now they are facing a new and more difficult enemy in the form of bitcoin.

While is always nice to have both, to have a substantial amount of capital and to have good ideas if you can only choose to have one then choose the good idea, after all there is money all around you if you got a good idea and you could always convince someone else to invest in your business, just look at bitcoin it was a great idea that satoshi made a reality without a single cent invested by anyone else and now bitcoin is worth 117 billion dollars, if that doesn't show to you how it is way more important have a good idea I'm not sure what is going to convince you of that.

This is one of those things that is difficult for some to understand but that are very obvious, some people think they will have a good idea one day and start business and make a fortune without working hard but it doesn't work that way if you look at most of the successful inventors and discoveries in the history of humanity you will see people that invested an enormous amount of time in order to find a way to make their products work, so it is impossible to just work hard or work smart, you need both if you want to be successful.

I agree with this, the average person does not have the money to invest in cryptocurrencies but in anything so it doesn't matter how much of a pull a celebrity may have, a celebrity has a pull with normal people not with investors, and while it's possible that he could get some some investments out of people like those, the most serious investor will just look at it roll their eyes and move on and then invest in serious projects that can actually give him profits and that can become relevant in the world cryptocurrencies.

What you're saying is very weird, the developers are incredibly important for bitcoin you are talking as if people would just use bitcoin just because they want or just because they have to, and that is not the case people are going to use bitcoin because it benefits them because they have a use for it so the better the technology behind bitcoin the more people are going to be behind it, so the job of the developers is extremely important and also you are talking as if they do not do much when they are working in one of the most important developments of bitcoin, the lightning network.

This is not really strange at all, what you are referring it is simply called timing, you need to tell when it is the right time to enter in the market, for example it was a terrible timing to enter the market in December when the price was so high now to the price is too low, so this is the perfect time to enter the market, the price of bitcoin may go a little bit lower in the next weeks or months but I don't think is going to make a huge difference that is why I think that those that are waiting for even lower prices are taking a huge risk because you never know when the price may go up again and you'll forever lose the opportunity to get bitcoin this cheap again.

It's obvious that bounty campaigns can be a great way to promote your service or product this is why we see so many of them in the forum, at the same time I really think that if you only limit yourself to earning in this way it is going to take a lot of time before you see any kind of results, this is why it is a good idea to invest some money in the coins which show some real potential, I know that it can be hard to find those coins since there are so many scams in the market but if you really take the time to read the white papers and research the developers you will find a gem or two and if you predict correctly such a coin will go up in value your results will outshine anything that you could get out of bounty campaigns.

Well it's real because it's there but I think that anyone knows that the market is not going to change that much and it's not going to begin to skyrocket, I think we should get used to the idea that this market is going to last for a long time and that we are not going to see a significant recovery until the bad news dissipate and since there is a strong incentive to keep the bad news rolling in order to decrease the price of bitcoin then we should not expect a recovery that is significant, this can be a something difficult swallow but if you want to earn money you need to acknowledge the truth.

You do not know when at trend will start you are correct when you state that there is no way to know for sure when that is going to happen, this is why holding is a really popular strategy not only in cryptocurrencies but in stocks and bonds as well, the longer you hold the greater the chances you have of grabbing and upward trend and as we have seen bitcoin over the long term has a tendency to go up in value, there is an occasional crash here and there but the crashes have a tendency to be lower in size than a bull run, so if you are in doubt of what to do with your investments the best thing is to wait and to hold.

The truth is that is very difficult to separate both, those that work smart most of the time put a great amount of effort in their jobs and as you may guess that is working hard, and those that work hard also have no option but to work smart at some point if they want to maximize their effort, so we may say that even if I will like to work smart over working hard to do this is almost impossible to do one without the other, take the time to look at any success story and you will see the people not only worked hard but worked smart as well.