China is no more the heart of bitcoin environment.Bitcoin now has investors world wide.Despite china's strict actions to ban ICOs and regulate bitcoin exchanges,bitcoin has successfully recovered from price fall and now its $4,000.It clearly shows that there is a huge buy wall for bitcoins.Now,the only field remaining in which china is dominating is mining farms.Soon,it too could change since japan's internet giant GMO has announced that they are going to manufacture their own ASIC miners for mining bitcoin.That would be a great competition for bitmain of china.So,bitcoin could survive successfully.

Cheer up Guys.As already expected,bitcoin price has increased to $3,698.Very soon,it could cross $4,000.Tighten your seat belts.

Its not bad to be optimistic.But ,investing all of your grandma's money in bitcoin seems not to be a wise decision.You should have explained her about the risks involved in bitcoin investment.If bitcoin price suddenly falls,will she be able to bare it?But,the situation which has arose is due to china's actions and panic selling following it.Very soon,this situation would change.Let's see your grandma's luck.

Good news.BTC price is recovering and its now $3,390.I think the panic drama has ended and ray of hope is seen once again.

            BITCOIN  -  UNSTOPPABLE

It was a huge fall in  bitcoin price from $4500 to almost $3100 within two days.But good news is that bitcoin price is recovering and now its price is $3341.That shows a great ray of hope that bitcoin price would soon recover.just after china banning ICOs,adding fuel to the fire,lots of FUD were spread that china has banned bitcoin exchanges too and other countries too would follow this same method.This created panic among newbies making them once again weaker hands forcing them to sell their bitcoins.But i think the recovery stage has started.It would be better to put our seat belts tight getting ready for mission to the moon.

Since bitcoin is a new invention related to technology,it has reached tech guys first.Then its increasing price attracted traders to buy it.Just now,knowledge about bitcoin is spreading to other sections of the society.But still,awareness rate is very low.There are still majority of people who don't know anything about bitcoin.Since bitcoin is a decentralized currency,there is no central authority which could advertise in T.V.s and create awareness about bitcoin.That's a main reason for bitcoin not reaching majority of people.What the normal people need is a device or a smart phone and an internet connection to get access to bitcoin.

Absolutely,if china has the capacity to destroy bitcoin,it would have done it much before.Its true that price fall is due to china banning ICOs and reason other than this is lots of FUD spread by the big whales who just don't want to miss this opportunity of buying cheaper bitcoins.Adding fuel to the fire,some people are shorting their bitcoins to buy it once again at very low price.The only good thing is that bitcoin has investors world wide now and it is not solely dependent on china any more.We could hope that dragon dominance in bitcoin market would completely come to an end this time.

Definitely,Bitcoin could survive even without china.Chinese have always not been loyal to bitcoin.They have many times dumped their bitcoins,chinese exchanges created fake buy and sell orders,manipulated the price,dominated the bitcoin world,stood as an obstacle against segwit activation,enough,enough,enough.Its true that we are suffering temporarily a price dip due to china's actions,but soon bitcoin price would recover.Its a great time for setting up more mining farms in other prts of world.Over all,its good for bitcoin progress in the long run.

Who told that china is the king of bitcoin kingdom.It was earlier and now bitcoin has investors globally.If this situation had happened earlier,bitcoin price would have even crashed to $1,000.But there is a huge buy wall which is resisting bitcoin price from falling down.I think there is lots of FUD due to which many have become weaker hands to sell their bitcoins.I think also that most of people are just shorting their bitcoins to buy it again at a much cheaper price.They know very well that bitcoin price would increase soon.That's why this huge price fall.

I think that only newbies are dumping their bitcoins due to panic.Its a regular reaction by newbies to such critical situations.But i think that most of others are just shorting by selling their bitcoins at today's price and they fully hope that bitcoin price would go down more so that they could once again buy more bitcoins at cheap price.They have clear knowledge that bitcoin price would rise after some time.This is not panic slling and this is termed as shorting.

I think that this is the best time to buy more bitcoins as the price has fallen to $3,246 almost $1,000 less than its previous price within ten days.Also,big whales have once gain started spreading FUD that all countries would follow china to ban bitcoin exchanges.Its childish to think like that.Even china has made it clear that its just going to regulate bitcoin exchanges and not ban.Soo,the price would start to increase and so better buy more bitcoins now.

Today,many countries had started to accept and legalize bitcoin.It is not done for its high price.Mass adoption of bitcoin is taking place every where.Now,the number of bitcoin users have become more.If government still rejects bitcoin and does not legalize it,then it would have to get ready to face a huge loss in its tax revenue since bitcoin earnings could not be taxed if not legalized.So,some countries legalize and most countries regulate bitcoin by framing new rules.China and russia could be said as an example.Bitcoin provides a new earning opportunity to unemployed people and so it could indirectly help for the progress of a country's economy.

Yes,we all need blockchain technology.It ensures security of information used,lessens paper work more,eases the tasks and saves more time.Bitcoin has been secure mainly for the reason that it works on a secured blockchain technology.Its true that more shit coins nowadays use this technology.But they would soon disappear if they failed to deliver any thing unique and useful.Governments have realized the importance of blockchain technology and that's why,they have started to use it in medical fields and various other sectors to make the work ease and safe.The truth is that all the bankers and some governments may not accept bitcoin,but they could not avoid blockchain technology.

One of the main reason for which people invest in bitcoins is that it gives very huge returns in a very small period of time.
Secondly,the investment is also safe since it works on a secured block chain system.Also,bitcoin is totally out of the control of hands of government.Neither the government could seize our bitcoins nor it could devalue it as it was done by indian government by banning high value notes.
Thirdly,it could be easily transferred any where all over the world and it could also be stored easily in a wallet unlike gold which is a physical asset and has to be stored in lockers.

Such doubts would definitely come for newbies as they don't have adequate knowledge about bitcoin.More over,lots of FUD spreading in the market would also make them panic about their bitcoin investment.Bitcoin is a decentralized currency uncontrolled by any authority and hence its price is uncontrolled y any one.Its price just increases and decreases with increase and decrease in demand for it.But,we could see that today bitcoin is getting legalized in many countries and more companies are accepting bitcoin payments day by day.Mass adoption is taking place all over the world.so,the chance is very less for decrease in demand for bitcoins and hence its price also.So,in this stage,we could believe that bitcoin would not lose its value.

Almost 3/4th of volume of people holding bitcoins now would sell their bitcoins since they are holding bitcoins to get huge profits.But the remaining 1/4th of bitcoin holders would still continue to hold their bitcoins despite the 500% increase in price since they consider that bitcoin deserves much more price than this and they just feel comfortable in holding their bitcoins for their brighter future.

          Day trading is profitable in altcoin trading since altcoin price is highly volatile.It could not be holded in a long term basis since some altcoins even disappear in the long run.So,quick profits could be made by doing day trading repeatedly.
 
          Long term holding is only beneficial in bitcoin trading since short term benefits could not be expected here.Bitcoin price movement will be very low within a period of day.So,day trading could not yield huge profits in bitcoin.On the other hand,if it is hold in a long term basis,very huge profits could be made.Bitcoin price was just $650 an year ago and now its price is almost $4,200.

It was during my earlier days of trading that i used to invest quickly in coins which i see increasing in price rapidly.Actually those coins were just pumped coins and were to be dumped soon.Soon after i buy,those coins were dumped and i have to just sell it at very low price in loss.Also,i used to sell my bitcoins in panic when there is a prise dip selling my bitcoins at a cheaper price to big whales thus making myself a weak hand.But now,after gaining experience,i just hold my coins firmly without getting panic.

Since you are a newbie,better invest in older altcoins to avoid loss.Read the ANN thread of altcoin,see its marketcap,who are its investors and try to find the most under valued altcoin so that you could make huge profit.Also by investing in the most under valued coin,even if its price falls,you need not get panic since you know very well that its price would soon increase.Don't ever follow the market blindly as it is full of FUD.Fix a certain percentage of 5 or 10% as your profit limit and as soon as you reach that limit,just sell your coins and finish the trade.Don't put all eggs in one basket.It means diversify your investment by investing in two or three coins to minimize the loss.

China government's decision is entirely different from other country governments.First,they decided to ban bitcoin.Then as hey found it difficult to do so directly,they started to regulate chinese exchanges regulations from PBOC.Then,now they have banned ICOs.PBOC has planned to create ts own prototype crypto currency.Only trading crypto currencies in chinese exchanges are banned and trading outside is not yet banned.Definitely,it would create an impact on bitcoin price making its price down.Investors should make use of this opportunity and buy more bitcoins.But other countries seems not to have such idea of banning cryptos.Instead,most countries are coming forward to legalize bitcoin.They have realized that they could not stop bitcoin and instead they should legalize bitcoin and regulate it for increasing tax revenues from bitcoin earnings.Dragon era seems to come to an end soon.