We all keep anticipating the next move, that is what basically everyone is always busy doing as far as a market is concerned. There is certainly no doubt that the market was really bound for a correction as a lot of us actually saw it coming and for the most part, before the bull run, I actually thought the correction would happen before then, but here we are after the bull run that happened till late last year. One thing with market is that there will always be fluctuations, time to sell, time to buy and the volume within this range of selling or buying will always depict how the market will move, so in a way, we just have to accept that fact of the market.

Charts can help you out in shorter terms but in the longer term charts are totally useless. There is no merit in trading with charts for long term because what could change in the crypto world is always sudden and unexpected. You can definitely try to do day trading with charts and unless something big happens you will make money with it and I really admire people who can read charts probably and use the indicators to tell them what will happen.

Some people read the charts like their own native language and see where the price is going but to me it is a foreign language and when I see it I have no idea what it says. However if a big sudden unexpected thing happens than it affects the long term trajectory of bitcoin and crypto plus changes everything on that day as well.

Maybe you should be comparing with so many years before and know that bitcoin is still in an uptrend and all you are just seeing here is a short term correction. There is actually no doubt that we will still get to see more fluctuations in the long run, so for those who are basically waiting for anything strange, then they should really be looking at the level at which this market is going to grow in the long run.

From the most things that have happened, bitcoin has been having consistent increase and now that we are a decade at least, knowing the level at which bitcoin has risen over the years, is something that is pretty interesting and enough to make anyone to keep focusing on the future.

Well, in a way, due to its deflationary characteristics, there is no way it cannot end up still retaining being an asset even though it ends up being used as a currency in the long run, but before we will get to see bitcoin hitting that stage where it gets to be used as a currency, a lot of development would have taken place, considering the fact that by then, we possibly would have hit the level of mainstream adoption, there possibly would have been some level of less volatility with bitcoin and there would also be development that would help in ushering in bitcoin as a currency into the real world, and with all this in place, we will get to see the currency aspect being in place.

I really do feel your pain bro, and I totally agree with you that banks have been a huge pain in our asses, but one way or the other, I still see them as a necessary evil. In as much as we may not like them, their policies or how they have done things over the years, they still basically serve a purpose and I do not think that purpose is something that can easily go away.

Moreover, what I am seeing here is more like a service which I believe will be channeled to some faction of people who really cannot do things on their own but would like to participate in the cryptocurrency space, and in that case, it is a mutual benefit, but apparently, no one is imposing anything on anyone, but we all know banks will never stop with their extortions one way or the other.

Even if you decide to create awareness now, does not change the fact that cryptocurrency is just one thing you have to realize that it is all about each person and what the country has provided for each citizens of the country to build on.

No matter how well people tend to want to utilize cryptocurrencies, in the absence of infrastructure and basic amenities, no thriving industries, and not a conducive space for business, it really will not change anything at all in the end. Sure, it is always a decision for each person and now that at least you can even go the freelance way and earn something for yourself in the absence of job in your country, but believe me when we are talking on the global scale, that is not enough.

Well, the thing is that it is always every single person that will be able to speak for themselves. However, for me personally, bounty campaign is just something I see as a long term thing when it comes to the tokens or coins from ICO. I have been holding so many tokens right from last year and I am still holding as much as I can, as long as I know there is a great prospect for the project in the long run. Basically, I do not just join bounty; I do my diligence to know that what I am joining is worth holding for the long term, so I do not end up bag holding a shit coin.

In this vein, I will only be speaking for myself, but I am sure a lot of bounty hunters are like this. Nonetheless, the team should always be considerate enough when issuing out bonuses to the investors, huge bonuses sometimes, will always lead to tokens being dumped to shake out weak hands by the whales.

Very funny and honestly if we really want to look at it in a way that most altcoins are actually just there for nothing and most of them are just clones of bitcoin trying to prove nothing or promising a better currency than bitcoin or just some tokens that really does not even have any real life usage or possibility of any development or product that will bring in demand for it, on a large scale, we can just simply classify most altcoins as shit coins, with just some very few exceptions that are even still questionable.

Tom Lee once said something, make sure you are holding at least 1btc, and afterwards, you can decide to buy any shit coin you want to buy. That is one crazy message.

Even if you do not have a specific year in mind in the future, one thing people should at least know is that the future is pretty bright and if they want to be a part of this space, patience is something they have to be willing to put in as a culture if they want to get the best experience in the long run.

The problem here is that people's mindset are so focused on getting rich in the short possible time, and they really do not tend to understand the value that btc brings to be able to come to terms with the fact that this space is still young, there is room for more growth in the future, and it will only take patience to be a part of it. That has been what a lot of people who have been a part of this space in the past, was able to deal with.

The biggest problem we have right now is the lack of people who would like to buy. I mean simple logic, if there are a lot of demands to buy bitcoin than the price will definitely go up, since we do not have any demand at all right now we do not have the price going up neither. This could be the biggest factor that causes the price to drop because we are facing a big stagnant market that is basically miners selling and whoever left buying is getting more.

Bitcoin needs more people buying and holding or at least spending it on other altcoins just staying in crypto space. Otherwise we are going to keep staying here for a long time without any decent movement. This lack of interest in people for buying bitcoin will always be our number one concern when it comes to the price of bitcoin.

Yes, if you are doing well then you will always be ready to at least take it as a job at the most. However, the issue most of the time is that people do not tend to get the fact that trading is a profession on its own and every profession can lead to a job only if you are capable of learning the profession pretty well and doing well as per the prescribed way. Yes, trading could not be done in a way like most people do imagine. When you are ready to put all your efforts and dedication then trading will become a job like a daily job.

For instance, a doctor does not just become a doctor overnight, as that will take years of learning, examinations, and so many practices before even getting better, so it is not like something that would happen all of a sudden. If people can see trading that way, they will know never to rush into learning and take their time, if they really want to get the best from it.

It is a good thing you are honest with yourself as I feel that a lot of people here are not honest. The sure thing here is that a lot of us are here to invest and there is nothing bad about it, because there is no way you can invest in something at least with ease and be able to hold on to it for as long as you can if you do not believe in the technology.

I invested in apple stock back in those days not because I just wanted to invest but the fact that I believe that its value will increase over time based on its business solution. Sure, cryptocurrency is going to be very useful as payment method, the truth is that we are not there yet, but right now we are actually investing into that future.

For the reason of it being centralized and in the long run the price is subject to being controlled since it is a banker's coin with the team holding most part of the coin, is one of the reasons I do not even see much future in it, because I believe that even if the bankers even want a coin, they will likely be creating theirs instead than trusting on some team that is holding big chunk of it. This is more like actually asking people to choose between centralization and decentralization and in that case, slavery to freedom. That simply shows basically why ripple does not even stand a chance at all.

I even find it a bit crazy that even if people want to be creating hype around a coin being the next bitcoin, ripple of all coins? Sometimes, I always just assume that it is either they have no clue what they are talking about or because of the current value and the fact that it is among the top 10 coins, they just assume things in their head. It is always obvious knowing that the way a lot of people think in this space, when they are looking at the quantity of their holding, I can see why they always tend to get the worst from their holding eventually.

Depends on when it fails. If it fails before even getting enough funding most of the time the blockchain of ethereum returns the money back to the investors and the case gets closed, sometimes the ICO either tries with lower funding request or tries to improve the already suggested version to include more stuff so it can look better and retry for the same amount.

However if it is failed after they get funding than there the problem starts. They either take the money and spend time on it and fail and just tell people "sorry we tried" in which case some people see it as bad investment and others see it as scam. The bad part sometimes they might actually be a scam and than take all of your money and just run with it either telling they were "hacked" or they just simply do nothing about it. It is a marvelous thing there are ones that actually made us money between all these bad ones.

Strategy, experience, nothing really counts except luck and if you are not lucky, there is actually nothing for you and the only way experience and strategy may come in, is to know that you need to always set a limit for yourself, either as a loser or as a winner. Hard work can apply to so many things, but not in gambling.

If you want to be hard working, go start a business, get a job or even start your own casino and work hard to make it a very sweet place for gamblers to come waste their money, because whether you like it or not, the only people making the best from gambling are the casino or platform owners and you are the one giving it to them.

I am happy you said it yourself, this is actually something you need to realize that those who are actually getting the best from gambling are those who own it, and what makes it profitable for them is that there will always be gamblers losing their money to bring in profit for them, which if there is no gambler, or if more people are winning than losing, then there will be no way the casino owners will be making shit load of money right, so that balls down to one thing, that there are always more people losing on a large scale than those who are winning and in that case, I still wonder why a lot of people still focus so much on winning when they know it is all about your luck fighting with so many other people at the same time.

A lot of people do not even have an idea what the whole thing about investing in bitcoin is all about and what is actually the reason why they should be investing in the first place.

This is not something that is meant to give you a regular income, with the way the OP placed it, but it is something that you are believing in its long term potentials and its usage, knowing that at some point the value will increase, which even at that, you should never get greedy but only invest what you know you can just leave and not care about for the next couple of years, which in that case, thinking of income is something that has shown the limited knowledge the OP even has about the space.

The idea of even being in this space is for the long term and that is basically one of the reasons why a lot of long term holders are still in this space at the moment and they have been able to reap the benefits eventually. Moreover, if you cannot see the future and invest because of that, all these will always be a problem to handle for such an individual, most especially when they just see this space as just some hit and run, get rich quick kind of thing. If you have invested lots of money than you can afford to see go down in the short term, then, that is a problem, but the only solution to that is to just believe in the future and wait for it.

At least as a long term investor, you still have a great chance of benefiting in the long run, even though the market could still have a chance to go back lower. A lot of long term investors, always try as much as possible to buy the dips bit by bit and they do not even go all in at once, to at least minimize the risk. For regular traders however, trading the market most especially when there is no clear direction can be very risky, and in that case, you need a cut out plan on how you want to be trading the market in cases like this, which is why I believe that anyone who is really trading the market right now should not be doing so without a good strategy and tight stop loss in place, just in case.

Normally, as long as you know you have the knowledge, the skills and the right strategy to trade any market, then, you should not have a problem seeing any right time to trade or not to trade. Trading bitcoin at the moment right now can be risky though, considering the volume that get pushed in or out of the market on a break out. What is most important is to always have a tight plan and strategy when trading a market that is moving sideways and never let emotions rule you in most of the decisions you are going to be making.

The problem with most traders that I have seen over the years is that they assume trading to be a pure gambling and they approach it that way and in such cases, there is absolutely no way they will never eventually get screwed and flop most of the time. Trading is wide and complex and you need to give your time into learning first if you want to get the best from it. Without learning and some pretty good practice, you cannot even come by with a strategy, have an idea how to control loss, not get emotional, maximize opportunities and focus on how to fine tune their strategies over time

The best trait I would say for any trader that wants to be successful is to have the keen interest to learn and never stop learning. This is a huge profession and if you manage to get the idea that it something easy which you can just hop into without some great deal of knowledge, the chances of seeing yourself get screwed will always be there. One thing with trading is that as long as you can learn well, and be dedicated to it, as well as practicing to get better, then there is no way you won't be able to put some attributes and skills into good use.