You made 2 big mistakes OP.

Mistake 1:

You picked cryptos based on their position on sites like coinmarketcap that cathegorize coins based on their total capitalization.

Bitcoin is nr1 so people think that alsl coins in the first 10 are good because they are so close to Bitcoin and as a result buy blind into shitcoins like XRP, BCH and BSV.

Mistake 2:

You are a beginner asking for advice but you've already bought top 2 market cap coins.

First ask for advice and learn then invest!

This is pretty much the most basic thing in your Internet security.

You should never use any password more than once because if you use it for more a single database leak will compromise you on multiple levels.

If you use the same password in your bitcointalk and email and the hacker somehow phishes the bitcointalk password he will also know the email and its password. Through the email he can find other sites you have used in the past because people rarely remove spam or clean trash on email accounts and all your "thank you for registering" emails can be found there.

One site - one password.

Bithumb nr 1 exchange in the world? According to whom?
By what? Volume? No. Number of users? No. Reliability? No.

You must have a different exchange in mind

Ok, fiat can be printed and it leads to high inflation rates, loss of people's savings kept in fiat money, poverty.

What makes you think instead of reseting fiat currencies also called cutting zeros, governments will trust decentralized digital currencies and give more power to their citizens?
Printing is power.

Sometimes people do things that others called stupid. There are people who collect beer cans or cigarette packs it's really not that strange that someone collects tokens. If he doesn't spend a lot of money on them and just wants a big portfolio where each coin has its place - let him.

To me it would be a waste of money. There aren't many stock collectors out there for the same reason but I'm not judging.

The young generation treats gold like antiques. It's not really a good conversation starter or a topic for a party chat.

Can you imagine 18 year olds talking about their investment in physical gold bars? Maybe some old farts talk about it during golf but young people talk computers, hacking, bitcoin, dark web, phones and gadgets, cars. They don't want to wait 20 years before their gold pumps enough.

For me holding was and still is the only plan.

I believe we can go much higher than 50 thousand so I'm not going to overreact when we begin a FOMO rally.

If you really need some fiat money and cannot wait choose a target and stay with it. For most people 2x or 3x would be great targets.

If only more people had that attitude.

For most people saying sorry is the most difficult thing in the world.

Even if he now makes much less money from it it will be clean and honestly earned money.

Not really bearish if you want to know my thoughts. In the recent months it went from below 9000 dollars to a steady level of 11000. Even after correction to 10000 it's still bullish.

In a bearish scenario it goes up and crashes to a new low. For it to be called bearish we would have to start from 9, go to 11 and drop back to 8.

As far as real estate goes you have to do market research in your own area. The market will not look alike in the UK, Australia or Japan. Some countries aren't safe places to invest like if you live in Belarus I'd be careful with buying anything.

What foreign exchange rates are you talking about? Probably the Dollar that suffered a big loss in March with the start of the pandemic. It's always like that when some big changes are expected in a country. It will go back up after the election. That is if we don't get a stock market crash in the meantime.

Why? 


He made a big mistake of buying so much of this centralized shitcoin in the first place.

Position on market cap that relies only on the potential not real value of all coins in circulation should not make you want to hold the coin.
Always rely on utility and fundamental analysis not some promises of a CEO.

They probably forgot something



Exchange is meant for what the name suggests. You deposit, exchange, withdraw. Most exchanges are safe if you want to do it.

No exchanges are safe if you want to treat them like banks.

You're commenting on his silver but this guy is recommending to keep 15% in copper.

Say I have $100 thousand to invest so 15 thousand to put in copper? That's like 2.5 ton.
Maybe he doesn't want physical copper but IMO only physical metals are worth the hustle. If you want metals on paper you can as well hold cash.

Trolls come out of the woodwork in troll season (bear market). He only comes back with another dose of negativity and disappears to charge the batteries when the corrections are over

Of course I have to agree with the statement that Bitcoin reacts to the stocks. It does because many Bitcoin traders also trade on the stock market and or trade bitcoin futures. When they are scared of another corona bear market they sell everything.

1500 EUR is a pretty big sum of money for people in Belarus where minimum wage is around 150 USD a month.

I feel like Belarus is only one of many corrupt countries in the former Soviet Union. Russia and Ukraine are pretty much the same and sending money there won't change a thing. I feel like it's another struggle between corrupt communist government and the free market revolutionists supported by the West.

You can find many similar threads on this forum and on Reddit.

Most people will recomend having both because you can never know what will happen in the world. Maybe there's a war or an EMP attack on your country that will render all electronics useless. You may need to buy something but you won't have enough cash and you won't be able to access your bitcoins. In such case you will always have some gold.

It's an extreme scenario but I used it to show that in different situations different things can become life savers.

I don't have gold only cash and cryptocurrencies but I'm not saying you shouldn't buy it.

I like BItcoin, I'm happy that it was made the way it was. Who knows if it would get as much attention if it had been made any different.

I can't say that I'd be thrilled. What if Satoshi remaining here and working lead to something bad like him being attacked or abducted? There's a chance that Bitcoin wouldn't be so popular if Satoshi kept on working and developing it, even if it was a work towards more security and privacy.

Let's leave the things the wey they are.

Although people were probably trolling Peter and purposely voting against him, there can be a lot of such "kids" ready to buy Bitcoin out there.

This is something we underestimate but each year new young people grow up and get their first full time jobs. Their idea of saving is different from what their parents and grandparents had in mind. These young guys can be what Bitcoin needs to go to the next ATH.

I like the idea. A similar sites operate in many countries.

For example, tin 2017 a site with access to more than 5000 restaurants did the same thing in Poland.
https://news.bitcoin.com/polands-largest-food-delivery-website-restaurants-starts-accepting-bitcoin/

I wonder how they are doing. How many people actually chose Bitcoin over a bank payment.

They both begun to fall on September 2. You can see the dates at the bottom of the chart.

That's why I think stocks were the main reason for Bitcoin's correction and if it continues Bitcoin might even go lower to the sypport at 8500 USD.

If you google S&P 500 you'll see that it's more or less acting like Bitcoin and continues to fall. 1m chart looks like a textbook correction on both indexes.