I was going to say Bitcoin, but then you said it’s going to be six months. If you’re planning to make double your investment, I don’t think that is going to happen with bitcoin in six months time. So maybe an altcoin, but I wouldn’t say Ethereum either.

Maybe coins like Cardano, Polygon, Polkadot and Binance coin will be a good choice to go with. But if you invest in Bitcoin with a plan to hold it for more than a year I believe you’re going to make good profit. Finally, you can also do more research like you have said, that will go a long way to help you.

Way too many, way way too many, but thankfully not lately. I have invested into things back in the day called "cloud miners" which meant that you bought a miner that was run by other people, it was a stupid idea to begin with but they convinced me that instead of making money gradually, this way they made a ton of money upfront by selling it, and they buying more, and then still charged you maintenance anyway so they would make money that way, seemed like a reasonable business idea but almost none of that made any money for me at all in the end, they "made money" in the sense that I recouped some of my investment but not all of them, mining tech went faster than I could purchase so my hash rate basically never allowed me to break even and eventually the maintenance was more expensive than the money it made and hence I stopped doing it.

I lost thousands of dollars to it when I first started and if I just bought bitcoins with that, I would have made millions by now.

There were definitely places that does "exxchanging" but it is not exactly an exchange, it is just conversion and that is possible with some third party apps. This way they are not really in charge of you changing your currency to another currency, they are just simply letting you use that third party app and they are the responsible ones, all they have to do is provide you with that option and then give you option to gamble with the converted money and that's it.

This is why I believe there is a good chance that we could end up with something like that, or at least if they are going to do something about it that is going to be the thing they will do. This is not a simple job, it really requires a ton of work but when it is over it will be over and you will end up with a lot more customers gambling because of how they can convert their money to whatever they want.

I understand that "sell high" is a big part of the trading world but you are basically ignoring all the investors as a whole and saying they are greedy. I mean we are just investors and we do not want to keep buying and selling constantly, I can't be bothered by that and I do not want to start learning how that can be done, all I care about is to buy bitcoins until I retire and then sell them all at once and retire that's it, I do not want anything else.

So selling high is not really a thing for many of us, selling them at the right time or wrong time is not an option for me, the only time I will sell any crypto will be the day I need something, for example I want a new PC and when I have enough money to spare for PC then I will sell some crypto, or I want to retire as a huge goal, when I retire I will sell them, but I do not plan on selling for just profit reasons, no trading for me, that doesn't make me greedy, that just makes me an investor.

NFTs are just another form of collectibles hence how it can be the future of payment system? In my opinion, it is just another short term hype in crypto space so we cannot expect it to be sustaining for more time like how dapps are doing. When something is not having enough potential to be sustaining then how we can expect that to be the future of cryptocurrencies.

I believe only bitcoin can be the only coin which can stay with us to be used as a currency for our day to day life and if you look for something else to be used for an alternate for bitcoin or for your fiat then you may end up in disappointment in long run.

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This is why VIP is not something you should try to get if you do not normally gamble that way. VIP suppose to be for people who already gamble that way and if you do not gamble that way normally then there is no need for you to just do it one time and then go back to what it used to be.

I personally gamble as I always do without anything extra and if a new level pops up that's great, but I will not fight to do it once, like let's say normally gamble 50 bucks a month but then go to 500 for just one month to reach that level and then go back to 50 bucks a month, that just doesn't make sense to me at all. At the end of the day you are not going to get the full benefits of that level if you are not really belong to that level. If you gamble the way you always do, you will eventually reach to level where you belong and that's all you should try to achieve.

Unfortunately the rates are not stable at all, right now there is the biggest drop in crypto for the past year. We are seeing a HUGE 50% drop in bitcoin and many others are doing about the same as well, they are all doing awful. Obviously we are still at 39k+ for bitcoin, 2.7k+ for eth, and 390+ for bnb which are all great compared to just few months ago, those are still very valid, if in 2020 you told me in a year the prices will be this much I would have told you that it is too much and here we are half of the price at the place where I would imagine a lot.

However no matter how "high" it is compared to past, it is still 50% in a week, we were at 64k just recently and we are at 39k or so in bitcoin that is really not something I could have seen. I do not blame Elon for this, as long as people do not sell the price doesn't fall, Elon didn't sell tens of billions today, it was the people who did that.

Definitely you should continue your holding because this is just FUD triggered correction and market certainly will bounce back from this collection. You may book profits right now but you may regret later on for your decision. If you really look for maximizing the chances on making good profits from bitcoin and avoiding later regrets then you should continue holding.

We are just in the mid of current bull market and as per yous expectation of the scenario of 2018 may happen but that will happen only in 2022 but we are still in 2021 and there are plenty of months are left in this year; it means there are plenty of bull market is yet to come.

I guess all traders do not have any other options except accepting losses and move on to next available opportunity so that we may easily recover the losses and then will try to maximize the capital. Yeah, instead of staying within losses and its frustrations, start looking for new opportunity will help any trader to find their fortune out of crypto trading.

Learning skills will be crucial. To change the profit line of trading, every trader must look into continuous learning opportunities. When are good with skills then we can easily avoid getting doomed time to time. Facing losses is not a big thing in trading but focusing on things for not facing losses will help.

I wish that is not the case. Because I'm expecting altcoins to be continuing to have another round of bullish season so that I could book profits for my holding. But anything could happen in this crypto space because bitcoin is already into correction phase so that might be leading to the end of altcoin seasons. Fortunately I have booked 25% of my altcoin stash which I am holding since 2016. So anything happening in near future will be as per God's grace and nothing I have left to do with that.

Did XRP reach its ATH? I do not think so because I am just following almost all altcoins in terms of BTC value and not in USD value. If my memory serves me correctly XRP's current ATH was around 10k satoshi  but in recent times, XRP tested something around 3000k satoshi levels only; I mean still TRX also have not tested it ATH yet in this bullsih markets hence both XRP and TRX might be having chances for investors both in short term and long term.

You mean that here after bitcoin markets will have only sideways movements and no more bullish trend? I am very much sure that you must be more than just wrong. There could be no reason for bitcoin to be staying at current price levels itself.

Yeah, we're just into the second quarter of this year and there are plenty of time left for bullish trend as per past bitcoin cycles. From all these, there are very very less possibilities for bitcoin going to be stable for rest of this year. When there are lots of institutions are waiting to buy bitcoins at cheaper price levels, how we could expect bitcoin to remain bearish or stable? Get ready to experience FOMO in coming weeks which might help bitcoin to have 2x to 5x increase.

Hope you have bought well established altcoins and not the random/new/shitcoins. If you have bought known coins then definitely you will get into profits when bitcoin returning to bull trend. I believe it will be matter of one or two weeks of time. I was expecting bitcoin to bounce back to normal after testing $47k-$48k levels but unexpectedly there are more selling pressure as bitcoin haters are everywhere these days because they are believing more into altcoins after dogecoin kind of sudden goldmines.

Central banks can't kill bitcoin and bitcoin can't kill central banks, they just have to agree to live together without bothering each other too much. Sure I am all for regulations, regulations for central banks, regulations for private banks and regulations for crypto, there are way too many people who have lost money in crypto that could have been saved, let the crypto companies be registered and have a serious audit going on constantly like a regular company and you will see save a lot of people from losing money.

However most governments only take a look at the fiat accounting of those companies while those scam companies steal crypto which governments do not even look at, so when accounting audit happens for crypto and those regulations get better we are going to see governments, central banks and crypto all live happily together.

If all the banks should continue like that I think businesses that are related to bitcoin or that has something to do with it like accepting it as payment, will all be affected if banks stops them from accepting payments that has to do with cryptocurrency, and those that relies fully on it will run out of business since that’s what they are fully into. So, I wouldn’t like if all the banks there should do the same as this bank has done.

By the way, it’s just an ordinary bank, so I don’t think it’s anything to be afraid about, if it was coming from their central bank, then we would have known that it will be carried out by every bank, but since it is not, then they are safe.

Long term has always been the way to go, I don’t go for day trading because I already know that I am not all that good at that and if I should try it, I am definitely going to be losing money about 90% of the time that I trade. So I just stay clear from it and not try taking the risk. Long term Hodl has been the game for me and it always works as long as I am able to have that patience for the market to grow. Everyone has what does the magic for them ,and some people don’t want to be waiting a long time, so short term or day trading is it for them.

^^ My question is why would people still invest too much to the extent that they get so worried with the slightest shake in the market? Is it that those people are not aware of the fact that what they are buying is a volatile asset, and they are just investing in it? That’s very risky.

Anyway, it is not like it is a life sentence, the market goes down all the time and still climbs back up, it is all with time and it gets on going again. This morning I have already noticed that bitcoin has moved from $49,000 to $50,000 again, I am not sure if it’s going to last at that price, but let’s keep watching and see where it lands by the end of today and whether we are going to move above that.

I understand that you are a bounty hunter or ICO contributor and you are still holding all of these coins, right?

Because, no one could make such a huge list of coin out of no where; only the real holder could list such coins. Because, remembering those random things from 2018 definitely will not possible all the people but only possible for holders who looking for good prices to exit.

This is a baseless claim or I just see as your own statement; we cannot assume that most people got at top and what are their expectations right now. Moreover I am not seeing these coins are getting pumped at any exchanges.

What even makes you think that such thing is going to be happening? There is only one top stable coin that I know of is decentralized and that is DAI, the rest are centralized and owned by people. So, what makes you think that the government will be adopting a currency that is owned by individuals and living things that has to do with the finance in the hands of ordinary individuals? That’s the same thing that happened with Facebook Libra and the reason they were stopped. If the government wants a stablecoin they are going to create their own and not adopt anything.