Market will eventually turn around and you just have to be patient because it will come. Some are just frustrated because their main source of income is cryptocurrency so it is a big discouragement for them not being able to earn enough income for the past few months. I hope that this year, it would get better. After all, there is still a quarter left before the year ends.

If you are one of those who invested last year then I hope that you learn a lesson to not just wait for the storm to pass but instead takee advantage of the opportunity of fluctuation and earn a little profit at a time. You will notice that your loss would be reduced or much better, you would have gained profit during the bear market.

Well, it's a good move for them because they recognize cryptocurrency instead of totally banning it. They need the funds anyway to replenish their budget so it's a win-win situation for both the crypto-enthusiasts and the government because they could both benefit from this decision. People can openly use cryptocurrency and I wouldn't mind paying 5% of my profit for tax than being at risk always because I know that what I am doing is illegal.

I do hope that other countries would realize the booming market of cryptocurrency and would reconsider of regulating it instead ot outright ban because they can implement some rules and regulations so that they can prevent the risk that are involved when it comes to cryptocurrencies if they have proper implementing procedures for it.

Experience is the best teacher would be the best when it comes to learning so I agree with you that when they are doing the transactions themselves then it would be easier for them to understand it. When someone is just describing something to you especially when it comes to processes, we might not be able to immediately understand it because we cannot imagine it but when we do it with first-hand experience then it is easier to understand. Sometimes, a long description would just take a few second to perform.


Yes, many of them are confused and some would even refuse to learn more from it and just immediately blurt out that it's a scam when they don't even know something about it. This is the effect of how the media delivers the report and cloud the perception of the people. When I want to teach someone about it then I would just wait for them to ask me because I don't want to waste my time on someone who would just immediately judge it.

Technical analysis is not perfect wherein when you master it, you will not have a lose. Technical analysis is just a guide for you to have a basis for your trading and knowing when to buy and to sell. It would just let you speculate on what the future might be base on its past movements. It is sometimes a hit and sometimes a miss so the key here is to have a risk management by having a trading plan always and knowing the levels of buying and selling.


It would be better to use the combination of fundamental and technical analysis along with market sentiment to have an edge of what might be the future price of the coin. It would guide you and be rational. There are still so many who lose when it comes to trading even if they are using both because they cannot get rid of their emotions.

Currently, it would be better for someone to buy when the coin is already in the market because it would be easier for them to cash out and to trade. When you invest in ICO then you would have to wait for sometime before you would be able to exchange your coins and you don't even know when would that be. Some ICOs would take a year and for those who are impatient would not like it.


When you wait for the time that it will be listed in the exchange then you can still decide what price you would buy and you can do some technical analysis as well so that you can have an edge if its right time to buy or to sell. Currently, prices when listed in exchanges would be below ICO price so it would not really be good for those ICO investors even if they have bonuses.

Its value would still increase or decrease because we are still basing our pricing in fiat but when time will come that we would not need to convert to cryptocurrency anymore then the value would be stable because we will all be using bitcoin then if that time will come. As for OPs case, his credit card charge for a transaction the he is not aware of that's why he can say that if it would be bitcoin then it would not have happen. Unfortunately, we cannot just easily shift to bitcoin because many are still against it which would include banks.


Yes, that would be the case for now. We are still waiting for the big companies to accept bitcoin as form of payment. It would happen someday when they would figure out how to not have any loss due to the fluctuating prices of cryptocurrencies which may become their disadvantage when they accept it as payment.

If there would be a hype again then that price would be reachable. Current price would need to increase thrice before that target of yours will be reach. Well, I am hoping for it as well but let's be realistic in here and if you want to increase your holdings then trade and then take profit even if it's just a little because you are not on;y gaining profit when you are doing it but you can have the experience as well may it be profit or loss and you can improve your trading. I think it would be better than wishing for the price to go back up and then be frustrated when it's taking so long.

Bitcoin would be a great help to prevent those corrupt practices but then it cannot perfectly prevent it because there is still the anonymity feature so even if you can trace the transactions, you will not know the people behind those addresses unless they would convert it to fiat and the authorities would then perform a KYC for those who would do so. I don't think bitcoin would be the answer to the issues because no matter what kind of currency the country has, if the root cause of the problem is not solved then those issues would continue.


Developing countries has problems when it comes to technology because most likely, there are places when there are even no electricity so it's not possible for them to use cryptocurrency in the first place. They would need to improve first their economic status and help the people in having those prerequisites first before they will focus in improving their economy through the help of cryptocurrencies.

Yes, information is vital when it comes to trading but then how about when the news is already out? How would you trade it when there is no news anymore? This is where the price action will take place wherein you would analyze the candles and then check how strong are the buyers and sellers through volume so that you can assess if it would be better to buy or to sell.

When you are basing in price action then you can read what is going on with the market and take some action for your advantage. You don't need a lot of indicators when you use price action. All you need is a support and resistance level and an understanding of what do the candles mean and its formation because it will tell you if there is an incoming break-out or not.

It would really depend on how much of a risk taker are you when it comes to investing your money. There are times when you will wait for the market to get better before you will decide to invest on it and at times, it would be better if you would buy whatever price it would be so that you can average buy and be less affected by the fluctuations on price.


With the bear market, we can see who will be those people who would be willing to hold to their coins until such time that the market gets better and those who are in it only for the short term and cannot stand waiting being impatient with the market condition. The winners in here are those who are patient but it would depend as well to what coin you are holding.

Definitely. It shouldn't be there in the first place because doing KYC is only for the ones who would be investing in the project but not for those who would do the marketing for them. If it can do anything, then it would just be to confirm the identities of the people who are participating in the campaign and reduce the number of participants.


I saw one post before about someone selling the KYC of the people and it's not cheap. Those scammers are just taking advantage of the YC going on in legit projects that's why they are asking for KYC as well and then sell it for a profit. If they can collect for 1000 people and sell it for $10 each then they can have $10,000 easily. I just don't participate in bounties asking for KYC.

Yeah, right. As long as there are cryptocurrencies then the jobs would be there. Since a new industry is emerging, it would give more opportunity to people to find a suitable job for them especially those who are involved in information technology. Even though the price is not that encouraging as of the moment, we can see that the market is getting mature. Investors have become more strict when it comes to the project they are investing in and many of those scam projects are already dead.

It may not be exactly a cryptocurrency job but then it would be a blockchain related job. Blockchain can exist without cryptocurrency and many companies are already thinking of ways on how they can incorporate blockchain technology in their systems so that they can take advantage of the benefits that it will bring such as faster transaction, transparency, and lesser cost.

If you wanted to become a trader then I think it would be better to paid for it because it will also make you focus on the lessons since you would not want to waste your payment. Some mentors as well would like to teach for free but due to some people who are taking for granted their lessons because it was free, they would rather collect payment so that they will know who are serious in learning it.


I didn't pay for my lessons because there are tons of information when it comes to trading but then I think when you paid for it, your learning curve would bee lessened since you have a mentor who would monitor you and then those weaknesses would be addressed immediately and your strengths would be strengthened more.

They are not totally against cryptocurrencies but then it is their competitor so it is just normal that they don't want their customers to use it because their profits would be reduced when some people would suddenly pull out their funds and invest it in cryptocurrencies instead of just saving it and letting the bank use it for their own investment plans.


There are already studies about banks incorporating blockchain technology in their transactions because they knew that sooner or later, many businesses would adopt it as well so it would be better if they can get ahead knowing that the financial sector would be one that will be greatly affected when cryptocurrencies dominate over fiat. But then if they can't stop it, they would think of ways to use it then for their own benefit.

We have different point of view when it comes to this kind of thing. Of course, if I will be given a chance in amassing a large amount of money then I would help others because I know how it feels when you really need money and you don't know where you can get it. At first, in order to satiate those people, you need to give them food but along with it, you should teach them how to earn money themselves because sometimes, there are those who will abuse you because of being generous.


Even if you only have a single skill that you are exceptional of then you can make money from it. You are not only doing it to make a living but you are doing it because you enjoy and love doing it which wouldn't feel like work anymore. Poor people are at a disadvantage when it comes to earning because they would start from scratch and those who become successful are the ones who became an inspiration to those who are born poor. As what the saying goes "It is not your fault if you are born poor but it is your fault if you die poor."

I agree with this one. Investors are just fed up with the current state of the market so all you can do right now is to wait for the storm to calm and when there's already a ray of sunshine, you can hope for the best that investors would be interested in ICOs again. 2017 has been a good year for them and during this year, many of them have been hit hard and maybe some even left the cryptocurrency market for good.


Well if you really wanted to be successful in this current state of the market then you should spend heavily in advertising. Your idea may be good and all but still, investors would be less interested in it given that we are still in a bear market. One of the things that attract attention to investors are those projects that is backed by a successful company so if you want to take their attention then better find a company that has a good track record and then market it.

Whether it's centralized or decentralized, one should always be careful when accessing those exchanges. There are so many phishers out there and when you think that you are already safe and be lax when doing trading or when you go to their site when searching google then you should carefully scrutinize if that is the right site. You should bookmark it always so that the next time you visit it, you don't need to search for it.


Aside from using more than one exchange, you should also put only your funds in an exchange if you need it to be there always and take advantage of the opportunity of fluctuation. Otherwise if you are a long-term investor of the coin which may take years before you sell it then put it in your wallet wherein you are the only one who can access it. Being it there in the exchange has the higher risk of being hacked.

There are some things in life that the older they get, the more expensive they are but it is only applicable in certain items and bitcoin is one of them but then we are still unsure of what might be its price in the future if it would be able to sustain its price or not. Even though bitcoin is the oldest cryptocurrency and you can consider having the most basic technology, it is the most valuable because it is the most famous of them all and compared to others that are just existing for trading purposes, bitcoin has been used both as a cryptocurrency and an asset. In short, it has the first mover advantage.


Maybe for those who bought it last December then they would still be at a loss but for those who bought it earlier than that, they would still be in profit. As for me, I have known bitcoin two years ago wherein its value is lower than $500 so I am still in profit multiple times but unfortunately, I made some decisions that make me lose those coins.

Yes, he may be famous in his own field but when it comes to cryptocurrency, it's a whole lot different thing. Even if they would say that they have all the theories that can support their claims, bitcoin always does something surprising even to us crypto enthusiasts which makes them not able to comprehend it further and just giving some predictions hoping to come true so that it will not tarnished their reputation.


There are many of them out there who are trying to predict the price of bitcoin. He is careful as to not put a timeline in his prediction because he knows that when that time comes and his prediction didn't materialize then his credibility would be lowered and it would be bad for him.

Yes, that is one of strategy of the team which is to have bounty so that many would join in their ICO and get attention but still it may not seem that effective because there are still so many ICOs who failed to raised enough money to start their project. If you are one of the bounty hunters though and you want to promote it then I think you should try the project yourself like download the application if it has one already so that you can share your experience with other people and genuinely share why they should consider investing in it.


Many people are paying attention more in their mobile phones or PC than in television or magazine so I agree with you to just focus marketing it in social media and in advertisements through crypto-related sites and social media sites. The ICOs that are getting the attention of the people nowadays are those who are in partnership with big companies and those who have team members that has a history of being successful.