You are still thinking about making profits in fiat and becoming rich in the fiat world. Bitcoin helps the poor people not via that, hell for poor people bitcoin is bad for economical and fiat reasons because you pay so much fee for doing so little things, even sending can cost as much as 10-20 dollars at peak times and that is not poor friendly.

The idea that bitcoin helps the poor is the fact that rich can't get away with anything they want, in the real world when wall street loses money, they just ask government to print more money and bail them out, just in the recent 2020 year alone there was hundreds of billions of dollars printed and given to them, which they used for giving themselves bonuses instead of helping the investors and the people who lost money with them. So long story short decentralization is the reason why bitcoin helps poor people, not profiting on trading.

I would say trying to take advantage of the waves of altcoin movements is something every trader will try, but only a great trader will come out profitable. It could go up and down and if you are a great trader you will profit from those ups and downs, but if you are a bad trader you will buy high and sell low like all the jokes we talk about.

All those messages about "as soon as I bought bitcoin price started to go down" are actually not jokes, and it is not coincidence neither because those people see bitcoin going super high and they buy it and price goes down of course, not because they bought and they are unlucky but because they got in after it went super high, they were too late. Long story short it is about the trader and his abilities and talents, if it is a good trader he will use these moves to profit whereas if he is bad he will end up losing it all.

I hate to see that really. I have been a long time user of Ripple and they have one of the fastest transactions compared to almost any altcoin. As a trader I do not understand why there is so much panic among people just because SEC finds a reason to toast them. I mean Ripple is running for years and still the coin itself has no problems apart from the outside pressure.

Don't think there is a way back even after paying money because what they have lost is reputation and their image among investors which is not recoverable and I am not sure why they are being looked down but the truth is, they indeed are being looked down by everyone. Not going to buy any Ripple but what coins I hold I am not going to panic sell them either because I do not hold too many.

Unfortunately crypto investment is a hit or miss type of situation, there are so many coins that became nothing when you invest too early, if you got into the ICO world for example, there were literally ones that made 5000%+ returns for the investors, and many more that was useless and did nothing at all, which is what I think we are all scared of because we do not want to have our money turn to dust.

If you are very rich person, you could throw in 100 dollars or even 1000 dollars into all those useless new unknown projects and maybe some of them would recover that and you will get rich, but if you are not rich how are you going to risk that much money? This is why many people fail to deliver these days, because they do not know if they will even have enough money to pay their rent let alone invest into unknown projects and risk all the money they have.

Even worse, people who have been here for long long years (even way before 2017 peak) like me handled more than 30% falls on tiny prices, we have once dropped from 1400 dollars to 150 dollars, that was about 90% dollar fall on such a small scale at the time. Now we fall only 3k, which is about 10% fall and people get scared about it. I do not get people who get scared about 10% falls, that is basically nothing in crypto. Back when it was 10k just over half a year ago, it dropped to 9k and nobody bat an eye, why? Because during that time it was people who was interested in bitcoin for a long time, nowadays it is all new people in the market and 10% fall makes them scared.

I think overtime these new people will get used to bitcoin falling as well, however one unfortunate event will be newer people will come and be scared again, not that new people coming is unfortunate, that is great but they being scared is the unfortunate part.

Fud was created so that people could be afraid, sell their coins, and other rich people could buy a lot more from the cheap amount. Let's be honest with each other, at 40k price it is not going to go double that easily, we are talking about 40k here, the double of 40k is 80k and reaching that level is not easy. However if you create FUD and pay mainstream (crypto mainstream, not regular mainstream) media channels how there is a horrible situation going on (this time it was double spend) that would cause it to go down.

It means if we reach to 25k or even 20k that would make things easier, you would buy from those levels and you could sell from 40k to 50k and can double your profit very easily. This is exactly the reason why there was a talk about this, because people wanted more money and rich people are capable of creating fud all their own if they want to.

Don’t you think you’ve been warned enough or will you still go ahead and invest in the project?
Although I wouldn’t say that there is anything bad with investing in it as long as you’re investing with a money you’re ready to lose and your mind tells you so, because sometimes it’s good to follow our instincts but don’t do so foolishly.

There are so many other investments that you can go with, it’s not like this is the only one project you’re going to find, many of them are out there and if people who are more experienced than you tells you not to go for this, then avoid it.

You should be careful in doing that investment though, I am not saying don't do it, all I am saying is be careful if you want to do that. For example, have your money 40% in bitcoin, 20% in eth, 20% in dot and 20% in chain, if you do that I can say you will make a very decent amount of profit. That way you have a huge number of bitcoins which is the biggest coin that everyone loves, you will also still have a big amount of altcoins that could go up and make a good profit as well.

I am not in favor of going into just few coins, or purely on altcoins because if you do that you are going to end up with a bigger risk than you should have. If you can diversify your portfolio into multiple coins and a big amount in bitcoin you would be both profiting but also risking less, the only downside is you may earn less as well but I rather get the less risking part.

Everyone expects Athletico Madrid to end up losing few more games in the near future but they are playing amazing football right now and I do not see them having such a bad losing streak. Obviously they can't continue to win every game, eventually they will have a tie or even a loss, they will probably have multiple of them in the remainder of the season, but you have to remember all they need to do is have 3 less loss than real Madrid, and that is not even meaning 3 losses, it just means 3 less losses. That means if real Madrid loses only 2 times which I think will be more, then A.Madrid could lose 5 times and still be champions, just do not lose more than 10 points then real Madrid loses.

This type of situation means they are going to be very careful and they are going to keep grinding until real Madrid ends up losing a game or two, then they will probably let go of the situation and have few more losses themselves as well.

There will always be those who don’t want progress of something because they are benefiting from the bad conditions of that thing, just as the writer has pointed out in the sentiment of the community.

Anyway, whether they want it or not, we are not going to just remain stagnant because of a useless group that are only interested in their pockets, nah no way , the project will continue to move further and the Ethereum Blockchain will experience more growth than what it has seen last year and this year so far. Having lower transaction fees means that a lot of people will be considering it this time around.

Checking fundamentals are a very important part of the deal but there has been so many people who failed to realize what could be the good ones, they do not know what fundamentals are the good ones and how to check them.

This is when I tell people that best way to check it and find out would be use case, that is simple and yet so effective. Check if a coin has a usecase, is there a reason to buy other than just "it may go up"? If that is the only reason a coin exists, do not invest to it and get away, however if you can get that coin/token and do something with it? That means it passed first stage.

Second stage is figuring out if people would want that use case, I mean you could always create a token that will be giving you curtains in return for high price, of course I am joking with the example but there are really useless use cases as well, so check if people will want it. If it is good and people would want it, that means you have done the most basic fundamental check ever but at least you eliminated so many other coins.

That is the scary part, life getting back to regular world like nothing happened while the numbers are still increasing daily and we are having so many dead people.

Governments are the reason for this as well, if they had collected taxes properly and didn't spend it on themselves or their friends and other rich people, they would have been capable of taxing the super elite rich (and I am talking about like the richest 10 person, not everyone, so do not be worried it is not about you) we could have collectively stay at home, and everyone would be fine, all your income would be paid by the government and you would be capable of living without a problem.

Obviously that didn't happen because governments are corrupt all around the world and they just said "we are not going to pay you your taxes back, instead go out there and die in thousands and pay us taxes from your income during the pandemic". Which is horrific and disgusting.

Unfortunately I have met with people like that as well, and this wasn't some rich person neither, he was already a very very poor guy, he had 25k in savings which is awesome but that was thanks to his life prior, he lost his job due to pandemic, and his wife was working just a month after giving birth to their baby to keep the family alive, dude got into bitcoin with his 25k and lost almost all of it (do not get in at the peak) and did all those high leverages like 100x in order to make it back and lost it all.

Basically he is not unemployed, wife working hard time just to keep the family alive, and he lost all his savings on top of that. I can't believe some people could be this much idiot when it comes to investments, there is no shortcut to being rich and if there was everyone would use it. You have to just keep grinding for years, even decades to get richer.

I believe it is not that simple. Mainstream media do not talk about crypto all that much every single day during the calm moments, when bitcoin was around 5-7 thousand dollars did you see all those online places, hypes, tv news and many other things that talked about bitcoin? You didn't, why? Because it wasn't interesting, whereas having bitcoin at 40k was super interesting.

This is why I think it is quite obvious why people end up with this kind of behavior, not because they want to get in after they see it go up, but because there is a huge hype all over the world because it went up and they want to be a part of it as well if they can, they didn't check it out because it wasn't news and non-crypto people do not really feel like checking crypto prices everyday normally, but when prices hit this high levels they do end up with checking it out.

I believe it is obvious that trading could give you huge returns very quickly but you should also be aware that it could give you super quick results when losing as well, that is the problem that many people are forgetting. If you go into trading, the risk is higher and reward is higher, with investment risk is lower but reward is lower as well.

Let's say you have 1000 dollars and you want to either trade it or invest it, if you trade it, after one year you could have 50k or in a week it will be all gone, with investment you would have either 500 or 5000 dollars and that is the range, you will not have zero, you will not have 50k. That is the example I give to newer people, do you want to have all or nothing type of situation, or do you want to have some bitcoin for a very long time just in case bitcoin becomes huge and you want to be part of it and not miss out.

Governments will not accept bitcoin as "money" for a very long time, they can't do that because it would hurt their chances to actually make people use their own money if they accept bitcoin or crypto in general as money. However just because governments do not accept it as money doesn't make it money suddenly, there are things that you should be capable of doing with it in order to consider it money.

For example can you use it to buy something? That is the most important part, if you can buy a product or a service and pay that with bitcoin that means it is money. And we all know we can do that for bitcoin and as long as we can use it that way we can consider it money, it got a bit worse and it is slower and a lot more expensive so it is not as good as we hoped it would be but you can still use it if you want to, which is why I consider it "worse form of banknotes, better form of bank accounts" in my own opinion.

I believe that drop might be temporary though and we should not be worried about it. Let me explain it in laymans terms ; bitcoin went from 20k to 3k, a huge fall that nobody expected, needed 7x to recover, and in 3 years it has actually gone to 41k, that is over double of the previous peak and same could happen.

What I am trying to say is that if the price goes down from here, which it totally can, that doesn't mean the end of bitcoin, you could buy from this price, wait for it to go up and if it goes down instead, you could keep buying, buy bitcoin with every paycheck, use like 5% of your paycheck if you can, and keep buying more and more, eventually price will stop going down, just like it did during 2018 and started going up in 2019, there will be same period, and next time something like 2020 happens you will have a lot of bitcoin from low price and you will profit very easily. So even if it falls now, do not be discouraged and keep buying.

With this new update chips looking even better than before. It was always a very high end place with cutting edge tech in the gambling world, it was always decent to gamble here, but now with these additions and changes, it became even bigger and better if you ask me.

I personally feel like they are fighting for that top spot of crypto gambling, it is ever changing place, one day one casino is the best crypto casino and another day it is another one, maybe one day the old one takes its spot back, it is not always the same place, plus it changes depending on personal preference as well so I am talking about general public opinion like polls. However chips was around top 10 most of its existence, with these changes I feel like it is reaching to that level where it could be fighting to be the best one out there, and doing this in such quick period of time is unbelievable.

I agree that tron would be awesome addition. Not only it is definitely easy to move around and you can pay literally zero fee if it is low enough or maybe just few tron at most if it is a huge amount, you would also have thousands of them as well. Think about it, the price of tron is low, it is not as low as doge but it is low, so instead of playing with let's say 1 bitcoin, you end up playing with 1.1 million trons instead.

Someone who can gamble 1 bitcoin could definitely do so if they want to and pay whatever the fee there is, but for people who rather gamble with 20-50 or even 100 bucks, playing with tron is much better both because low fee but also because it is huge numbers. Doge literally got a place in the gambling world thanks to that, it is always fun to put up 5000 of something to gamble instead of 0.000005 of something, that doesn't really feel cool, but putting up 5000 of it feels cooler even though they are both the same amount of money.

It’s up to you and what you’re looking for. I have been making use of some really good mobile wallets like Bitpay and Blockchain.com wallet for years now and I have not had any single issue with any of them. But that doesn’t mean I haven’t seen people complain about them. Then there is Trezor, which is a hardware wallet, and Exodus wallet which is a decentralized wallet as well.

I have never had issues with these, but they are not 100% secure, you still have to play your part in making sure that you secure your assets, just because a wallet claims to be good doesn’t mean you will be careless.