There are two types of merits you know that right? There is Merits and Smerits. Merits are the ones you get, but as for smerits, keeping them is useless cause there is nothing you can do with it, apart from giving it someone. There was where this was explained in the forum, don’t have the link ,if not I would have copied and pasted it here.

But let’s assume that I have 10 smerits and I send them to you, you will receive 10 merits and 5 smerits. Those 5 smerits you can give them to someone else too, but as for the 10 merits you got, those ones can’t be given out to someone.

Whether bitcoin is legal in China or not, the last time I checked, a lot of people over the months have discarded anything that practically comes from China and the truth of it all is that no one actually cares about how China wants to go about their activities when it relates to cryptocurrency.

They are free to do whatever they like, but this is a global thing and a single country cannot just think they can keep laying hold on the market and doing as they please. We are past it, and really no one even wants China this or that anymore. Apparently, they will realize later on what they have missed and find a way to want to be a part of the market again.

It is not just something important in the cryptocurrency market; this is something important in any market you are trading at all. In fact, before making any plan to enter the market at all or invest in any position, this is something you really want to be making sure you are at least considering to a very good extent and should always be a huge part of your plan.

As long as you have that in place, I believe you should not have a problem at all when making a trade confidently and it is only when you know that loss is always one part of the market, you would really take it serious.

I figured there is a certain level you will get to that you will really just end up getting humble. Most people, who tend to lift their shoulders above their head, are usually the ones that normally get to hit some small amount of money in a short period of time and want people to know their worth.

Well, that is besides the story anyway. Binance so far has been one of the exchanges that have been growing, coming up with different initiatives to stay on top of their game and I believe for this exchange, it is obvious there is a lot of great potential for it in the long run.

There is nothing like hype when it comes to stable coins and may be you are not getting it, stable coins are pegged to something that is physically backed and there is no way we can see an increase in value since it is controlled. So the being valuable of a thing is not at all some necessary factor to be looking at, considering that the main reason they are available is to be able to hedge funds that is all.

As long as the stable coins’ popping up does not end up like tether in the long run, and they give room for transparency, which is an edge most of them are having over tether, then there will be no cause for alarm.

Depends on what I lost honestly, first of all I wouldn't get in if the only money I have left is money for transportation, I wouldn't neither gamble that much nor risk that much of my life in anything. If I am going to go broke I would rather let that be because of something I did in life and not on some online gambling website. I wouldn't go further enough to know the feeling of losing that much while I will be left with nothing.

I did that once and I swore to never to that ever again. However assuming if I lost too much enough to upset me, I would get out right away, if losing makes me sad enough I know I have lost too much in a row and not doing well so there is no need to continue and nothing to be gained from it.

Whether it comes true or not, one thing is certain that this space is going to end up growing hugely in the long run anyway. However, for anyone looking to get into this space, they should focus more on the technology and what would most definitely bring about the growth in the long run, as this would make them to not make some crazy decisions that would affect their long term participation in this market.

With the fact about learning some trading techniques as well as money management, that is something that can always help you even as an investor, when it comes to taking advantage of the market in the long run and its fluctuations.

No one has lost as long as they have not sold at loss. The fact that you are tagging the value with USD does not change the quantity of what you are holding. For instance, 1 bitcoin remains the same and as long as you have the strong belief in the long run, and your focus is more centered on the long term than in the short term, you really will not see any of this as something you should be bothering yourself about at all. Patience is all that is needed to be able to at least make the best use and benefit from what would be available in the long term.

Over time, I have always had this notion that things will get a lot more interesting than we have now and one thing for sure is that there is no way we will not get to see this space get even more matured, grow in a huge way when it comes to usage and then we will see what we have always been hoping and dreaming about, becoming a reality.

The future is great and I believe that extremely, which as far as I am concerned, there is actually no way with the development that has been going on for a while now, to not see more developments popping up in the long run which leads definitely to huge growth and adoption.

One thing with prices is that they will always fluctuate and this is in most cases what is always referred to as price discovery and for a market that is growing, I believe it is something we should even be expecting more of it in the long run as far as I am concerned.

Staying calm and looking forward to the future, is one basic thing I believe almost everyone should be trying as much as possible to do. We have been in a market that has been growing over the years, and I am sure we will have more to come. We are here now and we have not even hit the mainstream yet. I can imagine what mainstream adoption would be like for bitcoin

The last time I checked, panicking has actually ended up screwing more people up over the years, than helping them to solve anything. Most people that usually end up panicking have always had this myopic knowledge to what they are doing, so lazy to understand things, so careless with their thinking and all they are just after is how to get rich doing nothing.

If life was that easy, then we will just do whatever we like without having to think or do anything at all. I can imagine what that would be like. The future of the market as far as I am concerned is great and I believe that mostly, if anyone else want to go negative and not know the reason why they are investing in the first place, then, that is just their own cup of cappuccino.

Even those who are not crypto enthusiasts will know that one way or the other technology is always bound to spread eventually in terms of usage massively. The market is still very much new and we obviously cannot just expect every single person to start utilizing it.

I remember even when internet came into play, it was a gradual process and it kept developing with new companies, projects and innovations within the internet space popping up and this is how I see cryptocurrency evolving as well, and even blockchain technology in all ramifications.

As far as I am concerned, Technical analysis is just a part of the market, and there is nothing anyone can do about it. It certainly does not affect anything positively or negatively, they just seem like some trends or something, even though it is something that a lot of people have collectively placed there themselves, but in the real sense, it is just some normal thing to just trade the market.

Well, if we say TA sucks, maybe we should try not even using TA at all and see how that would turn out. The problem with the market entirely is that is more speculative in nature, but that has so many difference from TA on its own.

That is one thing most sane investors usually get to do most of the time, as long as they know exactly what they are doing. This is a market and solidly, I believe that every market will always have a bear cycle and a bull cycle. We are in a bear cycle now and people should get to understand that it will happen again and for a volatile market such as this, you just only have to be able to play your cards pretty well.

For what it is worth, we are still very early and we are growing every single time, and I believe that should be enough for anyone to deduct that this is the future of payment and being here now gives you the chance to benefit hugely in the future.

I actually see what is happening now as probably a means of trying to get the weak hands completely. They are always going to be at work and just like Frankie said, they are just there to deceive whoever is willing to be deceived and turn them to a puppet for their own greater good but at the end, they will always do whatever they feel like doing.

Whale accumulators indeed and I bet there would be a lot of panic hands right now that would be selling to them at loss anyway after expecting something huge to come from buying towards the point of break out and expecting that would happen.

Well, that is what most of the potential investors are always too skeptical about as well and it takes someone with some balls to really want to be taking a huge risk in an unregulated environment, and not just balls for risks, but at least having some knowledge to guide you through somehow but it is still always a big risk irrespective.

Being an unregulated environment, no law, no policy, which gives room for every single person to practically do as they please and this, is the reason why we end up seeing scammers in this space almost every day without any fear or remorse.

Even tho I do daily trades time to time I still love long term investments. I do buy some smaller coins that I think is on the verge of exploding and if it doesn't do that in couple days I sell it and cash back to bitcoin however on coins like nano and specter I just invest into them full on because I believe they could be more than what they are right now.

Nano maxed out at 34 dollars and right now it is fraction of that, specter is the same it was once over 6 dollars and right now its at around 20 cents levels, these coins do worth at least half of their all time high prices so I see a big upside in both of them.

I will just wait it out. I won't do anything crazy. Whatever I make from my work online, I cash out most and keep a bit inside, I do this during bear markets, I will do this when bull comes, I always do this. Try to save about 100 bucks a month in bitcoin, that normally should come to 1200 saved with no swings in price but recently there was too many drops in the price so I had lost a bit of money however in the same way if the prices go up a lot that means whatever I saved during this bear market will look like I saved a lot more than I actually did. It is a give and take world, if you give, in the end you are the one who will be taking.

I really highly doubt it. We do not even know who satoshi is let alone if we know if he is still alive or dead and yet we still believe in bitcoin. Crypto space does not belong to anyone which is why we call it decentralized which means if god forbid anything happens to vitalik ethereum should not go down.

Now it is not exactly same with bitcoin because we never knew who satoshi was so the idea of bitcoin is to make sure it is not centralized and depending on one guy whereas ethereum always had vitalik and we know who he is and what he says makes a difference but I still think people will follow where money goes and not care about his health.

I think the main point is that in 2009 when after the 2008 crisis banks got bailed out and people paid for it was the threshold for people to be sick of banks. Since 2008 none in the whole world likes banks anymore, back in the day it was great people put up investments and everyone really enjoyed the profits their banks gave them without looking at the risks and the dangers of what the banks were doing, ever since than people have been hating on banks, everyone.

The only people who truly like banks are bankers ever since 2008. Now bitcoin is decentralized because we do not want any intervention or we do not want any dabbling with it which means we the people truly own bitcoin and not a centralized place.