Nothing to think since we cannot actually foresee what the future holds. In our own best interest, it is better to just wait and see how the upcoming 3 months will pan out than allowing anxiety to kick in.

Last year was a very bullish year all round, and this year, I am sure we all know what is at hand. If we tend to experience some bullish scenario at all this year, I want to hope only to see some move towards $15k or thereabout. $20k would be something too hoped for but if it comes, good and fine!

Well, those are some nice tips. Unfortunately, they are tips that can only be applicable to those who have decided to learn first and be sure they have enough knowledge to push further. The best tip I would ever give anyone is to learn, practice with little after wards, keep learning and until you have gain some confidence to see your strategy is good enough to keep giving you good profit, then do not even think about going in proper. That would save any newbie the frustration of losing almost everything.

That is simply because they came in with the wrong mindset and care less how well they need to know first before even considering to invest. People like this will find it very hard to look at the long term, know when they should be investing and getting good returns, let alone, being determined to do it right.
 
Looking at last year, it is obvious most newbies got in for the quick bucks without even understanding the volatility nature of the market, and we had several moon calls by those who simply do not know how market works, but it is what it is and I guess it is not something we can change even as time goes on. More will come!

... That sounds to me more like conflict of interest for him. He is holding up a signature from bounty and he is still claiming how stupid bounties are. Apparently, what he is not understanding is that if bounties are not working, there is no way any new setup will be looking forward to using it. It saves advert cost since they will be paying in the coins anyway while pushing out the project and products to the community, which for a very well managed one, it comes out great as long as they have an interesting product. So, for someone like OP to come tell us how stupid bounties are, I wonder where he really stands with his signature, which he might as well just wear for free.

Yeah, it is all a guess anyway but if we at least want to be realistic enough, then, we obviously expect something close and that is also if everything works out pretty fine. McAfee has been overly bullish on bitcoin and even some other shitty currency which is the reason reasonable community members take his predictions as a pinch of salt. By 2020, I believe in the possibility of going past where we are now ultimately.

Just move on mate and start all over. At least, hope is not lost and you can find a way to utilize the space opportunities to get something tangible over time to compensate for your loss. The truth is that you have mistakenly fell into the trap of the hackers carelessly and there is nothing anyone can do about it, no matter the information you try to get, except you want to start getting the identities of the hackers and for the fact that they used shapeshift to convert to Monero (a completely anonymous coin), I guess you already know the rest since you are not a novice. It is a decentralized world and that makes it easier to get their tracks covered pretty fast.

Sure, except that some opinion are absolutely B.S and the only thing that has no value is the article since obviously the author could not sit down to get to know the value that bitcoin actually brings. Maybe and just maybe he feels fiat does not have any value as well, since from all angle, the value that bitcoin brings is far more than what fiat has ever brought in so many years of its existence. What perturbs me is people or journalists with no clue coming out to embarrass themselves.

From the description you have given, you are more or less talking about scalping. Scalping to me is more of a gamble and not a better way to trade for newbies except you are very good at knowing the possibilities of hitting good ones. Scalping involves huge discipline and concentration which if you are just starting to trade can get you up emotionally when things do not turn right and can make you lose so much. For someone who is just starting, I would rather recommend long term trading, and then short term in the long run after he or she is sure of his knowledge gained from the long term trading experience.

Bitcoin is more like the god of decentralization and the first of its kind. With that kind of huge support over the years and more support and development upcoming, it is sure one any investor would not want to give the first chance before considering any other. However, this does not mean investing in some other good altcoin project is a bad idea, but a huge percentage of them are just some form of distractions which we all know all they are good for is just pump and dump.

Even if we will get to see this hit again, it is not going to be this year. Considering how the market is presently, and the fact that the bear trend is not over yet, and I expect anyone not to be deceived by the current uptrend correction as we are still in a downtrend, the likelihood of seeing $20,000 anytime soon is so bleak. As time goes on though, I am sure we will get to experience bull run again and maybe by then after the uptrend changes fully before we can start seeing that happen.

Asides the huge supply, ripple is a centralized currency which gives room for price manipulations, monopoly and a high level of control by the team. It is not a bad idea to invest for the short term but I have never seen ripple as a currency to be held for the long term. I wonder what those who keep mentioning ripple as a good hold see in it or probably they have no slight understanding that it should not even be categorized as a cryptocurrency.

Yeah, it is for sure a very good thing for the cryptocurrency space and it is a good thing that bitcoin already set a good pace. Hopefully, we will get to see a very good bounce on most of the altcoin as bitcoin consolidates soon. With respect to bitcoin though, I still am not very optimistic since we are still in a bear trend anyway, and the likelihood of a fast dump after a failed resistance is still there. Let's see how this month and August is going to be like for the space.

Trading is not about having a lot of money to trade, it is about having a lot of knowledge to trade. Without that, with less or more money, you are bound to fail any which way. It is a good thing the OP brought out some of the things he has learned, which is more of price action at some certain point and a good way to go for any trader. However, there is still more to it, when it comes to stopping loss and market deciding to go against your perception.

Exactly! Everything in life is all about the risk. The things we do, the investments we make, everything is always risky and it is only left to us how we are able to manage the risk and do things right most of the time. As far as I know, this could be a very risky market due to its volatility, but it is for sure certain that there is a lot of opportunity to gain from it at the end of it all which is worth makes it worth taking as a risk.

You seem to be contradicting yourself. You first call bitcoin a rat poison and a joke and then say it is an advantage which can benefit those who have it. I do not see how an advantage should end up becoming a joke in the end. Nevertheless, there is a whole lot to the value that bitcoin offers and those who could not see that and ended up calling it a rat poison for a reason best known to them will always have themselves to blame at the end. I am sure a lot of people missed buying into amazon or apple stocks because they always end up seeing the negative side to every opportunity opened to them.

Up till date, I still see no reason why anyone pay attention to airdrops. The funniest part is that they never end up getting anything tangible from these airdrops in the first place and it is a peanut that would eventually may not amount to anything at all except for those bag holding it to keep doing that forever with the hope that some day, it might end up coming out tangible. I guess they themselves know the reason why they just keep wasting their time on irrelevant things.

I would not be so sure about that looking at how the market has behaved in the past days or months. Sure, we may have a good outlook on the charts so far, but this does not mean we are totally out of the bear trend yet. It is obvious we can still end up having some pretty pull back from resistance and could result to us going back lower. Like someone also said, this move looks exactly like the one we had in the last bounce upward. Final bottoming will be sure when we are pushing past the resistances above us like piece of cake which from where I stand is unlikely.

Apparently! The fact remains that we are still in a bearish zone and until we are able to surpass $10k before we can at least be able to have some little level of optimism. It sure looks a lot similar and sure looks like the market want to go test that zone I mentioned above again. The question now is are we going to be able to break this zone and form a higher high, or are we going to bounce back or even more, bounce back from the $8500 resistance? I guess time will tell how things will unfold.

Volatility is one of the things that has made the bitcoin space get quite interesting for investors except for those who see that as a problem. As far as I know, every market is volatile, but looking at the possibilities of the future bitcoin comes with and how things will come about in the long run, I would say it is a great one. The market is new, speculation is huge, real life usage is not on the higher percentage and it is normal to get some high level of volatility, but when all these things come to switch to becoming more of a matured market, I hope we all know how that can be like for the demand and value.

One thing they simply do not understand is that, the trading of market is not just about buying low and selling high, it is more about knowing exactly where to be considering a low or where to be considering a high. Some always end up buying low, the market goes down the more and keeps going, while they just get so confused not knowing what next to do unless to come back to the thread and start preaching the gospel of patience.