True! That idea of coming to terms with reality and understanding that trading is not ABC or some child’s play you can just dabble into for fun or with a nonchalant attitude, will make anyone who wants to trade to realize the importance of trying as much as possible to learn so that they do not end up screwing up before they even start.

Trading can be promising and very profiting if you know how to do it right, and if you are to do right, skipping learning is one first big mistake in approaching it the wrong way.

Yes many people earn money and no one is here without a purpose but speaking about gambling and investing in ICO, I think it is money for short period. Though skills help a lot in gambling to earn money but this is not the cases in ICO because that is just the investment and you just speculate the project to give you return but that is again uncertainty. So it is much wise to invest in a solid asset that is good at giving back return.

They are not just the paper but paper with a legal tender and the word of the government that it is the responsibility of the government to let you have anything legal commodity with the paper money provided the value of commodity matches what you are willing to pay.

So this is what the government promises and of course has such a great amount of advantages that it carry out and meet the needs of everyone who hold it.

Most of these are exchanges pretending to be banks. There is nothing useful about them, so I don’t know why people are killing themselves over this matter. Blockchain is not meant to have any bank, if we get bank for Blockchain then it will be the same as the physical (original) banks we’re using, cause you won’t the complete control over your money and you can’t make transaction without them authorizing or without having them as the middleman. It’s clear that some people don’t even know anything about Cryptocurrency and that’s how they keep falling for scam.

Bitcoin is the kind of coin that not only stores your value and save it from inflation and devaluation but also imparts value to the invested amount with the passage of time. There is literally no doubt in the fact that Bitcoin can make you filthy rich and we have stories on the internet that will let you jaw dropped as how people invested in this coin and made billions. In the current time, the coin is one of its kinds and has no alternate.

Exactly. The news includes speculations and prediction that that are not always the right thing to follow. One must know the signals that make you make the right decisions and though it is not so easy to detect the signals and the market movements but still if one is able to do so, they are always the right things that assist. So it is far better to follow the actual signals or the price growth rather than acting according to the speculations. Treat it rather a strategic game.

You have to have a back up plan for everything you expect to counter in future. I in the first place prefer to have funds allocated for emergency that are there despite what the situation is. The rest of the money you have should be apportioned among the needs and the saving for investment should go for the business.

I do not favor the loose economic decision that ultimately will leave you drowned. One has to manage things without thinking about the money invested in business. This is normally the start of getting unemployed if you sell a part pf your business for money.

Most times, when I see questions like this, I wonder if people understand that bitcoin is like the king here and altcoins are basically more like the followers, and in this case, the fact that altcoins are numerous in number and bitcoin is just one, makes the idea of having a stiff competition even between the altcoins to be huge, let alone, being able to compete with bitcoin.

Bitcoin do not see altcoin as a threat, but altcoin will always see each other as threats, as there are so many clones, which in the end only one will manage to thrive as the market gets more matured.

Always the best way to go. At least, there are only two ways to it, it is either you panic sell and get out from the market while blaming others for the mistakes you have made when the market eventually recovers and you see that you could have had the chance to eventually hit it big, or you are actually patient enough to wait for the market to recover, know how to at least accumulate more while the market is down in its historical bottom and then stick with the idea of at least trying as much as possible to be patient enough to wait for it. The people that usually get the best from the market as investors are those who are patient.

Actually, banks will always say whatever they feel like just to make themselves feel good, but in reality, no one actually cares as far as I am concerned. There is really nothing to be afraid of honestly, unless they just want to be afraid for their own pockets, or the fact that cryptocurrency brings competition or will bring huge competition for the banks, but in general sense, it will actually just be an alternative, which is honestly a good thing. The market is decentralized and new, so I expect that volatility is something that is expected. Even when gold hit the market, we all knew how volatile it was, so to me, they really do not have any point at all.

Volatility is even something we cannot hide from at this stage. Cryptocurrency market is a very new one, we all know that we have not even entered the level of mainstream adoption yet, and there is actually more room for growth, and until we probably see a huge level of adoption, greater developments when it comes to real life usage, before we can see any level of volatility subside a little bit.

However, just like you said, whoever wants to complain about volatility is their own choice, but the main reason why a lot of retail traders as well as institutional traders have found this space attractive is as a result of its volatility.

Even if it does not get to happen in 2019, I am sure at some point, it is something we will most definitely see happen. Now, where bitcoin gets to before the end of the year or early next year is totally nothing related to how you trade it now.

Trading bitcoin at the moment now though can be a lot risky, but with some good strategy, I am sure it can always work out well at the end. One way is that, most traders always love to see a clear direction when it comes to trading before making any serious move at all.

This is new news in my encyclopedia and before it, I had known that Venezuela is going to officially open a crypto bank for the revival of their economy that will help them tackle the challenges they have been facing in the form of hyperinflation and inflation. So this is not bad because ultimately it helps you transform things into a digital format and the more people use the banking facility, the more the demand for the coins will rise plus the knowledge about cryptocurrency will spread.

But again the basic and sole reason behind holding the coins is to maximize the future income. No doubt that decline in the values of crypto has forced the investors to look for other businesses but they have not exit the market yet because they know it is very normal to have recessions and booms.

But it is true and cannot be doubted that cryptocurrency is one great way to make easy money by investing and holding the coins regardless of the down of up market.

I am not surprised the least because I know that the market we are in is very much dynamic and though equilibrium is static, any change in any factor can disturb the equilibrium so the changes in the market had been there and will remain there.

Yes the fall in the price is way too high and people have lost big values but this was what happened in 2013 as well and we had a recovery in 2017. So I believe one should not be upset with it and should have money flow from different sources to stay secure and not rely completely on cryptocurrency.

So guy you need strong proof to get optimistic about something and we have all the indicators very down and it is not rational to say around that we are expecting boom in December. The time has actually nothing to do with it. It is rather something that the market decides and the forces that affect and influence the market. So better not expect the green streaks before the next year. I do not see and am neither optimistic about any kind of growth before the next long year.

We know that it is not possible to predict the future. We can predict the future and the performance of any asset that has revealed and visible factors that determine its progress. But about the cryptocurrency, it is a bit difficult in the sense that we cannot see the effect of all the factors over the crypto market.

And speculations not backed by a good analysis is nothing. But looking at the demand for the technology and the growth that was witnessed in the past, we can predict it to grow as high as Bitcoin has.

It is never too late to invest in even traditional business to make money let along the cryptocurrency which is new in the market and is not even known to all the people. It is not yet saturated and offers so many opportunities to make money. It is actually offering ease of doing business and this is something that makes the investors feel comfortable and secure upon investing in the cryptocurrency. So it is a good chance.

Yes you cannot become a perfect trader overnight not you can learn to avoid loosing value in the market in a few days. There is a slang term that unless you loose money in the market, you cannot learn how to keep the loss outside the door. However if you invest a bit of capital in every asset, it will help stay good and even if one of the assets is prone to a loss of value, the others might not and might rather grow in value as well. So this is one way to avoid loosing money when you are a newbie.

Let’s wait for the best with fingers crossed. If that is what going to happen, why not throw in your money in the game to own what will be very expensive in future at a lower price today.

But I rather to stay neutral and do not believe these news because you are assumed to be rational and you act only when you have the market signals and not the news from some one who tries to manipulate and alter your investment patterns. This is my opinion and yours could be entirely different.

Human beings are no more stupid and all of them are very rational. If someone is not rational, it does not mean he is stupid but rather means he needs the basic knowledge and training that makes him active in the market. Upon achieving this mind set, the market will be affected in a positive way and this is very beneficial to have creative individuals in the market for each of them contributes to the creation of new concepts and opportunities.