Yo, most users think like that anyway.

Having good level of patience is a virtue, most dont have it and therefore they dont find success in many aspects of life, not just crypto.

Influencers shilling these projects are an instant no-no. People should learn that most newly launched projects are just short term gains for the owners, marketers and influencers and not the investors. The long term value of any such project is absolutely zero.

But who will guide the newbies? We forum members who have learnt the basics should try to make them aware.

Knowledge is important but market experience and knowing how to control the nerves is important in the market. It is not easy to master the movements of the market and it takes time to get accustomed with the sudden and slow movements in this market happening overnight and during days.

It is therefore not easy to remain a strong trader in all occasions and break from trading is important. Accumulating during the phase of bear and selling during the phase of bull should be the target. While the profit made from the same should be either put up in the long term hold box or shifted to regular trading.

If one thinks they have mastered the market movements, they are being a fool. Just focus on your buying and selling.

There can be a dump, going by obvious reasons, but if it happens will it matter to much to us holders? No. Because we will buy back at low prices and continue to hold. Most of the victims will sell because they have been waiting for a long time to get their hands on this.

But the process has not started yet and hence not a reason at all to panic. In fact we traders should never panic about any upcoming dumps, let them happen like any normal process.

As traders stop giving here to everyday news. You have to learn to be resistant to these and treat the numbers.

Nobody has extra money because the phrase itself is wrong. The point is that people allocate a fraction of their entire income toward risky investments while the rest is kept safe on savings.

Being able to lose that money is what drives their investing attitude. It is something they can afford to lose. However you might not be in a similar situation but investing in Bitcoin is pretty safe if done at proper researched low prices.

Sorry to hear that to have been robbed a few times, can only advise you to stay safe.

It is never about generations. There are people who understand how bitcoin works and finds it harmful for their future and such people will always oppose bitcoin and its adoption, it need not be old or young generation. When a person sees their future crumble because of a factor, they will try to eliminate or delay the factor.

Future governments might become more lenient towards crypto but this become more streamlined if the regulations come in place. So first will be regulation and then there will be widespread adoption.

Before this happens, we old timers need to accumulate as much bitcoin as we can so we have a profitable outcome in plan.

I agree that you miss out a good project in the bear market and not be able to touch it once it goes up, but to be honest, how many have you seen recover from a bear market completely and make a new for themselves? Almost none. So it goes without saying that majority of altcoins are failures which we all veterans have realized and watching out newbies learn the hard way.

If in that small fraction some project ends up being big, it will grow gradually or give you chances to buy it, it would not go up in a day and stay there forever.

The easiest of them is to just buy bitcoin at low price and be home free. Nothing yields better profits and sound sleep. 

You are living on bitcoin it seems, which is a good think and I do envy you for that, in a friendly way.

Being able to spend their campaign earnings for daily necessities is something that we all would want to do. But currently most users are only spending it with fiat money they get while the bitcoins are being held back. Just hope that you balance out both methods of payments equally so as to not overspend bitcoins that would get you a bigger selling price in future.

The saving and expenditure system can be applied to your bitcoin earnings too if you are careful.

I would suggest you to first improve your post quality and grow your account's rank to a reasonable "Member" or higher. Without this basic workup, nobody is going to give you any importance.

Beyond that you should start working as a trainee manager under some reputed manager who might also be looking for an "Apprentice/Intern" to reduce their own workload. They can help you get a job under their name and allow you to manage it while supervising it themselves.

But this second stage is far from anything close for your account, so you need to work on your rank first. Having been a bounty spammer, very few people will take interest in you, but I am of the opinion that any person can outgrow their habits and become someone worthy, so good luck!

The situation in my country is such that I have very few avenues of spending cryptocurrencies, majority of which is through gift cards and although they are useful, they are not an alternative, hence I am rather holding my coins in the hope of better prospects in the future.

Mostly trading every few days when the market swings happen in majority of my transactions.

I guess the situation is different in first world countries where bitcoin ATMs exist and spending coins is much easier. I do envy them for this and the fact that some countries are going backwards in civilization due to different reasons or motives.

I am not addicted to gambling so I probably am giving a biased answer, but I would turn that down politely and explain the situation to the best of my abilities.

But for addicted gamblers going through rehabilitation, it can be tough and I can understand the sentiment behind this too. One can always offer something else in return, like having a coffee at a old times joint instead of gambling. Taking such a decision is a mature and a bold step towards consolidating that you are a changed man.

But I guess the ideal situations are not always going to work out, so fingers crossed.

It is not crucial at all to the developers otherwise why would they change it every month and keep the investors in the dark that the project has been going down the rabbit hole?

It is the truth about any new project out there. Roadmaps are meant to be delayed and made a fool of. If you think the development is going as per their words then you are the one being fooled. Like I always say, 99% of altcoins are to be ditched and therefore dump them before you go into loss phase.

The ones which are really being developed don't give importance to maps but deliver results or stay strong in the market for years.

You can't make massive profits in a bear market unless you take the risk of going for betting for a smaller price and gambling your Bitcoins on it. I would not recommend that to any trader and definitely not to a passive trader. During bear markets one can only buy and hold, they will probably not be able to sell. To stretch it, they could sell but they would have to compulsively buy back at lower price.

Either of these methods are risky.

To be a pro in the bear market, you just need to be patient and wait it out of you run of money to buy any more.

It is a currency, a mode of transaction that is different from how traditionally money have been known to transact. Blockchain is the technology on which bitcoin works in simple words.

Comparing this to altcoins that can run apps on blockchain is a wrong way to think. Just like the fact that older science texts are nowadays proven wrong by newer development does not mean any of it is inferior.

Again whether such apps are useful at all or have only been a marketing gimmick needs more critical thinking. Bitcoin on its own is a coin enough to the economy. It does not need such developements.

Adoption increases when the users are themselves aware of the pros and cons of a system. So I say, we make our peers aware of crypto and how it works, how to keep it safe and what are its pros and cons. If someone takes you a tin-foil hat guy, which can happen when trying to give a speech, avoid them.

But still if governments are giving an illegal stance to crypto, then all your work will go in vain. We can assume that it will not happen, because such moves are taken mostly by conservative sects. Rest are keeping it in a "grey" area and evaluating risks vs rewards.

There is very little you can do as a single person so try to gather a community in your city or locality and see how that grows.

Crypto is an addition to fiat not an alternative. For being an alternative, majority of merchants would have to start accepting it, that stage is far from our reach at present. Since you are in this forum with bitcoin-users it might seem that crypto is popular, but come to the reality, in most countries you will rarely come across a bitcoin user in the day to day life.

Governments have not legalized crypto in many countries yet, so it is hard to predict - but considering the model on which bitcoin is created, it will be for the good, inflation should reduce and corruption/bribes should also stop.

Well if social media can be such a big thing that every teenager is hooked onto it, then I guess Metaverse can also be one. The attraction lies in a lot of reasons in human mindset. But how that can help crypto depends on how the tech companies are going to develop it.

The buzz around Metaverse has quickly died out online but I am sure the developers are working on it on different companies.

Honestly, social media is not for everyone so I dont think metaverse will be everything in the crypto world. It will take time to develop and by then we all will have already become old hags.

The possibilities could be many:

1. Having cashed out
2. Having lost their access to wallets
3. Some have possibly (god forbid) left us, without informing their next-in-kin about their bitcoin holdings.

The maximum I see about such whales is sudden news articles about some bitcoin whale address moving funds - this is a nice method to generate a lot of FUD and eventual market drop in bitcoin price, it is safe to ignore these news articles and stay away from trading for a few days surrounding such events.

True, those who are new to the market take this volatility as a problem, but they gradually realize with trading experience that volatility can be a friend or foe depending how their own perspective.

Price manipulations are occurring mostly in the short term, like I said in my previous post, the yearly volatility remains between 10-15% which is a modest range.

Short term changes in price makes newbies panic and sell and end up in a loss, this practice is common and there are very few newbies who know how to handle this. Lack of patience makes these markets even more volatile in the acute short term stage.

For those have come from different other speculative markets, this should be easier to cope up with.

There can be a lot of reasons of not using crypto payment methods. Asking this on a forum where bitcoin users are more, you are likely to get skewed answers.

Some business owners and users may not even bother about crypto. For them the cash they get at hand is more than enough, why go for something that is complex technical to understand and horrendously difficult to keep safe?

For some it might be that their average earning from their business is just enough to run their family, for them bitcoin is something for the higher ups.

Why not do a public survey on the common reasons as cited by many of my fellow forum members and see how much of what we think to be true - open idea to the OP to actually get a research paper going.

If you look at the average bitcoin price volatility over any year, it remains at a modest range between 10-15%.

From my perspective, bitcoin has been made notorious for being "too volatile" - but this phrase comes from its short term movements which became popular among public because it was catchy and got attention. Same thing being applied over a long time frame of a year shows less difference.

Similar assets in the stock market or precious metals also show such volatility. If regulation were to come in place, and that too about exchanges and daily volumes then only volatility would decrease. But these talks about bitcoin "instability/volatility" it is an exaggeration if you ask me.