Diversification is always recommendable in investing, because it reduces the impact of any lose, however it does not ultimately rule out the possibility of loss. If in the cause of wanting to diversify one's portfolio, but he isn't savvy enough to pick the right asset, in this case altcoins, then the inevitable would still happen.

This is where technical analysis and use of right indicators becomes inevitable. Looking at the charts - price going up and coming down, it is might difficult to make good sense of it all, much more predict the next possible action of the market. A number of investors and academicians already committed their time and resources in charting the waters for us, no need sailing without aid.

I personally go with the combination of the Bollinger Bands, RSI or Stochastic to get a better picture of when market is either oversold or overbought.

One of the highlights of trading is that it actually place a trader in full charge of what happens to their money, unlike most other ways for earning online, which in most cases leave owner of money at the mercy of owner of investment site. More interesting is the fact that, until one is not equipped with the right knowledge and skills, one stands a very good chance of increasing their capital day after day and especially as the market is on 24/7.

It is interesting that a number of altcoin have caught-on with the Bitcoin spirit and that is something to cheer about in the cryptocurrency industry because one tree does not make a forest. Nevertheless, Bitcoin remains a pace setter and other coins are always looking up to it for clues, strength  and sense of purpose, so they are not really in some competition.

If you are confused what to do with Bitcoins, simply buy them when they are apparently low in price, stack them away in some secured place and go do other things. Only from time to time, check the prevailing price and see it has gathered much moss for you, otherwise keep hodling. By the time you are done accumulating some fortune, you can look in here:  https://bitcointalk.org/index.php?topic=1840674.msg18330399#msg18330399

As I write this, Bitcoin is selling at  $1135.25 after having going down well below $1000 couple of days ago, is that the sign of something that is dead or even dying? For how long would some people remain blind to the fact that Bitcoin no army can stop an idea, whose time has come. All the stumbling blocks won't stop Bitcoin, if anything they would make it more resilient.

You may want to know that the dice does not need to roll any better nor the roulette wheel, they simply roll as they would, then from your repertoire of experience, you would draw a conclusion and reach a decision for your line of action. Experience is your compass, it has nothing to do with topography. By the way, you are as good as lost without a compass in the middle of nowhere.

I don't think that the reason for none acceptance is as a result of having no idea about Bitcoin, but more on the fact that Bitcoin is not yet fully matured to fit into everyday use like mini markets. There are issues of congested network and delays in confirmation of transactions, some running into days and then the issue of high fees would make micro transactions a horrible experience.

I quite agree that buying and holding Bitcoin is the best among the pack of ways of earning money/Bitcoin, because unlike the other ways of earning like investments in hyips, gambling, cloud mining, the associate risk here is relatively low and no expertise is necessary to get started. All a trader needs do is to time the market and be able to buy at a reduced rate and then wait it out for the market to appreciate.

Most of the miners are in China because of cheaper electricity and also the mining hardware companies are domiciled in China. For the umpteenth time, absolute power corrupts, absolutely! This should be a clarion call for other regions to look to tap into alternative source of energy so this monopoly would be broken, else this threat to Bitcoin would never abate, until perhaps they destroy Bitcoin in hope that China coin would see the light of the day. But I tell you stillbirth is what awaits it!

Moreover a bank will always remain a bank regardless it is sited in Swiss or New York. In terms of security, there are a number of ways to have one's coins secured and even though Bitcoin is highly speculative, over time its value can be expected to appreciate, because of its unprecedented and very appealing fundamentals. Interestingly, inflation is not a thing to keep a bitcoiner sleepless nights as does any fiat out there.

Let's assure that these blackmailers get away with their hard fork, what guarantees that a network in the hands of blackmailers would ever be safe? Bitcoin was conceived to correct the ills centralization have done over the years and just now, we can see once more the fangs of centralization, trying to destroy everything not in tune with it. Good news is that Bitcoin is a survivor and even this impasse will pass too.

If you are not just getting started online, you should know by now that country restriction only stands in the way of people either too lazy to dig in until they find solution or people uncomfortable with change, in which case, they are not supposed to be here in the first place.

Well Bitcoin came and raised all hopes to expect decentralized, instant and very low cost of transaction, but all that seems to belong to the museum at this point and people are legitimately feeling short changed if not betrayed. A suggestion to go back to fiat based casinos is salt to injury, much more like a stab in the back of any Bitcoin enthusiast.

Bitcoin is no doubt going through some tough times now, but be that as it may, it already made its impact at revolutionizing money. It is a pioneer and nothing takes that away from it. The future of money simply rests on the foundation Bitcoin has laid and one of the non-negotiable features is that, it is our money after all and we decide where, when and what to spend it on.

If you are betting with a 90% chance for instance, theoretically, it means you are to expect a loss of 10 bet amidst every 100 bets. However, owing to variance, these 10 losing bets can come in any order, worst case would be 10 consecutive reds. Now if you can figure your way to handle up to 10 consecutive losses( not plain Martingale) you would start seeing things from different perspective.

Obviously you are not a trader and you choice to go for gambling in place of trading is understandable. With proper understanding of how trading works, you would realize that trading actually puts you in control of what happens to your money, let for you to either take it up or leave it lying on the table.

The write obviously didn't know what he was saying. I have been using Xapo for well over a year and there transactions have been with zero fee. Recently, they had to introduces a fee, but that is for transactions less than about 0.00035 BTC, every other transaction I have made above that amount went with zero fee. I don't know about the possibility of setting the fees by ourselves.

Trading can be quite predictable most of the time based on followership of fundamental news. A glaring example is how the Non Farm Payroll impacts on the dollar and by extension all other currencies just before and after its release. With gambling the road is always foggy and seeing ahead is never easy.  

if you have some experience and good understanding of statistics, you can always manage your risk and money. That is how to create own's luck and not by walking at the middle of the road, hoping you would not be knocked down.