Cryptocurrencies are the most volatile currencies and they are also unpredictable when it comes to trading and the only way to overcome it is patience. With the present situation of the cryptomarket, there is a need for more patience because of the extended bearish mood. But in order to succeed in your trading or investment, you should not only have a patience, but also determination to reach your goals.

I think a lot of investors are still holding their coins, waiting for another price rally to come. I only started holding bitcoin and some altcoins in the second quarter of last year but I decided to trade some of my coins because it is more profitable than holding. I choose daytrading this time because some coins re going up even the price of the bitcoin is in downtrend.

Many investors including traders loses money when the down suffers a decline. The hodlers need to hold more months and wait for the market to become bullish again before they take profits. Some traders, especially the experienced ones knew how to make money even the market is in overall downtrend. There are several ways to become profitable but it will depend on your level of risk tolerance and this means not everyone loses money when the market is down.

I also believe that everything is not permanent including in the cryptocurrency market but it will take time for a promising altcoin to overtake the leading cryptocurrency. Ethereum must achieve what the bitcoin accomplished for many years to be able to gain more market capitalization and level the playing field. Rather than being defeated, bitcoin will continue the crypto world in so many years before another one will overtake its number one ranking.

Japan is the wealthiest country in Asia and it is no wonder if that nation will lead the entire Asia in mass adoption of cryptocurrency particularly bitcoin. The so-called the Land of the Rising Sun is also the Asia's pioneer in bitcoin legalization making the coin a legal tender in that country. Many Asian coubtries might follow the example of Japan in bitcoin legalization but only time can tell when will it happen.

To make a right decision, especially for the beginners, it is better to educate yourself first on cryptocurrency, trading and the market to avoid becoming a dependent on the advices of other people. Making a research on any coin or any related subject will enrich your knowledge that needed for your own decision-making. It also better to think twice before  making decision because if this done in a hastily manner, it might result to a loss you're not expecting.

I believe that Bitcoin will go up again in the future because it's already proven on its past performances. The price of the leading cryptocurrency is going down again so this is the right time to buy bitcoin while it is still affordable. The price decline is not all negative for me because this is an opportunity to buy more coins while the bullrun is still not here. There is still a lot of uncertainty this year so it is possible for the bitcoin to go down more before starting the uptrend again.

My choice is lower than $5000 for the end of this year but I believe that there might be an unknown factor that might really help in pumping the price of bitcoin this year. ETFs and the BAKKT may help help increase the bitcoin price this year but I doubt if this rise will lead to another bullrun. The following year 2020 is a halving year but some traders and investors believe that bullrun will only happen months after the halving.

Cryptocurrencies are said to be unpredictable and this include bitcoin. Almost all past predictions are failed so nobody can exactly predict the possible of bitcoin in the future. This year is still full of uncertainties but I believe that some upcoming events like the much awaited approval of Bitcoin ETF can help boost the price of bitcoin in short term. Bitcoin halving will happen but its initial effects will not on the price will not be feel this year.

There are some options on how with the falling prices of cryptocurrencies but if you are planning to buy some of them then it be during their price declines or downtrends. Some altcoins or tokens will not bleed for most of the time but if you can't fore their recovery then you can sell them and buy a potential coin instead. Another option is to trade them if you have the skills on trading because even during a bearish market, you can still earn profits from daytrading.

The future of cryptocurrency will still depend on the investors because they are the one who affects the supply and demand in the market. The volatility of cryptocurrencies make it hard to predict its future but I believe in their ability to bounce back and stage another price rallies in the future. Cryptocurrencies can't avoid corrections or price downtrends but it give us enought time to them at cheaper price.

A sufficient knowledge in cryptocurrencies and its market can prevent any trader or investor from taking any unncessary actions like panic. FUDs and other negatives news against cryptocurrencies are often use to make doubt and later panic in the cryptomarket and the foremost victims are those who are not ready for this kind of situation. The market might soon experience its longest bear in its history because bitcoin is still sliding down and this might cause another wave of panic unless you are prepared for it.

If a beginner in cryptocurrency is planning to join trading in the future, he should learn the basics of trading first and that includes the technical and fundamental analysis. Technical analysis is used for better understanding of the market sentiment and to make more educated prediction and better trades. Chart reading is more beneficial in trading than guessing the possible outcome of the price so every beginner must set aside some of their time to learn technical analysis.

Same here, my government also reminds its citizens to take necessary steps before investing in cryptocurrencies because it is very risky and some scammers are also using it. The central bank here is permitting the operation of local crypto exchanges but they have to apply for licenses first. Financial technologies and other blockchain companies are also welcome to set up their business here but the government  is yet to legalize bitcoin.

I think there comes also a time when another coin will challenge the domination of bitcoin in the crypto world but that possibility still remove for many years to come. There are some altcoins that are more better in term of technology and innovation but they have to match the accomplishments of the leading cryptocurrency first before getting the chance of overtaking it. Bitcoin's popularity remains high despites many sharp declines in the past and its adoption is continuous in many part of the world that welcomes it.

Currently the price of bitcoin is way below the $8000 mark but I believe that the top coin will bounce back again in the future and those who still believe should have to wait more. But it may take several years before the like of 2017 bullrun will happen again and since cryptocurrencies are unpredictable, any attempt to predict the exact date of the next bullrun will be futile. It is a waiting game so those who remain believers of bitcoin well get reward.

I hope that the market situation for this year will not be like last year with some improvement in the prices of cryptocurrencies. Some are optimistic about possible surge of some coins like ethereum with its upcoming hardfork. Many altcoins have been in price uptrends like waves, trx and hot so I believe that the market this year will be different than last year.

If ever there will be an bitcoin ETF approval this year, it will be positive move for the cryptomarket and prices might react positively also. But I doubt if bitcoin ETF might get approval this year because of the recent US government partial shutdowns due to funding gap period. ETF and the BAKKT are supposed to be the ones that will help boost the prices in the cryptocurrency market but their launch is yet to be materialized.

Cryptocurrencies can't avoid correction or accumulation so expect more downtrends followed by short uptrends on their prices this year. Bullrun like the one that happened in 2017 will not likely to happen this year so you have to wait or hold more if you are coinholder. But if you are a good trader and already learned a lot from your experience, you can still able to make profit even in the bearish market because not all of the coins are going down.

If government bans the use of bitcoin and other cryptocurrency, you will never buy nor sell them publicly but only on someunderground exchanges. Government can exert influence on the price of bitcoin by imposing tax and regulation on crypto exchanges. But I believe that the intial price reactions will only temporary if the real aim of the regulation to curb money laundering ans other crimes that uses bitcoin.