Yes, the greed takes over a mans decision making ability and he ends up making the wrong decision of not selling at all during the bull rally expecting the price to rise more. But once the bubble pops they are left with their bags which aren't worth much now. That's why set a target sell price once you purchase your coins.

The biggest factor that I think scares people the most is the fact that they are completely blank about what crypto currencies really are. Those who are not tech savvy have a hard time understanding how to buy or store their coins. Not to mention securing their wallets and keeping their keys safe.

I'm pretty sure that no one can accurately predict the crypto market currently. As we are going through a bear phase and it isn't clear when this bear cycle will get over. Instead of trying to time the market you should daily cost average. You will avoid being left out if the market pumps while you were still waiting for the right price to buy in.

EOS is nothing but a centralized cryptocurrency. Where a block producer can decide the fate of your coins. If a centralized currency had to be developed than I don't know why they used the blockchain technology. Cause there are far better technologies for creating a database than the blockchain.

I don't know what makes you think that the popularity of Bitcoin has been decreasing over time. If you look at the adoption rate than it is increasing at a good pace and this is the most important factor which shows the popularity of a currency. There are thousands of posts like yours created every month which are just plain wrong.

I wouldn't say that cryptocurrencies is changing the world currently but once it reaches a double digit adoption rate it is going to become a big medium of payment for online and global transactions and that is going to change the world in a big way. Coins like Ethereum are also going to attract enterprises and organization towards crypto markets.

I wouldn't advise you to trade with your coins. As trading isn't for every one and most of the people who are new to trading end up losing their money. You yourself lost some money, so you should learn from your experience and be contempt with what you have and try to increase your stack slowly.

Buying Ethereum will be a good step but I won't advise you to sell all your Bitcoins. Both the coins are number one in their respective categories and you should have both these coins in your portfolio. Also you wouldn't want to miss out if either one of the coin pumps and the other doesn't.

There are few rules to follow when it comes to wallets. Try not to download a wallet by searching on Google. As many wallets are malwares and are going to steal your coins. Only download wallets from the official website. And also try to avoid wallets which are new or still in the beta phase.

This happens with almost all the communities. As the user base increases the quality of the community starts deteriorating. But without increasing users the project or coin is not going to succeed. That is a sacrifice we will have to make if we want to see Bitcoin succeed and be accepted everywhere worldwide.

Just the fact that they have invested in the crypto markets shows that they are actually the opposite of cowards. Not everyone has the strength to invest in such a volatile and risky market. And just cause someone invested a huge amount into crypto market doesn't means that he is a strong person,

Well if the governments wanted Bitcoin to be regulated than they would have already done so. They are the ones who are going to create laws for it and regulate the market. But I don't think regulation is what the governments want, they want to ban or have control of the Bitcoin markets.

I think it would be very wrong to say that there is nothing to fix with bitcoin. Bitcoin currently has many issues like scalability issue, transaction fees issue, mining issues, etc. Although steps are being taken to reduce these problems but there is no concrete solutions yet and until than we cant say that Bitcoin is perfect.

You have no idea how wrong you are regarding how the markets work. You don't require a financial banking to succeed in this world, Bitcoin was created with zero money taken from anyone. If you know anything about the open source community than you might have known that Bitcoin has them developing for it.

Suppose you want to hire a freelancer and you find someone from another country, you have to pay a fee of around 3-4% while making the payment to him. Using Bitcoin you will cut out the middleman and won't have to pay such high fees. also Bitcoin provides you security and privacy while doing online transactions which you don't get with other services. Not to mention the fact that you are the sole owner of your money and governments have no control over it.

Well nothing in this world can stay as the king forever. Bitcoin is obviously going to lose its dominance at one point in the future, but as long as Bitcoin continues to develop and innovate it isn't going to become irrelevant. Currently Bitcoin has the first movers advantage but it can only last for so long.

The phrase survival of the fittest applies to the crypto markets too. in the long run more than 90% of the cryptocurrencies are going to die and only the coins with strong fundamentals and many real world use cases are going to survive. Its on you how good of a researcher you are and which coins you invest in.

It's more like imploding. this year has turned out to be exactly opposite of what everyone had imagined last year. We would be lucky if the price even manages to stay at the current level and doesn't drops more than this. As always crypto market does the opposite of what everyone expects.

Crypto market isn't like the past years that you could invest in any project and end up making a profit from it. Now you have to carefully research the projects and then invest in them cause most of the new projects are turning out to be scams. Also not every coin could turn out to be a successful one.

Whether you like it or not but Bitcoin will never be able to get legality in all the countries. There are going to be a few countries who are never going to be in favor of decentralized currencies and are going to want control over currencies. But it doesn't matters as Bitcoin will survive without them.