There are some cases where you end up becoming a long term trader without you knowing even if you entered the market as a short term trader, I have been in some situation where I place a buy order at a particular value and I expect some movement no matter how little so I can take my little profit, but instead if the market moving up at all, it end up going down the more.

So most of the times, I have to wait without using stop loss, till the market recovers for me to continue from that spot, but meanwhile, it is not that I am quitting the market then, as the market dip, then I still trade by buying some new coin at that point to take advantage of the current fluctuation by then, so to me, it is not as risky as you think, it is juts the strategy that works from people.

There is no good way to invest than actually to in tokens that has been released already and are actually trading on the market because if you go for pre ico, you will still get the same price as what those investors get with all their bonuses because they still all dump the coin later crashing the price far below the Ico, so I see no point really investing in that pre market.

It is also better because from already existing projects trading in the market, we would have already seen the level of their development and then see if they are really working according to everything being promised in the whitepaper they released for the project. That is the only way we can actually know if such project will really survive in future and will stay for a very long time in the industry.

I am not sure that this is completely true of this, I agree that investors are fed up with altcoins but not all altcoins that we have in the market, when I count altcoins, I mostly count the top altcoins in the market, I mean those altcoins that are within the top 100 in the coinmarketcap, they have real working product and are very useful to the community but the reason why they are down along with the rest altcoins is just because of the new trend that became popular among investorof selling their altcoins temporarily to invest in bitcoin since this is the dominance time of bitcoin which we have all seen, so altcoins will be back to their position soon was bitcoin stops dominating the market.

Altcoins will start increasing too and I know that investor will be encouraged again.

I don’t really think so🤔okay you said that Ethereum and Bitcoin are the two main coins that are being used to fund these ICOs and IEO. So what about other altcoins, why are they not growing in price? Since ETH and BTC are the two major things that are being used in funding, other altcoins should be growing in price.

Well I can’t really tell though , but people like to tag whatever they feel like as the reason for the price of cryptocurrencies to be falling. No need for all these, let’s just assume that there isn’t much buying… cause we have all learnt that price tends to increase when there are more buyers than sellers, and when sellers gets more than buyers, then the price starts to fall.

Yup you’re right, but when the startups are just bad projects mostly then a lot of people be forced to quit and look for something else. Let’s assume that there are lots of bad apps on Android playstore, while apple is offering good apps, a lot of people would prefer to make use f Apple than android. That’s the same thing with this crypto market. If there are lots of bad projects , a lot of people would start to think that crypto is a place of scammers and nothing good is coming from it and that will discourage them from investing in it.

You’re right. I have seen such a thing happen, and it was reported on this forum. Can’t remember the name of the exchange they were blaming , they said that after the IEO finished , the exchange claimed that no money was gotten from the IEO and the devs had to refund all the investors back their money and never got anything and that led to them shutting down the project. That’s really bad, but there are still some trusted exchanges that devs can make use of , Binance is a trusted exchange, the only problem is that some exchanges will not be able to afford it. If not for that, then they would have all been going for it.

ICOs would have been the best if not for these dumb and wicked scammers that always look for the opportunities to ruin every good thing they see.

The worst part of it all is that most of the ICOs in the market are just owned by scammers and they are now making people to feel like every ICO there is in the market is scam. That’s why everyone is rushing into IEO because they believe that IEO is more safe, but sometimes these IEO's don’t favor the devs.

They are all good , but altcoins disappoints more than Bitcoin. Unless you will choose to be investing your money in the top altcoins in the market cause the ones that are not top rated usually end up as shit coins. Just like in 2017, I never invested in any altcoins, all of my money was invested in Bitcoin . Right from time I have been investing only in Bitcoin , it’s just recently that I started considering a few altcoins , and the altcoins on my portfolio isn’t even that much.

I put more of my focus on Bitcoin cause that’s what really works for you. I can’t be investing in altcoins because of the reason they need more money☹️ nah.. no way! I only invest my money where I’m going to make profit at the end. I didn’t come here to play games, I came here to make money and nothing else.

I have other business that I do and they need more finding , so the money I get from this investment is what I use to fund those. Another thing you will have to know about Bitcoin is that it requires patience and the risk you will be taking in when it comes to losing your money is bigger than what might happen if you’re investing in altcoins.

100 dollars is relatively small money (compared to how most gamblers are doing) that shouldn’t be considered as big win at all and to think that you are content with this is amazing. How do you get contentment with 100 dollars knowing that some gamblers are winning as much as 100 BTC in this same gambling industry. I have won 3000 dollars before and I don’t even see it as a win at all and I am also feeling unhappy because I believe the efforts I put into gambling deserves more reward than what I get.

I like the kind of heart of contentment you carry and I wish I could do same because this would save you from stress and worries on how to win big and enjoy the real fun of gambling.

I think this is very much unlike me, I am that type of player that leaves my mind blank when playing because I hate the feeling of getting frustrated after the end of a game and I feel having different thoughts running through the mind while playing a game can be distracting, so to stay focused, it is good to forget everything that has to d with the game. Planning on what to do and how to invest can come forth after the game is won. The mind should only be on the game how to win and this is what I do.

I have seen that doing this helps a whole lot and makes us even better and the go thing about this is even when the game is lost, I do not feel too sad because I never planned on winning.

I do not understand your definition of discipline in this context bro. If you have admitted that setting limit is a great strategy, then definitely I believe everyone could learn regardless how difficult it might seem. This is discipline for me. There are a lot of things I didn’t find cool with gambling when I first started but I realized they were helpful and I was left with no choice than to learn and today, I am glad I did. I believe anyone can achieve whatever they set their hearts at and being disciplined involved doing things you believe was impossible.

In my opinion I would say that having a set limit in gambling is a good habit that cannot be over emphasized and I believe it is for everyone one, there should be no excuses why anyone should be exempted from this if they must succeed in the industry.

It is very obvious that you are into gambling for money, so regardless the game type I believe you would never be entertained. My realization about gambling is, you must define your intentions before playing, if it’s for money, stay focused and don’t even think of catching fun because you would realize that it never comes. Same as entertainment, those who have a mindset of gambling for fun, always find it very hard to make profit. So, it is important to have a defined purpose. For me, I enjoy games that are familiar and I keep on repeating to be better, this way I do not really need a strategy but experience.

No matter the length you could go in researching, good projects does not often come out as you see, when you see rush of icos, they are basically scam projects because it is scam projects that want to quickly enter the market to make money and the exit as quick as possible, some projects even takes months to market survey first and then do their visibility study before they can know that the project they are proposing is right for them and is right for the community.

Don’t get me wrong that I am against people researching, we have to make research but we must have it in mind that we will get mostly bad projects and we could get like one out of ten through our research, at least it would while a way our time a bit while we are waiting for our long term investment to add some profits.

I do not see any point in relying in them, anyone you should know that those sites are set up to make money and not a free site as they claim, for you to get rated, you have to pay for it secretly which they will never announce, and some of these fees paid are what they use to buy reviews by paying people.

Sometime when I check on those sites, the reason why I just go there is to pick some of the top rated coins according to them, and then go do extra research for me to determine if those projects are really worth it or not, at least, it would be unfair for me to completely condemn those project because they paid for them to be listed, it is still part of their promotions and they have to do everything possible to attract investors to them, so I don’t condemn them but investigate them the more.

Please don’t just start with your own funny thinking now, how is it possible for Ethereum to top bitcoin with his dwindling valueevery day, and with all the project launching that Ethereum has given birth to, what has it given birth tosimply lots of scam projects that are affecting the cryptocurrency world today.

One of the reason why the market is nit growing as it ought to have been is because of scammers that has hijacked the ico market and you can see as it has affected virtually all the product of Ethereum that they are almost going off the market, majority of them are heading to zero already, so tell what record of success that Ethereum has had that would make it be more recognized than bitcoin, it is not only Ethereum that run chain services there are other ones that could do more than what you listed here.

I think the breaking point is how high it goes but more important part is how fast it goes there.

For example, if the price hits 13k and stays there even for a day than of course there will be a correction, however if price moves to 13k in 24 hours (for example lets say tomorrow) and than it goes to 15k next day than 17k the day after that, suddenly we are in a such bull run that nobody wants to sell and everyone wants to wait and see how high it goes and suddenly cashing out becomes not so important or loved.

Hence, I think how high it goes is of course important but how fast it goes there plays a bigger role in peoples mindset about when to buy or when to sell, we should try to wait around and gain more and more usdt first and when we have enough we should all attack at the same time.

I feel like a hard move up is more possible than break down hard because we have seen the lower prices constantly in the past year and people are done with that, 10 thousand dollars is the level where we bottomed out (maybe a bit lower too but doesn't really matter that much) and as long as it continues to be around this place there is more money gathering right now, the more money people gather right now means there is more chances of going up with all of them purchasing bitcoin around at the same time.

That is what really changes the bitcoin price, sometimes people happen to sell at the same time by luck and that makes it fall, sometimes they happen to buy at the same time and that makes it go high, the sale already happened and the price went as low as 10 thousand from 14, I think its buyers turn this time around.

I think it depends on how big you get but also what you provide as well. Like for example apple is producing phones and laptops but that helps competition, look at Samsung for now and they are improving as well however its not enough, all other phone companies can't even reach to those levels without getting a huge sums of money to put into R&D help from government or some private investor.

Yet, look at teals and SpaceX, they have actually improved the world a whole lot, they are almost like a monopoly when it comes to electric cars, all other old car companies are trying their best but they never really put something as good as Tesla, plus look at SpaceX dudes literally managed to build rockets that can be reused and made it super cheap for space travel thanks to government loans. So as long as its helpful to humanity its good but if its creating unnecessary competition than its useless.

I was thinking about this and totally forgot this topic, since I was talking about it to my friends who didn't cared about it, I may as well write here. If bitcoin can be used properly like a national currency you are basically leveraging yourself against the world and that would usually involve a lot of risks because you are a whole nation instead of a person and dropping from 20k to 3k would have killed an economy if it was nation wide but considering nations like Venezuela is not doing good at all there is really no point not taking that risk.

If price goes up you are using bitcoin that is higher in value than dollar but if it goes down you are already a screwed up country anyway how worse can it get. That is why I feel like maybe Venezuela could use bitcoin (not petro, not eth, just btc) as their national currency and can get away with it.

Facebook is really not going to be that much of importance to people, they are not government to impose their coin on people, so they can only do some market by employing some technocrats that will market the coin to the world, and it is now left for people, to see if there is any benefit in it that they can gain, I mean not in terms of services, but in terms of monetary benefits.

Other than that, Facebook is just going to be a copycat of some of the coins that we have in the market, the only reason why I just want Facebook to be released is because I am sure that many will get to know about crypto generally through the launch of the Facebook coin because there is no way they can make intro without pointing at the kings of crypto, bitcoin and Ethereum.

The stock market has not even crashed, many investors has started turning to cryptocurrency investment already, especially that of bitcoin investment and you see that stick market generally has been declining for a while now which bitcoin has even taken over, so if it crashes, they would just completely abandon the market and simply turn to the mist profitable one right now which is cryptocurrency trade.

Cryptocurrency market trade still benefits any investor more than stock market, whatever amount that is invested in stock market, if you give same to bitcoin market and then time both of them, you will see that the one for bitcoin would yield result faster than that of stock market, and I really see this happening in the near future, crypto market may even be the one that will quickly crashes the stock market when everyone turns to crypto.

That is why cryptocurrency is an alternative to the traditional bank, if we have people that do not understand it or think it is quite complicated, and then they can just stick with the use of their traditional banks, while those who would understand it can continue to make use of it.

I would not even want it to be so easy for everyone right now, because it would quickly shift the attention of people to crypto, and then make them drop traditional banks suddenly which will still not be good because it would make the government system suddenly become irrelevant, but we need to gradually grow in it till government finds a way out to regulate, then we can talk of simplifying its technology, the system is still this complicated, hacker are hacking into it, not to talk of when it is simpler.