Basically, it showed people that bitcoin is to be trusted always. That’s how you grow as a stock, share, gold, fiat, or crypto. If people think that investing into something would make them richer than the inflation pace, then they would invest into it.

I believe that if I invest into bitcoin, I would be richer in the future and that is why I invest into crypto. This is how you make money and I believe it is very important. This is how I got richer, and this is how some people became millionaires and I believe that we should not be refraining from trusting it as well. If you do keep on trusting it, then the price of it will end up going higher and higher as well.

I disagree on the token itself. I mean what the hell is verasity. Now that I am checking it, it is barely in the top 400, why would you do that? If you really want to invest into something that would make you some profit, and you want to stake it at the same time, then why not go with cake? They have pure staking, not LP or anything, pure staking and you could make a lot of money from it as well when the time comes.

If VRA ever goes up, I believe that Cake would be going up at the same time as well. Or if you are not sure about that, go with ETH or BNB which both have staking features in Binance and you could make a little, but guaranteed income.

That is the thing, there are too many people who are going to end up focusing on one thing, which is making more and more money. Sometimes there are some people who think that it would be smart to force the situation to a max, and say zero, and that's a problem, but at the same time they will short it, that's why they want such a thing.

I believe that we shouldn't be expecting it to be zero, or a billion dollars, it's not going to be something that magical. It's going to be something decent, it's going to be like bitcoin at 30k by the end of the year, that's a realistic approach and we are going to end up seeing that for sure. That's at least what I am guessing.

It's about the time you are getting ready to make it even more perfect. When we are in bear market, developers have more time to make it as perfect as possible and they could wait until the bull period to make as much money as possible. I know plenty right now that are just in alpha stage or beta stage and that's how they are reacting to it, they just try to make it bigger and bigger. Instead of a group with 20k, they want a group with 100k etc etc.

During the bull period however, if you are too late to the party then you will be releasing when the market goes down, and you will not be getting anything good out of it. That's why there are projects taking some time and they are waiting for the bull period for TGE.

That is true, in fact, money in the exchanges means that it could be sold, money out of exchanges usually means that it’s not getting sold to me. That could be wrong, but I feel like people who would like to hold for a long term would want the money in their accounts, and in their own address' and not in some exchange. Think about all time high amounts of bitcoin being held in exchanges, would that be better? Of course not, this is why it makes sense to me that they would be doing a lot better right now in their own wallets.

This is another sign that bitcoin bull is coming very soon, or to me it is at least, maybe I am wrong and it doesn't mean that, but it sounds like that to me.

Well, all of that require you to understand how crypto works. Yes you should do all of that, but newbies have absolutely no idea what and how those should be done and that is why they have trouble and just listen to others.

It would be better if you could check poladot yourself, and understand where it is going. For me personally for example, it is not an exceptional one, and I believe you wouldn't make too much more profit from investing into polkadot compared to ETH for example. This means, why would I want to move away from ETH which I trust, and then I would be at risk with dot instead? Hence, why I try to make it work with the current situation at hand instead and not go for bigger risks.

Any coin or token that is putting all its hope for some lunatic famous person, will have to eventually die. The same person that said "doge is awesome" could very well say that doge is horrible as well. So do not put all of your hopes into some person who could destroy you as well. Bitcoin is high not because one person said it, but we all said it, ETH the same way, and all the others at the top.

You do not buy them because richest person said you should, you bought them because they were good. Doge has absolutely nothing going for it outside of Elon, and Elon hasn't said much about it for a while now. Leave it be, and focus on other things that could fundamentally and organically grow.

The horrible part is that they are still manipulating the market. They are not even going to distribute that much all at once, they are going to "start" distributing it, meaning that they are not going to pay everyone right away and it will be just a smaller amount, over course of a long period, and would not make a big deal in the market because that type of deal will not make a big difference.

But, the reality is that we are getting lower more than what this deal would have made, just from the news of it. If it was distributed and sold, it wouldn't drop the price as much, but the news of it does. Because, it’s manipulation, mt.gox trustees are trying to manipulate it to go down, so they would spend less.

It would be quite tough to make it go down from here. All the weak hands are already gone, which leaves people who would like to short bitcoin right now and make money from it by selling their coins and make it go down. Not impossible of course but quite unlikely.

It takes a lot more money to make it go down than the amount of money required to make it go up. When that flips, people realize that they would rather make it go up than keep getting it even further down. Just to give an example, if you sell 1 billion dollars worth of bitcoin or if you buy 1 billion dollars worth of bitcoin, the % profit you could make is bigger in the up version, hence why I believe it will go up.

Isn't that the story of bitcoin? We do not know if it will go down, or if it will go up. I mean by the looks of it, we have been between 18k to 21k or so range for a long time, when it is stuck there is usually a big movement coming up for sure, it doesn't stay between two prices forever. We have no idea if it will go down big time, or if it will go up big time, but we know that it has been here for a while.

I think it hasn't been enough time to start breakout and go up, but it could possibly happen. One thing I am certain about is that it won't be something small, if it goes down then I expect at least 15k, and if it goes up then close to 30k. That is how the big moves happen.

I think it's not really about the price as much as it is about the mindset. Someone who bought at 60k could feel regret if they never bought again later on, or even sold. But someone who bought at 60k, and bought a lot from lower levels as well, would feel that they averaged it down and they would feel comfortable about it.

Someone who bought at 30k, and did not make any new purchases, will feel regret for sure, but someone who bought there and then bought some more here would not feel the same. So long story short, if you know how DCA works then you would not feel any regret no matter what, but if you do not use that method then you would be pretty upset.

Honestly, even some decent ones understand, you do not have to be an amazingly well investor to understand this. You just have to understand how the markets work, it works in cycles where it's down and up and down and up, and it keeps doing that forever.

It means when it is down, you have to buy some more and make some more profit, and when it is up, you will sell and take that profit out and wait for it to drop again. Keep repeating that and you will eventually get super rich. Imagine a person who bought at 1k, and sold at 20k, and rebought at 3k, now that person spent 1k but got nearly 7 bitcoins, then that person sold at 68k but bought at 20k, that person now has 20+ bitcoins. This time around next year, if it reaches 100k, then this guy would have turned his 1k to 2+ million dollars, all within span of 5 or so years, and that is how you build a wealth.

I think it's mainly the newbies, I mean sure it's not the biggest deal ever, but at the same time we are talking about a situation where it's going to pass and people will become better, same people who make these mistakes when they are newbies, will not make the same mistakes when they are veterans.

This is not a big trouble, if you think bitcoin is a get rich quick thing, and you make losses based on movements and get scared and sell, then you are going to get it better for sure. This is why I believe that people should not be focusing on these people, just realize that they are newbies and all will get better in the end.

Network is the thing that bitcoin is selling basically. Because, blockchain is the thing that makes bitcoin different from all other digital "money" that has been created. If it was such an easy thing, ulltima online money would be valid like this and would have big worth, but it doesn't. Because, bitcoin has blockchain and others don't. After that smaller altcoins got created and now there is a huge market after over a decade, but it doesn't mean that it would make sense for them to be as valuable as bitcoin since that was the first one.

We should believe how much bitcoin worths in price equals to how much people like the concept of blockchain backed money. In my opinion as well, price of bitcoin is important as it is an explicit measurement to know about the growth of bitcoin.

I agree that when the price is low, there are more "people" who are willing to buy, but not the amount. Think about it this way, when the price is 50k, then there will be 100 people who buy 1 billion worth, but when it is 20k there will be 1000 people buying 100 million worth. In one case, it is more people but less money, in the other case it is less people but more money.

I believe that when we are down like this, there are more people who can see how much it should worth, but since the amount is lower, the price is lower as well, hence why it’s not going up. But when it’s higher, there are less people who can afford it, and feel like there is a good case to be made about whales buying more as well, even nations and also big corporations.

Unfortunately people who are rushing into trying to make a profit will usually end up with making a loss. This is the main problem, if we end up not rushing into this, then we would not have to worry about making the money back. It's simple, you just hold the ones you have and hopefully you could buy some more at this current price, and you will eventually profit if you wait.

But, people are so impatient that they are trying to make that money back as soon as possible and that results with the greedy result where they lose even more. I have seen people go "last ditch" and do high leverages to make their money back, and as we all know, that rarely ever works.

I believe that most of the time they are "updating" it to make it better in the code part of it. Audits are a real thing, and when you create a token with a contract that doesn't pass the audit check, then it is going to be a problem. I have seen many people who did it because they found some problems with the contract.

It is simple really, if CertiK for example says that there is something wrong with it, you update it, do a new contract, and ask them to check it again, and if it is clear then you stay with that but if there is some more then you make another one and check it again. One project I worked with literally had 3 contracts because of an issue.

That short futures were a big big danger zone during that time. People did a huge leverage for shorting, but there were times when it did small upticks. It means that even though it went lower, the short positions were liquidated. I remember many times when it was under 1 dollar, getting to few cents and even lower, and it did like 1 cent higher price and liquidated all shorts and then kept going down even more.

This caused not many people to make money like you assume. Sure those people made money with some of their bets, but they lost money on some of their trades as well. Hence, it wasn't a clear money making method, it was a bit of a risky move.

This has happened to me a lot of times before. I have traded or held a lot of coins back in my day and still doing it, but when I started trading some of that, I have lost so much time to time, earned a lot as well I can't lie, so it's fine but those times when I lost, took a lot of the profit part of it back. Yes, I believe that it is very important for people to realize how important your profits are and how quickly they could go away.

Just focus on making as much money as you could, or just give up, because you can't really find anything else that would be as troublesome as the feeling of a loss for futile attempt. Just useless loss you could have avoided.

They could also accumulate for a long time without a worry and increase it whenever they want to as well. Getting like 50 million dollars, 25 million dollars or whatever wouldn't be noticed all that much, which means that we are going to see plenty of these people doing whatever they want and whenever they want. They got too much?

They could then start to make sure that they could end up making a big of a deal and create a hype and the price go up. This is why I believe that whales could manipulate the market however they and that is known, but they could stay under the radar as well which is the biggest news and the most important part of the deal.