Those are huge as well, it's not like some regular stuff or a cheap retail investor or anything. Sure there are some people with a few thousand dollars who would talk about how they are selling and they are scared and all of that, which is understandable. But at the same time we are talking about something where the people who have been involved with this do not have any type of fear if they have enough money.

This is why I believe that we should not be really feel scared neither, those people with hundreds of millions of dollars, even billions of dollars involved in bitcoin do not sell and they are even buying more right now and that should tell you what the rich are doing.

One advantage to dollar-cost averaging which I love so much is that, by investing mechanically, you will be able to completely take out the emotional component of your decision-making. You will continue on a preset course of buying a certain and specific dollar amount of your preferred investment irrespective of how the price swings wildly. This way, you will certainly not bail out of your investment when the price goes down in a sudden wild swing, but you’d rather see it as an opportunity to acquire more shares at a lower cost.

Moreover the honest truth is, if you are an investor looking for a profit oriented strategy that cuts your investment risk, you might want to consider this strategy. Of course, while this strategy completely helps you better in managing your risk, you are also less likely to experience outsized returns which is one of the most credible reasons why I still stick with this strategy.

The process of dollar-cost averaging actually refers to the practice of investing a consistent dollar amount in the same investment over a period of time.

That is basically a ponzi scheme that you are talking about. I have seen plenty of people who did this, and even an idea that did this as a whole. During the whole DeFi period, we had projects that gave people a ton of return for staking their token, and sold their token to these said investors.

In return the investors would get more and more, which resulted with lesser and lesser returns, and the owners would become the only ones that made profit, people wouldn't get their money back because the price would fall eventually due to staking being so high and inflation causing devaluation for that token. As long as we have that type of projects in crypto, we could say that bitcoin may not be, but there are surely some ponzis in our world too.

Those three are the kings of the crypto world, I also like LTC even though it has dropped a lot, but since it has been at around the top levels for the past 10+ years, that proves that it is a strong one without a doubt.

There was a poll in here and in reddit back in the day that asked which fourth coin is the fourth horseman of crypto, gave btc, eth and bnb as the first three, and the heavy answer was LTC, it won by 22% difference to the closest which was XMR if I am not wrong, which is another good coin that went down, but has a very dedicated community. All in all, crypto world doesn't have millions of great coins, only a handful of great, and many "great for now, let's see what happens in 5 years" type of coins.

I agree with you to a point but the fact that we both do not invest into gold, and do invest into bitcoin proves that even though in logic we feel like they are both nice, we still prefer bitcoin over gold. I cannot really say this with certain idea, I mean maybe we do not but it feels that way to be fair.

I do it, I invest into bitcoin and not into gold and feel like they are equals in my mind, but if they are so equals then why am I not in 50% gold and 50% crypto? This feels like a proof that our generation prefers to be more digital and the idea of a physical gold being valuable doesn't really come to us as a reasonable approach as much, and digital gold doesn't feel trustworthy.

Basically bitcoin is the one that makes sure that crypto goes to a direction, that is how it works and as long as bitcoin exists it will stay like that forever. I believe that the best thing we could do right now is not to give up on bitcoin, and not go towards alts that try to move all own their own, they can't and anyone that claims they can will end up being a terrible one. Just focus on what you can do with bitcoin and anything related to it.

Any coin you buy, will be tied to the market very religiously, and that means if the market goes up then the price of that coin will go up as well, if the price goes down then that coin will go down too.

I am "sort of" against it. Because, there are better ways with the same amount of risk people are taking. I mean imagine the fact that we are in a situation where you are taking 50% levels of risk, and the returns are 70% for it, we can't put a data on these things normally but I am just giving an example.

I believe that there are better stuff with under 50% risk, with over 70% reward portion, so why pick swing trading when there are better options out there. The percentage numbers are of course example like I said, so it's not guaranteed and many would disagree with me, but I just feel like it's like that and I would prefer other methods instead.

I guess those games are not "far" from reality, the reason why you are capable of attacking everyone and win is the fact that it's a game and nobody overthrows you, and if you tried that in real life you would be getting overthrown very quickly for killing innocent people unless you are Putin of course.

The money side of things has always been the biggest problem in all games where you have an army attacking a place, civilization, crusader kings, total wars, anything you play will have a money aspect and you either do not have a big army, or you need to attack places to earn money to pay for your big army. Russia is paying a ton to this war, and technical debt is still debt, and USD is required for sure.

Raising millions of dollars means they are connected, it doesn't say anything about anyone at all. How? Well, let me put it this way, if you give me 50k today, and arrange friendship with a few big launchpads and a few exchanges, I am done, you will see me raising 10+ million dollars easily.

I will simply use that 50k on marketing, get myself on the biggest and greatest launchpads and not just one, I would do like 5 of them on each different week, and then I will be listed on a good exchange. Of course not many have this kind of connection, but if you do, and you can? Then you would be easily getting those millions of dollars without even having a good product.

I would guess that there is a bit of a "roughing the house" type of situation there. I mean first of all, if you are deaf, you could still use a computer and there is absolutely nothing stopping you from doing that, I never used my voice when I deal with crypto, just my eyes and my hands and that's it. That alone is a huge proof that this is just a "troll" type of person who just tries to get some attention and try to make it a bigger deal than what it is.

Secondly, "dumb" is a weird way to talk about people, how dumb? I have seen people with medical conditions who are smarter than some people I know who do not have medical conditions and didn't know which one was dumb. So basically this is just a troll attempt, and nothing more.

Unfortunately it's not really that different, but at the same time it's quite different as well. This time around the world is doing badly, back in those days the world was doing fine. I hear that there were tons of USDT sales that is causing all of this, and the fact that they can't be in all cash and they have to end up selling a ton of bitcoin in order to cover the withdrawals proves to us that they are doing this with cash they do not have.

If somehow USDT falls and it's not pegged anymore, then you should be ready for a crash likes of which we have never seen before, I mean under a thousand dollars. If that won't happen, then we should be fine and will recover.

There will always be some sort of people who will think that bitcoin will go to zero, or in this case 10k. Sure it "could" technically speaking, but that doesn't mean that it will. All you have to do is just get things under control during this market, make it stabilize, and then when the time comes the price will skyrocket like crazy.

People who are impatient and can't wait for it to go up, will end up saying that bitcoin will go down, bitcoin is dying, bitcoin is a scam and many things like that. If you know what bitcoin is all about, you would know that it won't do any of those, but that's fine, you do not have to believe any of this at all.

I mean veterans do make mistakes, but they do not make mistakes as much as a newbie, hence why they end up with a profit more often than not. This is something we should be focusing a bit more towards and that would be a lot better for everyone involved, if you just gain experience. Just because veterans make losses, do not be hopeless about your future, of course it is not going to be 100% right trades, but you are going to be mostly profitable aside from few bear periods like this.

But, if you gain experience and learn the tricks, then I think the best case would be the bull period where people end up making profits beyond wildest dreams.

If we are to wait for the whales then we are going to be in a big big trouble. We need to realize that the best thing about our current situation is not whales and it could be us. How? Well simply just put our money in there and increase the volume. Since the volume is low, regular people like you and me who do not have much could get into crypto, buy bitcoin and increase its price.

Of course, whales could come in and drop it a lot right away, but they can do that for so long, eventually they would have to stop. Even though rich people have a lot of money, they are outnumbered so we could take them on and if enough of us could get together then we could increase it. Which is basically how finance market worked in 2021 when WSB fought hedge funds on GameStop.

Plus, the market is still above recent low price, even though there hasn't been that much improvement lately and the prices hasn't been that well, we have to accept the fact that it hasn't been doing that badly neither. This is why I believe that we should be happy about it, even after thousands of coins were sold, the market stood its ground and doing fine right now.

This means that we could end up with something that is profitable for all of us. That is why the best thing to do right now is stay back and do what we do best, and just hodl. There is a reason why "hodl" was invented in the crypto world and that is because we all know the value of hodling long term.

This is the biggest problem when it comes to 99% of the defi projects. I have been part of too many last year, I am a content writer so I didn't really have too much say in it but even the ones that tried to be decentralized, had to do some centralized stuff to make it work or otherwise it would have gone down.

Even the fact that there are people who are spending millions to do marketing for a project is good enough to realize it is not decentralized. Have you seen satoshi spend money on marketing for bitcoin? All in all, I agree that defi projects should be approached with a grain of salt, there could be a few decentralized like cake, but majority is not decentralized at all.

The people are already investing a good chunk of money right now, wholesale style. I mean not "everyone" of course, there are a lot of people who do not get in, and even people who just stay out as much as they possibly can. But at the same time, we are talking about a situation where it is not going to be that critical of us to realize that people with a lot of money do get in, and they are the ones to follow.

If a rich person with tens of millions of dollars get in, and a poor person who lose a few thousand dollars to crypto winter gets out, then who should you follow up right now in this market? I personally would prefer to do what the wealthy are doing.

The thing is, the "bet" for buying those bonds would basically be "they are not paying it to USA or to the west, but if we buy it then they could pay to use" type of stuff. Which means they will get sold to someone, and that someone could collect it easier.

Will that work? I doubt so, but if Russia really wants to put salt to the wound, they could end up waiting for the debt to be bought by someone else and then pay it and make it known to the whole world that they will not pay their debt to anyone who put sanctions on them, and will pay all of their debts fully if it is their friends. Will that happen? I have no idea, but that is the thinking behind most people who would consider buying these bonds.

I agree that we will probably not see under 20k ever again, and to be fair I didn't expected us to see under 20k ever again neither, it was a shock to me that we managed to get lower like that, and I still think that it was a mishap and we will do a lot better.

The price is doing awesome, it's over 20k and when we start to go back up and reach to a level where it's 68k+ and breaks ATH, then that will mean that 20k and under is gone to never come back again. We have passed over certain thresholds where we never get back again, and 20k will be like that. Anyone who buys from the current price would be super lucky and could tell their grandchildren about how they got rich.

The idea that ponzi is a business and not a currency, is the only thing enough for it for sure. I mean we are talking about something that is a business idea, you give money to someone and if enough people do then they will end up getting paid monthly, and then more people will join and so forth.

This means that there needs to be a centralized organization that will distribute the money like that. But in bitcoin and any other decentralized coin, that type of organization doesn't exist and we should be feeling fine since it is not going to be a ponzi with someone at the top, we are going to have decentralization. Meaning if we lose money, we will do that together as well.