Normally when people ask me for the waiting time, I would tell them till they see the profit they desire to have on their investment, which may take longer than that I month or 2 months, in as much as we can’t control the market or the factors controlling its price movement, except we are a big whale, it will really be hard to tie a particular time to it.

Tying time to it is what make a lot of people get discouraged and fall for panic selling when the time being speculated comes and nothing seems to happen, all I know right now is that the market is in recovery stage and with time and patience like you said, we will see our investment grow to it ATH too.

I strongly believe in your analysis and also believe that this is obtainable on or before may ending. We still have thousands of investor who are waiting eagerly to make investment but waiting to see if there will be price correction downward so they can still buy at dip but as I see the way bitcoin is gradually going, it might want to test $5600 price next week and once it does, FOMO will push those waiting investors into forcefully investment leading to a very high spike in the price of Bitcoin again which may make it touch that $7000, there will be a little price correction after then but I won’t be long to go back and stabilize on $7000.

Well that is right. I believe that gambling addiction is a result of motivation for making money. You think it is going to make you money because it is a billion dollar industry; you become part of it and quest to make it possible. This contains both losses and gains and it is human nature that he or she will try to compensate things and try to recover losses by trying again and again which ultimately leads to addiction so I think that it could just be a financial trauma or some unexpected emergency situation of not being rich.

A gambler may avoid addictions by keeping gambling rarely still we do see periodic gamblers are slowly turning as regular gambler as they are getting addicted at their own pace. In summary, not gambling at all may be the only solution to avoiding addictions, it seems.

Aside fun, I think for people like me who play for money, watching matches before betting also gives great confidence when we make a decision. There’s just this peace in placing a bet with positive expectation because you watched the match, it cant be compared to when we watch highlights, its actually always good for fun, you know talking about the math and all that makes the game really interesting. I ant even place a bet on a game I didn’t watch. I’ve never made that mistake and I don’t think I can make such  mistake.

I think I really need to ask, are there no other jobs to do for money, why take gambling as a source of income ? Well I think everyone to their own opinion but I advise you try not to commit too much of money while gambling. Huge losses have really caused a lot of damages to many and have broken so many families, so just try to do it with wisdom. Playing gambling as business does not stop loss from happening, even other legal businesses experience losses, so if gambling is your business, then you would need luck, strategy and above all wisdom to play moderately so that you can remain on top of your game.

I think there are so many advantages of having a mobile friendly gambling site over a PC. I have also come to realize from the menus of gambling sites that different buttons, animation, images and various files respond differently when viewed on PC, and on a mobile phone.

A mobile friendly design will make sure the interaction between the user and various functions of a website is maintained, this is because there are more user on a mobile phone than that of PC. So, having a mobile friendly site is not only beneficial to the player, it is to even the casino site. I will choose a mobile friendly site a million time over a site that is not mobile friendly.

It will not be advisable to borrow crypto in because there might be a very big problem in paying back in the future.

Imagine that you borrowed coin when the value of the coin was about $3000 and when you are ready to make payment, the value of the coin became $6000, you know it would be very difficult to make the payment because it just seems as if you are paying double the amount you have borrowed which is so not cool.

Borrowing in fiat is the best for now, because you have nothing to lose since the value is same.

That’s right, once many investors loose certain percentage on their investment, they already term it as typical loss, it could be a loss but a temporary once which the market will always make up when it becomes high a gain, although we have some coin market that will always be a waste of time because no matter how much Bitcoin moves upward in price, they may never experience any form of growth again.

I don’t regret those ones at all because I don’t bother committing much money in them, the major investment I have which I would also advised many other people to have that will never disappoint is that of bitcoin, no matter the short term loss in BTC or low price, it will always rise back far higher to make up for that loss.

I believe you know that china has the largest population in the whole world and with the way they have gone so deep in technology, they might end up being the most adopter of cryptocurrency in the future and if they are to go by the fact that HUOBI is their own exchange, because of the coordination and love among them, they might decide to support Huobi and make it number one priority to Binance, which will make them exchanges with the largest crypto user, now imagine the amount of money that will be going through such exchange, so bro, anything is possible, the table might turn.

Like you said, most of these altcoins are dependent on bitcoin and cannot rise independently because of the lack of working products that they have, probably he is basing his judgment on the future of BTC and I bet that for an investment of $1, if we are expecting such value in 3 years’ time, then by the end of this year, it should have reached $500, do you think someone who invested will not dump the coin so hard on $500? Practically all the investors will do same and the price will crash and never rise again. The only coin I know may not be dumped until it reaches its ATH is BTC.

Bitcoin is not declared illegal where I live , anyone is free to use it, but the people here don’t even like it. Nobody talks about it except those that are into online business. You will hardly see anyone talk about Bitcoin here, all my friends don’t even know about it. I’m the one that taught them what’s Bitcoin but they still not showing any interest in it. The only transaction I make with Bitcoin is with people that are living outside the country. So in my country I make use of cash and sometimes I can also make use of debit card if it’s where they have POS.

Usually I don’t go out a day without money in my pocket . Any day I’m going out I always have cash in my pocket. I don’t live in my place where people make use of technology when it comes to payment, they prefer cash. Unless you go to bigger stores that are well advanced , they are the ones that will accept such payments. But they don’t accept cryptocurrency as payment , they only accept payment methods like PayPal or bank.

I do not see bitcoin's rally upto $5 as a surprise because, all the while I’ve been following the chart and I’ve been waiting for a time like thing, in short I expect more increase soon. That increase to me is a transition from bear market to bull market and the signal has been on for a while so it didn’t happen suddenly.

I think one of the reason that triggered the increase is because Bitcoin is about to undergo a mining reward halving in 2020. the technical developments may have probably reinforced expectations of a  a more powerful rally ahead of the incoming halving.

Bitcoin investment can be done at any time, I don’t think anytime is too late to invest. Just that investing when the market is still low gives more profit to the investor, but at whatever time investment is made its still save. I bought some Bitcoin in 2017 when the market was still very high, I was afraid it will continue to rise but as soon as I bought, we started to experience the bear market.

I am not worried because I know my investment is safe and I only need patience after all its an investment and I planned to wait. If I needed quick money,  I would have gone into trading, but since I knew I wasn’t good with that , I chose the best option which was  to buy and hold.

This crash prediction is on what base ?
On the base that almost 50% investors would remove their investment and dump the coin ?

I don’t think this will ever happen again, the only time I expect a little bit of down price is when BTC reaches $10,000, some few investors who cannot wait till the ATH will see it has an opportunity to remove their capital leaving the profit to continue to grow and this action won’t be more than 10% of investors, which is not enough to crash the price below $6000 talk less of dropping that low. So, all those advise I am seeing people give to investors to sell their coin really does not hold much weight.

I don’t have any issue with any analyst that predicts in favors of Bitcoin, it is what we all investors do to make the price appreciate.

I only have issue with the ones having negative predictions because I don’t know what they stand to gain, they are not investors, they don’t make use of the system and yet they say bad things that are unreal about BTC, so whatever it is that Tom Lee has said is in favor of BTC and will encourage more investors to buy more of the coin. This will also have a way of having positive effect on the real value of BTC irrespective of where it is being reported.

What is their public figure rank for one to pay attention to such silly prediction, there are genuine investors out there who would pull the strings anytime it suit them and don’t be surprised that the increase we see in the value of bitcoin recently that many people are seeing as whale action might actually be from a genuine investors, we have lots of people who are already rich and would also look for a safe and anonymous way to perform their transactions.

So, irrespective of the FUD they create, we will always have investors that will invest  every day and lots of companies that would adopt crypto currency as means of payment, so the opinion of haters does not really matter in this.

Who does not know Binance as the most trusted exchange, except the person is a newbie in cryptocurrency but aside Binance, I think these exchanges too are good, Huobi and Bitfinex, Huobi seems to be the most popular exchange in china.

Though I have not used any of these exchanges before including the second one you mentioned, I have been using Binance too and one might never know how effective other ones are too except we try them. It will be best we know of few good ones now to break Binance monopoly before it gets into their head and make them to start misbehaving or mistreating customers.

You are quite right about this, this increase has been a wake up call for investors that are still in their slumber, they have woken up to the reality that BTC is not down any further. So, majority of them are gradually putting in their money step by step and as they do these, we will be experiencing a gradual increase in the price of Bitcoin till we get to the value you mentioned which may even be above that, depending on the number of investors we get then.

Hence, I expect this increase to fully materialize around September, so there is still chance of getting to $10000 by December if we can reach $8000 by September.

These minor correction will not be long before it goes back high again, this decrease we see should not be completely attributed to whale actions, when BTC got to $5k, I sold part of my BTC which I believe that thousands of investors did, imagine we all sold $500 each and we had about 2000 investors that also sold, don’t you think it will push the trend bit down again, what will push is back is when we reinvest again and other people who will also invest at that time, so not every action we see on these coins are from whales, we are sometimes the cause of this.

Lol, which is not a bad thing for those that can catch the pump and use it to their own advantage, I see no reason why people who doesn’t have any  business or investment in a particular coin just carry some bad news about it, if he decide to pump a coin, is it not for the benefits of this who already invested in it, like we all are holding bitcoin, if we see any one that would pump the price of BTC further, is it not going to be a thing of happiness for us ?

So we should please allow doge investors enjoy their own moment. We have to focus more on the coin we are holding and see how we can help it appreciate more too.