They will always wrongly imagine things because they have failed to realize in the first place why they are investing in the space and not just for making quick bucks overnight. A lot of them tend to enter a state of depression and frustration because they have chosen to and because they have failed to realize that this is about the future and how decentralization is going to help change a lot of things.

Moreover, since all they care about is joining FOMO or panicking because of a downtrend, and selling at loss, they will always come up with a theory on how the market is disappearing.

There could be a possibility of seeing that happen, no doubt and judging from the way things have been thus far, we will see clearly that the upper line of the descending triangle has been acting as a very strong resistance. Generally, descending triangles have always been a bearish signal for a market, but that does not mean they cannot be invalidated if the market peradventure, tend to break out to the upper part and may be go test some higher resistance. We cannot say when anything we happen, but however and whenever it happens, we will definitely witness it.

It is really hard to say and nothing can be guaranteed yet, looking at the way things have been so far. Secondly, depending on how you want to see it, the market is in a two different sentiment, and then, we can see clearly there could be a possibility of a falling wedge which may be bullish or a descending triangle, however you want to plot your chart. Although, we have seen several attempt to break the $6k support, but that does not mean we would not see a clear signal where we are headed to next when it comes. Let's see how things would be like anyway in the long run.

It looks like that. I mean look at the historical data for the past 10 months. The price has been between $6K and $7K for longer than it was anything else, it has spend more time between $6K and $7K than it has been $20k or even when it was $3k or whatever, prices usually move and swing a lot but this time it has been stuck here and whenever it goes below or higher it just drops back.

I have seen 6 thousand 600 dollars much more than I have seen in any price for bitcoin and I have been here for over 5 years. I remember it was like this back when it was around 300 dollars before it went back up to 900+ dollars, so I am assuming the price might do the same.

Next paycheck indeed as most people's expectation. Actually, it is beginning to look like it mostly, considering what the altcoin market has been showing throughout this week and how fast some already are beginning to move and breaking out to trade above some major resistance with some bigger room to grow the more.

Not so sure how things would go with the btc market though in the short market, but with bitcoin in a proper consolidation or slow movement upward, I believe the altcoins would have a very good chance to grow fast than we would even imagine. Let's see how things would be in a short time coming. Many people already started speculating about "another-year-end-big-bull-run", hopefully we are going to have the same. As of we may not need a new ATH but bitcoin prices above $10k also will be making many people in this community.

Whether it ends up being so or not, one thing I am certain of is that no one can know the future and all we can do is guess or stay optimistic that the market will always come with some goodies in the long run. The fact that we have had it always going with some uptrend in the past years does not mean we will certainly just end up having it that way as the case may be in this year.

I have seen a lot of people thinking that the market being bullish last year ending indicated we might see the same thing this year. Yes, we might, but it is a MIGHT just as said, and nothing is every guaranteed until it happens. Looking at the trend though, it looks like the alt markets generally are in dire urge for recovery.

If everyone can always consider themselves as a free investor when the market is down like this, I can believe they would not have any course not to enjoy the benefit of the market in the long run. If there gets to be a real demand for bitcoin all these possible manipulations will stop and of course, no whale will want to get burned in such occasions. For now, looking at the way things are, we can say for the short term, we may have reached a bottom, but at the same time, nothing is still guaranteed yet until we have a clear breakout to a direction which is where my sentiment will either change to bullish or remain bearish.

Probably, you have not noticed the fact that altcoin price are not usually sustainable and if you are looking at holding them in the long run without taking advantage of their fluctuations once in a while, you may as well just realize how much you have ended up missing at the end of it all anyway. Trading is one thing I decided to learn at all cost to be able to do right by my investment in the market and it has really paid off.

Bounty is a safe way like you said and it is normal in real life that the lesser the risk, the lesser what you profit and the more the risk, the more the chances of profiting but you have to be able to learn how you can minimize the risks of the riskier ones and then be able to do well with your decisions.

The price is a bit on the stable side because the market is trying to find a direction to pick on. For what it is worth, we can see how well the market has been trying to respond lately when it comes to movement upward for the altcoins but when looking at bitcoin we can see for sure that the market is still inside a descending triangle and it is how bitcoin tend to fair that would determine how things would go afterwards.

For now, we can only just be patient to see how events would unfold as we go on. However, if the price keeps falling, then the only thing we can simply just do is to buy more.

I really would say this mentality about crime being associated with casinos came from the initial stage where we ended up having a lot of criminals using casinos as a hang out most of the time, and over the years, which has become something of a general notion for most people when it comes to casino. However, in this day and age, a lot of things have changed.

Now, casinos are regulated, you will even need a license before you can open one, and if you really do not want to get out of business, you would really want to be watchful of the sort of activities going on within the casino, so I would say this thing is something of the old time, except of course for places where crime rate naturally is huge and then there is actually no form of regulation at all.

Gosh! I love this forum!! Has there ever been a day I do not get to see some comments that are extremely funny and laughable ? How on earth is he committing crime for bringing people into gambling or trying to convince them that it is enjoyable ?

Everyone as long as they are of age should be able to make decisions on their own rather than getting themselves convinced by someone. Do not get me wrong, I am not saying what he has done is a good thing, but saying he commits a crime by doing that does not sound right either.

Everyone may have their own perspective into looking at things, but usually, if you know yourself and what you believe in, you cannot be convinced and anyone who gets convinced to me is just weak to make proper decisions on their own. Nonetheless, it is a very wrong idea, because in the case where such persons get to become an addict, he might have his conscience to judge him.

First and foremost, this is a very new space and the possibilities of still trying to minimize risks rather than going all in is still there even though you want to believe in the long term potential of the market. This is one thing that would still keep helping to make fiat relevant and then banks to still be in action, asides from the fact that not everyone anyway will end up being a part of the space due to some limitations or the other.

For those who believe in the future of savings and spending with freedom, they will always choose bitcoin anytime any day and it will even get better when we start seeing real life usage. I guess the main issue here is just enlightenment as people need to understand how things should naturally be, but you cannot simply force everyone and we all know knowledge is profitable.

Sunday means the banks will be closed that day, which could be a great timing if a group of whales wants to attack the price and change it daily before the banks open at Monday morning. I think Sunday will still be same result with a rejection however whales could use it as a speculative ways and try to FUD or FOMO with people and try to manipulate the markets in a way that would profit them.

Considering the fact that now with bitmex getting more famous and the short/long futures as well they can even leverage as well and improve their chances of making even more with the capital they have.

You are really right and what everything still balls down to is that as long as you keep holding you really would not have a problem in the long run. I may be a bag holder now, but that does not mean someone in the long run, would not wish they could even buy at $10000.

It is just the way it is, and he simply stated some fact in what he said, with respect to you buying the dips as an investor rather than seeing it as a problem. One thing a lot of people tend to usually discard but prefer joining FOMO instead.

Since for a while now, there has been some proof that the amount of tether one way or the other is tied to the exact amount available in fiat normally in the bank, I have always believed it does not really have much of an impact on the price unless of course we get to see some shady stuff happen in the long run when it comes to tether printing and then the current amount available based on auditing.

Demand should always affect bitcoin value and not tether, with tether just being only a medium to hedge one's fund in this equation, so I see no reason why the real impact should be there in the first place.

Obviously, that has always happened over the years anyway and I would not be surprised if we get to have the same repetition this time around. As long as people started realizing that this is the real deal and a time will come they would wish they had really made some important decision of investing at this stage, then they will surely know the best way to go most of the time when it comes to being a part of the market in its dip.

Patience is all that is just required in this, and anyone who has it will in the long term experience a huge benefit.

Normally, any investor that is panicking because of the movement of the market is really not meant to be an investor because for every investor the idea is to always hold no matter what and focus on the long term.

Talking about traders panicking, I guess that is a normal thing to do when market is not going in your favor, but in the real sense I would say you are just making a decision based on your strategy and I would not necessarily consider it panic. What traders do is to trade the fluctuations and that is all it is about. A trader will only panic if he does not actually know what it is doing. There is a difference between panicking and then trying to make some market decisions as the case may be.

In this instance, I would say as far as I am concerned, it is only when you trade with emotions, no knowledge of what you are really doing, no strategy, then, that is absolutely when panic is bound to always set in. If you are a trader, there will always be room to make decisions when you know you should and without blinking an eye.

About every single trade having a plan, which is really very true and important note for anyone who really wants to trade. Planning involves where you intend to buy into the market, when you intend to take profit and when you intend to stop loss at any particular point in time, which obviously would require knowledge for anyone who really wants to trade.

This knowledge is something a lot of people who want to trade do not have and without the knowledge, they obviously cannot have a strategy or a plan. When a trader is approaching without proper plan and strategy then they will eventually end up in messing up all the things. When not capable of forming a strategy, it would be much better to stay away from the markets.

Well, that simply shows the level at which banks will definitely be able to find a way to evolve alongside the use of cryptocurrencies as they tend to understand the value it brings over time as well as the comfort.

Adapting to technology does not usually come all of a sudden, as it would take certain steps and gradual practices to do it right and it is a good thing to see German online banks coming up with stuffs like this and with this kind of news, it shows that over time, real life usage in terms of application of cryptocurrencies will increase.

There is always that compelled force to HODL when it comes to cryptocurrency and normally for people who certainly have problems saving in the past, they usually just find themselves, succumbing to the market for capital gains in the long run.

I understand the OP with the whole black metal thing and sometimes that is the main idea behind investing on its own rather than leaving your money hanging. There are certain things you can do with money, which you'd be surprised at how they can bring in such a great value in the long run.

Actually, the thing with cryptocurrency is that it sets one mind to the idea that you are investing into the future and apparently, until you are able to profit enough from it, before you can even decide to opt out a little bit. That is the mindset virtually everyone has, most especially for those who are just joining the train. Yes, that kind of mentality can compel someone to save, but should naturally not be the only reason to save, as it could be in fiat or any other means, it only takes principle and dedication to do it.

Very interesting I must say to see someone who would actually think he would be able to cheat the casino over some mathematics. Although, it is funny to see the casinos actually not giving any response to the whole thing when approached on the comments made by Balvinder.

How much true this might be, I really would not believe it in anyway considering gambling is a game of luck and I have seen good mathematicians trying out their skills in probability and always getting screwed eventually.