True. Because bitcoin is more like the heartbeat of every altcoin in the market and once anything strange to the extreme is affecting bitcoin it affects them a lot and the only time they get to even play is when bitcoin is having some rest mode on, which in the trading term is called consolidation.

After all, looking at some of their prices last year to this point, they are still doing very great and that includes Ethereum, even though it got seriously beaten to the point where it started from late last year but it is just how the market has always been.

FUD generally affected the whole market for sure with government trying to make some decisions on cryptocurrency but that was not the only situation in the market. Whales are always particular about FUD and always wait for the right moment to strike so as to use that FUD to shed a lot of weak hands out of the market.

One thing for long term investors is to never pay attention to moments like this, and rather than join the band of panic mongers, just hold and wait for the best. OP must be thinking into it if he is holding some good and reputed coins/tokens. Otherwise, it would be recommended to sell of and buy some other established coins.

It is easy to say you want to make money from the volatile market and then it is easy to lose it all if all you are doing is gambling your position. The thing generally with trading is that you need to have a huge level of knowledge coupled with experience to be able to trade any market and it is not as easy as it looks. For those who may really want to take it serious or be a whole lot dedicated to learning, it is actually a step towards making a lot from it.

If OP's concern is letting us aware of bitcoin market is a bubble then probably this is not the "everything" we all need to know. I read somewhere in this forum that people term the rise of bitcoin from $10k to $20k as bubble whereas rise up to $10k is the actual growth of bitcoins. This means bitcoin market is not exactly a bubble market but may have some of it time to time.

If $10k is the right price for bitcoin by this time then bitcoin market is already doing perfect. It means market is fluctuating between $11k to $6k. In this price range there could be some bubble and some real value due to growth of bitcoins in terms of adoptions.

Yeah, although a lot of people already kicked against it and even the U.S government most especially while considering it as scam. I know that is political anyway. The thing is this would eventually be the norm all over the world with each country shifting from the printing of paper currency into using blockchain technology and this is still going to be a manipulated, centralized, monopolized system as it has always been so what is really there for anyone to invest in?

We have been investing by holding fiat all our lives but did it really change anything. What is there to invest in a centralized currency anyway? One thing is that it is still going to end up being controlled and that will not stop the monopoly and bull shit that has been going on in the past. Sure, I may use it for daily needs, it would help make things easy and all that for global transactions, but investing is something that obviously would not cross my mind.

The OP was not talking about exchanges as this is about countries, and yes, you are right as it is indeed a great tool which I personally wish I had seen a long time ago as well. It is funny though that after making some comparisons, I was surprised at how with even a low income, you will be able to do hugely fine in some places and then consider the option of making a high income in such places.

However from the look of things, the higher the standard of living, the higher the average income and vice versa.

I purely agree on the fact of regulation and that would really usher in some good level of growth in the community. Also, it would obviously affect a lot of coins and tokens that came into the system as pure scams and it would end up being more like cleaning the space.

I believe with this, it would ensure a matured market and with bigger players and institutions setting into the space, we all know the space is not going to keep being what it has always been in the past and that is really good for growth as far as I am concerned.

We are still in the early stage and I am sure some countries will actually adopt the technology faster than the other based on how they are eager to grab and make it functional within the banking system. Over time, once few countries starts, the others will use them as a case study and then we will start seeing others taking the action as well. We all know the countries with fewer infrastructures will always be the last on the scene anyway but I believe this is something we will get to see over time.

In my understanding, countries may first try their own cryptos first and after that they will realize the importance of having a common crypto (similar to euro). So, there are interesting years ahead for sure.

It was really crazy since I actually made a transaction on this date in transferring some of my tokens. I guess I must have been lucky as probably that would have been the worst day of my life if anything had happen.

Still, there has never been a day I make use of MEW without trying as much as possible to take note of that green padlock and even on any other site asides MEW as anything outside it makes entering a delicate stuff on the web makes it vulnerable. Indeed, this is a call to switch to a hardware wallet. Just a $100 for the safety of your asset is indeed worth it.

I would rather day trade bitcoin than day trade altcoins. Altcoins are too volatile and they easily respond to every slight movement in bitcoin. For me, the best for altcoin is long term trading and to check out for your holding increasing hugely into FOMO as that is the only thing I look forward to in altcoins.

However, it is a market and anything can happen at any time, so the best is to just always find a safe place for yourself based on what you prefer. Day trading is not at all recommended for low risk and non experienced traders. Only for the people who are all capable of well analyzing the market, may go for it.

Anyone who is even thinking of strategy and intelligence should save that for real investment. Like you have said, gambling does not really have anything much to offer the gambler than either to get luck and win or either to not get lucky and lose hugely which makes it a game  of chance 50:50 which most of the time, the odds are not always in your favor.

Not taking it serious like you said is the reason why some people consider it as fun and would always prefer to stick with that than letting gambling play on their intelligence.

Yeah, those who are always addicted to gambling are usually the ones who tend to think they can make the best from it and they can easily get rich overnight with it and that is the psychology a lot of them would keep having which would always make having a casino a profitable venture for the owners.

Unless you grab a hold of yourself immediately, gambling has a way of using the greed side of you to get a full control of you and once that happens; breaking away from that control is usually hard. Due to the dangerous consequences of gambling, it is always portrayed negatively almost everywhere. In my opinion, it is not wrong.

Is that not the reason why the small fishes should open their eyes to see what the big whales are up to? But instead, they end up swimming away out of panic just because of some little dump and giving up their long term positions. When the bigger players take hold of this market, we will sure see a big run and from there we will get to see the market controlled by them eventually. The reason why we say HODL, is simply not to give them a huge chance.

When we believe that there will be more number of new investors over time then cryptos are here to go for long term as per OP. This must be another reason why we are using cryptos as investments as of now .

Very much early. For us to start thinking of a matured market; our market capitalization would have gotten pretty huge and by then you will not just see a single person dwindling the price just anyhow but for now, it is something we will just have to keep living with until we get to see that day come.

Nevertheless, regulation will of course make more bigger investors to want to get into the market and have a solid position which since they are more experienced in making a market, we may get to see a matured market.

In fact, I have never and personally never liked putting money in the bank for so long as I have always believed in letting my money work for me by investing them. We have always had no choice than to need banks at least for deposits and withdrawals and that was all they have ever been good for.

Even shares, bonds and all with the bank sucks and then you start wondering why not invest, own assets, get things with much more value than leaving all your funds in the bank and it is a good thing cryptocurrency is even here.

Obviously and the only way the wallets as well can even be a target is for the owner to end up being careless. At least, the fact that our money is safe as long as we keep it in our wallets, most especially a decentralized one is good enough and most people who are always easily attacked are the ones who either leave the private keys gullible anywhere or probably using an online wallet without some security functions like 2FA turned on. These are the category of people that get scooped off their assets. Basically bitcoin will be secured if we keep our password and following all security measurements. But failing with them, cannot safeguard anyone.

That is obviously not what regulation is changing. As long as the protocol is not changed, bitcoin will still remain decentralized. Regulation is mainly going to be affecting the fiat based exchanges and those who of course may be looking to do some fiat to bitcoin exchanges will have to be subject to those forms of regulations.

Nothing stops you from doing your P2P transaction and we all know this is not going to be affected by regulation in anyway as wallet addresses is not tagged to any name unless you are using an exchange wallet that is subject to regulation and in that case you will be fine. However, I feel regulation will help clean up the space a bit and it is a way for the government to eliminate any illegalities.

Time is the best healer but you are always your own best healer. The thing is rather than having feelings of regret, it is a market and you should always understand the volatility of every market which obviously no one can change at all. However, it is better to learn how to either make things better or rather look away when you know the future is always going to be bright anyway.

This is one thing I have always learned how to do and I have never had any issue doing at all. As long as you are ready to learn from any past mistake, the feeling of regret is the last thing you will ever have.

If there is really anyone bothering themselves about the situation in the market anytime, they are really not worthy of even being called an investor in the general sense.

The reason why a lot of people cannot behave like the OP is because they got greedy and jumped into the market when it was increasing rapidly, only to start panicking and selling at loss rather than realizing their mistakes and buying more at dip to cover up for the future. I guess they will never get that anyway since all they were after was just a way to get rich quick.

Yeah, seeing trading more as a job will always give anyone who wants to trade the real picture of what trading is really all about. Firstly, trading itself is a very huge profession and taking a profession lightly can always lead to not doing it well which eventually always lead to a demerit for such a person rather than it being a merit.

If anyone is ready to trade, learning should always be the first thing in mind and taking that learning seriously is one thing no one should ever joke with. Becoming a trader has lot of potential risk to deal with. That is the reason only serious people are finding success with trading.

It is just more like calling them the biggest fish and they are that way because they are holding a huge amount of any of the coin and that simply makes them a whale. They can affect the market because of the position in the market, and that is how they make shit load of profit anyway. They move the market based on how the perceive it at a point and then they know how to do this perfectly as long as they are making a lot from it. Most traders know what to look out for technically, whales know how to read emotions; long term investors just know how to watch the play.