Having a small capital is not really a problem when you are trading, the real problem are the expectations that people have about the profits that they may generate, they want to generate enough profits to change their lives but they are not willing to invest enough money in the market to make their journey easier, so they are looking for great profits in a short amount of time and that obviously means taking a higher amount of risk.

That's the thing with gambling, we are always ecstatic when you win and seem to forget all the other times and the money we have spent whiles chasing the jackpot. In the end people tend to spend more money in gambling than they actually win but once we win we become optimistic and feel we can win it once again.

I agree and this is true that banks can never be obsolete because they can easily shift from fiat to crypo currency if they want too because they always mean business. In fact, most of the banks are in partnership with the exchanges in which we can truly use their cash out facilities every time we convert our Bitcoin. If they are against the Crypto then they should fully ignore the cooperation since the beginning of the crypto currency.

As it is reported that China makes digital currency, here has a central digital concept, just like libra. Regarding the benefits I think it is intended for the citizens of China because digital currrency is expected to replace the yuan by developing digital concepts and technology, and not for common digital currencies like bitcoin and altcoin. There is probably no effect on bitcoin because they are predisposed countries, so I don't think it's possible to pair cryptocurrency like bitcoin and ethereum.

Don't work hard just be smart if you have much money and become richest person, but if you do not have much money how to be rich person without work hard, how we can get much money for investing in bitcoin and altcoin become richest person. I think you have work hard first after have much money you can start with be smart with invest your money in bitcoin or altcoin and you become richest person with your investment way.

I don't think it's over but I do believe that if it will continue to drop dowm maybe it's for it to recover its high value. Many people are now losing a lot of money due to bitcoin price drop down and still not increasing so this will continue many investors will be lost their interest in it.
As long as bitcoin will not hit to zero value this is not considered it is over. Besides, let's prefer the bull run happen soon.

I started my business with a faucet that paid small crumbs, after which I tried to buy other coins for these crumbs and tried to trade them. But mostly I have tried to capitalize on the bounty and buy other coins then was still the popular social.networks that brought not a bad income.

For me the price of bitcoin will dump again this month of october and that will be your best oppurtunity to buy bitcoin, but you can also buy now and just hold it and wait until the perpect time will come, i still believe that before this year will end the price of btc can increased very high.

The obvious and most important reason why Bitcoin is not perceived by people as a currency for everyday settlements is its high volatility. Bitcoin is like shares. Nobody pays for goods and services shares, the price of which is little predictable. The same is true for the main cryptocurrency. People need a stable digital currency as a digital cash for daily settlements.

I think that the prices of many altcoin do not correspond to their real value.  For a long time, many cryptocurrency market analysts have said that more than 60% of altcoin do not have a final product and therefore are very risky for investors.  Their value is primarily supported by speculators on exchanges, but in general they may not have long-term prospects.  I think that in this regard, you need to make a very meticulous choice.

This is a first to me.

I mean not gambling but hearing this type of gambling.

I never thought people are even betting on politics. You know since in our country, there is a lot of vote-buying that is happening and I can't trust the election to be a clean one, I guess that is the same with other countries and they still on bet on it?

Stability will never happen in bitcoin because cryptocurrency are decentralized and there is no regulation for them so they can move freely and the exchanges are open 24/7 so there is no possible way for the price of bitcoin to just stabilize at some point. Bitcoin is volatile as it used to be and people should embrace and get used to it and they should still use bitcoin as a currency.

Yes I agree with this, we can connect banks with cryto, they can move their money to that bank, the onlg advantage that I am thinking is banks will need to know your source of fund, and also there will be a maximum amount of deposit because if exceeded they may hold your money and you need to pass all the files regarding to your money.

Yeah, I don't understand how one can think bitcoin to be over where it is still valued above 8k$. Bitcoin is a volatile currency so fluctuations in its value are a normal thing and that's the only feature that enables many to earn more from it. So, there's no point in questioning up its existence when the prices get down...

yes of course we can't consider it a moment because we were born in an era that began to advance
but we cannot compare with gold as a whole and this is quite different

I see that bitcoin tried deeping to $7000 of recent before it eventually picked up again, it seems that the bulls are really trying their best to make sure that the market does not deep below $8k again, but if they are eventually over shadowed, I think the lowest we can ever get for now is that $7000.

I would not be surprised at that though, because some months back, we already had some analysts forecast this too, but many of us ignored it and think it is fud, but what is being analyzed is that once the market deep to $7000, that will surely be the catalyst for the main bull run, but if I am to advise, I don't see the difference between investing now and waiting for It to fall to $7k, because its fall to $7k is still under probability, and prevention is better than cure so such an investor will not eventually fall victim of fomo.

I think of the member here aiming to become one of the good trader pal, as far as I know learning is a good start here, reading here most of the time might also give help to us to gain more idea to a different opinion by others here. In fact, even we are newbie in this industry the safest thing is to hold the coin first before anything else right?

World economic situation can dump btc price, unfortunatly. Recession is not good in general

By trading I can get much profit if lucky when start trading and choosing which one altcoin best for trading, but many time I get with bad altcoin  with lower price after I buy. Now I have understand about how situation with some altcoin before make investing and learn more with chart to get profit with trading.

I guess bitcoin's price would not go that low, buy now and sell it when bitcoin's price will make a huge comeback this month, being too greedy will not gives you profits. Buying at $8,000 per bitcoin is not that bad if you are planning to sell it when it hits $10,000 per bitcoin, you'll have $2,000 profits or more if you hold it until the year ends, two grand is not that bad than having nothin at all, take the risk and you'll thank me later.