That must be the right advice anyone could give to their friends with respect to investment.
We should not take responsibility for their investment actions but we need to make them understood what they are doing so that they will act responsibly and will be ready to accept whatever the consequences will be. Because, how people will be reacting in positive market will be completely different from negative markets.

As far as I have experienced, holding must be the right way of doing with the respect to cryptocurrencies. You may go for buying and selling some coins time to time and will be making some good returns for your efforts. But, that will not be up to the level those who are continuously holding for years. Yes, those continuously holder will be getting more profits compared to what you do get from your active trading. It is true is that holding is the best way to find the maximum in cryptocurrencies.

All the people who are all finding themselves into problems due to holding bitcoin, will find themselves relaxed and profitable once bitcoin will be hitting new ATH. That may happen by end of 2019. Be confident and continue your holding. That must be the right way of doing right now.

This type of question had been asked in this forum for more 1000 times and bitcoin proved its potential every time since then. One simple answer is, in next 20 to 25 years, one bitcoin may value half the billion. It may sound unrealistic to you and most of the people in this forum but that is the real fact and may happen in some year around 2040. Believing in to such an predictable value for bitcoin must be the factor which I am still holding in my heart so that I am deliberately expecting that bitcoin prices to recover anytime soon.

Prices are going down due to the reasons of market manipulators and innocent traders who are listening to FUDs. Bitcoin is being trusted by many financial institutions and lots of individual investors around the world and that is the reason prices are still three times higher than what we had by the end of 2016.

Who needs your opinion ? When you do not have any proper proof or any backup for your statement, please keep yourself silent. I'm just seeing you are just another FUD on major crypto currencies for the reason of whatever you're holding and most probably that must be another shitcoin.

Leave off etehreum. If bitcoin will collapse then there will be no possibility of survival for this entire crypto space. Yes, no coin will find a life if bitcoin get collapsed for any technical reason. When the pioneer of this space is not finding ways to survive then how we can expect all other copies to survive. OP is just trolling. I guess this topic should be locked as early as possible before some innocent people will be reading this discussion and taking some improper decisions.

I believe anything worse than what we have seen in 2018 is not going to happen anymore hence we can be sure about better things to happen in coming months. I am already preparing myself for facing those excited periods. I believe there will be plenty of chances for the market to recover from the current state as there will be no more chances for the markets to fall further. It is currently trading near its strongest support levels.The year 2019 will be definitely different anyhow.

Yes, we always must expect unexpected things to happen here in this crypto markets. If you go for analyzing the past, we can learn lots of lessons similar to this. But, ups and downs are happening periodically with this markets hence we do not need to worry but it is the time to prepare ourselves.

Spectre and Nano are the biggest marketcap losers I know of. Spectre at one point was 6 dollars or so, right now they are at 14 cents or so. That's not a normal fall anyone could cover. I know them from inside as well and they have absolutely no interest for their coins and even the owners and founders don't have much interest anymore. Hence, they will not be coming back, they are gone for good and that was a coin that was about 6 dollars per coin which was a lot at the time.

Nano may comeback eventually, the founders and owners are really working on their project and there is still some sort of interest to the project but that is mainly from the people who hold the coin and hope for it to come back. The price peaked at around 34 or 37 dollars and right now around 1 dollar, that is really hard to recover.

Will change sig and avatar on acceptance. Sorry for any inconveniences.

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It is the "banknotes" that are becoming the thing of the past, cash literally means money and when you spend debit card or credit card that is money as well. So what we are losing slowly is the banknotes and honestly I am doing my part to keep it alive all the time. When I worked at my last job I literally withdrew all my money to cash right away and never worked with the bank.

When I stopped working for my last job and became full time crypto freelancer, I started to actually keep all my money in crypto and whenever I needed money I withdrew it to my bank account and spent it, never keeping too much in the bank account. I am trying to be all liquid without ever needing the bank. Banknotes are important, they are the original against the banks move and if everyone kept all of their money as cash there would have been no troubles.

Really? Huge price increase? It is around 3900 or so right now, it was like this just 2 weeks ago, how could we call this a huge price increase when we were just here only 2 weeks ago? People in bitcoin really love a bull rally, if you tell someone that bitcoin will fall from $4k to $1k but will get back to $4k all in the span of one month they would actually love it because even though there is a drop in price it would result with a bull rally and they want to clearly see a bull rally regardless of the previous drops.

Yes, it is great that bitcoin didn't keep on falling, the 3 options of going down, staying same and going up are clearly giving us only one good option of going up so I am fine with it but lets not really get excited and assume 2 weeks ago price is some huge increase.

Back in 2013 I had a friend who preferred to keep his coins on paper wallets. His idea was that if he wanted to ever cash out his coins it would take him so much time to cash out all of them. He had about 100 bitcoins (wow looking back he was quite rich but at the time it worth couple thousand at most) and he divided them all into 1 bitcoin each for 100 paper wallets all together.

I don't know what happened to him because we didn't kept in touch but at the time that was the best idea I heard because if the price skyrockets one day he would eventually want to cash out but if the price kept going up he would have regret selling lower. So for anyone out there if you want to actually get bitcoins and put them aside as retirement money or definitely not want to cash out no matter what until emergency situation, just divide it into 100 and put them on paper wallets.

I won’t be surprised that most of you will keep asking this question until you miss out on the opportunity. This cryptocurrency is all about risk, stop waiting for the bottom and invest your money. The price is already down, so I don’t what else you’re waiting for. That’s why some of you don’t achieve anything in this. You keep waiting for the bottom and you keep missing out. Price is already going up.

Many people are doubting about this rally of bitcoins from $3200 level to $$4050 levels. FOMO might caused this rally and I checked in major exchanges but all look good. But, this rally could not be taken as a sign of trend reversal as we need more sustaining prices above $4000 levels so that price move toward $5000 and then $6500 levels.

Yes, after hitting $20k price levels, bitcoin prices are now trading around $3500. It must be a very good opportunity for new investors those who got attracted when bitcoin was trading around $20k levels. They might have been thinking like they were too late to get into bitcoin but now the bitcoin market is giving them another opportunity to get in. But I'm not sure how many people will be understanding this opportunity and making use of it.

It is always dangerous to dependent on others for investment/trading purposes. We must take time to analyze where to invest and what are to avoid. If we are not ready to go for our own analysis then it should be better just sticking within bitcoin investments and that also should be long-term based.

But, when we are not sure about perfect trading then we may go for long term investments with bitcoin. Yes, just trading bitcoin on long term basis will be definite profitable and anyone can do that as far as I have seen.

I guess you were using Google translator for setting up this OP; anyway, I understand that you are about to ask where to store/hold coins like whether into exchanges or in open source wallets. Exchanges are not meant for storing our coins even most of them are not against doing so with their TOS. We must choose a suitable wallet type for that. Because, storing locally in your computer has many advantages over exchanges or web wallets. The primary one must be, always having full access and full control over your coins.

In the times of forking, people who are holding their coins within their computer, got the maximum benefits without any big hassles whereas other people who were depending on third party services, enforced to wait until their service providers decide to go for that forking. This is one simple example on the advantage of having full control over our coins.

Probably he might be a bitcoin hater or just spreading FUDs for the reason of finding opportunities to buy cheaper. In my view sense this type of people are imagining themselves as they are expert in market predictions and writing whatever striking in their mind but unfortunately some innocent people's are listening to them without checking these people's rank and reputation in this forum.

No. Most probably this must be the best time for staying away by simply watching. For the high-risk investors, the current price levels are good for buying some more and low risk investors and traders should wait for double confirmation about reversal so that they may enter.

FED is not a useless organization, they are not really that bad neither. The problem is it should have been connected to some objective organization instead of money greedy ones. If you give the rights of FED to the government than government can do whatever they please that would get them more votes and get them richer, they could literally print money and give out to the public individually for a short term gain that will affect their votes.

However, that would destroy the economy on the long run. There is a reason why FED is a private organization but certainly that reason is not to make the FED people rich, it was to actually have economic genius people to control the FED so they could do the right thing that makes sense instead of thinking politically. If Fed could move to that reality, it is actually quite useful.

DAM is a type of company that already started to pop up everywhere.

Its means Digital Asset Management and there are a lot of companies just like the stock brokers who you pay to get stocks for you, the only difference is you pay them to buy you digital stuff.

Crypto is a huge part of that but interestingly there are other digital stuff that worth money as well, you can literally buy apps whole for their future profits and give out shares for it. There are companies that make ton of money from that system as well.

Basically in the future the whole world is changing into online world and it would be silly to think our investments won't. We are already buying and selling stocks online more than we do personally so why not change the things we buy as well. When you make it digital like that there is no need for a 9-5 period, it can be 24/7 since its all online.

When a huge global financial crisis happens it just happens to everyone, there is absolutely no way of running from it.

Stocks will fall, crypto will fall, gold will fall, house value will fall. There will be nothing that will profit you at the time of an economical crisis, you will lose money no matter what you are invested into. There is no running away from this at all. Hence there is absolutely no way of profiting neither.

In the end crypto is used to the volatile world whereas other methods take years to recover so the best move you can make is stay on crypto and take the hit and just hope that you will win the recovering race compared to other investment methods.

I still prefer diversification and putting my money into multiple stuff but in the end none of that matters during a huge global crisis.

There is nothing firmly stating it could go down %85 before it takes off, I mean price doesn't really have to drop %85 exactly like it did previously, it could go down 90% or it could go down %80 and nothing would change. It will eventually go up that is the most certain part of this calculation, I am not sure what the bottom will be but I know the price won't be capped around here and eventually go back to previous all time high prices and go even above those prices, this maybe in couple months or in couple years but it will eventually happen.

What this tells all of us is that even if you buy right now and the price goes lower there is no need to worry because in couple years you will have an investment that made you quadruple of your investment and even more. We just don't know WHEN that will happen but we know it WILL happen.

That's why people always say diversify your investments. Even the stock market could collapse as you can see and there is nothing you can do to actually stop the bleeding in crypto yourself hence even investing into those two won't be enough in days like these. Hence when you are investing remember that there are other options than just stocks and crypto, diversify all of them at once and get into more stuff.

For example, if you are investing into stocks do that with 10+ stocks, when you are investing into crypto do that with 5+ crypto currencies but also have some gold aside, if you can invest into some real estate projects, put money into bonds and many more stuff like that. If you do that than in return you will have a safer option and even if all of them drop at the same time at least you will know that economy can't continue to drop all the time.

What all of us missing out when calculating what the global market is and what crypto market worths and all that is the fact that crypto is not shaping up just "buying and selling".

I understand that finance world is HUGE and it is hard to break into that but the fact that crypto and blockchain chan move onto many other things shows that crypto doesn't have to break some sort of financial record in order to disrupt the world. Blockchain is used to make games, blockchain is used to keep records, crypto is used to make ICO's and make more crypto, bitcoin can be sent for just couple dollars even if the amount is over a million dollars (which many companies charge thousands of dollars). Basically there are so many places crypto can touch that finance is just one part of it.

I honestly agree with this 100%, I had some coins at 8 thousand dollars and I had a lot in $6.5k days and now that it dropped I have almost 50% of my coins bought at $4.2k or so. I am still down from what I bought but it seriously doesn't look like it will be recovering anytime soon hence I will probably get some again and again. Instead of waiting until the price drops to a certain price point I think it is easier for us to just buy a little from each price, I do weekly ones and get whatever it is for that day, sometimes it is high and sometimes it is low but at the end of the day I basically average it.

I am still not hopeful that I will be profiting anytime soon but I know that I will be better than people who get in too late or never get in waiting for that bottom.