you do realize that on an exchange platform, for every trade that you do, you have to pay a percentage based fee. this means if you do what you said (a couple of hundred bitcoin) you will have to also pay a lot of fees.


Fixed That For Ya.
if you look closely you can see orders 20 times smaller than mine taking place on yobit so technically speaking i should have been able to make a successful order on a fair exchange platform.


don't let the high fake price fool you into wasting your time.

actually that is a good point and i think it is somewhat true too.
many people have this false way of thinking that since bitcoin went from 0 to a thousand, then an altcoin can to the same too. so they jump in and invest their money in the hopes of making a thousand dollar profit on each coin they buy.
i have to admit that in the early days i also thought like this. there are many interesting projects out there and they get hyped up enough to make you think all kinds of crazy things, but behind the curtains they are all for short term pump and dump and profit.

i found something here: https://bitcointalk.org/index.php?topic=1850419.0 make sure to read the feedback of the topic starter.
and this whole things stinks of a big scam, and it is no surprise that Yobit is involved once again in another shady scam! that 0.00000020 NANOX, in case anyone was wondering, was found on the free coins section of it and that is another scam, they give this small amounts to force you to want to buy something in order to be able to sell that by reaching the minimal amount but you never will be able to sell it since nobody is willing to buy it from you and orders are fake anyways.

here is where (the only place) you can find it: https://yobit.net/en/trade/NANOX/BTC 

no wonder! the fake orders are already in from YOBIT itself.
and the funny part is that it doesn't allow me to sell my 0.00000020 at 800BTC but the history shows a lot of 0.00000001 NANOX are sold at 199BTC

P.S. Yobit is the source of my amusement sometimes.

not true at all.
only traders hold altcoins, and that is only because they are trading those altcoins to make profit and not every bitcoin user is a trader, nor are willing to risk their money and bitcoin on something too risky such as altcoins.
i believe you are speaking from watching things from afar. if you get your hands dirty with some trades and some watching of the market, you can see things aren't so hunky dory as you think they are. there is a lot of manipulation in altcoin market and most people are losing money until they either get better at noticing these things or give up trying.

more resistance while going in both directions!
that means there should be a lot more adoption, a lot more users and the exchanges have to grow quite a bit. not just have such a thin orderbook which can be dumped into or bought to push the price up with a couple of thousands of dollars. and there needs to be more exchanges just as big, spread around and disconnected from each other.
and yes it is possible, and it is happening. you can compare the days of Mt Gox with 75% of volume with nowadays with exchanges having barely 10% of trading volume.

there is no fool proof answer to this question. it is all speculation.
the risks are there but in my opinion price going down in long term has a  very small chance. but in short term because of some stuff that are going on can go down but i won't last long.

but there is another risk that people usually forget, when you are using bitcoin you are in charge of keeping your private keys (your wallet) safe. and if you fail to do that, you will lose your money. this risk is easily manageable though, since you can learn how to make a safe wallet (read about cold storage) and never worry about this risk.

what do you mean "where"? bitcoin is not a physical thing to hold it somewhere, you only need private keys to spend transactions that are already on the blockchain and belong to your key.
and this means hold those private keys. unless by where you mean where to hold those private keys? in which case the answer is in any wallet that you control the private keys, such as paper wallet, any desktop wallet such as Core, Electrum,... and NOT on third party services that don't give you control over private keys such as Coinbase or any exchange service.


a split only happens if there were no consensus.
there has been at least one hard fork in bitcoin and since it was done a long time ago and it was done with overwhelming majority supporting the fork, no split happened. the same thing is still true.

the 3 years ago drop that you are talking about is just a drop out of a bubble, and it was not even the first price bubble! there have been as big price bubbles as that one before but since it was along the highest price and also the scam exit of MtGox, everyone remembers that and they keep mentioning it.
the same rise meaning a big % rise then a big drop has happened before and then from 2013 onward bubbles have also been happening but at smaller % so they usually go unnoticed or called as whales dumping.

i mostly disagree with your Ripple investment decision since i smell a lot of dump in the future of it. simply because there is no reason for this coin which has been worth 700ish satoshi to be worth 2700+ satoshi.

also i agree with your ETH decision since i also smell a dump and it is overpriced right now. however i will keep an eye on two things: bitcoin price that if it continues going up i will stay far away from ETH but if it drops i will most probably invest in ETH to take profit from its pump. also i will keep a lookout on what they release, they may wait for a big dump first then release something new though. but when they do, they will follow it with a pump.

also PIVX that you mentioned is good but not at the moment apparently. it is dropping but there is good resistance. i will look for a bottom to get in.

and obviously Litecoin is the hot topic everyone talks about and that alone means rise
apart from that SegWit is coming and Chicken is going to the moon, in $50-$100 territory. 

actually selling a couple of days ago was a great idea, because if we are talking about trading (which most of us are) the high price of 0.0108BTC was an excellent point to sell and wait out the dump because of the stopping of SegWit and then buy back at the bottom (0.0083BTC or anywhere up to 0.009BTC) because that would have meant a profit no matter what because of simple bounce back.

and then after buying back, you keep a look out and since SegWit starts again you cancel sell orders and place them higher.

if you ask me i say LTC will go to 0.03BTC very soon but in my opinion just buying and holding and hoping the price goes up is not a good idea in any altcoin. you need to have clear targets and take advantage of the profit waiting there for you to take it.

if you know trading as much as to call yourself professional, then it doesn't matter what you trade as long as you are making profit. and in cryptocurrency trading there are a lot of profits to be made, you can always make profit in Forex for sure but you will never ever in a million years find a pump there for example from $4 to $11 in 2 days! or $50 to $101 and so on. and these are all big and short term profit waiting to be collected.

i know it is a harsh thing to say but They Deserved It.
that is what you get for being a sheep. sheep is just moving in a herd following other sheeps led by a wolf (for the sake of the argument )
nobody in the whole world is going to give good advice to others when it is money related and he himself has money at stake. obviously they will show an illusion of good advice while the sheep people throw themselves in the pit, the pumper is just sitting there watching and laughing at them while they are handing their money to him with a thankful smile on their lips...

it is not just receiving you know. you should think ahead about "spending" too. and for that you do need to wait to synch and download the whole blockchain to be able to see the balance, make the transaction and spend it, unless a particular coin is using a different particular approach, that is the way.

however, with bitcoin you can always find ways of generating just a cold wallet like paper wallet and never even need a wallet. for example you can use online tools such as coinbin to make a tx and sign in with an offline wallet.

technically if you can do the same with any other crypto you can choose this method only if their wallets allow signing of raw tx offline without having the blockchain. and then again you will have to find a way of broadcasting it. which may seem simple but it is hard without any tools.

when you literary speculate everything and then change it every couple of hours it is obvious that you are always seemingly right.

there are only 3 possibilities after all: Up, Down, No change. you take two and post a 50-50 speculation then say a different thing in a short while. then go back and either delete the wrong one or bury it under a lot of "words" which makes it hidden and a headache to read.
i'll say nice tactic but the question is what is he trying to achieve?

well, it is always a two way street.
when the site (service) respects its customers and is always trying their best to provide them with the best services and keep them satisfied, then obviously more customers will come and the existing customers will stay and obviously the site (service) makes more profit.
and then as they earn more profit they can give more promotions and better services and then the same circle continues.
that is like the first and most effective thing any successful business has ever done.

you can't compare the two situations.
Chinese exchanges have closed down EVERYTHING. and they did it themselves based on what PBoC demanded from them.

bitfinex is different because their bank in Taiwan is blocking their wire transfers and that is affecting most of their fiat transfers. you can still use HKD and CHF to withdraw, also they are opening a way to give a temporary one time withdrawals chance to anyone who wishes to withdraw fiat[1] and also there is still deposit and withdrawals of cryptocurrencies (which has been working fine) and they have a couple of them including bitcoin and litecoin. and because of this last part people use (not-withdraw-able) fiat to buy crypto (mostly bitcoin) and withdraw that bitcoin.

[1] https://www.bitfinex.com/posts/201

since you keep posting tradingview links, i have one question for you:
do you honestly think technical analysis works for altcoins?

we need "developers" not "business men".
and right now we have the later.
bitcoin is successful because it was made by a developer who wasn't looking to make money, you can see that after 8 years Satoshi coins has not yet moved and possibly will never move in the foreseeable future.

can you say the same thing for any of the altcoins? not at all.
ETH that everybody praise, has Vitalik who dumped a massive load on the first pump and as soon as the dumping began and took out a couple of million dollars out. and that was only 25% of his personal stash.

the rest of the altcoins are the same. they are made with one thing in mind and that one thing is "how to make more money out of it".

and as long as this is the mentality, nobody in the market will treat altcoins more than a pump and dump.

topics like these are a lesson, a lesson in speculation that people around these parts are full of it.
the day you place your trust on what you read online and by a random user who goes offline after throwing a "speculation" or better call it a shot in the dark and then others join in and make guesses of -30% drops, that day is the day you start losing money.