That is why I don't even think about many from now but rather focus on the current situation. Perhaps, we don't have any idea how long this Bitcoin gonna stay. While this still exists and we can still make benefit from this, we have to take this opportunity then. Because whether it goes up or went down, people will still accept it as we know the nature of the market. But speculating what will happen many years from now, makes no sense to me at all.

That is one factor affecting the market condition now. It was to see that the global economic situation is in crisis but I haven't expected that it will push the price of Bitcoin to move down below $18k. It is just the volatility of the market has shown to us, we've been in $21-$23k in the past weeks, it is something to say that maybe next week we are already up again above $20k. I actually positive how these BER months affecting the market condition but yes, we don't have to expect more.

It wasn't confusing anyway which one to choose. Just think about yourself and what you can really afford OP.
Think about that mining needs more capital to start a business like this, unlike just go buying Bitcoin because even with small amounts you can have it already. Well, even though you can really afford to put up mining machines due to mining competition, It is really preferred to just invest and hold, it was no hassles on our ends and we can still make another business. 

Well, I'm not sure if you bothered yourself to check that particular exchange before depositing. Because if you did this surely you will end up like that.
I may give you sympathy because of your losses but I hate hearing like this for this is not supposed to happen if we care to check the site and if we never use non-reputable exchanges. In fact, I'd never heard of this exchange and probably was newly created with the purpose to scam people (like you) who miss to asses the site.

Don't let these rumors and market assumptions dictate your mind OP. Everyone can do his own baseless market assumptions but I encourage you then to analyze how unreliable it was knowing that Bitcoin is quite growing and spreading globally. If based on that scenario, we can't certainly think about sinking, and much more impossible if it has been considered as a legal tender worldwide. 
What is happening now it seems to be enough to let people know that Bitcoin is having a bright future.

Not really a waste of time, we can make this another source of income. We can somehow enjoy ourselves by doing this anyway. However, if we talk about making this a living, that is a NO NO. Yeah, you are right to make use of your talent and skills as a tool to find a job and have a stable income rather than relying solely on crypto for we don't have a profit assurance.

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I guess OP, it was clear to you now what is trading gonna be. Yet, it was your decision but I encourage you to think about the risk.

Although we are aware that after the bear season the next cycle could possibly be the Bull season. However, it doesn't mean right after the end if the bear season the market will then spike high, it was not the way it looks like. It will just about to show some recoveries and continue moving high, then that was the time we called it Bullrun.

The bull season is expected after halving, which was very common and that is an indication of the upcoming passive market growth. Those who have been here during the last halving 2020 can verify the surge of price bringing new ATH for Bitcoin.

Likely, I keep on holding as I believe that this merge doesn't make a huge impact on its price nor do I think a decline come next. But not sure you OP of what you think about it. I simply put respond to what I think and also used my instinct.
But this is only what I can say to you;
SELL them if you never trust ETH, HOLD if you still have the guts to take the risk. I encourage you not to listen to those rumors apparently, there is no confirmation with regards to that.

We have once thought that Bitcoin is proven to have a fortune despite the negative talks and volatility. In fact, as we can see that there is a growing number of adopters and investors making Bitcoin more known to the community. That is why I don't make myself confused and I keep my trust in this technology believing that this will gives benefits and a new lifestyle.

Though we are not sure how long this still exist due to possible new discovery and market development but as long as it was still circulated in the market, I could assume that people are grateful for this.

If we base on their records - we can see more odds on the side of Ramirez than Bivol. Experience is a big advantage in a sport like this but a competitive boxer doesn't let himself down because he sees that his opponent is bigger and has a long experience compared to him, he does more than expected. But as a bettor, I'm still preferred putting my bet on the one I see has more advantage and close to a knockdown which is Ramirez.

Year after year, Bitcoin and cryptocurrency become the hottest topic attracting businessmen in all countries to adopt this and accept it as a mode of payment. For what happened to Turkey, this is also how it looks like in other countries. It was to see the interest across the world about crypto is wildly increasing as people had seen that they can make money from this and even a jobless person can do. In fact, during the covid-19 crisis, we see a huge incline of crypto investors.

That is crazy but that is what I see during the last bull season. It was just to happen that there are more hypes coming to altcoins that could bring more profit to the investors, even shitcoins are still profitable during that time. But as we are facing this bear season, we can't expect altcoins to give us more returns. However, holding potential coins ready for the upcoming bull season is really a good idea, we can just think about x3, x10 - that can be possible if we are too lucky to sell them.

It is not quite sure, we know how volatile is the market and we can't just think that by tomorrow the same price we are able to see, changes may come always. In fact, we actually think that we even drop more after seeing the $18k in the 2nd quarter but look how the market is being unpredictable, the pumps come and it even stabilized at $23k in a few weeks before it drops again - and this is what we have faced now.

I hope you OP could figure out that it was not worthy to invest with before falling into a big scam project. Though we can't assure it was a scam, however, with the nature of its market proposals, can be closer enough to say it was. So many projects like this before and guess what, many people got fooled had suffered losses. I know you don't want to be like that, so better ignore this project and look for something that is worthy enough.

I'm not seeing how you do it and what system you have followed. Well, completing $10k in 20 days is not hard if you have the motivation and commitment of doing this, and of course if you have resources.

I'm not saying good luck with your challenge but like to boost you instead. Kinda be interesting and exciting to see the results of this and I see this could also encourage others to do the same and make their challenge as well.

But it was difficult for inexperienced traders like OP. It was just like taking suicide and throwing our money. Of course, all form of trading is risky, and losses are likely possible all the time but it was advantageous if we already have the knowledge and skills as these are the tool for us to succeed in this, otherwise, we ended up losing easily. And I think it was not acceptable on the part of the trader because that is not the thing we aim for but unfortunately, this is the result of choosing the wrong way.

I'd never found it wrong investing in altcoins but what went wrong is investing shitcoins which are already flooded in the market. And if investors don't have the time to make research and just simply follow what these social media is promoting, I'm not in doubt that someone like the person mentioned by OP will fall into scam projects. And I'm not going to wonder why it is happening, I'd see this thing very common, especially if we are too careless and have no market experience as we jump without even doing any simple research.

Perhaps, the adoption has been quite growing this time due to some places already accepting Bitcoin and even legalized this as a mode of payment. This will imply that we are not going to fail and it pursues the main goal of being a currency.
Maybe 5 years from now many countries are already accepting Bitcoin and people use this instead of fiat money. As I see the growing sentiment of online transactions it was more advantageous to use Bitcoin. Well, the current situation isn't really we felt its acceptance but surely it changes someday.

Don't get fooled by that kind of attractive offer as this is more probably a scam trick that we usually see around.
I expect a tragic ending story for that project and losses for the investors. We'd rather stay away from this and put our money into the projects that we have some assurance, unlike this HIYP that will cause us losses.

The market is so tricky that is why we should be careful and wise enough to choose the right and reliable projects.

If we don't, then when? I don't think it was risky to buy or invest this time, in fact, the situation is giving us an opportunity to buy top coins at a cheap price. I'm not stopping people to buy instead, I encourage them rather than waiting for the bull season. Imagine that buying Bitcoin at $21k and you were able to double or triple its price during Bullrun, I don't think it was a regrettable move. It was more regretting of missing the current situation doing nothing aside from waiting and watching the market.