I think the angle banks will use to try to make those that hold some crypto to use them is that securing your coins can be a real challenge.

We know that as the market has been getting more popular hackers have begun to target cryptocurrency owners, and while we are qualified to secure our coins properly I can assure that most of those that will get in the market during the next years wont be ready for that task and they will be glad to let banks store their coins.

The fair price to pay is whatever the market is indicating right now and the price is nowhere near those figures, maybe during the next months the price could get close to those levels but for now the market indicates the fair price of bitcoin is something close to 7950.

Personally if I was a person outside this market and I watched the charts I will choose to wait for the market to go down even further to get as much bitcoin as I could for my fiat.

It has been known for a very long time that if you try to use trading indicators in markets that have very low volume then they don't work, but if you use those very same indicators in markets with enough volume then you will get very accurate results with them.

But you found the right answer, when you cannot use trading indicators and fundamental analysis is useless because of the huge number of scams your only option is to watch the price action.

Banks are never going to change their purpose and their goals, whatever they do is only going to be an attempt to keep themselves relevant in the revolution that will come through bitcoin and the blockchain, but make no mistake they have no intention of changing more than it is necessary to remain in power.

If they could somehow destroy bitcoin you can be sure that they will do it, it is only because they can't that they are willing to adapt.

Some members of the forum like to complicate their lives needlessly, they are looking at hundreds of altcoins and they are trying to tell which one of them could be a good investment when the best investment during this year has been right on their faces all along.

Bitcoin has been the best performing coin during the whole year, it is true that you may have found a few altcoins that performed better but on average bitcoin was by far the best coin to be holding during 2019.

Having such absolute limits of when to sell your coins will only produce losses over the long run, after all it is impossible that every single trade that you make will produce 50% profits, at some point you will make a mistake and the coin in which you invested will go down, what will you do at that point?

If you decide to keep holding because you want 50% profits then it is possible you will end up holding coins that are worthless, as you can see it is better to accept small losses from time to time even if we do not like it to avoid scenarios just like the one I described.

A drop to 4000 is unrealistic, that is very close to the previous bottom and as you say when we consider the halving is coming it is almost impossible the market will be so bearish, I think we could see bitcoin going towards 6000 during the next months and in the worst case scenario we could see 5000 but nothing lower than that, with that in mind if you are looking to buy bitcoin at the best possible price it could be a good idea to wait since it is almost a certainty the price will go down during the next weeks.

Two weeks ago it seemed like we were headed for an altcoins season with many altcoins going up in price and then the market went down at an impressive speed and since that day altcoins have not recovered, to me this was the last opportunity to see an altcoins season before the end of the year, now we need to wait and see if we have better luck during 2020 but I doubt it due to the the bitcoin halving that will occur during the next year most of the attention will be on bitcoin again.

And why do you think the trading volume of bitcoin will go down when Libra is such a different coin? Libra is not going to be that different from any of the stable coins that we already have in the market with the only exception that it could be more popular because it will be released by Facebook which has worldwide popularity, but Libra will never have the volatility that bitcoin has which makes it popular among investors and traders and most likely they will never have compete against each other because of their different characteristics.

Ripple has been a terrible investment for the last 4 years, while it is true that if you compare the performance of ripple against the dollar you would have gotten profits when you do the same with bitcoin you realize that you have been losing money if all of what you have been doing is holding your ripple, it could have been better to just hold your bitcoin, not only because of the greater profits but also because bitcoin is the only coin that I trust is going to be around many decades in the future.

I wonder if there will be another moment in time in which it will be a good idea to join bounty campaigns, for a few years bounty hunters had been trying to get profits by promoting new coins, but the market is not interested in those coins as we have seen during the recent recovery in which bitcoin was the coin that performed the best, which is why I think that if there are no big changes in the market of icos it is likely that it's not going to be profitable to join bounty campaigns ever again.

Do not bother, many traders are always trying to find a reason to explain why the market does what it does but there is none, it is better to just look at the markets and react to what they are doing, that way you do not waste time trying to identify things that are not out there, this may seem odd especially to those that like to use fundamentals to predict the market but it is by far the best method that I have found to make money in the markets.

Not true, regardless of your experience level you cannot make profits if the market does not move, this is the first thing that you learn as a trader, so if the market has very little movement then no one can profit from it, what expert traders do in those situations is just to stay out of the market until they see evidence this is about to change, this way they save themselves a lot of money that they can later use to trade the markets, this is very different than what the newbies do since they trade the markets despite the lack of movement, losing money they did not needed to lose.

That is key, many never consider the interest rates they need to pay when they get a loan but it can be the difference between paying the loan relatively quickly or being stuck with it for years, the rates vary wildly between countries and the type of loan you are getting but the worse by far are credit cards which can have an interest rate of 30% to 50% each year and even with the great performance of bitcoin it could be very difficult to pay the loan especially if you buy bitcoin at the top.

Which is a completely natural response don’t you think? After the crash we saw a few years ago investors are not taking any chances, if the price goes down then they immediately sell their coins and get fiat in return, while this will make the recovery of this market harder to achieve it is also more healthy for it, since it is not natural to see a crash of 85% on most coins of the market and still claim that holding your coins is a good idea.

This is yet another great piece of advice that I received many years ago, many investors care about one thing only and that is how much money they can make out of the markets and if they lose a trade they immediately begin to try to find why that happened and how they can fix it, they do not understand that is impossible to win every single trade, as long as whatever strategy you are using is profitable then you will eventually make money you just have to trust your trading process.

This is completely natural, you have two options to spend money that is losing value every day due to inflation or to spend money that you know over the long term will gain value, anyone that knows anything about investing will choose to keep the coin that will have an higher value in the future and I am sure many of us are doing the same thing, however if you really need to use your bitcoin then you need to use it, something the OP is completely against.

It will not be that easy, how many people around the world lose their information to hackers every day? And while losing money out of your bank account is painful you could always recover your money with the help of the banks but when it comes to cryptocurrencies once your coins leave your wallet there is nothing you can do to recover them, so if cryptocurrencies become mainstream you can be sure that many coins will be lost and banks will see the opportunity and will take it.

You are the one that needs to take that decision since you are the one that will have to live with it, but ethereum is without a doubt one of the best altcoins you can buy and if you feel that no matter what happens you can hold your ethereum for a few years then this could be one of the best investments that you could make in your life, but if you are someone that gets scared easily as soon as the price begins to go down then it could be a good moment to wait for the price of ethereum to go down.

Your question is a little bit confusing I do not know if you are asking what it is the best possible price you can get for bitcoin, or if you are trying to guess what it is the best entry point to buy bitcoin, if it is the first then most exchanges will give you a very similar price and there is not a huge difference between them, but if it is the second then it could be a good idea to wait since there is a possibility that the price of bitcoin will continue to go down for some time.