Don't buy at peak and don't buy while it is going down are different things. If you bought at 60k, that is not ideal and that is of course not a good price to buy when you look at it now, although many people said the same thing at 30k as well so I can't say it was a bad decision at the time neither, but if you bought at 45k when it dropped from 60k that is a good one, that is not a bad situation and I think it is really a good idea to buy when it dropped over 25% drop.

Many people that got in during 2017 learned that a drop doesn't mean a bad thing, it means a good thing will about to happen and you have a discounted bitcoin price right now and you could get more money eventually from it. I have been around even before the 2014 increase so I can tell you that all decreases are followed by a big increase and that is why I think it should be very easy for you to get in when it is going down and waiting for the price to go up.

That is the thing about this period that people do not realize and they do not think about the future enough. Bitcoin and altcoins could drop a lot, or maybe it will not drop who knows but even if it drops that is not a problem. You know why? Because the reality is that they could drop but just because it drops doesn't mean that it will keep dropping more and more and more, it means that eventually it will increase a lot and when it increases a lot you will be upset that you are not in it. So, what do I do?

I end up buying as much as I can afford, and up until it keeps going up, I will end up buying more and more, the more money I get the more money I end up spending on crypto, I have a decent portfolio right now and thanks to the huge increase recently I am still profit and even if it drops to level where I am not in profit anymore I will not be stopping.

I believe those are the ones we should care about when it comes to long term as well, because we are talking about long term here and that is very important. Sure in the short term, under 1 year, we could go for anything we want, there is really nothing to really pick and choose, because it is definitely something there are many that is great that way, but that is of course all depending on our research, you could make 10x that way if you are lucky but you could lose all your money that way as well so it is a high risk high reward situation.

But when it comes down to those top ones, they are very very very rarely go down which means you may not make x10 (you can if you are lucky, bitcoin made 10x since last march) but you will at least make money for sure without doubt, and that is what I believe will happen as on those top ones and you can hold them for over a decade.

Unfortunately we are in a situation where ETH will not recover all by itself, people do have a "free market" situation where as long as you keep paying tons of money for transactions, you will keep increasing the price as well, and people are idiots who accept paying more than needed instead of waiting so the price keeps going higher and higher, or there are rich people who do not care about whats going on as well.

It means in the end we are living in a free world where people are free to spend 200$ on transactions if they want to, and that is not going to solve the problem, they are not going to just suddenly say "if we all stop for a while, the price will drop again" and this is why someone else has to take control of this. That is where eip 1559 comes into play and by this July it will be cheaper again and ETH will be just few dollars to move money around.

Yeah that has been the case for few coins nowadays, back in the day it was only bitcoin that was hard to handle, you couldn't buy a whole bitcoin, but nowadays there are a lot of people who fail to get ethereum neither, or even maybe binance, after all it is not simple to get that type of return.

Long story short all I am saying is that people could buy in fractions, when I first started in crypto I have collected those fractions to reach my first bitcoin, you can't have 1 bitcoin without first having 0.5 bitcoin (unless you are rich of course) and by that logic you need 0.25 to reach to 0.5 as well. Think of it as savings, have a goal to have 1000 satoshi per day and that seems more possible, and if you can do that you could reach 1 bitcoin in no time. Plus investing what you have into other things to grow them faster than bitcoin can go up could help too.

All those nations actually pay a "tax" of sorts to IMF in order to get that debt when they need it. Not like IMF is filled with some rich people or it is not like it is just a bank you and I can go open a bank account and get a line of credit or something, IMF is built differently where nations put some money in there whenever they have to actually need it back and that is why whenever you are in trouble you ask for money as government.

The reality is that if you are a bad nation with no democracy and a dictatorship and no good economical future potential even if you pay them they may decline to give you a loan but that is a very high end situation since those nations can get money, it shouldn't' t be "debt" since they paid for it anyway.

Nigerian money is not a legitimate money to me. Here I said this, does that make nigerian money worthless? Does it make it zero? It doesn't, whatever I say about nigerian money (no idea what it is called) doesn't change the fact that a whole nation uses it and will keep on using it and me saying it is worthless will not make anything, if I call it illegitimate that doesn't change anything for them.

Same goes for the central bank governor of nigeria as well, he could call bitcoin whatever he wants and that will change absolutely nothing. It will not change anything for people outside of nigeria of course, because we do not care about this dude at all, it is as if anyone else said it, it is literally same as some citizen of nigeria said it, it has the same weight, to us any regular person and governor of central bank have the same worth, and even in nigeria people will still use it.

Well the thing is when you are handling so many things all at once, you may only come here to write some stuff like announcements and then leave, this is not contact support place and should not be used that way, if nobody replies to you on bitcointalk that is expected because that is what you should be the normal thing.

However if you are not getting any response from direct support line, that is a bigger issue, in support line you talk with a staff and you can't talk about like "we have a website about bitcoin casinos and we would like to get a sponsorship and a great promotion for our viewers" on support, that is bigger and you would be capable of reaching that person if you were really big enough, but if you have regular gambling problem support is always there.

I feel like you were a bit sad and upset to see multi master go, and I get it we are losing a game and a gambler myself I would feel like I have lost something as well of course but at the same we gamblers feeling fine because it is sportsbet.io and you are steve, hell you probably gamble more than I do lol so we are not really worried do not be afraid if multimaster is gone today there will be something even better in the future so we are feeling totally fine about whats going on and not really caring about one game being gone.

Of course I am sad to see multi master ending, I usually gamble multi as well so that was really something I really loved as well but not like we are going to overreact about it neither. Feel comfortable about the customers we are not worried I just wanted you to know that.

People do not see those support lines, they just see price going down and they think they should all go out right away, I have seen people sell literally right at the support line, by logic if the price is at the support line, put it a bit under that level for stop loss and if it breaks under it, you will get out and price will freefall to next support line, but if it doesn't break under it, at least you won't be selling at the bottom, that is the worst thing you can do, there are people who sold at 45k for example, why would you do that, it bounced right back up after that.

Long story short people have no idea how to use indicators and do not know what to look at, it would be impossible to lose money this easily if people knew where to look at, even the most veterans lose money but they do not lose money this way, they definitely see these easily.

I would add telegram groups to this as well, not the pump and dump or signal groups but the proper discussion groups, especially in your own language as well, I am part of one of them and became an admin there thanks to participating too much and eventually I have reached to a level where things are definitely looking better, I am not really considering that telegram group as the only reason I made money but they have found a lot of gems for the past few years and I have invested in some of them and didn't invested in some, but most of the time they did made money there, of course it is all depending on how long you are willing to wait for profit as well but it is just simple if you have friends you talk to everyday and argue about why something is good or something is bad, if you do that for a long enough time, you could make a decent return together and it really works.

It doesn't have to be at the end of the year all the time, for example in 2019 the peak was in April I think, it moved from 3.5k or so levels to 14k levels sometime in spring and dropped all the way down to 7k by the start of 2020 which means the peak of 2019 was in spring.

Maybe we will recover from this price, alts will rally and the prices of all coins will do 3x during this spring and will drop 50% by the end of the year, that would still make them all higher compared to what it was at the start of this year, probably over double of what it was during 2021 first day, but it could still have a 50% drop by the end of the year, that is what happened in 2019 and it could be what happens in 2021 as well. I am not saying that will be what happens, however the idea that "price always goes up the most during last days" is definitely not true for most years.

What is a major altcoin could be something to discuss. For example at some period XRP was a huge one, and it is still in top 10 if I am not wrong, but that doesn't change the fact that bitcoin moved nearly 10x in the past year, ethereum did something similar, BNB did even bigger, while XRP did maybe 2x at best. Look at BCH, it was fourth biggest one at some point, now so low, BSV was actually a top 10 huge coin as well, now down a lot as well.

Just because some coins went up doesn't mean it is good, when others do 10x another coin going 2x is actually bad. So long story short being major altcoin is disputable, some coins are major now and may not be major later on, whereas some coins who are not major at all, could become major soon. Which is why people are not saying holding for a long time on a major coin is not the way, that is the correct way, but which ones are the major ones?

Honestly BNB is still above 200 dollars, at around 220 dollars right now but even under 200 that is fine, why? Because price of BNB came from 30 dollars to 300 dollars, that is a 10x increase, with just a 50% pull back you are making it more like 7x increase which is not bad at all, that is still a quite great one.

I feel like the best way to approach crypto right now would be to hold whatever you have and not buy if you do not hold any. That means if you have some, and sell right now, in case if this is a correction and price goes up you are going to lose a lot and that is not ideal, and if it is actually a crash and start of a huge bear run, you could always buy more and drop the average in the future anyway so that is a great deal. But if you are not in, there is no reason to get in right now, while it is so volatile, just wait for it to make a bigger move and stay there for a while before you decide.

I have a friend who took out a loan to buy some more just today, and he said that he was looking to sell his car to change it to something better recently, if he can actually end up selling his car he will put that in as well if the drop continues. You know why?

We are under 50k right now, and that is fine we could even drop some more, those are not really huge changes, we dropped to price we were just a week or ten days ago that is nothing, but let's assume it is a crash, he said that he knows bitcoin will be over 50k again, and I know that too, if I had more money I would definitely go into bitcoin as well right now, because I know the price of bitcoin will be 100k+ at least, maybe it will be this year, maybe it will be in 5 years but it will reach there so there is no other investment that could make me profit like this anywhere in the world.

Unfortunately that type of thing happened a few times and because of that everyone now expects something like that to happen again and again, and specifically on the projects they spend time on as well which is why there are so many bounty hunters. I am not saying it won't happen, because like you said it is all based on luck, but since people do not realize what type of luck we are talking about and why it should be very rare, they just assume if they go into every airdrop they can find, eventually one of them will make them super rich.

I wish things were that simple, I have dealt with airdrops for a very long time and I can tell you that most of them worth absolutely nothing, more commonly projects that does pre-sale do not even go back to pre-sale prices neither, they drop too, which means there are not that many coins that make people profit in the first month, only a very few of them does that.

I can't say the exact numbers because I would like to keep that a secret for safety reasons (not like I have too much neither just a few thousand) I have to say the greatest return on my investment was bitcoin nevertheless. I know it sounds like people made a lot of money from alt coins that went up so much, but most of the time look at the bitcoin prices of those coins and how that changed and you will realize that for most of them if you kept your money in bitcoin you would still made that much money anyway.

I have bitcoin, ethereum, bnb those were my three biggest investments and they all did amazingly, I had some small coins as well that did well but that was like 20-30 dollars turn into 80-100 dollars, quite good but very tiny amount. However that btc, eth, bnb returns were incredible, they made about 8x or so return for me together, and that really helped me out a lot.

I think they are going to pass ETH for sure without a doubt, there is not a single doubt in my mind that BNB will one day be second ranked coin, not because the coin itself is strong or whatever, but because it has so many reasons to be used. That is why I think it is going to definitely be used more than any other coin for things, and when you are used that much obviously that means people are buying it, not like it is going to waste, some other people take it, but in the end we are talking about speed of buying being faster than speed of spending and that is why the price will keep on increasing as long as BNB is better than other coins for these things.

There is only a small chance ETH could continue to be good, and that would be if ETH managed to make the gas fee's about 95% cheaper, and that is not an easy task to handle, that would be very difficult.

I do believe that bitcoin becomes a great topic to discuss every few years but I also believe that people who got in during these bull runs are a great thing for us since not all of them leaves neither, some of them stays, which means we continue our path with more and more people and that is why the next bull run takes us to even higher places. Forever 100 people that come here, at least 5 or 10 stays even after a huge bear crash that takes us 80%+ lower in price, they do not leave because they have seen what bitcoin can do and they are acting according to that.

This is why I think it is quite important that we just focus on what we could handle, look at 2019 and you will see that there were more transactions per day in spring 2019 than 2017 peak times, even though price didn't move beyond, which shows that we need to figure out a way to make the transactions cheaper again, this is not enough, if we want future success we need to first handle that.

I think it is not about actually selling for them, they do not have to sell their coins to show profit, these are the same companies that say "we are in 15 billion profit this quarter" while not selling any stocks neither, so I doubt they would need to sell their bitcoin position to say they are in profit.

Moreover, if I buy bitcoin at 1 dollar, and it is 50 thousand dollars, as long as I do not spend it or cash it out, it is just there as 1 bitcoin and I can't really do anything about it, it is not going to change anything for me, in order for my life to change I have to sell that and get fiat instead (or spend bitcoins). These huge places do not need that, they could show profit on accounting stats and that is good enough for them, they are not after anything else, as long as they can tell shareholders they are richer, it is more than enough for them.