I still take a look at the good old social media too.
I mean yes telegram made its way into it but you can't go wrong with checking the activity of a coins followers. Followers of a coin makes more sense for calculating than the coin itself.

I check twitter, instagram, facebook, reddit, telegram and basically a lot of topics about them here. If the developers are too active compared to the followers than it means there is some chance of it being not so well. If the followers are fanatic and write many stuff everywhere and plenty of activity than it means the coin has a chance of success.

The best one I heard was this guy who spent about 100$ each month. He gave an order to withdraw 100$ from his credit card on some exchange I forgot which one. That way he put up 100 a month and after certain time he had way more than he invested for it. He didn't cared what the price was, he didn't traded buy-low he just purchased it no matter what.

When bitcoin hit its peak in December he kept investing and when it dropped he kept investing. He was up incredible amounts last time I checked, definitely a great strategy to invest.

The real usage was to be a P2P currency without a third party and based on demand for it, as long as you are pleased with the value you are getting it from me, then so be it. Nevertheless, I feel we are asking for too much at this stage.

We are in the pre growth phase as far as I am concerned, and you really would not expect everyone to just see bitcoin as a currency when indeed a lot of people are busy looking for ways to get rich which is why we have weak hands in the market and until when we have a cap with those who believe in the real value making use of it, then there is no way we would not keep having that.

And the chances that when we get to see the world economy crumbling, people will tend to see bitcoin as a safe haven eventually is high which explains what is going on in Zimbabwe and Venezuela. The potential is huge and the fact that it is decentralized makes it even more enticing.

Yeah, I would not say it is going to be replacing fiat as governments would not allow that, but at least, for those who are smart enough, they will understand how bitcoin is really going to be helping in a huge way.

The thing here is we keep calling certain amount. I am sure some people may not even afford to invest $100, let alone $10000. Anyone investing such an amount of money should definitely have a lot of spare money or must be at least very much bucked up to be able to invest such.

I would not expect someone to even think of borrowing a loan like the OP mentioned to invest such an amount. It may pay off nice, but it is a lot of huge risk to take considering the state of the market. The most important thing is to never go above what you cannot afford. That should always be the first rule!

It is good to actually see the altcoins bouncing really well these days and that is really a good thing for the crypto world.
At least, from the way things are now it seems the green days are actually beginning to turn up gradually as we start seeing some little bit of break out for some of the alts.

I hope this is going to last and if we can get to see bitcoin consolidate for a while, that would really be a good one for the alts as we will start getting to see some pretty good pumps in a short period of time.

Sorry mate, shit happens and we have all been there before one way or the other.
I remembered when similar incident happened with Confido with the dev dropping a note of being pursued by the government and how is going to be on the run for the mean time or simply forever, which leaves all the investors screwed bag holding the token, a lot of us really expected so much from it as well.

The thing is that sometimes, things like this may be hard to spot, but since a lot of people have been saying they got hacked, let's just hope it ends up being that.

In response to what Olivian said, taxation is not going to affect anything and it is not like this is not already going on in some places. People will only end up adapting to how the system changes with regulation but that does not change exactly the value that makes the idea of cryptocurrency tick in the first place. As long as we keep transacting, exchanges are in place and people still see the need to use cryptocurrency, we are only going to be moving higher. Taxation could be avoided when people start transacting within them. Yes, for p2p transaction will give the actual meaning of innovation of bitcoin like cryptos.

Yeah, it is really about large scale adoption and once we have some particular interest joining the world without being limited by religion, government or anything, I feel that should really be a good one for the community. I am not even particular about what could have caused the pump as no one really knows, but the news in itself is actually not a bad one and can bring some positive vibe as well for more demand.

It may actually be a good driver considering some speculators or traders may think that should cause some new set of investors into investing in the market which we can call new money. I really do not want to believe this would really have caused that huge impact which seems to have been stopped right now in the $8300 region. It is not what caused this that we should be focused on now, it is the way forward. Can this be maintained or was it just a quick pump that sends us back down soon?

Reason is  because most of us that are into this business are very selfish and greedy. Well, who wants to make loss even if it’s just a $1? Nobody does. But we all should learn to do things in a way that it will favor the community and help us to go further than falling back. Yes we all wanted just $1000 and we did got it. I  can even remember that we once wanted just $500, and we got it before proceeding to $1000.  When we got to the rate of $1000 there are people who happened to invest at that price rate and they also wanted the price to go up, especially those whales who are used to manipulating the marketing and stealing away huge amounts of money. There is no way you can stop it, it either falls or rise.

Well, we can say that cash itself is gradually becoming extinct but not to a large extent yet. Also, in some places where there may really be some limitation to technology and internet, having a cashless society is really going to be hard. I believe the developed worlds are going to always be the ones to always get this in play first, looking at the way most places in the developed world are already going cashless and most of the people who are vast with the internet hardly carry cash around. With digital currencies evolving more and more, I am sure it would even get better.

I have never even liked bots most of the time. The only thing that makes bot different from humans is just that they only do what they are programmed to do without any discretion or emotions, and they can keep running 247 nonstop since this is a market that does not sleep.

Nevertheless, any human who is knowledgeable to trade the market will always do it better and that is what I believe. There are articles online to always help, people are always just lazy to learn and for anyone who is lazy to learn, it is just better to hold than trying to gamble their position in the market.

One thing with most people in trading is mainly because they never learned to even know the right time to buy, let alone when to even sell and they end up getting to emotionally greedy either waiting for the best moment, either lower to buy more or higher to sell and all they do is gamble their position in the market. The first state is never to get greedy.

It is always better to make those few profits than to be waiting for a big one and then end up losing everything and entering loss at the end of the day. As long as you get the signals to sell, or there is an overbought market to the extreme, just sell.

It made you extremely weak because you ended up deceiving yourself into the idea you are going to get lucky with your gambling and rather hit it big than you owning up to your action and accepting that the path you are about to take, is actually the path that most of the time, you are going to be losing a whole lot.

It is normal to always that kind of feelings when you are looking for so much from gambling and you should be lucky you are beginning to realize that now before it ends up too late.

Gambling should never even be considered as a source of income. Do that and you set yourself into some deep shit for life which is always so sticky and hard to get out from. (Sorry for using the words that way but that is how I see addiction). Releasing stress is something you really cannot get except maybe you are able to fixate your mind to the idea of just gambling for fun with the little you have while knowing you can lose everything and still going ahead anyway without overshooting your budget, but anything outside that is trouble.

What is anyone even researching in gambling ? This is not trading, investment or business that you will need to do some feasibility studies on, they call it gambling because it is just a game of luck and nothing else.

A lot of people just keep reading huge meanings into gambling and this is the main reason they always end up getting screwed before they could even know it. As long as you understand that gambling is just a game which you can lose a lot of money, they you will understand that there is really nothing attached to it, and maybe you can be classified not actually as a good gambler but a reasonable gambler.

Obviously it was worth seeing some move in the market and that move really generated a lot of questions anyway as to what could have happened which could have caused such a pump as huge as that. I am not expecting a whole lot though, considering how the market has been behaving in the past, but I am still very optimistic about a very strong market and bullish in the long term.

Yes, every big things are happening from very little thing. We can be sure about seeing $20k levels within this year itself. There will be no need of any big thing to happen for that but just new investors alone will be capable of making that possible in coming months. For that, this recovery could be a seed.

Few weeks ago, we had the price of bitcoin below $7k and it still amuses me when people ask when to buy like someone can really see the future to know what is going to be happening next. If anyone needs to know when to buy, maybe they should go join the whales club or something, since they have an upper hand in the market, and they control the situation of things, so in that case, they can easily know when to buy, but asking us is more like trying to ask us to play the guess game. Just buy whenever you can as long as you understand what you are getting into.

There is never a wrong time for an investor who knew exactly where he invested into and actually decided to invest long. Everyone investor should have been able to understand before investing and to have known how volatile the market is and that would have helped them to inform their decision and not get greedy while making such a decision. However, it is what it is, and everyone have a part to play in every market.

Timing may be seeing wrong as of now but definitely not for ever. I mean things will change over the course of time and bitcoin prices may reach to million dollar levels too. But how much you have invested and how many bitcoins you have is the final thing which will be deciding your level of richness.

It is the market and for those who already understand the way this market works, you will obviously know that most times the market always move back in the same format with bitcoin. The time to always watch closely at alts is whenever there is a long consolidation going on with bitcoin.

In the cases of bull run, you should always expect the alts to bleed most of this period, but it is market, and we cannot always use history to judge, but one way or the other, it has always repeated itself. In some sense that fall of bitcoin prices from its peak levels is good to make new investors to get on board.

Yes, those who were neglecting bitcoin due to huge price levels like $15k or $20k still have understood the potential of bitcoins, must have made use of this fall as they got chances to buy more bitcoins for 1/3 cheaper prices. Same thing happened after $hitting $1200 levels in 2013. So, fluctuations gives another chances for new investors.