I know that most of us here don’t really consider bitcoin to serve as a main job for anyone due to how it works, but to me, it’s like a main job, though I didn’t quit my main job for it. I do Bitcoin and I also work on my main job in an office.

I don’t have to carry my computer around, I have my mobile device with and I can use it to do a lot of things right there in my office without anyone noticing what I’m doing at the moment. It has also been very helpful, cause I’m earning more than I do in my office job, and  don’t even mind losing my office job for it.

That would actually make sense. The thing with making quick decisions is to have a strategy and make decisions based on those strategies. There is one thing with trading, which is knowing what to expect once there is a particular reaction in the market and trading on that and those fast decisions are what make most traders to make some pretty good profit. For instance, trading a breakout is one which most people would not know how to do that unless they know a little about technical analysis and the response to the market on a particular breakout.

Greed and emotion will always be a huge situation for any trader and it usually happens most of the time to traders who are totally ignorant of what they are doing.

I remembered when I started trading without the knowledge, I was absolutely in that shoe, but when I decided to take the bull by the horn, take trading serious as a profession and learned a lot, I tend to be better as I keep making confident and better calls not just playing with the market like one is gambling which is basically what most traders in this market do.

Whales are market makers and they are far from the main day traders. Day traders look for pattern in the market in that short period and try to trade to the reaction at that period in time. Whales usually making market movements and within those movements day traders make their trades.

As far as I am concerned, even if there is luck at all, it is just a little bit like you have said, but the rest is based on skills and knowledge of the trader as you have to be focused on the monitor and always know what to expect at certain point in time which anyone obviously will not be able to do without skills.

Yes, and this kind of stuffs happens to most markets once in a while.
The thing here is that every coin always has a specific time they pump in the long term and the way the market always responds after the pump, so it is indeed a normal thing to always target those periods. For those who are watching their folio and panicking when the price is going lower is absurd. Checking your portfolio main reason is to take advantage of the peak if you want to at least do some long term trading.

An innovative society will be a seed of change for rest of the world. Even crypto banned country people also may make cashless society when they do prefer P2P mode of transactions. This would will definitely adopt cryptos as there is no other better technology is avaible to them as of now.

I like the word pushing us further. It is not like the cashless society is not already in place in most countries, and it is apparent that you can easily make transactions locally without having to carry cash around these days. The ushering in of the digital currencies will even make this faster as we get to see more people adopting digital currencies as it helps in making transactions easily, not just locally but globally without stress.

World always move toward betterment the progress may be slow but it will happen for sure. Fiats may exist in a cashless society but as a collectible:P

I saw some people discussing about a site they call CryptoHome, and I checked it out. It seems to be kinda legit, though  haven’t seen anyone that actually bought a home from the site. There are just a few lists of houses on the site, and some of them are worth more than a million, and they are all beautiful. You might want to check out the site yourself, the link is https://www.cryptohome.us/inventory

By the way, there are other sites out there that have been in the business for a long time and have proven that they are trustworthy. So you may like to make some research to find them.

What are you changing to another currency ? It seems you do not understand the idea of deflation or what the Op was really asking. Once we reach the 21million supply, that is what is going to be in circulation, but we also have to consider the lost ones, so we should expect to see less in circulation. However, once all the bitcoin has been mined, we will get to see value playing out for bitcoin and this would depend on real usage as currency. However, in the real sense, nothing happens.

Yeah, it already is.
If I had kept all my fiats in the bank and did not buy the little I bought in bitcoin past few years, I am sure it would have just remained the same and would have ended up spending it anyway. Bitcoin has been a store of value irrespective of its volatility and in the long term it surely shows a great prospect as store of value than we probably would not even think of or imagine.

I totally expect bitcoin to keep increasing in demand as we move on, and with that, we know the value will keep pushing up.

If anyone is coming into the cryptospace at the moment, it has always been because they heard one thing or the other about bitcoin and that is the way it has always been. At least, I can say for myself personally, until I kind of got diverted a little bit to the idea at large and then started investing in some altcoins with a solid project. However, bitcoin is more established, it is the first and remains in the center and top of it all, and that is always going to always get the attention and trust of any new investor who is considering venturing into the cryptocurrency world.

This is just the same exact incidence that is happening in Zimbabwe and it is good because it is obvious that the real life usage of bitcoin as a currency is actually going to be helping a whole lot of things and most especially could help make the countries that have experienced a high level of inflation and dead economy to in a way revive their economy. However, we know corruption made these systems this way, and the citizens finding freedom from the problem their own government has placed them makes it awesome.

It is good to know that citizens from these countries where there has been huge inflation with an extremely dead fiat system are beginning to find solace in the usage of bitcoin. That reminds me of how Zimbabwe has really been using bitcoin a lot for transaction purposes than one can imagine which has made the value to shoot higher than normal in this place than other places globally. It is a good thing to know bitcoin is really making huge impact.

Yeah, it is simply more like restricted to individual usage but in a way if it is adopted on a large scale, in this case, let me just say country as global economy is pretty large, then I would say it can have an effect. Let's take a look at Zimbabwe where everything has been turned upside down due to corruption, the currency became a joke and it got to the point the citizens are just trapped within their own system.

Although, bitcoin came to save the world for them, and this is the main reason why the adoption here is growing hugely and people get to use it in real life, most especially for international transaction which has made the demand shoot up the price even more than the global market.

The wallet they must be talking about here is the centralized wallet since that is the only category of wallet that they can issue their regulation on and this at the end of the day with exchanges being the main target. So, whoever may be planning to buy bitcoin via exchanges with fiat must have to go through KYC process as with this, anyone that is bringing in unaccounted funds would have to explain where that came from. It is not something we can hide away from, as it is expected that somehow this would end up happening anyway.

The stuffs stolen by hackers is always as a result of the carelessness of those holding them. Bitcoin itself is immune from hacking, at least for now, and even when we start having quantum computers, I am sure by then, the protocol would have been rebuilt to become anti-quantum.

Nevertheless, the only way people can get their assets in the hands of the hackers is by getting their wallets vulnerable in which case you either carelessly let them have access to your online wallet login details, or they one way or the other end up having access to your private keys.

That is what anyone should be thinking and considering right now. The market is gradually giving signs and calling the bull to come take over, but it takes time and this time when we have some little bit of signals like this, even though nothing is sure until we really see much movement and some bouncing back from support, but at least, for the future and considering the previous ATH, this is a good value to be getting on board and I hope the enthusiasts are already taking this step.

I feel people are getting greedy too much and as long as that is in play, we will always see some huge price fluctuations in the market. I am happy with the state of the market personally, the serene, the peace, the transactions, the idea of accumulating for the future and so many more. Nevertheless, it seems a lot of people are really looking forward to see another bull rally so quick.

Yeah, and it is funny that even despite all the information online on how volatile bitcoin is, you will still hear some people taking loan to invest in bitcoin or getting greedy somehow. The thing here is that we cannot compel people to hold or not to, as everyone will at the end, get what they deserve.

After all, it is just painful to see people always taking the wrong turn when they just have the wrong mindset to everything and this is the main reason why you see some people making it more and the other making it less, simply because the latter always dance to the tunes of their emotions every time.

You guys should stop deceiving yourselves, and no one can know anything. The thing here is that you cannot expect a bull run every year, and we will be lucky even if we get to hit the previous ATH.

Once a market has been hugely dumped, it always take some time for accumulation before we even start seeing any major uptrend. The good thing however is that it would come, but when is what no one can know. Anyone who is looking for moon this year though is absolutely expecting so much.

It is funny this was posted in October and we kind of still see the same cycle repeating. There is no reason to lose hope however, as all these are just part of the market moves and there is nothing we can do about it.

Yeah, it can be annoying a little bit when you see how the market is driven to some extent as the whales just keep profiting a lot from it, but as it seems they are always after the weak hands anyway and if we do not have weak hands in the market, all these would not actually be the case. So in one word, blame the weak hands.

Governments, always looking for ways to suck their citizens pocket dry. How can you be telling me to invest my money on gold and silver, what benefits are my going to get by investing my money into gold and silver ?

Yes, they are good, but you can’t use them to compare to what you will able to accomplish with the help of Bitcoin and other cryptocurrencies. Anyone that doesn’t succeed with Bitcoin can hardly succeed with Gold and Silver, and I’m serious when I say that, cause those things ain’t leading you to no where. Let them hold their gold and silver and let us choose what you need. They are not the ones to tells.

Sometimes, I always wonder if these so called professors decided to limit their level of knowledge for a reason or they have just decided to leave their brains in the library most of the time when they are about to utter stuffs like this. Sure, what we had last year was a bubble but that does not make bitcoin in itself a bubble.

It has real life value and that should be based on real demand, not just because some people are looking for ways to get rich overnight. If we are referring to psychology here, human's greed should be what he should go pay attention to rather than uttering nonsense.