In fact, I would say, good for you more than even the both of them. I must tell you that anyone who realized what you did and was able to get out of it quickly should be applauded as that is not an easy thing to do as far as I do concern what I have done with my gambling so far.

One mistake people have made is to look for something positive from gambling and forgetting that it is all about luck and they find it hard to get out of that thought until they have ended up losing everything and even turned totally to an addict to even borrow to gamble, and that is how they end up messed up entirely.

A whole lot apart. The fact here is that investment when done well, you can at least expect a very good return from it and even though you do not know the future, you can try to manage the risk and make sure it works well in your favor.

But for gambling entirely, it is a whole ball game entirely as everything is based on luck and no matter how you try to play safe, you can never be safe after all. Also, the idea people always have with gambling and expecting so much from it is always surprising.

Confidence of winning based on positive thinking is actually the last thing anyone want to do and if they want to go ahead, they may need to go ahead to join some support groups to see how that mentality has landed some people there and trying to find a way to get out of it.

It is one mentality that a lot of people had and at the end of the day, they have become so addicted while trying to win from gambling, keep trying and hoping to win and until they lose everything and all they have left is for them trying to recover with still their positive thinking.

I feel if some of us who are already made or at least have some few stuffs going for us, can at least start from somewhere. I have always loved to lay note on the importance of giving back to the society and not just getting rich from your holding and living a large life. Sure, we may owe no one anything, but at least, it is always a good thing to help those who are really in dire need even if the governments would not.

Yeah, the wealth amassed from bitcoin can be used. The OP stated how bitcoin can help, but the fact remains that, bitcoin can only be a tool for some of us who are early adopters to get wealthy from being an asset asides being a currency, and from here, we can all try our best to put some few things together as philanthropists in our own community to give some of these kids the best in education.

You should not be asking people such a question. You only have to options in surviving in this market, and that is either for you to be a long term investor or to be a trader and if you want to trade, you should go and learn when to buy and when to sell to be able to help you make a good decision than asking people what to do because with that, you are only going to end up screwed. No one knows the future, or what happens next with Ethereum, and no one will be there to tell you when things end up changing and you are left hanging or joining FOMO.

But I do believe knowledge is one important factor which most new investors especially those who are just after the quick profit are not really trying to have but would rather just stay on their own level of ignorance and get emotional at every slight movement in the market.

Knowledge helps a whole lot when it comes to decision making and that is how it should be. Without that, you would just find yourself making some disgusting mistake with your trading options. We need to deal with multiple factors at different situations hence knowing what and when must be more important for hitting the desired targets.

Knowledge also includes experience. You can learn from books also from your experience. But continuous learning must be one of the factor which decides our trading results. Backtracking our mistakes and root cause analysis are the few strategies which help us to learn from our day today experiences.

Yes, this is a method at which one can make more money than at least just holding and the main idea is to make as much as you can from the fluctuation of the market and I have no idea how that can even play out in attributing to emotional satisfaction.

If I want emotional satisfaction, I would rather go get a girl or probably hit the aisle or do things that would give me the emotional satisfaction such as fun and more fun, but we have to work for it to be able to achieve all of that and trading is a way or job to hit such. In my opinion, our trading should be emotional-sentiment-free in all means so that we can execute our plans as we wish.

Well, let's see it this way. A bubble is something with no utmost value except for it just being something speculative. For most part of cryptocurrency, we may say it is a bubble, most especially with what we saw last year with a lot of people getting greedy, but when looking at the long term of it, it is not a bubble.

As long as there is a reason for demand, then we are good, and as long as there is absolutely no reason for demand except for people getting greedy, then that is when we have a problem, which absolutely leads to a huge correction like what we are having presently, but it is generally not a bubble in the literal sense.

Always fluctuating up and down but in recent times downs are dominating that is the big problem now. Yesterday it seemed ups were into action but today again there is a change in trend. I do not know how long we are going to experience such mixed way of markets and like most people here I am also in fond of seeing continuous green.

Moreover up and down is something that we can never avoid. It has been this way for a while and it will keep being that way and the volatility is just part of its characteristics, but we cannot now say because of that all hope is lost already. Even if we keep going down now, it does not mean we will keep going down forever. I really do not see any reason to panic anyway, until there is a reason to panic.

It is usually like the past trend repeating itself over and over again. I remember sometimes last year when some people had the opportunity to even get in at $1000 were clamoring on how bitcoin would have a failed rally and drop to $100 and so on. I guess they are where they are today while waiting for that value to come and some of them actually would not want to come out to say how huge a mistake they have made. It is the way the market is, some will use their own hands to screw themselves and then blaming the market for their mistakes.

A pretty much early stage and we have not even got anywhere at all. With the developments going on, and with the way things are changing pretty fast, once we start hitting the mainstream level of adoption, then we will start seeing some huge level of growth. No one however can know the exact peak of bitcoin but we definitely know as well that this is not the peak, and we still have a long room for growth.

Time is probably  having answers for the mysteries. But, basic curiosity of human will never settle down and that is the reason we want to know what would happen again in this year and almost all the people here want to secure their future by knowing them well in advance.

I second with the cointelegraph having an interview with the guy lol. It is just very absurd for anyone to think price will just keep going down based on how it has been going down, as in like seriously ? We could have just assumed that as well when the bull rally was on and most people were assuming the next move from $19800. Just like you have said, assuming for the market is like trying to play the soothsayer role, but it is never done.

As per OP, I guess we can just assume we will keep going down until it reaches zero right ? No way! This is market, trend can change anytime, we may go lower or we can just switch anytime and start switching up. Still, the main thing here is that no one knows the future and we are just all here trying to see how things eventually turn out. OP cannot just basically judge on past figures.

Yeah, and I do not expect anyone to even review abilities if they have not even bothered to learn how to trade, read some trading books or strategies to trade effectively, because that totally shows extreme lack of skills and rather than reviewing abilities, it is better to get going with studying hard and well before even thinking of venturing into trading.

Emotion in trading is one thing that cannot be controlled in as much as you do not have any trading knowledge. Emotion control can only be achievable if you have a good idea of what you are doing. You cannot expect to be able to control your emotions when all you do as a trader is to gamble your positions which I believe a lot of people are always doing. It is one thing to gain some experience which you have built from learning and it is another thing to want to gain experience on your own without learning which is where a lot of people always miss it.

This is not even about judging nor identifying scam presently, the truth is that presently I would say the whole market has been seriously affected with the way things have been generally and it is affecting everything. If this happens like this, I think the best thing is to just get more once the price goes down lower than the ICO price, as one way or the other you will still be winning a lot from the whole thing anyway in the long run.

I mean there should be some regulations at least in this forum level so that people and their contribution may remain secured. Some study finds out only 8% of ICOs keep their word and projects and others are leaving of their project in the middle for various reasons which may be including intentional drop-out too.

A really well explained one indeed. I have seen a lot of people complain on how to make money but they are always in their comfort zones and not even ready to make any research to be able to get an upper hand. Complaining about not having money will not bring the money, it is always necessary to work towards it and there are so many ways that even cryptocurrency has been able to bring to the community for those who are ready and willing to utilize it to their own benefit.

I feel the most important thing is never to stay idle as long as you want to make money. Like they always say, there is absolutely no food for a lazy man and if you are lazy, then you should have yourself to blame. Even though your post encouraged a little bit of shitposting, but I actually understand what you were trying to drive at. In the huge sense of it all, you really made some pretty good points for those who are busy thinking of what to do to change their financial situations.

It depends on the level of up we are talking about with bitcoin, most of the time if bitcoin starts gaining huge dominance from bull run, most of the altcoins are always hitting the block and hiding in their caves, I always see it more like transfer of money into bitcoin as the traders are looking for ways to make profit from the bull run. Just the mentality anyway based on what I have seen. However, we already know right from time that the lesser bitcoin goes, it affects altcoins greatly.

As far as I have been trading cryptocurrency, which is always the reality of the way things are in this market. The only time most altcoins do very well is whenever bitcoin is consolidating, and then you see them mooning like no man's business, and once bull run starts for bitcoin or a bear rally starts, you see most of them dropping pretty fast. I guess the traders are just playing it out for profit at least that is the way I see it.

Probably he heard it from somewhere and then decided to spread the FUD  . He is half way right though, because at the point we are going to be having a huge panic selling in the market, but I do not think it would get to that $3k stage at all as we still have a supporting trend around $4000 range that could hold it back.

$5800 was the last low this year, and breaking that support which is expected to give us a bounce back would absolutely cause a huge drop, but I do not see any reason for anyone to be worried anyway, we are getting close to recovery gradually.

Gold also poses great risks if you consider the people who have invested since 2013 into gold, probably never got any returns but  in that same periods bitcoin must have produced some 1500% of returns. Now say, are you ready to take risk or want to go with traditional options ?

I personally do not think altcoins are threat, they are altcoins and that is what they are always going to be, bitcoin is not going to remain stagnant in development and I am sure would keep progressing. Altcoins on the other hand would be more useful for investments while some of them who are claiming to be stronger than bitcoin without any serious usage or product will only end up useless. Let's wait and see.

The idea behind decentralization itself and what brought about bitcoin is enough as an encouragement for anyone.
This is what has made a lot of old investors still in the game even when so many people declared bitcoin dead several times.

Whatever is happening now is bound to happen and will still happen in the future, but the truth is when you check bitcoin and even some other altcoins, even despite the fact that they are low today, those who have been holding since the beginning are still in profit. Patience is all that is just needed.

Oh please... What impact are you even talking about ? The fact remains that Facebook banning cryptocurrency advert does not bring any issue at all and will never even bring any failure to the ICO space. Do you even have any idea of what you are saying at all ?

Facebook right now can only allow you if you can prove your company or ICO to be legal, so how is that supposed to be a problem but a solution to the whole scam that has been going on in the system ? This is the same path Google and other media platforms are already threading.