Just join some bounty campaigns in here if you don't have money for now. With your skills as what you claimed, you would be able to obtain a profit even if you started with a low amount. I, myself is trading as well but I am just starting and learning every day. I did not invest money or invested fiat for my trading capital. I just earn it from bounty campaigns here and when it is enough for me, I just deposited it to an exchange and start trading. I invested my time and energy first to earn my trading capital instead of fiat money and I guess you can do it too.

There would be less volatility in bitcoin price because traders would have more choices then as base coin instead of just bitcoin, ethereum and tether. There would be more volume added to the crypto market because more people can easily buy a coin using fiat money without the need to buy bitcoin or ethereum first to trade it. I would be happy myself if it would happen because there are times when I need some fiat so not converting to bitcoin would give me more funds to convert to fiat. As bitcoin is making rapid movements, the altcoins wouldn't be that much affected anymore because it is independent of bitcoin.

Here they go again about “Criminals use anonymity to launder their illicit proceeds or finance terrorism". Using fiat is more anonymous than crypto because in crypto, transactions can be traced while using fiat which has physical existence cannot be easily traced if it is not recorded so the terrorist and people who wanted to do something illegal often use this kind of method.

They just want to use the terrorism part so that they can convince people to remove the anonymity of those people who are behind the transactions. While this will be good to prevent those who are actually using crypto for illegal means, some people would be having a hard time using cryptocurrency even though they want to use it legally because of the verification process in which case they may be lacking supporting documents.

If someone wanted to watch a show that is unavailable in his country then he would be force to use any means necessary to obtain it and most likely it would be illegal. As what the research shows, 60% of the pirates are still the one who spends the most legally because they are just force to pirate it since they have no access to it. Accessibility is the issue here so if blockchain is use then the producer of that movie/film would be paid legally.

If the movie or series is worth watching then the viewers wouldn't mind paying unless they cannot afford it. Piracy wouldn't be totally eliminated because there would always be people who would like something for free but at least it can be reduce by using blockchain. If a coin is use in paying then it would be better compared to using fiat because not everyone can have debit/credit card but any one can have coins.

I check it every day because I want to be updated with it and if possible I want to do short term trading so checking the BTC price is vital to my trading. As for the coping with stress, I just read the news and since nowadays almost all the news are positive then I am positive about the future of cryptocurrencies so my stress would be gone. Doing day trading or short term trading is stressful but if I wanted to learn then I should just bear with it so that I would improve. I just look at the positive side of things because I want to be a full time trader in the future.

If it is a house and car that is just an extra house and car for you then go for it. This might be a god opportunity to buy bitcoin and other cryptocurrencies because it may be the start of a bull market. Always remember that it is a high risk market so if possible, have risk management and if you will not be actively trading and just decide to hold then check still the price weekly and always listen to news that may have an effect to your holdings. Maybe your government decides to ban bitcoin so it will be a disadvantage for you. If you want just invest half to a non-crypto related investment vehicle and invest half in bitcoin or you can spread your portfolio to several coins.

One of the red flags when it comes to investing is the rate of return. Yes it may be possible to have that rate of return of 40% or 30% monthly but it will not be consistent because not all the time the price of the coin is moving up. If they reason out that they are trading but cannot show to the public their earnings then it would be a warning that it is a potential scam.

Sometimes you just cannot blame the one who are organizing the scam but the investors as well because it is obvious in some of this scam especially bitconnect because just a simple google search and they would know there is something fishy about it. If they just did what they are supposed to do before parting with their money then they can avoid being scammed.

Trading is just the same as gambling in the sense that both are betting money to earn some profit. In trading, most likely you have a trading plan which may last for weeks or months before you can have your desired your profits while in gambling it is viewed as a get rich quick scheme so there is a higher tendency that people will get addicted to it because of the easy way to make money.

Gambling may be viewed as enjoyable to some people while some are betting their lives on it hoping to get lucky. The problem with gambling is the instant rewards you get even though you have less effort but earn more that's why some get addicted to it. Trading may be buy and sell only but it takes a lot of time to actually be profitable with it.

Although I am happy that we at least have some freedom with all the control from the government, I agree to them on some points regarding the protection against terrorism and money laundering. Illegal transactions like this are favorable with cryptocurrencies due to anonymity but then I believe there are more people who are using it in legal way rather than the opposite and the perception against cryptocurrencies being only used in illegal means are dwindling down. If we have this regulation then it is a protection for us against those who abuse such freedom but we are losing our own freedom as well and the government may come up with plan again to take total control on us by being transparent about it.

Before trading, you should understand first how it works because there are some people who made a mistake of buying instead of selling or the other way around and it will result in a loss. If you are really determined to learn trading then there are so many sources. In youtube alone there are so many traders but if you want a comprehensive one then babypips.com is a good source of learning.

There is always a risk and if you don't have risk management then there is a higher possibility of losing instead of profiting in a trade. If you want to learn trading then it is not enough to just hold your coins. You need to move and experience it yourself so that you will have an idea as well how to control your emotion when trading.

There are too many investment schemes involving cryptocurrencies and it is just sad that many are still being victimized by those High Yield Investment Programs. It is obvious that there is something going on when the return is just too good to be true so people should already be skeptic as to why the returns are so high when in fact we are in a bear market now.

I also observed that even if the people knew that the people behind the HYIP may just run away with their money, they would still invest hoping for a return. Some even stated that it is new so they most likely would pay so they do not care about other people who would invest later on. I'm glad that the fraudsters were caught but someone would just appear again if people wouldn't change this kind of attitude.

It is an undeniable fact that banks hate cryptocurrencies that's why it is not surprising to see them making this move. In our country too, some banks close the accounts of some account holders because they can track that they are sending and receiving to a trading exchange. When the people decide to ask for them any ruling why their accounts are closed, they cannot give any and just stated that they do not the account holders to have something to do with cryptocurrencies.

If the banks keep doing this and more people use crypto then eventually, their funds would be lesser because more people would opt to just hold their money or deposit it into the bank who support cryptocurrency. It would backfire into them and if they are still firm with their decision then there may come a time when they have to close business.

As more people getting tired of going to the office, this blockchain jobs would be attractive especially that you can work remotely so someone who is sick of having workmates breathing in their neck every day would be willing to have this job. Even myself, I would be willing to work remotely that to travel to office every day because I can still do what I want without anyone bothering me. This is also a good opportunity to learn blockchain because it would be a big industry and eventually maybe all businesses would adopt this kind of technology in the future so it would be an advantage for me if I learn it in advance.

Some say about avoiding taxes that's why he said he is being hacked. May it be true or not, it is now hard for him to collect money for the ICO because he already lost some credibility not being able to protect the money entrusted to him. As for the statement about not caring about the money, I don't think someone would just shrug off $2M. He sure did lost a lot but maybe he got more on his other wallets or bank accounts that's why he doesn't care he lost that amount. With the technology nowadays, it is just unsafe to flaunt how much is in your account because hackers would make you a target. When you show something in the internet then make sure you have the security in your account.

Because of greediness and of hoping that price would continue to go up, I didn't take profit but learned now to take some so that I would have more trading capital and just buy lower. It is expected that in every parabolic move up, just expect a hard downfall because it is not normal for the price to just continually go up as there would be buyer exhaustion and many people would take profit resulting to a sudden drop in price. This is the reason why businesses are still hesitant to adopt cryptocurrencies because of the price volatility but if there is a gradual increase in price then price would be somewhat stable since there is often taking of profits that wouldn't affect much the movement of price.

Since the government cannot totally track the transactions of its citizens then it would be good option to just levy tax on the platforms use by the people. The platform would just automatically charge tax on every transaction so that the tax would already be accumulated and the platform would just have an option to generate reports so that taxpayers can include it in their filing of taxes as already paid.

As for our country, there is no regulation yet as to how we would recognize cryptocurrency but our government is not against it since they grant some licenses to some crypto related platforms and we can even directly deposit or withdraw to our bank accounts. For the payment of taxes, I am willing to pay my share if there would already be proper rules and regulations about it.

A regulation means to have control and I don't think you can control something that is decentralized because every one has his own way of doing it. It is oxymoron in the sense that decentralized means separate and regulation means to come together so it is hard to imagine having a decentralized regulation.  This is the reason why government do not want a decentralized currency because they know that they cannot totally take control of it. If possible they would come to a system wherein people would use cryptocurrency still but the system is centralized so that they can still take control of it.

This is the reason why some countries decided to ban ICOs because they know that without proper regulation, there would always be people who would take advantage of it being unregulated thus it is not easy for them to be held accountable. As for the investors, being a HYIP, it is already a red flag but still there would be more people who would invest in this kind of scheme taking the shot because they wouldn't want to miss it even though there is already a possibility that the people behind the ICO would ran away.

This news would have a big impact to the people and even if a cryptocurrency has been existing for a period of time (not ICO), some would not even take a look at it because they would have a perception that cryptocurrencies are just scam.

If you want to do a short term trade then it would be better to choose a coin that has a higher volume because there would be movement of the price. You may want to check coinmarketcap and choose from the top 20 coins and then trade. If you are investing for the long term then I would suggest ethereum and Neo because these are the coins that are use by other coins as their blockchain. They would be existing for a long time because people use them for what their actual use is compared to other coins that are only use for speculation purposes. Besides that, the developers of these coins are known so you can just follow what their activities are and they are always active.

If you want to learn about trading in a comprehensive way then try the School of Pipsology here https://www.babypips.com/learn. You will learn a lot from that site because you are learning little by little and after you graduate from that, you will have an idea of how the market works and what are the strategies to use depending on your taste. Of course you cannot just learn the theories but apply it in your actual trade since you will learn a whole lot more if you experience it yourself. Just start with a small amount and then try trading.

You may have a beginners luck but if you lose then try again and learn from your mistakes. If you trade often then you will be able to control your emotions faster which is the hardest part in trading because you are battling with yourself and there are times that you just give in to your emotions that causes you to lose in a trade.