It is understandable that not all traders may not be making money but remember that most traders do not trade like it is full time job, even if it is not your full time job there are very few people who trade daily, like at nights after dinner start trading for 5-6 hours a day type of deal, that could be done and not many people do it. Most people just trade here and there rarely and end up losing money and leaving, that is the majority of people who lose money.

Any decent trader would know what to buy, wouldn't buy something horrible and shady, and would wait if it is on the down and buy even more to drop the purchasing average and would sell later on when it goes up, so basically anyone smart enough to do what they can would basically end up with a lot of money, that is why I do not believe that 95% would lose money, a "true trader" would be 70%+ profitable people with just 30% unlucky that's it.

That is not something you have all the time, it only happens in a bull run or in a recovery from a correction which is why we see them like that and those two things are not that common, they happen very rarely. People were happy about the super increase that happened since October for example, but the last one was in 2017, we had a short increase in April 2019 that took us from around 4k to 14k and that was nice but aside from that we never reached back to 20k, and that shows you what kind of rarity it is and how hard it was.

So long story short ,we are in a situation where these charts are something we miss, we miss that a lot, it happens only for a short span of time and leaves and doesn't happen for years, same will happen in the future. However we are lucky that we know it happens once in a while and it takes us super high so we could just wait until that happens.

I do not get how people do not realize what is going on with the alts during the whole year, like they have increased insanely over course of past 500 days or so, and people are thinking just the recent weeks or something? Because reality is that if you check on dollar value, bnb was about 20 dollars or so, it reached to 340 dollars, that is 17x increase in dollar value, how could you say that altcoins are not doing anything?

ETH was around 140 dollars or so and right now that is 11x higher, and there are tons of others that I could name right now but I really do not want to create a whole lost, go to coinmarketcap and check the past 1 year and you will see how much they increased as well. Most altcoins increased as much as bitcoin and some increased even more as well. This is why I think it is obvious that we already had an alt season and anyone who didn't see that would be expecting something that will not come.

I do not think it is as high as ever, in 2017 there were a lot more scams because people got funding in ETH in exchange for their coins via ICO's and some of them literally didn't even published it, and that is really special level of evil, you know why?

In order to get that funding, they had something basic, and people checked it, so it was there, people knew what will be released and sure there was roadmap as well and maybe they could have bailed out on the roadmap and people took that chance but they knew that at least they knew the basics of what they have right now and those scammers took the money and didn't even release the code they already had finished, that is really bad. This year we have seen some scams but nothing huge, I haven't heard of any 1+ billion dollar news just yet and until that happens I do not think that we will be in a big trouble.

The whole talk about the league right now is NETS and I find that very funny. I get that they look better than some other teams, but Harden has played with other superstars before, he played with Howard (when he was actually good) he played with cp3 and he played with westbrook last season, so basically dude knows what he is doing and he has been actually good in most of those seasons as well, dude averaged 50+ wins all of his Rockets career so he is actually on par with it, not like all the people he played with were players worse than Kyrie, they were either similar or even better.

Durant is not there as well, so far all the people that say Nets are great are saying this without watching the team with Durant, and that is really important because it loses credibility, if you are calling Hardens team with a good point guard a great team now that means you do not know how Harden was for the past decade. Hence I believe it is quite important to wait and see what will happen in playoffs, dude is a master choker when playoffs comes.

I am quite happy that they exist you know? Because, the more there are these kinds of people who think bitcoin will fall and be nothing or bitcoin is a scam or whatever, the less people get into bitcoin and the less people get in it, the lower price is (or slower it goes up) and that allows me to buy more and more until one day everyone is in and price is god knows what. I mean how could I profit from bitcoin price becoming 400k today?

I do not have that much money and it would be good but it wouldn't be the perfect situation so at the end of the day I want people to hold on from buying right now and wait until I can buy more and more, if I can buy more and more that means I could make a profit later when they get in. So, this is why I like these kinds of people, they are making wrong decisions and that is why it is awesome for all of us that they exist.

I do agree that miners could be selling, after all they are profiting by the buckets and they can sell tens of millions of dollars worth of bitcoin every single day, that is a problem for us. Calculate how many bitcoins can be mined per day and you will see how much they could sell all at once as well.

Even at 44k per bitcoin calculation that is 40 million dollars worth of bitcoin mined every day, and at 50k that is 45 million dollars per day, if they hold half of it for 10 days that is going to be 200 million dollars so that shows you how they could destroy the price all suddenly. Now we all know there are some miners who can mine soooo much all by themselves, and if they sell all their coins once every month let's say on first like a "salary" they could actually do sell 100+ million dollars just as a one big whale miner, and that could destroy the price. Basically miners could be the reason, not saying they were since I have no proof but they can be.

I guess if I bought bitcoin in 2010 and the price moved to over 100 dollars I would have sold all of them already and wouldn't wait to this day. Think about it you bought bitcoin for 1 dollar each, and bought 1000 of them spent 1k dollars in 2010 that would have been an awesome future seeing type of deal and it would be crazy to know what coins would be worth by that time, but if you were brave and crazy enough to spend 1000 dollars on bitcoin in 2010 that means you deserved the profit.

But what we are thinking here is keeping them until it is 50k, I do not think that it will be like that, if it reached 100 dollars that means you would own 100k dollars and who would say no to that? If I bought something for 1k dollars and ended up with even 20k dollars I would probably get out and that is only 20 dollar price, which means waiting for 50k dollars would be impossible for me.

I do trade looking at the fundamentals and also the TA but I also trade on the potential and the team as well and that is where most people lack. I have an investment for example right now, and it doesn't look good, if I look at the fundamentals there isn't a single "why should people buy this" situation going on, and when I look at TA it looks like it should be crashing any moment now, and I have been still holding it for a long time, why do I keep my money in it with all these right now?

It is obvious that I am doing this because I believe in the future of the project, because I know what they are after and what they are trying to achieve and god knows maybe they will fail and I will lose money, or maybe they are lying, but I believe if they actually do what they say they will do, in that situation I will easily 10x my money, that is why I am investing in things this easily.

I believe there are too many answers but I think the best one could be basically "I do not want to be in the fiat world", why need anything else? I have been in the fiat world for a very long time, there if I have a debt and fail to pay I get all my things taken (could be definitely well deserved) while big names like huge banks go into debt and they just get bailed out.

I am not saying small time people like me should not pay their debt too, in that case nobody would pay anything, but when you give them money so they do not bankrupt, and you do not take taxes from them in name of tax cuts and basically you make them richer and richer all the time, that doesn't make any sense to me at all, I would rather live in a situation where we are all equal, do not pay my debt too but at least bankrupt those big banks as well that is what we should be doing.

We are already near 50k level and you know what's funny? The altcoins are not where they used to be and they will increase a lot, BNB will be 350 or so, ETH will be 2000 and all other coins will reach to their week ago or so peaks once again, first bitcoin becomes higher because that is where the money comes in and it is obvious that the price increases because of that, the reality is that eventually bitcoin will peak again and when that peaks that money goes into altcoins instead and people do end up with basically higher and higher altcoins, remember how BNB moved from 30 dollars to 340 dollars, that is not something that easily forgotten neither, so basically we are in a situation where we should be making a decent amount of profit from buying altcoin today and waiting a few weeks at tops, it will be back in those prices again and we will profit from that.

That is the problem with people who do not do the DCA system because they end up buying as much as they can at a moment they can but that's about it, they do not think about the future. Any person that buys all-in at any price will lose money and there is no alternative to it, because those people got in and they can't get in more and when a dip happens they miss all their chance to buy even more, the reality is that if they could end up buying a ton if they do DCA, how?

Well, they could simply just hold their money, go in slow by slow at any price, and when it has a correction like this, they could buy more with the money they still have, and that would allow them to drop the averages, sure if the price increases you would be increasing your average as well but you would be having more of it in the end so if it goes even higher you are still profiting more.

I do not know what is going to happen with it, I know it has a huge potential and could be "hub of all defi" type of deal, but they are really losing a war against BNB as well at the time, if Dot can find a ton of projects and list them there and basically do what they promise they will do, the price of Dot could go higher and there will be a lot of interest to it, but if they fail to do any of that, BNB is basically going higher and higher constantly because the BSC basically taking all the potential customers away from ETH and DOT into their own system.

I am not saying that Dot will fail or anything, all I am saying is that there is a good amount of possibility that Dot could go up and be very valuable but in order to worth a lot, and by the looks of it they are not fast enough, and by being slow to improve and grow bigger, they are in danger of not being cared by investors.

I believe the increase will happen but to what level, because we know that there is really nothing to worry about when bitcoin falls but none of us know when it will increase and how much. For example, right now it is recovering a bit right? Let's assume that the price will increase like crazy, where will it stop? Will it stop at 50k? 60k? 80k? 100k? 150k? Who knows where and when it will stop increasing? I personally feel like it will be 90k and I have a theory about it but it makes absolutely no sense at all.

What I believe will happen is that price was at around 41k at one point and dropped to 28k and reached to 56k which is 2x of the bottom of that run, now it reached to as low as 43-44k levels at the bottom this time around, and that means it should be somewhere between 85k to 90k if it does 2x as well. Obviously this is just an estimate and I made it up, I don't know what will happen, just a guess.

I believe people who are smart enough about what is going on will know what to do and when to do it, they are very wise about the situation and they will not let people to get away with these kind of drops that whales manipulate to happen so we are going to just let it be and we are going to handle it just like they do.

If the price falls that means it will go up, so if the price falls then I will invest and I will make a profit because there is no scenario where people can't invest into bitcoin and won't make money, as long as you put your money in it, you will make a profit, some people do it quicker and some people wait years but EVERYONE makes a profit. We do now (the old people at least) bait the drops anymore, some people may get scared and sell but they are newbies, I will never sell my bitcoins until I have enough to retire, because even if I buy at 60k, I will still profit eventually.

I believe that needs to continue for a while before bitcoin could be at a level where it could reach to 100k, because at the end of the day if we can't get those huge companies to keep investing their money into bitcoin, how could we get the price to 100k?

We can't possibly do that ourselves, we are going to end up having a bit of a trouble, and because of that the reality is companies are required for price to reach to 100k, and this is going to be something quite easy for us since we are going to end up with companies coming in if we are lucky, 100k is nothing if they keep investing billions, we never had that kind of power before but with this kind of investment we will definitely need. I guess it all depends on wall street to get in, if they do, 100k is nothing, if they don't we will have a long way down to levels we can hold our own.

You could always get a clear idea of what you think will happen depending on whatever you want to believe, there isn't a person that will convince you and you are already closed to others answers as well with "I will be attacked by btc supporters" as well because you can consider everything an attack.

Let me help you realistically and logically without "attacking" you, maybe it would be of some sort of help for you.

What I consider to be MY reason (can't talk for others) the fact that bitcoin is anti-inflation, which is why if the price is not really that bad that means dollar loses value whereas bitcoin gains value over time, if that is the case then how could we not invest into bitcoin?

We definitely really do not care about what is going on with the fiat world because we know that it is a failing one, but the reality is bitcoin has so far been working awesome so far.

The reality is that we have reached to a level where we are doing much better thanks to competition, the world is nowhere near where we are in the past but we are definitely not anywhere impossible neither. These huge tech companies have done whatever they want without any interruption and made money from our data as well, they really have been doing worse and worse, so right now at this point we are looking at something else because people hate those big ones.

It means competition is wide open, they can come in an swoop to take their place. Look at how tiktok created a huge buzz all around the world, why was it so successful? Because, it is obvious that people were bored of the evil methods others made money, not like tiktok is any different but they still liked it anyway, which is why I believe we are doing not that well, but not doing that bad neither for new startups to arise.

Look at what happened with Tether, they paid 18+ million dollars in settlement for them to be free again, and to be used in New York, otherwise they wouldn't be able to operate within New York, and that is why I think we are going to see something like that for Ripple in all over USA as well, which is why I think we should probably handle all the problems we are facing right now so that we can handle all the problems we will face can be handled easier, if we collect problems on top of each other it will be harder to handle.

Ripple did something, they created their own coin and they allowed people to buy it and made a profit from all the works in XRP by using the chain as well and had contracts with banks and so forth to handle all the money movement as well. So long story short there isn't really something they can get away with scott free, they will be charged but how much will decide if XRP will go up or down.

Avax is trying to overcome all of this blockchain difference issues, there are so many different blockchains and there are so many problems as well, which is why I think they could be successful and there are some that really got famous and Avax is one of them as well. What do you think Polkadot is? What do you think Stakenet is?

These are the type of things that are getting famous because there are chains that has some sort of their own projects and when their projects became successful it becomes a lot better but what if all the amazing ethereum erc20 tokens, and all trc20 tokens and all BSC tokens all were in just one place? That would be awesome right? That is why I think we should all be trusting our money into Avax system because they are definitely the things that could make a lot of profit, Since just one of them can make money, that means all of them combined could make even more.