You know that most of the time, loneliness on its own is a very terrible psychological state of the mind and for someone who is in this spot, I am sure, trying to find a means or something to stir up that loneliness into excitement and decided to pick on gambling can set the person up easily into making the most terrific mistake when it comes to being able to control their impulses. These are the kind of people that will always get easily engrossed, find it hard to stop when they know they should and certainly can lead to addiction. If gambling is a solution for loneliness and dissatisfaction then its addiction is the obvious results for the people who opt for it. Because addiction is the result of persisting with gambling, no one could stop nor prevent that from happening if sticking within that.

No one is saying you cannot win in gambling, but it is a game of luck and most of the time you are not going to always be lucky. This is reality and that is one thing a whole bunch of people do not like facing before they even venture into gambling, and certainly will find it hard to face when they are already engrossed in it, because they simply thought this is a way to make money but really, winning is something you should not even be so much particular about as you cannot predict the future and all you are doing is a guess game.

In contradicting with OP, we may win in gambling if we target something other than making profits. Yes, here many gamblers have confessed that they are still sticking with gambling for the purposes of spending time in a pleasured way or for enjoying some real time thrills which cannot be possible anywhere else.

Maybe, he just wanted to say something even though it is a contradictory statement all in one sentence. There is certainly no required amount as that is understandable and you can start with anything that you have. However, when it comes to getting something tangible from trading and to be able to trade different markets so as to spread out, you will need some good amount to start with.

Certainly, $100 is a good start, and as long as you can properly manage your money and your trade, you should be fine, but the more you have, the better the chances of making more, and the likelihood of losing a lot as well if you do not have the knowledge.

Most investors that are smart and knowledgeable about the market they are investing in will always not see panic as something they should ever be caught doing. They certainly know when to buy, they know when they should be selling, and certainly know when they should be patient for the long term as they understand the market, its conditions and its future in the long run. Something a lot of investors or traders will always find hard to do and panic easily because they lack that knowledge.

People panic and sell because they were expecting something they ended up not seeing. A lot of people came into this market with the hope of getting rich overnight and that makes it so hard for them to be able to cope with the downtrend after buying the peak with the hope of the market mooning and them getting overly rich. As long as you understand what you are investing in, and you can be patient enough for the long term benefits, you certainly will not miss it.

News were quick to drive the market up last year because of the uptrend but this time around, negative news have always been quick to drive the market down pretty fast with everything still resorting to some forms of manipulations anyway.

News these days however, have taken another shape as we tend to see the market less driven by news and it just seems to do whatever it pleases with obvious manipulations left, right and center. I guess with situations like this, we just have to always wait and be careful even when attempting to trade the market based on news.

Yes, except with a little bit few of the strong markets I feel will be moving up big time in the long run and have been down hugely. Recently, I have added TRX to my portfolio and I expect that with the rest and at buying the dips presently, they should make some great move. This includes, BTC, LTC, NEO, ETH, ADA, EOS and NEM. I really do not buy more than I can handle at once, and these ones, coupled with some ICO investments, I believe are good enough.

If you want to be buying doge now at the moment, I would say you should be a bit careful. Although, recently doge has really made a serious move amidst all the market downtrends and just keep beating the odds and at this point still trying to challenge the last ATH. How far it goes is left with time, but usually, this is not a coin you really want to be holding for the long term as it has no development and like you said, it is simply just a joke.

I am sure the guy dreamed about it and the assumed his dreams will come to past. All he said was a day will come, which means it is still all speculations and imaginations of what he expects the Indian government to end up doing. Unfortunately for him, I am sure this is a day that won't come and how he wants to stay in his closet wallowing in the self-pity of believing his dreams is his cup of coffee. A lot of Indians are investing in bitcoin and I do not see anything stopping that.

Point of correction, crypto cannot be controlled, the activities can only be regulated and that will still be subjected to the use of local exchanges, most especially when you are converting to fiat. Now, there is no point saying if what the Op has said is right or not, but it is just an assumption he is playing out in his own head and there are so many reasons I would not expect Indian government to ban crypto trading like he said, as long as there is no way they can control the space.

So far amazing .
I have couple of my friends there as my affiliates and I love to collect the check every week or so, it makes me feel like I am part of binance in general or at least part of binance for my affiliates. Whatever they make, I get a share from the fee and that makes me feel great.

For trading purposes this is a website that has been attacked from day 1 they have been up and running to this day and no matter how much damage they get they still get up and keep moving forward which in crypto space is unheard of, websites that get attacked usually closes shop and says we got hacked and leave.

Normally, gradually selling as the price goes up is always the best way to go when it comes to selling.
Most times it is always good to wait for those FOMO periods and then gradually start offloading and then at least, once you see you have been able to get out your initial capital, then, you can decide to start playing with the rest until you are sure the market is switching back to a downtrend and then you can get out completely.

I am a trend follower anyway, and I do not like trading a pump and dump market, which makes it for me to always be able to trade the trends on any time frame without having to offload bit by bit on the way up. When I need to get out, I get out and when I need to get in, I do so which includes stopping losses as well.

I have been saying this for 3-4 months now. Anything lower than $5.8k is unlikely at this point, it can still go down a wee bit but it won't for a big drop.

We already hit the dip and now we are either going to go up or we are going to swing small amounts for a long time like back in 2013-2014 times and wait until a next big rush happens, without that we are not going to get a decent return or we are not going to see a big drop neither. We better get used to these prices because it looks like it is here to stay and not going anywhere anything soon. The price of bitcoin seems stable for now and standing there all comfy.

Moreover, I just have another concern over OP's statement. Yes, bottom for 2018 means, will we have another deeper bottom in 2019  or how we can be sure about market will turn to up trend in 2018 itself. Anyway, I just conclude like the bottom for current down market might have already achieved and we are into consolidating period before getting into another rally toward a new all time higher price levels for bitcoins.

Not so sure if what he is referring to is to trade his 1btc and make it 25btc at the end of the year or he is simply asking if it is possible for bitcoin to hit multiple of 25 in the short term which in this case is the end of December. All the above, I want to assume this was meant to be a joke.

25x by the end of the year, I would say if it is not a joke, then he needs to wake up and stop dreaming. By 25X OP is saying roughly $6k X 25 right. This is not even possible in any sense and for us to even start seeing new ATH it would not be this year. I really would not see how this can seriously become a reality and it will be too much to look for unless he is able to put his investment in a project that ended up skyrocketing hugely, but 25x I totally doubt the possibility of that.

Moreover, even if we are to see ATH at all, it is not even like 25x should be something someone should be looking at in the short term at all. I guess since what some people are after is the quick profit, so they tend to make themselves feel comfortable with the speculation that suits them.

Many people do not want to see that because their attention is so much focused on the short term that they tend to forget the long term and then, with that, they make terrible decisions and mistakes in their investment judgment.

Bitcoin may not be bullish right now in the short term, but does not mean it has not been bullish in the long term and it will stop being bullish in the long term. As much as people do not want to focus on the long term, they will keep missing out on the opportunities they should be taking advantage of.

Personally we all want to think bitcoin is bullish right now, but technically, bitcoin is in an indecisive state at the moment as it is trying to find a direction. A breakdown below $5700 - $6000 range will surely cause a huge drop downward to the line of the wedge formation and then try to see how to pick up from there again, for now, nothing is certain or guaranteed in this market and all we can do is wait and see how things will turn out in coming weeks and months.

Yes, moreover the first condition is based on the fact that it is a decentralized market, it is new and it is highly speculative at the moment with less usage for what it is meant to be used for. Very few people make use of bitcoin nowadays as what every new investor is just looking for now is to get rich quick. In this way, it is always going to be easy for the whales to drive in emotions into the market and take huge advantage of it as time goes on, which I am sure it is a way any smart investor will be looking forward to getting hold of these opportunities for their benefits.

No one certainly have the authority to control based on the decentralized attribute you mentioned. However, when it comes to price manipulation, it is easy for the whales to do this as the market generally is speculative in nature and since what most people are looking for is to get rich fast, with newbie traders hitting the chart with no knowledge on how to trade as well, it makes trying to instigate certain movements in the market easy for whales.

Yes, whether they had invested a long time ago or invested now, it still does not make any difference. The risk is still there but I would not say big investors or institutions are not in this market already, because they are. The only thing is like you said, due to the risk, I am sure they would have tried to manage that by managing what they are actually investing in the first place. Stock market by the way is just another market entirely, and I do not think if the big players should see an opportunity in the crypto market with the stock market taking a down turn, they won't take it.

Stock exchange has been on for a very long time, so I do not expect anyone to just simply move all their assets into cryptocurrency because of that. These are totally two different markets which apparently give investors the chance to at least trade the market and make profit from it. A crash in stock market does not really mean it would have some direct impact on cryptocurrency and if it will have at all, I guess investors will just find a market that has been trading a lot lower and in a good demand zone which in this case, we all know crypto is one.

I do not think there is anything that is relevant between "muslim" (not moslem) countries and crypto. Crypto provides nothing that is against any religion. May that be muslim, christian, jewish, buddhist doesn't really matter, bitcoin and crypto in general is not something religious and has anything to do with sins or whatever.

It means you believe that muslim countries have different ways to approach these kinds of things aka innovations. Do you really believe that all muslim countries are the same and some would say no to crypto just because it doesn't follow their path somehow ? That is plainly WRONG.

Basically cryptos are just another format of digital currencies and it has nothing to do with religions. Anyone can adopt and use cryptocurrencies similar to how they are using their debit/credit card or how they do transact their fiats in internet. I agree cryptocurrencies are having few special characteristics which are gain nothing to do with religion.

For your information, "for now" is the important part of the topic. It means we do not need to bother high about current price levels.  Yes, it is settled at 6400 for now however we know that bitcoin doesn't stay at the same place for a long time, it moves and when it moves it moves quick and a lot. If it goes down it will go down to $5.2k levels or so, if it goes up it will go up to $7.2k levels or so.

These are more than %10 swings we are talking about and when it does it it moves in an hour or so at most, it doesn't take 3 days to move that much, it moves in an hour and takes everything on its path with it. So if you see bitcoin moving, you either step aside and let it be or you ride it till you reach your destination.

I don't know about bitcoin but each year blockchain finds itself a place in the world where people keep asking about how they can implement blockchain to their already running systems.

Blockchain is bound to change the software world and any developer who is working on how to be a better blockchain coder is getting paid by the bunches. Considering coders are already one of the most paid people and blockchain developer is something much rare they are of course paid more than other jobs. Which means there are people out there who want to hire these people so they can change their software to include blockchain into it.

2019 will be the year of blockchain developers for sure.

This whole waiting for increase in price is the main reason why people do not get to understand that there is more value than just the increase in price and this is the reason why panic sets in quickly for people when things are not going exactly the way they expect. Obviously, it is a benefit that we all will experience but as long as it is a benefit, we should look at it as such rather than concentrating on it too much like our investment in this space solely depends on it without us considering the real life usage which is what would make it become a better reality.

Yes, these are the things which still tied up myself to this crypto space and to this community. I believe these are the enough factors and criteria which will definitely enable anyone to be sticking around here by keeping their faith high on cryptos.

I have always believed 100% of btc is a good portfolio, but who would certainly want to resist some short term huge profits from alts anyway. For me, I put a huge percentage in bitcoin and the spread the rest on altcoins which I am always monitoring to sell anytime I start seeing some strange upward behavior and everyone is beginning to get greedy and FOMOing. I would only suggest the OP to do proper research on whatever he is investing in.

After bitcoins, ETH and ADA is a good ones, XRP though is something you really need to read much about the project first and the fact that it is centralized before deciding to invest, It is a good thing you have made the decision not to want to invest in shit coins and that is a good start, but however where you want to invest, you should still do your own due diligence and research before embarking on any investment at all.

I just wonder why OP did not add bitcoin to his investment anyway, since this should be the first on anyone's list who is smart and want to take the calculated risk for their hard earned capital money.

Depends on what you mean by success.

I think crypto already succeeded something that we all wanted, a money that we can call our own without any backing from government or companies. However we forgot that in a free market without a decentralized bank or any governmental backing without regulations, its just wild west, any rich man can manipulate the market however they want in order to make money.

We need to go back to old ways when bitcoin was a money in itself instead of a commodity people make money from, bitcoin needs to be used like "you give me x and I will pay you with btc" instead of "you buy btc now and sell when it goes up".