No surprises that everyone wants it to go on forever and there are many who think it will not last too long but even those who think it will not last forever think that there is a chance it could go down but they want it to go up as well, the fact that some people think it may go down and still want it to go up is real, not everyone who thinks it will go down wants it to go down, they want it to go up but afraid that there is a chance it may not.

So, as long as majority of people act as if there is no chance it will go down, and wants it to go up, it will always stay this way and will continue to go up as well, I believe the run is not over yet at all. Let's see 50k+ first, we are very close and it is an amazing psychological level, if we could break that and I think we will, we are going to keep going for a little while longer for sure.

Well, there is always a reason to talk about the 40k mark as well for two reasons and they are quite good and important reasons as well. First of all we talked about will it go above 40k and now that we are above 40k we could talk about HOW it became over 40k again, that is a very important part of the discussion in crypto world, if you know how it went up then it means you could check for the same signs in the future to predict if it could go up again as well, think of it like a learning experience that could make you better at trading.

Secondly we could always go back down under 40k as well, this means the question of "will we be over 40k again?" will be valid again, if you do not want to talk about it right now since we are already 40k that is fine, but it should not be locked because it will be a valid question again in the future if it drops under 40k.

Isn't this depend on what I am going through in my regular life? If I invest 500 dollars and want to make it into 5000 dollars, I will keep that earning and everything else, and even put in more money if I can until I reach that 5k and get out after that when I reach my goal.

However if I am risking too much, and I need that 500 dollars and can't afford to lose it, then I will probably just get it out and keep that 500 dollar in and at that point since I can lose all and would still have zero debt and loss (pure profit loss) I would probably go into more risky and dangerous defi's in order to make it back. I am sorry of doing that right now, I have this 400 dollar investment that I want to take out, but I am waiting until first of march to get out, after that I am going to take out my 400 and continue with the money I have left in the system.

All trading bots are a "scam" in the end by a small to a big portion. Some of them are scams in a small portion, they tell you that it will make you money without you working, and that is a scam, not the way that steals your money, they just trick you thinking it would work like that, but the reality is that you work to configure it a lot and you end up with making a lot more stuff to make it work, and you keep an eye on it, and basically work and not just put it in and let it be, so yes they do not steal your money and yes there is a chance you could make money from it but it is not without work so it is a tiny scam and not a big one.

Some of them are way larger, they just tell you that it will work and it is great and they take your money and give a copy paste fake software of something that already exists and run away with your money and that is the big version and anything in between happens too.

I am not entirely sure if selling all this crypto would benefit them in the long run, but if that is what they decided then it is their loss. Crypto is not something that would go down in the long term, I never believed it would go down in the long term, that is why I am always optimistic even when it falls because crypto is something we will definitely profit a lot in the long run.

However one thing is a bit confusing for me, which is why would these companies buy and sell if it is going to profit in the future? If they plan on selling at the "top" and getting back in later, that is trading and trading with hundreds of millions of dollars, nearly a billion dollars, is not really smart and should probably stay away as much as they can. In any case, in 10 years if they didn't buy back their sold portion, they are going to regret selling their bitcoins.

I guess I can't really refute what JP Morgan says because I do not have the power to see the future, maybe all the major companies will get in or maybe none of them will, I really do not know whats going to happen. However I also think, even with all those experts and analysts, they do not know who will get in or not neither, these are personal preferences (well company preferences) and they may not say it out loud but they might be thinking about it or talking about it or trying to find how to do it etc etc.

Moreover, I do not like to talk in absolutes, only siths deal in absolutes, I think this is going to be more like some majors go in and many don't and just spread it around, nothing major for us because we already have wall street on our side now, but still a few more will probably come while many many more will come at a later date.

I guess it does make sense that they do end up putting money into other stuff, because somehow they need to make that money into even more money to be a viable business, sure central banks are not "business" in the same sense but constantly losing money is not an option neither, which is why I think it is crucially important for them to use that. Buying stocks of huge gigantic companies are a great way to do it, it is unlikely that these companies would bankrupt, which means they are investing at the right place.

Yes I do agree that if a central bank invests into a company that invests into bitcoin that means even if indirectly, that central bank invested into bitcoin as well. This opens up a lot of possibilities, even if central banks do not buy bitcoin straight up, they could potentially buy from places like grayscale so they could own bitcoin without actually owning any bitcoin.

Interestingly these things do not work that way, it works like the best one becomes better, the second best becomes as good as the best one was earlier, and third best one becomes as good as second one was. Meaning, ETH is the best one in alts, it got better with defi and other stuff, bnb was second best one, and it became as good as ETH was before the defi, even the price of BNB is getting to 100-150 dollar levels (right now over 90+ dollars) which was the price ETH was at the start of 2020 and I think BNB is as good as late 2019 ETH right now.

Now we have UNI which is basically Binance type exchange with decentralization, which means UNI is basically BNB but in 2018-2019 as well. So one gets better, other takes its place it used to be. I believe this will go on like this for a very long time, each of them will get better and better.

Many people do not believe me but I think it is going to go down very soon, of course not to 1-2 dollar levels but interestingly to 10-15 dollar levels. I know that is still a lot but I have seen as high as 40 dollars today, so going from 40 dollars to 10-15 dollar levels is still a big drop and I think it is still something we should consider a lot.

Of course it is going to take some time before we could actually reach to 1-2 dollar levels ever again, probably not anytime soon, but going under 10 dollars is inevitable and will happen sooner. Reason why I think this is the fact that we increased during this huge bull run, and everyone wanted to take part in it, and this caused people to spend whatever needed just to get involved. Eventually this bull run has to slow down, or maybe take a break, even if it continues to go up later on it has to give a break for a while, at that point fee's will certainly drop.

The scary part is, it requires just one news to go down even more as well and that should scare every investor. Anyone who holds XRP takes a risk right now, if the news about the case comes out and say that there is nothing wrong and carry on like old days, the price will skyrocket, I can see over 1 dollars in this market, everyone else increased like hell while xrp got stuck because of this problem so I think 1+ dollar is possible, even 2+ dollar is possible if market continues like this.

But the big scary thing is, if the ripple company is found guilty, if the owners are jailed like how they did to bitmex owners, and if the company is bankrupted and closed, that means xrp will have zero centralization (which is great if you ask me) that will cause people to panic and we may see under 10 cents very seriously, like go down lower and stay there for a very long time.

It is not always about luck, it is all about knowing when bitcoin crashes and it is not something that should crash. The "luck" part is to keep holding but that should always be the case for everyone, so this is basically just a common sense and not luck at all.

Why common sense? When in 2020 march bitcoin price reached to 4k, I said it shouldn't be 4k, we all know that bitcoin worths a lot more than that, it started the year at 7k and reached to 9k+ levels and I thought if I bought at 4k and sold at 8k I would double my money, it was seriously obvious to everyone who has been around that bitcoin wouldn't stay at around 4k, and it didn't for too long neither, jumped over 5k very quickly, maybe just 24 hours later.

I bought at a decent price and I have been buying ever since, and price reached 45k+ as well, why didn't I sell? Because I believe in the fact that as long as you do not need the money urgently, you should always keep it invested.

I know that you are "new in trading" and you have been around for few months only, but those are not realistic numbers at all, you have to know that. Sure since October we have been in a bull run so making 10-50% type of returns monthly were possible, you could definitely reach those numbers in these last months, but that is not really the case in most situations, only in bull markets.

It means if you are not in a bull market, doesn't need to even be a bear market, you will end up losing a lot of money, and if it is in bear market you are going to end up losing even more money, at least with the way you think. You have to realize there is no "sustainable" amount of money you could make per month, in crypto you sometimes make 100%+ profit a month and sometimes you lose 50% of your money, and all could happen in blink of an eye, that is why I think you should probably realize that going into high risk stuff is not sustainable in the long term.

Tomorrow is easier to gamble for FA cup honestly. City versus swansea? The odds are so bad that it is nearly not even a good enough reason to gamble on this game, I honestly think it is possible just skipping this just for the low odds, it is that obvious who will win this game, but if you are building a multi then you could possibly add this one as well. Leicester against brighton? I mean I know brighton is a tough challenge against anyone because they are a rough team but I think Leicester will win this easily as well, Spurs versus Everton, if Mourinho wants to keep his job, he needs to start back winning some games and this is one of those games, having a great FA cup could mean a great motivation and momentum for Spurs.

So, play these games and you will get a lot better results, it will be low odds but at least they are games you can count on.

Thankfully I didn't do that regret, I have two great moves in my 8 years of crypto existence, I sold my coins at 20k during ATH (bought back at 12k thinking it can't go lower so that ended up being a bad decision but selling at 20k was great) at 2017 and also buying at 6.5k last march as well.

I wanted to sell a bit but now I am waiting, I may actually take out about 10k dollars just in case, at that situation if it goes down I can still wait as long as I want to until it goes up since I already took out my initial investment plus even a small profit on top of it, I can still wait if bitcoin goes to 10k or if bitcoin goes to 100k, I will always be around, I will not need that money. Honestly when bitcoin crashes, it is always a great move to buy, I think it will never worth nothing, it will always worth something in the end.

People could trade at whatever hour they want, trying to trade on the most active period of the day or most active period of the week, or even most active period of the month, year will not really yield you any better or worse trades if you are not at the top of the game. Sure maybe there are very few traders who are so veteran and great at what they are doing that they end up with actually making a huge decision and change their trading according to time zone, but that is very rare and very few people.

Any regular human who makes regular trades should not care about it because the difference is just few pips and that should not matter to you unless you do 100x high risk leverage per minute. Of course there will be tons of people who will ignore this and keep on trying to find the best methods of trading instead of actually learning how to trade but that's okay, thanks to them we make a lot of profit.

That is the reason if you look at the richest people in the world you will see that most of them had rich parents or family, they never really "took risks" in the sense that they would be poor or starving if they never did their jobs. Jeff Bezos? Guy who had island level big lot for their houses when he grew up (had a worse baby and toddler period but got richer later when his mother married a rich guy) and had a rich grandfather as well, not "this" level rich of course but rich. Elon musk? His father took ownership of mines and got rich off others hard work, Bill Gates? You think a kid at 17 can build something with his friend when they are poor?

There are people out there having hard time finding something to eat, Bill gates had all the toys he could imagine under his hand and he did whatever he wanted when growing up without a problem, Mark Zuckerberg? Dude was "all paid of" Harvard student, he came from a rich family too. All those "risk takers" came from a level where they wouldn't mind going back down, every single one.

Inflation happens when everyone has excess amount of money that they can spend so prices of things get higher and higher. When you do a stimulus and everyone barely has any money and they spend it on things they can barely afford right now but common things otherwise, stuff like groceries or bills they have to pay or rent, those things do not cause inflation at all.

You have to realize that inflation is only caused when there is excess amount of money, there isn't excess amount of money anywhere right now, all the money is basically "gone" right now, and people are unemployed or even starving, so having that extra stimulus is definitely not something we could argue right now, it is definitely something everyone needed and it will be used for things that are needed and not things that are luxurious, hence why it won't lead to inflation at all.

Interestingly there was a new topic that said that Nigeria was trying to ban all bitcoin stuff in their nation. The way you can ban bitcoin as a whole is to ban the banks and places that work with it, because in the end bitcoin can't be banned since it is P2P so there is no way to "shut it down" hence they decide to just ban the business' that work with bitcoin.

I think that is quite important to realize because Nigeria becoming second fastest growing community and consequently getting banned is not a good news about bitcoin, we still have a lot of places to handle all this banning and so forth, we need to figure out how people would realize that this is not something bad and every nation in the world should not only accept it but also support it, that is the way the world should be going right now if you ask me, that way we could be at least certain about what the direction is, and help all nations as well.

I doubt that GPU mining will be over, your rigs are safe and you will be capable of using them and making profit with them, there could be times when you do not make a profit, but at the end of the day even with ETH available there were times when gpu mining didn't profit at all. You have to realize GPU miners never really focused on "just" profit, of course that was the main reason and nobody can deny that, if people didn't made any profits then there would be significantly less people, only 1-5% of miners would have stayed and rest would have been gone.

However there is also this rewarding process and interestingly undeniable fun of mining as well, it is a very cool way of making profit, staking doesn't have that. Do not let all these people that say "staking is bad" because that is not contributing to the topic, staking could be good or bad and that doesn't change anything, ETH is moving to staking no matter what, even if you hate staking, they are still moving to it, so you should look further down the line.

These type of hacks and steals do not make defi nor anything else bad, it makes the projects bad and that's it. This was a hack into Yearn Dai v1 vault and that's it, which makes Yearn Dai Vault unsecure and untrustworthy I agree with that, but that doesn't mean that DeFi got hacked or anything, you can't hack into a DeFi, that is not possible because there is nothing to hack in there, what are you going to do hack into everyone's blockchain and addresses and take their money out? That means you find a weakness in the addresses not the system itself, you could convince some john doe and steal his money, does that make dollars untrustworthy? No it doesn't.

Long story short I believe this is nothing, regular crytpo world had hundreds of millions of dollars stolen, let DeFi world have a few of their own, that is the crypto tradition to start becoming big.