Getting emotional is not normal as long as you know what you are doing. With full confidence that you are making the right decision, buying, selling or stopping loss, you will not place emotion by the side anytime you are trading at all. This is one important thing to always take note of as trading is not a child's play and you will need a lot of skill and knowledge to pull you through and without that, emotion is bound to always take a hold of you anytime any day with silly mistakes you would not have done normally if you had taken the time to learn.

Crypto trading do have a lot of risk too if you do not have a pretty good idea on how to trade as that would make you jeopardize your whole investment, and you would not be different from someone who is gambling. The risk is minimized with great knowledge as well which makes it even more interesting most of the time for those who are actually looking to experience it. Online betting is even far from it, and I would rather hold my money than participate in such.

You sound like emphasizing that trading is somewhat same as gambling. Fast earning and faster losing. That is the case of insufficient knowledge. An experienced trader will not lose more than what he had booked in the previous trade.

Well, I would not call it a disadvantage if you are making shit load of money from it and that is the main reason day traders do not complain anyway. Day trading is fun for those who see it as a profession and do it pretty well or would I rather say making money from day trading is fun.

I have always known that anyone who is not trading should not be looking at the charts anyway and anyone show is trading does not have any other thing to do than looking at the chart, so it depends on which side any individual wants to fall. Charts are just the helping tool and completely depending on them for making decisions for trading definitely make anyone to frustrate.

I would not invest in EOS right now as it is going through some correction, so I would rather chill out a little bit. However, it is understandable that the EOS market is going to turn out huge eventually anyway, which I believe should be a good one. Nevertheless, I would advise that the OP make some good research on whatever he wants to invest in and be ready to stick with that decision because not doing so and expecting quick short term gains, can lead to panic sell. Still, investing with only top 5 or 10 coins will definitely make us richer in short term. Waves is down for continuous three weeks, as per many people's opinion and speculation I like to check my fortunes with it.

Well, we all hope he is for the sake of sanity as the idea of getting to see the altcoin market bleed all in the name of bitcoin going way down or in the case of a bull run can actually be something funny. It is high time we started seeing the markets independent of each other and purely, it seems we are gradually beginning to see that. We also have to understand that until we really start seeing the market being traded against fiat rather than BTC, we may still have this in play.

You mean bitcoin will be traded against altcoins ? I just wonder on your perspective. Most times, altcoins do go up whenever bitcoin is falling down but in recent times both bitcoin and altcoins together was falling down. I mean anything may happen at any time, no exceptions.

They obviously missed their road as usual and post like blind man. It is funny though that we are here now before 2020 that calme asked to even pull the thread back for a good laugh. That was 3 years ago just like you have said, and we have gotten way past $1200, with no dream of even thinking of going back way low to that value and then here we are having a good laugh even with the present value which some people considered as a dip.

It is really a way to believe in the future of bitcoin and not just in the price but even in its development. I am not finding any possibilities for bitcoin prices to test below $6000 levels. We are in rising trend in long term perspective hence if we test what was the peak of 2013 then it would be a result of some fundamental failure which is no way possible as per the bitcoin foundations.

Nice one as that would really generate some media attention a lot and simply would create some huge awareness since this is a global thing. One way to go. It would have actually been swift if such a thing were to happen in Japan. If some bitcoin whales think about promoting bitcoins in such a world event then that would definitely help bitcoin to get promoted to many new people which may even end up bitcoin being adopted by them.

Still, I feel it is too early to start thinking how the betting/sport book thing will have an effect in Russia, but I do not think it would have that much huge effect either looking at the fact that Russia does not simply stand on any ground when it comes to cryptocurrency.

Well, it can be good news for all. Sellers selling despite the low rate in value must obviously have a reason to be selling, otherwise holding and buying the dip as well to add up to what has been bought already at the top will be the best option which a lot of people usually do not understand.

One thing with good regulation is that it is going to help the space develop into a more matured space and still make the idea of decentralization existence fly at the same time, but if we expect that everyone will just keep doing whatever they want without some little bit of control and rules, then this space will not even last.

Yeah, it totally depends on each individual and asides the capital; everyone will definitely have different idea on how they want to invest. As for me, I am picking all the coins at the bottom with great potential for growth and active team as well. The thing about picking them at the bottom is because it is always easier to take note of the accumulation phase and when other coins are pretty much going down due to the response in the market, they are solidly rocking that bottom, and whales solidly rocking them as well. That is where I want to be picking from.

Basically 2018 must be a great year for new people who just heard about cryptos after bitcoin had tested $20k levels. Just imagine that people will buy bitcoin if it is currently prices $25k or even $21k ? When a new comer checks for prices and finding it less than half then definitely he may take some action for sure.

You cannot simply override that as it is a market and there would always be people who will sell either out of panic or because they really just need to sell and all those things make up for what moves the market. Drop will happen time to time, we never need to really bother that. All we must do is buying at dips.

It is always about trend, and one way or the other trends will always switch and the only time one will ever get to see a trend just going low and low until it becomes shitty is when it has turned totally to a shit market and that obviously is not the case with bitcoin since it has great value and only if people can understand those values, there would always be less panic during times like this.

None at all. The best thing is to find a way or strategy to know when you are getting out of the market. For most people, they get out when a trend is changing with a stop loss above the previous resistance, while for some, it is simply just to take at any best position possible they feel the market is in an oversold stage even if it goes further since it would correct after that anyway. One way is to just know what works best for you and stick with it.

Buying more is the suggestion, we can find every part of this forum and I am not sure how many of us are following that. When we are into the practice of buying on dips, I guess bitcoin might have not come down from $19,800 to $6300 levels.

Best advise anyone can ever give. I am sure the Op must have made a terrible gambling in an investment he had no knowledge about like you said, and now that he is in soup, he is still trying to gamble the remaining left to see how he can recover the losses. Anything he is going to be doing now will just set in huge mistakes which would be made eventually out of panic in the long run.

Since he has made the mistake and he does not simply know where else to make payment, it is better for him to just sit back, think things through, allow his car go since he dropped it as collateral and plan what is left on a more solid term with better knowledge of handling it this time around.

Think and live with your trading strategy, I like that. It is necessary to know that this is a very volatile market and a little mistake can actually jeopardize one's fund is care is not taken, so it is always important to always keep that in mind, that no matter what, you are going to have a strategy which comes with learning a lot, then practice to build on that strategy and that is it as you wake up each day to make shit loads of money as much as you can from the market fluctuations.

Crypto trading itself a very risky one due to unpredictable nature of price movements. Day trading in cryptos will take those risks into extreme levels. I do see only very few people who are professionally qualified in trading making it possible with consistent profits. I have suggested most of the friends to do position trading when it comes for crypto trading.

Most of the time, we all know that anything that affects bitcoin simply affects the whole market but I would not pay attention to all that is in the news as they are just some ways of justifying the means and that does not change the fact that the market is highly manipulated.

This may have been a normal occurrence, but we really need to stop seeing fake breakouts in the market, but something that depicts real buy or sell based on real demand and supply. Understanding though that the market is decentralized, volatile and can be easily manipulated, but I believe it should be done with a lot of sense.

NEO definitely have a lot of room to grow this summer and I have been accumulating the dips gradually without wasting anytime doing so. Still, one year is a long period of time, and the best thing is to always monitor them to know when it is time to accumulate and buy in well and when it is time to be getting out of the market with the huge profit one could have been able to make from FOMO.

In a way, the whole market has its season and you really want to know how to be timing it well so as to get the best from it. This is the reason I always prefer sticking within most established coin. Also, my faith with most established coin has been paying me so far better than my expectation.

Quite mean though but the truth, lol. These days, it is not about the number of members in the community but the level of real conversation between real investors and the devs which most of the time; it is not that huge for most community even with the huge members.

In a way, it actual still helps as to me is not the increase in number but the throwing out of the project to the world at larger, as that is what bounty is for while paying with your own token. I guess it saves the team a lot more that having to make use of fiat to pay for Google or Facebook ads and the likes or getting a paid review in some of the big media sites.

Yeah, mainstream adoption for sure is the way and in that case, this can only be possible where bitcoin is being used widely as a currency and the market capitalization has grown hugely because of that. In cases like that, it would be hard to see market manipulations or whatsoever, but a more sane and matured market. However, this does not mean bitcoin will be stable, but at least it would not be as volatile as it is now, as there is no market that is simply stable.

You are right. But for another hundreds of years these two will not meet each other. Bitcoin is getting famous everyday which brings exponential demand whereas supply gets half every ~4 years. (All the bitcoins will be mined out only after ~100 years from now. FYI.)

I feel a lot of people do not even understand this dude. This is not about him investing, this is about him withdrawing for an urgent need despite the state of the market, and as long as this is an emergency I do not see any reason why he should be asking us and not withdraw already. No one can give the state of the market at any time, as it could reduce more than this, there could be a recovery possibility, so the decision is left for him to make without looking back.

Everyone in this world need money. OP must understand that crypto trading nor any other trading will not give anyone the free/easy money. We must work hard similar to any other job in this world for trading too. Because trading is just a smart work platform that is the reason many people do fail at it unlike it seems in distant.

Why are you spamming on the forum ? This is totally off topic and if you want to announce Usechain, you can just do that on Altcoin page, or the ANN thread of the project. However, with respect to the success of crypto world at large, based on what the OP was referring to, I believe there is just so much that would need to be put into consideration from the devs, to the community to the government and so on which all encompasses on how all these set of people that I have mentioned ends up participating in its real life usage of crypto as currency where products create demand for the token or coin in the end.

Yeah, we cannot say exactly who manipulates at the moment, but best guess should be the whales somehow. The governments on the other hand are the ones probing the manipulation done in most of the exchanges right now as it is, and it is not like they are the ones doing the manipulation. This has been going on for a while and we know how in a market, some of the things mentioned in the article are kicked against.

Moreover, since all exchanges is not regulated by the U.S, which may be a challenge and we cannot expect any big impact due to these probe by US government. A decentralized system will evolve manipulation and trouble free only when it will being operated through a transparent system. Until we may need to bear the manipulations and other similar troubles.