Everyone is scared but being scared doesn't really help you neither. When the price reached 24k levels there was this talk of "should I buy now? Or should I wait?" and price went to 29k levels, at that point everyone acted like "should I buy now? Or should I wait?" and then price reached 34k, well same happened, and now it is 41. At some point you have to realize that buying bitcoin is not a bad idea, you could do whatever you want with it, there is no losing in crypto.

Well buy some more, it went even lower? Well do not stop, keep buying more and more, as long as it is low, you can buy more and more. After a while it will go up again above 100k and you will be in big profit. So there is truly no losing crypto, you can do whatever you want in crypto and that is the good part of it, that is why I suggest buying at all prices.

The bad part about UNI is that it's limited, you can't put every single coin there, you do not even put all the ERC20 tokens there, some of them are out, either because they are very low and not have any liquidity provider at all, so they are totally useless, or they are not there for not being listed somehow I suppose (because idea is getting all erc20 tokens in the end). Whereas in places like binance you can list anything you want, it could be erc20 token, it could be bnb chain, it could be tron, it could be its own chain, it could be simply ANY coin you want and it could be listed there.

Plus when it comes to volume, there is absolutely nothing at all that can compare to binance, even with 32+ billion dollars liquidity provided on Uniswap at its peak, it was still lacking volume in some tokens, whereas binance has high volume on everything they have which makes trading better.

I would say buying at 2013 and starting a newbie account now, does seem like not credible at all. By the way I am not against the idea, bitcoin is a volatile and decentralized currency with nearly unregulated market, at least a market that doesn't ban you from buying anytime you want or selling neither. It means we could literally have 8k or 80k in October, both of them are quite possible and nobody can say that it will be impossible, obviously speaking we will definitely have that.

What I do not really understand is that why do people have specific numbers, everyone throws out a number and I wonder why those numbers. For example, why 80k here? why not 110k? Why not 50k? Why specifically 80k? I live my life with two ideas, I either say bitcoin will go up, or will say it will go down, I rarely say it will go down. So that means for me, there is no specific number, it will go up, and it will be something more than what it is today, that's all I can say.

I would say it wouldn't really be a big deal because bitcoin was 7k just the start of last year, that would mean we would have 2x from the start of 2020, people are missing those points. Sure you may have bought from anywhere above 15k and that would be something bad for you in the short term, but in reality we are talking about people who didn't buy at high prices, the ones who did are usually whales and some small investors who did would be hurt for short term but would be fine long term. Like I said before, even if you bought at 20k from 2017, you would in big profit now.

So do not worry, 15k is not the boogie man, it is just a regular price, it would be a decent price too, and next time we go up, we would need to go up a lot less to reach peak levels this time around. Also I still think we would be probably 20k+ even after a crash happens if it happens.

The idea of "putting everything into one basket" is similar in both of them. Yes their names and how they were done are different, in one of them you put let's say top 10 cryptos in one basket, same would be having 10 companies stocks into one basket, which is not in any way similar to real problem where mortgages were put into one basket, but the idea of "putting all of the into one thing" is still the same.

This is why I do not think it will work, no matter how different you think 2008 was, it was still due to putting everything into one thing, it could be mortgages, it could be stocks, it could be crypto doesn't matter what we are talking about, and index is about the same thing, if I invest into bitcoin I will feel better about it, if I invest into top 20 coin index, I wouldn't feel that safe, market could crash and bitcoin could survive, but I would still lose money because alts went down. Or SEC could just attack the basket alone, while coins are safe and going up, you could lose money because index is investigated?

Two layer systems that would make it off-chain would cause a big spike in "debt" like banks do. It is not going to be named debt, but if you could wrap anything you want and call it the real thing without actually owning the real thing, that is not going to end up very well. Look at banks for example, do you really think that they have enough money in their accounts to cover for everything they do?

All the investments, all the loans they give, all the insurance and reinsurance? They do not have nearly half of the money they claim they have, but they can deal with it why? Because they say they are going to make money with it so it is not a problem for them, the default rates are low so they should be profiting anyway, which is like me buying bitcoin with million dollars that I do not have and saying "but bitcoin will go up, so I won't be in debt", doesn't matter because I do not have that money, I should not be able to do it even if price of bitcoin goes up. Same will happen with layer twos.

^^Starting? I mean ethereum went up about 10 times in the past 1 year, what do you really want from an alt season? I get that some people want alt season and I like that too, but how do you consider 10x increase NOT alt season? All crypto currencies went up in the past 1 year, I love the return on investment I had so far and if it stops and drops right now, I would consider this last 1 year as the greatest year I had in all of crypto and I have been around longer than most people.

I would love to suggest you to take a look at any coin you want on coinmarketcap, open it up, check 1 year ago price and today's price and see what the situation is like, more often than not, except for a few rare ones, all coins have done AT LEAST 5x return this year. This is why I believe alt season has already started, and it is probably going to end soon, you reached the end, not the start.

I said that ETH will be over 1200 dollars in 6 months back in November, and that was just 2 months ago or so, and we are already above 1100 so it is getting more possible that I will be right. Why did I say that? Because of two main things, first of all at the start of November ETH team opened the phase 0 part of the eth 2.0 situation, they needed a lot of people to lock 32 eth validators and that happened very quickly, before December came they were capable of getting all the money they needed, but I didn't know this at the start of November, I just wagered they would.

Secondly they will show how it works, they will show that you will get paid, and how staking will be profitable. Which would make people buy even more, and lastly I think people realized that maybe the eth 2.0 "dream" is not really five years away, it may happen by the end of 2021 or start of 2022, which made them buy even more.

I would say we are all crypto traders and we all do make "mistakes" time to time, there is really no point on dwelling about the pass. I have been around crypto world for about 8 years now, if I have bought bitcoin back in 2013 and kept buying for 8 years straight with 10% of all my salary, I would have been a multi millionaire by now, literally would have insane amount of money. But I didn't, why? Because I didn't know it would be like this. Does that make me an idiot? No, of course not, we wouldn't know, it is a news to all of us.

However same goes for you as well, how could you know that SEC would investigate Ripple? That was only published after the fact, so you wouldn't know, obviously I would suggest stay away from centralized coins because of other reasons, but it is still something we couldn't see beforehand, hence why I think you shouldn't feel too sad.

I think the scary part is that usdt kept its 1 dollar valuation and that is very scary. The deal is that, USDT is backed by USD and many people believe that, I personally don't believe that, how many people have cashed out their USDT to USD so far? Believe me not nearly enough, it is not even 10% of the people use USDT, what do they use it for ? Either buying bitcoin, or selling their bitcoin for USDT, so majority of the users of USDT just believes that its worth 1 dollars, and that's it, it is just a "belief" they have and thats it.

This is scary because the moment when 1 usdt does not equal to 1 dollars, the moment the tether company can't cover that, we are going to have a bad situation in our hands. Sure we had tens of billions of dollars that went into bitcoin market that wasn't from USDT, so we are not going to crash and burn, but we can't deny that it won't be nothing neither.

Unfortunately the rental car services suddenly made even buying a car for business not really a smart move. After all you check having just one car and using that and you check rentals and check that and costs would be getting closer.

Now if you are a regular person who goes to work and comes home, like a 9-5 worker, you should try to find a way to use public transportation (well not in covid period lol) because that would be a lot cheaper, but let's assume that you bought a car so you can go to work and come home, and you could go around, basically just to make your life easier, sure that is not a good "investment" but also buying a ps5 is not an investment, buying netflix subscription is not investment, some things in life are not investment.

Yet if you are a business, and for your sales people and technical service on spot people etc etc, you need about 10 cars? Instead of buying them, renting them could be cheaper, between all the costs of cars, having 10 cars would be too much capital stuck with cars, while still paying a lot constantly to keep them running, whereas renting is none of that.

I believe they wouldn't care about binance as long as binance gets involved with USA too and paid their taxes there. But the reality is that as long as you pay the right people, you can get anything you want done in real world. Look at the cruise ship business for example, they are all headquartered in other nations, Disney has their cruise ship listed at Bahamas for example, why?

Because, they want to get rid of paying high taxes on USA and paying a very tiny amount of tax in Bahamas is preferred, but they are still running their business for Americans, they still get their money from Americans, and when things got south due to covid, they asked money from American government as well.

So long story short, even though some things make more sense, if you can bribe the right people, binance could be a company owned by Chinese government or Russian government and you could still get all Americans money, as long as you bribe right people.

I doubt that bitcoin ever cared about TA because it is not acting as it suppose to according to TA's like the stock market world because it is not tied to those people anymore.

Regular Joe buys bitcoin too, regular Joe couldn't really change anything in the stock world because he gave his money to broker who used it to buy, sure stock market world is becoming more like bitcoin because there is places like robin hood where regular people could buy and sell with big numbers now too, they are getting together, but bitcoin has always been like that all together, sure I can't change bitcoin myself alone, just like stock world, but I can do one more according to market movement and everyone else does too and wealthy people can't change that, whereas in stock world they are running the show with everyone's money and changing things with our money, that is not here in bitcoin world.

Didn't this kind of happened already? I mean I am not the wisest person to talk about the markets, you can surely find someone better, but doesn't the price reflect that? You are talking about "did you buy when it was 27-28k levels?" and when I look at the jump, it looks like it did went under 28k for a very very quick period of time, it didn't stayed there a lot and price jumped right back up to over 30k very quickly and already 31k.

Now by logic, for bitcoin price to go up, what do we need? We need people to be buying more bitcoin than selling it, well if the price went up, what does that tell us? It means people bought more than they sold. This also means when the price went to 27-28k levels, it is obvious that people actually bought at low level and considering how it went down from 34k, it means they sold at high levels as well. So, it looks like everyone did what they have to do correctly.

It does look like it is getting closer and closer, so that is a good thing, I don't know what will happen and when will it happen but I know that everything looks great for it. I personally think that we are not really doing that bad, but I also can't guarantee any success neither, I just can say that we are in a situation where I would feel comfortable about buying ETH right now.

Especially considering miners are getting less and less valuable, in a few years we are not going to have any miners at all. What does miners do? They mine ethereum, and they have costs, electricity costs and also they need to recoup their investment as well, which means they do end up selling their ETH in order to cover that cost. When miners are gone, there is A LOT less money sold on the market, because miners will not be able to mine so they won't have costs so they won't sell. That is why buying right now is a great idea.

There is no real connection but there is also relevance. If bitcoin corrects that much, it should mean that alts do something as well, doesn't 100% have to be the same direction, but it has to be some movement nevertheless. So let's say bitcoin corrects 40%, that means alts have to either go down 40% or go up 40% (numbers can change) but they can't just stay at the same price while bitcoin moves, that is nearly impossible.

Look at what happened previously, when bitcoin was about 24k and dropped under 22k, alts went under their prices as well, but when it was 34k and went to 28k, they all went up instead, so as you can see they didn't stayed the same, but they didn't go the same direction each time neither, they just move but it could be any direction. I personally believe there is no stopping them now, they are going to break over their all time high prices, specially ethereum.

Everyone call Barcelona playing horrible this year, and they were seen as one of the "bad" teams of the season, and everyone wanted to even sell Messi at some point to start all over again in order to get better in the future believing this is doing horrible. Look at the situation right now, Barcelona is 5th in the league, sure not a great place for Barcelona right?

Well, they have 16 games and 28 points, who is above them? Villareal, they have 17 games and only 29 points, one more point ahead, even with a tie Barcelona would be same points, with a win they are above them. Who is above Villareal you may ask? Real Sociedad, team that looked like they were at the top for a very long time, what is their situation? They have 18 games, two more than Barcelona, and only have 30 points, 2 more points, with one win Barcelona will be over, with even another loss, but with two wins Barcelona would be 4 points ahead. So long story short Barcelona is destined for third place already, I think they are fine.

I believe it will not go under 23k, not anytime soon at least, there are tons of people who expect that but I do not expect anything like that at all. However I do expect the price to be down time to time, not a crash but drops here and there time to time, that would be more about corrections and the corrections could get bigger as well. For example a 20% fall at 100k levels would be 20 thousand dollars, nearly the all time high we just broken, all of it will be just "correction" so people may get more shocked.

It was around 7k this time around for example, we were 7k AS A WHOLE at the start of 2020, we had a 7k "correction" at the start of 2021. So, there will be some corrections but you have to be ready that when price goes higher and higher, the amount of correction will be bigger and bigger, do not think they are crash just because the number is big.

I believe bitcoin will be doing great this year as well. Many people think that just because 2017 was a great year and 2018 was a horrible year, they think 2020 was a great year so 2021 will be a horrible year as well. I do not believe that, just because 2018 was a bad year doesn't mean 2021 will be neither, I think it will be the opposite, it will be even a better year.

I believe this year bitcoin will go over 40k, and even go over 50k as well, we may end up with around 60k or so by the end of the year which would be nearly the nasdaq market cap levels, still a bit way to go but it would be closer at least. That is where I see bitcoin price will be like. Since the huge corporations are getting into bitcoin with billions, I doubt that we would ever have a bad year like that ever again, we are not going to end up with such a fall because they will end up buying to keep us afloat.

I really do not care what the "price" of bitcoin does directly, obviously I care that bitcoin is loved and liked and everyone supports it, and that means bitcoin should be high price if all of those are true, and when the price goes down unfortunately many people sell and leave, which I do not want. But that doesn't mean anything for my own finances, it is irrelevant to my finances.

I mean I could have a lot more bitcoin or a lot less bitcoin and I know that in the end bitcoin will go up, you could have bitcoin 10k tomorrow if you want and I wouldn't worry about it. A friend of mine bought at 2017 peak and he was upset, a year later he sold all his coins, I told him he bought at the peak and he should wait years if he has to, and he didn't and got out, right now it is 50%+ higher than the price he bought, which is obviously a big profit if he waited. That is what I believe in.