Lol I think we got too over our heads thinking the ETF will change and we will have that and the price will be insane with the billions of people investing and hedge funds diversifying into bitcoin as well and we will reach to trillion dollar in market cap. It won't , not that quickly.

Not before everyone who greased their hands with right people have enough bitcoin, when they all have enough bitcoin and when they are ready to sell properly without dropping the price and actually having some sense of future profits ready and set... well only that will make ETF ready to be approved. Otherwise it won't happen that easily.

Single individuals usually do not affect the market all by themselves. However trump... trump is different, if we are talking about bitcoin economy, he may be mediocre, nothing huge, not a game changer, whatever he does will not affect the bitcoin and crypto economy that deeply. However if we are talking about USA economy and World economy that is a real pickle. He has once again as all republican and rich presidents have done eased the taxes on rich. Which in return should be applied for them to spend more and pay more and create an economy downwards. This has always been a short term answer to republican way. However I doubt it will be a long term success because it always fires back. When that happens, yeees bitcoin.

It would only work for us people who have hoard bitcoins to be honest with you but having a lot of money during a crisis is not something to be happy about because everyone around you is going thru horrible times and people are getting laid off and it will look like you are living in a dystopian future of fall out (well not that bad) and you can't be happy that bitcoin reached even 100k dollars because everything around you is falling apart.

We need a strong economy globally which may hurt bitcoin a bit but it will also raise everyone together instead of individuals. Just think in reverse, when individuals are wealthy then they may think about investing with bitcoins which will lead to bigger value for bitcoins. Always a healthier economy is preferred.

People have been comparing bitcoin bubbles with dotcom bubble for about 8 years now. How about we call it what it is ? Crypto bubble ? It is something itself. It doesn't matter that it fell because even on dotcom bubbles burst we see that some of the bad ones fall apart however today we have biggest companies as tech companies, look at apple which was the first company to hit 1 trillion dollar valuation in history. Bubbles can be bad but it can be very helpful of dropping the dead weight of bad scam coins and keeping the good ones and making people invest only on those which will help us get them to higher prices a lot quickly because the focus is on less coins.

I used to believe in martingale but on dice rather than roluette, I never tried to gamble on roluette to be honest because of the zeroes, if I saw a roulette with no zero than I might have given a chance at that too. Seeing how the chances are similar I think my dice gambling with martingale can actually be used as an example here. I used to gamble with about 1 bitcoin (back when bitcoin worth like 150 bucks) and made it to 2.2 with gambling either 0.01 or 0.02 start and just martingale my way to 2.2 btc.

I felt that martingale was the best strategy and I could never lose with this. However I was left with zero bitcoins as soon as I hit a streak of losses (I think 17 in a row? Forgot the actual number). Martingale works almost always, except that one big bad loss streak.

Actually ETH is in the phase of recession right now and it will keep on loosing some more value until it start the recovery again. The falling prices does not mean the end of a great and advanced technology and just represent the fall of the market for the time being and will recover again soon. Hopefully in future, the values of Eth and Bitcoin will coincide. This is believed that ETH might outshine bitcoin due to its highly paced technological growth.

When lst time bitcoin was increasing toward $8500 levels most altcoins faced downfall including ethereum which indicated the trader's mindset like they are selling off their ethereum savings and moving that money into bitcoins. In past, regardless of bitcoins growth or down fall. ethererum showed good rising but in current scenario which is miserably missing out.

Well, this is a very easy pick if you have some good knowledge about the market. Altcoin are all very good if they have great project on their back but among them ETH is the best. I would go for ETH and would hold it for long term because it is one coin that has the ability to face Bitcoin in future and might even outshine it as well but that will be long from now. Since the value is down, buy, hodl and sell high to earn and make big money.

After few highly established coins, if you look into some other coins then waves, ada, electronium, rdd, bitsend are having chances to give us multifold returns by considering their current price levels. Yes, these coins are trading right now under their actual worth. Oversold zones are always good to buy as recovery will be quicker and sometimes, we may get instant profits too.

That is what many people among us are expecting to cash their coins when the prices are high in the market again. I think the market value will not fall anymore and we will rather rise hopefully. The price is a bit stable and on the average, rise is more than fall in the market because of the invisible hand operating in the market that has made it possible to carry away Bitcoin out of the recession to the boom. Moreover, investing right now will okay off more than what we normally expect of our investment.

Earlier this month bitcoin etf was rejected but some other way of trading bitcoin is being considered like bitcoin derivatives with one day settlement features. I guess if that happen before October and bitcoin etf then we may have up trend. But I guess we cannot expect that to happen in the remaining half of this month.

Right now the market is not so bearish and not bullish as well. We had this rising trend in the market few weeks ago and the price had risen up to more than $8000. It was thought as the start of the boom but it the prices dropped again. The fall is considered a momentary one and that the market will again take the pace to recover and improve. As soon as we get close to December, we will start witnessing a rise in the whole market.

When more people are into buying at dips, I guess we would not have experienced the low below $6000 levels. I am expecting the bear trap as market remains calm and high volume which may lead to another bounce back toward $7000 levels and then to previous short term high levels of $8200 also possible if sustaining at current levels persist.

The first factor that motivated me to invest in bitcoin was its liquidity which is the ease to convert it into cash. This gives you a quick way to exit the market when you are not interested in the business after investing. Secondly the profitability that is the one and only goal of every investor to maximize the worth of his investment. In case of Bitcoin, this factor is very influential and effective.

Finally the risk attached to investment which is very low and down in case of Bitcoin and keep you safe and secure. These are the three factors that helps make a coin the top coin in the market and that is the reason why Bitcoin is on the top of the list.

Nothing there to feel bad on OP. It is common for any trader to commit mistakes accidentally while trading still OP came up with such a discussion to enlighten this community. Hence we must appreciate him for the time he took for sharing his experience. I must agree with you that others experience is our knowledge if we fail to learn from them then we may get enforced to commit those mistakes while trading.

On the other hand, it is always funny when people always assume that sharing knowledge/tips like this will always help them most of the time. The thing is without any knowledge on how to trade effectively, no tip will ever help. Being a trader is not something that you will need a tip for and most of those tips will come naturally if you do know exactly what you are doing in any market based on your trading knowledge which makes me agree to the fact that following any of those will simply make you safe from losses.

Yes, that is a bad habit and we have to get rid of this bad habit because it causes stress and hopelessness. The important strategy is to focus on benefit only on the other hand looking for the future predictions will waste our time. Furthermore we have noticed many downfalls from the start of this year so we have to forget about price judging but the important is your benefit which is to buy or collect more coins in this market.

Trading style will not count toward building us as a professional trader but how much we are successful with our style of trading. Most traders are good to find out the entry but failing to exit on time. This may happen due to emotion failures like getting greedy still the trading style is the reason for their failure and must need to focus on that to find success with trading.

Whoever does not want to take it should leave it, but you are right, there is no way math can help anyone to win in gambling. Yes, any mathematical strategies are not good enough to pass through those millions of possibilities and this is the reason why our gambling strategies are good while theoretical and not withstanding in real world.

This is a game of probability and that is the only way the math part come in, which we all know that probability is the extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible according to the dictionary, but that does not mean the effect is liable to occur by all means as you are still predicting anyway to an outcome you do not know what the future hold for it.

This is a basic idea we need to give novice gamblers that nothing good can be achievable from gambling. If you get in there, there would be disrespect, shame, regret, loss, money wasting and much more that belongs to evil family. This genre never ever going to cover any positiveness. So don’t just make your heart believe on this false concept and don’t ruin your life and your family member's life.

Gambling addiction is happening with different reasons but the core thing here is, when we gamble continuously then we may get addicted and then we will get suffered. Avoiding loneliness and keeping the peace of mind may help anyone not to go to gambling. Yes, we cannot avoid addiction after getting into gambling but we can save ourselves by not at all gambling after understanding its cruelness.

That is really the best thing. There is one thing with evaluating, which is the fact that it sets you on motion to keep going on and moving forward while most of the time doubling your bet, and in this case I am referring to the likes of strategies i.e. martingale which with that, based on the perception you have about gambling can easily make you to lose it and keep pushing your luck even when you are seeing the glaring signs that the platform is set to drain you at that point. When we cannot avoid continuous losses, why not we just quit and keep calm. Make that decisions before it will be too late because many addicted gamblers never find routes to quit.

I don’t choose any one, I do things depending on the situation or however it may turn out to be. Though mainly what I do is trade with my Bitcoin, HODL and sell when the time is right just for me to make enough profit. When it comes to using Bitcoin for buying things online, I do that too but on a random basis, I just buy whenever I happen to be a position where I have Bitcoin and something is being sold for it. So I don’t have any choice here.

In the year 2013, I was new to crypto world still I waited for months to buy bitcoins at relatively lower prices (I bought few bitcoins in the price range of $220 to $350) but all were in 2015 only. I am mentioning that because when we are ready to dedicate some of our time along with hard work then we may achieve anything and need not to be fixed with only one thing.

I have used forkdelta twice and all went good except the waiting for network confirmation and the assets becoming availble for trade.

Yes, what I felt while using decentralized exchange, it has become possible only because of the platform provided my ethererum still we need to move funds into exchange's addy to get ready for trading and for security measurements we cannot use our actual addy to load funds with exchange hence lots of movements are included and if you do not include enough gas then you may enforced to wait to get your transaction included into blocks of etherieum.

If you are trading when ethereum network is over congested then I like to suggest to include more than enough gas for smooth and quicker trading otherwise you may need to wait for days and the bid/offer may not available when you will be ready to trade.

Still, are you sure of what you are saying? I think cloud mining is just for those that don’t have the equipment for mining direct, so they go for cloud mining and invest their money and at the end of the month they get paid a certain percentage or so. I’ was looking forward to doing that until my friend who was into that told me that profit no longer comes from it. But I don’t know yet, my intention was to invest through him and at end of the month he would give me my share of the earned profits.

Bitcoin mining may not be profitable for current price levels and profit calculations but if you mine and hold them for years then you may become a multi-millionaire but to cover the present running costs you must be millionaire now itself. Yes, bitcoin mining has become a industrial level business not suitable for small scale.

I’m not a kind of person that likes to read long articles, this is too long you should have tried to compress it and make it easy for those who don’t have time to read long posts, I just got exhausted at the half of the line. By the way, I just saw someone that made a good point here and that is– charging too much tax and more regulation won’t stop the inequality.

Another point is that bank will not give you loan if you need it for building a business, they will only give you when you already have money, means without surety and collateral no banks will be offering any loan. This must be the prime reason why inequalities are rising everywhere.

Basically, any country that is taxing cryptocurrencies actually see it as a legal entity, otherwise the tax will not even be there in the first place. However, coming to the point of paying tax, it is not a bad thing, but the thing here is as long as they are easy on the tax levy, and they are ready to not just want to mean with the tax policies, but rather see how the growth of the space can be beneficial to all, I do not have any single problem paying.

When we are the responsible citizens then we must pay taxes for the welfare of the whole country and we should not look for ways to escape from that.