This is a weakness that is common with so many human being which we cannot completely take away from them and no matter how much they try to control it personally, it will always find its way to them, We are all greedy but the only way we can really control our greed is first to decide to control it, after which it doesn’t end there, when it comes to trade.

There are so many tools that have been created to help control our greed like the stop loss tool and take profit tool which is what I have been using to control my greed. Anytime I enter my trade, I make sure that I set my stop loss tool and then my take profit, so I dint get to be tempted when I am directly watching the trade.

The only way for him to trade without having to use technical analysis as a newbie is just for him to temporarily be an holder like many of us because trading has no other simple way to go about it other than studying charts and maybe 1 or 2 other technical strategies, except you just want him to be entry trade by just randomly assuming.

I have done this several times though but it is quite too risky, that is why I am always careful in making a guess trade, but for a newbie, he should be an holder first pending the time he learns how to read his charter and able to make a decisive trade that will not go wrong for him.

I think he is right, I know we are in crypto space and we are cryptocurrency lovers, but sentiment aside, stock trading is a whole lot more predictable than crypto trading.

You know that stock trading is being controlled by government, and there is no chance for a whale to do anything strange with a large fund, if an investor drop money in stock market more than he should, he will be arrested, so there is no fear of someone crashing the price at any time with large fund, which makes it easy to react to market fundamentals exactly the way it is being presented in the news.

I learnt that they have officially announced their liquidation, that is so sad of them, I guess what the hackers stole if far more than what they even declared for them to go down easily that way, because if they were that very big as they claim, why has Binance not dissolved too when what they stole form them is not even up to the half of what was stole from Binance.

I really winder what will happen to the funds of people after liquidating, will they refund other people’s money or what, because I have never really been in this situation and I really don’t know how they intend they go about this.

Everyone with their own opinion, ripple is truly given too much hyping for a coin that I term a centralized coin. What is the usefulness of ripple really to the community out there that it has to be compared to bitcoin.

I am so optimistic that very soon, there will be so many coins that will displace this banker’s coin from its position. Utility wise, it’s not performing well, investment wise, it is not performing well, and the only thing I would have seen the usefulness of ripple for is just to serve as stable coin, which is why they should just convert it to a stable coin.

One thing I have learnt a lot in this market is that, while everyone is going same direction, I should go the other way, which will definitely be the turn that subject matter will take. I can see that virtually everyone is saying something bullish about XRP lately.

I think it’s high time I sell my ripple because I can see a very big dump for this coin that is using hype to climb the success lather and not the product they have. It’s been long I have held ripple, and I have not much see any usefulness for them, utility wise, Bitcoin and ethereum is better, investment wise, bitcoin and ethereum is better.

They are only goo to point you towards the direction of knowing which project is trending and what project to invest in, the only thing those ICO projects has been helpful to me for is that, I am able to get the gist on already concluded projects, upcoming projects and projects that are presents in, which makes it very easily for me to be in the loop

One thing I can’t completely rely on their rating to make my investment decision without first researching personally too on those projects, since they collect money to do some of those things and I learnt that majority of them even pay for reviews.

I don’t really get you, isn’t this the time that traders are even advised to go into trading now that the market is become more  bullish, would he have traded in a bear market or you are confusing a trader to an ordinary investor?

Anyone can trade bitcoin at any time, and now that the market is becoming more volatile, there are lots of dip to buy from and lots of high to sell. He doesn’t need to abstain from the market, all he needs is just to learn thoroughly first and develop the strategy he will apply to his trading which is a necessity, once he can get all these things right, then he is very good to trade bitcoin at any time.

I am 100% in support of your advice. What he has is what many people is hoping they have access to now for them to invest in bitcoin, especially now that we are already in the Bull run of bitcoin and the next 2 months of holding bitcoin will really have a very big increase.

I understand he has his commitment in 2 months, but it is better he leaves his fund in a market we can all attest to its increase within the next 2 months, than other markets that doesn’t have any guarantee of coming out of their dip till we see a proper bull which might take another 1 more year before they can increase the way bitcoin is increasing now.

What happened to bitcoin recently is not a strange thing to me as I expected it to happen exactly the way it did, so I am not afraid of the event because I am sure that bitcoin will recover again, that is why I don’t listen to much of people’s opinion, we all have our investment decision to make and it is better we are responsible for the outcome of our decision rather than making another person responsible for it.

I have made my decision to be a long term holder, and no matter the dip or increase I see now, it won’t really move me to taking any action until the bull run gets to its peak which should be the time we will see this new ATH.

Yes, if you see many people advise that we always buy at dip, this is the opportunity that has been giving to those who wishes to buy at dip to do so, because from this dip, we may never be able to imagine what the price of bitcoin will shoot to, and once we miss this dip, we have to wait for another one which may never be at this price again.

I am sure that within the next 2 weeks, this phase of correction will be over and we will be seeing anther speedy uptrend in the value of bitcoin, before we can see another dip to buy again maybe when the price of bitcoin gets to $10k and we have $9k correction.

I am sure that this price won’t become reality until the Q3 of the year, it would have been very possible if we are to rely on the momentum bitcoin has been gathering to break barriers for the past one month, but because of the pull back that will always be present at every barrier, it makes it impossible to have a full stretch momentum without a pullback which I still feel it is quite healthy for the market.

So, with this slow and gradual increase in price of bitcoin, we might get round September before we successfully break the barrier of $10k that I also believe will cause panic buy for people.

This is also still a misery to me and your write up has typically expressed my mind completely about the situation. Most of us just see altcoins move along with bitcoin, and most especially altcoins at the top marketcap, but we have not really wondered the relationship between them. Some even believe that people sell altcoins during bitcoin bull to buy bitcoin, but if they do, alts are meant to dump, but instead, they are pumping.

The only explanation I could just get for this is that when people see that bitcoin has started performing, they quickly join the train so they don’t miss out and in the process of doing so, they also feel like diversifying, which their focus will be on coin at the top market since they are still the only alts that are following bitcoin run for now.

You see, anytime a project developer points accusation finger to hunters of causing dumping, it makes me first see the team behind the project as an unreasonable people which make me first judge their projects as one that would fail in future, because if they have the ability to reason far.

Most of them will realize that what they pay to hunter will be impossible to cause dump even if all the participants sell. It is just like recently that Binance lost 7000BTC and people thought it will cause dump for BTC, but in the real life, if you calculate it and compare the ratio to the total market cap of bitcoin, we will see It won’t go far in causing a dump, same as allocations for hunters are so insignificant compared to the bonuses they give to investors which is what they need to cut down.

I have seen the news several times and it is simply just a way of gathering people’s information which I am not too comfortable with, because what would they stand to gain for just giving out $25 for free for a KYC if they will not really benefit something greater through the information they have gathered.

I know the greedy ones will definitely sell their information out without asking what the information being gathered will be used for, anyway, they can keep their money to themselves, I won’t sell my information out until they really give a clear picture of what they really intend using those info for.

I think indirectly, the project he is hammering on is obviously going to be a fork which I really don’t see any much sense in it, and I don’t think this project is associated to the normal phoenix exchange because I can’t also see any link to them in his parable messages.

If he believes that other forks of bitcoin are just imitation of bitcoin and they are not performing unto standard or even strong enough to compete with bitcoin, why does he have to bring out another fork again? What is the point in always trying to copy bitcoin when they all know that people will always recognize bitcoin even if he claims the coin will not be little bitcoin.

I see him just trying to brainwash bitcoin believers into believing the BTCP isn’t coming to competing with BTC, meanwhile, it’s trying to do exactly what others knows how to do best.

Do you really think they will need Durant from now on? I mean they are 2-0 ahead right now, there is technically 5 games left at most, even if it goes to 4-3 which I doubt it will. So that means warriors only need to win 2 more games in the next possible 5 games, I am pretty sure they can manage to do that without Durant. However, the question is if you do not Durant now and rest him to get better, how well will he be in the finals after so much rest ?

Well, I think he is Durant and nothing could go wrong, he is the best scorer in the league right now and he can do whatever he wants even at his worst he is better than iggy and if he feels tired you can bench him whenever you want. I am voting for keeping Durant resting for the remainder of this series and we will see about how it goes when finals come.

Some people can spend all day on gambling even when they are playing for fun, this attitude is the major cause of addiction. Last year I met a friend at the casino center and everyone around knew him to be very popular around there. I learnt he wakes up and leaves when it is about time to go to bed and within that year he was lucky to win a huge money but because of his uncontrollable gambling attitude, he ended up playing again with the money and lost it all.

It is good to learn how to gamble and the right ways so that we won’t make mistakes that can destroy us. But to spend daily expenses from gambling is totally impossible.

Many investors including me are seriously eager to see bitcoin see the last ATH of 2018 soon and even see it break the barrier, but what I am thinking is that it may not be fully possible until next year. For me, the highest market capitalization I see bitcoin growing to is about 500 million dollars this year, that is like double of what it is presently, which takes us to around $15,000.

This should be healthier and more realistic; the reason why I wouldn’t want to see the last ATH this year is for bitcoin to carry this development over to next year.

If you check the data of those that bought during the last ATH, the record is so high that if bitcoin sets its foot on that ATH now, it may damage the market as a lot of them are really targeting that value for them to pull their fund out, but by next year, we would have seen other fundamentals that will be ready to counter or balance any move by these people to dump hard on investors.

Now that the market is very impressive, I think the best opportunity for us who are already holder is to encourage those who are the holders of bitcoin to start investing.

The little job we might need to just do is to all collectively create the hype for it by spreading all these positives news, so that many of the investors that has left the market during the last bear might come back and large industries can make haste into pumping big money to grasp from these green market. Some of us have already had enough investment and we are already at the peak, so we just need new investors now in this fast rising bitcoin.