You are actually saying the truth because you just end up finding out that no one is coming up with anything unique and it is becoming a clone or repetition of something that is already happening, lol. At the same time, having more than one project for similar industry will not harm anyone as long as they are not turning a scam.

We also have to understand that majority of it is based on the team and there is room for almost everyone as long as the team is ready to develop the product they have and introduce new features to it. Not every project is going to succeed, but based on the team activity and perseverance to make their project a success, it could make them stand strong.

Holding is not a bad choice and it is simply the best for any long term investor. However, in a market like this with a very volatile coins and tokens, I simply do not advise holding as I would rather learn how to trade long term so as to monitor trend, and then take advantage of the FOMO to sell off. It is just being more smart, knowing that either way, there is no market that is going to keep going up without at least having some form of retrace back down or correction as the case may be, and that is what I cannot just decide to overlook.

The fact is that nothing is certain and in instances like this, we can even start getting to see a rapid drop than anticipated which makes it so hard to see any serious volume in the market with a lot of traders staying on the sideline and observing how events will be unfolding. The downtrend is still certain and nothing to show we are changing that trend. Anyone who is making any decision in this market right now is simply gambling.

I personally will like to get to see a confirmation, but you also have to understand that holding it now and bouncing from it, does not mean it is going to end up holding it afterwards as we can still definitely get the instances of retesting it and breaking it anyway. We cannot say anything is a good opportunity yet, until it is actually certain it is, but for now, anyone who is trying to trade the market should be careful unless you are trying to go the long term way.

You are raising your hopes too high OP, and I would not be so sure yet until I am so sure. One thing is that bitcoin is unpredictable and a lot can still happen even in the short term. $50k at the end of 2018 is totally unrealistic and you are presently living in a dream. Do not expect every year to be the same and even if we are able to make any slight move at all, $25k may actually be the maximum this year would give. Of course, no one is sure of anything, but that seems more realistic to me.

Even though bitcoin was known for bringing surprises time to time, I feel it would be too hard to hit $50k in next 6 months of time from the current levels of below $7000. In November 2017 alone bitcoin moved from $10k to $19.8k levels, it was almost a $10k movement. If we get $10k movements for every month from now onward till this December then %50k still possible .

Why would anyone be worried about bitcoin's future simply because of some downtrend ?
This would be like a peanut downtrend eventually when bitcoin picks up back and recover to start a new uptrend. You should not blame anyone for putting all your money into bitcoin because any smart investor should know already that there is nothing that is guaranteed in this market and with its volatility, you can get to see some pretty quick movement, so blame yourself for that and you will only do yourself more harm if you cannot have the patience to wait for the future.

Bitcoin is going to find a trend reversal from the current levels of $6400 as it will act as a strong support zone. Hence keep holding our positions from now onward until $10k to $12k may produce remarkable returns in short term. These are all just based on my technical analysis but anyone must act based on their own research and analysis and also must be only after understanding the risks involved in bitcoin trading.

Anything could cause it, as there is nothing really we can point at.
The market for some days and months now has been in a huge bear market and even though we may want to look for something to justify it, it just seems the smart money is not ready to give it a push at all.

For changes in price, it is normal to see some level of uncertainty in a market during this period and that of course should have been gotten used to now. There is low volume, the market is going down, and most traders are out of the market until there is a guaranteed movement, so it is normal to see sideways movement in cases like this.

Talk about FUD and reading headlines only and coming here to make flimsy excuse or things that are not right just to make a claim. I have been promoting blockchain technology for over three years and I was never banned and those who were banned may have to give reasons as to why this was so for them because Facebook will not just suspend an account without you doing something against their rules and policies.

Secondly, Facebook ban on ads was not for bitcoin's downfall and definitely they are not so dumb like some of you are not to know it would have little impact, however, it was obviously not their mission, but the essence was to clean up the ad space of scam ICO advertisement which I believe most of you simply are not getting and if you have really been using Facebook.

You should have seen by now, that only legitimate ICOs are being allowed to run advert after verification. You guys should just stop all this unnecessary and baseless theories that only you know where you got them from.

Whales most especially are always the ones using the other methods to manipulate the market. One way they create FUD or FOMO in the market, and since they are always going to be at advantage due to their position, then it makes it so easy for them to do their thing.

I believe a lot of things will change over time, and possibly we may get to see how things eventually end up turning out, but for now, I guess we will have to just keep accepting what we have and living with it, but whales really manipulate the market a lot and sometimes, I always feel they do not even use sense in doing so, since all they are after anyway is to make huge gains and they bother less about the growth of the space.

On what basis is it going to be rising? Based on real demand or fake demand that some set of people just bring up to cause some moves in the market. The same set of people who are buying hugely and creating pumps are the same set of people who are dumping. This is a growth hindering process as most users will apparently stick to the fact that this is going to be more like a money making stuff without the real usage coming into play.

We need to see real demand, people using it for their daily stuffs, the market cap increasing based on main stream adoption, and that is what would really help and not just some speculation here and there.

I even do not understand why anyone will ever want to listen to someone who practically supports centralization and I do not know why such a person should be paid attention to.lol. For sure, he is simply looking forward to those days where he and his team will be able to manipulate ripple as usual so others can start seeing the idea in their head of bitcoin losing dominance. My opinion is never to listen to anyone, just focus on what the market brings if you are trader, or hold whatever you believe in if you are an investor.

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Well, who does not actually hope so? Most especially, those who have sold at the peak would always wish that to happen. I remember how the bears were ranting few months ago, opening threads and giving a lot of FUD statement. The thing is the fluctuation is what makes the trade and if that is not there, there will be no advantage to make use of. Like you said, those with huge amount of money will never buy at the top, they look forward to a very sweet moment to get into the market and that is always their target.

I believe there would always be project ideas, new companies springing up and this would make ICO to keep coming in the long run. However, I am sure with regulation globally; it may actually reduce a bit as we will get to see only most of the licensed one’s going through the whole ICO thing. Just the same way we have always had companies and an idea springing up in the real world and people investing in public offerings is the same way this would go on.

Altcoin is a risky but some still do have a lot of potential. I invest into altcoins from ICOs anyway, except for just few that I may have missed which still have a lot to give. I invest mostly 60 to 40, bitcoin to altcoin ratio, since there is much altcoin to play around with anyway. That at least gives my whole investment a boost even when the altcoins are not doing pretty well.

Moreover, we have to face the fact that altcoins are really not that easy to tamper with based on their volatile nature when things really want to get awry and it usually take those with huge support for some not to fall back down hugely. So, in some cases, I actually do go into bitcoin 100%.

I feel it still depends on what you want to do in the crypto world though. You can save up some money from your real time job and learn how to trade while finding means to practice during this period and who knows, as time goes on, you may end up making shit tons of money from the trading that you would rather want to concentrate more on it than normal day to day job. However, it is important to find a way to blend the two, to be sure before making any decision at all.

The greed may be a blessing only if you know exactly what you are doing. A market at the tip already forming a bearish divergence and not selling to get out of the market with a stop loss above the last peak and with a mind of taking just a little risk in that case. One thing I know like some have mentioned is that, there is no way you will know what to do in a market as long as you have your pattern and stick with it, than to ever get greedy. You may not be selling at the right spot, since you obviously cannot time the market, but at least, you are still making profit.

As simple as that. Bitcoin still have a long term chance a lot more than all altcoins and at least you will want to guarantee the lifetime security of your asset. Policies can change that can affect the general altcoin market as a whole and you really want to be very careful which altcoin you are holding as well.

The thing is that I personally do not invest long term in altcoins, as I mainly trade them and follow their trend based on the specific ones I know I am safe with, and with that, I am always good. If you cannot trade though, it is better you hold coins that have strong support base and would at least keep making you happy to see how far you have gone even in a downtrend.

In fact, let's even take a good look at the likes of how Zimbabwean citizens were so fast to embrace it as a result of how troubled their economy has been and how it has been so hard to even survive in making deals in the international world until recently that the government is trying to put a hold on that by stopping some of the exchanges bank account like Golix which is one of the top exchange there.

It is absurd how the government really do not want the people to be liberated but at the end of the day, this obviously has proven over the years to help the citizens take hold of their own spending without relying much on the government.

A lot in dire need of it. Like someone said while reading through the thread, in some few years from now, most of us who have aged enough to understand the way things have been in the past years with the experience with the banking system and other sectors, we would wish this technology has been in existence for a very long time ago and in the next few years we will end up wondering how we ever lived and survived without the blockchain technology. This is a great evolution that is going to be changing a whole lot of things positively.

In fact, holding is even more risky as you stand to either profit a lot or lose a lot in the long term. Traders benefit more from the fluctuations in the short term as well as the huge increase in the long term as well. I got into trading because I could not look at my portfolio going up in huge percentage and coming back down in huge percentage when I could have taken advantage of that to hold more position in those coins to have a huge increase in the long run than just holding all through.