You need to understand that incurring a loss is part of the game. There is no investment asset out there, which is 100% risk-free. But still, you need to remember a few things. You purchased the coins less than a year ago. Why don't you forget about it for a while and take a break of one or two years?

Earlier, the new members had a lot of restrictions and they were able to post only in the Beginners sub-forum for the first one or two weeks. This restriction was lifted a few years back and from that day onward the quality of the posts have gone down.

Bitcoin is not an anonymous crypto-currency and all the transaction records are available from the Blockchain. So if the government authorities want to trace you, then they can do it without much difficulty.

If this was really the end, then the number of crypto users would have nosedived and the exchange rates could have hit three digits. But as far as I can see, the number of users continues to increase.

Actually, it is not very surprising. During the 4th quarter of 2017, a lot of the alts became heavily over-priced as the speculators flocked to buy them. But after the big crash in 2018, this group is slowly dumping their coins.

First of all, Bitcoin is increasing its market dominance steadily and therefore I think that it may be a good idea to purchase some BTC after converting your alts (especially ETH and XRP). Other coins that look attractive includes ADA and NEO.

I am a big fan of Cardano (ADA), but I have to admit that NEO is being used more extensively than ADA right now. I hope that the situation will change in the near future and ADA will gain new users.

In the near future, a lot many of the altcoins are going to die and the market dominance of Bitcoin is going to increase. So if you are holding some of the less known alts such as Bitsend or GBYTE, it may not be a bad option to convert them to Bitcoin.

Right now, I can't find anyone who is using Bitcoin as a payment medium. That usage came to an abrupt end in December 2017, when the miners forced us to pay anywhere from $20 to $40 for making a single transaction. Now the fee is low, but not many are interested in making the payments.

Compared to shares and mutual funds, Bitcoin is different in several aspects. For example, new Bitcoins are being mined every hour. That doesn't happen with shares and bonds. Anyway, I have a feeling that once the user-base expands, the volatility may decline.

I don't want to comment on this. Although it may sound ridiculous, such spikes have occurred with Bitcoin many times in the past. In 2011, the prices went up from $0.30 per coin to $25 per coin. Then again in 2013, the prices went up from $10 to $1,230. And in 2017, there was a spike from $1,000 to $20,000 per coin.

Normally I skip those ICOs which require KYC. Because the scanned documents that we submit can be used for crimes. And if they end up with the government agencies, then there will be added scrutiny of your financials and tax returns.

Youtube may be an attractive option. But nowadays, Facebook and Twitter is getting flooded with ICO promoting posts and therefore I don't think that it can have a great deal of impact. The bounty managers should get innovative and think about unique methods to promote their project.

IMO, it can go even below $200, as the ICO market is in a very bad state. IMO, the fair valuation for ETH is 0.025 BTC. But earlier this year, it went up by 400% due to the popularity of the ICOs. Now the ICOs are down, and the ETH prices are crashing as a result of it.

It helped me a lot financially. Earlier, I had close to zero savings, as my entire salary would get eaten up by rent and household expenses. But once I started earning BTC/crypto, I could save some money and spend it without bothering much about the consequences.

Right now, there are too many alts in existence. In the long-term future, only a small number of these alts are going to survive. So it is not a bad idea to convert some of them to BTC (or even ETH). But at the same time, you should hold on to the promising altcoins such as Cardano and NEO.

Yes. We need it badly and we need it right now. There are tens of millions of users out there, who don't want to invest in Bitcoin through unregulated exchanges. Bitcoin ETF gives them an opportunity to invest in Bitcoin through regulated exchanges and funds.

Sure about that? One of my close friends is suffering from depression after he lost 30% of his investment in 2 weeks, after investing in ETH. And the future prospects looks bleak as the gas prices are touching ATH. If the gas price stay high, then the ICO creators will shift to other platforms such as Stellar and Quantum.

It seems so. When you are doing share trading, you have a vague idea about the direction of the market, based on the financial reports and reviews of the concerned companies and corporations. But in crypto-trading, everything is unpredictable. It is impossible to predict in which way the market will be moving (with some accuracy).

In this case, I have to support the government. This is a clear case of fraud. First of all, the sunken ship wasn't carrying any gold or silver. And secondly, the company is yet to locate the exact location of the ship-wreck.