I don't understand how you related hash rates to the current price for BTC. I'm pretty sure that like every other coin out there, BTC price is determined by simple supply and demand though. Even if we do think of Rational Price as something different from normal price, determining it based on Hash rates seems to be wrong. The recent news and events affect supply and demand so if we kind of force it, we can say that it indirectly affects the price and thats quite a legitimate explanation.
Besides, Miners are just like us, speculating on BTC price. I doubt they could set the price of BTC depending on hash rates involved even if they wanted to.

Summarised what I felt. Like really, If the forum or even crypto itself was new, I'd understand. I'd get it. There weren't such cases or there weren't enough clues that could lead to that since everyone just wants crypto to progress. But hell, it has been a decade already. A lot of cases as such have been done already, and a lot has already fallen victim and has spread the news about it. Why are people still falling for it? Even in normal trading, a 150% gain is almost impossible to give to an investor, let alone in crypto. OP was way past being called a newbie, I'd agree to a comment made here. It's close to the point of him being called naive instead.

Long story short, Stop looking for short term profits where projects give out more than a 100% return. If your gonna go and let others trade for you, well DONT. No matter how much time you need to learn, thats a lot better than letting a third party handle your funds. Go learn and trade yourself. At least if you lost, you have nothing but to blame your lack of analysis. If you lost it through a third party, thats worse, you have nothing but to blame your stupidity.

Indeed SKT vs IG again let us show them. The finals last time was disappointing since IG basically dominated FNC. FNC has talent and strength but they always choke when they are needed the most. Like now, They friggin got dominated by FunPlus Phoenix which was really disappointing. I was rooting for FNC this year but they got destroyed before even facing their enemies last year, IG or even before facing SKT. They choked really hard this time.

I'd guess by don't reach to the fluctuations means don't panic? As traders, we must always naturally react to changes in the market since our plans that we have set may be changed depending on the market fluctuation. Besides, Reacting is not solely limited to panic buying or selling after all, so OP's topic may seem a bit confusing.

Although I get the idea, those that panic in face of fluctuations are either short term investors or those that are newbies to trading. Most people who have experienced HODLing over the 2017 bubble should be already quite experienced with such fluctuations and should be able to react positively to such events.

Indeed, get a specialist. You need help. Like immediately. It's like you lost the basic inheritance of a human being who learns from his/her own mistakes.

There is actually a statement, specifically the IRS 2014-21 where all virtual currencies are subjected to tax still. Therefore, stating that buying using BTC or any other crypto, is in fact, still liable to tax. As for the specifics, I don't really know but the 2014-21 already states that existing tax principles apply to transactions using virtual currency. The taxable events are Cashing out, Paying using crypto, Exchanging one crypto to another or Receiving mined crypto. These are some I just looked up in google and you can search for more information if you want specifics.

I concur. Corruption and intential loss of games are most often than not happening already in a few types of sports here and there. Though I'd have to say that sports betting can't be really called gone, well at least not yet I think. Sports are pretty much the passion of and the entire lives of players already and well, Players being corrupted can be solely attributed to personal reasons or at the very least, influence of a bad manager.

I like the Idea of OP with the safety net. Having to take your losses and implementing a plan to at the very least recoup your loss should be a basic plan of a gambler. Especially if you're calculating the odds yourself, since everything is basically on your hands. As for making a living with sports betting, I'd hardly doubt it though, I'd rather advise be a sports analyst or sports commentator or something. Could be a lot more useful and your research could be quite entertaining to other people.

Yes. The rise and fall didn't really warrant a surprise. The rise was surprising a bit because it rose after just a few hours in contrast to my belief that it would gradually rise though. The last fall happened because of a sudden dump of coins in some exchange that resulted in exceeding the demand needed, and that's why the price adjusted itself normally. On the other hand, the rise could be about the recent news of China or the one about Bakkt, or it couldn't, but the price was way too much and seeing from now, its gradually stabilizing, going back to its average price where the market could fully accept it, for now that is.

Maraming murang Altcoin lang pero expect mo na either super tagal bago ka mag profit or maybe even never ka mag profit. Walang magandang altcoin na iinvest na mura kasi risky, pero same risk ka rin naman dun sa ibang matataas. As for altcoin season welll... It depends? Masyadong maraming tao ngayon yung nakaattention kila BTC since the halving is pretty much half a year na lang. Mas maganda na mag BTC ka na lang since sure na may profit, since basically the same lang sa altcoin since di naman often na makikita mo na super laki mag taas ng price ang mga alts.

Interesting. The rebalancing idea got me but there are still a few questions lingering like is the performance done by the automation accurate? Is it possible that it may not be able to rebalance? Like when BTC goes to 40%, where would it get funds to retake it to 50%? From the previous example lets say, it would take it from the LTC one? but then it would make the LTC balance go down right? So doesn't that mean that it would need my funds to maintain the balance? Does that mean that I would leave a certain amount of balance in the automation that would automatically be used whenever the coin is imbalanced? What if a market crash happens in a slow amount of time? could that possibly lead me to a loss instead? Not gonna lie it sounds an interesting idea but I'd rather have beginners study how to trade themselves before using such bots. Imo, such bots are better used by those professional traders since they could think up of many complicated situations that would require more assistance than what a bot can provide.

Indeed. Its questionable why they are even here in the first place. Its been so long since BTC has existed and people still believe that with its influence it would drop to 1k? even 4k is an underestimation of what BTC could do. The drops happening of late is just a part, not the entirety of it. BTC would bounce back up and most of us have already recognized that the latest drop was a manipulation of the whales or at least close to it. Even the bouncing back up recently was quite unbelievable and I still believe it would go down and stabilize around 8k - 8.5k$.

Not really surprising. The rise was way too unnatural and the market naturally wouldn't hold that up without any foundation. It seemed kind of heavily manipulated after all and being manipulation as it is, would only result in a temporary uprise and would slowly stabilize until the market could accept it. imo it should stop going down by 8000$ or so. Should be a reasonable margin for the market to accept since the last dump made it go to 7500 and the latest pump made it go to 10k dollars but almost immediately went down after, so yup.

Well, its a matter of perspective to be honest. Fiat is still quite useful to us now since its a nationally accepted medium of trade in the world. On the other hand, if you look past its usefulness, for now, it is actually riddled with holes. The fact that the government freely reproduce fiat leads to national debt growing ever so much and we don't actually have the capability to pay it off, leading to a huge negative on the debt. There is also the factor of corruption, wherein the end, the government is at hand. Plus, there is also inflation to think about. I honestly thought money was just money in the past but ever since being part of this community, I've seen a lot of how the background of money works and whoa, I was lied to. By quite a lot not gonna lie.

To be fair, lahat ng scam is nakakasira sa image ng crypto. All types ng loss regarding sa money na napupunta sa crypto is kinasisira niya. And we can't really do anything about it since walang nag cocontroll sa crypto kaya pag dumarami rin yung mga users, dumarami rin yung mga hackers. Its kinda both the negative and positive of crypto at times talaga hahah. Kaya nga concentrated yung mga warnings and tips sa mga users themselves since most of the time, pag nawalan ka pera, it probably is your own fault na lang. Crypto is good, don't get me wrong. Pero yung fact na decentralized siya is what makes it scary sa eyes ng mga non-crypto enthusiasts/users.

Yea. Pretty much we can relate it to everything we want, to new releases, inconceivable updates by companies, new creation of exchanges and such but movement is strictly still related to.. well.. how it wants to move. We can derive a lot of possibilities but the answer will always remain a mystery. Although we could still assume movement prices to recent events since it could potentially move it, but at the same time theres a risk of it not being able to move the price.
You can't really say that since there's no proof. Even if BTC did increase as china announced its strong support for blockchain development, we could also say that it was due to me taking a coin out of my wallet right? Even if you say there's a difference in reputation, there are also a lot of events that are made by other famous personalities or companies.

Ngl, I totally believed kay Bakkt na maaffect niya yung BTC not in the short run but rather in the long run. Never expected na after just a few weeks mag popopoff siya bigla ng ganito. Maganda naman siya kung tutuusin, naoverhype lang talaga siya ng mga tao kaya super high ng expectations nung lumabas siya. Although di ko masyadong icocorrelate yung pagsoar ng BTC sa kanya. May part or reason na dahil dito oo, pero alam naman natin yung market, its pretty much unreadable. Meron ding usap usapan na si China ung nagpasoar kay BTC, yung pagrurush ng China sa blockchain tech. All in all, masyadong nag soar si BTC in a few hours, so I expect na mag sstabilize siya around 8.5k or so bago mag move sideways sa chart. I believe na maiinfluence pa siya more ng Bakkt in the near future though.

In general, well, you could call these so called tools as helpful. An example would be tradebot which you can set aa to which time it buys BTC or time it sells BTC. It is entirely dependent on your way of life or how you invest in determining if these tools are helpful to you.
You can depend on these tools, but it's a lot better if you create your own with the same concept that you would like to ensure a 100% accuracy in what you want to happen.

Well, we can't really be sure about how the price pump suddenly happened. Could be as you said, china's involvement, some said it was Bakkt and some said whales' manipulation of the market. One thing could be sure though, such sudden pump would see a stabilization in the near few days since it seems such pump has no foundation to stand and retain its position. I'd expect it to go back to less than 9k and stabilize its price there.

I also saw some news regarding the correlation between something happening on China vs USA in crypto which caused the price pump but im more inclined to believe the news about Bakkt when comparing the two. Some threads have been discussing how Bakkt reached a new high in its trading volume which may have indirectly caused the pump.

I doubt gamblers would recognize such risks or even bother to read them since they believe in themselves that they already know what gambling is. It's kind of like how you know smoking is bad yet you still do it. Kind of a form of stress reliever and enjoyment for themselves. Sadly though, gambling is most often, if not always, seen as something negative which is why gamblers themselves have this same mindset even though they do this themswlvss, causing them to incur addiction to themselves.

Marami rin kasing nadisappoint sa Bakkt dahil sa walang immediate effect sa market agad agad nung pagkarelease but alam naman natin na long term effect yung pwedeng mangyari sa case ni Bakkt. Medyo nakakatakot pa rin though na paniwalaan yung sudden pump kasi masyadong sudden without any possible clues na magpupump ng ganitong price bigla. To be fair naghohope pa ako na magdrop para makapagstock pa ako ng coins but it turned out otherwise hahah. Hopefully, bakkt could still show the same results sa future para isa rin siya sa makakatulong na makapagpush si BTC sa another ATH