Thank you for pointing out all this remarkable time and prices and it is truth that bitcoin has passed through this same way in the past.  I don't think that for those that buy bitcoin when it was $60 and are holding up till now will start to complain that bitcoin or their investments is performing badly!  Most people did not know the right time to buy bitcoin and that is why they are losing in bitcoin investments and trading.  In future this same pattern are going to play out again and those that are smart enough to buy at the bottom and sell at the top are the one making money from this cryptocurrencies market.

I bought some units of ethereum at $800 last year when ethereum was still in good price and I am still holding with the hope that ethereum will recover back to $1000 or above again.  This is just the beginning and I an intended to hold until my investments can show profits.  I believe in ethereum technology and I believe that in four to five years to come we would be in best position to tell the story on how ethereum rise and fall and rise again.  I strongly encourage us to keep holding and it is very important we should know that whenever we sell we are contributing to the falling.

It could have been easy to earn bitcoin through bounties but the scamming activities has made everything very difficult for the bounty hunters.  Imagine promoting a project for more than 6 months and at the end no reward for one effort.  In the cryptocurrency world I think the best way to make many bitcoin is through trading and investing,  you will need patience and persistence in other to be able to make money through trading and though in a long run you will be rewarded.  You may lose but it is important you keep investing.

It is the reality!  It is very difficult to makes profits from options trading and many people have loss significant amounts of money in binary options trading. I was involved with forex binary options trading before and I loss $1600 dollars in it around 2014 , since then I have not been playing options trading.  It is very risky and you hardly can win consecutively in a long run. Cryptocurrencies binary options is not much different from forex binary options trading and you need the brokers in other to be able to trade it.

The truth still remains that bitcoin is going to grow and the current price no matter how we path it is still very low compare to the technology behind the cryptocurrency.  I don't think it is wrong for people to be told that bitcoin is still going to increase in price and investing in it is a right investments decision because it is certain bitcoin is going to increase in price and get pump as it has happened in the past.  Many of this type of comments were made in 2015 and 2016 and I could still remember some people said bitcoin will never get to $1000 but in 2017 December it went as high as $20,000! I believe in the future of the cryptocurrencies market and this hard reset will not change anything.

I don't think investors invest into cryptocurrencies because of how secured the blockchain technology is but because most of us wants to make profits from the market.  I can even say the major reason why people are not investing into cryptocurrencies is because many of them are afraid of the decentralized system and the preferred a third party system like bank and other financial institutions. 
Blockchain technology is the safest place in terms of secured system but many people don't know about it and those that know more about it are afraid on the system!

In trading it is hard to make profits consistently but many are taking the advantage of the knowledge an experience they have about trading to buy into a coins when others are afraid and to sell when others are becoming greedy.  Many traders and investors are taking the advantage of the drop in pricing in other to make profit by buy now and that is what the investors are doing right now.

Except you are an experience trader or investor there is no way we would not be afraid of the current market conditions and that has made many investors to abandon trading and investment because bitcoin and others coins keep going down.  I strongly believe that bitcoin and others coins are going to recover but it might not be now because the uncertainty is still very high and the volume indicators are still showing low. 

Most of this coins and tokens you have gathered from bounties and airdrop are not going to be existing in a long run and some of them has been abandoned by the developers.  However,  it is wise you should keep them as you may not know the one that is going to makes a surprise gain in future.  I gathered most of this coins like you have done and since I did not know what to do with most of them I have decided to keep them and if any of them grow in future then I will sell and get as little as many funds from them.

It is really very difficult for us to predict the direction of bitcoin currently and it has been like that since inception!  If we are able to know what is going to happen in future it will be very easy for us to makes big profits and the fear of losing will not be there.  In cryptocurrencies trading it has been proven that the uncertainty and unpredictable time is the best time to invest because it means an explosion in pricing is about to happen.  For those who can invest at this uncertainty time it is good you should no that you are taking the part of wealth as it has happened in the past.

A lot of manipulations are going on and it is truth that it is very difficult to doubt this information.  Jpmorgan has been in the business of creating FOMO and FUD about bitcoin and any coins they have decided to manipulate.  However,  in forex the biggest manipulations are always the highest and successful traders and investors and I think this applies to what Jp Morgan is currently doing to ripple and in the past to bitcoin.

I did not see a long-term holders that loss money in cryptocurrencies market!  We only need to look at the past and invest accordingly because those that takes the risk of investing when bitcoin was absolutely down makes money during the past bull market.  It is also very important for us to know that if we actually want to makes profits we must invest when it low and sell when it is high but been able to endure till that time is the challenge some of us had. I think you have made a good decision and if you can keep to it there is no way you will not make profits in future.

I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!

Like other currency bitcoin is not immune to system failure and in the past we have had many countries currencies become worthless because of bad decisions and government policies that pull the currency down.  I think if we all decided to focus on another financial system outside bitcoin it can become worthless like others coins in the past. Political institutions are not interested in bitcoin and if it system fall into their hands they can easily do something against it and makes it worthless.

Actually your emotions play 95% on how you succeed or fail in trading.  Emotions are two enge sword and it can safe you from hard loss and also it can makes you to close the winning trade too early. We can all become successful if all of us can predict the market accurately but our emotionals strength is what determines if we would succeed or not. Risk management is what traders should much focus on in other to be able to make profits from the market.  I think we should not put more than we can afford to lose but many out of ignorance do that and that is why they keep losing.

If bitcoin dominance reduce?  I think it will definitely going to favour the altcoins market.  We can see how bad it is for some of the coins that has better technology than bitcoin but they could not make any significant progress outside bitcoin and that means bitcoin problems automatically become there problems and that makes it very difficult for them to grow.  If bitcoin reduce in dominance on cryptocurrencies market other strong coins like ethereum and ripple will become competitive and that makes some of them become profitable in investing.

I could have like you to show us the technicalities on how we can get to that level in pricing and additional minining but you did not do that in your speculation sir.  I do really appreciate your view of the bullish tendencies and this encouraging some of us that has been holding for long.  I strongly believe that in four months time bitcoin should be better than were it is today and we should be above $5000 or $6000 as many news coming in is tent towards a positive future in bitcoin pricing.

The movements of the price in reactions to that ETF news was actually very limited and temporary but it has given the market high momentum to sustain the current level. Bitcoin could have gone down too much if not that news because before the ETF approval news hit the market many speculators were saying bitcoin is going below $3000 but since then we are now seeing a new pattern of speculations that it is moving towards $4500 or $4800 and some are even saying bitcoin is heading toward the strong resistance level of $5850. I hope things change for good and we are able to see a new bull run very soon.

The questions is that can we change that?  It was not primarily establish to serve as a mode of investment and profits but keep third party out of financial transactions!  We the enthusiast has changed that in the mind of ordinary people by advising them to buy and hold and in the long run make good profits from their holding.  I think we can educate people on how to used bitcoin for transactionary purposes and how both the retail and wholesalers can accept bitcoin as a mode of payment on the sites and business premises.

I don't think bitcoin has been able to stay a full week above $4000 without dumping back to below that amount.  In cryptocurrencies market we have to analyze what happened in the past in other to be able to be to forecasts what will happens in future.  Currently bitcoin is just trading a little above $4000 I think it is just $4022 at coinmarketcap.  It seems is about to go below $4000 again and this has happened more than 7 time this year alone.  Bitcoin needs strong momentum to remain above $4000 and going towards $3200 is out of equation for now according to my own analysis.