A lot of the altcoins are currently in their bottom and that makes them an easy hold for anyone who is looking forward to the huge profit for long position.

It is still very necessary to be careful one is picking cryptocurrencies that are presently in their historical prices right now, than just picking any one as there could be some chances where the value can still go down lower for some in the case where bitcoin gets to go down lower but whichever way, it is really a good time to start picking some of them.

Where is the too much money ? What you mean by much money in the market ? You mean the bumped prices were tended to fall down ? If that is the case, the bear market has started or fixed from the beginning of its rising itself. I guess we cannot say just one reason for entire fall of the market. People pumped the market and now dumping. This must be the real cycle

After a big bubble, a crash must be inevitable. Bitcoin's actual worth by end of last year must be $10k only it seemed but traders bumped up to ~$20k then obviously it has to fall below its actual worth too.

2018 is approximately the ninth year of bitcoin and in many countries people would be finishing off their elementary education as in next two years they are entering into secondary level in teen ages. Kinder garden alone is being considered as young age in their traditions.

Coming back to bitcoin, I am not thinking that bitcoin is still in its young age. We are in the beginning of middle term which may last for centuries of years. Price wise, 2018 must be a very hard year. So far in this year, we are facing only down trend and yesterday market has broken the strong support levels around $6000 which may lead to more unexpected things. I am praying to God for those not to happen again unlike what happened in 2014.

That is it. No one could have thought we would go this far or the possibility of the market even going lower right now. If we can see the future, we surely would have all made certain decisions without blinking an eye. Even professional traders try to use patterns to know when they should best stay in the market or leave the market and if you do not have such knowledge, the best is just to HODL, and hope for the future or buy more during the dips to compensate for the wait.

Not understanding the system, the past, the movements and all that brings about the value in the industry is what has made a lot of beginners to invest blindly till date and still making grievous mistakes.

As long as they can understand there is a future for the market and there is likelihood of speculation driven market, they will know how to apply their senses into making the best of the market but these days, we just have some set of people who are looking for ways to just get rich overnight without doing anything for it.

Having a short correction is not a bad thing for the market and when you see a market that just keeps going down without those corrections shows a high level of weakness in the market and possibilities of a crash. This was the exact thing happened in last year December month.

The little flags that are shown is just to let us know the bulls are in a way still trying to fight back but too weak to do so until the moment will come when there would be enough to strike back and that is what volume most of the time usually depicts but there is nothing wrong with the market at all.

Yes, that is one picture people are not getting. It is either you are trader or you are an investor and as an investor you just need to have patience even during all the fluctuations which are normal and never give up hope in the market.

It is a lot of risk to take holding through it all but that is understandable for anyone who has been able to familiarize with the market and understand it has a future. However, it is even more risky for someone trying to trade without any knowledge because that is how it gets so easy for people to make mistakes and seeing what you mentioned playing out.

We cannot even have any whale that will do that all at once as it would take strategy into buying position as the whales keep accumulating but for now, I am not expecting that a whale would just come to the market and buy all the sell-walls all at once.

I understand that anything is possible but we all know whales are smart manipulators and will always use all avenue to drive the market to their advantage, but for starters though, even though it is something that can be done, I am not sure any whale will want to do that.

Most people who are moaning today apparently bought at the peak and I am sure there is no one who bought way back that is still not in profit till date. It is understandable we will keep seeing people like this who thought bitcoin was a get rich quick scheme and investing has set them up for life but in fact, they only ended up joining the FOMO and they are here wishing they did not.

All hope is not lost however as the future is still very bright and anyone who understands that would not even moan a bit.

Yes, and it seems that bad publicity which spreads faster even generates more interest most of the time.
We keep seeing FUDs being created but that is not in any way stopping anything and all we are just seeing is the space even developing the more. Things are gradually getting even more interesting by the day and you see some celebrities like 50cent discovering he has some bitcoin stash somewhere and some interesting news that makes you to keep wondering where you had been all these while.

A lot of people panic so much that they always end up not making smart moves in a lot of cases. This is a very interesting moment to always get some of these coins or tokens at a far lesser price.

Like smart moneys always say, buy when everyone is panicking and the market is in red and sell when everyone is happy and getting anxious to see the moon or when the market has gotten to the overbought state. As it is, certain people still do not want to get that part but they keep doing the opposite instead.

Somehow that can come into play as there is no closing time unlike when it comes to casino where most of the time in most casinos, it is not always round the clock and there would always be time opened for business. I guess most gamblers must hate these time restrictions as it is a kind of blocking in their entertainment.

For online gambling, anywhere you are globally around the world, it is accessible and it even gets better with cryptocurrency gambling where you can load up and easily get paid as well with ease but they all still balls down to luck when it comes to winning.

There are reviews online as some may have been a victim before and be helpful enough to share their experience which is the only way I hope would be pretty easy to be able to know if a gambling site is a scam or not. Also, you may want to just stick with what others are using and those with far better reputation than trying to gamble a site that is unknown and not well used which I feel you will be better off.

I even wonder why someone will be taking a huge risk such as that. Gambling with other people's money just for the sake of paying debt is more like setting yourself up for even more burns as you will get so screwed you will keep piling up debts. That is like the most insane thing I will ever get to hear someone do.

Yeah, that must have gotten to some addiction level to even go to that length, and the only thing anyone should ever gamble with is what they can afford to lose, and I do not think someone else's money should be part of that.

Obviously, relative to ambiance, you cannot compare a real life casino to an online casino. We are talking about real life to just picking up your system with you only in front of it and gambling all your way.

In traditional casinos, at least you get to have others to gist with, have some fun along the way while doing your thing which is one thing you definitely cannot get from online casinos no matter how some of them integrated chat with theirs. Except for the perks that come with payment, and staying anonymous, it is hard to find something else to point at.

It is always funny to me Actually when I get to see some newbie investors or traders using patience as the word to console themselves in a market where they should gain enough knowledge and be trading like some professional trader who really knows what he or she is doing. But holding may fetch their intended results regardless of current market conditions.

Moreover, a lot of them usually do not like going via that path. It is always good to learn so as to know how to plan every point of trading from buying to selling and stopping loss and I can bet very few traders have a good idea on how to go about that effectively.

Some really should not even be called traders as long as they did not go through the path of learning and garnering some experience before going ahead to start trading. Trading is a profession and one that comes with a lot of decision making which is hard to make such decisions without very good knowledge.

As long as wannabe traders start getting the idea that this is a risky and volatile market, I guess that would make them to understand why they should not just assume things will go smoothly for them without any knowledge.

Yeah, and there is no better way you can trade than that. Once you have your strategy and you easily stick with it without bothering yourself much about what others are saying or doing in the market, then you will be able to make your own decisions easily and stick with them. What affects most traders is that they follow everyone that calls themselves pro trader and get confused the more in the process. It is important to learn and find a way to always do it better you.

Yeah, that was a real blunder he really committed as picking the reds rather than waiting for the trend to change is a big mistake.

The market should always be some few steps ahead as that is the easiest way to make any trade so as to stay safe and see how patterns eventually unfold, but the idea where some people feel they can just buy low and sell high is what makes them buy low and then the market moving way lower. RSI and Parabolic SAR may even be too much for him, studying divergence on MACD is enough to start with.

In summary, one who knows when to call it quit either as a winner or a loser. We can classify that a good thing because it is hard to see most gamblers do that.

Most gamblers always want to push harder when they are losing and end up losing much more, while someone who has won so much may still want to keep trying until he or she loses everything all over again and start losing even the little he started with in the first place. I would say a good gambler is one that is smart to know what to do at every particular point in time.