You have mixed up something there. You said lack of supply and demand, but actually drops are caused by lack of demand and more of supply and in that case a lot of people just want to get out than those who want to get in.

We had a huge hype last year, and I guess this is the post effect of such that we apparently would not have been able to run away from. It will get to the point where a lot of people will start looking for ways to get back into position when there is a glaring move of an uptrend, but for now, we just stay with what we are seeing.

For a country that provides all those for their citizens, I honestly do not see any reason why anyone should be evading tax. It is necessary to keep things going within the country and for more development. I understand a lot of people's plight though, most especially when it comes to countries where some of these things are not provided, in that case, paying tax is to me more like a waste. Some countries generate a lot from tax, from the resources available and still the citizens suffer a lot, so in a situation like that, I would not pay tax myself.

China may have attained economic stability but based on the OP's preference and the idea surrounding cryptocurrency, the communism in China actually may be a stumbling block to the growth of cryptocurrency in China until further notice.

I learned a lot of things may be changing in their system of governance in the long run, so who really knows? There may be a huge chance and that leaves me with both Chinese and Japanese. As far as I am concerned, there is no harm or danger in learning both of them if the brain is there to take them in.

Well, we cannot expect the diversion into bitcoin as a safe haven to happen overnight as most of these things take time. The thing though is that things are not getting better economically, and before we start knowing it, huge level of inflation will start in most countries, we will start seeing a lot more of what the OP has mentioned playing out.

In that case, most institutions always move to gold as a storage value, but now that we have a decentralized community, maybe we can start seeing some movement into this space as well. After all, bitcoin is now considered to be more of a digital gold.

I am not even sure what led him to this discovery as it simply does not help in anyway and this is the kind of THING that should not even be found on any exchange and simply one of the reasons why regulation eventually would help curb and something we cannot run away from.

I just cannot stop laughing at how some of these shit coins are being manipulated in the market just for the case of some devs looking for whom to scam with their coin. Is it not obvious that they are all listed on shitty exchanges and I am sure no reputable exchange will even be listing such coin ? Anyone who is investing in this would be more like bag holding a shit coin eventually and the fact that the price is high does not mean it has any real value.

Total supply and circulating supply already shows they are purely someone's handwork and I can bet my last satoshi they have no purpose they are serving in the market at all but just some bunch of pollution to the space.

My best advice is even that if he really wants to trade short term then he should be ready to learn a lot before even thinking of it at all.

The market is a very volatile one and anyone who is trying to trade it should better know it is not something that one can just easily dabble into but instead take extra precaution by learning all that is needed before even stepping into the show at all. However, for someone who is ready to learn or have great knowledge about trading, it is actually a good way to go about it.

Any team that does not refund is obviously a scam and they never really had the mind of something good for the project in the first place which I believe should have been easy for any serious investor to detect in the first place. Most failed ICOs that are legit, always give money back to investors and that is how it should be. It is because of those bunches of scammers that we are beginning to have regulations in play now before an ICO is run in most places.

What is even there that it takes time in getting used to ? Not like we have not been doing things before that does not require proper verification of identity outside cryptocurrency online. I just wonder why a lot of people see that as a problem and make a lot of fuss about it.

Regulation will help us grow and it does not simply change anything at all, as P2P transactions, decentralization is still in play and the only thing that is being controlled would be the exchanges which I believe will be used to monitor any strange movement of funds, most especially from fiat to cryptocurrency and I guess only those who are culprit in that category will have a problem.

Not like they are afraid, a lot of scammers were already using the ad space for fraudulent activities with so many fake ICOs being pushed out there to potential investors, some phishing being done via the advert space and so many more. All these things were already becoming a crazy thing generally for the whole space, and this development actually brought some little bit of sanity into the space as far as I am concerned, except for people who just want to see the negative sides to everything.

For something like that though, I guess bitfinex is just the platform to make use of. It is not all of us that actually likes trading margins or leverage as the case may be and prefer just normal trading which I believe for me, binance actually gives me some pretty good one though.

Nevertheless, I am not the type that likes being stuck on a single exchange which is the reason why I use binance, bittrex, bitmex and bitfinex. Thanks to coinigy where I can easily do my thing across board on a single platform.

From a trader's perspective, it is not actually a very good opportunity to buy yet, and only other fellow traders will understand that, so I do not expect someone who is a non-trader to make decision based on this as trends can change anytime and that would not be my problem since I know what to look out for when buying into a market and when to exit.

From an investor's perspective who is planning on long term, the market is in a dip state and i do not see any better chance to buy than now, and if peradventure it goes lower and there is more funds to play around with, any investor can just buy more, in the long term, the profit is still going to end up rushing in.

Trading the volatility which I guess you are trying to say actually gives more profit than holding and there is no way anyone can actually end up not getting the best from it as long as they are very good at trading. Volatility makes trader enjoy the market the most and while some are complaining about it, some are pretty much seeing how they can make the best use of it.

I have been a day trader for a while and the volatility is obviously one thing I do not even want to see disappear which we all know it is actually not going to be possible to see it disappear anyway.

I wonder why someone will be afraid he wants to do something wrong and will still want to go through with it. Trading is a whole lot to take in at once and requires a lot of dedication to learning which if he is not ready to try that path first; it would be hard to even get anything from it.

It is obvious he is not learned, and with that he should be worried, otherwise, his fear will actually become a reality when he starts losing a lot of money. Like you rightly told him, he can use bitmex to start a demo trading on their demo site while learning and practicing before he should even start thinking of life funds.

That is the best idea for anyone who is actually trying to tap from the crypto space, I see this area as more of a long term investment and a way to also get some passive income than what one should be so much concentrating on for a living.

For those who may have a lot of money to trade and possibly try their hands on trend following like someone rightly mentioned, they can be making shit load of money, but that is something that still can be done alongside one's job without stress and for someone who is not lazy, as long as you have a full time job that is paying well and not extremely stressful, I believe it should not be a problem to do both together.

Well, that is good for the places where the taxpayers’ money is working. Let me give you another reason why you should not pay your tax. Where you look around you and the government is not providing any facility to even enjoy your life, no infrastructure in place like good electricity supply, good roads and so on, corruption simply is the norm of the day for most politicians, then that is one good reason you should not pay your tax, but if you have all these things, well, the choice is yours to make. Go to some places in Africa and Asia, then, you will understand what I am saying.

Doing business is not actually something easy and sometimes you may even need to work as a successful employee for a while, and then be at least able to get some capital to start doing great at the end. The thing is that as an adult, it depends on the skills we have and how persevering we really are because that perseverance, resilient nature is much needed for someone who wants to go the business lane, and most of it comes naturally. I guess it is better they understand how to be successful in both ways so as to allow them to be dynamic when life hits them.

From what I learned, I never saw anywhere there was a ban on cryptocurrencies but banks are banned from trading cryptocurrencies except that people pretty much like reading more meanings to everything.

Nevertheless, the tax on using crypto for payment will actually sound unfair and show how much the Indian government is really not reasonable enough. However, that would be funny to be asking government to be reasonable since they never cared about the citizens anyway except filling up their own pockets.

Yeah, I also use blockfolio on my phone to monitor all my long term investments. As long as you do not have the short term mentality or you are not a trader, the essence of monitoring your portfolio is just to see how your investments are doing, and that is normal.

Even in the real world, when you have an investment, will you just want to close your eye towards it ? No. However, how you react is not based on your knowledge and since you know in the short term, the market can be crazy, then you may have already fashioned that out even before investing.

Being ready for the risk must have come with some sacrifice to learn, and that is a sacrifice that some traders really do not want to make. The fact remains that trading is a huge risk and understanding those risk, will help you to know how you can reduce it to the optimal level so as to be able to at least know how to simply do your thing in the market without getting burned.

Understandably, you cannot always have it 100% even as a professional trader let alone, someone without knowledge? No way to even pull through without losing badly.

Not just bitcoin. As it can be any market as long as you have the bucks. It is easier though in the cryptocurrency market. All you just have to do as a whale is to look for a market that has bottomed out and you have the bucks to play with. Buy so much at the bottom, as much as you can, and then start using the rest of the bucks to push it up, response is normal when a market is showing sign of great movement and buying momentum, and in between those, you can keep driving it up the more you want and since you already bought a lot at the bottom, you are the winner at the end.