I totally get your gist, but the fact is that just very few people see it this way and even the other category of people only uses this to console them. Really, let's call a spade a spade, majority of gamblers really wants to make money. If you think I’m wrong, check out most of the questions being asked by noobs. Most people just cover up with the fun aspect, most especially in online gambling just to be able to keep their minds in play so it does not get out of hand and it takes some experience from losing to be able to do that, but the rest? Please, they are just some bunch of greedy people looking for income where there isn't.

Well, that is another beautiful angle to look at it. It is dramatically decreasing because some people decided to play with the weakness of the greedy ones to drop the market and then make some profit off them which after they are done and no one else to go further, they end up starting another rally for profit. With the rate of FOMOs last year, I believe the dramatic decrease was expected.

Bitcoin DRAMATICALLY increases is the same way it decreases. As long as a rally is becoming too good to be true and you just keep seeing a non-stop ladder on the chart that is not leaning against any wall, then you should always expect a little bit of a fall, however, the strength of the market, always end up pulling it back anyway, which is what brings up the recovery phase.

In fact, long term holders should even panic less knowing that at the long run, they still always end up getting the best from their holdings anyway. Those who are early adopters or have been here for a while now already know better. The market is a volatile one, and we all know that and the same way we can have a huge bear rally is the same way we can have a huge bull rally, but the ups are usually more than the lows, which is one thing to always have in mind.

It will be hard to be holding something and not at least have your mind set to it, even if it is once in a while. I check my holdings everyday even despite the fact that I am a long term holder. At least, it makes sense to see how your investments are doing, isn't it? I guess this is normal for anyone and it would be easier said than done to just not bother about your holding, and come back in few years’ time.

Well, for traders, I really do not have any choice checking the price more than once in a day, although my alerts keep me up from missing anything, so I usually do not check mostly. However, for some trades, or trying to look at the market for opportunities, I get to check daily and sometimes even twice daily if there is a particular trend I am looking forward to in a coin. But for now, I would say daily.

At very first, I am not very sure how you got your statistics of the number of global traders. However, the bigger we get as far as I am concerned and in the normal sense, the stronger and better we get. This is in the sense that, we are growing and we know that growth is a good thing.

Nevertheless, trading cryptocurrency based on what the OP said, is not really that easy, as it takes a lot of getting used to. It is a decentralized market, and sometimes, you just do not have to beat yourself if things do not go your way, but with good knowledge and experience, it gets better.

Yeah, market is always complicated and most especially, cryptocurrency market. The market has shown us some different signs of a bounce back in the past, but at the end of it all, we always end up seeing the other side of the market sometimes.

With the low prices however, even those who were wise enough to buy in at the last bottom, should be having some profit now, so at the end, one just have to make use of the opportunities that comes, but even for those who bought at the top, I still see nothing to be worried about as the market will eventually recover hugely and start seeing large volumes.

Right. It is more like having huge adoption in crypto and then thinking it is a bad thing. There is just so much to go around, and the more we keep seeing stepping in and most especially the knowledgeable ones, the better for the market to keep growing stronger. I am sure this year will even usher in more investors as well as traders and as long as you have a good knowledge, the OP or anyone in his shoes should be fine.

Traders coming in, both with knowledge and those without adequate knowledge do not make it any different. In fact, it even makes it better, as the more the merrier. However, looking at the market, it is obvious we have a lot of weak traders in the market who are just busy gambling. Nevertheless, it is in any other market, so at the end of the day, traders cannot be too much. Good that you said you have learned and have prepared yourself very well for the journey, because some do not, and with that you should be fine.

I would not say only bitcoin and Ether alone. There are so many other good coins that are pretty much undervalued right now, and I want to believe that they will also do well.

The good thing about some of these coins is that they tend to give even a greater level of profit than one can imagine and really, anything for the bucks as long as I am sure it is a good project and worthy of holding, not just some shitcoin. However, for someone who wants to be safe though, your choices will be a good bet, and I will also like to add LTC to the list too.

In fact, right now, anyone asking which coin to buy is just more like reaching a huge mall and asking what to buy. The best thing right now is to find coins with good products. For those who may not be sure of what to buy, coinmarketcap is usually a good place to start with the top 100 coins. One would just get confused looking for what to buy and hold for the long term and end up buying nothing or just end up bag holding shit coins unknowingly.

I was worried, there was no concrete news, and a lot of negative news were busy flying around and not hearing anything from the devs or team, unless I missed it though, was not really comforting. Glad they are back, and I hope the essence of it all was to get better. I know with the level of growth going on in the crypto space, it can be overwhelming and it would take some more exchanges coming up and the present ones keeping up with the speed of the growth to be able to stay afloat.

The level of DDOS attack that most of these exchanges experience is not a small thing and even though it can be crazy, but it takes a high level of security team to always stay at alert. We are talking about a lot of funds here and I am sure they will be trying their very best to make sure they stay on top of their game. I am sure they must not have expected the level of explosion of users though, but they will just have to find a way to keep up.

If you value the safety and security of your funds over fees, then you will definitely deserve whatever happens to them in the long run. Also, you need to know that you have nothing as long as you have them in those exchanges. It has been screamed on top of a lot of user's voice on this thread that keeping funds in an exchange which obviously you do not have the private key, gives you no control over your funds, except that you can withdraw them if you still have the chance. Wait until something happens to that exchange of yours, then maybe you will learn the hard way.

Absurd indeed. Obviously he thought we have some pretty magical eyes that can see through the charts and know what happens next. This could be a speculation thread but there are some questions that just do not make sense and no one can give any prediction of what happens next, let alone accurate. The chart tells us everything when the time comes and at least we still have some huge resistance ahead to break before we can even assume a little where we are going.

Market is very volatile and any little thing can cause a huge down or uptrend as the case may be. The market now looks like a plain gamble for anyone who wants to enter this position. I would rather wait and see what happens next before we start predicting anything. I am still very much optimistic that this year should be great with this high level of dip, but who knows what the future holds? No one!

Well, is there any need hoping at this stage? As whatever will happen will happen? The thing is that we cannot all say exactly what may end up happening with bitcoin, but we can at least be sure of one thing the chart is telling us. Right now, the bears look worn out, we having some pretty good volume, the 4h chart’s forming a head and shoulder pattern, all we just need now is a break out and it would be like a bull explosion. Experiencing $5000 to me now does not look like something possible.

Obviously, nothing is impossible. Even if we hope for something now, anything can change. The market has experienced some bad periods and obviously everyone is looking to see what happens next as no one can actually predict that right now. Hopefully, the downtrend is over, and if it is not, we just have to wait it out, but for now, no one can say if it will be lower than $6k or if this is the end of correction.

I know a lot of are really excited right now and hoping that we start a bull run soon, but it is too early to even know where we are heading to now with bitcoin. However, if peradventure we go back down and end up testing the previous bottom, if we are able to bounce back, that should be a fast move up to the $10k region, and otherwise, breaking it downwards can also be a fast move downwards which I really do not even want to imagine right now.

Good you were able to break lose from that impulse bro! A lot of people find it hard doing that until they realize they are so deep into it and getting out of that level becomes so hard. Gambling is fun, until it no longer becomes fun and that is one thing I have always told myself even when I used to gamble until I realized at the end of the day, it pays to gamble only once in a while when you just feel like than making it a habit.

It is a whole lot hard. Talking from experience. It is like the wall of China that you cannot break. It is either you struggle to climb to the other side of sanity or you just stay in the addictive zone which can be killing as there would always be wild animals in the gambling industry looking to devour you. I just explained to you what it was really like for me, so you can be thankful you already know how hard it can be when addictive.

Well, to answer your question, that is because you cannot play assassin’s creed and prince of Persia at once, but not because you do not like the two. I know where you are driving at, but this is a different case scenario here.

Assassin’s creed and prince of Persia are both games that you can play for fun, however, if we are talking about gambling where you even lose money in the process and then calling it fun, I guess that is overrated. We should call a spade a spade, people gamble because they have the belief that they can get lucky and make some extra cash, we should leave the fun aspect aside.

The truth is that some coins really do have some huge community and really do not get affected much when bitcoin is having a rally. However, one cannot really know sometimes, so the best thing is to always be at alert when in a market.
Know when it is time to get out and buy back lower, know when you did not make the right call and even when you make a right call, know when to sell. At the end, for any investor or trader to be successful, knowledge is the only thing that can help them.

Yeah, and that is because stock market is a controlled market, crypto is not and which is what makes the cryptocurrency market even more interesting even though risky than the stock market. However, what the heck? We are talking about the chances of good profit and to hold some coins in the process for the future here, so at the end, trading the crypto market comes with even better profit than the stock market.

There is a lot of opportunity in the stock market, but truly there is just so much more opportunity here. Since you have been in the stock market, I believe you should be fine. The truth is that asides from the fact that we are in a decentralized market, cryptocurrency and stock kind of look similar when you are trading them and about the same principle applies, just that you have to be very careful with some coins as they are more like penny stocks as well.

There is nothing like a good exchange. If you are holding for the long term, you can decide to go the cold storage way. If you do not have the cash for stuffs like ledger Nano, you can just generate a paper wallet and your public key is the only thing you need to always receive funds.

As long as you are not trading, never leave your funds in an exchange and even if you are trading, make sure your account security is sound enough.

One thing is to always make sure safety is paramount when it comes to cryptocurrency just like the OP stated. We cannot always avoid some of these things, but the earlier people started knowing how to stay secured, the better. Expert hackers or not, if you leave yourself vulnerable to an attack, you will definitely be a victim and the best is to always be on the lookout, most especially for any phishing links.

I actually heard from someone that some of their pages were locked out and they were told to contact the admin to get it sorted out. I would not blame them anyway, it is for a good cause and I am sure a lot of users could have complained, maybe after getting scammed by some of the adverts. They had a very good reason to stop the adverts, but in terms of the impact it would have on ICOs, I doubt if it will ever be much.