Hello Yahoo, with Bitvit now closed, hope to continue working with you in this campaign.

Btctalk name : Victorycoin
Rank : Hero.member
Current post count : 2178
BTC address : 36WGG9UUnSe2fyipJE5bRZ9dFf5PWBuN73
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Welcome back and best of luck!

You didn't mean to say that I suppose, because you ought to know better that Bitcoin was created to bypass the governments and its agents - the banks and all was well. Most governments, of course made some moves to ban Bitcoin and the recourse to regulation was merely an after thought,after they found Bitcoin cannot really be banned. Know for sure what majority of them had wished was an outright ban of Bitcoin and cryptocurrencies in general.

That must have been their line of thought as it stands to restore their safe haven status one more time. It matters to the Bitcoin community that the number of very crypto friendly countries are beginning to add up, no doubt a numbers of countries are keenly observing the development and won't be any surprise to see many countries toeing their footsteps as the popularity and adoption of Bitcoin becomes quite difficult to down play by any country.

Actually there's no way to totally path ways with greed, because we're all greedy animals only some are well able to put theirs in check than many others. I think the best way to manage greed is to never trade without first making a plan and then staying disciplined enough to stick to the plan

There's no need feeling bad when bad news shows - they show up, when they show up, but any seasoned trader can tell that the market sooner than later, factors in the upset and move on where it was headed. It's like knowing that after the heavy rain, the sun will still shine.

It's best if you knew it for yourself why a breakout was to be expected than just the fact your friend said so.
Here's what the market is looking like today- stop at yesterday since it's the Daily chart:


In it I see a couple of uncompleted Reverse Head n Shoulders formations, but the latest one is still a going concern and what I can make from it is actually intone with OP position - a drop to $6300 should be expected and a rally to $7300, some consolidation and then a test of the $8600 level and then the $10000 would be next in line.

The conventional thing and what every seasoned trader would have one do, is to always diversify one's investments, because of eventualities or circumstances beyond one's control and know for sure that there're also other credible coins besides Bitcoin. However, we have seen situations where going against the crowd turns out a right way and so if you have found a way to remain on top of the game, capitalized and make the most out of it.

It's certainty a move in the right direction to offer assorted coins to meet the interests of diverse players, but having observed this site a while, I sincerely think that it needs a bounty or specifically a signature campaign to find its groove. The competition is already tough and the law of inertia is still as potent as ever! Best of luck!!

Looking at the above advice, a question that comes to mind is, if a coin/token is good enough to attract people interests, what and why is it still down with low volumes of trade? I think people should be wary of coins/tokens with low volumes, because they are handy tools for market manipulations and once dumped, it takes miracle to bring them back up.

I see someone getting doubly and thoroughly burnt by following your suggestions to move from well established cryptocurrencies to shitcoins! In this business of buying and selling of digital assets, patience is such an indispensable virtue, those that fail to have it, almost always end up running from pillar to post. A right thing to do is to continue HODLING, having held it thus far, until price reverses and which is most likely as long as it's one of the main cryptocurrencies.

You shall need to double check you won't be buying Tether about the time Bitcoin is already oversold and simply rearing for the platform to make a come back. If indeed price would breach the $5000 price level this year, I can assure you most Bitcoin enthusiasts would go celebrating because of yet another opportunity to buy Bitcoin at very cheap rates.

You're spot on as knowing the name and rules of a game ought to be a priority for anyone with intentions to survive in the game! If whales are indeed manipulating the price of Bitcoin so to buy back at cheaper rates, do they also have their hands on the throats of the quick fingers, that hits the sell bottom at the slightest upset in the market?

I am afraid if anyone got that burned, it should be obvious they have not been looking or playing by the rules. Anyone that sincerely wants to effect a change, must realize the one to blame is not the other man, but the face that stares back at them in the mirror!

Yes it has always been their personal interest all along and that explains their haste in seeing to it that anything outside of their interests does not see the light of the day. Apparently most governments across the globe are self serving and since Bitcoin portends to speak against that, it should surprise no one that it is being painted black and called names.

It is how exciting to see that not all developing countries are wiling to bury their head in the sand like Ostrich as usually have been the case. This is how it's unfolding in the Philippines:
https://www.ccn.com/philippine-central-bank-approves-two-new-cryptocurrency-exchanges/

and back to India, here's how water must always find its path:
https://www.ccn.com/local-crypto-exchanges-are-circumventing-indias-new-bitcoin-ban-heres-how/

Every of these heart warming news, adds to the bullish pressure and even if the impact is not immediately felt, it would only be for sometime and the pressure would become unbearable for bears. A closer look is pointing to the fact that another bullish run is simply brewing in the background and like they say, fortune smiles on the bold and prepared.

It's a fact that the price of Bitcoin going up or down hinges on demand and supply, but they just do not increase or decrease for the sake of it, rather developments in the fundamental factors brings about these changes.

The assertion here by the cleric is indeed a milestone for Bitcoin, because it signifies an endorsement for Bitcoin to the about 1.6 billion Muslim community across the globe, a number of which might have been undecided until now

Can't agree more with your take! A combination of investments in real estate and Bitcoin seems a very solid hedge for whatever the economy throws up tomorrow and at the same time a good strategic set up to gain from possible exponential growth in the price of Bitcoin in the future. With this set up, it's most likely any unforeseen circumstance around Bitcoin can be effectively contained.

Read the article again, you obviously missed this:So instead of being afraid, we should consolidate on our early bird advantage as early adopters because the whales and institutional investors are coming and would be regrettable for those of us who out of FUD and impatience sold off their coins for peanuts.

I agree that everyone electing to HODL is impossible in practice but I don't share the point of view that it would culminate in a flat line in theory, because two scenarios are possible:
 
1. if Hodlers are unwilling to sell, the coin would become scarce and buyers will naturally bid up the price;

2. if Hodlers are willing to sell, but no buyer is willing to buy, that's where there's a problem, if not a threat.

The strategy he suggested actually is in harmony with buying low and selling, only you do not sell all, but set a portion aside to still benefit from future rise in price and I think there's method in it, although it's likely not going to be some good strategy outside of the well capitalized cryptocurrencies, suffice to say, the strategy is worth the try only with some cryptocurrencies.