I always happy when someone/my friend who talk about bitcoin and he didn't know bitcoin before. I always tell to them and explain to them about bitcoin and how it works. Whatever how the result is and how the response is at least I have told and promote bitcoin explicitly.

Moreover with the situation when you feel in your city just you who knows bitcoin it will be happy if there is someone who know/talk bitcoin directly. Seem like the ad just a sign that the bull run for bitcoin will come again, I saw it when 2017 ago, I didn't know bitcoin before and there are a lot of information and many ad the popped up in social media.

Technically yes that I agree bitcoin will not fall to below 9k, seem like $11.600 is the strong support right now and just in a few hours ahead the monthly candle will be closed. If you see the monthly candle the buyer is ready to buy bitcoin at the lower price and it means the chance for bitcoin pass the $13.000 barrier at the next month will actually happen.

Have you compare with the other exchange or the other crypto currency that stand long time until now?

Do not defile a goodness with a little ugliness, crypto currency has been stand for 11 years until now and everything is fine if you choose a real project which provides real functionality. Like bitcoin, how many people who dislike it? Yeah, almost all parties especially financial sector against it, but they aren't successful cause bitcoin is deserve to fight anything. Be careful with new system, it could be a bubble eventually, take it as a short term place to gain profit.

It is not about how big amount the token that you get from bounty campaign, but it is about how good the project that you promoted.

Altgouh you got a small amount but the token is good it will affect to the price when it is trading on some exchange.

Just compare if you get a huge amount of token but the token is not good and there is no exchange who will launch the token, it will be worthless at the end.

Like me, I never take a large amount to play gambling it is around $50 is maximum. And I am the same as you, just bet with a small amount so as I can play longer. Comparing I bet all of my money then I just have a small chance to play more and I don't wanna take more risk to deposit again when I got lost. Yeah, this is my strategy to avoid getting huge loss in gambling, cause I'm aware that how big amount I get profit it will run out if i don't have good control.

You can check this board https://bitcointalk.org/index.php?board=238.0 there are many projects that being promoted in this forum. If they are successful they will launch the coin/token in some exchange.

But be careful, there are some altcoins who just have the intention to scam the user, I myself always check this board https://bitcointalk.org/index.php?board=83.0 to know it, there are some user here who have high knowledge to investigate a project.

This is why the government should regulate it, imagine if the government still ban crypto currency there will be many illegal exchange. They will hide the activity form the government. Crypto currency has been known by most people know and I guess they are interested to know more it and having it. If they learn in the wrong place there will be many people who will be victim.

Then, we will compare if the government accept crypto currency at least for investment purpose. The government will select the exchange which has a good credibility so as the citizen will only use an exchange which has been regulated by the government, the risk for the crypto user being scammed is really small. Even, the government can impose taxes on registered exchanges and this can help state revenue.

1. What coin are you taking your profit?

Since I only have small money to trade I just trade an altcoin which still has a low price but has potential, I mean the altcoin price will never dump buy its holder. Like Tron, seem like this coin is good since the ETH fee transaction getting high due to DeFi project, you at least pay 1 trx per every transaction that you made. So as, with $100 with 2 leverage, I can get $20 profit per day.  

5. If the cycle in the space is really 4-5 years, what is the plan to cater for the long period of bear market?

You can learn technical analyst by now, it really help you to still get profit although the bear come. You can choose future market to do that, so your trading is not one direction (buy and you get profit) only. This is what I do now, crypto currency market is in the downtrend and I still have a chance to gain profit like in uptrend market.

There are two prediction atll least, one, this system will be develope because DeFi is offering many user and makes it easy for them to make all transactions truly anynomous that should really exist in crypto currency. Because now, we get used to use centralized exchange to facilitate that.

And the second thing is yeah there are some similaties like 2017-2018 ago. The crypto currency sphere is developing time by time, there will be many people who will have a new feature/event to improve the old way. For the first time we know ICO, this event had given a lot of profit for the crypto user and also with IEO event who just take a little time. And now the new system came and has given a lot of profit as well for the investor. And seem like we will have the next event that will give a bad impact for the privious event.

Did you invest for 12 project based on your analyst?

If you did, then you then deserve to ask the project that you will invest now. Yeah, it is not good to spend money for investing and you ask someone else to know the potential of the project is.

Crypto currency is high risk investment place, you could loss all your money and there is no one who will responsibility to restore it. So, just do your own research to all the project that will you choose and you will be safe.

Actually it depend on your capital, if you spend huge money like $5000 then you will see how volatility of USDT or another stable coin, your capital will increase and decrease quickly depend on market movement.

For newbie, I think there is no safe place/coin to invest, it will be better to you to learn first about crypto currency and learn how to trade for at least the basic knowledge to trade. So as you will know when a good time to buy the coin or even you still have a chance to hold it for long term investment.

Every trader and every investor will expecg it, moreover with the current situation where crypto currency are in the bad market, most of them will choose a coin that has strong fundamental that could lead the price increase a lot.

I often this thing in crypto market, so as there will always chance to gain profit in this place. You don't need to wait until the bad market gone to double your money but you have to diligent to find a fundamental factor that could give a big impact for the coin price movement.

Hopefully it will happen, like 2017 ago when bitcoin and all crypto currencies price meet a bull run market, it has happened in october before in september the monthly candlestick was closed in red.

It could happen now, moreover with the economic situation in all countries right now, the people will find a safe place to store theie money to avoid the bad thing that could happen in their countries.

So what? would you label bitcoin as a bad tool?

I think this information will not give much to bitcoin and an overview from other to bitcoin. Using bitcoin is like you use money in you whole day now, you can't judge and give a bad assesment into bitcoin and tell them to another people now, they have known bitcoin well.

Being a crypto currency trader/investor is highly risk, everyone not only have to facing the volatility price movement but the hacking event as well. You could loss your money without any guarantees, like this incident.

But yeah this incident will give a slightly effect for crypto currency price movement, especially ETH price movement. The hacker could dump to sell all the ETH that they got, be carefull and stay safe.

There is no way to resolve the problem unless the developer project willing to spend the additional cost to distribute the reward. The blockchain ethereum is busy until now, I have to pay $4 for one transaction to send USDT in one exchange to another and that is the wors thing that I had, I never face it before. And you will be fool as well if you send your own money to get your reward, we don't know the project is worth and will have a hig price.

And we don't know that this situation will end since the DeFi project is still booming and look like it will continue. Just hope that the project that you have promoted is good project and have a good team as well so as they will distribute the reward in any way.

What your purpose to have this coin?

This coin is not suitable to hold, you better use this coin for a trading fair like USDT-BTC which many trader use.

You can choose an exchange, yeah I think almost crypto currency exchange will provide a USDT wallet.

DeFi system right? Now, this practice in high demand even the exchange like binance there is feature namely Bswap feature which can allow you to lend your crypto currency and you will get an income in it. I think this feature will develop in the future because there is no risk for everyone who use this feature. Moreover, the decentralized exchange like Uniswap may be in high demand even their own coins have a big price tag within a few days.

Did you get this situation when you play dice only?

I play dice a couple of times in a week but until now I never feel that I was rigged or whatever it says although I got lost many times. Because I play gambling which has a decent percent to get win and the rest it all about my luck. Yeah, I often, and until now even I always use my strategy in all my bet but the chance to get win is smaller than I got loss. This is why I never have a high expectation to get win, just play and use money that I can afford to lose, and that is enough to me.

Bitcoin is still in uptrend market, you can see on the chart and you can full the trend line in one day weekly time frame. It means, we don't need to worry the 2017 event will happen again. It is just a healthy correction because in a few months ago bitcoin has showed us a significant uptrend due to the corona virus out break.

Even, I just thinking that the price right now is the best time to buy, yeah for those who ask when a good time buy then it is now. The economic situation in all countries will give a sligtly effect for the bitcoin price movement, although the economic situation run normally bitcoin will still in a good trend. Because there will be many people who interested to store money for the saving purpose in it.