Right, but let's not forget that in a market with a lot of potentials, the institutions will always have to get a huge position in such market and I would not be surprised if this market turns out to be like that. However, it would not change its decentralized nature anyway, but the thing here is that with a huge market capitalization and great level of adoption, it is entirely possible to have less fluctuation, but when is what we do not know.

With a huge market cap, I believe less volatile than gold is going to be possible. This is still a very small market compared to the larger market and we still do have a long way to go, which I believe anyone who understands the future potential will definitely know better. There would be less fluctuation in the long run, but we are still far from it I believe and with real life usage and main stream adoption, I believe we can get there fast.

At least he is better than our dear McAfee with all his bullshit $1m theories within few years, lol. He is on the bull’s side or probably faking it, who knows ? I know for sure, when it is time, we will definitely get to know. He never said bitcoin will be soaring to $25,000 immediately but he said this year and we cannot say he is wrong yet until this year ends.

I guess he played that part well, knowing that there is a possibility of having a few rally before the end of the year towards the previous ATH and maybe breaking it towards $25k but time obviously will tell.

I wonder how you guys sometimes usually get your expectation. First and foremost, $8k was not even the support to be looking at but $7800. Only and only if this gets to hold are we going to expect that the value will at least bounce and I guess we already have some crazy resistance already on the way down before we can even start considering $10k. One step at a time is all it takes, but for now, nothing is guaranteed.

No need to worry as the market is bound to play however it wants to anyway with nothing we can definitely do about it. It is funny that a lot of people worry a lot over nothing they cannot change. The support I am really looking at though is the $7800 support for a while now. In the short time frame, we are still in a downtrend and we are not sure how this trend is going to be playing out for now except to just wait and watch. The market is pretty much in a very complex state at the moment though.

If you want to buy, you can buy and stop asking. No one knows the answer to the question you are asking except yourself. We cannot tell what the future holds, but we can believe in what the long term may at least for those who are buying now and holding no matter what. Moreover, you are far at more advantage than those who have bought at the peak and still holding till date. Buy now, of it goes lower, and you still have cash at hand, you can buy more. Focus on the long term as long as you are trader, and stop fixing your mind on the short term.

There has been scam accusation against this exchange platform right from the onset, and that makes me wonder if people just do not read reviews or they just like looking to add to their fleet of problems. This is a decentralized world and there are just some exchanges that one should be avoiding like plague and this is one of them.

No support, do not even know if devs are active except for their daylight robbery activities, and all these are enough for anyone to know they just cannot end up in a better position in the long run with an exchange like this.

The target market are the users and those who see the need to use it and as far as I am concerned, everyone globally is a target market except for the fact that those who have access to the internet and are more vast when it comes to using the internet will always have an upper hand in adopting earlier than those who do not. However, the main reason why bitcoin came about was so we could have a P2P method of transfer without the third party and the last time I checked every single person needs that as we all deserve some level of freedom.

That is if he has not been fired yet looking at the time he posted this and now. That is a huge amount of money and he was really dumb to fall for such a thing sending such an amount in bitcoin to a supervisor that he possibly cannot trace. However, what I do not understand is that how did they converse ? Was it via email, phone call or SMS ?

If it was phone call, then he is really screwed but one way or the other, I believe the supervisor should have at least sent the bitcoin wallet address via email or something, and if he did not use an official number, then he is even more screwed !

It is definitely worthwhile as long as you are ready to clear your head from the daily noise of the market and stick to the belief in the market that you are holding. We sure do not know what the future holds for any market and the best thing is to always be very careful before even investing in any market at all by knowing if there is really a future for it at all and not you just end up bag holding a coin with no future at all. For a good project, you can always end up hitting a huge gain at the end if that project hits a pretty solid boom.

Lol, most people always think these rules in trading will basically help them but the truth is that in real life and except you just want to hold, it is not that applicable to trading; at least most of them. Only thing you need is the knowledge to trade without putting emotions and ability to make quick decisions since you already had everything planned out.

People forget that a lot and they let their emotions play them or hold when the market is in a rapid fall when they should be stopping loss and buying back lower. Like you said, if anyone cannot trade, they should be buying a bot.

Yes, there is a chance and there is also a chance that in the short term it might go lower than the amount you purchased it, so it is better you understand the volatility risk as well. However, in the long run, I am extremely sure you are not just going to be tripling your money, but you will be achieving even far more than that.

Bitcoin presently has actually gotten lower than it was from the previous ATH, and that is something that when it goes back testing from this spot, you should obviously be making up to that.

Well, nothing should be expected that much now and from the way things are in the market, the gospel through is that there is a huge mixed feeling. If you look at the weekly chart, it looks bullish, the daily chart is forming a higher low somehow until further notice, and the lower time frame, the market is filled with a lot of indecision. Nothing is actually certain and going way above $8900 still does not guarantee any bull sign as that is not even going to be a huge resistance to be more wary of anyway.

More time could actually be a year or two as the case may be. However, the breaking of the $20000 can only happen if we are at least able to cross around $12k at some point and by then hopefully, we may get to see bitcoin hitting some pretty good ATH before the end of the year or testing the previous one. Time will basically let us know how things will eventually turn out as any assumption now is pretty much going to be a baseless one.

It is not hard as over time, it will get to break some of the resistance above us and possibly hit a good value before the end of the year, but the honest thing here is that only time is the only thing we have that can actually determine how that is going to end up. When is the only question we should just be asking as I do not see how that may pan out before the end of the year, but at least we still have about 7 months left before the year ends and absolutely anything can happen?

They definitely will not. The more the progress bitcoin ends up having, the more it even gets better for them and who on earth will want to give that up for anything ?

You are only stating an assumption that is obviously not possible and even if some of them decides to offload what they have, as long as there is a demand for it, then there would be people ready to gulp it up and if not, I guess some of them will just have to give it up at lower values, but in the real sense, it is not something realistic to do or assume something like that would be possible in crashing bitcoin.

Anyone who is even looking for ways to win in gambling or thought he has been able to find a way should just know indirectly that they are set out for a huge loss. That mindset alone will make the person to want to bet big and there is one thing about nature, that way you think you found, will start working out for you pretty fine, probably some strategy and you get to excited that you want to put in more, thinking you are set to finish the house edge and then that moment of no return comes when it all just disappears with a loud thudding of heart beat and emotional rush, but still, they just never learn.

Unfortunately, and even on this our forum, a whole lot of people have decided to take it as a full time employment and expecting that they are going to be getting something tangible from it consistently like a normal job and this really is quite funny. The reason a lot of people end up suffering from the effect of gambling is because of the mindset they have placed themselves in and once they are in that hole, coming out of it is not always easy.

If the good effect is to lose all you have or to keep getting your blood hot and your heart pumping pretty fast, then I guess we have nothing much to say. However, some may see it as fun and then paying to access those fun, since adrenaline rush can be fun sometimes though but not having some self-control in the process is where the main problem actually starts. Earning big profit from gambling is one step towards a huge mistake that anyone would be making as the sole reason to gamble.

The most important thing is just to learn the basic things you need to know. Get to learn how to make good use of the indicators, most especially, MACD, Stoch RSI, Moving averages, as well as some other ones to follow trend such as the Ichimoku cloud to help you trade some basic supports.

Additionally, get to know about support and resistance, and how to use trend lines as well as some patterns to know how to make decisions. As long as you can get to know these few things, you can start applying them with little amount of money to start with until you are able to gain some confidence and know you are ready.

Why should you be confused as all you just need is to do some little bit of research, get to know what people are saying about some certain coins, use some of the article and resources online and see how you can dig further on the references they have made and this of course should help you in your decision making.

Sometimes, all we just need to make that decision is the search engine. The reason why I have said this is that there are lots and lots of altcoin and suggestions here may get you confused, but with some articles based on different expert opinion and your findings, you can filter out what to invest in with your $500.

Yeah, and like most people always call it, it is like the queen to bitcoin based on support and with its high level of usage, I believe it already has so much going for it and that level of demand alone is good enough to keep it going. The platform of course will keep getting even more developed which gives it an edge over every other smart contract platform and in that way, things will definitely keep getting better for the holders in terms of profit.

Ethereum is more established since it has basic function that is really being used a lot which is the smart contract and has birthed a lot of tokens till date. Therefore based on that fact, it is definitely an altcoin worth holding for a very long term and as much as you definitely can. Recently, a lot of attention is being given to it as well in the crypto space and I am sure the sky is the limit for it as we get to see it increasing hugely in value over time.

Credibility he may never ever be able to regain, lol. I am sure McAfee was never serious and all he was just busy doing was making his position to instigate some buying momentum in the market to make more money which would be the reason why he was even just busy supporting even shit coins and that was the moment I realized how unserious this guy has been all the while.

I am not a fan of expert opinion anyway, still I am just a fan of the charts and the trend and so far, that is fine by me. In my belief my chart analysis are the real experts to guide me better than anyone else in this world.

Yeah, it is indeed a very good strategy and an advice as well. So far, I have seen the rate at which altcoins are really having some pretty good fluctuations in the market and the uncertainty keeps growing even the more. I can see a lot of the altcoins bouncing though once the bitcoin market itself is showing some green light, but at this stage, it is quite difficult to trade without using the stop loss and trying to take the little you have been able to get.