We would only end up deceiving ourselves if we think we won't keep seeing topics like this being opened every time and even in coming years as we keep seeing those who are interested in gambling as some believe the old system or strategy may no longer work. The earlier most of them started knowing first that any strategy does not guarantee winning is a first and everything is still based on luck.

There is no strategy that can give you 100% win for dice gambling and most times, you should always consider the possibilities of long streaks of losses. I have heard of different strategies with the likes of martingale as an example, but the truth is, beating the house edge is not something you should look out for, and it is better you prepare your mind in losing everything so you know you do not end up gambling with what you cannot afford to lose and be wise in the process.

If you head does not count you lucky, then no matter the number of girls you pack around you, it would not still do anything. In fact, you may even end up going home alone for being a loser. At the end, if you are with your woman anyway, it should be more like you both just having some hanging out and catching some fun, and nothing more.

If you win, it makes the after gambling hotter if you know what I mean and even if you lose, it still does not mean anything as you both ended up having fun anyway.

I am sure you must have gotten him wrong. He is not disputing that fact, but most traders will understand that he is trying to play safe before entering the market for a long position. There is a strong resistance in this region, so it is normal to see anyone waiting for that value before getting in. Some will even wait a little bit further for the 0.382 fib level to be resolved before going in, so it all depends on each individual. As far as I am concerned though, $6k for me was just the best discount and I am happy I got in then.

Really, I do not want to wake up one day, check the price of bitcoin and see it at $3000 when I could have monitored the chart for break of support, sell and buy back at a very good price. Also, I believe you are referring to $20000 and not $2000 since even at our dip we are still far above that. Checking of prices daily or hourly is normal depending on the level at which the individual’s emotion about the market lies.

It is very important and even if it is not, it is something everyone in the crypto world, with an investment or looking to invest will keep trying to look out for opportunities. Most especially for traders, this is something that is normal and sometimes even when you already have alarm set to notify you of certain conditions, you will still find yourself looking at how the market is fairing.

No one has ever started trading without losing and that is where the little experience starts kicking in. This is the reason why it is always important to always trade with little after learning before deciding to go further. Every trader has been there.

At the same time, there is one thing that should be understood, you need a lot of indicators and analysis put together to be able to make good decisions on trading, so if the OP's knowledge is not yet filled with using some of these indicators as well, he might need to start thinking about learning how to use them.

More like saying that being a doctor is hard when you do not have the knowledge. Those who have the knowledge and they are doctors know what they are doing and they enjoy it. Trading is a profession and anyone who sees it as a kindergarten job will end up getting the result of their stupidity.

I am sure he does not even have a clue of the bitcoin he is referring to as hard, since all we are talking here is about trading, which makes him sound like someone who does not have a single knowledge and that is where the problem starts.

That is what always ends up happening when the weak hands have truly shown how weak they have been and then they let the big guys who have the bucks and know the future or well informed get the best of what they have been holding. Also, that looks more like a move from an exchange, with the little transactions that has been going on with the wallet. Although someone rightly mentioned huobi, but how can we really know?

The beginning has been noticed already when we started having big volume around the $9000 dip and even more when we had a further drop. Let's hope this ushers in a reversal for bitcoin. Also, I keep having the feelings like bigger players are really trying to get their hands full in the bitcoin market after driving the value down to shake off weak hands. Let's see how this goes.

Being an optimist is not even a crime as most of us who believe totally in the system are all optimistic that bitcoin would do hugely great in adoption, hence the value increasing. We cannot say we cannot see anything this year, but at least, we can say that there is a possibility of something in the future which I want to believe that bitcoin reaching the level of $100k in the future is very possible. One thing I am sure of is that bitcoin is stronger, and like you have said, we may not even see much this year, but the future is what matters.

Moreover, we cannot say if x10 is possible or we will just keep swinging between the previous highs and lows in 2017, but time will only tell and that is the only thing we have. However, looking at how bitcoin has really fair in the past and the great comeback, then anything can still be possible. I also want to believe that stronger hands are already getting into the market with the exchange from weak hands, so, let's see how all these plays out on the price action.

Who on earth will listen to Rickard of all people. Even a parrot that talks a lot, still talks with a lot of sense than this guy. This is just one of those old punks who really do not even know that they have never had a single relevance and they absolutely will never have.

I wonder why people like this do not really respect themselves, hide in their towels, sit at home all day, watch the news and go to sleep until nature calls them out of this world. Oh! Of course!! He wants to gain 1 minute popularity again after a while of spewing rubbish that never happened? There! He just ended up having it.

Do you know I was really scared for him at a point? After seeing his bullshit post, I must have thought in my mind that he was actually either trying to gain some attention like Pickards or he is totally out of his mind. My daughter can even do a BETTER TERRIBLE analysis than this. Even though I know it ends up terrible, but it would be by far better. I wonder what the OP was thinking with this. Why is he not even here to defend himself?

Probably, he may have to look for ways to hide his face on this forum now as people will always quote him to remind him of his previous jargons he posted a while back in the future. Even if he does not learn his lessons, as most of them do not anyway, he should have known right from the onset in his own mind that everything he has written are all craps and whoever listens to him, should not even be investing at all.

Highly unpredictable. It is not just bitcoin anyway, as any market most times can be unpredictable as a lot of factors can just change the way the market reacts. However, in the light of this, we only have indicators and some analysis to always help us to guide the way we respond to the market as well. Like you said, following the flow and the trend can really help any trader to take advantage of the market every time.

For now, bitcoin is going strong and we hope it can keep up with that strength. A lot of people are still skeptical and scared that this could be another bull trap. However, we really cannot say anything now until we are so sure it is or not or until we break out of the upward trend. So the best thing for everyone now is to keep arms crossed and stay at alert.

Acquire what system ? Highest the banks will do is to find a way to blend in and see how they can benefit from the system.
There is nothing for them to acquire. If government starts regulating the usage of cryptocurrencies, we may start seeing banks having their own exchanges in different part of the world, and that is where they get their benefits from and at the end, the government with their monitoring strategies will still keep being in control.

Yes, playing in the red zone requires some vigilance and not getting too greedy too much waiting for a huge gain. Most especially, from the recent downtrend of virtually all markets, trading in red zone for me is more like playing within some level of support and resistance to make some quick profit within those zones.

There is always a strategy for every situation of the market for all kind of traders, while some are waiting for a long position; some are busy doing some shorting. A professional trader must be always busy on finding opportunity regardless of trend of markets as far as theoretically I have learned.

None of us can actually predict anything. Not now, not ever. The market can give us some moves, we will always end up seeing it, but knowing the exact value we will get to see bitcoin is impossible. I will be happy to see $25k this year and even if I do not, I really would not bother myself much about it as that would just give us the chance to have some good position before we do it one day anyway.

You can if you are smart. But that would involve you learning some trading moves and how to use the charts to your advantage. Market makers are still being careful at the moment to see where things end up, so they are still ready to make any quick move. However, for those who may want to enter a long position, now may not even be the time for them as they will even want a safer entry and now isn't.

I honestly do not know and I really wonder that people just hear a particular stuff from some people, and then they spread it around like it is something legitimate. The market will always do pretty well without the Chinese involvement and moreover, who said that the Chinese traders are waiting for the festival to be over before they start getting involved ? That would be their loss as the market can always recover even then and if it happens to be when their new year is over, it is just going to be a plain coincidence.

At least, not having a rapid change but some solid candles and slow growth sometimes, can be a very good thing for strength, the more the rally within a region, the better and stronger the support in that region gets, so let's hope that we are in for a good fight against the resistance and the bulls are able to win to start pushing the price of bitcoin to the upper region.

Yeah, everything about the chart right now looks good and that is a good sign, obviously we cannot say much yet until we glaringly see the level of recovery the trend gives us, so let's hope it is the end of the downtrend when we go testing the downtrend line and see if we can take that out of the way and see the trend change totally. Eagerly waiting for this anyway, so let us see how it happens.

Yes, they have always allowed their emotions to rule them and that puts them in the bad side of the triangle. It is life, and we will always end up having people like this and over time, based on what drinker said, it is not like we won’t still be having profit trading the market or holding, the only difference is that, it is just going to be a consistent one as the market starts getting stronger and not this type of sweet huge profit within few weeks. The smart ones keep getting richer anyway, while the dumb ones will just keep getting poorer until they understand how ignorant they have been.

It is a really good signal. The market is gradually turning long, and although some still have the feelings that the market may be having some pull back when it gets to around $12k. I know that is the main target of the downtrend line and that would really determine where we are going next to confirm if the market really wants to go bullish or not.

For now, we keep our arms crossed as There is still a lot of resistance in this region, but really I agree with you that this should be some strong signal that the market wants to move up and we just have some few hours to know the direction where the market really wants to go.

It will really be a good thing to start seeing some money entering the market and that is really needed right now. Getting past this is most definitely turning up to $12k region.

As long as bitcoin did not end since 2009 till date, nothing is ending it. One thing is that adoption will keep increasing, those who see bitcoin for what it really is and those who get greedy and want to make quick money will always be in the show.

So, at the end it will always stay relevant. However, with the development so far with government, LN, fast and global transactions, adoption by big players, I want to believe that this is going to make it even more interesting in the long run to seeing bitcoin going huge.

The problem is 99% of the people do not know what you already know and that is what even makes it more interesting because you are more of an early adopter and we should be happy about that. A time will come when they will start realizing that they have missed so much and by then will start seeing how to be a part of it, when you are already swimming in profits, it is just time.

We need to start imagining the scenario where people start taking about bitcoins serious. It is always more like them asking each other where they have been when others were making the moves. Just the same question some of us are asking ourselves now where we have been when our mates were seeing the big picture back in early years of bitcoin. We are still in the adoption phase, the big guys are already seeing that and they are getting in, so we haven't seen anything yet.