One thing with a huge spike in growth and most especially those that happen as a result of manipulations and greed, they can never be sustainable. It is a normal occurrence in any market and the market will always have to pass through stages, and trying to jump start it into becoming what it should not in a short term, the chances of seeing it retrace will always be there.

It is just like in normal life, you can force a child to grow quickly as there would always be a lot of things to learn along the line and if you take a child that is meant to be in basic school to a high school, his brain will not be able to sustain what is being taught. Just put that child in the case of bitcoin here.

So far, I can even say it is apparent that the market is always sustainable when there is a steady growth.

If I may ask, how is EOS developing very well. The fact that it has tend towards decentralization or the fact that there is a lot of loopholes and lapses in what they call a product. I think I have lost my faith in EOS for a while now and the only way I can get to regain it back is if I get to see some improvement in terms of development pretty well.

I have never believed in a centralized system and this was the main reason I never liked ripple anyway, so in this case, I would rather say, for a project like this, I leave it in the hands of those who care. There are so many fishes in the sea with a lot of potentials, why will I want to go for something that could actually not end up so well.

But, I usually just leave a certain amount behind and just cash out when the amount seems big enough for me. The amount changes for everyone, 1000 dollars would be huge for me whereas it could be very little for you but the idea stays the same for everyone. If you are investing into something with money you deem fit and the price gets too high than you should sell.

I also try to trade 5% system as well where you buy something and than when it goes up 5% you sell it, I even put a sell order just in case if I am not there when it hits. I have missed a lot of much more profits this way but I also rarely lost money while trading.

Those many people you are talking about who cannot control their patience or emotions when it comes to trading should not even be trading at all, as trading with emotions certainly shows someone who does not have a plan or strategy and someone who does not have a strategy shows someone who does not have any idea what they are doing when it comes to trading and not ready to learn, and I must say people in this category always end up falling a huge victim when it comes to losing out hugely on their trading funds. The major mistake a lot of beginners make when it comes to trading is taking learning with levity.

What else is there to do ? Now there are places where you can directly buy altcoins with fiat however even than the fiat can buy you certain stuff and not all, for example you can buy eth and bnb and similar but you can't go out there and buy nano with fiat directly, best you can do is use something like usdt or something to buy it but even that is not directly buying it if you ask me.

So yeah, if I ever want to buy any altcoin at all, I usually trade bitcoin to buy them. Because I have no other choice. If there are methods that can be used to buy altcoins without trading bitcoin I would love to hear about them.

Well, there is nothing bad in getting excited and most of the time it is a normal thing to expect. The optimism in the air though is good as we keep seeing some altcoins trying to make a move, but that is not a guarantee yet. I believe bitcoin really have a lot of part to play in this equation before we can actually tell if we should be gearing up for a bull run or if we should not.

However, it is time would definitely be the only thing that would give us an answer. There is no guarantee to anything and all we can do is to wait and see. Also, generally, we have noticed in the past years with market being bullish in the last quarter, maybe we should be hopeful we will get to see the same thing this time around.

Well, 5% is not a bad thing as long as you have a strategy and the reward is higher than the risk. One thing with the bulls is that as long as the market has changed trend based on some of the signals you will definitely get to see, they will want to drive the market hugely to the level they can to be able to gain maximum profit as well.

If you are picking a market that is in a downtrend after a 5% increase, then, that is what we should be talking against in this scenario. Somehow, maybe as a swing trader, I believe as long as you know what you are doing, have a strategy, then, you won't be scared of taking calculated risks.

There is always so little Yobit can do on your case, which is always one of the reasons why people should never discard the use of 2FA. As far as Yobit is concerned, you could just be anyone trying to get in and faking an identity.

I understand that Kraken may do things differently, but in this case we are talking about Yobit, one of the shittiest exchanges we have so far which I wonder why a lot of people still make use of exchanges like this. It is always like not even valuing your own funds in the first place. Most of the whole thing eventually is your fault and it is a good thing you admitted that to yourself. My advice would be, find a better exchange and take advantage of the additional security features.

Yeah, a lot of projects in the altcoin space are linked to some real life product or the other, but at the same time, it is painful that just very few of them are, as a lot are just made out of empty promises with no real life product and in that case, the chances of linking it to the real world is not there. Usually, the idea of having a token or coin is to at least be able to fill up some loopholes or bridge the gap by disrupting the way things are done.

Bitcoin came about as a payment system and some other coins started cloning to come up with the same which at the end it is just an attempt for the developers to make themselves rich. When it comes to real world, a project must have a ready product in the real life that would be accepted and used hugely, and that is the only time we will say there is a bridge of gap.

Unfortunately, it is not everyone that will even understand what they should be looking out for when it comes to a break out since they have no trading knowledge. I totally agree with you that right now, most traders will definitely be sitting on the side line and waiting to see the direction that bitcoin eventually takes. The sentiment in the market is bullish but nothing is guaranteed yet, and playing with a sideways market now is taking a huge risk and trying to attempt to predict the future.

Personally, I have bought in some at $6100 with some stop loss below $5700 on my trade, and then looking to buy in more whichever way the market turns out.

Lately I have been seeing this "2020 is the time bitcoin will skyrocket" a lot in these topics.

Yes, when the miner halving happens the price will be more than what it is right now but people are forgetting that the price will be already adjusted to that before it happens, maybe a week before that maybe a month maybe a year but eventually when the day comes it won't change all of a sudden because the price will be already affected by it beforehand.

You guys should take your long term positions right now for it to worth something when that happens. Otherwise you will be all too late to get any decent profits from it.

Everyone started to open topics about how the miners halving in 2020 would cause the price go up but you are forgetting one eternal truth about this. Everyone knows this, EVERYONE knows that bitcoin halving will happen in 2020.

Which means yes as a long term investment it would be fine, if you buy right now and wait for 2+ years I am sure you will have a lot of profits when that happen and if you wait couple months after the halving than I am sure price will settle at a high price even above $10-15k levels which means you would at least double your money in 2 years, that is good ROI. However no one thinks that it would be a 100% thing, it is still dangerous because of Chinese free mining farmers.

Well, just as you have said, they will want to maintain the volatility of the market as you keep seeing it, and trust me most of what you see sometimes is bots at work, and they really do not have to sit on the chart all day.

Moreover, what whales do is emotional analysis. They look at the price zone where people are beginning to get greedy and they dump, and in this case, you will see some who really got into the market for the wrong reasons, panicking and trying to quickly bail out at loss, and these are the people that they target most of the time, and one of the reason why the only way this can be curbed is when we start seeing real life usage.

Well, unusable for sure for a while, but nothing will change in the long run as you will still be able to access them anyway once you are able to get hold of an internet. In cases like this, usually, a lot of things and activities get halted which generally affects that economy and getting out of it sometimes can be very tough.

But I do not see how this would generally affect cryptocurrency negatively since it is a globally used digital currency and a disaster in a place will only lead to very few people not being able to access their cryptocurrencies, that is all but eventually, this is not going to be forever, unless maybe they lost their private key in a collapsed building though.

Well, the usefulness is there and that is for the fact that it can be used as a means of payment. Yes, one way or the other, it can aid international transactions, international trades without having to deal with the banks, over the years, people can even start getting well to do for themselves without having to depend on their government and in that case, we may see more jobs and so on.

But all these will only be common in a place where mass adoption was huge within that country, which is something we may not be able to see pretty much. As long as things are not in place within the country itself by the government, nothing will change in the economy.

I really do not see why someone will even decide to pick the idea of ranting rather than picking the idea of learning. The problem with a lot of newbie is that they never learn and all they were just after anyway was not the future of what they are investing in and have no idea what they are investing in at all, except to just look for a quick way to want to get rich and because of that they just keep ranting and whining whenever the market is in a downtrend.

If he is not seeing an opportunity on ground to invest in the long run, then I really wonder what he has been doing here in this space in the first place.

Anyone who is tensed is absolutely someone who is just so particular about the short term and has no vision on what the long term may be holding. Those who get into a market because of their believe in the long term being a successful one, getting to see real life usage and huge demand for what they are holding, and so many more, will definitely end up not getting bothered with whatever the market is bringing in the short term at all.

As long as people will always keep seeing things in different light and looking for fast ways to get rich, their judgment will always be clouded and this is one of it.

Now is actually a very good time I must say. We have seen a whole lot of the altcoins bottom out completely and some are consolidating while some have shown some strength but all depends on how the general market tend to move which we all believe that this Q4 should come with some pretty good goodies as the case may be. As long as you know what you are putting your money into, you believe in the long term prospect of the project and you know the chances of seeing a huge growth is bound, then this is the time to start picking your favorite altcoins.

May speed up but the million dollar question is when. It is definitely a good time to buy bitcoins but about altcoins, it may be or may not be. It is purely based on which coin, you will be choosing. I mean some altcoins may roar and many may not.

I have been trading for a while now and I have never for once regretted it. I also once had the dilemma of trying to choose between trading and mining in the past, and after knowing that at the end of it all, mining is just something that would still all be tied to the long run and you really would have your capital tied down, I had to opt for trading but really, it took a lot of time and learning to be able to do it right and well, which is what a lot of people do not always have patience for.

Campaign on the other hand is just an easy thing to do, so I really do not see it as anything big not to be able to handle with another possible means of income.

That is really one critical moment for a whole lot of people presently in this space but that is because they have chosen to make it a critical moment because there is nothing critical about it since it is giving a chance to buy lower anyway.

It takes someone who does not have a vision focused initiative to be so concerned about the short term when the long term is going to be huge eventually and taking the opportunity that the market brings now by buying low is just the best shot to take advantage of the market. So far, I would say the only critical moment I have had was being a victim of the MtGox hack in the past, but I have really moved past that long time ago until all these recent news about payback of some sort.