That has been how it is for years and you’re not the first person to bring this issue up, so many people has always been talking about it and they keep saying it repeatedly. Transaction has always been the problem with Bitcoin and the devs have not been doing anything about it.

We have seen Lightening Network introduced , but no one even makes use of that, you will hardly see any of the wallets integrating that feature. All the top wallets that I have been making use of, none of them has that lightening network feature, so I always have to go with the normal transaction. And I believe the reason why they haven’t allowed lightening network on their platforms is because it’s still in development stages.

I still think that Tesla accepting bitcoin as payment is a bigger news than the market responded with. It dropped because of that 6 billion options being unlocked but the reality is that we should have reacted to this a lot better.

I get that you may not like bitcoin accepted for a car is a big deal, you may think that way and I respect your opinion, but the reality is that if we end up with more companies starting to accept bitcoin, that would be huge deal. Think about amazon starting to accept crypto again, think about microsoft, think about google, think about facebook, basically think about all the big companies in the world starting to accept bitcoin. That would be a huge dela right? Well that will start only with one company and that company could be tesla, with them starting to accept bitcoin, that could be domino affect that starts mass adoption.

Everyone knows that this year started awesome, no year has started this awesome before, usually the ends are good and starts are bad but last year ended awesomely and this year became even more awesome, the price when the year started was 29k, that is right we were literally under 30k when the year started, if we go back evne more, it was under 20k just early December months, and right now we are fighting over 50k in the end.

That is why I think we are not going to be like any other year seen before, we are going to make as much money as we can and that is why I am very much in love with bitcoin as well, it is an awesome situation and everyone should invest into high level crypto currencies. Fiat world is designed to make you lose money, there is no way you could make any money from that, but if you are lucky and smart enough to invest into right crypto, you could make serious money from it here.

ETH prices and the fee doesn't have a real connection, the only connection is that if you are spending 0.0001 ETH on transaction that could go up or down but as long as its little ETH how high could it get? If the only thing that made the fee's higher, we would have seen 10x higher fee and that's it not more, it would have gone up like eth price did, but the reality is that we are paying more ETH during this period as well and not just regular price.

It means we can have cheaper during this period as well, wait until July and you will see how eip 1559 will help us as well, that will make the fee's go down as well, it will not be simple but it will happen. That way all those excess fee charges by miners will be gone, I can't be mad at those miners neither because there are rich folks who are capable of paying that much that causes all these charges.

Non-Cash has been a thing for nearly 30 years if I am not wrong, non-cash refers to credit cards and checks and wire transfers and basically everything that is not giving someone paper banknotes, that is what it means in my nation, so I do not know about the world.

On the other hand just because something is using blockchain doesn't make it a crypto currency neither, digital currency that uses blockchain but controlled by the states itself with basically centralized control to do whatever they want, is something that would be actually worthy, there is nothing that we could do to stop them from controlling it and doing whatever but that would at least open the doors for nations to accept crypto as a good thing. This is why I find it very good, I do not know when I will be using it, but I think even if I do not use it, I would still support it.

Just invest the little amount, maybe the way you have stated it, $6000 straight up and the other $6000 with a stop loss and then watch the market. The market, from last week, dropped from $60000 price to around $50k.

But it has been on the move, so your luck will be if it hits that $60k price again. I can’t tell you for sure that it is going to reach that rate, so it’s going to be by chance, but it has been going up, even the chart today has been showing green and it’s been on the way up, so hope that it increases. Though judging from when you made this post, if you have invested since then, I believe you have made profit by now.

Crypto is really the next big thing, so it doesn’t come as a surprise to me when I see companies accepting it. This is not like in the old days, this time around there are lots of people who are now making use of cryptocurrency for personal transactions, and if these companies or organisations chooses not to accept it, then it’s their own business, it doesn’t stop anything at all.

From time there have been lots of ways that one can spend their coins. As I am seeing it there will be more companies who are going to be accepting cryptocurrencies, more of these are going to be happening this year. Let’s all be looking forward to something really big.

Patterns create our life, we may like it or not, we may break them sometimes but if you look at most of the humans on earth they have a pattern all their lives as well. You wake up, you go to work, you come home, you do something you like and you sleep and you do that like for 40 years of your life.

Similar during school as well, just replace work with school and that's it. We as humans are programmed to have a pattern, all of our life is patterned, even our "having fun" periods daily are patterned, if you are a gamer you game, if you want you can watch netflix, but it is almost always the same.

This is why I think it is quite obvious that when we are trading, we do the same things as well, because we are so patterned in every facet of our life that when it comes to trading we do have a pattern as well, we do the same thing over and over again creating a routine for us.

The ALTCOIN season will come it’s just with time , we can have patience till then, for now we have got to focus more on bitcoin, since Bitcoin has been increasing big investors has been more focused on it and they keep on investing huge amounts of money into it daily.

They never mind the price, even at this high rate they are still buying it and pumping the price to go further, I even saw news today trending on twitter that Microstrategy invested a million worth of dollars in Bitcoin recently. With such news trending daily, it will be attracting more retail investors to be investing and also more whales.

This makes sense, however even though I am a normal person I just write "hello" or "hi" when I am starting a regular chat, it is sad to see that manners became something suspicious. I am not saying that you are wrong, many people these days do not greet each other when they first start talking so it is actually quite a good method to figure out who is real and who is a scammer, but it is also a sad fact that regular people do not greet each other before they talk to each other. If you ever end up talking with me on telegram and I say hello, do not assume I am a scammer .

I am just a polite person who learned that greeting someone and saying hello is good manners and that is how you start a conversation, you also ask "how are you" as well and even add "I hope you are doing ok" as well, those are things I say to start a conversation and then I write what I reached them for.

I do not believe that miners decide the price, and that is why I do not trust this opinion neither. I think it is obvious that we are in a world where financial institution play a bigger role than miners, and yes I think they used to play a bigger role but with halving it got less and next halving will happen in 3 years and that will make it go down so low that it is not going to be important at all, they will be basically gone.

With stuff like lightning network and so forth, they are not going to make too much money with the fee charges as well, so all in all I think it is quite obvious that we will not be doing something that would be benefiting anyone. So at the end of the day, electricity consumption is nothing, sure it may decide what miners would be selling for, that is important for them, but we are much bigger than that now and I do not think it will matter anymore.

That's most probably a way for them to unload and use companies as well. Think about it, they charge you a trading fee, and what do they do with that trading fee? They mostly hold it and not sell it, if they kept selling every single profit they made it would crash the bitcoin price a lot, they can't do that on the market prices because it would go down and cause them to lose money. What did coinbase do? Found some companies who wanted to invest into crypto, they gave a bit of a discount so that they would pick coinbase, and eventually sold it wholesale and got out.

This way companies bought bitcoin with a discount, market was intact and didn't get destroyed and coinbase gave away all their bitcoins for a good price that would have been less if they sold on market. Everybody won from this deal and I think that's what happened with the exchange reserves.

It is about crypto alone, you can combine many things together and you could create yourself a career in crypto very very easily, only if you work. On paper it is very simple, but actually doing it is incredibly difficult. What do we have in the crypto world? Two types, one is financial which is trading and investing and many other things, the other is actually working with something that would be beneficial for the software part of the deal, the blockchains the features the defis and many other things that were created.

It means you could be either a coder for crypto world and code something new and better, or you could just buy and sell and make a lot of money that way. Which means you could study either economics or you could study software engineering and at the end of the day you will be capable of helping the crypto world even if your study wasn't called crypto currency.

I do not think that we need to "understand" the logic behind it, if we do not see that as a valuable thing then we do not spend our money on it, if we see it as a valuable thing then we pay as much as we value it and if someone else values more they will get it, if they do not value more then they will not get it.

Long story short we are in a situation where we really do not need that much understanding of why people pay that much because some people just value these things, they believe it should worth a lot and that is why they buy it.

I have seen a painting that I think worths the biggest amount of money ever paid for a painting, but in reality it was just 10k dollars, I still didn't had that kind of money but if I did I would totally buy it, it was better than Mona Lisa or anything else ever painted ever, but people valued it at 10k dollars, these are all subjective things, we should not try to understand it.

I think it’s heading towards the direction of becoming just that, a store of value, with the way things are now. The fees are very high just like Bitcoin has been for sometime now, although I still feel that it’s just because of the bullish trends and when it is over ,they are all going to be reduced in fees and another possible reason the fees are very high now is because of how congested the network can be at times like this.

This time around a lot of people are avoiding making transactions with Bitcoin and Ethereum because of these high fees, mostly those that are making small transactions, imagine a transaction of 50 dollars and you still have to pay a fee that is very close to that lol, so a lot of people are avoiding that. Everyone is switching to a lot of other altcoins that are letting them do micro transactions without heavy fees that will crack their pockets.

I understand that you’re in need of money to assist your family, but I hope that you’re aware of the risks that are involved in investing your money in cryptocurrencies such as  Bitcoin? Because I am seeing it, the $200 seems to be your all and you’re in serious need of money which might not come quickly. But if you’re looking for coins to invest, then you can start with Altcoins, there are so many altcoins are really growing, even though Bitcoin seems to be in a locked position, some altcoins are still moving and it seems stop have not affected these coins.

One really good coin to check is Polkadot, and then you can invest in Tron. Ethereum is also a good one but the fees has been high lately on their blockchain, so don’t think it will be a good idea. You can as well invest your money in Bitcoin but you’re going to be benefiting from it if the price go above the current and maybe reach 100k dollars.

It has always been all about having patience, if you can’t have that patience you’re always going to be missing out. And another very important is trying to invest when the market is at a lower stage (during the bearish trends), I know why I am saying this, because during the heavy bearish trends the market tends to be at its lowest level and that means that when you invest at that time and there happens to be a bull market in the future, the price is likely not to come back to that low state anymore, and you will as well have the courage to Hodl. Anyone that invested $40k price will be afraid of any sudden price change this time.

Stop loss is never useless, there is a reason why there is stop loss and it describes itself already.
Some people and their greediness, that’s what makes them feel like stop loss is useless.
Just because you used stop loss for once and then you ended up missing a little opportunity doesn’t mean it is useless.

There are times like you have said, when the loss will be too much, but those who are making use of the stop loss feature will have their ass saved from too many losses, but those who don’t have it on will lose way more. That’s just how it is, there will always be both sides, and you just have to know how to use it properly.

I think even when spotting and investing in good coins one should always cash their profits because being virtually rich is easy but not useful. I have at times felt like I am a millionaire because the coins I bought were rising nicely and constantly but then a drop happened and all the plans and dreams shattered. A lot of investors who bought dogecoin at $0.002 might be thinking the same but if they aren't able to sell them within the bull run, they will feel the same.

Just invest in Bitcoin if you are considering buying for longer period, yeah it sounds stubborn and common but that's the truth and hence so commonly heard and suggested.

That is an excellent point because having regrets will make you greedy next time and being greedy will eventually only prove fatal.

Ethereum is already beating them with way too much gap. But ADA has been doing great sitting at the fourth position and followed by the next competitor at the sixth position which is Polkadot. Most of these coins were created to correct what a lot of people don’t like about Ethereum, but as usual the first is always being the first and that seems like it’s not going to change.

And it seems to me like a lot of people are waiting for the ETH 2.0 to be released, the way I have been seeing it trend, and when that happens a lot of them are definitely going there. But that doesn’t mean that it’s the end for the other coins like ADA and Polkadot, they are still going to be there and nothing will happen to them, no matter the position they stands at.