Right. Rather than even looking for shortcuts which most people always do by following some traders on some platform to tell them what to do, why not just use the little time you have to always learn something new online and see how you can get a grasp of the indicators as well as some analysis to your own advantage. It is a terrible thing to always rely on other people, when you should be able to make decisions on your own.

Anyone who wants to start trading without any knowledge about trading is more like someone who is going to a war without guns or any knowledge of battlefield. The trade zone is more of a battle field, so without the knowledge and the tools, one would just be busy doing rubbish until such a person end up losing bad and giving up at the end. It is what it is with trading, and even though risky, those who are smart enough to learn are making a lot from it.

I wonder why we keep saying it has the ability when it is of course already being used globally. Gone are those days when I would have to start sourcing for dollar in my country just to send to a merchant in Japan as an importer. I can easily just send bitcoin from my country without any hassle at the comfort of my home from my wallet and then get my consignments.

If that is not global already to anyone, I wonder what else is called global. One day or other, bitcoin will definitely become as a global currency of the world for the people who adopt digital systems and for the rest of people it may take century of time to serve them as a global currency.

Lol, there goes Tera again, the bear king! Well, that is your own reasonable price and of course your opinion and everyone is absolutely entitled to theirs. It is going to be really a lot of hell for so many alts if we ever get to see this happening at all, but considering the possibilities of seeing something like this happening? Not yet and even though you feel the value is reasonable, the likelihood of it happening at least for now, is zero to none.

We are already seeing a lot of things happening in the world of cryptocurrency and with bitcoin being in the forefront, so for anyone thinking because of the downtrend, bitcoin is gone for life or will not reverse from the trend is definitely kidding. We have been there before and we will be there again, but at the end of it all, a time will come that those like Tera2 wishing for $1000 like he said above will be wishing for a reasonable price at $50,000.

It is not your fault because you obviously do not know how to trade and you do not know what to look out for in a trade to make a decision and for people in your shoes, it is always better to just hold than trying to gamble your position in the market. Not everyone can be a trader, but the thing is everyone can be a holder and decide not to worry about what is going on in the market as long as they are sure of the future of their holding.

The main thing is to know when to be sure you are having a change in trend. It is not all about the backup, even though you will need fiat as a stable currency anyway to hold up until you are able to get more of the bitcoin at dip, but you need to be sure as well that you are making right decisions either when selling or when buying so you would not end up missing a good chance.

In fact, for ICOs sake and not to get the whole space polluted, it is something that is highly needed. As much as some may have a dislike for it, it is already apparent that for the sake of the future of cryptocurrency and to even move ahead and get going with growth, development and adoption, regulation is definitely a must but this will have to do with how each country stand to do their thing.

Regulation would make nothing difficult. Apparently, each country may have their own form of regulations which probably would affect exchanges, but in the long run, this is something that we all know would not be a big issue since they will be benefiting from it as well. Also, we cannot see anything like a single global regulation, like I said; it will be limited to each and every country.

There is nothing wrong with exchanging your Bitcoin for Monero. Yes it will help save you the loss you might encounter now that the price of Bitcoin is fluctuating up and down, but the only problem is– what are you going to do when the goes up quickly even before you know what’s happening ? Then you will lose the profit you’re supposed to make then.

Bitcoin is very volatile, in fact more volatile than other cryptocurrencies, but it is a good thing. So, I will advise you not to exchange your Bitcoin for Monero, leave it there and wait for the price to go up.

I think you’re making a mistake in the topic, Bitcoin is a virtual currency and is also a digital money cause it can’t be used physically like we do with conventional currencies.As for people who are thinking that Bitcoin is worthless or scam or whatever it is they believe it to be, it’s just their own business. Our success doesn’t lie on same spot, we all have places where we can achieve success, and till you find that source I don’t think you will make success. So if you believe cryptocurrency is the right place for you, then go for it, but if it’s not, you should find another thing.

As of now, bitcoin is widely being used as an investments compared the people who opt for using as a currency. But, only for gambling must be a complete misunderstanding and you must put efforts to make your people to get the actual of bitcoins.

I’m starting to believe that $6000 is the lowest that bitcoin will reach this year. So investing now wouldn’t be a bad idea. If you have paying attention to the price, whenever it reaches $6000 it usually starts going up from there. I also believe that before the second half of the year the price will start going up just like it did last year. Earlier this year I was seeing some people in this forum predicting that price will go up starting from May and that’s next month. I hope it does, cause I have waited for long, LOL.

One thing I am sure they cannot achieve is to restrict people globally from experiencing this level of freedom which is what the idea of decentralization has brought. They know that already anyway and from few things that could be deducted now, it is more like, generally, their hands are tied. It has been an interesting journey I must say, most especially for some of us in countries where we have been totally enslaved monetary wise. Whatever comes out of all this collusion, can only lead to regulation to some extent and the adoption of blockchain technology itself.

Apparently, I would not expect someone who has decided to tend towards the greedy path to not get emotional. Like you have said, most people could have decided to borrow just to hit it big, pay up their debt and then live a big life without even understanding a single thing about what they are throwing their money into.

Obviously, people like this would get emotional and panic, but for someone who invested just little and understand, would rather just go on with their daily activities without worrying about what is going on.

Greed is actually what has made so many investors to miss out on great opportunities. I remembered early this year when my altcoins were doing well and I had the chance to even take out some when the trends were reversing, but ignorance and greed just made me to not utilize those opportunities.

Yes, I have not lost anything, but still I could have made a lot from it. Hence as an investor, it is not about buying alone, you have to keep yourself with the best of knowledge to able to take advantage of your investment area.

Good that you even won something. I never had a single luck once, and I really did not bother since I only bet with the little I could have dashed out anyway, but it is a past tense now. I bet, gambled and tried out so many things, but when you are just not lucky, you are not. I tried out lottery in the process too, but all the same. The experience was really crazy, so most times; I really do not always have much positive story to tell.

Other than addictions, being greedy must be another reasons why they do continue. We do think gamblers who are facing losses alone do keep coming back. But in reality gamblers who are making money also keep coming back to make more money. Their efforts will not stop until they lose their faith.

Some people do hear success story from others and want to make such incidents in his life also. So, they do keep trying to find their fortunate times with gambling.

But for dice gambling, we can go for few strategies which are all based on mathematics formula but in real life I'm not finding anyone successful due to those strategies in dice gambling. Because not just mathematical formula will help anyone to win in gambling but they must have some very big bankroll so that they can withstand in gambling to beat the house.

I mean to say just mathematical formula will not help anyone to win in gambling but we need some other support like big bankroll and experience for when to stop and when to increase the bet amount.

If another state issues its own cryptocurrency it wouldn’t have anything to do with Bitcoin and won’t make Bitcoin to end or continue to stay (it won’t have any effect at all). But from what I’m seeing, even if Bitcoin doesn’t stay forever, it will at least stay for many years. I know the government is kicking against (not all governments) but that’s not going to be the reason for it to stop being available.

Yes, anything may happen but by looking into the possibilities by considering the potentials of bitcoins, it would be very rare for the collapse of bitcoins due to government's regulations as bitcoin is basically out of reach of any government as bitcoin being an asset, it is a basic human right.

You’re not the only one that has lost money in this, there are lots of others. If you have altcoins, there is still no problem, all you still have to do is hold it and wait till the price increases. One thing for sure is that whenever the price of Bitcoin starts to increase, altcoins will follow as well and will start increasing. Selling your altcoins just because you are losing money is not the right thing to do. You should have patience, don’t trade everything due to being desperate. Be calculative.

Yes. I am simply ignoring my losses by holding my positions until I am getting to profit regions. It became possible for me to hold only because of I am trading only established assets like bitcoins. Otherwise holding finitely will not at all possible.

This makes lots of sense to me, and it was what I expected to search and analyze. I do see a big help that comes from reading the article from the link you posted, checking sites to know current transaction fees will change and will help on reducing the fees, it will still be very big help to this community. But, there is no way we can escape the fees, no matter what we do, we will always pay some fee that is meant for every transaction. The only thing we can do is choose the comparatively lesser fee coin and exchange, but it will make us slow by giving you lots of hassles and headaches. I prefer using the priority. There isn’t much difference to the fees.

Yes, sharing is a always a good thing, I’m also the type of person that loves to share… but not in everything. There are some things that needs to be kept to self and not shared with everyone. When I got into Blockchain the first time, I was feeling excited cause what I was earning from it and wanted to tell everyone I knew… after giving it a second thought, I changed my mind and decided not to anyone again.

There are some things that needs to be kept to self and shared with everyone. But my family is aware of that already, just be a use they are family. But for outsiders, I never tell them, although when I see people talk about Bitcoin I do advise them to get into it.

Two years is absolutely a long time to wait but there is nothing that is not possible. If the OP is trying to make his assumptions from past incidents, then I would say he is making the wrong call because a lot of things have changed and it is not really ideal imagining things to just happen the same way. Take a look at the way things are rapidly growing like you said, I do not believe that the market should really not have some green light before this time.

One point in time, the market will give that chance for the bulls to take over and we can switch back to an uptrend. If we decide to consolidate for 2 years, that would just give us a chance to accumulate the more, but the truth is that, no one absolutely cares for now considering that the future is what that matters and that is what every sensible investor is looking forward to.

It is best not to expect just too much from this market as it is now. We are all hoping to see the market growing pretty fine, but at the same time, we still have to consider the possibilities of anything happening, which no one can absolutely predict.

We are in a market where things can just happen unexpectedly, so I would not really be too much in a haste to assume for the market, but just wait patiently to see how thing may end up turning out.