I would say people who are in this market are just assuming in their head right now how well bitcoin is going to make them rich in the long term and they are not investing because they believe in the long term potential when it comes to the usage of the market globally for a lot of reasons. So, trust me, I am not surprised if I see a lot of people in this market with their naivety seeing this space as gambling and not even considering the risk involved before hitting the market to invest or trade.

Do not stress yourself, as long as it is this market and for now there is no regulation in place, there is so little you can do in reporting fraudsters, and it is not like they will give you their identity in the first place. Most important thing is to ensure you have all the details of what you are investing in. Dig as deep as you can and don't fall for anything you are not sure about. I always keep saying as long as you know you are not sure of what you are investing in, then, do not invest.

Little capital or huge capital, what is important is to understand what you are doing. However, no matter how little you think your capital is (at least to you), you have to realize that profitability is by choice and that is based on how you are able to find knowledge, stick to a pattern you are cool with and trade it accordingly. People tend to think trading should be an easy money making venture, but you have to realize that even with your little or big capital, you can still quickly blow it all away within a short period if you are ignorant.

Lol. Honestly, no one cares! Bunch of guys like this just trying to gain recognition for their stupidity and as far as I am concerned, the only thing guys like this are good for is baseless predictions and trying to tell you I told you so in the long run. I only blame those who act on what they say. No one can predict whatever happens to the market, anything any one says is just baseless speculation. Whether the market has reached bottom or not, only time and trend can give that answer, and the last time I checked, Tone Vays is not time and trend.

Bitcoin still remains my top notch coin to trade, with some few altcoins on the top 20 (some of them though). Basically, most of the other altcoins below that for me, is more like a long term thing for me, which I tend to buy low based on some trend changes, and then sell high as the case may be. However, for short term possibilities and gains, I tend to prefer, bitcoin the more for a lot of reasons. For strategies, I am a momentum trader, and I still do that making sure my stop loss is intact.

Well, it is a normal thing to back away from something as a person, most especially when the condition is not favorable for investment and that is how I basically feel most investors are thinking right now when it comes to investing in ICOs. Certainly 2018 was like the worst year for most ICOs, but it is what it is. However, it is interesting to note that a lot of investors are becoming wiser these days while making sure they consider what they are investing in first before investing in it, unlike before.

That would be a hard thing to tell for now, if you want to start comparing last year with this year, you have to realize these are basically two different scenarios entirely. However, it is the market, anything can still happen, but I usually prefer to use the trend for direction and not stick my mindset to what happened in the past. Sure, there is a likelihood we might go down lower, or consolidate for a while, but time will surely tell, and how we are able to use the trend to our advantage is what matters anyway, but if you want to consider all the Januaries from the beginning of time when bitcoin gets trade-able in the market, you will realize even your past assumption is wrong.

I have never even seen any good reason for huge caps, and the funniest thing is that some of them do not even really have so much to offer in the first place and all they care about is to make huge and shit load of money. Trust me, the main theme for the ICO market presently as far as I am concerned right now is 'high level of greed'.

Predictions were never even meant to be a promise, they are just basically a means of anticipating what could actually end up happening in a market position as the case may be. The thing is that a lot of people usually assume that when it comes to predictions, they should always be right, but in the real sense, if predictions were meant to be 100% right, there would have been no need for stop losses.

I want to believe in the scenario of a global economic crisis, a lot of people and investors will need to put their funds in places where they can still store value for their money. We all do not know yet how bitcoin or the likes will be serving at times like this, since this will simply be the first use case scenario in terms of a financial crisis, but one thing is certain, it was created for that reason and I believe it should serve that reason ultimately.

As long as it is even an asset, losing it should not even be an option because even if you think the amount it is now is small, in the next couple of years, you would end up finding out what you lost could have amounted into something huge. I guess those who lost their bitcoin when it was less than a dollar would have that to attest to at this stage even with how bitcoin is low today. This is one good reason why for long term holders, it is always very necessary to make sure you are using a wallet where you have full access to your assets and cannot easily get exposed to vulnerabilities.

Sometimes, when I see the way people analyze patience when it comes to trading, I tend to wonder if they actually understand what trading means at all.

Trading is not investment that you are just holding for the long term, which in this case, you are basically taking advantage of the fluctuations, and patience is actually the last thing you want to be considering.

Have knowledge, build a strategy which includes where to buy, sell and place stop loss, and then execute it with confidence after practising for a while, and i see no way patience should even come into that equation at all.

If you are talking about the idea of virtual reality and its long term prospect, I would say there is a big prospect but a lot of questionable efforts so far with most of the project's approach.

However, if you are referring to trust here, then a lot of that will have to do with the team, the availability of product and the business solution or vision of the team in the long run. A lot of people have invested into empty promises or scams because they do not get to check all of that.

That is one thing that is for sure, but looking at most of the development going on in our world today, the fact that instead of fighting it, most countries are beginning to see it as an alternative payment tool that will actually even help them boost their economy looking at the likes of Malta, Japan and the rest, and then over time, i believe as we move on, we will get to see even much more development in this space, that will make more investors feel relaxed to want to come in and be able to benefit from the main value that this space brings.

Being cheap does not mean you should just hop into anything you see. Some altcoins may be good for investment and some may not be good. One thing you just have to understand is to have the knowledge to be able to differentiate between what you should be taking a risk on, and what you should not even be bothering taking any risk on, everything about altcoin is risky, and there is no doubt about it, and it is how you manage the risks most of the time that matters at the end.

Probably that should give some people the clue that, no matter how much some keep pronouncing bitcoin dead, it just keeps coming back stronger, and in the end, they that pronounced it dead and those who want to believe that, are actually the ones who always miss out at the end. This is nothing new though, and i know even if bitcoin gets to possibly over $1m, and there is a correction, some will still keep coming with their obituary posters.

Since you have so much money to spare, why ask us to put in a one time payment of 0.005BTC when you can just ask us to drop our address now and start giving us 12BTC each?

I am sure it is either you are basically high on some cheap weed to think we all will be dumb enough to believe this or you are basically just living in your own fool's paradise. You really do need to get a better job as this just made you sound extremely foolish. Ponzi schemes at this age? Anyone who falls for this is just as dumb as you are.

If you want to take that as an offense, read my lips; I do not care! I wonder why my middle finger tend to get an erection at times like this.


I am happy you realized that yourself.

I would say it depends on how things get to play out during or before the yuletide season. If we get to have some pretty good growth, with some chances of seeing the market make a huge move somehow to the upper side, and knowing there could be a correction afterwards for the mean time, before we continue with the uptrend in 2019, then I may likely sell, but not because I need money for some Yuletide, but because i need more money to increase my stash for the future. Pretty much that is what counts for me at this stage.

Sometimes, I still find it a bit hard to believe that people could be a part of a system, and they really do not care about the system or do not even want to bother to understand it, which is one of the reasons why we will keep seeing those who are just so keen about trying to only make something out for themselves in the short term and never be able to focus on long term.

Buying cryptocurrency should be because you actually know what you are getting into and what you are holding in terms of its potential and what makes it tick for the long run.

I know this may sound somehow impossible for some, but really, to be successful in trading, you need to have the mind of a machine. Now, you cannot have this if you do not have a strategy and you cannot have a strategy if you do not take your time to learn.

Let me explain myself better, for instance, when using trading robots, you input your strategy, and they do it better because there is no emotion attached to it, except that they just do exactly what they are programmed to do. You cannot do well without a strategy and you cannot do well too when you keep changing strategies over and over again.

Learn, get a strategy, build on it, and then trade it like a pro. It is imperative that you get to see trading as a profession, which would always make you to see yourself having to let your strategy play out than letting your emotions rule you, which I believe most new traders are guilty of.

What makes you even better than a machine is the fact that you can think, you can fine tune your strategy with experience you keep gaining over time, but when it comes to never letting your emotions come before your strategy, you need to be like a trading machine.