Mostly panic sell follows a big news. Usually it is traders who release their holdings when the price reaches an all time high. It’s obvious from the past price movements that reversal always happens and bitcoin doesn’t keep going up. Many traders keep a fixed price in their mind after which they exit the position with whatever profit they’ve made.

I know most people find crypto hodling better and would disagree with me but I think trading is rather less risky. We are not yet very sure about the future of cryptocurrency. Imagine keeping holding on to it in the hope that it will rise very high. When it starts falling you still believe that it will rise again but the opposite happens. There are real examples when many cryptocurrencies couldn’t climb back. I prefer benefitting from price movements that happen during the period of a few days or weeks.

I know that these kinds of events have a greater impact on the market but to be honest, I’m done with any crypto news that is about China banning or removing their ban on bitcoin. I think China is that one country who just doesn't want any other country to benefit from some big technology. You can’t say they are against Bitcoin just after seeing them banning the mining activities.
We can never know what they are up to. If you have faith in the crypto market, keep it strong and let them do what they want to do in their country.

If you have kept your money in the crypto market for a long time during a bull run, that probably means you are more of an investor. If that’s the case, don’t be afraid of the bear run and let your investments as it is. You can reap the rewards when the cycle repeats. However if you don’t have the heart to see the value going down then simply withdraw your money with whatever profit you’ve made and put it in some other asset.

Depends on the strategy you are using, and your risk appetite.

It's true that get rich quick schemes are everywhere you look on the internet. People should think twice before throwing their money away. Always be careful about what you're putting your money into.

The development of technology is good, but being ignorant about the risks and implications of the technology could be bad. People should think before sharing any personal information.

There are plenty of online resources that will teach you more about what Bitcoin is and how to use it. Search your queries in the search engine of youtube and google, you will get many good sources. All the best

It is difficult to predict the future of Bitcoins. Currently, it’s hot, and we should make the most out of it.

@CrossroadBTC HODL is only good as long as you don’t hold and forget. Hodling is less burdensome but you still need to keep a close eye on daily movements because crypto being highly volatile can yield most unexpected results.

So we are literally talking about taking bitcoin to the moon.
As for the environment, it’s a great step forward because we won’t be destroying planet earth and utilizing natural resources to undertake these processes on the moon. Also the day time on the moon is much longer than on the earth. That’s another good news.
But if we talk about viability, I doubt that.

Yes, trading online is a good way to earn a lot of money, but always having a backup plan can be even more profitable. However, you can also earn money selling your skills online through various platforms

I have my eyes on litecoin and neo, and using coinexx for cfd trading, leverage is good.

How about trading bitcoin? But of course, you need to first make your technical analysis skills strong, along with risk management. But once you’re able to do that trading can be an option.

Let’s not forget leverage, one solid tool to amplify your earnings. But a word of caution: it’s only for those who know how to manage risk and have a strong risk management strategy in place, like using only limit orders and a fixed sl, risk/reward ratio at 1:2, and keeping an eye out for all the correlated factors.

Bitcoin Mining isn’t a waste of energy because it supports the network. As it can secure transactions, fulfil contracts, and protect from counterfeit, Bitcoin has value as a currency that is created and backed up by energy.

I consider bitcoin a social movement because:
The community is involved in the project. Jeff Garzik, one of the bitcoin developers, explains that "Bitcoin is a peaceful social revolution."
Many of the early adopters believed in this revolution and were strong and influential enough to push it through.

We already know that crypto is a highly volatile market so there’s nothing unexpected in these price fluctuations. I believe that bitcoin is a long play, if we look with a wider perspective these fluctuations don't matter in the long run.

People are always skeptical of things that are not backed up by a central authority. Things will change eventually. Right now the government's resistance to bitcoin is also affecting people’s decisions.

@Sanugarid Every story has two sides. Our trust in fiat currency makes it valuable otherwise it is not backed up by any tangible asset. Even in central exchange banks we can only exchange money for money, we can’t exchange it for goods directly. In the same way many firms have started accepting bitcoin and if you are not sure about investment, you can always trade bitcoin and convert your earnings into fiat currency. Scams can happen even while using fiat currency, you just need to be a bit more careful.