In bear market, it is not really hard to make profit, the only factor that has been making it look too difficult is because of panic sell that most weak investors do and the fear of the coin getting dumped at any time which might lead to fatal loss when trading, I agree with you but now that the market has bottom, most weak investors has already left the market and most coins are all reaching out for upward prices now and even if there is going to be any fluctuation in price, it is usually in favor of bull now though the price difference might not be much but the little profit on them is still worthy of taking.

Lol, you know why I am laughing mate ? Many of us here will go about advising newbies that are trading to learn not to be greedy and trade with little profit if that will keep their investment safe, is it not the same things that is about to play our here.

Don’t you think it is far better to trade bitcoin that one is sure of getting little profit than to trade or gamble with a coin that will eventually lead one to total loss. I am not saying altcoins are bad to trade but when they are coins that are being pumped and dumped, it is quite risky because it might be the time one gets in that the coin starts experiencing further dumping.

If it is exchange for FIAT, I never knew bitfinex is used for that, I have always thought that they are crypto exchange and trading platform, It is LUNO that I have strictly been using for a very long time now for my fiat exchange and they have never disappointed me, my deposit takes almost instant and my withdrawal is within 24 hrs but I don’t know if LUNO works in your country  but for my crypto and trading exchange, the best of all exchanges I am aware of right now which I call the king of exchanges is Binance, I have been using Binance from the moment I got into the  crypto community, low transaction fees, fast withdrawal and deposit.

For now, I think the best exchange I can recommend to you is Binance which if you research yourself, you will realized that they are still the biggest for now and still the most effective exchange you can trust with your fund, although as many people and experts will advise, never leave your investment on an exchange except you wish to trade with them but for holding, always make use of a hard wallet for your savings.

There are so many things you can really benefit from their platform, such as very low trading fee which is still the lowest for now and investing in the right project through their Launchpad.

I think the reason why people celebrate what they earn from gambling as profit is because they feel they are been paid for the pleasure gained from the game. I gamble for fun and I don’t consider all the money I put into the game because I see it as if I am paying to have fun after all, I pay for movies.

So the day I win, ill definitely not remember all the previous loses. Gambling is not the same thing as investment so all the money that a player has been put into the game before winning cannot be considered as investment. There is no need for any mathematical calculations. Every profit is worth celebrating because it’s just a compensation for a pleasurable game.

I have used Bitcoin in sport betting a couple of times and I must say that I love the experience. I use Sportbet.io and I would say that it’s one of the best bookmarkers that offer a diverse range of sports betting markets for Bitcoin players with competitive odds available. There are times I play on traditional markets.

For the purpose of those who are new to Bitcoin betting, I think I should give a few steps on how to begin. First discover the best Bitcoin sport book, create your Bitcoin wallet, then complete your Bitcoin wallet details, next fund your Bitcoin account, next step is to start betting with a Bitcoin sport book and then you are good with withdrawing money from the Bitcoin sport book.

In other words, developers are the problems of themselves because all the controls is in their hands, so probably one of the step they feel is needed is to lock part of the bounty’s reward to control the damage which I believe will also have little positive effect on the project,  while they move on to control the part of the investors.

But, I think the best approach to this is what you have already suggested, they need to limit the circulating supply, or better still limit certain access to part of the tokens, though this might be quite difficult since not all ICO pays through the ICO wallet but directly to their ether wallet, maybe all of the ICOs need to impose all coins going through their own wallet first before transferring it out, with this they can still have limit to number of tokens transferred out at once for transaction.

That is understandable for projects with products but what about the ones without product and still demanding for a very high amount in hardcap.

Projects with products really require lots of money to really perform to the fullest and they also need to be given time to achieve this, once we have chosen to trust them and give them our money, one thing we need to do as an investor is also to give them a breathing space for them to be able to develop their project.

I realized that majority of investors starts getting agitated from DAY 1 that they finish ICO, which should not be, this may be the reason why many of them jump into an exchange when they are not supposed to do so to satisfy the investors and die down their agitation.

Disappeared to where mate, virtually 70% of investors in the market are in for the fast money, just because they are yet to see the opportunity like 2017 to really prove their existence to you doesn’t mean they have disappeared, in fact, they are still having effect on the market, that is why we see a lot of price fluctuations when they pump and dump a coin, isn’t that for the fast money we are talking about.

There are some projects you just need to act fast on and take advantage of it which you might never get to see the opportunity again. If the OP had taken advantage of selling his coin 2017, he would have made really cool money and by now still buy back and be holding far more than his holding then with little investment.

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Yes of course, I am very certain that we are going to see a lot of scam activities in IEO, though it wouldn't be as much as that we have seen in the ICO space because unlike the IEO market.

The ICO market is very much a free market and anything goes because it is not being controlled by any individual or government body but IEO is mostly controlled by popular exchanges that have already made name for themselves, though any exchange good in development can start up an IEO which will be the beginning of IEO scam.

Well yes. That is a way to judge the potential of a project.
According to the famous entrepreneur Elon Musk, spending billions on advertisement is not better than spending it on the project to advance it and upgrade it.

Bitcoin when in its initial stages had been in great demand because people know that it had great potential and did not miss the opportunity to invest in Bitcoin which eventually paid off. So yes there could be hidden gems in crypto but do not rely fully on projects that rely on advertisement.

You are very funny man, we are holding the coin with the hope that one day, that $10 dollars investment will automatically become $100,000 and you know why I invested? I invested for my great grandchildren (Just kidding).

Sometimes its best we still keep holding and follow it till the end since the market is so full of uncertainties and like you said, it is not that the coin you are holding doesn’t have a project or the developers have given up, just that the competition in altcoins market is just way too much and that is why many of these coins are not growing because many of the new investors that ought to have invested in it are exposed to various option, this is why a project with products will always be the best, at this time of bear market is when their product should speak for them.

You are equally right because we have lots of greedy people that are in the market and no matter what you preach to them, they are obviously not willing to stop this attitude at any time till they see the downfall of the project.

So as cryptocurrency keeps gaining more experience on a daily basis, many upcoming projects needs to study these loop holes and try as much as possible to proffer solution to them that will in turn better the development and relevance of such coin in the market and one of which you have mention, there should be a limit to quantity or even price at which people can dump the coin even if we know that it is a decentralized system but some human being are not worthy of given too much freedom.

At the early stage of this year, it was actually so difficult to predict the price of bitcoin and honestly, it is still quite very difficult now, people will just start adjusting to the new positive trend its gradually taking now which I believe we are gradually saying good bye to the bear market, so it is time to start looking at the bull market and forget about the bear market.

There is still little chance now for many investors that are still finding it to predict and determine when to make investment, I think I am to predict right, we have already bottom and passed, so many investors are free to pump in their money now.

Ripple is taking advantage of the fact that they have lots of many to create awareness about crypto which is actually a good thing, but the truth is that I am not a fan of ripple and might never be a fan of ripple even in the future no matter what they do unless they are able to come up with an idea that will make the system decentralized and not what we have now which is being controlled by the banks.

I believe that crypto was created to make project decentralized and also make users anonymous.

All these are just to discourage those who can’t have patience. You know, if a lot of people will learn to invest just what they can afford to lose in this cryptocurrency, no one would be bothered about the price that is falling down. The reason why people are so much bothered is because they invest all they have with hope that it is going to double so they will get rich quick, but at the end they were all disappointed.

Anything you see happening this time is not going to stop cryptocurrency. Before, I got into cryptocurrency I was told that the currency is highly volatile, so that’s what we are seeing now, the market will always be going up and down. I’m not even sure if there is going to be any bull this year, maybe it’s going to be next year, so we will still continue having patience.

Do you remember the time when nokia Mobile Phone Company had a more than 60% share in the market and was considered as the leading/father of the mobile phone industry ?

The arrival of Apple outshined nokia and later on when Samsung started its journey, NOKIA was completely wiped out of the market unless Microsoft purchased the company and reintroduced it. So same will happen in the banking system and crypto banking will rule the world in future.

Lol, that’s why a lot of them keeps on dying off everyday too . They have no other purpose apart from the purpose of making money. That’s why I hate investing in New coins, they are mainly worthless and owned by scammers.

They create it today and try to get investors to invest their money on it, the next thing you know the coin is out of the market and the devs has abandoned everything and the price has dropped and investors who are lucky enough will jump out from it, those who are not will just get stuck in it.

With all these points you listed mate, I think you are the most senior in the forum LOL.
You have already said it all but my issue with many trader is that they read all these virtually every day, they have heard lots of advises and yet they still allow their emotion and greed to set in, because these are exactly the two that is destroying most traders and making them leave trading.

Another one I feel you didn’t add is impatience, this is also applicable to professional traders too and not just the newbies, most trader are really impatience even in the market we are in presently and that is why whales can find it easily to manipulate the market by panicking those that are not patient enough to hold on to the market.