The whole market is simply correcting and this should be expected most of the time especially when bitcoin is correcting as well. Nevertheless, ETH from the dip actually got to about $800 and this is a good thing for those who must have bought the dip anyway and I expect further growth immediately after the correction, which I believe should at least give some more room for further growth as long as we do not end up having a double top.

I really do not see any reason why anyone should be worried about any market at this stage. From the look of things, every market is going to be having some pretty good time in coming weeks anyway and that includes ETH. I guess we are gradually getting to the season of altcoins as long as things do not end up getting awry and out of hand with bitcoin. Also, patience is always the best thing in this market and that is what I always expect everyone to have.

Apparently, most of us have been there one way or the other and it would only take some level of control of our finances to be able to shed off those things that are unimportant from our lists.

Firstly, I have emphasized this before in other threads, a lot of people do not know how powerful a budget can be, it takes a lot trying to draw up a budget and eliminating some things just to catch up, but with budget and sticking to it, you will always find yourself do things in a proper and easy way and you will think you are even richer than you are.

That step to decentralization is one step that has truly changed everything and even though it may be pseudo anonymous, which still does not change the fact that it really is disrupting a whole lot of things for the better. So far so good, it is obvious that the fact that we can do a borderless transaction without a third party is one of the things that is making so many real believers of bitcoin to get into this train except for just some few greedy people who want to make quick bucks overnight.

This is digital age and obviously everything is gradually beginning to go digital even as we see money beginning to enter the evolution phase as well. So many countries have already stated the obvious that blockchain technology is the future and they are ready to embrace it.

Now, I am not sure how other cryptocurrencies will fill this space since they are decentralized but even with the countries having their own system, it would still end up centralized but with so many opportunities for the country if this is adopted.

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No one would worry if all they have there is something they can really overlook and they did not at any point get greedy and also that would even make it easy for them to add more when the market is in a dip to at least be able to balance it up once the market is getting back into a good shape. The thing is that a lot of people usually do not always get the idea that, crypto is volatile and there is nothing anyone can do about it, and what is the point crying when looking forward to the future ?

It is not surprising. Apparently, most people are here in the first place, not because they are trying to invest in the future, but because they are trying to see how to make quick profit or get rich overnight with bitcoin. This is the main reason we have a lot of weak hands in the market and so many people panic easily once they start seeing the other negative side of the market paving in.

Every market is volatile and people will only look at the bad side because that is all they just want to see. Even there are mixed trends, overall market into positive sentiment compared to what we had in the last week. We can expect it to continue in coming days and weeks to have prices above $10k levels, hopefully .

It is actually a good thing they are not just considering but they have finally made the step to bring it into reality.

Yeah, like you said, this has always been on the table and I have always believed anyway that blockchain technology is here to stay, and it is just the idea of decentralization that has always made the banks fearful. Once we start seeing the usage of blockchain technology through banks, then we will start seeing things get better in the long run.

Anyone who has even been here for a long time will know that it is not the short term that counts but the future that really counts.

The truth here is that except if you are trader and you know what you are doing, such a person is the only one who should be worried about when to buy into a market and there are so many things they can always use to make that decision, but someone without trading knowledge or experience and as an investor should always consider the dip as that would always make a lot of sense when focusing on the future.

Lol. Probably in the next few years when things have extremely turned around and bitcoin is being used majorly as a currency than being just an asset. Yes, volatility can increase the level of uncertainty, but that happens to those who are considered weak as they really do not understand what the future holds at the point in time.

If we are to start experiencing some level of volatility, bitcoin would have been considered huge, which by then the value would not even be what it is now, but this is just something that one just have to sacrifice as an early adopter which most people do not understand.

That is just the problem with most of the exchanges these days and poloniex just keep getting worst with the whole withdrawal and deposit problem which is one thing I have never experienced with bittrex and such things can be terribly annoying, considering how not being able to do anything and then having hard time to get support to handle your request just makes the whole idea of using poloniex tiring. I would still always choose bittrex or binance as a better option.

Borrowing to invest unless you really know what you are doing is actually an insane thing to do. I have seen so many people who have no knowledge about an investment or the market borrowing and end up ruining everything and even embarrassing themselves in the process as they are not able to repay quickly based on the mistakes they have made which eventually leads them to making worst decisions. If you want to be rich, get yourself filled up with knowledge and that is the only way you can easily make it.

That is even the number one thing or even the main reason why they panic. Normally, if you invest without any knowledge of your area of investment, the likelihood of panicking at some point, based on not preparing yourself for the risk ahead is definite.

A lot of people are just here for profit based on all they have heard and forgetting how volatile the market can be in a short period and then let that wipe off their level of thinking to be at least patient for the long term until they panic and make the wrong moves eventually.

Yeah, news triggers the market a whole lot and that is the brain beside most of the fluctuations we see in every market.

No one can say when or how this is going to be, but in the long run, it is something that is definite to see happen, as we can expect the news that would create a huge demand for the space and then make it interesting to see how people flow in like we saw last year, but I would say nothing much should be expected immediately as all these things take a lot of time.

As long as the trust has been there all along, bitcoin has been able to stand the test of time, and it is developing, is one of the major factors why the older investors will not even in any way think of the idea of stopping to support bitcoin. Altcoins may have come up with some very sweet idea, but you will only start finding those loop holes eventually when you start using them the way bitcoin has been used, so in one word, it pays to stick with what you believe in that we have seen the loop holes, building on it and staying stronger than a baby that is just starting its life.

It is a market as we have already been calling it and I do not see how this should be a problem since it is just a normal thing for every market even though bitcoin seems to be a little bit complex and different. It is a decentralized environment and it has been running like this for a while and that has not in any way inhibited the growth of any alt, investment, and so on.

We may say, it affects altcoin, but they still always have their period once in a while. It is just market, and all these are bound to happen all the time.

There are so many good projects, it is just to know how to do your research and find them. As long as there is a product and the team is sound to keep developing on the product to make it better, then there is no way such a coin or token will not end up having a future. Looking for cheap coins is not the case most of the time.

Although, some with low cap can actually go a very long way, but at the same time, it takes extra precaution not to invest in a shit coin. Buying massive volume of cheaper coin will not ensure any big profits. Moreover it is kind of gambling like if that coin bounce back then you may get big returns else you will lose all your capital. We should never gamble in the name of trading hence I never suggest to go for a coin only with the reason of cheaper prices.

Well, everyone will have their own different opinion but as long as you believe in the project you are holding, you would not really care about holding all the way. Like you have said, it is a volatile market, but the truth is that you cannot get the best by selling when the value is low anyway, and since you have been holding, it is better when you have gotten the best of your investment. Personally, I have a target and I have not even gotten close to it.

You mean that hopes are not real ? Holding is actually a good thing for a brighter future but only when that coin is based on good and potential project. Here by "good", I am referring lots of factors including team and their credibility.

If anyone is selling their coins now they are seriously making a mistake because they are not even in a good position at all to sell. This is the way the market has always been and one thing is that it would recover. It is just a matter of patience and for those who realize how big what they are holding could get, it would be less of a worry for them knowing that in the future, they have so much more to gain than what is at hand now.

I am just buying more as markets started showing good signals of recovery hence it must be a good time to have more coins for comparatively cheaper prices than what we had in some four months back. Probably I am falling into the category of buying more and holding.

What is happening is normal, and it is one thing I have expected every old member of the community to have gotten used to by now and what new members should have realized from the old members. It is a highly volatile market and there is nothing we can do about it, but asides that, every market will always have its up and downs, but the long term however for every investor still remains intact with respect to huge profit and those who can see that can see it.